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AITX on OTC

Artificial Intelligence Technology Solutions Inc.

Artificial Intelligence Technology Solutions Inc. is an American prepackaged software services company based in Reno.2 Its shares trade on OTC under the symbol AITX.2

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Last updated Oct 21, 2026.

Overview

$7.7MRevenue, fiscal 20263
-$14.5MNet income, fiscal 20263

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  • TickerAITX on OTC2
  • IndustryServices-Prepackaged Software2
  • HeadquartersReno, United States2
  • Incorporated inNV4
  • Business address10800 Galaxie Avenue, Ferndale, Mi 482204
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formProfit Corporation2
  • LEI549300NEXUPMXF1B3S262
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Vcorp Services, LLC, 89701 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E0461922014-72

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Revolution, or Industry 4.0). The physical security industry, in management’s view, is now in the first phase of that same transition.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

71.4%Gross margin3
-154.2%Operating margin3
-187.3%Net margin3
26.3%Revenue growth, 20263
-$9.4MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue29¢$2.2M
  • Research and development53¢$4.1M
  • Other costs18¢$1.4M

Out of $7.7M in revenue.3 The company lost money this year.

Financial statements

Revenue7891011123$7.7M in 2026+6654% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $114.7K$114.7K20192020: $260.8K$260.8K2020+127%2021: $360.9K$360.9K2021+38%2022: $1.4M$1.4M2022+301%2023: $1.3M$1.3M2023−8%2024: $2.2M$2.2M2024+67%2025: $6.1M$6.1M2025+175%2026: $7.7M$7.7M2026+26%
Gross profit7891011123$5.5M in 2026+4924% since 2019
0$2.0M$4.0M$6.0M2019: $110.1K$110.1K20192020: $177.0K$177.0K2020+61%2021: $262.7K$262.7K2021+48%2022: $974.2K$974.2K2022+271%2023: $653.9K$653.9K2023−33%2024: $565.8K$565.8K2024−13%2025: $3.7M$3.7M2025+562%2026: $5.5M$5.5M2026+48%
Operating income7891011123-$11.9M in 2026+250% since 2019
-$15.0M-$10.0M-$5.0M02019: -$3.4M-$3.4M20192020: -$1.8M-$1.8M2020−48%2021: -$3.0M-$3.0M2021+68%2022: -$13.4M-$13.4M2022+346%2023: -$12.7M-$12.7M2023−5%2024: -$14.0M-$14.0M2024+10%2025: -$13.9M-$13.9M2025−0%2026: -$11.9M-$11.9M2026−14%
Net income7891011123-$14.5M in 2026
-$80.0M-$60.0M-$40.0M-$20.0M0$20.0M2019: $16.1M$16.1M20192020: -$6.2M-$6.2M20202021: -$5.9M-$5.9M2021−5%2022: -$62.2M-$62.2M2022+954%2023: -$18.1M-$18.1M2023−71%2024: -$20.7M-$20.7M2024+14%2025: -$18.9M-$18.9M2025−9%2026: -$14.5M-$14.5M2026−23%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2026-02-282025-02-28
Revenues$7.7M$6.1M
Total Cost of Goods Sold$2.2M$2.4M
Gross Profit$5.5M$3.7M
Research and development (note 9)$4.1M$3.5M
General and administrative$12.9M$13.6M
Depreciation and amortization$141.1K$429.1K
Loss on disposal of fixed assets$22.3K
Operating lease cost and rent$251.9K$240.7K
Total operating expenses$17.5M$17.7M
Loss from operations-$11.9M-$13.9M
Interest expense-$6.0M-$5.5M
Gain on settlement of debt$3.4M$468.3K
Total other income (expense), net-$2.6M-$5.0M
Net Loss-$14.5M-$18.9M
Net loss per share - basic-$0.07-$0.16
Net loss per share - diluted-$0.07-$0.16
Weighted average common share outstanding - basic202.9M shares116.5M shares
Weighted average common share outstanding - diluted202.9M shares116.5M shares

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Corporate structure

Artificial Intelligence Technology Solutions Inc. sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Artificial Intelligence Technology Solutions Inc. Reno, Nevada, United States
    • Robotic Assistance Devices Group, Inc. Subsidiary · Nevada, United States
    • Robotic Assistance Devices Lanka (Private) Limited Subsidiary · Sri Lanka
    • Robotic Assistance Devices Mobile, Inc. Subsidiary · Nevada, United States
    • Robotic Assistance Devices Residential, Inc Subsidiary · Nevada, United States
    • Robotic Assistance Devices, Inc. Subsidiary · Nevada, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What Artificial Intelligence Technology Solutions Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$723.6K3 Feb 28, 2026$749.5K3 Feb 28, 2025−3.5%
Accumulated depreciation$540.4K3 Feb 28, 2026$491.2K3 Feb 28, 2025+10.0%
Property and equipment, net$183.2K3 Feb 28, 2026$258.3K3 Feb 28, 2025−29.1%
Operating-lease assets (leased space)$931.8K3 Feb 28, 2026$1.0M3 Feb 28, 2025−7.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.3M3 Feb 28, 2026$1.6M3 Feb 28, 2025−16.7%

Properties, in its own words

On March 10, 2021 the Company entered into a ten-year lease of a 29,316 square foot building located at 10800 Galaxie Avenue, Ferndale, Michigan 48220. The lease began on May 1, 2021. These premises are being used for offices, manufacturing and distribution. The annual rental cost for this facility is approximately $190,000, plus a proportionate share of operating expenses of approximately $28,000 annually.

Item 2 of the 10-K filed Jun 9, 2026.6

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Robotic Assistance Devices Group, Inc. Nevada5
  • Robotic Assistance Devices Lanka (Private) Limited Sri Lanka5
  • Robotic Assistance Devices Mobile, Inc. Nevada5
  • Robotic Assistance Devices Residential, Inc Nevada5
  • Robotic Assistance Devices, Inc. Nevada5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • ON THE MOVE SYSTEMS CORP.Aug 4, 2010 to Jul 16, 20184

Timeline

  1. Oct 14, 20268-K Other events16
  2. Oct 7, 20268-K Other events17
  3. Oct 6, 20268-K Other events18
  4. Oct 5, 20268-K Other events19
  5. Sep 30, 20268-K Other events20
  6. Sep 24, 20268-K Other events21
  7. Sep 23, 20268-K Other events22
  8. Sep 18, 20268-K Other events23
  9. Sep 16, 20268-K Other events24
  10. Sep 15, 20268-K Other events25
  11. Sep 14, 20268-K Other events26
  12. Sep 10, 20268-K Other events27

Calendar

When it reported results

  1. Jul 15, 2026Reported quarterly or annual results28
  2. Jun 9, 2026Reported quarterly or annual results29
  3. Apr 13, 2026Reported quarterly or annual results30
  4. Jan 15, 2026Reported quarterly or annual results31
  5. Nov 18, 2025Reported quarterly or annual results32
  6. Oct 15, 2025Reported quarterly or annual results33
  7. Oct 6, 2025Reported quarterly or annual results34
  8. Oct 6, 2025Reported quarterly or annual results35

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

532 filings to the SEC since October 2021: 8 annual reports, 16 quarterly reports, 426 major events, 82 other. The latest 20:

  1. Oct 15, 2026NT 10-Q EDGAR
  2. Oct 14, 20268-K EDGAR
  3. Oct 7, 20268-K EDGAR
  4. Oct 6, 20268-K EDGAR
  5. Oct 5, 20268-K EDGAR
  6. Sep 30, 20268-K EDGAR
  7. Sep 24, 20268-K EDGAR
  8. Sep 23, 20268-K EDGAR
  9. Sep 18, 20268-K EDGAR
  10. Sep 16, 20268-K EDGAR
  11. Sep 15, 20268-K EDGAR
  12. Sep 14, 20268-K EDGAR
  13. Sep 10, 20268-K EDGAR
  14. Sep 9, 20268-K EDGAR
  15. Sep 8, 20268-K EDGAR
  16. Sep 3, 20268-K EDGAR
  17. Sep 1, 20268-K EDGAR
  18. Aug 31, 20268-K EDGAR
  19. Aug 27, 20268-K EDGAR
  20. Aug 26, 20268-K EDGAR

The 532 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Markowski Investments4,000$420.0%New
Game Plan Financial Advisors, LLC500$50.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Artificial Intelligence Technology Solutions Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARArtificial Intelligence Technology Solutions Inc.1
  • CIK0001498148
  • Employer ID (EIN)27-23436036
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company6
  • Incorporated inNevada6
  • Fiscal year endsFebruary 281
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address10800 Galaxie Avenue, Ferndale, MI 482201
  • Phone(877) 787-62681
  • Shares outstanding432,030,200 as of Jul 13, 202615
  • Public float$15.8M as of Aug 31, 20256
  • AuditorL J Soldinger Associates, LLC, Deer Park, Illinois PCAOB ID 3186
  • On EDGAR sinceAug 4, 20101
  • Filings699 in all: 8-K (445), 10-Q (47), NT 10-Q (25), 10-Q/A (18), 10-K (16), DEF 14C (16), 10-K/A (15), PRE 14C (15)1
    All 30 form types

    EFFECT (14), UPLOAD (14), NT 10-K (11), CORRESP (10), 8-K/A (8), POS AM (8), S-1 (8), S-1/A (6), 424B5 (5), SC 13G (4), RW (2), S-3 (2), 10-KT (1), 424B3 (1), 8-A12G (1), AW (1), NT 10-Q/A (1), PRER14C (1), S-3/A (1), S-8 (1), SC 13G/A (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Jun 9, 2026
    Quarterly report (10-Q) Jul 14, 2026
    Latest 8-K (8-K) Oct 14, 2026

Risk factors and legal proceedings

The risks Artificial Intelligence Technology Solutions Inc. names in Item 1A of its 10-K filed Jun 9, 2026: 30 risks under these headings, as written.6

  • Forward-Looking Statement Categories
  • 1. Revenue and Financial Projections.
  • 2. Product Development and Commercialization.
  • 3. Market and Industry Characterizations.
  • 4. SARA Platform and Agentic AI.
  • 5. Management Estimates and Unaudited Financial Characterizations.
  • 6. International Expansion.
  • ADDITIONAL MATERIAL RISK FACTORS
  • I. FINANCIAL AND GOING CONCERN RISKS
  • Substantial Doubt About the Company’s Ability to Continue as a Going Concern.
  • The Company Requires Continued External Financing and May Be Unable to Obtain It on Acceptable Terms or at All.
  • The Company’s Common Stock Is Subject to Substantial Dilution Risk.
The other 21 risks
  • The Company Has a History of Net Losses and Cannot Assure Future Profitability.
  • Gross Margin Expectations May Not Be Achieved.
  • II. OPERATIONAL AND PRODUCT RISKS
  • ROAMEO Commercial Deployment and Production Ramp Involve Significant Execution Risk.
  • The Company’s Revenue Is Highly Concentrated and Dependent on Subscription Renewals.
  • The Company’s Hardware Manufacturing Operations Are Subject to Supply Chain, Capacity, and Quality Risks.
  • The RAD-R Residential Business Has Underperformed and Presents Ongoing Uncertainty.
  • New Product Introductions and RAD Europe Establishment Are Subject to Execution Risk.
  • III. TECHNOLOGY AND INTELLECTUAL PROPERTY RISKS
  • The Company’s AI and Autonomous Technology May Not Perform as Described or Expected.
  • The Company Relies on Trade Secrets and Confidentiality Protections Rather Than Patents and May Be Unable to Adequately Protect Its Intellectual Property.
  • Cybersecurity Incidents Could Compromise the Company’s Products, Customer Data, and Operations.
  • The SARA Platform May Not Achieve the Commercial Adoption Anticipated by RAD-G.
  • IV. MARKET, COMPETITIVE, AND REGULATORY RISKS
  • The Company Operates in a Competitive Market and Faces Competition from Larger, Better-Capitalized Companies.
  • Deployment of Autonomous Security Devices Is Subject to Evolving Legal, Regulatory, and Privacy Constraints.
  • Market Adoption of AI-Driven and Autonomous Security Solutions May Be Slower Than Management Anticipates.
  • Government and Municipal Markets Present Additional Regulatory and Procurement Risks.
  • V. MANAGEMENT, PERSONNEL, AND KEY PERSON RISKS
  • The Company Is Dependent on Key Personnel, Particularly Its Chief Executive Officer and Chief Technology Officer.
  • The Company’s Ability to Attract and Retain Qualified Technical, Sales, and Operational Personnel Is Critical.
  • The Company’s International Operations Introduce Additional Risks.
  • VI. SECURITIES AND INVESTOR RISKS
  • The Company’s Common Stock Trades on the OTC Pink Market and Is Subject to Significant Volatility and Liquidity Constraints.
  • Insider and Related-Party Transactions Represent Potential Conflicts of Interest.
  • The Company’s Prior and Ongoing Use of Variable-Price Equity Financing Creates Structural Dilution Risk.
  • General Disclaimer Applicable to All Risk Factors

Legal proceedings

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.

The opening of Item 3, Legal Proceedings.6

Sources

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    SEC EDGAROther events
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