$AMPG: The Filing Says The Margin Improved Because The 5G Business Shrank

I sold AmpliTech at a 19.6 percent loss. The 10-Q says gross margin improved because the 5G ORAN sales did not recur, which inverts the thesis I published three times. Plus the purchase agreement clause that guaranteed no margin on the anchor order.

I sold AmpliTech on Tuesday morning at $3.62 against a $4.50 basis. Down 19.6%.

That is the disclosure. What follows is the autopsy, and it turned into something larger than a bad quarter.