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ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.: 10-Q filed 2024-10-15

What ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. reported in its quarterly report filed 2024-10-15 (fiscal Q2 2025): 39 published measures, 117 facts as tagged in accession 0001493152-24-041126.

This filing

Form
10-Q (quarterly report)
Filed
2024-10-15
Fiscal period
fiscal Q2 2025
Accession
0001493152-24-041126 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 2024-08-319,215,292USD
At 2024-02-297,596,791USD

Total liabilities

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

PeriodValueUnitDays
At 2024-08-3154,685,655USD
At 2024-02-2947,796,348USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-08-31-45,470,363USD
At 2024-05-31-45,912,103USD
At 2024-02-29-40,199,557USD
At 2023-08-31-33,947,549USD
At 2023-05-31-34,079,117USD
At 2023-02-28-31,843,001USD

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
2024-06-01 to 2024-08-31-3,930,323USD92
2024-03-01 to 2024-08-31-8,124,682USD184
2024-03-01 to 2024-05-31-4,194,359USD92
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

Operating cash flow

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

PeriodValueUnitDays
2024-03-01 to 2024-08-31-6,433,906USD184
2023-03-01 to 2023-08-31-6,335,216USD184

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-03-01 to 2024-08-3123,724USD184
2023-03-01 to 2023-08-313,463USD184

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-06-01 to 2024-08-311,344,183USD92
2024-03-01 to 2024-08-312,526,983USD184
2023-06-01 to 2023-08-31386,363USD92
2023-03-01 to 2023-08-31771,571USD184

Financing cash flow

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

PeriodValueUnitDays
2024-03-01 to 2024-08-316,948,981USD184
2023-03-01 to 2023-08-316,911,032USD184

Investing cash flow

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

PeriodValueUnitDays
2024-03-01 to 2024-08-31-77,868USD184
2023-03-01 to 2023-08-31-3,463USD184

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-08-31-145,686,020USD
At 2024-03-014,175,535USD
At 2024-02-29-132,962,427USD

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
2024-06-01 to 2024-08-3111,181,863,976shares92
2024-03-01 to 2024-08-3110,531,991,040shares184
2023-06-01 to 2023-08-316,568,957,612shares92
2023-03-01 to 2023-08-316,266,833,467shares184

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-06-01 to 2024-08-3111,181,863,976shares92
2024-03-01 to 2024-08-3110,531,991,040shares184
2023-06-01 to 2023-08-316,568,957,612shares92
2023-03-01 to 2023-08-316,266,833,467shares184

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
2024-06-01 to 2024-08-310USD/shares92
2024-03-01 to 2024-08-310USD/shares184
2023-06-01 to 2023-08-310USD/shares92
2023-03-01 to 2023-08-310USD/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
2024-06-01 to 2024-08-310USD/shares92
2024-03-01 to 2024-08-310USD/shares184
2023-06-01 to 2023-08-310USD/shares92
2023-03-01 to 2023-08-310USD/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 2024-08-31258,183USD
At 2024-02-29268,075USD

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
2024-03-01 to 2024-08-31166,646USD184
2023-03-01 to 2023-08-31228,434USD184

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
2024-06-01 to 2024-08-31-2,613,874USD92
2024-03-01 to 2024-08-31-5,447,130USD184
2023-06-01 to 2023-08-31-3,045,252USD92
2023-03-01 to 2023-08-31-5,994,227USD184

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 2024-08-314,090,105USD
At 2024-02-293,616,566USD

Current liabilities

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

PeriodValueUnitDays
At 2024-08-3137,080,711USD
At 2024-02-2921,715,651USD

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 2024-08-31650,293USD
At 2024-02-29756,084USD

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
2024-06-01 to 2024-08-313,173,092USD92
2024-03-01 to 2024-08-316,691,682USD184
2023-06-01 to 2023-08-313,231,026USD92
2023-03-01 to 2023-08-316,376,734USD184

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 2024-08-312,063,229USD
At 2024-02-292,131,599USD

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
2024-06-01 to 2024-08-31559,218USD92
2024-03-01 to 2024-08-311,244,552USD184
2023-06-01 to 2023-08-31185,774USD92
2023-03-01 to 2023-08-31382,507USD184

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
2024-06-01 to 2024-08-31784,965USD92
2024-03-01 to 2024-08-311,282,431USD184
2023-06-01 to 2023-08-31200,589USD92
2023-03-01 to 2023-08-31389,064USD184

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
2024-06-01 to 2024-08-31677,410USD92
2024-03-01 to 2024-08-311,318,120USD184
2023-06-01 to 2023-08-31794,548USD92
2023-03-01 to 2023-08-311,686,305USD184

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 2024-08-3111,706,671,042shares
At 2024-02-299,238,750,958shares

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 2024-08-3199,993,641USD
At 2024-02-2992,565,513USD

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 2024-08-311,070,511USD
At 2024-02-291,139,188USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-08-311,063,192USD
At 2024-02-291,127,013USD

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 2024-08-31692,226USD
At 2024-02-29617,953USD

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 2024-08-31434,043USD
At 2024-02-29349,878USD

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 2024-08-31363,572USD
At 2024-02-2973,702USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2024-06-01 to 2024-08-31-4,325,343USD92
2024-03-01 to 2024-08-31-8,548,558USD184
2023-06-01 to 2023-08-31-4,759,728USD92
2023-03-01 to 2023-08-31-9,314,919USD184

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
2024-06-01 to 2024-08-312,324,953USD92
2024-03-01 to 2024-08-315,045,144USD184
2023-06-01 to 2023-08-312,294,471USD92
2023-03-01 to 2023-08-314,414,902USD184

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
2024-06-01 to 2024-08-31107,762USD92
2024-03-01 to 2024-08-31203,438USD184
2023-06-01 to 2023-08-3179,466USD92
2023-03-01 to 2023-08-31150,444USD184

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-06-01 to 2024-08-311,309,929USD92
2024-03-01 to 2024-08-312,671,032USD184
2023-06-01 to 2023-08-311,753,216USD92
2023-03-01 to 2023-08-313,359,432USD184

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
2024-06-01 to 2024-08-31-1,316,449USD92
2024-03-01 to 2024-08-31-2,677,552USD184
2023-06-01 to 2023-08-31-1,714,476USD92
2023-03-01 to 2023-08-31-3,320,692USD184

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
2024-03-01 to 2024-08-31185,705USD184
2023-03-01 to 2023-08-319,892USD184

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-03-01 to 2024-08-316,893,169USD184
2023-03-01 to 2023-08-316,115,032USD184

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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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"])))