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Net loss
-$4,730,800
(-27.72%↓ Y/Y)
Revenues
$2,010,158
(14.80%↑ Y/Y)
Loss from operations
-$2,631,500
(-14.27%↓ Y/Y)
Total other income
(expense), net
-$2,099,300
(-49.83%↓ Y/Y)
Gross profit
$1,300,452
(10.79%↑ Y/Y)
Total cost of goods
sold
$709,706
(22.97%↑ Y/Y)
Total operating
expenses
$3,931,952
(13.09%↑ Y/Y)
Interest expense
$1,469,300
(4.87%↑ Y/Y)
Gain (loss) on
settlement of debt
-$630,000
Depreciation And
Amortization
$507,265
Cost Of Goods Sold
$202,441
General and
administrative
$2,737,329
(0.14%↑ Y/Y)
Research and development
(note 9)
$1,096,970
(89.44%↑ Y/Y)
Operating lease cost and
rent
$61,295
(5.91%↑ Y/Y)
Depreciation and
amortization
$36,358
(-65.78%↓ Y/Y)
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Income Statement
source: myfinsight.com
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)