Every 10-Q that Artificial Intelligence Techno (AITX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AITX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AITX filings page.
Artificial Intelligence Technology Solutions Inc. amended its quarter ended May 31, 2026 report to correct prior disclosures about authorized common stock. Authorized common stock actually remained 27,500,000,000 shares (total capitalization 27,520,000,000) at quarter‑end and on July 10, 2026; the previously approved Authorized Share Decrease to 12,000,000,000 common shares became effective only on July 15, 2026 after Nevada filed the Certificate of Amendment. The company states the error was administrative, did not affect assets, liabilities, revenues, net loss, equity, or EPS, and does not require financial statement restatement, though disclosure controls were reassessed.
For the three months ended May 31, 2026, revenue was $1,831,202 (mostly device rentals), with a net loss of $5,715,838. Operating loss narrowed, but interest expense of $2,298,874 and a $707,600 loss on debt settlement deepened the bottom‑line loss. Cash was only $94,643, total assets $9.1M, versus total liabilities of $64.7M, producing a stockholders’ deficit of $56.1M and negative working capital of $41.9M. Net cash used in operations was $2.76M.
Management concludes there is substantial doubt about the company’s ability to continue as a going concern over the next twelve months. Loans payable total $35.7M, about 91% owed to companies controlled by one individual, plus a deferred variable payment obligation tied to revenues. An equity financing agreement permits sales of up to $10,000,000 of common stock over three years, all still available. As of July 13, 2026, 432,030,200 common shares were outstanding.
Artificial Intelligence Technology Solutions Inc. reported results for the three months ended May 31, 2026. Revenue was $1.83 million, slightly below $1.85 million a year earlier, with gross profit of $1.18 million. Operating expenses fell to $3.89 million from $4.41 million, narrowing the operating loss to $2.71 million.
Heavy financing costs drove a larger bottom-line loss: interest expense was $2.30 million and loss on settlement of debt $0.71 million, resulting in a net loss of $5.72 million versus $4.59 million. Cash used in operations was $2.76 million, ending cash was only $94,643, and loans payable totaled $35.72 million, 91% owed to entities controlled by one individual. Total liabilities of $64.72 million far exceed assets of $9.08 million, producing a stockholders’ deficit of $56.10 million and negative working capital of $41.89 million. Management states these conditions raise substantial doubt about the ability to continue as a going concern and is relying on continued debt support and an equity financing agreement allowing up to $10 million of future common stock sales.
Artificial Intelligence Technology Solutions Inc. (AITX) reported higher sales but continued losses for the quarter ended November 30, 2025. Revenue rose to $2,010,158 from $1,750,968 a year earlier, driven mainly by device rental activities, which generated most of the $5,753,744 in revenue for the nine-month period.
Despite a gross profit of $1,300,452 for the quarter, operating expenses of $3,931,952 and interest expense led to a quarterly net loss of $4,730,800, and a nine-month net loss of $8,561,753. Cash used in operations was $7,451,163 over nine months, leaving cash at $143,801 and total assets of $9,631,703 versus total liabilities of $58,334,636.
The company has an accumulated deficit of $165,088,555 and negative working capital of $14,023,829, and its auditors note “substantial doubt” about its ability to continue as a going concern. AITX is heavily reliant on debt financing, including $27,795,672 of loans payable, with about 96% owed to companies controlled by one individual, and is using large share issuances and an equity financing agreement of up to $30,000,000 (about $27,000,000 remaining) to fund operations. Common shares outstanding reached 25,287,280,437 as of January 12, 2026.
Artificial Intelligence Technology Solutions Inc. (AITX) reported results for the quarter ended August 31, 2025. Revenue was $1,888,749, up from $1,344,183 a year ago, driven mainly by device rentals of $1,695,471. Gross profit was $1,344,865, with operating expenses of $3,654,024, resulting in a loss from operations of $2,309,159.
Net income for the quarter was $763,064, primarily due to a $4,370,185 gain on settlement of debt, offset by $1,297,962 of interest expense. For the six months, revenue reached $3,743,586 and the net loss was $3,830,953. Cash used in operating activities was $5,400,554, and cash ended at $323,021. Total liabilities were $56,407,557 and stockholders’ deficit was $47,330,891, including accrued interest payable of $14,336,829, loans payable of $25,606,435 (non‑current), and a deferred variable payment obligation of $2,510,325 (current) and $2,525,000 (non‑current). One customer accounted for 47% of six‑month revenue. The company disclosed substantial doubt about its ability to continue as a going concern. As of August 31, 2025, 19,787,834,008 common shares were outstanding; 21,787,834,008 were outstanding as of October 15, 2025. An equity financing agreement allows purchases of up to $30,000,000 over two years, with $29,000,000 remaining.