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  4. [8-K] Artificial Intelligence Technology Solutions Inc. Reports Material Event

AITX flags going concern, $49M shareholder deficit

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Artificial Intelligence Technology Solutions Inc. (AITX) reported that its subsidiary Robotic Assistance Devices (RAD) will participate in the GSX 2026 security conference in Atlanta through an education session and product demonstrations hosted in partner booths operated by Circadian Risk and DSI Security Services.

The company also highlighted its business model of AI-driven security Solutions-as-a-Service and disclosed that RAD solutions are intended to deliver cost savings of 35%–80% versus traditional manned guarding. AITX reported fiscal year ended February 28, 2026 revenue of $7,745,336 and a loss from operations of $11,943,397, with auditors issuing a going concern qualification. As of that date, total liabilities were about $58 million, total assets about $9 million, and stockholders’ deficit about $49 million. The company stated cash on hand is not sufficient to fund operations without additional, likely dilutive, financing and that the GSX participation and demonstrations are not expected to have a material effect on results of operations.

Positive

  • None.

Negative

  • Going concern warning: auditors issued a going concern qualification, citing substantial doubt about AITX’s ability to continue as a going concern.
  • Significant operating loss: for the fiscal year ended February 28, 2026, AITX reported a loss from operations of $11,943,397.
  • Highly leveraged balance sheet: as of February 28, 2026, total liabilities were about $58 million versus total assets of about $9 million, resulting in a stockholders’ deficit of about $49 million.
  • Financing and dilution risk: cash on hand is not sufficient to fund operations for an extended period, and additional financing is expected to be dilutive to existing stockholders.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Revenue $7,745,336 For the fiscal year ended February 28, 2026
Loss from operations $11,943,397 For the fiscal year ended February 28, 2026
Total liabilities $58 million As of February 28, 2026
Total assets $9 million As of February 28, 2026
Stockholders’ deficit $49 million As of February 28, 2026
Estimated U.S. security and guarding services industry size Nearly $50 billion Third-party estimate cited by AITX
Target cost savings from RAD solutions 35%–80% Compared to traditional manned security and monitoring
going concern financial
"its auditors issued a going concern qualification expressing substantial doubt"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
Solutions-as-a-Service financial
"with its AI-driven Solutions-as-a-Service model"
agentic AI technical
"connects SARA's agentic AI to Circadian Risk's physical risk intelligence"
Agentic AI refers to computer systems that can make their own decisions and take actions without needing someone to tell them what to do each time. It's like giving a robot a degree of independence to solve problems or achieve goals on its own, which matters because it could change how we work and interact with technology in everyday life.
SOC 2 Type 2 regulatory
"completion of its SOC 2 Type 2 audit, reinforcing its credibility"
SOC 2 Type 2 is an independent audit that verifies a service provider’s operational controls for security, availability, processing integrity, confidentiality and privacy over a sustained period. Think of it as a multi-week inspection that checks not just that security measures exist but that they actually work day to day; for investors, a clean SOC 2 Type 2 report lowers the risk of data breaches, downtime and regulatory problems and signals stronger operational reliability.
stockholders' deficit financial
"resulting in a stockholders' deficit of approximately $49 million"
When a company's total liabilities exceed its total assets, the owner's equity becomes negative and is reported as a stockholders' deficit. It shows that, on paper, the business owes more than it owns — like a homeowner whose mortgage balance is larger than the home's market value. Investors watch this because it signals financial strain, higher risk of dilution or default, and can limit a company's ability to pay dividends, borrow, or grow.

FAQ

What event did AITX (AITX) announce regarding GSX 2026?
AITX announced that its subsidiary RAD will participate in GSX 2026 in Atlanta through an education session on AI-orchestrated security operations and product demonstrations of SARA Assess and ROSA units hosted in partner booths operated by Circadian Risk and DSI Security Services.

What were AITX (AITX)’s revenue and operating loss for fiscal year 2026?
For the fiscal year ended February 28, 2026, AITX reported revenue of $7,745,336 and a loss from operations of $11,943,397, and stated that it has not been profitable in any fiscal year of its operating history.

What is AITX (AITX)’s financial position as of February 28, 2026?
As of February 28, 2026, AITX reported total liabilities of about $58 million, total assets of about $9 million, and a stockholders’ deficit of about $49 million, reflecting a highly leveraged capital structure.

Did AITX (AITX) disclose a going concern issue?
Yes. AITX disclosed that its auditors issued a going concern qualification expressing substantial doubt about the company’s ability to continue as a going concern, given its losses, negative working capital and stockholders’ deficit.

How does AITX (AITX) expect to fund operations going forward?
AITX stated that cash on hand is not sufficient to fund operations for any extended period without additional financing, which may not be available on acceptable terms or at all and is expected to be dilutive to existing stockholders.

Will AITX’s GSX 2026 participation materially affect its results?
No. AITX explicitly stated that the participation and demonstrations described in the release are not expected to have a material effect on the company’s results of operations, and that no revenue has been recognized in connection with them.

How large is the industry AITX (AITX) targets compared to its revenue?
AITX cited third-party estimates placing the U.S. security and guarding services industry at nearly $50 billion. For the fiscal year ended February 28, 2026, AITX’s revenue was $7,745,336, substantially less than one percent of that estimate.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 2026-09-01 0001498148 Artificial Intelligence Technology Solutions, Inc. 0001498148 2026-09-01 2026-09-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 1, 2026

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

Nevada 000-55079 27-2343603
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

10800 Galaxie Avenue
 Ferndale, Michigan, United States 48220
 (Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (877) 787-6268

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
N/A   N/A   N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

When used in this Current Report on Form 8-K, unless otherwise indicated, the terms the "Company," "our," or "we" refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.

Item 8.01 Other Events

On September 1, 2026, we will be issuing a press release titled "AITX's RAD to Reach GSX 2026 Attendees from Three Points on the Show Floor", which press release is attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1) is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained herein.

ITEM 9.01. EXHIBITS

Exhibit No.   Description
     
99.1   September 1, 2026 Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 1, 2026 ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
     
    /s/ Steven Reinharz
  Name: Steven Reinharz
  Title: Chief Executive Officer

Exhibit 99.1

AITX's RAD to Reach GSX 2026 Attendees from Three Points on the Show Floor

GSX 26 Presence Include Education Session on AI-Orchestrated Operations, SARA Assess
at Circadian Risk Booth 1747, ROSA at DSI Security Services Booth 2612

Detroit, Michigan, September 1, 2026 -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCID:AITX), a developer and operator of AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that RAD will participate in Global Security Exchange (GSX) 2026, taking place September 14 through 16 at the Georgia World Congress Center in Atlanta, through a session in the show's education program and product demonstrations hosted in two partner booths.

Artist’s depiction of RAD’s GSX 2026 presence across the show floor.

Steve Reinharz, CEO/CTO and founder of AITX and RAD, and Darlnita Derico, Manager, RVM Client Success at RAD, will present "Operator 2.0: Staffing and Skills for AI-Orchestrated Security Operations" on Tuesday, September 15 at 2:45 PM ET in room B306. The session examines how the security operator role changes when AI handles first-pass detection and engagement, covering oversight, approvals, escalation triggers and exception handling; the skill gaps and training paths those responsibilities create; and how staffing, handoffs and performance measurement can be redesigned around exceptions and outcomes rather than headcount and hours.

"We're taking the education stage, a SARA demonstration in Circadian Risk's booth, and a ROSA™ running in DSI's booth. Our onsite team and partners are looking forward to engaging with attendees on our mobile patrol vehicle ROAMEO™, our stationary solutions lead by ROSA and RIO™," said Steve Reinharz, CEO/CTO and founder of AITX and RAD. "Hardware, software, integration with partners, there is so much going on, come see it all at GSX."

RAD team members will also be on hand at two partner locations on the show floor. Circadian Risk will demonstrate SARA™ Assess in booth 1747, the jointly developed solution that connects SARA's agentic AI to Circadian Risk's physical risk intelligence platform to verify connected security controls and initiate corrective action. DSI Security Services will showcase a ROSA stationary security unit in booth 2612. RAD is not exhibiting under its own booth at GSX 2026.


RAD's presence at GSX 2026 reflects how its solutions reach the market. The Company's agentic AI operates inside monitoring platforms, risk intelligence systems and dealer operations that customers already run, which means RAD technology reaches some end users through partners as well as directly. Circadian Risk and DSI Security Services are demonstrating that model on the show floor, while the education session addresses what changes for the people who operate these systems once AI is doing the first pass.

Security leaders attending GSX 2026 are invited to attend the Operator 2.0 session on Tuesday, September 15, and to visit Circadian Risk in booth 1747 to see RAD solutions in operation and meet with RAD team members on site. Attendees who would like to arrange time with the RAD team during the show can request a meeting.

About Artificial Intelligence Technology Solutions, Inc. (AITX)

AITX is a developer and provider of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and drive operational efficiency. Through its family of companies, including PURSUON, Inc. (formerly RAD-M), Robotic Assistance Devices, Inc. (RAD-I), Robotic Assistance Devices Residential (RAD-R), Robotic Assistance Devices Group (RAD-G), and Robotic Assistance Devices Lanka (Private) Limited (RAD Lanka), AITX develops and delivers a broad range of AI-driven technologies and services designed to transform security, automation, and operational workflows across multiple industries.

Through its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion U.S. security and guarding services industry1 with its AI-driven Solutions-as-a-Service model. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring, utilizing a suite of stationary and mobile autonomous systems that complement, and in many cases replace, human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.

All of RAD's solutions are designed to integrate with leading industry platforms and workflows, including an integration with Immix®, a provider of central station and remote monitoring software.

The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients that require rigorous data protection and compliance standards.

AITX is led by Steve Reinharz, CEO/CTO and founder of the Company and all subsidiaries, who brings decades of experience in the security services industry. The broader AITX leadership and its subsidiaries draw on deep expertise across security, law enforcement, and robotics innovation, supporting the Company's ability to deliver practical and scalable solutions.

The Company's solutions are deployed across a wide range of industries including enterprises, government, transportation, critical infrastructure, education, and healthcare.

To learn more, visit www.aitx.ai, www.radsecurity.com, www.pursuon.com, www.radgroup.ai, www.saramonitoring.ai, www.radlightmyway.com, and www.stevereinharz.com, or follow Steve Reinharz on X @SteveReinharz. Information contained on, or accessible through, the foregoing websites and social media accounts is not incorporated by reference into, and does not form a part of, this press release or any of the Company's filings with the Securities and Exchange Commission.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements, including statements regarding RAD's planned participation in GSX 2026, the anticipated content and timing of the education session described above, the planned demonstrations by Circadian Risk and DSI Security Services, the described capabilities, functionality and availability of SARA Assess, expected customer cost savings, third-party estimates of the size of the industry in which the Company operates, statements regarding the Company's partner and channel relationships, and the statements attributed to the Company's officers, which are statements of present belief and opinion as of the date of this release. Forward-looking statements are based on management's current expectations and assumptions and are subject to significant risks and uncertainties that could cause actual results to differ materially, including, among others: the risk that the education session or either partner demonstration does not occur as described, or is changed, reduced, relocated or cancelled; the risk that products demonstrated do not perform as described, or are not generally available on the expected timeline; the risk that the Company's partner relationships do not result in orders, revenue or continued cooperation, and may be terminated; the risk that cost savings cited by the Company are not achieved by any particular customer; customer concentration; the risk that third-party estimates of industry size are inaccurate or are not indicative of any opportunity available to the Company; the Company's history of losses, negative working capital and stockholders' deficit, and the substantial doubt regarding its ability to continue as a going concern; the Company's dependence on variable-price equity and debt financing and the resulting dilution to stockholders; the Company's ability to fund its operations and scale production; and the other risks described in the Company's most recent Annual Report on Form 10-K and its subsequent filings with the Securities and Exchange Commission, available at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company. The Company does not qualify for the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.

With respect to the statement above that through its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion U.S. security and guarding services industry, the Company's revenue for the fiscal year ended February 28, 2026 was $7,745,336, representing substantially less than one percent of that estimate. The size of the industry is not an indication of the revenue the Company has generated or expects to generate.

CERTAIN INFORMATION REGARDING THE COMPANY'S FINANCIAL CONDITION

The information in this press release should be read together with the following. The Company has not been profitable in any fiscal year of its operating history. For the fiscal year ended February 28, 2026, the Company reported revenue of $7,745,336 and a loss from operations of $11,943,397, and its auditors issued a going concern qualification expressing substantial doubt about the Company's ability to continue as a going concern. As of February 28, 2026, total liabilities were approximately $58 million against total assets of approximately $9 million, resulting in a stockholders' deficit of approximately $49 million. The Company's cash on hand is not sufficient to fund operations for any extended period without additional financing, which may not be available on acceptable terms or at all and which is expected to be dilutive to existing stockholders. The participation and demonstrations described in this release are not expected to have a material effect on the Company's results of operations, and no revenue has been recognized in connection with them. Investors should review the Company's Annual Report on Form 10-K for the fiscal year ended February 28, 2026 and its subsequent filings with the Securities and Exchange Commission, available at www.sec.gov, for a complete description of these matters.

###

Doug Clemons, Chief Marketing Officer
248-270-8273
doug.c@radsecurity.com

_________________________
1 https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/

Source: View Original Filing on SEC EDGAR

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