Dragonfly Energy

DFLI

Market cap $97.9M

Dragonfly Energy Holdings Corp. ( DFLI ) Q3 2025 Earnings Call November 14, 2025 4:30 PM EST Company Participants Denis Phares - Founder, Chairman of the Board, President, CEO & Interim CFO Wade Seaburg - Chief Commercial Officer Conference Call Participants Szymon Serowiecki George Gianarikas - Canaccord Genuity Corp., Research Division Alfred Moore - ROTH Capital Partners, LLC, Research Division Presentation Operator Good afternoon, and welcome to Dragonfly Energy's Third Quarter 2025 Earnings Call. [Operator Instructions] I'll now turn the call over to Szymon Serowiecki, Investor Relations.

Third Quarter Net Sales and Adjusted EBITDA Exceeded Guidance Driven by 44% OEM Growth Gross Margin Expanded 710 Basis Points Year-over-Year Recent Public Offerings and Debt Restructuring Significantly Improve Financial Position Guides to Fourth Quarter Net Sales of Approximately $13.0 Million

Transaction Significantly Reduces Corporate Debt, Increases Financial Flexibility, and Strengthens Balance Sheet Transaction Significantly Reduces Corporate Debt, Increases Financial Flexibility, and Strengthens Balance Sheet

Strategic partnership to expand distribution of Hybrid's advanced battery energy storage systems Toronto, Ontario – TheNewswire - November 4, 2025 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company") a Canadian manufacturer of advanced battery energy storage and portable power systems, is excited to announce a new distribution agreement (“Agreement”) with Dragonfly Energy Holdings Corp. (“Dragonfly Energy”) (Nasdaq: DFLI), a leading innovator in lithium-ion battery technology and energy storage solutions. This partnership will enable Dragonfly Energy to distribute Hybrid's cutting-edge products, including the Batt Pack Pro, to its extensive customer network.

RENO, Nev., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced that it has received a letter (the “Letter”) on October 20, 2025 from the Nasdaq Hearings Panel of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company regained compliance with both the minimum bid price requirement in Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) and the minimum market value of listed securities requirement in Listing Rule 5550(b)(2) for continued listing on the Nasdaq Capital Market. Accordingly, the Company is in full compliance with Nasdaq's continued listing requirements. The Letter also stated that the Company will remain on a Mandatory Panel Monitor, pursuant to Listing Rule 5815(d)(4)(B), for a one-year period from the date of the Letter, which would require the staff of the Nasdaq Listing Qualifications Department to issue a Delist Determination Letter in the event that the Company fails to maintain compliance with the Minimum Bid Price Requirement during such period.

RENO, Nev., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced the pricing of an underwritten public offering of 36,000,000 shares of common stock at a price to the public of $1.35 per share and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase up to 5,000,000 shares of common stock at a price to the public of $1.3499 per pre-funded warrant, which represents the per share public offering price for the shares of common stock less the $0.0001 per share exercise price for each pre-funded warrant, for gross proceeds of approximately $55.4 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In addition, Dragonfly Energy has granted the underwriters a 30-day option to purchase up to an additional 6,150,000 shares of its common stock at the public offering price for the common stock, less underwriting discounts and commissions. All shares of common stock and pre-funded warrants are being offered by Dragonfly Energy. The offering is expected to close on or about October 17, 2025, subject to the satisfaction of customary closing conditions.

RENO, Nev., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced that it has commenced an underwritten public offering of shares of its common stock and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase shares of its common stock. In addition, Dragonfly Energy expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the securities to be sold in the proposed offering at the public offering price for the common stock, less underwriting discounts and commissions. All shares of common stock and pre-funded warrants are being offered by Dragonfly Energy. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the proposed offering.

RENO, Nev., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, today announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for the Company's latest patent application, strengthening its Dragonfly IntelLigence® battery communication technology and expanding the Company's growing portfolio of U.S. intellectual property.

Preliminary Third Quarter Net Sales and Adjusted EBITDA Exceeded our Guidance Preliminary Third Quarter Net Sales Represent 26% Year over Year Growth RENO, Nev., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced preliminary third quarter 2025 Net Sales and Adjusted EBITDA.

RENO, Nev., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, publishes a new whitepaper developed in collaboration with PACCAR Inc. (Nasdaq: PCAR), a global leader in the design and manufacture of premium trucks, around reducing idling and fuel costs.