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Artificial Intelligence Technology Solutions Inc. (AITX)

For the quarter ending 2025-05-31, AITX made $1,854,837 in revenue. -$4,594,018 in net income. Net profit margin of -247.68%.

Overview

Revenue
$1,854,837
Net Income
-$4,594,018
Net Profit Margin
-247.68%
Unit: Dollar
Revenue Breakdown
    • Revenues

Unit: Dollar
2025-05-31
2024-11-30
2024-08-31
Revenues1,854,837 - -
Depreciation And Amortization447,955 - -
Cost Of Goods Sold173,381 - -
Total cost of goods sold621,336 577,138 784,965
Revenue- 1,750,968 1,344,183
Gross profit1,233,501 1,173,830 559,218
Research and development (see note 10)1,087,619 579,045 677,410
Operating lease cost and rent58,219 57,875 62,967
General and administrative3,232,211 2,733,547 2,324,953
Depreciation and amortization34,121 106,261 107,762
Total operating expenses4,412,170 3,476,728 3,173,092
Loss from operations-3,178,669 -2,302,898 -2,613,874
(gain) loss on settlement of debt- - -6,520
Interest expense1,415,349 1,401,076 1,309,929
Total other income (expense), net-1,415,349 -1,401,076 -1,316,449
Net income (loss)-4,594,018 -3,703,974 -3,930,323
Net income (loss) per share - basic- - -
Net income (loss) per share - diluted- - -
Weighted average common share outstanding - basic15,517,671,159 12,161,286,427 11,181,863,976
Weighted average common share outstanding - diluted15,517,671,159 12,161,286,427 11,181,863,976
Unit: Dollar

Income Statement

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Net income (loss)-$4,594,018 Revenues$1,854,837 Total other income(expense), net-$1,415,349 Loss from operations-$3,178,669 Gross profit$1,233,501 Total cost of goodssold$621,336 Interest expense$1,415,349 Total operatingexpenses$4,412,170 Cost Of Goods Sold$173,381 Depreciation AndAmortization$447,955 Depreciation andamortization$34,121 General andadministrative$3,232,211 Operating lease cost andrent$58,219 Research and development(see note 10)$1,087,619