For the quarter ending 2025-11-30, AITX has $9,631,703 in assets. $58,334,636 in debts.
| Balance Sheets | 2025-11-30 | 2025-08-31 | 2025-05-31 | |
|---|---|---|---|---|
| Cash | 143,801 | 323,021 | 324,847 | |
| Accounts receivable, net | 1,306,020 | 931,219 | 893,694 | |
| Device parts inventory, net | 1,138,333 | 1,075,239 | 1,146,783 | |
| Share proceeds receivable | - | - | 270,186 | |
| Prepaid expenses and deposits | 505,285 | 452,827 | 687,147 | |
| Total current assets | 3,093,439 | 2,782,306 | 3,322,657 | |
| Operating lease asset | 970,324 | 1,007,980 | 1,044,802 | |
| Revenue earning devices, net of accumulated depreciation of 3,756,281 and 2,292,172, respectively | 5,195,308 | 5,348,428 | 4,982,668 | |
| Fixed assets gross | 804,329 | 790,020 | - | |
| Less accumulated depreciation | 582,896 | 552,367 | - | |
| Fixed assets, net of accumulated depreciation of 582,896 and 491,186, respectively | 221,433 | 237,653 | 259,080 | |
| Trademarks | 35,319 | 35,319 | 34,619 | |
| Investment at cost | 100,000 | 100,000 | 100,000 | |
| Security deposit | 15,880 | 15,880 | 15,880 | |
| Total assets | 9,631,703 | 9,527,566 | 9,759,706 | |
| Convertible, redeemable preferred stock, value-Series BRedeemable Preferred Stock | 0 | 0 | 0 | |
| Accounts payable and accrued expenses | 3,211,067 | 2,599,482 | 2,648,311 | |
| Customer deposits | 162,811 | 83,929 | 91,091 | |
| Current portion of deferred variable payment obligation | 2,837,536 | 2,510,325 | 2,202,545 | |
| Loan payable - related party | 437,984 | 396,940 | 335,065 | |
| Deferred compensation for ceo | 1,392,230 | 1,197,683 | 955,913 | |
| Current portion of loans payable, net of discount of 512,676 and 0 | 6,747,115 | 1,825,276 | 519,105 | |
| Current portion of accrued interest payable | 2,083,352 | 332,866 | 107,715 | |
| Current operating lease liability | 245,173 | 245,173 | 217,222 | |
| Total current liabilities | 17,117,268 | 9,191,674 | 7,076,967 | |
| Loans payable, net of discount of 0 and 360,163, respectively | 20,535,881 | 25,606,435 | 30,706,167 | |
| Incentive compensation plan payable | 4,000,000 | 4,000,000 | 4,000,000 | |
| Accrued interest payable | 13,444,645 | 14,336,829 | 14,741,856 | |
| Non-current operating lease liability | 711,842 | 747,619 | 810,513 | |
| Deferred variable payment obligation | 2,525,000 | 2,525,000 | 2,525,000 | |
| Total liabilities | 58,334,636 | 56,407,557 | 59,860,503 | |
| Convertible, redeemable preferred stock, value-Series CRedeemable Preferred Stock | 876,968 | 450,899 | 414,157 | |
| Preferred stock, value | 0 | 0 | 0 | |
| Preferred stock, value-Series GPreferred Stock | 0 | 0 | 0 | |
| Preferred stock, value-Series EPreferred Stock | 3,350 | 3,350 | 3,350 | |
| Preferred stock, value-Series FPreferred Stock | 2,513 | 2,513 | 2,513 | |
| Common stock, 0.00001 par value 27,500,000,000 shares authorized 23,287,834,008 and 14,412,453,768 shares issued, issuable and outstanding, respectively | 232,878 | 197,878 | 169,975 | |
| Additional paid-in capital | 115,170,827 | 112,724,037 | 110,301,070 | |
| Preferred stock to be issued | 99,086 | 99,086 | 99,086 | |
| Accumulated deficit | -165,088,555 | -160,357,755 | -161,090,948 | |
| Total stockholders deficit | -49,579,901 | -47,330,891 | -50,514,954 | |
| Total liabilities and stockholders deficit | 9,631,703 | 9,527,566 | 9,759,706 | |
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)