Dragonfly Energy Holdings Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 10.44 million compared to USD 20.21 million a year ago. Net income was USD 3.01 million compared to net loss of USD 32.54 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.76 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.76 a year ago.

For the full year, the company reported sales was USD 64.39 million. Net loss was USD 13.82 million. Basic loss per share from continuing operations was USD 0.26. Diluted loss per share from continuing operations was USD 0.26.