Financial Data and Key Metrics Changes - Quarterly revenue reached $6.09 million, a 115% increase compared to $2.83 million in Q3 2024 [5] - Gross profit more than doubled to $2.96 million, representing a 48.6% gross margin, up from 47.5% in the prior year [5] - Net loss significantly narrowed to $188,000 compared to a net loss of $1.19 million in Q3 2024 [5] - Year-to-date revenue surged 171% to $20.7 million compared to $7.7 million in the same period last year [6] - Net loss reduced by nearly 50%, improving from $7.4 million in 2024 to $3.8 million in 2025 [6] Business Line Data and Key Metrics Changes - Growth driven by the successful integration of AmpliTech's 5G ORAN technology and strong momentum in low-noise amplifiers and 5G infrastructure systems [6] - Continued investment in R&D increased by 60%, supporting new product development in MIMO 64P64R ORAN radios and private 5G network systems [6] Market Data and Key Metrics Changes - The company anticipates double-digit gross margins in Q4 2025 and 2026 as production costs normalize [8] - Projected revenue for fiscal year 2026 is at least $50 million, effectively doubling the projected record fiscal year 2025 revenue of at least $25 million [8] Company Strategy and Development Direction - The integration of ORAN IP portfolio positions AmpliTech as a U.S.-based vertically integrated supplier for next-generation open RAN 5G radios [7] - The company aims for 25%-30% annual revenue growth through 2030, driven by ORAN 5G LOIs with two different customers [11] - The rights offering is designed to strengthen the balance sheet without incurring long-term debt, supporting growth while respecting long-term shareholders [13] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability by fiscal year 2026, assuming the continuation of current order pace and margin recovery [8] - The company is positioned to deliver successive quarters of growth and enhanced shareholder value, with expectations of receiving additional orders [17] Other Important Information - The rights offering is priced at $4 per unit, providing growth capital for scaling ORAN product lines and expanding domestic production [7] - The company plans to use proceeds from the rights offering to scale production, fund inventory, and complete necessary certifications [14][15] Q&A Session Summary Question: Will the rights be traded when distributed? - Yes, the rights are expected to be traded when distributed [18] Question: What are the expected gross margins as the company scales? - The company has a mixed list of ORAN 5G products, each with different gross margins, but expects at least double-digit gross margins on all products [19][20]

Core Viewpoint - AmpliTech Group, Inc. has been added to four major Russell indexes, marking a significant milestone in its recognition within the capital markets [1][2]. Company Overview - AmpliTech Group is a designer, developer, and manufacturer of advanced signal processing components for various communication networks, including satellite and 5G systems [1][5]. - The company operates through five divisions, focusing on radio frequency microwave components and ORAN 5G network solutions, serving global markets such as telecommunications, space exploration, and defense [5]. Market Recognition - Inclusion in the Russell 3000E, Russell 3000E Growth, Russell Microcap, and Russell Microcap Growth indexes enhances AmpliTech's visibility to institutional investors and signals its growth-oriented innovation in the communications sector [2][3]. - The index inclusion reflects growing institutional interest in AmpliTech's long-term vision and technology [3]. Recent Achievements - The company has secured multi-million-dollar follow-on purchase orders related to a $40 million Letter of Intent (LOI) for 5G ORAN radios from a Tier-1 mobile network operator, with shipments commencing in Q2 2025 [3]. - AmpliTech has received FCC, CE, and REACH certifications for its next-generation ORAN 5G radios, facilitating broader deployment in the U.S. for public and private networks [7]. Strategic Focus - Despite market volatility, AmpliTech's strong fundamentals and strategic focus position it for sustained long-term growth [4]. - The company has made strategic board appointments to enhance its engineering and policy expertise, guiding its next phase of growth [7].

Core Insights - AmpliTech Group, Inc. has received additional purchase orders nearing $3 million as part of a $40 million Letter of Intent (LOI) from a Tier 1 Mobile Network Operator (MNO) [1] - The company has reported follow-on orders exceeding $5 million from major LOIs, indicating strong customer commitment to its ORAN 5G solutions [2] Company Overview - AmpliTech Group, Inc. is a leading designer, developer, manufacturer, and distributor of advanced radio frequency (RF) microwave components and ORAN 5G network solutions [3] - The company operates through five divisions and serves various global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing [3]

Core Insights - AmpliTech Group, Inc. has received a follow-on purchase order exceeding US$1 Million as part of a significant Letter of Intent (LOI) from a Strategic Open RAN Systems Integrator, highlighting its strong position in the ORAN 5G radio solutions market [1][3] - The company is also fulfilling over $10 Million in orders from another major 5G player, with production ramping up effectively since April [2] - The recent follow-on order is part of a larger $78 Million LOI, demonstrating customer confidence in AmpliTech's ability to manage large orders and meet delivery timelines [3] Company Strategy - AmpliTech's strategy focuses on capitalizing on growth opportunities in the expanding ORAN 5G market, supported by partnerships with two major industry players [4] - The company has achieved CE/REACH and FCC certifications, enabling its products for global deployment, thereby establishing itself as a trusted innovator in the global 5G ORAN ecosystem [4] Company Overview - AmpliTech Group, Inc. operates through five divisions and is a leading designer, developer, manufacturer, and distributor of advanced RF microwave components and 5G network solutions [5] - The company serves various global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, emphasizing its commitment to technology and innovation [5]