Artificial Intelligence Technology Solutions Inc. (AITX) Form 10-Q — Oct 20, 2026
AITX filed its fiscal Q2 2026 10-Q reporting quarterly revenue of $1.99 million, up about 5% year over year, but a quarterly net loss of $6.84 million and a six-month net loss of $12.55 million versus a $3.83 million loss a year ago. The loss was driven by $2.48 million of interest expense, a $1.50 million derivative liability loss, and $893,510 of losses on debt settlements.
Key figures
- Revenue
- 1985604
- Guidance
- Management does not anticipate positive cash flow from operations in the near future; plans to raise funds via equity, debt, and revenue growth.
- Total Debt
- 37212329
- Total Assets
- 8856123
- Cash Position
- 220275
- Shares Outstanding
- 861808211
- Six month revenue
- 3816806
- Accumulated deficit
- 184084880
- Derivative liability
- 3890582
- Accrued interest current
- 12811856
- Negative working capital
- 55894870
- Six month revenue prior year
- 3743586
AI analysis
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