# AmpliTech Group, Inc. Series B Right (AMPGZ)

**Exchange:** NASDAQ  
**Market cap:** $54M  
**Price:** $2.57 (+37.43%)

> AmpliTech Group, Inc. Series B Right is a tradable subscription right issued by AmpliTech Group, Inc., a designer, developer, manufacturer, and distributor of advanced radio frequency (RF) microwave components and ORAN 5G network solutions. This Series B Right, trading under the symbol AMPGZ, allows holders to purchase common stock of the company at a fixed subscription price of $6 per share, with a deadline for delivery of subscription certificates and payment set for November 20, 2026, after which it expires. Issued as part of a recent unit offering alongside Series A Rights, it provides existing shareholders and unit purchasers the opportunity to maintain or increase their ownership stake amid capital-raising activities. AmpliTech Group serves critical sectors including satellite communications, telecommunications (5G and IoT), space exploration, defense, and quantum computing through its five divisions: AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services. These rights enhance liquidity for holders by enabling separate trading on the Nasdaq Capital Market, reflecting the company's strategy to fund growth in high-tech RF and wireless innovations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $25M | $6M | -$7M | -$7M | — |
| 2024 | $10M | $3M | -$8M | -$11M | — |
| 2023 | $16M | $7M | -$3M | -$2M | — |
| 2022 | $19M | $9M | $150,957 | -$677,107 | — |
| 2021 | $5M | $1M | -$5M | -$5M | — |
| 2020 | $3M | $1M | -$915,946 | -$1M | — |
| 2019 | $3M | $2M | $81,997 | $5,945 | — |
| 2018 | $2M | $1M | $341,424 | $328,993 | — |
| 2017 | $1M | $728,299 | -$90,096 | -$97,049 | — |
| 2016 | $2M | $1M | $471,916 | $456,288 | — |
| 2015 | $1M | $733,086 | $86,580 | $50,050 | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $51M | $19M | $33M | $5M | — |
| 2024 | $43M | $6M | $37M | $19M | — |
| 2023 | $31M | $5M | $27M | $7M | $80,841 |
| 2022 | $37M | $8M | $29M | $13M | $233,955 |
| 2021 | $35M | $6M | $29M | $18M | — |
| 2020 | $3M | $2M | $440,282 | $199,536 | $2M |
| 2019 | $3M | $2M | $1M | $574,712 | $1M |
| 2018 | $1M | $492,535 | $915,305 | $442,098 | — |
| 2017 | $665,524 | $165,162 | $500,362 | $117,990 | — |
| 2016 | $782,581 | $185,170 | $597,411 | $283,660 | — |
| 2015 | $480,038 | $338,915 | $141,123 | $49,035 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$9M | $1M | -$10M |
| 2024 | -$5M | $42,920 | -$5M |
| 2023 | -$3M | $973,349 | -$4M |
| 2022 | -$3M | $735,761 | -$4M |
| 2021 | -$2M | $1M | -$3M |
| 2020 | -$521,485 | $71,619 | -$593,104 |
| 2019 | -$20,015 | $12,653 | -$32,668 |
| 2018 | $352,302 | -$10,584 | $341,718 |
| 2017 | -$166,827 | $5,371 | -$172,198 |
| 2016 | $346,663 | $14,335 | $332,328 |
| 2015 | $29,809 | — | — |
| 2014 | -$53,811 | — | — |
| 2013 | -$188,519 | — | — |
| 2012 | $62,817 | $5,000 | $57,817 |
| 2011 | -$68,951 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/AMPGZ)