Callum fights with his signature tactical gifts (taser-candy canes, grappling-hook ribbons). Krampus fights with old-magic chains and raw, mournful fury. But Gretel is winning—she’s not evil; she’s unmade , and she wants everyone to feel that void.

After a near-catastrophic Code Red, E.L.F. Commandant Callum Drift discovers a second, far more personal threat: someone has stolen the original Naughty List, and the only one who can help him retrieve it before Yule is the bitter, retired Krampus—who has a centuries-old score to settle with Santa.

Not a Code Yellow (milk-and-cookie discrepancy) or Code Orange (runaway sleigh). This was a : the integrity of the Naughty & Nice Index had been compromised.

Jack: “The… the chocolate bunny?”