Artificial Intelligence Technology Solutions Inc. (AITXD) Financial Statements (2026 and earlier)

Company Profile

Business Address 10800 GALAXIE AVENUE
FERNDALE, MI 48220
State of Incorp. NV
Fiscal Year End February 28
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

11/30/2025
MRQ
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
2/29/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8661069404,6481,04413
Cash and cash equivalent8661069404,6481,04413
Receivables1,3677562654299950
Inventory, net of allowances, customer advances and progress billings1,5842,1321,6381,5316425
Inventory1,5842,1321,6381,5316425
Prepaid expense793623596442  
Other undisclosed current assets 419     
Total current assets:5,0293,6173,4397,0501,20788
Noncurrent Assets
Operating lease, right-of-use asset1,0111,1391,2081,33248 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization2582683161383516
Long-term investments and receivables10050    
Long-term investments10050    
Other undisclosed noncurrent assets4,5882,5231,334759278239
Total noncurrent assets:5,9573,9802,8582,229360255
TOTAL ASSETS:10,9867,5976,2979,2791,567344
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,1222,0331,3439691,3741,145
Interest and dividends payable✕✕✕✕  2,779
Taxes payable✕✕✕✕ 2392,779
Accrued liabilities   2,790   
Other undisclosed accounts payable and accrued liabilities2,1222,033(1,446)9691,135(4,413)
Deferred revenue927410101110
Debt51913,8819,9201,0101,1427,311
Deferred compensation liability2,203539    
Derivative instruments and hedges, liabilities    84446,891
Due to related parties✕✕✕ 90884656
Other undisclosed current liabilities2,6425,1894,7762,4615563,664
Total current liabilities:7,57721,71616,0504,5484,41119,677
Noncurrent Liabilities
Long-term debt and lease obligation31,92214,79915,55421,3678,87270
Long-term debt, excluding current maturities31,92214,79915,55420,3098,86870
Liabilities, other than long-term debt811889951   
Operating lease, liability8118899511,0584 
Other undisclosed noncurrent liabilities20,20510,3935,5863,2832,8251,703
Total noncurrent liabilities:52,93826,08122,09025,70811,7001,773
Total liabilities:60,51547,79638,14030,25516,11121,450
Equity
Equity, attributable to parent, including:(49,931)(40,200)(31,843)(20,976)(14,544)(21,106)
Common stock144925847320
Additional paid in capital106,31792,56680,24773,01616,7654,335
Accumulated deficit(156,497)(132,962)(112,254)(94,144)(31,522)(25,623)
Other undisclosed equity, attributable to parent105105105105181182
Other undisclosed equity402     
Total equity:(49,529)(40,200)(31,843)(20,976)(14,544)(21,106)
TOTAL LIABILITIES AND EQUITY:10,9867,5976,2979,2791,567344

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

11/30/2025
TTM
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
2/29/2020
Revenues6,1312,2281,3321,447361261
Cost of revenue(2,386)(1,131)(678)(473)(98)(84)
Cost of product and service sold(1,051)     
Gross profit:3,7451,096654974263177
Operating expenses(17,691)(15,086)(13,345)(14,346)(3,258)(1,960)
Operating loss:(13,947)(13,989)(12,691)(13,372)(2,995)(1,783)
Nonoperating expense(4,989)(6,719)(5,419)(48,826)(2,904)(4,431)
Interest and debt expense(52)(32)(5,426)(16,129)(3,380)(3,465)
Loss from continuing operations:(18,987)(20,741)(23,536)(78,327)(9,279)(9,679)
Loss before gain (loss) on sale of properties:✕✕✕✕(78,327)(9,279)(9,679)
Net loss:(18,987)(20,741)(23,536)(78,327)(9,279)(9,679)
Other undisclosed net income (loss) attributable to parent52325,42616,1293,3803,465
Net loss attributable to parent:(18,936)(20,709)(18,109)(62,197)(5,899)(6,214)
Preferred stock dividends and other adjustments      
Other undisclosed net loss available to common stockholders, basic(423)     
Net loss available to common stockholders, basic:(19,359)(20,709)(18,109)(62,197)(5,899)(6,214)
Interest on convertible debt   47251,6481,300
Other undisclosed net income (loss) available to common stockholders, diluted   (4)(372)1761,127
Net loss available to common stockholders, diluted:(19,359)(20,709)(18,066)(62,545)(4,075)(3,787)

Comprehensive Income ($ in thousands)
Annual | Quarterly

11/30/2025
TTM
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
2/29/2020
Net loss:(18,987)(20,741)(23,536)(78,327)(9,279)(9,679)
Comprehensive loss, net of tax, attributable to parent:(18,987)(20,741)(23,536)(78,327)(9,279)(9,679)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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