The latest financial statement is for the quarter ending 2025-11-30.
| Cash Flow | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|
| Net loss | -4,730,800 | 763,065 | -4,594,018 |
| Deposit on right of use asset | - | 0 | 13,187 |
| Depreciation and amortization | 543,621 | 530,120 | 482,076 |
| Device parts inventory | - | 802,910 | 480,951 |
| Bad debts expense | 70,000 | 22,500 | 48,982 |
| Reduction of right of use asset | 35,776 | 34,944 | 33,865 |
| Accretion of lease liability | 25,516 | 26,350 | 27,428 |
| Stock based compensation | 80,355 | 80,355 | 80,355 |
| Amortization of debt discounts | 158,398 | 96,128 | 47,089 |
| Penalty added to face value of loan | 16,560 | - | - |
| Inventory provision | - | - | 0 |
| (gain) loss on settlement of debt | -630,000 | 4,370,185 | - |
| Increase in related party accrued payroll and interest | 41,044 | 61,875 | 5,700 |
| Accounts receivable | 444,801 | 60,025 | -424,655 |
| Prepaid expenses | 50,578 | -236,198 | -104,498 |
| Deposit on right of use asset | 13,187 | - | - |
| Device parts inventory | 1,718,797 | - | - |
| Accounts payable and accrued expenses | 610,237 | -50,178 | 524,109 |
| Deferred compensation for ceo | 194,547 | 241,770 | -1,246,687 |
| Customer deposits | 78,882 | -7,162 | -487 |
| Operating lease liabilities | -59,943 | -59,944 | -58,962 |
| Current portion of deferred variable payment obligation for payments | 327,211 | 307,780 | 301,287 |
| Accrued interest payable | 858,302 | 869,950 | 993,063 |
| Net cash used in operating activities | -2,050,609 | -2,079,369 | -3,321,185 |
| Purchase of fixed assets | 2,441 | 0 | 8,422 |
| Acquisition of trademarks | 0 | 700 | 1,298 |
| Proceeds on issuance of series b shares | - | - | 0 |
| Net cash used in investing activities | -2,441 | -700 | -9,720 |
| Share proceeds net of issuance costs | 857,504 | 1,522,572 | 2,839,777 |
| Proceeds from loans payable | 1,325,000 | 1,050,671 | 0 |
| Repayment of loans payable | 308,674 | 370,000 | 50,000 |
| Redemption of series b or series c preferred shares | 0 | 125,000 | 0 |
| Net cash provided by financing activities | 1,873,830 | 2,078,243 | 2,789,777 |
| Net change in cash | -179,220 | -1,826 | -541,128 |
| Cash and cash equivalents at beginning of period | 323,021 | 865,975 | - |
| Cash and cash equivalents at end of period | 143,801 | 323,021 | - |
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)