Artificial Intelligence Technology Solutions Inc (OTC: AITX) is an AI-driven security technology company that designs, deploys, and operates autonomous robotic devices and software platforms for physical security, monitoring, and concierge applications. The company makes money primarily through recurring monthly revenue (RMR) generated by device rental agreements, with customers paying ongoing fees rather than purchasing hardware outright. AITX operates through its subsidiary RAD (Robotic Assistance Devices), acquired in 2017, which pivoted the parent company from transportation logistics into AI-powered security. As of FY2025 (year ended February 28, 2025), AITX reported revenues of $6.13M, up 175% from $2.23M in FY2024, with a net loss of $18.94M and an accumulated deficit of $156.5M. The company carries a going concern qualification, negative operating cash flow of $12.2M for FY2025, and negative working capital of $2.55M as of February 28, 2025. Customers include one Fortune Top 10 company and other Fortune 500 firms across logistics, commercial real estate, healthcare, manufacturing, amusement, and retail verticals. As of March 7, 2025, AITX employed 116 full-time equivalents including subcontractors.

Revenue model

Recurring monthly revenue (RMR) from device rental agreements. Customers rent autonomous security devices rather than buying them, creating a subscription-style revenue stream tied to units deployed. Device rental activity is reported as a distinct revenue category in the FY2025 10-K.

Products and services

ROSA: autonomous security device combining visual analytics, two-way audio, and AI-driven escalation; described as the most deployed solution as of the FY2025 filing. ROAMEO: mobile autonomous security device. RIO: security device building on ROSA platform. RAM (Responsive Autonomous Machine): inline device that retrofits existing surveillance infrastructure with AI analytics. AVA: access control and visitor management device. RADCam: security camera product. SARA: Agentic AI platform embedded across device lineup, enabling autonomous decision-making and alert escalation. ROSS: software platform through which analytics including firearm detection are delivered. Firearm Detection Analytic: AI-based module identifying visible handguns and long guns in real time.

Customers and end markets

Enterprise customers including one Fortune Top 10 company and multiple Fortune 500 firms as of the FY2025 10-K. End markets include logistics, commercial real estate, healthcare, amusement, manufacturing, retail, and education. Named customer references include Scotland Memorial Hospital, GXO (global logistics), and an unnamed leading electronics distributor. The company also addresses the residential home security market.

Value-chain role

AITX occupies a vertically integrated role: it develops proprietary AI software (SARA, ROSS, Firearm Detection), designs and manufactures multi-use hardware devices (ROSA, ROAMEO, RIO, RAM, AVA, RADCam), and delivers security services through an autonomous device-rental model. It positions its devices as a direct replacement for manned security guards and passive legacy camera systems.

Geographic exposure

The FY2025 10-K does not specify geographic revenue breakdown. Customer references and deployment verticals suggest primary operations in the United States.

Source: SEC 10-K, filed 2025-05-29

Industry: Services-Prepackaged Software