Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 6.80M | 6.13M | 2.23M | 1.33M | 1.45M | 360.89K |
Gross Profit | 3.85M | 3.75M | 1.10M | 653.88K | 974.18K | 262.72K |
EBITDA | -12.16M | -12.00M | -13.10M | -12.21M | -45.73M | -2.40M |
Net Income | -19.34M | -18.94M | -20.71M | -18.11M | -62.20M | -5.90M |
Balance Sheet | ||||||
Total Assets | 9.76M | 10.99M | 7.60M | 6.30M | 9.28M | 1.57M |
Cash, Cash Equivalents and Short-Term Investments | 324.85K | 865.98K | 105.93K | 939.76K | 4.65M | 1.04M |
Total Debt | 32.59M | 33.78M | 29.41M | 26.92M | 22.86M | 11.00M |
Total Liabilities | 60.27M | 60.92M | 47.80M | 38.14M | 30.26M | 16.11M |
Stockholders Equity | -50.51M | -49.93M | -40.20M | -31.84M | -20.98M | -14.54M |
Cash Flow | ||||||
Free Cash Flow | -12.49M | -12.23M | -12.97M | -12.84M | -14.97M | -3.11M |
Operating Cash Flow | -12.47M | -12.20M | -12.95M | -12.58M | -14.83M | -3.07M |
Investing Cash Flow | -67.96K | -79.97K | 4.19K | -308.40K | -129.20K | -40.62K |
Financing Cash Flow | 12.67M | 13.04M | 12.11M | 9.18M | 18.56M | 4.15M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
60 Neutral | $115.11M | -7.96 | -53.38% | ― | 4.65% | -79.75% | |
51 Neutral | $368.08M | -2.19 | -60.06% | ― | -9.11% | 58.95% | |
46 Neutral | $80.89M | -2.74 | 51.06% | ― | -73.87% | -115.50% | |
45 Neutral | $20.13M | ― | 40.95% | ― | 124.88% | 42.31% | |
43 Neutral | $73.85M | -0.11 | -122.95% | ― | 1.90% | 93.50% | |
41 Neutral | $30.10M | -1.56 | ― | ― | 154.52% | 47.31% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
On September 8, 2025, AITX announced the appointment of Stacy Stephens, former co-founder of Knightscope, as Senior Vice President of Sales for its subsidiary RAD-M. Stephens will lead sales initiatives for RAD-M’s mobile robotic solutions, including ROAMEO, RADDOG, and the forthcoming HERO robot. This strategic hire is expected to accelerate the deployment of RAD-M’s mobile robotics portfolio, marking a significant milestone in its growth as organizations increasingly adopt advanced mobile solutions for improved safety and cost efficiency.
On September 5, 2025, Artificial Intelligence Technology Solutions, Inc. announced the launch of its newly redesigned corporate website, aimed at improving investor and stakeholder access to company information. The updated platform features a modern design, faster performance, and advanced security, aligning with best practices for public companies and reinforcing AITX’s focus on transparency. This initiative reflects feedback from investors and aims to showcase the company’s vision and growth strategy in the AI-driven security sector. The new website is expected to enhance communication of AITX’s progress towards its long-term growth objectives and support engagement with stakeholders.
On September 4, 2025, AITX announced the extension of its commitment to avoid reverse stock splits through 2026, marking the fifth consecutive extension of this pledge. This decision, with exceptions for potential uplisting to NASDAQ or OTCQB, reflects the company’s strategic focus on maintaining shareholder value. AITX’s operations have been validated through a SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients. The company is poised for growth with a sales pipeline involving over 35 Fortune 500 companies, indicating strong potential for recurring revenue and market expansion.
On August 28, 2025, AITX announced that its subsidiary, RAD, surpassed 100 signed channel partners, marking a significant milestone in its growth strategy. This achievement highlights the growing interest in RAD’s AI solutions, such as the SARA and ROAMEO platforms, and reflects the company’s expanding market reach and increasing demand across multiple industries. RAD’s channel network growth is seen as a validation of its strategy and is expected to drive further momentum and recurring revenue growth, positioning the company as a leader in AI-powered security and safety technologies.
On August 26, 2025, Artificial Intelligence Technology Solutions, Inc. announced a significant contract with a leading logistics provider to deploy its full suite of RAD solutions across multiple locations. This deployment, which includes mobile security patrol robots and AI-powered monitoring platforms, is expected to enhance security and operational efficiency while reducing costs by up to 80%. The rollout is anticipated to generate substantial recurring revenue for AITX and solidify its position in the logistics sector, with potential for further expansion as more operators recognize the benefits of RAD’s ecosystem.
On August 25, 2025, Artificial Intelligence Technology Solutions, Inc. announced a strategic focus on the logistics sector through its subsidiary RAD, driven by positive client feedback for its security solutions, including ROAMEO Gen 4 and SARA. This initiative aims to address the logistics industry’s security and operational challenges, offering significant cost savings and efficiency improvements. RAD’s solutions, already deployed at 75 sites, provide continuous monitoring and incident escalation, reducing reliance on costly guard services. The company sees substantial growth potential in the logistics market, with RAD’s autonomous ecosystem offering a competitive edge.
On August 21, 2025, AITX’s CEO Steve Reinharz issued an op-ed to Reuters addressing public concerns about AI and job displacement. Reinharz emphasized the importance of embracing AI’s rapid advancements rather than fearing them, arguing that success will come to those who adapt quickly and leverage AI to enhance human potential. He highlighted that AI is a transformative force akin to electricity and the internet, urging businesses and consumers to actively participate in shaping the future rather than being passive observers. Reinharz’s message underscores the necessity for businesses to integrate intelligent automation to remain competitive, warning that inaction poses a greater threat than AI itself.
On August 19, 2025, AITX and its subsidiary RAD-G announced the development of a proprietary Vision-Language Model (VLM) for security applications. This in-house engineered model offers real-time generative AI for analyzing visual and textual data, providing security professionals with greater control and transparency than existing mass-market models. The VLM is designed for integration and licensing, allowing security providers to enhance situational awareness and streamline operations without additional costs. This development is expected to set a new standard in the security industry, offering flexible licensing arrangements and enabling organizations to tailor the technology to their specific needs.
On August 18, 2025, Artificial Intelligence Technology Solutions (AITX) announced advancements in its software development and product deployment, highlighting the impact of AI programming tools on operational efficiencies. The company is transitioning production of its RAD ROAMEO™ autonomous security vehicles to Detroit to enhance manufacturing capacity and is progressing with its SARA and RIO initiatives. These developments position AITX as a potential leader in AI-driven autonomous security, with expectations of increased media coverage and client deployments in the near future.
On August 13, 2025, Artificial Intelligence Technology Solutions, Inc. announced the expansion of ‘Bailey’s Promise,’ an initiative by its subsidiary Robotic Assistance Devices (RAD), to all K-12 schools across the United States. This program offers no-cost software licenses for AI firearm detection, aiming to enhance school safety by enabling real-time detection of visible firearms using existing cameras. The initiative has garnered significant interest from schools nationwide and media coverage, with over 50 education leaders representing more than 300 schools expressing interest. Named in memory of a school shooting victim, Bailey’s Promise seeks to eliminate financial barriers to deploying life-saving technology in educational institutions.
On August 12, 2025, AITX’s subsidiary RAD published a case study showcasing the successful implementation of its SARA platform at OneWatch, a monitoring center in Indiana. The study highlights SARA’s ability to reduce false alarms by 85% and triple response speed, significantly transforming OneWatch’s operations by automating remote video monitoring and improving efficiency. This deployment marks a shift in the remote monitoring industry, as it demonstrates the potential of AI to enhance operational efficiency and market competitiveness without increasing human resources. The success of SARA at OneWatch is expected to influence RAD’s network of dealers and operators, promoting the adoption of AI-driven solutions across the industry.
Artificial Intelligence Technology Solutions, Inc. announced on August 11, 2025, that it expects to achieve net profitability for Q2 FY 2026, ending August 31, 2025, primarily due to a significant one-time accounting gain from settling over $4.5 million in legacy debt for less than 10% of the balance owed. This strategic debt settlement strengthens the company’s balance sheet and follows strong operational results in Q1 FY 2026, with a 57% revenue increase and 80% gross profit rise compared to the previous year. The company is focused on accelerating growth and achieving sustainable operational profitability, with a potential sales pipeline involving over 35 Fortune 500 companies.
On August 7, 2025, Artificial Intelligence Technology Solutions, Inc. announced the launch of ‘Bailey’s Promise,’ a nationwide initiative by its subsidiary, Robotic Assistance Devices, Inc. (RAD), to provide firearm detection AI software to every K-12 school in the U.S. at no cost. The initiative aims to enhance school safety by upgrading existing surveillance systems to detect firearms in real-time, with minimal costs for onboarding and service. Named in honor of a school shooting victim, the program seeks to remove financial barriers and offers significant protective value, potentially saving lives by enabling rapid response to threats. The initiative is expected to have a substantial impact on school safety, leveraging existing infrastructure to provide immediate and scalable protection.
On July 31, 2025, Artificial Intelligence Technology Solutions announced that its subsidiary, Robotic Assistance Devices, Inc. (RAD), is increasing the production of its ROAMEO Gen 4 units from 10 to 50 to meet rising demand. This decision follows a successful nationwide demonstration tour that has significantly boosted interest in the autonomous outdoor mobile security patrol vehicle. The company anticipates that the deployment of these units could generate $3 million to $4 million in annual recurring revenue and plans to double production within three months. The ROAMEO Gen 4 is designed to perform complex security tasks autonomously, offering cost-effective alternatives to traditional security models. This strategic move positions RAD to expand its market share in the rapidly evolving physical security market.
On July 30, 2025, Artificial Intelligence Technology Solutions, Inc. and its subsidiary RAD released an analysis claiming their AI-powered firearm detection system could have altered the outcome of a shooting incident in Midtown Manhattan on July 28, 2025. The AI system reportedly identified a visible rifle before the suspect entered the building, suggesting that real-time detection could have prompted a faster response. The incident resulted in four fatalities, including an off-duty NYPD officer, and several injuries. The company emphasizes the potential of its technology to prevent such tragedies by enabling immediate action and alerts to security personnel and law enforcement.
On July 29, 2025, Artificial Intelligence Technology Solutions, Inc. announced upcoming enhancements to its RADCam security device, set for release on August 1. These upgrades include customizable AI response levels, simplified login options, and expanded availability on Amazon, reflecting the company’s commitment to innovation and accessibility. The improvements are expected to bolster RADCam’s role in both residential and commercial security markets, with potential applications in small businesses and enterprises, positioning it as a versatile tool for modern security needs.
On July 17, 2025, AITX announced the signing of a term sheet for a $5 million revolving credit facility with a well-established lender, following extensive due diligence. This facility, once finalized, will provide AITX with flexible growth capital, allowing it to build inventory without relying on stock sales, thereby avoiding dilution. The credit facility is expected to support AITX’s sales growth and strengthen its market position by enabling the company to convert existing sales opportunities into recurring revenue streams.
Artificial Intelligence Technology Solutions, Inc. reported a 57% increase in revenue and an 80% rise in gross profit for Q1 FY 2026 compared to the same period in the previous year. The company achieved these results through increased deployments of higher-value units and a growing base of recurring revenue. AITX also negotiated a favorable debt settlement, eliminating $4.79 million in debt, which is expected to contribute to net profitability in Q2 FY 2026. The company anticipates achieving operational positive cash flow by the end of Q3 FY 2026, driven by growing demand for its AI-driven solutions and operational efficiencies.
Artificial Intelligence Technology Solutions, Inc. announced an expected increase in recurring monthly revenue of $120,000 to $200,000 during the second quarter of fiscal year 2026, driven by new orders including seven RIO 360 solar-powered security towers from a top U.S. healthcare provider. This growth narrows the gap to operational profitability, anticipated in the third fiscal quarter of 2025, and highlights the company’s expanding presence in key sectors, reflecting client satisfaction and strategic adoption of RAD’s AI-powered solutions.
On July 1, 2025, Artificial Intelligence Technology Solutions, Inc. announced that its subsidiary, Robotic Assistance Devices, Inc. (RAD), will deploy a RIO 360 solar-powered security tower for a U.S. state agency’s high-security installation. This deployment follows two years of collaboration and testing, marking a strategic milestone for RAD, which could lead to further expansion across multiple sites. The successful completion of a SOC 2 Type 2 audit played a crucial role in securing this contract, highlighting RAD’s commitment to data protection and security compliance. The deployment underscores RAD’s capability to provide reliable, autonomous security solutions in challenging environments, potentially opening new growth channels and reinforcing its industry positioning.
On June 27, 2025, AITX launched a bold promotional campaign in Times Square to spotlight its advanced AI-based autonomous security robots, HERO and RADDOG LE2, as part of a creative visibility initiative. The campaign, featuring playful elements like missing dog posters and wanted signs, aims to generate public and media interest, leveraging social sharing and word of mouth to enhance the company’s profile in the security automation sector.
On June 18, 2025, AITX released insights from CEO Steve Reinharz on how AI will transform the security industry by 2026 and beyond. Reinharz predicts a shift towards AI-powered security solutions, with autonomous security becoming standard, AI-driven monitoring surpassing human capabilities, and security evolving to be predictive rather than reactive. Additionally, he anticipates the merging of physical and cybersecurity and a shift in security budgets from capital expenditures to subscription-based models. These trends indicate a major transformation in the security industry, with AI playing a central role in enhancing efficiency and reducing costs.
Artificial Intelligence Technology Solutions has entered into an Equity Financing Agreement with AIV Investments, LLC on June 16, 2025. This agreement allows for the potential sale of up to $30 million in common stock over a two-year period, with specific conditions and limitations. The arrangement is designed to provide financial flexibility and is subject to various conditions, including market conditions and trading prices, which will influence the actual sales of shares.
On June 17, 2025, AITX announced the restructuring and settlement of over $4.5 million in debt for less than 10% of the owed amount, resulting in a significant one-time gain for the quarter. This move is expected to help the company achieve net profitability for Q2 FY 2026, starting June 1, 2025. While the debt restructuring provides a temporary financial boost, AITX emphasizes that sustainable profitability will rely on revenue growth and operational improvements. The company’s efforts to strengthen its recurring revenue base and manage expenses are key to its long-term financial health.
On June 11, 2025, Artificial Intelligence Technology Solutions entered into an Equity Financing Agreement with GHS Investments, LLC, allowing for the potential sale of up to $30 million in common stock over a two-year period. This agreement provides the company with flexibility in managing its funding sources, as it can control the timing and amount of stock sales to GHS, subject to certain conditions and limitations. The agreement also includes a Registration Rights Agreement for the resale of securities.
On June 9, 2025, AITX announced a significant expansion into the logistics sector through a new national dealer partnership. This collaboration involves the deployment of RIO Mini solar-powered security trailers equipped with RAD’s SARA platform to a major logistics provider, highlighting the growing demand for AI-driven security solutions. The RIO Mini units are designed to provide autonomous, real-time security monitoring, offering logistics operators enhanced incident response and cost savings. This move positions RAD to further penetrate the logistics market and underscores the industry’s increasing need for advanced security measures.