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Device rental
activities
$6,920,336
Direct sales of goods
and services
$825,000
Net loss
-$14,510,251
Revenues
$7,745,336
Loss from operations
-$11,943,397
Total other income
(expense), net
-$2,566,854
Gross profit
$5,533,700
Gain on settlement of
debt
$3,434,685
Total cost of goods
sold
$2,211,636
Total operating
expenses
$17,477,097
Interest expense
$6,001,539
Depreciation And
Amortization
$1,981,679
Cost Of Goods Sold
$159,020
Loss On Disposal Of
Revenue Earning Devices
$70,937
General and
administrative
$12,933,696
Research and development
(note 9)
$4,128,155
Operating lease cost and
rent
$251,883
Depreciation and
amortization
$141,051
Loss on disposal of
fixed assets
-$22,312
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Income Statement
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)
source: myfinsight.com