---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-014614"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:05:30.093745+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dragonfly Energy Q4 net sales drop 48% to $10.4M; guides Q1 loss of $(0.13-0.17)/share

## Summary
- Net sales $10.4M (Q4 2023) down from $20.2M, driven by RV market slowdown and inflation.
- Net income $3.0M in Q4 2023 due to $29.6M warrant liability revaluation, but adjusted EBITDA loss $(2.1M) improved from $(4.7M).
- Full-year 2023 net loss $(13.8M) vs $(40.0M) in 2022; adjusted EBITDA loss widened to $(17.1M) from $(7.9M).
- Q1 2024 outlook: net sales $12-13M, gross margin 24-26%, net loss $(8-10.5M) or $(0.13-0.17)/share.
- Operational: Launched all-electric APU for trucking; dry electrode deposition at scale; Forest River OGV standard.

## SEC filing metadata
- accession: 0001493152-24-014614
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315224014614/0001493152-24-014614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315224014614/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-014614
- JSON: https://secwatch.observer/filing/0001493152-24-014614.json
- Plain text: https://secwatch.observer/filing/0001493152-24-014614.txt

## Key facts
- Earnings Releases
  Dragonfly Energy Holdings Corp. reported the fourth quarter and full year ended December 31, 2023 results: revenue Net Sales were $10.4 million, net income Net Income of $3.0 million, EPS Diluted Net Income per share was $0.05.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: Net Sales were $10.4 million
  - Net income: Net Income of $3.0 million
  - EPS: Diluted Net Income per share was $0.05
  - Result: reported results
  source text: today reported its financial and operational results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights ● Net Sales were $10.4 million, compared to $20.2 million in Q4 2022 ● Gross Profit was $2.0 million, compared to $4.0 million in Q4 2022 ● Operating expenses were $(5.4) million, compared to $(32.9) million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847986/000149315224014614/0001493152-24-014614-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.