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ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.: 10-Q filed 2022-01-19

What ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. reported in its quarterly report filed 2022-01-19 (fiscal Q3 2022): 36 published measures, 115 facts as tagged in accession 0001161697-22-000056.

This filing

Form
10-Q (quarterly report)
Filed
2022-01-19
Fiscal period
fiscal Q3 2022
Accession
0001161697-22-000056 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-11-309,274,767USD
At 2021-02-281,567,353USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-11-3025,374,220USD
At 2021-02-2816,111,040USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-11-30-16,099,453USD
At 2021-08-31-18,259,797USD
At 2021-05-31-19,347,870USD
At 2021-02-28-14,543,687USD
At 2020-11-30-18,621,255USD
At 2020-08-31-24,351,036USD
At 2020-05-31-18,803,974USD
At 2020-02-29-21,106,405USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-11-304,103,864USD
At 2021-02-281,044,418USD
At 2020-11-30249,297USD
At 2020-02-2913,307USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2021-09-01 to 2021-11-30-7,094,442USD91
2021-03-01 to 2021-11-30-47,831,733USD275
2021-06-01 to 2021-08-31-4,832,373USD92
2021-03-01 to 2021-05-31-35,904,918USD92
2020-09-01 to 2020-11-303,408,305USD91
2020-03-01 to 2020-11-30-3,634,660USD275
2020-06-01 to 2020-08-31-9,018,241USD92
2020-03-01 to 2020-05-311,975,276USD92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2021-03-01 to 2021-11-30-10,434,762USD275
2020-03-01 to 2020-11-30-1,446,075USD275

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2021-09-01 to 2021-11-30373,897USD91
2021-03-01 to 2021-11-301,075,803USD275
2020-09-01 to 2020-11-30119,700USD91
2020-03-01 to 2020-11-30259,103USD275

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-03-01 to 2021-11-3013,540,949USD275
2020-03-01 to 2020-11-301,758,642USD275

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2021-03-01 to 2021-11-30-46,741USD275
2020-03-01 to 2020-11-30-76,577USD275

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-11-30-79,778,503USD
At 2021-02-28-31,521,754USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-09-01 to 2021-11-304,183,357,145shares91
2021-03-01 to 2021-11-304,162,382,783shares275
2020-09-01 to 2020-11-30679,536,441shares91
2020-03-01 to 2020-11-30470,273,731shares275

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2021-09-01 to 2021-11-300USD/shares91
2021-03-01 to 2021-11-30-0.01USD/shares275
2020-09-01 to 2020-11-300USD/shares91
2020-03-01 to 2020-11-300USD/shares275

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2021-09-01 to 2021-11-300USD/shares91
2021-03-01 to 2021-11-30-0.01USD/shares275
2020-09-01 to 2020-11-300USD/shares91
2020-03-01 to 2020-11-300USD/shares275

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2021-11-3067,077USD
At 2021-02-2834,994USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2021-09-01 to 2021-11-300USD91
2021-03-01 to 2021-11-302,158,050USD275
2021-03-01 to 2021-05-3169,350USD92
2020-09-01 to 2020-11-300USD91
2020-03-01 to 2020-11-30362,084USD275

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2021-09-01 to 2021-11-30-4,887,527USD91
2021-03-01 to 2021-11-30-10,323,445USD275
2020-09-01 to 2020-11-30-900,074USD91
2020-03-01 to 2020-11-30-1,906,703USD275

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2021-11-307,120,096USD
At 2021-02-281,207,033USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2021-09-01 to 2021-11-302,050,254USD91
2021-03-01 to 2021-11-304,812,477USD275
2020-09-01 to 2020-11-301,076,275USD91
2020-03-01 to 2020-11-302,785,317USD275

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-11-307,418,470USD
At 2021-02-284,410,710USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-11-30281,007USD
At 2021-02-2898,544USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2021-09-01 to 2021-11-305,118,000USD91
2021-03-01 to 2021-11-3011,102,944USD275
2020-09-01 to 2020-11-30995,092USD91
2020-03-01 to 2020-11-302,095,823USD275

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-11-301,336,065USD
At 2021-02-2864,071USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-09-01 to 2021-11-30230,473USD91
2021-03-01 to 2021-11-30779,499USD275
2020-09-01 to 2020-11-3095,018USD91
2020-03-01 to 2020-11-30189,120USD275

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2021-09-01 to 2021-11-30143,424USD91
2021-03-01 to 2021-11-30296,304USD275
2020-09-01 to 2020-11-3024,682USD91
2020-03-01 to 2020-11-3069,983USD275

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2021-09-01 to 2021-11-30982,446USD91
2021-03-01 to 2021-11-302,316,383USD275
2020-09-01 to 2020-11-3020,624USD91
2020-03-01 to 2020-11-30211,025USD275

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2021-11-304,435,210,360shares
At 2021-02-283,229,426,884shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2021-11-3063,529,729USD
At 2021-02-2816,764,554USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2021-11-301,330,563USD
At 2021-02-2847,753USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2021-11-30106,058USD
At 2021-02-28102,107USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2021-11-3038,981USD
At 2021-02-2867,113USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-11-3010,000USD
At 2021-02-2810,500USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2021-09-01 to 2021-11-303,964,512USD91
2021-03-01 to 2021-11-308,455,224USD275
2020-09-01 to 2020-11-30941,323USD91
2020-03-01 to 2020-11-301,780,824USD275

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2021-09-01 to 2021-11-3067,927USD91
2021-03-01 to 2021-11-30153,261USD275
2020-09-01 to 2020-11-3030,145USD91
2020-03-01 to 2020-11-3088,621USD275

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2021-09-01 to 2021-11-30-2,206,915USD91
2021-03-01 to 2021-11-30-37,508,288USD275
2020-09-01 to 2020-11-304,308,379USD91
2020-03-01 to 2020-11-30-1,727,957USD275

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2021-03-01 to 2021-11-30165,163USD275
2020-03-01 to 2020-11-302,630USD275

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2021-03-01 to 2021-11-30289,485USD275
2020-03-01 to 2020-11-3061,142USD275

Inspect the source

Entity
ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. / CIK 0001498148
Captured
2026-09-20T09:11:08.351Z
SEC response SHA-256
7ea8124c27416ed5b3283882da227b604d20653c4e0f3e396c0449de1a2eded5

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001498148.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))