The mount you are using is not the greatest of all heat sinks.. how long are your duty cycles.?
..... and your rest cycle?
your diode inside is close to the lens-- looks in your pic that it is too far out.. the 'hottest' part needs to be within the heat sink .
You may have worn out those Li-ions.. c'mon?? you can find better/bigger batts.
Find some laptop battery packs being discarded. carefully 'harvest' the batts. (gets easier later)- clean the ends- discharge and recharge three times then test.
A few or more may take a charge. BTW if not owning one- get a 'smart' charger.. MUCH safer. I wont use cheap chargers indoors.
Only green lasers are easily seen in daylight and from the side (worst 'angle' to view) coming at you IMO is best --coming from behind 2 nd fav.
Something needs to be in the air.. hazer, fogger/insense sticks, doobage whatev red balloons are also not the easiest to pop.. darker pops quicker. Did you choose red balloons because of your red laser?? lol put a smallish black balloon INSIDE a larger Clear Balloon (like a condom) the black one needs to be 'tight' so very small to begin with. . If done right the black one inside pops first. so do that and a few more things then move on.. sry.. black bags-fireworks,, balh blah - & do the forum a favor
-be careful.
we gets lots of BAD press and zero good.
If you do get hurt??... we do not really want to hear about that please or ANYTHING negative.. PM only.
seeing stuff burn etc. makes it a hard case to sell ..that we are not being dangerous with our lasers..
There is NO DIFFERENCE between playing with fire and playing with lasers.. lasers are NOT TOYs .
wanna read what can easily happen to anyone w/ a laser???
laserpointersafety.org
looked now at yr other pic.. are you using croc clips? soldered connections are not just good idea
afaik and in your case a Lasorb for that set-up would 'protect your investment'..
The Pangolin Lasorb is the white part on top..needs to be as close to the diode as possible.
like this the black thing is a plug (male) plugs into a female going to the driver . . no clips or twisted wires

Your version has driver inside --yes?