16 December 2025
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Artificial Intelligence Technology Solutions Inc.
CIK: 1498148•2 Annual Reports•Latest: 2025-05-29
10-K / May 29, 2025
Revenue:$6,130,886
Income:-$18,935,592
10-K / May 29, 2024
Revenue:$2,227,559
Income:-$20,708,716
10-K / May 29, 2025
Company Summary: Artificial Intelligence Technology Solutions Inc. (AITX)
Business Overview
- Core Business: Development, deployment, and commercialization of AI-powered robotic security and operational devices designed to automate physical security and operational tasks.
- Primary Focus: Applying advanced AI-driven technologies (Agentic AI platform named SARA) combined with hardware (robots and cameras), cloud services, and software to deliver autonomous, real-time security, monitoring, and operational automation solutions.
Subsidiaries
- RAD-I: Provides AI-driven security solutions, autonomous deterrence, and management of devices like ROSA, RADDOG, HERO, ROAMEO, RIO, RADCam, RAM, and others.
- RAD-R: Focuses on residential market solutions, deploying AI-powered security devices like RADCam for homes and small businesses.
- RAD-M: Mobile solutions for security in logistics, healthcare, construction, and public environments, including portable, solar-powered towers (RIO).
- RAD-G: Develops and licenses OEM AI security technology.
- RAD Lanka: Development in Sri Lanka for cost-effective production.
Technologies & Products
- SARA (Agentic AI platform): The AI "brain" that enables devices to detect, decide, respond, and escalate in real time.
- Robots & Devices:
- ROSA™: Autonomous visual analytics, deterrence, and response device used for perimeter security, vehicle access, firearm detection, etc.
- RIO™: Portable solar-powered security towers with ROSA units for rapid outdoor deployment.
- ROAMEO™: Autonomous mobile security robot for large outdoor patrols, campuses, logistics yards.
- RADDOG™ LE2: Law enforcement support, crowd engagement, tactical patrol robot.
- HERO™: Humanoid security robot (expected launch late 2025) for public spaces, malls, airports.
- RADCam™: AI-enhanced security cameras for residential, small business, and enterprise use.
- AVA™: Automated vehicle and asset entry management with license plate recognition and voice interaction.
- TOM™: Visitor and front desk management system, automating reception/security functions.
- ROSS: Software platform to upgrade legacy IP cameras with AI analytics.
- RAM™: Module to retrofit existing cameras with voice and AI capabilities.
- Firearm Detection Analytic: Recognizes visible guns to prevent threats like active shooter scenarios.
Market & Industry Position
- Industry Size:
- Global security industry approaching $1 trillion.
- AI in security market expected to grow from $5.4 billion (2024) to $50.3 billion (2030) at 45.8% CAGR.
- Customer Base:
- Number of active customers: Not explicitly stated, but products are deployed across commercial, healthcare, logistics, retail, education, and law enforcement sectors.
- Notable Deployments:
- Multiple systems installed in hospitals, retail, logistics, educational campuses, and municipal agencies.
- Over 100 press releases on sales and deployments in the past year.
- Employees:
- As of March 7, 2025, approximately 116 full-time employees and subcontractors.
- Revenue & Income:
- Fiscal Year 2025 revenue: $6,130,886, a 175% increase from $2,227,559 in FY2024.
- Gross profit: $3,744,564 (FY2025) vs $565,817 (FY2024), gross margin approximately 61%.
- Net loss: $18,935,592 in FY2025, slightly less than $20,708,716 in FY2024.
- Revenue Breakdown:
- Device rentals: $5,050,255 (FY2025), a 211% increase.
- Device sales and services: $1,080,631 (FY2025).
- Business Model:
- Recurring monthly subscription revenue (typically 12-month contracts).
- Product sales and hardware unit deployments.
- Revenue margins:
- Over 75% gross margin on subscription-based solutions.
- Over 50% gross margin on hardware sales.
Strategic Position
- Focused on delivering practical, revenue-generating AI solutions that automate and improve security and operational workflows.
- Recognized industry leader in AI security, with multiple awards (e.g., ISC West 2025 Judges Choice, Best Threat Detection).
- Active in high-growth segments like autonomous mobile patrol robots, AI surveillance, and automated access control.
Challenges & Financial Outlook
- The company operates at a net loss and has negative working capital.
- As of February 28, 2025:
- Cash: approximately $865,975.
- Total assets and liabilities: Not specifically disclosed, but working capital is negative $2,548,138.
- Days of cash flow: Not explicitly stated, but negative cash flow in operations of over $12 million.
- Management plans:
- Raising additional funds through equity or debt.
- Focus on expanding revenue, deploying more devices, and scaling operations.
- Transitioning towards positive cash flow and an uplisting to Nasdaq targeted for 2026.
Summary
Artificial Intelligence Technology Solutions Inc. (AITX) specializes in AI-powered security robots and systems, focusing on autonomous detection, decision-making, deterrence, and operational automation across various industry sectors. They have a broad product line with current deployments, growing revenue, and numerous awards, but continue to operate at a net loss with ongoing efforts to raise capital and achieve profitability.
