SECsense Logo

AmpliTech Group, Inc. 2024 Financial Snapshot: Stocks & Warrants Insights

$AMPG
Form 8-K
Filed on: 2024-12-30
Source
AmpliTech Group, Inc. 2024 Financial Snapshot: Stocks & Warrants Insights

Based on the provided section of the financial report for AmpliTech Group, Inc., here are the key pieces of information and insights extracted:

  1. Company Information:
  • Entity Name: AmpliTech Group, Inc.
  • CIK: 0001518461
  • Address: 155 Plant Avenue, Hauppauge, NY 11788
  • Phone: (631) 521-7831
  • Ticker Symbols:
    • Common Stock: AMPG (NASDAQ)
    • Warrants to Purchase Common Stock: AMPGW (NASDAQ)
  1. Reporting Period:
  • Report Date: December 30, 2024
  • The report is for a single day, indicating it may contain specific disclosures pertaining to stock and warrant information as of this date.
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
  • Warrants:
    • The report mentions "Warrants to Purchase Common Stock," indicating the company has issued warrants that allow holders to purchase common stock.
  1. XBRL Context:
  • The document is presented in XBRL (eXtensible Business Reporting Language), which is commonly used for financial reporting to facilitate the sharing and analysis of financial data.
  1. Key Elements:
  • The report includes dimensions for classification:
    • Class of Stock: Common Stock and Warrants to Purchase Common Stock are explicitly defined.
  1. Unit of Measure:
  • Financial amounts are expressed in U.S. Dollars (USD), with shares also indicated as a measure.

Insights:

  • The report appears to focus on the structure of the company's equity, particularly regarding the common stock and associated warrants.
  • The low par value of the common stock ($0.001) suggests that the company might be a smaller firm or a growth-stage company, which is common among companies listed on NASDAQ.
  • The existence of warrants indicates potential for future financing or capital structure adjustments. Investors might find this appealing as it can signify growth opportunities.
  • The fact that this is a current report (8-K) suggests that it is likely providing timely information that may affect stockholders' decisions.

Overall, this report provides a snapshot of AmpliTech Group, Inc.'s capital structure as of the end of December 2024, reflecting critical aspects of its equity offerings.