Artificial Intelligence Tech Solutions Inc (AITX)

[JustJack]

Steve just took on $700,000.00 in debt BUT WHO CARES when one is so far in debt anyways. 🤣

Artificial Intelligence Technology Solutions Inc. (AITX) appears to be carrying a very heavy debt and liability load relative to its size and revenue.

Key recent figures:

Total debt: about $32.8 million USD for the latest annual reporting period.
Total liabilities: roughly $58–60 million USD.
Cash on hand:
Around $866K at Feb. 2025 year-end.
Dropped as low as about $144K by Nov. 2025 according to later filings/discussions.
Shareholders’ equity is deeply negative:
About -$49 million USD, meaning liabilities exceed assets by a large amount.
Operating losses continue:
Roughly $18.9 million net loss in FY2025.
Market cap:
Only about $9.3 million USD recently, which is far below its liabilities.