Company research
Artificial Intelligence Technology Solutions Inc.
CIK 1498148Updated Sep 24, 2026
AITX price & chart
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OTC:AITX on TradingView ↗About the company
AITX is a developer and provider of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and drive operational efficiency. Through its family of companies, including PURSUON, Inc. (formerly RAD-M), Robotic Assistance Devices, Inc. (RAD-I), Robotic Assistance Devices Residential (RAD-R), Robotic Assistance Devices Group (RAD-G), and Robotic Assistance Devices Lanka (Private) Limited (RAD Lanka), AITX develops and delivers a broad range of AI-driven technologies and services designed to transform security, automation, and operational workflows across multiple industries.
In the news
Recent filings
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Show 5 more recent filings
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,302,228Source | 10,985,797Source | 7,596,791Source | 6,296,858Source |
| Property, Plant and Equipment, NetUSD | 183,185Source | 258,328Source | 268,075Source | 315,888Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,004,201Source | 1,367,331Source | 756,084Source | 265,024Source |
| Inventory, NetUSD | 1,318,742Source | 1,583,726Source | 2,131,599Source | 1,637,899Source |
| Assets, CurrentUSD | 2,935,003Source | 5,028,543Source | 3,616,566Source | 3,438,992Source |
| Operating Lease, Right-of-Use AssetUSD | 931,814Source | 1,010,545Source | 1,139,188Source | 1,208,440Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 61,965,374Source | 60,514,725Source | 47,796,348Source | 38,139,859Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,679Source | 144,125Source | 92,388Source | 58,489Source |
| Additional Paid in CapitalUSD | 117,803,027Source | 106,316,844Source | 92,565,513Source | 80,247,252Source |
| Retained Earnings (Accumulated Deficit)USD | -171,121,742Source | -156,496,930Source | -132,962,427Source | -112,253,711Source |
| Stockholders' Equity Attributable to ParentUSD | -53,211,087Source | -49,931,012Source | -40,199,557Source | -31,843,001Source |
| Liabilities and EquityUSD | 9,302,228Source | 10,985,797Source | 7,596,791Source | 6,296,858Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 19,952,748Source | 7,576,681Source | 21,715,651Source | 16,049,593Source |
| Operating Lease, Liability, CurrentUSD | 243,690Source | 197,349Source | 237,653Source | 248,670Source |
| Operating Lease, Liability, NoncurrentUSD | 676,694Source | 810,513Source | 889,360Source | 950,541Source |
| Additional Financial Items | ||||
| Long-term Debt, Current MaturitiesUSD | 9,483,914Source | 519,105Source | 13,879,479Source | — |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,815,848Source | 1,831,685Source | 1,793,599Source | 740,050Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | 533,952Source | -119,335Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -9,344,534Source | -12,196,388Source | -12,951,743Source | -12,577,395Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,861Source | -79,965Source | 4,194Source | -308,402Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 10,863Source | 23,724Source | 22,165Source | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 8,600,463Source | 13,036,402Source | 12,113,716Source | 9,177,410Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -756,932Source | 760,049Source | -833,833Source | -3,708,387Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 188,993Source | 94,517Source | 17,726Source | 451,192Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 0Source | 1,521,000Source | — |
| DepreciationUSD | 141,051Source | 429,139Source | 854,047Source | 478,115Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -22,312Source | — | 16,426Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | 3,434,685Source | 468,262Source | — | 3,992Source |
| Gain (Loss) on Extinguishment of DebtUSD | 935,500Source | — | 38,740Source | — |
| General and Administrative ExpenseUSD | 12,933,696Source | 13,559,009Source | 10,525,531Source | 8,980,709Source |
| InterestExpenseNonoperatingUSD | 6,001,539Source | 5,456,981Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -14,510,251Source | -18,935,592Source | -20,708,716Source | -18,109,457Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,624,812Source | -19,358,968Source | -20,708,716Source | — |
| Nonoperating Income (Expense)USD | -2,566,854Source | -4,988,719Source | -6,719,304Source | -5,418,777Source |
| Operating ExpensesUSD | 17,477,097Source | 17,691,437Source | 15,085,869Source | 13,344,563Source |
| Payments to Acquire InvestmentsUSD | — | 50,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 5,219,853Source | 12,702,010Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,632,720Source | — | — | 1,331,956Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | 3,595Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 7,745,336Source | 6,130,886Source | 2,227,559Source | 1,331,956Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -11,943,397Source | -13,946,873Source | -13,989,412Source | -12,690,680Source |
| Net Income (Loss) Attributable to ParentUSD | -14,510,251Source | -18,935,592Source | -20,708,716Source | -18,109,457Source |
| Earnings Per Share, BasicUSD per share | -0.07Source | 0Source | 0Source | 0Source |
| Earnings Per Share, DilutedUSD per share | -0.07Source | 0Source | 0Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 202,908,578Source | 11,647,673,315Source | 7,080,914,317Source | 5,091,857,082Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 202,908,578Source | 11,647,673,315Source | 7,080,914,317Source | — |
| Interest Expense (non-operating)USD | 6,001,539Source | 5,456,981Source | — | — |
| Additional Financial Items | ||||
| Cost, Depreciation and AmortizationUSD | 1,981,679Source | 1,051,498Source | — | — |
| Debt Securities, Gain (Loss)USD | — | — | — | 0Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,122,730Source | 1,480,636Source | 854,047Source | 478,115Source |
| Gain (Loss) Related to Litigation SettlementUSD | 3,434,685Source | 468,262Source | — | 3,992Source |
| General and Administrative ExpenseUSD | 12,933,696Source | 13,559,009Source | 10,525,531Source | 8,980,709Source |
| Gross ProfitUSD | 5,533,700Source | 3,744,564Source | 1,096,457Source | 653,883Source |
| Interest ExpenseUSD | — | — | 6,758,044Source | 5,426,364Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,624,812Source | -19,358,968Source | -20,708,716Source | — |
| Nonoperating Income (Expense)USD | -2,566,854Source | -4,988,719Source | -6,719,304Source | -5,418,777Source |
| Operating ExpensesUSD | 17,477,097Source | 17,691,437Source | 15,085,869Source | 13,344,563Source |
| Other Cost and Expense, OperatingUSD | 91,811Source | 287,830Source | — | — |
| Research and Development ExpenseUSD | 4,128,155Source | 3,462,558Source | 2,878,134Source | 3,625,468Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,632,720Source | — | — | 1,331,956Source |
Offerings
Registration 333-297511
Underwriters: June 2, 2023, July 24, 2023, March 1, 2023-February 29, 2024
Registration 333-288173
Registration 333-288019
Filing attachments
ex99-1.htm · 8-K · 2026-09-08
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AITX Accelerates Path to Positive Monthly Cash Flow through Spending Reductions Selected Operating Cash Payments Fall Nearly 14% in August as Early Progress Supports Goal of $200,000 in Monthly Cash SG&A Reductions by December Detroit, Michigan, September 8, 2026 - Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCID:AITX ), a developer and operator of AI-driven security and productivity solutions for enterprise clients, and …
Read attachment ↗ex99-1.htm · 8-K · 2026-08-31
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AITX’s RAD Records 32-Unit August Order Intake Across Five Solutions Orders Spanned Stationary Security, Portable Solar-Powered Systems, Access Control, Lobby Management and Autonomous Mobile Patrol Detroit, Michigan, August 31, 2026 - Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX), a developer and operator of AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidia…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-03
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AITX Announces Cost Reduction Plan Targeting Improved Cash Flow from Operations Company Expects Approximately $2.4 Million in Annualized Run-Rate Reductions to Cash Selling, General and Administrative Expenditures Detroit, Michigan, August 3, 2026 - Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCID:AITX ), a developer and operator of AI-driven security and productivity solutions for enterprise clients, today announced that…
Read attachment ↗ex107.htm · S-1 · 2026-07-17
Calculation of Filing Fee Tables S-1 Artificial Intelligence Technology Solutions Inc. ───────────────────────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price…
Read attachment ↗ex99-1.htm · 8-K · 2026-06-01
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 AITX’s RAD Scales Production as Q1 FY27 Shipments Exceed 100 Hardware Devices Higher Output, Faster Manufacturing, and Growing Software Adoption Reflect Operational Progress Detroit, Michigan, June 1, 2026 - Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCID:AITX ), a developer of AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced th…
Read attachment ↗