Welcome to our dedicated page for Dragonfly Energy Holdings Warrant news (Ticker: DFLIW), a resource for investors and traders seeking the latest updates and insights on Dragonfly Energy Holdings Warrant stock.
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead-acid batteries in various storage applications including RV, marine vessel, solar, and off-grid industries. The company's disruptive solid-state cell technology is under development, promising environmentally friendly, cost-effective, and non-toxic LFP batteries that outperform lead-acid batteries.
Dragonfly Energy Holdings (Nasdaq: DFLI) announces a partnership with Airstream, integrating Battle Born Batteries as standard equipment in select travel trailer models. This collaboration addresses the common 'battery anxiety' among RV consumers, enhancing their camping experience.
Airstream's President, Bob Wheeler, emphasizes the goal of improved utility and comfort in camping. Dragonfly has also been recognized as a Five Rivet Supplier by Airstream for excellence in quality, delivery, cost, and service.
Dragonfly's CEO, Dr. Denis Phares, expresses excitement over the partnership's future opportunities, further strengthened by their existing connection with THOR Industries.
Dragonfly Energy Holdings Corp. (DFLI) filed its Annual Report on Form 10-K on April 17, 2023, and updated its financial results for the fourth quarter and full year 2022. Key adjustments were made, reflecting changes in operating expenses and net losses due to $19.8 million in deal-related expenses from a prior Business Combination, now classified as general and administrative expenses. These adjustments do not affect net sales or gross profit. Significant figures include:
- Operating Expenses: Increased from $12,481K to $32,941K for Q4 and from $37,541K to $58,001K for the full year.
- Net Loss: Adjusted from $11,655K to $32,115K for Q4 and from $19,111K to $39,571K for the full year.
- EBITDA: Adjusted from $7,843K to $27,593K for Q4 and from $12,645K to $32,444K for the full year.
Dragonfly Energy Holdings Corp. (DFLI) reported its 2022 financial results, with revenue up to $86.3 million, a 10.6% increase from 2021. In Q4 2022, net sales remained stable at $20.2 million, while gross profit fell to $4.4 million from $6.1 million in Q4 2021. Operating expenses surged to $(12.5) million, leading to a net loss of $(11.7) million for the quarter. For 2023, the company anticipates net sales between $112-$122 million, driven by OEM growth, with expected net losses of $(10.5)-$(11.5) million in Q1.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) will announce its financial results for the fourth quarter and year ending December 31, 2022, on March 29, 2023, after market close. The earnings announcement will be followed by a conference call at 5:00 PM ET, accessible via live webcast on the company’s Investor Relations page. Dragonfly is a leader in deep cycle lithium-ion storage batteries, focusing on innovative energy storage solutions, including solid-state cell technology for smart grids. Interested parties can access the call details and future earnings archives on the company’s website.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) will release its financial results for Q4 and the year ended December 31, 2022, on March 20, 2023, after market close. This announcement will be followed by a conference call at 5:00 PM ET, where the management team will discuss the results. Investors can access a live webcast via the company’s Investor Relations page or dial in directly. Dragonfly specializes in deep cycle lithium-ion storage batteries and aims to innovate the energy storage sector through advanced technologies, including the upcoming deployment of proprietary solid-state cell technology.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced its new Dragonfly IntelLigence™ technology, enhancing safety and monitoring for lithium power systems in the marine industry. This product line complies with the ABYC E-13 Standards, which focus on low voltage alerts and shutdown notifications. Dragonfly IntelLigence™ features include smart communication, hybrid system balancing, and remote monitoring through the Dragonfly Energy Mobile App. This innovation aims to address safety concerns associated with lithium-ion batteries while providing reliable power solutions. The products will be available in spring 2023, aligning with the upcoming industry requirements.
FAQ
What is the current stock price of Dragonfly Energy Holdings Warrant (DFLIW)?
What is Dragonfly Energy Holdings Corp known for?
What advantages do Dragonfly's deep cycle lithium iron phosphate (LFP) batteries offer?
What is Dragonfly's solid-state cell technology under development aimed at?
What markets does Dragonfly Energy Holdings Corp cater to?