Amplitech Group Inc SEC Filings

Filer submitted a Form 144 notice reporting a proposed sale of Common stock. The filing lists 10,000 (units shown) under "Securities To Be Sold," references amounts including $49,500.00 and an apparent share figure 25,338,799 with an "as of" date 05/22/2026. The excerpt also lists two prior Stock Grants of 5,000 shares each dated 04/08/2025 and 08/29/2024.

AmpliTech Group, Inc. reported strong preliminary results for the first quarter of 2026, highlighted by rapid growth and better profitability. Revenue rose 48.6% year-over-year to $5.35 million from $3.60 million, while gross profit increased 116.1% to $2.57 million. Gross margin expanded to 48.0% from 33.0%, helped by a sharp increase in manufacturing and engineering segment revenue to $3.28 million from $0.99 million.

The company’s net loss improved 17.3% year-over-year to $(1.52) million. Liquidity strengthened, with cash, cash equivalents and marketable securities at approximately $18.4 million as of March 31, 2026, and working capital at about $25.4 million versus $10.2 million on December 31, 2025. The current ratio improved to 4.25 from 1.68 and total assets to total liabilities improved to $48.36 million from $32.86 million, and the company remains debt free.

Management noted progress advancing 5G ORAN radio systems, MMIC chip designs, satellite and defense communications applications, and other next-generation wireless infrastructure solutions. The company reaffirmed that its full-year revenue guidance remains achievable and expects revenue to be more heavily weighted toward the second half of the year.

AmpliTech Group, Inc. reported strong top-line growth but continued losses for the quarter ended March 31, 2026. Revenue rose to $5,349,446 from $3,599,099, driven largely by higher demand for 5G products, lifting gross margin to 47.98% from 33.00%.

The company posted a net loss of $1,521,707, narrower than the $1,840,521 loss a year earlier, as research and development spending declined while selling, general and administrative costs increased due to higher corporate expenses and stock-based compensation. Basic and diluted loss per share improved to $0.06 from $0.09.

Liquidity strengthened significantly through a rights offering and a registered direct offering, which together generated net proceeds of about $16.4M and increased stockholders’ equity to $48,360,710. Cash and cash equivalents were $11,807,881 and marketable securities $6,618,092, supporting working capital of $25,381,638. Management believes existing resources can fund operations for at least 12 months, but internal control over financial reporting and disclosure controls remained not effective due to ongoing material weaknesses.

AmpliTech Group, Inc. reports continued investment-driven losses alongside multiple financings and strategic expansion initiatives for the year ended December 31, 2025. The company incurred a net loss of $7,007,155, bringing its accumulated deficit to $28,019,282, while R&D spending totaled $2,687,176 as it develops 5G, MMIC and cryogenic amplifier technologies.

AmpliTech completed an $8,000,000 Titan Crest asset purchase for 5G ORAN radio intellectual property, including $4,000,000 in cash and $4,000,000 in restricted stock, with a contingent $3,000,000 milestone liability as of December 31, 2025. It also strengthened liquidity through a rights offering that issued 2,268,204 units for gross proceeds of $9,072,816 (about $8,103,909 net) and a January 2026 registered direct sale of 2,230,000 units generating approximately $8,319,873 net.

The company is scaling its RF, microwave and semiconductor businesses across divisions including Specialty Microwave, Spectrum Semiconductor Materials, its Texas MMIC design center and the AGTGSS 5G services arm. As of March 23, 2026, AmpliTech had 25,331,299 common shares outstanding and remained a smaller reporting company with an estimated non‑affiliate float of about $37,274,542.

AmpliTech Group Inc received an Amendment No. 1 to a Schedule 13G/A filed by The Vanguard Group reporting that Vanguard beneficially owns 0 shares of AmpliTech common stock and holds 0% of the class. The filing explains Vanguard's internal realignment on January 12, 2026 that caused certain subsidiaries to report holdings separately; the signature block is dated 03/26/2026.

AmpliTech Group, Inc. approved a new annual performance-based bonus plan for its named executive officers starting with the 2026 fiscal year and onward. The plan is designed to reward achieving specific financial, operational, and strategic goals.

Bonuses are tied to three metrics: annual revenue (50% weighting), EBITDA/gross margin (35%), and employee retention (15%). Target bonuses are 75% of base salary for CEO Fawad Maqbool and 45% for CFO Louisa Sanfratello and COO Jorge Flores. Maximum performance can raise bonuses to 105% for the CEO and 75% for the CFO and COO, with linear interpolation between thresholds. The Board may also grant additional discretionary bonuses up to 85% of base salary for the CEO and 55% for the CFO and COO.

AmpliTech Group, Inc. notified the SEC that Nasdaq Stock Market LLC has submitted a Form 25 to remove the company’s warrant class from listing and/or registration. Nasdaq states it has complied with applicable rules under 17 CFR 240.12d2-2 and the issuer has complied with exchange rules governing voluntary withdrawal.

AmpliTech Group’s Chief Financial Officer and director Louisa Sanfratello reported new equity awards that increase her stake in the company. On January 30, 2026, she received 50,000 restricted stock units under the company’s equity incentive plan, which vested immediately upon grant.

She was also granted 200,000 incentive stock options with a $3.04 exercise price, vesting over time: 25% on the first anniversary of grant and the remaining 75% in 36 equal monthly installments, contingent on continued service. Following these awards, she directly owns 60,000 common shares and 200,000 stock options.