Gather the ingredients - * Oats * Peanut butter * Honey * Vanilla extract * Peanuts * Mini chocolate chips
Add the oats to the bowl of a food processor and pulse until they form a coarse flour (about 10 pulses). Remove them to a small bowl.
In the same food processor (no need to wash it), pulse the peanut butter, honey, and vanilla until it is well combined.
Add the oats back to the food processor and pulse until a ball of dough forms - if a dough doesn't form after 10 pulses, add 1 tablespoon of water and pulse again.
Transfer the dough to a bowl and add the mini chocolate chips and chopped peanuts. Mix to combine.
Scoop the dough into 1" portions and roll them in your hands to create smooth balls. Repeat with remaining dough and serve.