| Schedule of Segment Reporting |
The
following table presents summary information by segment for the three months ended June 30, 2026:
Schedule of Segment Reporting
| | |
Manufacturing
and Engineering | | |
Distribution | | |
Corporate | | |
Total | |
| Revenue | |
$ | 4,008,656 | | |
$ | 4,061,723 | | |
$ | – | | |
$ | 8,070,379 | |
| Cost of goods sold | |
| 3,524,032 | | |
| 2,292,335 | | |
| – | | |
| 5,816,367 | |
| Net income (loss) | |
| (2,926,665 | ) | |
| 1,133,971 | | |
| (1,295,818 | ) | |
| (3,088,512 | ) |
| Research and development (1) | |
| 1,374,405 | | |
| – | | |
| – | | |
| 1,374,405 | |
| Total assets | |
| 21,850,446 | | |
| 18,232,505 | | |
| 18,425,803 | | |
| 58,508,754 | |
| Depreciation and amortization | |
| 323,703 | | |
| 31,169 | | |
| 186,599 | | |
| 541,471 | |
| Interest income, net | |
| 13,067 | | |
| – | | |
| 45,205 | | |
| 58,272 | |
AmpliTech
Group, Inc.
Notes
To Condensed Consolidated Financial Statements
For
the Six Months Ended June 30, 2026 and 2025
(Unaudited)
The
following table presents summary information by segment for the six months ended June 30, 2026:
| | |
Manufacturing
and Engineering | | |
Distribution | | |
Corporate | | |
Total | |
| Revenue | |
$ | 7,292,194 | | |
$ | 6,127,631 | | |
$ | – | | |
$ | 13,419,825 | |
| Cost of goods sold | |
| 5,213,940 | | |
| 3,385,007 | | |
| – | | |
| 8,598,947 | |
| Net income (loss) | |
| (3,375,601 | ) | |
| 1,257,341 | | |
| (2,491,959 | ) | |
| (4,610,219 | ) |
| Research and development (2) | |
| 1,877,451 | | |
| – | | |
| – | | |
| 1,877,451 | |
| Total assets | |
| 21,850,446 | | |
| 18,232,505 | | |
| 18,425,803 | | |
| 58,508,754 | |
| Depreciation and amortization | |
| 638,318 | | |
| 62,338 | | |
| 373,197 | | |
| 1,073,853 | |
| Interest income, net | |
| 42,206 | | |
| – | | |
| 75,503 | | |
| 117,709 | |
| (1) |
Research
and development for the three months ended June 30, 2026 was comprised of $1,077,842 of 5G expenses and $296,563 of MMIC design expenses. |
| |
|
| (2) |
Research
and development for the six months ended June 30, 2026 was comprised of $1,206,271 of 5G expenses and $671,180 of MMIC design expenses. |
|