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ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.: 10-Q filed 2023-10-12

What ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. reported in its quarterly report filed 2023-10-12 (fiscal Q2 2024): 35 published measures, 104 facts as tagged in accession 0001161697-23-000543.

This filing

Form
10-Q (quarterly report)
Filed
2023-10-12
Fiscal period
fiscal Q2 2024
Accession
0001161697-23-000543 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 2023-08-317,469,791USD
At 2023-02-286,296,858USD

Total liabilities

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

PeriodValueUnitDays
At 2023-08-3141,417,340USD
At 2023-02-2838,139,859USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-08-31-33,947,549USD
At 2023-05-31-34,079,117USD
At 2023-02-28-31,843,001USD
At 2022-08-31-28,722,046USD
At 2022-05-31-24,002,822USD
At 2022-02-28-20,976,357USD

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
2023-06-01 to 2023-08-31-4,759,728USD92
2023-03-01 to 2023-08-31-9,314,919USD184
2023-03-01 to 2023-05-31-4,555,193USD92
2022-06-01 to 2022-08-31-4,172,865USD92
2022-03-01 to 2022-08-31-8,844,551USD184
2022-03-01 to 2022-05-31-4,671,686USD92

Operating cash flow

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

PeriodValueUnitDays
2023-03-01 to 2023-08-31-6,335,216USD184
2022-03-01 to 2022-08-31-6,754,462USD184

Revenue

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

PeriodValueUnitDays
2023-06-01 to 2023-08-31386,363USD92
2023-03-01 to 2023-08-31771,571USD184
2022-06-01 to 2022-08-31267,484USD92
2022-03-01 to 2022-08-31652,641USD184

Financing cash flow

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

PeriodValueUnitDays
2023-03-01 to 2023-08-316,911,032USD184
2022-03-01 to 2022-08-312,676,586USD184

Investing cash flow

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

PeriodValueUnitDays
2023-03-01 to 2023-08-31-3,463USD184
2022-03-01 to 2022-08-31-207,197USD184

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-08-31-121,568,632USD
At 2023-02-28-112,253,711USD

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
2023-06-01 to 2023-08-316,568,957,612shares92
2023-03-01 to 2023-08-316,266,833,467shares184
2022-06-01 to 2022-08-314,970,040,852shares92
2022-03-01 to 2022-08-314,884,349,362shares184

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
2023-06-01 to 2023-08-310USD/shares92
2023-03-01 to 2023-08-310USD/shares184
2022-06-01 to 2022-08-310USD/shares92
2022-03-01 to 2022-08-310USD/shares184

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
2023-06-01 to 2023-08-310USD/shares92
2023-03-01 to 2023-08-310USD/shares184
2022-06-01 to 2022-08-310USD/shares92
2022-03-01 to 2022-08-310USD/shares184

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 2023-08-31328,591USD
At 2023-02-28315,888USD

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
2023-03-01 to 2023-08-31228,434USD184
2022-03-01 to 2022-08-31343,000USD184

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
2023-06-01 to 2023-08-31-3,045,252USD92
2023-03-01 to 2023-08-31-5,994,227USD184
2022-06-01 to 2022-08-31-3,178,432USD92
2022-03-01 to 2022-08-31-6,675,088USD184

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 2023-08-314,137,971USD
At 2023-02-283,438,992USD

Interest expense

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

PeriodValueUnitDays
2023-06-01 to 2023-08-311,753,216USD92
2023-03-01 to 2023-08-313,359,432USD184
2022-06-01 to 2022-08-311,002,020USD92
2022-03-01 to 2022-08-312,177,050USD184

Current liabilities

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

PeriodValueUnitDays
At 2023-08-3128,753,936USD
At 2023-02-2816,049,593USD

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 2023-08-31260,671USD
At 2023-02-28265,024USD

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
2023-06-01 to 2023-08-313,342,601USD92
2023-03-01 to 2023-08-316,585,273USD184
2022-06-01 to 2022-08-313,411,702USD92
2022-03-01 to 2022-08-316,999,791USD184

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 2023-08-311,689,930USD
At 2023-02-281,637,899USD

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
2023-06-01 to 2023-08-31297,349USD92
2023-03-01 to 2023-08-31591,046USD184
2022-06-01 to 2022-08-31233,270USD92
2022-03-01 to 2022-08-31324,703USD184

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
2023-06-01 to 2023-08-3189,014USD92
2023-03-01 to 2023-08-31180,525USD184
2022-06-01 to 2022-08-3134,214USD92
2022-03-01 to 2022-08-31327,938USD184

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
2023-06-01 to 2023-08-31794,548USD92
2023-03-01 to 2023-08-311,686,305USD184
2022-06-01 to 2022-08-31963,786USD92
2022-03-01 to 2022-08-311,987,521USD184

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 2023-08-317,039,806,793shares
At 2023-02-285,848,741,599shares

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 2023-08-3187,445,715USD
At 2023-02-2880,247,252USD

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 2023-08-311,148,682USD
At 2023-02-281,208,440USD

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 2023-08-31605,121USD
At 2023-02-28497,890USD

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 2023-08-31276,530USD
At 2023-02-28182,002USD

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 2023-08-3134,698USD
At 2023-02-289,900USD

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
2023-06-01 to 2023-08-312,294,471USD92
2023-03-01 to 2023-08-314,414,902USD184
2022-06-01 to 2022-08-312,238,442USD92
2022-03-01 to 2022-08-314,638,834USD184

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
2023-06-01 to 2023-08-31191,041USD92
2023-03-01 to 2023-08-31358,983USD184
2022-06-01 to 2022-08-31145,793USD92
2022-03-01 to 2022-08-31239,788USD184

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
2023-06-01 to 2023-08-31-1,714,476USD92
2023-03-01 to 2023-08-31-3,320,692USD184
2022-06-01 to 2022-08-31-994,433USD92
2022-03-01 to 2022-08-31-2,169,463USD184

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
2023-03-01 to 2023-08-319,892USD184
2022-03-01 to 2022-08-31405,117USD184

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
2023-03-01 to 2023-08-3120,377USD184
2022-03-01 to 2022-08-31158,183USD184

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.

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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"])))