Artificial Intelligence Technology Solutions, Inc. (AITX) reported early progress on its cost reduction plan aimed at improving cash flow. Selected operating cash payments fell by approximately $141,500, or 14%, in August 2026 to about $900,400 from roughly $1.042 million in July.
The plan targets reducing monthly cash SG&A expenditures by about $200,000 by December 31, 2026, equivalent to roughly $2.4 million on an annualized run-rate basis, with the objective of reaching positive monthly cash flow from operations by calendar year-end. Management emphasizes these figures are preliminary, unaudited internal data and highlights significant risks, including a history of losses, negative working capital, a going concern qualification, dependence on external financing, and potential dilution to existing stockholders.
Artificial Intelligence Technology Solutions, Inc. (AITX) filed a report furnishing a press release summarizing CEO/CTO Steve Reinharz’s September 2, 2026 investor “Ask Me Anything” session. He described PURSUON, Inc. as AITX’s wholly owned autonomous mobile security vehicle business and said ROAMEO demand is not the main constraint; capital and manufacturing throughput are. AITX has placed deposits on long‑lead components for 20 additional ROAMEO units and is targeting approximately $200,000 per month of added recurring monthly revenue by December 2026, alongside about $200,000 per month of cost reductions announced August 3, 2026, to pursue “positive operational cash flow.” Reinharz reaffirmed a goal of 50 ROAMEO units deployed by August 2027, while emphasizing these are goals, not guarantees, and depend on additional capital. He acknowledged a previously expected positive operational cash flow milestone in August 2026 was missed due to lower‑than‑forecast sales, and highlighted risks including substantial doubt about AITX’s ability to continue as a going concern, recurring losses, dilution from variable‑price financings and penny‑stock trading on OTC Pink.
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.
Artificial Intelligence Technology Solutions Inc. (AITX) reported that its subsidiary Robotic Assistance Devices received orders for 32 hardware units in August 2026, including 20 ROSA, 8 RIO, 2 AVA, 1 TOM and 1 ROAMEO autonomous security vehicle. No revenue has been recognized for these orders, they are not backlog and remain subject to cancellation and other conditions, and the company states they are not material to results of operations.
The company highlights a strategy of building diversified orders across products, channels and sectors to pursue positive monthly operating cash flow, but also discloses significant financial strain. For the fiscal year ended February 28, 2026, AITX generated $7.7 million in revenue and a $11.9 million loss from operations, with auditors issuing a going concern qualification. As of that date, total liabilities were approximately $58 million versus $9 million in assets, resulting in a $49 million stockholders’ deficit, and cash on hand is not sufficient to fund operations for an extended period without additional, likely dilutive, financing.
Artificial Intelligence Technology Solutions Inc. (AITX) reported that its subsidiary Robotic Assistance Devices (RAD) recorded orders for 14 units (11 ROSA, two RIO, one TOM) in a single 24-hour period across five customers and multiple market sectors. If all units are deployed and placed into service under current terms, these orders are estimated to generate about $150,000 in annualized recurring revenue to RAD, net of channel-partner margin, though AITX states these orders are not material to its overall results.
The company highlights its AI-driven Solutions-as-a-Service model targeting the nearly $50 billion U.S. security and guarding services industry, with claimed customer cost savings of 35%–80% versus traditional guarding. It notes completion of a SOC 2 Type 2 audit for its operations and internal controls.
AITX also discloses challenging financial conditions. For the fiscal year ended February 28, 2026, it reported $7,745,336 in revenue and a $11,943,397 loss from operations. As of that date, total liabilities were about $58 million and total assets about $9 million, resulting in a stockholders’ deficit of roughly $49 million. Auditors issued a going-concern qualification, and the company states its cash on hand is insufficient to fund operations for an extended period without additional, likely dilutive, financing.
Artificial Intelligence Technology Solutions Inc. (AITX) filed a current report highlighting a press release about an upcoming Ask Me Anything (AMA) session focused on PURSUON, Inc., its wholly owned autonomous mobile security subsidiary (formerly RAD-M). CEO/CTO and founder Steve Reinharz will host a 30–60 minute AMA on the AITX YouTube channel on September 2, 2026, at 4:00 p.m. ET to discuss PURSUON’s strategy, relationship to sister subsidiary RAD, and the ROAMEO autonomous security vehicle.
The disclosure reiterates that AITX targets the nearly $50 billion U.S. security and guarding services industry via an AI-driven Solutions-as-a-Service model, aiming to deliver security cost savings of 35%–80% versus traditional manned guarding. It notes that all AI analytics and software are developed in-house and that operations and internal controls have completed a SOC 2 Type 2 audit, supporting credibility with enterprise and government clients. The forward-looking statement section emphasizes substantial doubt about AITX’s ability to continue as a going concern, recurring net losses, negative working capital, reliance on external financing, execution risk in ramping ROAMEO production, dependence on Steven Reinharz, substantial ongoing dilution from variable-price financing and debt conversions, and limited liquidity and volatility of its OTC Pink “penny stock.”
Artificial Intelligence Technology Solutions Inc. (AITX) announced operational targets for its PURSUON ROAMEO autonomous security patrol vehicles. Based on current client agreements and its production schedule, AITX expects seven revenue-generating ROAMEO units to be in service by the end of calendar 2026.
The company has set an internal goal of 50 cumulative ROAMEO units deployed by August 2027 and has placed deposits on long-lead components for the planned production of an additional 20 ROAMEO units. Management emphasizes these are estimates dependent on customer readiness, component availability and the company’s ability to raise substantial additional capital. AITX reiterates that it has not achieved profitability, faces substantial doubt about its ability to continue as a going concern, and expects any required capital raises to be dilutive to existing shareholders.
Artificial Intelligence Technology Solutions Inc. (AITX) reports that its wholly owned subsidiary Robotic Assistance Devices Mobile, Inc. (RAD-M) has been renamed PURSUON Inc., effective via articles of amendment filed with the Nevada Secretary of State on August 21, 2026. The change is a rebranding only and does not create a new entity, alter AITX’s ownership of the subsidiary, change the Company’s capital structure, or involve the issuance of any securities.
PURSUON will house the team developing ROAMEO, AITX’s autonomous mobile security vehicle, which is already operating in enterprise environments with additional units in transit and under contract across logistics, healthcare and other commercial settings. ROAMEO will retain its product name and continue to be distributed exclusively through Robotic Assistance Devices, Inc. (RAD-I). AITX highlights that its AI-driven Solutions-as-a-Service model targets the nearly $50 billion U.S. security and guarding services market with cost savings of 35%–80% versus traditional manned security.
Artificial Intelligence Technology Solutions, Inc. (AITX) reported that its subsidiary Robotic Assistance Devices (RAD) received a third order from a regional property management firm serving multifamily residential communities in the Midwest. The new order covers five ROSA stationary security units, bringing the client’s total ROSA orders to nine units following earlier unannounced orders in December 2025 and June 2026. The five additional units are expected to be deployed in the coming weeks alongside four units already in service and are intended to address trespassing, loitering, vandalism and theft while supporting resident and asset protection. ROSA integrates AI-driven detection, license plate recognition, digital signage, audio messaging, two-way communication and, since May 1, 2026, the SARA autonomous engagement platform. AITX highlights its AI-based, Solutions-as-a-Service security model, which it states is designed to deliver 35%–80% cost savings versus traditional manned guarding in a security services market it cites as nearly $50 billion in the U.S.
Artificial Intelligence Technology Solutions, Inc. (AITX) reported that its subsidiary Robotic Assistance Devices (RAD) received a follow-up order for three ROSA stationary security units from a recently signed national dealer ranked among the top 10 security services providers in the United States. This is the dealer’s second RAD order, following an initial order announced on August 5, 2026, and is described as signaling rapid momentum in the new relationship.
The three ROSA units are expected to be deployed over the next several weeks at a property operated by a publicly traded real estate investment trust, with identities of the dealer and end user withheld under nondisclosure agreements. AITX highlights ROSA as an AI-driven, multiple award-winning, rapidly deployable security and communication solution that now includes SARA as standard, and notes its broader strategy to address the nearly $50 billion U.S. security and guarding services industry through AI-based Solutions-as-a-Service.