---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020273"
form_type: "8-K"
ticker: "AMPG"
cik: "0001518461"
company_name: "AmpliTech Group, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T20:59:16.082760+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AmpliTech expects Q1 net loss ~$4.7M due to $3.25M digital currency fraud; delays 10-Q

## Summary
- Company believes it was fraudulently induced to hold $3.25M in digital currency with a custodian that no longer exists.
- Anticipates Q1 2024 net loss of ~$4.7M vs $582K loss in Q1 2023; includes $3.25M loss from digital currency investment.
- Will delay filing Q1 2024 10-Q due to review of digital currency investment; seeking recovery with law enforcement.
- Believes no additional losses expected; systems, records, and other assets unaffected by the investment.

## SEC filing metadata
- accession: 0001493152-24-020273
- form_type: 8-K
- ticker: AMPG
- cik: 0001518461
- company_name: AmpliTech Group, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518461/000149315224020273/0001493152-24-020273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518461/000149315224020273/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020273
- JSON: https://secwatch.observer/filing/0001493152-24-020273.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020273.txt

## Key facts
- Earnings Releases
  AmpliTech Group, Inc. reported the three months ended March 31, 2024 results: net income net loss of approximately $4.7 million.
  - Period: the three months ended March 31, 2024
  - Net income: net loss of approximately $4.7 million
  - Result: preliminary results
  source text: The Company anticipates that for the three months ended March 31, 2024, it will incur a net loss of approximately $4.7 million as compared to a net loss of approximately $582,000 for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1518461/000149315224020273/0001493152-24-020273-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.