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Income Statement
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)
source: myfinsight.com
Device rental
activities
$1,613,095
(-0.87%↓ Y/Y)
Direct sales of goods
and services
$218,107
(-4.15%↓ Y/Y)
Net loss
-$5,715,838
(-24.42%↓ Y/Y)
Revenues
$1,831,202
(12.53%↑ Y/Y)
Total other expense,
net
-$3,006,474
(-112.42%↓ Y/Y)
Loss from operations
-$2,709,364
(14.76%↑ Y/Y)
Gross profit
$1,183,824
(-4.03%↓ Y/Y)
Total cost of goods
sold
$647,378
(4.19%↑ Y/Y)
Interest expense
$2,298,874
(62.42%↑ Y/Y)
Loss on settlement of
debt
-$707,600
Total operating
expenses
$3,893,188
(-11.76%↓ Y/Y)
Depreciation And
Amortization
$513,195
(14.56%↑ Y/Y)
Cost Of Goods Sold
$134,183
(-22.61%↓ Y/Y)
General and
administrative
$2,907,577
(-10.04%↓ Y/Y)
Research and development
(see note 10)
$885,593
(-18.58%↓ Y/Y)
Operating lease cost and
rent
$67,372
(15.72%↑ Y/Y)
Depreciation and
amortization
$32,646
(-4.32%↓ Y/Y)
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