v3.26.3
Dakota Lithium Acquisition (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF FAIR VALUE OF THE CONSIDERATION TRANSFERRED

 

(in dollars 000s)  Amount 
Cash  $1,000 
187,500 shares of Dragonfly Energy Holdings Corp. common stock, valued at the $9.36 closing price on July 31, 2026   1,755 
Total consideration transferred  $2,755 
SCHEDULE OF FAIR VALUES OF THE ASSETS ACQUIRED AND LIABILITIES ASSUMED

 

(in dollars 000s)  Amount 
Inventory  $639 
Property and equipment   47 
Intangible assets:     
Customer relationships   720 
Trade name   946 
Total identifiable assets acquired   2,352 
Goodwill   403 
Total consideration transferred  $2,755 
SCHEDULE OF PRO FORMA INFORMATION

The unaudited supplemental pro forma information below shows the Company’s combined results as if the acquisition had occurred on January 1, 2025:

 

in 000s

  Three months ended
Sept. 30, 2026(1)		   Three months ended
Sept. 30, 2025		   Nine months ended
Sept. 30, 2026(1)		   Nine months ended
Sept. 30, 2025		 
Revenue   12,596    18,609    40,529    56,262 
Net loss   (5,412)   (12,355)   (18,895)   (27,203)

 

(1)Dakota Lithium’s results of operations have been included in the condensed consolidated financial statements since the Acquisition Date. Following the acquisition, Dakota Lithium’s operations were integrated into the Company’s existing operations