Financial insights of AITX

MyFinsight

Income Statement	2026-02-28
Revenues	7,745,336
Cost Of Goods Sold	159,020
Depreciation And Amortization	1,981,679
Loss On Disposal Of Revenue Earning Devices	70,937
Total cost of goods sold	2,211,636
Gross profit	5,533,700
Research and development (note 9)	4,128,155
General and administrative	12,933,696
Depreciation and amortization	141,051
Loss on disposal of fixed assets	-22,312
Operating lease cost and rent	251,883
Total operating expenses	17,477,097
Loss from operations	-11,943,397
Interest expense	6,001,539
Gain on settlement of debt	3,434,685
Total other income (expense), net	-2,566,854
Net loss	-14,510,251

Basic EPS	-0.07
Diluted EPS	-0.07
Basic Average Shares	202,908,578
Diluted Average Shares	202,908,578

Unit: Dollar.