Dragonfly Energy Holdings Corp

Dragonfly Energy reported revenue of $13.2 million in the second quarter, beating the analyst estimate of $12.38 million, but posted a loss of $0.43 per share (expectation: -$0.35). Gross margin improved to 33.0%, partly thanks to a customs refund of $1.1 million, and operating expenses fell to $7.2 million. The heavy-duty transport business generated meaningful revenue for the first time, and the acquisition of Dakota Lithium is expected to contribute significantly to revenue from Q4. For Q3 the company expects about $13.5 million in revenue and an adjusted EBITDA of minus $2.4 million; loan terms were also loosened to secure liquidity. » Mere på de.investing.com

Dragonfly Energy has acquired essentially all of the operating assets of the Dakota Lithium brand for $4.0m ( $1.0m cash, $3.0m in common stock at $2.00 per share; 1.5m shares issued subject to a 12‑month lockup). Dakota Lithium generated roughly $12m in net revenue in 2025, which was reduced by working capital and inventory constraints; Dragonfly expects meaningful revenue from Q4 2026 and a positive impact on adjusted EBITDA. Lenders amended terms to lower the minimum liquidity requirement and allow interest payments in kind for two quarters, which should secure about $1.0m in short‑term liquidity. The company plans to operate Dakota Lithium as a standalone brand alongside Battle Born; the stock fell about 12% immediately after the announcement. » Mere på de.investing.com

Dragonfly Energy has received a Notice of Allowance from the US Patent and Trademark Office for the application “Powderized Solid-State Electrolyte and Electroactive Materials,” which covers manufacturing processes for solid-state batteries. The allowance indicates the application meets patentability requirements and that final grant is expected after administrative steps. The company also reported a prior allowance in Europe for dry-electrode technology and Q1-2025 results with cost reductions, but remains in the RV market facing profitability challenges. » Mere på de.investing.com