| Income Statement | 2025-08-31 | 2025-05-31 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|
| Revenues | 1,888,749 | 1,854,837 | 1,750,968 | 1,344,183 |
| Cost Of Goods Sold | 50,664 | 173,381 | - | - |
| Depreciation And Amortization | 493,220 | 447,955 | - | - |
| Cost of goods sold | 543,884 | 621,336 | 577,138 | 784,965 |
| Gross profit | 1,344,865 | 1,233,501 | 1,173,830 | 559,218 |
| Research and development (note 10) | 919,714 | 1,087,619 | 579,045 | 677,410 |
| General and administrative | 2,634,832 | 3,232,211 | 2,733,547 | 2,324,953 |
| Depreciation and amortization | 36,900 | 34,121 | 106,261 | 107,762 |
| Operating lease cost and rent | 62,578 | 58,219 | 57,875 | 62,967 |
| Total operating expenses | 3,654,024 | 4,412,170 | 3,476,728 | 3,173,092 |
| Loss from operations | -2,309,159 | -3,178,669 | -2,302,898 | -2,613,874 |
| (gain) loss on settlement of debt | - | - | - | -6,520 |
| Interest expense | 1,297,962 | 1,415,349 | 1,401,076 | 1,309,929 |
| Gain (loss) on settlement of debt | 4,370,185 | - | - | - |
| Total other income (expense) net | 3,072,223 | -1,415,349 | -1,401,076 | -1,316,449 |
| Net income (loss) | 763,064 | -4,594,018 | -3,703,974 | -3,930,323 |
| Net income (loss) per share - basic | 0 | 0 | 0 | 0 |
| Net income (loss) per share - diluted | 0 | 0 | 0 | 0 |
| Weighted average common share outstanding - basic | 18,469,442,118 | 15,517,671,159 | 12,161,286,427 | 11,181,863,976 |
| Weighted average common share outstanding - diluted | 18,469,442,118 | 15,517,671,159 | 12,161,286,427 | 11,181,863,976 |
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)