Artificial Intelligence Technology Solutions Inc (AITX)

Name: Artificial Intelligence Technology Solutions Inc Financial Statements
Creator: Quarter Results

Technology | Computer Hardware

Latest reporting period: 2025-11-30

Latest Quarter

2025-11-30

Revenue

$2.0M

Net Income

-$4.7M

Operating Margin

-130.9%

Free Cash Flow

-$12.2M

Debt / Assets

554.5%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Artificial Intelligence Technology Solutions Inc (AITX).
Income Statement (Quarterly)	2025-11-30	2025-08-31	2025-05-31	2025-02-28
Revenue	2,010,158	1,888,749	1,854,837	1,853,000
Cost of Revenue	746,064	543,884	621,336	968,626
Gross Profit	1,264,094	1,344,865	1,233,501	884,309
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,737,329	2,634,832	3,290,430	5,396,000
Operating Expenses	3,895,594	3,654,024	4,412,170	7,081,000
Operating Income	-2,631,500	-2,309,159	-3,178,669	-6,197,000
Interest Expense	-1,469,300	1,297,962	1,415,349	1,385,000
Income Before Tax	-4,730,800	763,064	-4,594,018	-7,107,000
Income Tax Expense	0	0	0	0
Net Income	-4,730,800	763,064	-4,594,018	-7,107,000
Per Share
EPS	-0.02	0.00	-0.03	0.00
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Artificial Intelligence Technology Solutions Inc (AITX).
Income Statement (Annual)	2025-02-28	2024-02-29	2024-02-28	2023-02-28	2022-02-28
Revenue	6,131,000	2,228,000	2,228,000	1,332,000	1,447,109
Cost of Revenue	2,386,000	1,131,000	1,131,000	678,073	472,926
Gross Profit	3,745,000	1,096,000	1,096,000	653,883	974,183
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	13,800,000	10,786,000	10,785,937	9,241,000	11,180,914
Operating Expenses	17,691,000	15,086,000	15,086,000	13,345,000	14,375,194
Operating Income	-13,947,000	-13,989,000	-13,989,000	-12,691,000	-13,401,011
Interest Expense	5,457,000	6,758,000	6,758,000	5,426,000	16,129,499
Income Before Tax	-18,936,000	-20,709,000	-20,709,000	-18,109,000	-62,197,484
Income Tax Expense	0	0	0	10,845,000	32,666,974
Net Income	-18,936,000	-20,709,000	-20,709,000	-18,109,000	-94,864,458
Per Share
EPS	-0.16	0.00	0.00	0.00	-0.02
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Artificial Intelligence Technology Solutions Inc (AITX).
Balance Sheet (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Assets
Cash and Cash Equivalents	865,975	105,926	939,759	4,648,146
Short Term Investments	0	0	0	0
Net Receivables	1,786,000	756,084	265,024	429,469
Inventory	1,583,726	2,131,599	1,637,899	1,530,657
Total Current Assets	5,028,543	3,616,566	3,438,992	7,050,436
Property Plant Equipment	5,808,053	3,887,265	2,759,547	2,178,620
Goodwill and Intangibles	33,321	27,080	27,080	28,723
Total Assets	10,985,797	7,596,791	6,296,858	9,279,018
Liabilities
Account Payables	2,121,871	2,032,706	1,343,379	968,853
Short Term Debt	1,045,819	13,724,495	10,412,097	1,494,313
Total Current Liabilities	7,576,681	21,715,651	16,049,593	4,547,718
Long Term Debt	32,732,591	15,687,892	16,504,610	21,366,648
Total Liabilities	60,916,809	47,796,348	38,139,859	30,255,375
Shareholders Equity
Retained Earnings	-156,496,930	-132,962,426	-112,253,711	-94,144,254
Total Shareholders Equity	-49,931,012	-40,199,557	-31,843,001	-20,976,357

Balance sheet annual history for Artificial Intelligence Technology Solutions Inc (AITX).
Balance Sheet (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28	2021-02-28
Assets
Cash and Cash Equivalents	865,975	105,926	939,759	4,648,146	1,044,418
Short Term Investments	0	0	0	0	0
Net Receivables	1,786,000	756,084	265,024	429,469	98,544
Inventory	1,583,726	2,131,599	1,637,899	1,530,657	64,071
Total Current Assets	5,028,543	3,616,566	3,438,992	7,050,436	1,207,033
Property Plant Equipment	5,808,053	3,887,265	2,759,547	2,178,620	356,461
Goodwill and Intangibles	33,321	27,080	27,080	28,723	0
Total Assets	10,985,797	7,596,791	6,296,858	9,279,018	1,567,353
Liabilities
Account Payables	2,121,871	2,032,706	1,343,379	968,853	1,373,838
Short Term Debt	1,045,819	13,724,495	10,412,097	1,494,313	2,128,060
Total Current Liabilities	7,576,681	21,715,651	16,049,593	4,547,718	4,410,710
Long Term Debt	32,732,591	15,687,892	16,504,610	21,366,648	8,871,857
Total Liabilities	60,916,809	47,796,348	38,139,859	30,255,375	16,111,040
Shareholders Equity
Retained Earnings	-156,496,930	-132,962,426	-112,253,711	-94,144,254	-31,521,754
Total Shareholders Equity	-49,931,012	-40,199,557	-31,843,001	-20,976,357	-14,543,687

Cash flow quarterly history for Artificial Intelligence Technology Solutions Inc (AITX).
Cash Flow Statement (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Operating Activities
Net Income	-18,935,592	-20,708,716	-18,109,457	-62,197,484
Depreciation & Amortization	1,480,636	854,047	478,115	232,886
Stock Based Compensation	1,831,685	1,793,599	740,050	2,158,050
Change in Working Capital	3,724,649	1,360,189	1,899,354	-1,039,873
Operating Cash Flow	-12,196,388	-12,951,743	-12,577,395	-14,825,442
Investing Activities
Capital Expenditure	-29,965	-22,165	-258,402	-141,820
Investments	-23,724	-22,165	-258,402	-141,820
Investing Cash Flow	-79,965	4,194	-308,402	-129,200
Financing Activities
Debt Repayment	167,000	1,287,821	-2,513,009	-1,389,708
Common Stock Issued/Repurchased	12,702,010	10,825,895	7,771,169	11,021,932
Dividends Paid	-5,188	0	0	-500,000
Financing Cash Flow	13,036,402	12,113,716	9,177,410	18,558,370
Summary
Free Cash Flow	-12,226,353	-12,973,908	-12,835,797	-14,967,262
Net Change in Cash	760,049	-833,833	-3,708,387	3,603,728

Cash flow annual history for Artificial Intelligence Technology Solutions Inc (AITX).
Cash Flow Statement (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28	2021-02-28
Operating Activities
Net Income	-18,935,592	-20,708,716	-18,109,457	-62,197,484	-5,898,911
Depreciation & Amortization	1,480,636	854,047	478,115	232,886	120,846
Stock Based Compensation	1,831,685	1,793,599	740,050	2,158,050	362,084
Change in Working Capital	3,724,649	1,360,189	1,899,354	-1,039,873	1,357,010
Operating Cash Flow	-12,196,388	-12,951,743	-12,577,395	-14,825,442	-3,073,325
Investing Activities
Capital Expenditure	-29,965	-22,165	-258,402	-141,820	-37,764
Investments	-23,724	-22,165	-258,402	-141,820	-37,764
Investing Cash Flow	-79,965	4,194	-308,402	-129,200	-40,623
Financing Activities
Debt Repayment	167,000	1,287,821	-2,513,009	-1,389,708	-1,116,930
Common Stock Issued/Repurchased	12,702,010	10,825,895	7,771,169	11,021,932	0
Dividends Paid	-5,188	0	0	-500,000	0
Financing Cash Flow	13,036,402	12,113,716	9,177,410	18,558,370	4,145,059
Summary
Free Cash Flow	-12,226,353	-12,973,908	-12,835,797	-14,967,262	-3,111,089
Net Change in Cash	760,049	-833,833	-3,708,387	3,603,728	1,031,111