AmpliTech Group, Inc. Financial Report: Stock & Warrants Insights

Here are the key insights extracted from the provided section of the financial report:
- Entity Identification:
- Company Name: AmpliTech Group, Inc.
- CIK Number: 0001518461
- SEC File Number: 001-40069
- EIN: 27-4566352
- Address: 155 Plant Avenue, Hauppauge, NY 11788
- Contact Number: (631) 521-7831
- Reporting Date:
- Report Date: December 18, 2024
- Stock Information:
- Common Stock:
- Par Value: $0.001 per share
- Ticker Symbol: AMPG
- Exchange: NASDAQ
- Warrants:
- Description: Warrants to Purchase Common Stock
- Ticker Symbol: AMPGW
- Exchange: NASDAQ
- Contextual Information:
- The report details segments associated with the common stock and warrants, indicating that these financial instruments are classified under their respective categories in compliance with US GAAP.
- Units of Measure:
- The financial data is presented in USD (United States Dollars) and shares, which is standard for equity reporting.
Insights:
- This report is likely part of an 8-K filing, which is used to announce major events that shareholders should know about, including changes in the company’s financial status or operations.
- The low par value of the common stock ($0.001) suggests that the company may be structured to allow for easier issuance of additional shares or options.
- The presence of warrants indicates a financial strategy possibly aimed at raising capital or incentivizing investors.
Overall, the information reflects key aspects of AmpliTech Group, Inc.'s capital structure, particularly focusing on common stock and associated warrants.