secwatch.observer — SEC 8-K summary
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Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001493152-24-014614
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224014614/0001493152-24-014614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224014614/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014614

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