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ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

CIK: 1498148 SIC: 7372
$7.35M
Revenue
$-14.64M
Net Income
63.10%
Gross Margin
-190.37%
Op. Margin
$-20.96M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 12 of 26 quarterly reports available
Breakdown Q2 2026
(Aug 31, 2025)
Q1 2026
(May 31, 2025)
Q4 2025
(Feb 28, 2025)
Q3 2025
(Nov 30, 2024)
Q2 2025
(Aug 31, 2024)
Q1 2025
(May 31, 2024)
Q3 2024
(Nov 30, 2023)
Q2 2024
(Aug 31, 2023)
Q1 2024
(May 31, 2023)
Q4 2023
(Feb 28, 2023)
Q3 2023
(Nov 30, 2022)
Q2 2023
(Aug 31, 2022)
+ Total Revenue $1.89M $1.85M $1.85M $1.75M $1.34M $1.18M $596.98K $386.36K $385.21K $276.92K $402.40K $267.48K
Revenue Growth % (YoY) 40.5% 56.8% nan% 193.3% 247.9% 207.1% 48.4% 44.4% nan% nan% nan% nan%
Cost of Revenue $543.88K $621.34K $968.63K $577.14K $784.97K $295.59K $135.91K $89.01K $91.51K $224.18K $125.96K $34.21K
+ Gross Profit $1.34M $1.23M $884.31K $1.17M $559.22K $887.21K $461.07K $297.35K $293.70K $52.74K $276.44K $233.27K
Gross Margin % 71.2% 66.5% 47.7% 67.0% 41.6% 75.0% 77.2% 77.0% 76.2% 19.0% 68.7% 87.2%
Operating Expenses $3.65M $4.41M $7.08M $3.48M $3.17M $3.72M $2.85M $3.34M $3.24M $3.25M $3.09M $3.41M
Research & Development $919.71K $1.09M $1.57M $579.04K $677.41K $640.71K $557.13K $794.55K $891.76K $824.63K $813.31K $963.79K
+ Operating Income $-2.31M $-3.18M $-6.20M $-2.30M $-2.61M $-2.83M $-2.38M $-3.05M $-2.95M $-3.20M $-2.81M $-3.18M
Operating Margin % -122.3% -171.4% -334.4% -131.5% -194.5% -239.5% -399.5% -788.2% -765.6% -1156.0% -699.4% -1188.3%
Interest Expense $74.34K $8.91K $13.48K $81.04K $185.71K $25.02K $1.58M $1.75M $1.61M $1.98M $1.27M $1.00M
Other Income/Expense $3.07M $-1.42M $-910.09K $-1.40M $-1.32M $-1.36M $-1.58M $-1.71M $-1.61M $-1.98M $-1.27M $-994.43K
+ Net Income $763.06K $-4.59M $-7.11M $-3.70M $-3.93M $-4.19M $-3.97M $-4.76M $-4.56M $-5.18M $-4.09M $-4.17M
Net Margin % 40.4% -247.7% -383.6% -211.5% -292.4% -354.6% -664.4% -1231.9% -1182.5% -1870.3% -1015.3% -1560.0%
Basic EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Basic Shares Outstanding 18.47B 15.52B 576.5M 12.16B 11.18B 9.88B 7.29B 6.57B 5.96B 122.8M 5.14B 4.97B
Diluted Shares Outstanding 18.47B 15.52B 576.5M 12.16B 11.18B 9.88B - - - - - -
Breakdown Q2 2026
(Aug 31, 2025)
Q1 2026
(May 31, 2025)
Q4 2025
(Feb 28, 2025)
Q3 2025
(Nov 30, 2024)
Q2 2025
(Aug 31, 2024)
Q1 2025
(May 31, 2024)
Q3 2024
(Nov 30, 2023)
Q2 2024
(Aug 31, 2023)
Q1 2024
(May 31, 2023)
Q4 2023
(Feb 28, 2023)
Q3 2023
(Nov 30, 2022)
Q2 2023
(Aug 31, 2022)
Cash & Cash Equivalents $323.02K $324.85K $865.98K $84.23K $543.13K $193.10K $97.48K $1.51M $287.20K $939.76K $713.49K $363.07K
Accounts Receivable $931.22K $893.69K $1.37M $1.25M $650.29K $616.46K $505.44K $260.67K $391.82K $265.02K $464.04K $442.65K
Inventory $1.08M $1.15M $1.58M $1.88M $2.06M $1.83M $2.22M $1.69M $1.49M $1.64M $1.57M $1.64M
Total Current Assets $2.78M $3.32M $5.03M $4.00M $4.09M $3.09M $3.51M $4.14M $2.69M $3.44M $3.42M $3.30M
Property Plant & Equipment $237.65K $259.08K $258.33K $257.19K $258.18K $278.93K $300.30K $328.59K $302.96K $315.89K $312.31K $319.38K
Total Assets $9.53M $9.76M $10.99M $9.80M $9.22M $7.93M $7.14M $7.47M $5.83M $6.30M $6.12M $5.88M
Short-term Debt - - - - $1.59K $1.59K $1.59K $1.59K $1.59K $1.59K $1.59K $1.59K
Deferred Revenue $83.93K $91.09K $91.58K $102.32K $363.57K $62.23K $78.47K $34.70K $36.46K $9.90K $2.38K $1.87K
Total Current Liabilities $9.19M $7.08M $7.58M $41.29M $37.08M $28.75M $16.46M $28.75M $24.51M $16.05M $4.47M $3.47M
Total Liabilities $56.41M $59.86M $60.51M $56.81M $54.69M $53.58M $43.33M $41.42M $39.91M $38.14M $36.61M $34.60M
Common Stock $197.88K $169.97K $144.12K $125.82K $117.07K $103.19K $77.15K $70.40K $61.30K $58.49K $52.61K $50.63K
Retained Earnings $-160.36M $-161.09M $-156.50M $-149.39M $-145.69M $-141.36M $-125.54M $-121.57M $-116.81M $-112.25M $-107.07M $-102.99M
Total Stockholders Equity $-47.33M $-50.51M $-49.93M $-47.02M $-45.47M $-45.91M $-36.19M $-33.95M $-34.08M $-31.84M $-30.50M $-28.72M
Total Liabilities & Equity $9.53M $9.76M $10.99M $9.80M $9.22M $7.93M $7.14M $7.47M $5.83M $6.30M $6.12M $5.88M
Breakdown Q2 2026
(Aug 31, 2025)
Q1 2026
(May 31, 2025)
Q4 2025
(Feb 28, 2025)
Q3 2025
(Nov 30, 2024)
Q2 2025
(Aug 31, 2024)
Q1 2025
(May 31, 2024)
Q3 2024
(Nov 30, 2023)
Q2 2024
(Aug 31, 2023)
Q1 2024
(May 31, 2023)
Q4 2023
(Feb 28, 2023)
Q3 2023
(Nov 30, 2022)
Q2 2023
(Aug 31, 2022)
Net Income $763.06K $-4.59M $-7.11M $-3.70M $-3.93M $-4.19M $-3.97M $-9.31M $-4.56M $-5.18M $-12.93M $-8.84M
Depreciation & Amortization $1.01M $482.08K $441.26K $1.04M $645.31K $297.55K $574.75K $358.98K $167.94K $145.47K $332.64K $239.79K
Stock-based Compensation $160.71K $80.36K $1.58M $249.97K $166.65K $83.32K $337.90K $228.43K $115.72K $259.05K $481.00K $343.00K
Change in Receivables - - - - - $-126.62K $267.14K $20.38K $142.80K $-378.12K $258.79K $158.18K
Operating Cash Flow $-5.40M $-3.32M $-3.30M $-8.89M $-6.43M $-3.05M $-9.38M $-6.34M $-2.99M $-2.69M $-9.88M $-6.75M
Capital Expenditure $8.42K $8.42K - $23.72K $23.72K $19.13K - - - - - -
Investing Cash Flow $-10.42K $-9.72K $-2.10K $-77.87K $-77.87K $-21.73K $-10.04K $-3.46K $-3.46K $-90.80K $-217.60K $-207.20K
Stock Issued $4.36M $2.84M $3.81M $8.89M $6.89M - - - - - - -
Financing Cash Flow $4.87M $2.79M $4.09M $8.95M $6.95M $3.15M $8.55M $6.91M $2.34M $3.01M $6.17M $2.68M
Net Change in Cash $-542.95K $-541.13K $781.74K $-21.70K $437.21K $87.18K $-842.28K $572.35K $-652.56K $226.27K $-3.93M $-4.29M
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing Period ended: Aug 31, 2025
Condensed Consolidated Statements of Operations
Description Aug 31, 2025 Aug 31, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.89M - $3.74M -
Cost of Revenue $543.88K - $1.17M -
Gross Profit $1.34M - $2.58M -
Operating Expenses $3.65M - $8.07M -
Research & Development $919.71K - $2.01M -
Operating Income $-2.31M - $-5.49M -
Interest Expense $1.30M - $74.34K -
Other Income/Expense $3.07M - $1.66M -
Net Income $763.06K $-4.19M $-3.83M -
Basic EPS 0.00 - 0.00 -
Diluted EPS 0.00 - 0.00 -
Basic Shares Outstanding $18.47B - $16.99B -
Diluted Shares Outstanding $18.47B - $16.99B -
Condensed Consolidated Balance Sheets
Description Aug 31, 2025 Feb 28, 2025
Cash & Cash Equivalents $323.02K $865.98K
Accounts Receivable $931.22K $1.37M
Inventory $1.08M $1.58M
Total Current Assets $2.78M $5.03M
Property Plant & Equipment $237.65K $258.33K
Total Assets $9.53M $10.99M
Deferred Revenue $83.93K $91.58K
Total Current Liabilities $9.19M $7.58M
Total Liabilities $56.41M $60.51M
Common Stock $197.88K $144.12K
Retained Earnings $-160.36M $-156.50M
Total Stockholders Equity $-47.33M $-49.93M
Total Liabilities & Equity $9.53M $10.99M
Condensed Consolidated Statements of Cash Flows
Description Aug 31, 2025 Aug 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $763.06K $-4.19M $-3.83M -
Depreciation & Amortization - - $1.01M -
Stock-based Compensation - - $160.71K -
Operating Cash Flow - - $-5.40M -
Capital Expenditure - - $8.42K -
Investing Cash Flow - - $-10.42K -
Stock Issued - - $4.36M -
Financing Cash Flow - - $4.87M -
Net Change in Cash - - $-542.95K -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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