Amplitech Group, Inc. (AMPG) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the AmpliTec Group's first quarter 2025 investors update call. Today's call will cover the company's financial results and strategic progress for the quarter ended March 31, 2025. All participants will be in listen-only mode during the presentation. A Q&A session will follow management's remarks. This call is being recorded and a replay will be made available on AmpliTech's Investor Relations webpage. I'll now turn the call over to Mr. George Flores, Chief Operating Officer. Thank you and welcome everyone. We appreciate you joining today's call to hear updates on AmpliTech's operational and financial progress, as well as our growth initiatives. Joining me are Fawad Magbul, our founder and CEO, and Luisa Sanfratello, our CFO. After our prepared remarks, we will open the floor for investor questions. An archived replay of today's call will be posted to the investor relations section of the AmpliTex corporate website. Please note that today's discussion may contain forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements involve risks, and uncertainties that could cause orchard results to differ materially. Please refer to our filings with the SEC for a full list of risk factors. We undertake no obligation to update these statements after today's call. With that, I would like to turn the call over to our CEO, Mr. Fawad Makbool. Thank you, George. Thank you all for joining us today. We're pleased to report continued progress across all our divisions in Q1 2025. While we reported a net loss of $1.8 million this quarter, driven by increased operational spending in our 5G division and R&D efforts, I'd like to emphasize that these are strategic investments. They directly support the certi...