{"filing": {"accession": "0001493152-26-047759", "cik": "0001498148", "ticker": "AITX", "company_name": "Artificial Intelligence Technology Solutions Inc.", "form_type": "10-Q", "filing_type": "10-Q", "filing_date": "2026-10-20", "accepted_datetime": null, "acceptance_datetime": null, "accepted_at": null, "primary_doc_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/0001493152-26-047759-index.htm", "filing_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/0001493152-26-047759-index.htm", "period_of_report": "2026-08-31"}, "html_url": "/api/filings/000149315226047759/stream", "exhibits": [{"exhibit_number": "21.1", "exhibit_type": "21", "description": "Subsidiaries of the Registrant (3)", "filename": "ex21-1.htm", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/ex21-1.htm", "category": "other", "incorporated_by_reference": false}, {"exhibit_number": "31.1", "exhibit_type": "31", "description": "Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer. (3)", "filename": "ex31-1.htm", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/ex31-1.htm", "category": "other", "incorporated_by_reference": false}, {"exhibit_number": "31.2", "exhibit_type": "31", "description": "Rule 13(a)-14(a)/15(d)-14(a) Certification of principal financial and accounting officer. (3)", "filename": "ex31-2.htm", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/ex31-2.htm", "category": "other", "incorporated_by_reference": false}, {"exhibit_number": "32.1", "exhibit_type": "32", "description": "Section 1350 Certification of principal executive officer. (3)", "filename": "ex32-1.htm", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/ex32-1.htm", "category": "other", "incorporated_by_reference": false}, {"exhibit_number": "32.2", "exhibit_type": "32", "description": "Section 1350 Certification of principal financial accounting officer. (3)", "filename": "ex32-2.htm", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226047759/ex32-2.htm", "category": "other", "incorporated_by_reference": false}, {"exhibit_number": "3.1", "exhibit_type": "3", "description": "Articles of Incorporation (1)", "filename": "", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000116169718000118/ex_3-1.htm", "category": "incorporation", "incorporated_by_reference": true}, {"exhibit_number": "3.2", "exhibit_type": "3", "description": "Bylaws (2)", "filename": "", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000116169710000728/ex_3-2.htm", "category": "incorporation", "incorporated_by_reference": true}, {"exhibit_number": "14", "exhibit_type": "14", "description": "Code of Ethics (2)", "filename": "", "edgar_url": "https://www.sec.gov/Archives/edgar/data/1498148/000116169710000728/ex_14-1.htm", "category": "other", "incorporated_by_reference": true}], "sections": [{"section_name": "part_1", "section_title": "Part I", "start_position": 2781, "end_position": 3630}, {"section_name": "part_2", "section_title": "Part II", "start_position": 3630, "end_position": 3698}, {"section_name": "item_1a", "section_title": "Risk Factors", "start_position": 3698, "end_position": 3855}, {"section_name": "item_4", "section_title": "Mine Safety Disclosures", "start_position": 3855, "end_position": 181129}], "tables": [{"table_index": 0, "table_type": "text", "caption": null, "header_text": "Nevada27-2343603"}, {"table_index": 1, "table_type": "text", "caption": null, "header_text": "10800\n Galaxie AvenueFerndale,MI48220"}, {"table_index": 2, "table_type": "text", "caption": null, "header_text": "Large\n accelerated filer\u2610Accelerated\n filer\u2610"}, {"table_index": 5, "table_type": "financial", "caption": null, "header_text": "PAGE"}, {"table_index": 8, "table_type": "financial", "caption": null, "header_text": "August\n 31, 2026February\n 28,\u202f2026*"}, {"table_index": 12, "table_type": "financial", "caption": null, "header_text": "Three Months\n EndedThree Months\n EndedSix Months\n EndedSix Months\n Ended"}, {"table_index": 15, "table_type": "financial", "caption": null, "header_text": "SharesAmountSharesAmountSharesAmountSharesAmountCapitalDeficitDeficit"}, {"table_index": 18, "table_type": "financial", "caption": null, "header_text": "SharesAmountSharesAmountSharesAmountSharesAmountCapitalDeficitDeficit"}, {"table_index": 19, "table_type": "text", "caption": null, "header_text": "*$41,916issuance costs including2,500,000commitment fees\nshares at a value of $16,500"}, {"table_index": 22, "table_type": "financial", "caption": null, "header_text": "Six\n Months EndedAugust 31, 2026Six\n Months EndedAugust 31, 2025"}, {"table_index": 29, "table_type": "text", "caption": null, "header_text": "Computer equipment and software2or3years"}, {"table_index": 32, "table_type": "financial", "caption": null, "header_text": "\u25cfDoes\n the agreement purport, in substance, to be a sale"}, {"table_index": 35, "table_type": "financial", "caption": null, "header_text": "\u25cfFreestanding\n instruments, including warrants.The Company first applies ASC 480,Distinguishing Liabilities from Equity. Instruments\n outside ASC 480 are assessed under ASC 815-40-15 (indexation to th"}, {"table_index": 38, "table_type": "financial", "caption": null, "header_text": "\u25cfAllocation\n of proceeds.When a derivative is bifurcated from a debt host, proceeds are allocated first to the derivative liability and any\n liability-classified warrants at fair value. The residual i"}, {"table_index": 39, "table_type": "text", "caption": null, "header_text": "\u25cfConversion.On conversion under the original terms, the bifurcated derivative is remeasured to fair value at the conversion date, with the change\n recognized in earnings. The carrying amount of the ho"}, {"table_index": 40, "table_type": "text", "caption": null, "header_text": "InputBasis"}, {"table_index": 43, "table_type": "financial", "caption": null, "header_text": "\u25cfLevel\n 1 \u2013 Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date."}, {"table_index": 44, "table_type": "financial", "caption": null, "header_text": "Amount\n atFair\n Value Measurement Using"}, {"table_index": 47, "table_type": "financial", "caption": null, "header_text": "Three Months\n EndedThree Months\n EndedSix Months EndedSix Months Ended"}, {"table_index": 50, "table_type": "financial", "caption": null, "header_text": "LeasesClassificationAugust\n 31, 2026February\n 28, 2026"}, {"table_index": 51, "table_type": "financial", "caption": null, "header_text": "August\n 31, 2026February\n 28, 2026"}, {"table_index": 52, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and AmortizationThree Months EndedAugust\n 31, 2026Three\n Months EndedAugust 31, 2025Six\n Months EndedAugust\n 31, 2026Six\n Months EndedAugust\n 31, 2025"}, {"table_index": 55, "table_type": "financial", "caption": null, "header_text": "August\n 31, 2026February\n 28, 2026"}, {"table_index": 56, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and AmortizationThree\n Months EndedAugust\n 31, 2026Three\n Months EndedAugust\n 31, 2025Six\n Months EndedAugust\n 31, 2026Six\n Months EndedAugust\n 31, 2025"}, {"table_index": 57, "table_type": "financial", "caption": null, "header_text": "(1)The\n investor would pay up to $400,000in exchange for a perpetual4% rate Payment on the Company\u2019s reported quarterly Revenues.\n At February 29, 2020, $400,000has been paid to the Company."}, {"table_index": 60, "table_type": "text", "caption": null, "header_text": "1)The\n rate payment was reduced from14.25% to9.65%"}, {"table_index": 65, "table_type": "text", "caption": null, "header_text": "DateMaturityDescriptionPrincipalInterest\n Rate"}, {"table_index": 72, "table_type": "financial", "caption": null, "header_text": "(1)This\n note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed\n on the lender."}, {"table_index": 75, "table_type": "financial", "caption": null, "header_text": "(9)The\nnote, with an original principal amount of $550,000,\nmay be pre-payable at any time. The note balance includes an original issue discount of $250,000and was issued with a warrant to\npurchase50,"}, {"table_index": 78, "table_type": "financial", "caption": null, "header_text": "(14)The\nnote, with an original principal balance of $1,650,000,\nmay be pre-payable at any time. The note balance includes an original issue discount of $150,000and was issued with a warrant to\npurchas"}, {"table_index": 84, "table_type": "financial", "caption": null, "header_text": "(21)On\nNovember 30, 2023, the Company entered into an agreement where the lender will pay the Company $350,000in exchange forthirteen\nfuture monthly payments of $36,750commencing\non April 30,2024throu"}, {"table_index": 85, "table_type": "financial", "caption": null, "header_text": "(31)Original\n$450,000note may be pre-payable at any time.\nThe note balance includes an original issue discount of $50,000.\nPrincipal and interest due at maturity. Secured by a general security chargin"}, {"table_index": 89, "table_type": "financial", "caption": null, "header_text": "(35)Original\n$330,000note may be pre-payable at any time.\nThe note balance includes an original issue discount of $30,000.\nPrincipal and interest due at maturity. Secured by a general security chargin"}, {"table_index": 93, "table_type": "financial", "caption": null, "header_text": "(42)$257,000convertible note that may be redeemed subject to a premium ranging from120% to125% if redeemed within the first 180 days of the\n note. The Company received proceeds of $250,000, with fees "}, {"table_index": 97, "table_type": "financial", "caption": null, "header_text": "(48)$230,000convertible note that may be redeemed subject to a premium ranging from105%\n to140%\n if redeemed within the first 180 days of the note. The Company received proceeds of $200,000,\n with an "}, {"table_index": 99, "table_type": "financial", "caption": null, "header_text": "(51)$165,000convertible note that may be redeemed subject to a premium ranging from115% to125% if redeemed\n within the first 180 days of the note. First year\u2019s interest of $16,500is guaranteed\n and ea"}, {"table_index": 103, "table_type": "financial", "caption": null, "header_text": "(55)$225,000note repayable in 36 weekly payments of $6,250starting August 6, 2026. Non-interest bearing. Secured by a general security charging all of RAD\u2019s present and after-acquired\n property. Along"}, {"table_index": 106, "table_type": "text", "caption": null, "header_text": "Strike price$0.004- $0.036"}, {"table_index": 107, "table_type": "text", "caption": null, "header_text": "Strike price$0.0004- $0.036"}, {"table_index": 108, "table_type": "text", "caption": null, "header_text": "Balance as of March 1, 2026$-"}, {"table_index": 109, "table_type": "financial", "caption": null, "header_text": ""}, {"table_index": 112, "table_type": "text", "caption": null, "header_text": "Number of Series F Preferred WarrantsWeighted AverageExercise PriceWeighted AverageRemaining Years"}, {"table_index": 117, "table_type": "text", "caption": null, "header_text": "Common sharesAugust\n 31, 2026February\n 28, 2026"}, {"table_index": 118, "table_type": "text", "caption": null, "header_text": "Number\n ofWarrantsWeighted AverageExercise PriceWeighted AverageRemaining Years"}, {"table_index": 119, "table_type": "text", "caption": null, "header_text": "Number\n of OptionsWeighted AverageExercise\n PriceWeighted AverageRemaining Years"}, {"table_index": 122, "table_type": "financial", "caption": null, "header_text": "Maturity of\n Lease LiabilitiesOperatingLeases"}, {"table_index": 125, "table_type": "financial", "caption": null, "header_text": "2026202520262025"}, {"table_index": 126, "table_type": "text", "caption": null, "header_text": "2026202520262025"}, {"table_index": 129, "table_type": "financial", "caption": null, "header_text": "\u25cfStationary\n solutions (RAD-I).Robotic Assistance Devices, Inc. operates our stationary product portfolio,\n including ROSA\u2122, our most widely deployed device; RIO\u2122, a portable solar-powered\n security t"}, {"table_index": 130, "table_type": "text", "caption": null, "header_text": "1.Begin with an AI-driven\n autonomous response through SARA, and escalate to a human operator only when needed."}, {"table_index": 133, "table_type": "financial", "caption": null, "header_text": "Period"}, {"table_index": 134, "table_type": "text", "caption": null, "header_text": "Three\n Months EndedThree\n Months EndedChange"}, {"table_index": 135, "table_type": "financial", "caption": null, "header_text": "Period"}, {"table_index": 138, "table_type": "financial", "caption": null, "header_text": "\u25cfGeneral\n and administrative expenses decreased by $55,559. In comparing the three months ended August 31, 2026 and August 31, 2025 the decrease\n in G&A was primarily due to decreases in: wages and sa"}, {"table_index": 139, "table_type": "financial", "caption": null, "header_text": "Period"}, {"table_index": 140, "table_type": "text", "caption": null, "header_text": "Six\n Months EndedSix\n Months EndedChange"}, {"table_index": 143, "table_type": "financial", "caption": null, "header_text": "Period"}, {"table_index": 144, "table_type": "financial", "caption": null, "header_text": "\u25cfGeneral\n and administrative expenses decreased by $380,193. In comparing the six months ended August 31, 2026 and August 31, 2025 the increase\n may be partially explained by the following decreases: "}, {"table_index": 147, "table_type": "financial", "caption": null, "header_text": "August\n 31, 2026February\n 28, 2026"}, {"table_index": 148, "table_type": "financial", "caption": null, "header_text": "Summary of\n Cash FlowsSix\n Months EndedAugust 31, 2026Six\n Months EndedAugust 31, 2025"}, {"table_index": 153, "table_type": "text", "caption": null, "header_text": "1.As\n of August 31, 2026, we did not maintain effective controls over our control environment. Specifically, we have not developed and\n effectively communicated to our employees our accounting policie"}, {"table_index": 156, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares\n Issued"}, {"table_index": 159, "table_type": "text", "caption": null, "header_text": "April 27, 2026Debt exchange*$185,600 in accrued interest exchanged for\n common shares at a fair value of $220,800 for a loss on settlement of debt of $35,2008,000,000"}, {"table_index": 162, "table_type": "text", "caption": null, "header_text": "June 24, 2026Convertible debt issuance*$166,667 Convertible note that\n converts at 60% of the lowest traded prices 20 prior trading days\u2014"}, {"table_index": 165, "table_type": "exhibit_index", "caption": null, "header_text": "Exhibit\n No.Description\n of Document"}, {"table_index": 166, "table_type": "text", "caption": null, "header_text": "(1)Incorporated\n by reference to our Form 10-KT file with the Securities and Exchange Commission on March 12, 2018."}, {"table_index": 169, "table_type": "text", "caption": null, "header_text": "Artificial\n Intelligence Technology Solutions Inc."}], "exhibits_pending": false, "cdn_html": true, "response_time_ms": 34}