AmpliTech Group, Inc. — fact timeline

AmpliTech Group, Inc. reported the quarter ended March 31, 2026 results: revenue $5.35 million, net income $(1.52) million. Guidance reaffirmed.

“and Quantum computing LNAs, today announced financial results for the quarter ended March 31, 2026. First Quarter 2026 Highlights ● Revenue increased 48.6% year-over-year to $5.35 million, compared to $3.60 million in the first quarter of 2025. ● Gross profit increased 116.1% year-over-year to $2.57 million from $1.19 million in the prior- year period. ● Gross”

AmpliTech Group, Inc. entered into Placement Agency Agreement with Moody Capital Solutions, Inc. valued at 6.0% of the aggregate gross proceeds (effective 2026-01-26).

“On January 26, 2026, the Company entered into a placement agency agreement with Moody Capital Solutions, Inc. (the “Placement Agent”) (the “Placement Agency Agreement”), pursuant to which the Company agreed to pay the Placement Agent an aggregate fee equal to 6.0% of the aggregate gross proceeds received by the Company from the sale of the Securities”

AmpliTech Group, Inc. entered into Securities Purchase Agreement with five institutional investors valued at $9,042,650 (effective 2026-01-26).

“On January 26, 2026, AmpliTech Group, Inc., a Nevada corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with five institutional investors (the “Purchasers”) pursuant to which the Company agreed to sell in a registered direct offering (the “Offering”) 2,230,00 Units (“Units”) at $4.055 per Unit”

AmpliTech Group, Inc. incurred revolving credit of up to $750,000 with Dime Community Bank at Wall Street Journal Prime Rate plus 1.000%, minimum 6.250%.

“On March 25, 2025, AmpliTech Group, Inc., a Nevada corporation (the “Company”), entered into a Bank Loan Agreement (the “Loan Agreement”) with Dime Community Bank (the “Bank”) for a revolving line of credit for up to $750,000 (the “Revolving Line of Credit”).”

Shailesh 'Sonny' Modi was appointed as Director at AmpliTech Group, Inc..

“On January 17, 2025, the Board appointed Mr. Shailesh “Sonny” Modi as a director of the Board of Directors of the Company to fill the vacancy resulting from Mr. Kappers’ resignation.”

Matthew Kappers resigned as Director at AmpliTech Group, Inc..

“On January 17, 2025, Mr. Matthew Kappers resigned as a director of the Company, including his positions as the chairman of the Nominating and Corporate Governance Committee, and as a member of the Audit Committee and the Compensation Committee, effective immediately.”

AmpliTech Group, Inc. reported the three months ended March 31, 2024 results: net income net loss of approximately $4.7 million.

“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.”

AmpliTech Group, Inc. shareholders approved Approval of the amended and restated AmpliTech Group, Inc. 2020 Equity Incentive Plan to increase the shares of Company common stock available for issuance thereunder by one million shares. at the 2023-12-11 meeting.

“2020 Equity Incentive Plan to increase the shares of Company common stock available for issuance thereunder by one million shares t: Votes For Votes Against Votes Abstained 3,118,330 1,005,570 7,816 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.”

AmpliTech Group, Inc. shareholders approved Ratification of the appointment of Sadler, Gibb, & Associates, LLC, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-12-11 meeting.

“The stockholders ratified the appointment of Sadler, Gibb, & Associates, LLC, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.”

AmpliTech Group, Inc. shareholders approved Election of directors of the Company, each to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified. at the 2023-12-11 meeting.

“The stockholders elected Fawad Maqbool, Louisa Sanfratello, Matthew Kappers, Andrew Lee, and Daniel Mazziota as directors of the Company, each to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified.”

AmpliTech Group, Inc. reported year ended December 31, 2022 results: revenue $19,394,000, net income -$677,000.

“· Revenue increased 267% to $19,394,000 in FY’22 compared to $5,275,000 in FY’21. · FY’ 22 gross profit grew to $8,925,000, an almost 7-fold increase from FY’ 21 gross profit of $1,293,000. The gross profit margin increased by 2150 basis points to 46.0% compared to 24.5% a year ago. · FY’22 net loss was $677,000 compared to a FY’21 net loss of $4,759,000, a positive swing of approximately $4.1 million.”

AmpliTech Group, Inc. shareholders approved Advisory approval of holding the stockholder advisory vote on executive compensation every three years. at the 2022-12-06 meeting.

“4. Advisory approval of holding the stockholder advisory vote on executive compensation every three years. Votes for Every One Year Two Years Three Years Votes Abstained 472,240 77,528 3,136,486 4,928”

AmpliTech Group, Inc. shareholders approved Advisory approval of the executive compensation as described in the proxy statement. at the 2022-12-06 meeting.

“3. Advisory approval of the executive compensation as described in the proxy statement: Votes For Votes Against Votes Abstained 3,816,171 96,906 7,249”

AmpliTech Group, Inc. shareholders approved Ratification of the appointment of Sadler, Gibb, & Associates, LLC, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. at the 2022-12-06 meeting.

“2. Ratification of the appointment of Sadler, Gibb, & Associates, LLC, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. Votes For Votes Against Votes Abstained 6,228,808 18,808 14,856”

AmpliTech Group, Inc. shareholders approved Election of directors of the Company, each to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified. at the 2022-12-06 meeting.

“1. Election of directors of the Company, each to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified: Name Votes For Votes Against Votes Abstained Fawad Maqbool 3,903,676 10,495 6,155 Louisa Sanfratello 3,870,161 34,245 15,920 Matthew Kappers 3,770,603 140,672 9,051 Andrew Lee 3,760,504 141,371 18,451 Daniel Mazziota 3,770,004 141,271 9,051”

Jorge Flores was appointed as Chief Operating Officer at AmpliTech Group, Inc..

“On February 21, 2022, Jorge Flores, 54, was appointed Chief Operating Officer of AmpliTech Group, Inc. (the “Company”), effective as of January 1, 2022.”