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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 6 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)
+ Total Revenue $1.89M $1.85M $1.85M $1.75M $1.34M $1.18M
Revenue Growth % (YoY) 40.5% 56.8% nan% nan% nan% nan%
Cost of Revenue $543.88K $621.34K $968.63K $577.14K $784.97K $295.59K
+ Gross Profit $1.34M $1.23M $884.31K $1.17M $559.22K $887.21K
Gross Margin % 71.2% 66.5% 47.7% 67.0% 41.6% 75.0%
Operating Expenses $3.65M $4.41M $7.08M $3.48M $3.17M $3.72M
Research & Development $919.71K $1.09M $1.57M $579.04K $677.41K $640.71K
+ Operating Income $-2.31M $-3.18M $-6.20M $-2.30M $-2.61M $-2.83M
Operating Margin % -122.3% -171.4% -334.4% -131.5% -194.5% -239.5%
Interest Expense $74.34K $8.91K $13.48K $81.04K $185.71K $25.02K
Other Income/Expense $3.07M $-1.42M $-910.09K $-1.40M $-1.32M $-1.36M
+ Net Income $763.06K $-4.59M $-7.11M $-3.70M $-3.93M $-4.19M
Net Margin % 40.4% -247.7% -383.6% -211.5% -292.4% -354.6%
Basic EPS 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
Basic Shares Outstanding 18.47B 15.52B 576.5M 12.16B 11.18B 9.88B
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)
Cash & Cash Equivalents $323.02K $324.85K $865.98K $84.23K $543.13K $193.10K
Accounts Receivable $931.22K $893.69K $1.37M $1.25M $650.29K $616.46K
Inventory $1.08M $1.15M $1.58M $1.88M $2.06M $1.83M
Total Current Assets $2.78M $3.32M $5.03M $4.00M $4.09M $3.09M
Property Plant & Equipment $237.65K $259.08K $258.33K $257.19K $258.18K $278.93K
Total Assets $9.53M $9.76M $10.99M $9.80M $9.22M $7.93M
Short-term Debt - - - - $1.59K $1.59K
Deferred Revenue $83.93K $91.09K $91.58K $102.32K $363.57K $62.23K
Total Current Liabilities $9.19M $7.08M $7.58M $41.29M $37.08M $28.75M
Total Liabilities $56.41M $59.86M $60.51M $56.81M $54.69M $53.58M
Common Stock $197.88K $169.97K $144.12K $125.82K $117.07K $103.19K
Retained Earnings $-160.36M $-161.09M $-156.50M $-149.39M $-145.69M $-141.36M
Total Stockholders Equity $-47.33M $-50.51M $-49.93M $-47.02M $-45.47M $-45.91M
Total Liabilities & Equity $9.53M $9.76M $10.99M $9.80M $9.22M $7.93M
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)
Net Income $763.06K $-4.59M $-7.11M $-3.70M $-3.93M $-4.19M
Depreciation & Amortization $1.01M $482.08K $441.26K $1.04M $645.31K $297.55K
Stock-based Compensation $160.71K $80.36K $1.58M $249.97K $166.65K $83.32K
Change in Receivables - - - - - $-126.62K
Operating Cash Flow $-5.40M $-3.32M $-3.30M $-8.89M $-6.43M $-3.05M
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
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
Net Change in Cash $-542.95K $-541.13K $781.74K $-21.70K $437.21K $87.18K
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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