Dragonfly Energy Q2 net sales $13.2M, Adj. EBITDA -$1.6M; acquires Dakota Lithium assets

Dragonfly Energy Holdings Corp.

Q2 net sales $13.2M (-19% YoY); net loss $5.5M ($0.43/sh) vs $7.0M ($5.77/sh) YoY.
Adjusted EBITDA -$1.6M, improved $0.6M YoY and $3.0M sequentially from cost actions.
Acquired Dakota Lithium assets post-quarter; expects meaningful Q4 revenue and accretive to Adj. EBITDA.
Debt amendments preserve ~$1M liquidity; covenant deferrals until Sep 2027.
Q3 guidance: net sales ~$13.5M, Adj. EBITDA ~$(2.4)M; reaffirms $70M run-rate target.

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