Artificial Intelligence Technology Solutions, Inc. (AITX) filed its Quarterly Report on Form 10‑Q for the third quarter of fiscal year 2026 on January 14, 2026. The filing, which is now available on the company’s investor relations website, provides a detailed view of the company’s financial performance for the period ending March 31, 2026.
In the preceding quarter, AITX reported a 48% year‑over‑year increase in revenue and a net profit of approximately $765,000, largely driven by a $4.37 million gain from a debt settlement and a reduction of about $7.3 million in total debt. The company’s focus on debt reduction and cost discipline has helped it move toward operational positive cash flow and a more sustainable balance sheet.
CEO and founder Steve Reinharz will host a video interview immediately following the filing. Reinharz emphasized the company’s commitment to transparency, noting that “filing our 10‑Q and immediately following it with a direct conversation allows investors to see the numbers and then hear how we are thinking about execution, discipline, and priorities as the business continues to mature and our operating model becomes more deliberate and refined.” He also highlighted the importance of candid discussion, stating that “there’s a tendency in public markets, especially at the micro‑cap level, to avoid tough conversations or hide behind boilerplate language. That doesn’t build trust. We’d rather explain how decisions are made, why tradeoffs exist, and where accountability truly sits.”
AITX operates in the AI‑driven security and productivity solutions space, delivering its offerings through a Solutions‑as‑a‑Service model. The company’s proprietary AI analytics platform, including the SARA (Speaking Autonomous Responsive Agent) and its fourth‑generation platform, underpins its product portfolio and supports the company’s strategy to expand recurring revenue streams.
In addition to the filing, AITX announced on January 12 that it had implemented disciplined operating expense reductions and engaged a national public relations firm to increase market awareness. The company’s fiscal 2026 revenue guidance remains in the $12‑$18 million range, reflecting confidence in continued growth as it leverages its AI platform and strengthens its balance sheet.
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