$AITX
Artificial Intelligence Technology Solutions Inc. Stock $aitx

$aitx Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000116169723000408 Filed on July 17, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$386.4K	$385.2K
YoY Change	44.44%	0.01%
Cost Of Revenue	$89.01K	$91.51K
YoY Change	160.17%	-68.84%
Gross Profit	$297.3K	$293.7K
YoY Change	27.47%	221.22%
Gross Profit Margin	76.96%	76.24%
Selling, General & Admin	$2.357M	$2.183M
YoY Change	2.38%	-11.63%
% of Gross Profit	792.67%	743.27%
Research & Development	$794.5K	$891.8K
YoY Change	-17.56%	-12.89%
% of Gross Profit	267.21%	303.63%
Depreciation & Amortization	$191.0K	$167.9K
YoY Change	31.04%	78.67%
% of Gross Profit	64.25%	57.18%
Operating Expenses	$3.343M	$3.243M
YoY Change	-2.03%	-9.63%
Operating Profit	-$3.045M	-$2.949M
YoY Change	-4.19%	-15.66%
Interest Expense	$1.753M	-$1.606M
YoY Change	74.97%	-236.7%
% of Operating Profit
Other Income/Expense, Net	-$1.714M	-$1.606M
YoY Change	72.41%	36.7%
Pretax Income	-$4.760M	-$4.555M
YoY Change	14.06%	-2.49%
Income Tax
% Of Pretax Income
Net Earnings	-$4.760M	-$4.555M
YoY Change	14.06%	-2.49%
Net Earnings / Revenue	-1231.93%	-1182.52%
Basic Earnings Per Share	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	6.561B shares	6.118B shares
Diluted Shares Outstanding	6.569B shares	5.965B shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.512M	$287.2K
YoY Change	316.48%	-68.84%
Cash & Equivalents	$1.512M	$287.2K
Short-Term Investments
Other Short-Term Assets	$675.3K	$521.5K
YoY Change	18.73%	62.88%
Inventory	$1.690M	$1.489M
Prepaid Expenses	$675.3K	$521.5K
Receivables	$260.7K	$391.8K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$4.138M	$2.690M
YoY Change	25.52%	-16.35%
LONG-TERM ASSETS
Property, Plant & Equipment	$328.6K	$3.039M
YoY Change	2.88%	1353.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$71.24K	$71.24K
YoY Change	235.4%	235.4%
Other Assets
YoY Change
Total Long-Term Assets	$3.332M	$3.138M
YoY Change	28.87%	32.52%
TOTAL ASSETS
Total Short-Term Assets	$4.138M	$2.690M
Total Long-Term Assets	$3.332M	$3.138M
Total Assets	$7.470M	$5.828M
YoY Change	26.99%	4.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.277M	$1.336M
YoY Change	-9.84%	24.81%
Accrued Expenses	$5.967M	$4.986M
YoY Change	1959.28%	1892.85%
Deferred Revenue	$34.70K	$36.46K
YoY Change	1753.53%
Short-Term Debt	$1.594K	$0.00
YoY Change	0.0%	-100.0%
Long-Term Debt Due	$19.70M	$16.50M
YoY Change	4906.73%	6912.91%
Total Short-Term Liabilities	$28.75M	$24.51M
YoY Change	729.54%	843.46%
LONG-TERM LIABILITIES
Long-Term Debt	$7.176M	$9.884M
YoY Change	-69.57%	-50.74%
Other Long-Term Liabilities	$5.487M	$5.513M
YoY Change	-27.36%	-20.35%
Total Long-Term Liabilities	$12.66M	$15.40M
YoY Change	-59.33%	-42.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$28.75M	$24.51M
Total Long-Term Liabilities	$12.66M	$15.40M
Total Liabilities	$41.42M	$39.91M
YoY Change	19.69%	34.88%
SHAREHOLDERS EQUITY
Retained Earnings	-$121.6M	-$116.8M
YoY Change	18.04%	18.21%
Common Stock	$70.40K	$61.30K
YoY Change	39.03%	25.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$33.95M	-$34.08M
YoY Change
Total Liabilities & Shareholders Equity	$7.470M	$5.828M
YoY Change	26.99%	4.37%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$4.760M	-$4.555M
YoY Change	14.06%	-2.49%
Depreciation, Depletion And Amortization	$191.0K	$167.9K
YoY Change	31.04%	78.67%
Cash From Operating Activities	-$3.344M	-$2.991M
YoY Change	6.75%	-17.41%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$3.460K
YoY Change	-100.0%	-103.92%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	-$3.460K
YoY Change	-100.0%	-96.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	4.569M	2.342M
YoY Change	69.65%	-14097.43%
NET CHANGE
Cash From Operating Activities	-3.344M	-2.991M
Cash From Investing Activities	0.000	-3.460K
Cash From Financing Activities	4.569M	2.342M
Net Change In Cash	1.225M	-652.6K
YoY Change	-319.3%	-82.49%
FREE CASH FLOW
Cash From Operating Activities	-$3.344M	-$2.991M
Capital Expenditures	$0.00	$3.460K
Free Cash Flow	-$3.344M	-$2.994M
YoY Change	10.96%	-15.25%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001498148
CY2023Q2	dei	Amendment Flag AmendmentFlag	false
CY2023Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--02-28
CY2023Q2	aitx	Inventory Provision InventoryProvision		usd
CY2022Q2	aitx	Proceeds From Loans Payable ProceedsFromLoansPayable		usd
CY2023Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q2	aitx	Transfer From Device Parts Inventory To Revenu TransferFromDevicePartsInventoryToRevenu	-179619	usd
CY2022Q2	aitx	Discount Added To Face Value Of Loans DiscountAddedToFaceValueOfLoans		usd
CY2022Q2	aitx	Series F Warrants Issued As Part Of Debt Issuance SeriesFWarrantsIssuedAsPartOfDebtIssuance		usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	391823	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	265024	usd
CY2023Q2	us-gaap	Intermediate Life Plants Useful Life IntermediateLifePlantsUsefulLife	P48M
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P12M
CY2023Q2	us-gaap	Interest Expense InterestExpense	1606216	usd
CY2023Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax		usd
CY2022Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax		usd
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	5964709322	shares
CY2022Q2	aitx	Weighted Average Number Diluted Shares Outstanding Adjustment1 WeightedAverageNumberDilutedSharesOutstandingAdjustment1	4798657871	shares
CY2023Q2	dei	Document Type DocumentType	10-Q
CY2023Q2	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q2	dei	Document Period End Date DocumentPeriodEndDate	2023-05-31
CY2023Q2	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q2	dei	Entity File Number EntityFileNumber	000-55079
CY2023Q2	dei	Entity Registrant Name EntityRegistrantName	ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
CY2023Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	27-2343603
CY2023Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	10800 Galaxie Avenue
CY2023Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Ferndale
CY2023Q2	dei	Entity Address State Or Province EntityAddressStateOrProvince	MI
CY2023Q2	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	48220
CY2023Q2	dei	City Area Code CityAreaCode	877
CY2023Q2	dei	Local Phone Number LocalPhoneNumber	787-6268
CY2023Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q2	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q2	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q2	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q2	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q2	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	6561173249	shares
CY2023Q2	us-gaap	Cash Cash	287202	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	391823	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	1489429	usd
CY2023Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	521501	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	2689955	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1179673	usd
CY2023Q2	aitx	Accumulated Depreciation Revenue Earning Devices AccumulatedDepreciationRevenueEarningDevices	902680	usd
CY2023Q1	aitx	Accumulated Depreciation Revenue Earning Devices AccumulatedDepreciationRevenueEarningDevices	778839	usd
CY2023Q2	aitx	Revenue Earning Robots Net Of Accumulated Depreciation RevenueEarningRobotsNetOfAccumulatedDepreciation	1556790	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	227103	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	182002	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	302960	usd
CY2023Q2	aitx	Trademarks Trademarks	27080	usd
CY2023Q2	aitx	Investment At Cost InvestmentAtCost	50000	usd
CY2023Q2	us-gaap	Security Deposit SecurityDeposit	21239	usd
CY2023Q2	us-gaap	Assets Assets	5827697	usd
CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1336023	usd
CY2023Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	1594	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	36460	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	244169	usd
CY2023Q2	aitx	Current Portion Of Deferred Variable Payment Obligation CurrentPortionOfDeferredVariablePaymentObligation	604811	usd
CY2023Q2	aitx	Loan Payable Related Party LoanPayableRelatedParty	243256	usd
CY2023Q2	aitx	Incentive Compensation Plan Payable IncentiveCompensationPlanPayable	1042000	usd
CY2023Q2	aitx	Discount Of Current Portion Of Loans Payable DiscountOfCurrentPortionOfLoansPayable	1348996	usd
CY2023Q1	aitx	Discount Of Current Portion Of Loans Payable DiscountOfCurrentPortionOfLoansPayable	1651597	usd
CY2023Q2	us-gaap	Loans Payable Current LoansPayableCurrent	16220989	usd
CY2023Q2	aitx	Vehicle Loan Current Portion VehicleLoanCurrentPortion	38522	usd
CY2023Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	4741347	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	24509171	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	926274	usd
CY2023Q2	aitx	Discount Of Loans Payable DiscountOfLoansPayable	4973120	usd
CY2023Q1	aitx	Discount Of Loans Payable DiscountOfLoansPayable	4130291	usd
CY2023Q2	us-gaap	Long Term Loans Payable LongTermLoansPayable	9884241	usd
CY2023Q2	aitx	Deferred Variable Payment Obligation DeferredVariablePaymentObligation	2525000	usd
CY2023Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2062128	usd
CY2023Q2	us-gaap	Liabilities Liabilities	39906814	usd
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15545650	shares
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15545650	shares
CY2023Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7225000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7225000000	shares
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6129670689	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6129670689	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5848741599	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5848741599	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	61298	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	82563520	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	80247252	usd
CY2023Q2	us-gaap	Preferred Stock Shares Subscribed But Unissued Value PreferredStockSharesSubscribedButUnissuedValue	99086	usd
CY2023Q1	us-gaap	Preferred Stock Shares Subscribed But Unissued Value PreferredStockSharesSubscribedButUnissuedValue	99086	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-116808904	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-112253711	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-34079117	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-31843001	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5827697	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6296858	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	385208	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	385157	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	91511	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	293724	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	293697	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	91433	usd
CY2023Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	882015	usd
CY2022Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1001734	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	891757	usd
CY2022Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1023735	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2120433	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2400392	usd
CY2023Q2	us-gaap	Depreciation Depreciation	167942	usd
CY2022Q2	us-gaap	Depreciation Depreciation	93995	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	62542	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	69967	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	3242674	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	3588089	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2948977	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-3496656	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	1606216	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	1175030	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1606216	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1175030	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4555193	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-4671686	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
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CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5964709322	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4798657871	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	5964709322	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	4798657871	shares
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-20976357	usd
CY2022Q2	aitx	Issuance Cost IssuanceCost	117157	usd
CY2022Q2	aitx	Issuance Of Shares Net Of Inssuance Costs IssuanceOfSharesNetOfInssuanceCosts	1645222	usd
CY2022Q2	aitx	Rounding Shares RoundingShares	-1	usd
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CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-24002822	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-31843001	usd
CY2023Q2	aitx	Issuance Cost IssuanceCost	81285	usd
CY2023Q2	aitx	Issuance Of Shares Net Of Inssuance Costs IssuanceOfSharesNetOfInssuanceCosts	1318909	usd
CY2023Q2	aitx	Relative Fair Value Of Series F Warrants Issued With Loans Payable RelativeFairValueOfSeriesFWarrantsIssuedWithLoansPayable	947447	usd
CY2023Q2	aitx	Share Based Compensation1 ShareBasedCompensation1	52721	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4555193	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-34079117	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4555193	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-4671686	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	167942	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	93995	usd
CY2023Q2	aitx	Allowance For Loan And Leases Loss Recovery Of Bad Debts AllowanceForLoanAndLeasesLossRecoveryOfBadDebts	-16000	usd
CY2022Q2	aitx	Allowance For Loan And Leases Loss Recovery Of Bad Debts AllowanceForLoanAndLeasesLossRecoveryOfBadDebts	-105000	usd
CY2022Q2	aitx	Inventory Provision InventoryProvision	25000	usd
CY2023Q2	aitx	Reduction Of Right Of Use Asset ReductionOfRightOfUseAsset	28767	usd
CY2022Q2	aitx	Reduction Of Right Of Use Asset ReductionOfRightOfUseAsset	30046	usd
CY2023Q2	aitx	Accretion Of Lease Liability AccretionOfLeaseLiability	33775	usd
CY2022Q2	aitx	Accretion Of Lease Liability AccretionOfLeaseLiability	36355	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	115721	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	161500	usd
CY2023Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	557219	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	415029	usd
CY2023Q2	aitx	Increase In Related Party Accrued Payroll And Interest IncreaseInRelatedPartyAccruedPayrollAndInterest	36740	usd
CY2022Q2	aitx	Increase In Related Party Accrued Payroll And Interest IncreaseInRelatedPartyAccruedPayrollAndInterest	3240	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	142799	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	40251	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-74809	usd
CY2022Q2	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-126610	usd
CY2023Q2	aitx	Robot Parts Inventory RobotPartsInventory	324652	usd
CY2022Q2	aitx	Robot Parts Inventory RobotPartsInventory	283209	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-7354	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	101557	usd
CY2023Q2	aitx	Increase Decrease In Customer Discounts IncreaseDecreaseInCustomerDiscounts	26560	usd
CY2022Q2	aitx	Increase Decrease In Customer Discounts IncreaseDecreaseInCustomerDiscounts	-10000	usd
CY2023Q2	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-62542	usd
CY2022Q2	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-66401	usd
CY2023Q2	aitx	Increase Decrease In Current Portion Of Deferred Variable Payment Obligation IncreaseDecreaseInCurrentPortionOfDeferredVariablePaymentObligation	62634	usd
CY2022Q2	aitx	Increase Decrease In Current Portion Of Deferred Variable Payment Obligation IncreaseDecreaseInCurrentPortionOfDeferredVariablePaymentObligation	62627	usd
CY2023Q2	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	981370	usd
CY2022Q2	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	289016	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2991003	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3621572	usd
CY2023Q2	aitx	Purchase Of Fixed Assets PurchaseOfFixedAssets	3463	usd
CY2022Q2	aitx	Purchase Of Fixed Assets PurchaseOfFixedAssets	88214	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3463	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-88214	usd
CY2023Q2	aitx	Share Proceeds Net Of Issuance Costs ShareProceedsNetOfIssuanceCosts	1318909	usd
CY2022Q2	aitx	Share Proceeds Net Of Issuance Costs ShareProceedsNetOfIssuanceCosts	1645222	usd
CY2023Q2	aitx	Proceeds From Loans Payable ProceedsFromLoansPayable	1050000	usd
CY2023Q2	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	27000	usd
CY2022Q2	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	1661953	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2341909	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-16731	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-652557	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3726517	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	939759	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4648146	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	287202	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	921629	usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet	1375	usd
CY2022Q2	us-gaap	Interest Paid Net InterestPaidNet	342138	usd
CY2023Q2	aitx	Transfer From Device Parts Inventory To Revenu TransferFromDevicePartsInventoryToRevenu	-473122	usd
CY2023Q2	aitx	Discount Added To Face Value Of Loans DiscountAddedToFaceValueOfLoans	-150000	usd
CY2023Q2	aitx	Series F Warrants Issued As Part Of Debt Issuance SeriesFWarrantsIssuedAsPartOfDebtIssuance	-947447	usd
CY2023Q2	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_803_eus-gaap--NatureOfOperations_zylu7eaNQaf3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>1. <span id="xdx_824_z1kvx14SX1bb">GENERAL INFORMATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Artificial Intelligence Technology Solutions Inc. (“AITX” or the “Company”) was incorporated in Florida on March 25, 2010 and reincorporated in Nevada on February 17, 2015. On August 24, 2018, Artificial Intelligence Technology Solutions Inc., changed its name from On the Move Systems Corp (“OMVS”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Robotic Assistance Devices, LLC (“RAD”), was incorporated in the State of Nevada on July 26, 2016 as an LLC. On July 25, 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc., through the issuance of <span id="xdx_90D_eus-gaap--CommonStockSharesIssued_iI_pid_uShares_c20170725__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_z7Zw0rGrxlo3" title="Common stock, issued">10,000</span> common shares to its sole shareholder.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 28, 2017, AITX completed the acquisition of RAD (the “Acquisition”), whereby AITX acquired all the ownership and equity interest in RAD for <span id="xdx_906_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_zc2Dl4uHwtNh" title="Number of shares isuued under acquisition">3,350,000</span> shares of AITX Series E Preferred Stock and <span id="xdx_902_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_pid_uShares_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zsjNudJnYjS2" title="Number of shares isuued under acquisition">2,450</span> shares of Series F Convertible Preferred Stock. AITX’s prior business focus was transportation services, and AITX was exploring the on-demand logistics market by developing a network of logistics partnerships. As a result of the closing of the Acquisition, AITX has succeeded to the business of RAD. As a result, AITX’s business going forward will consist of one segment activity which is the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Acquisition was treated as a reverse recapitalization effected by a share exchange for financial accounting and reporting purposes since substantially all of AITX’s operations were disposed of as part of the consummation of the transaction. Therefore, no goodwill or other intangible assets were recorded by AITX as a result of the Acquisition. RAD is treated as the accounting acquirer as its stockholders control the Company after the Acquisition, even though AITX was the legal acquirer. As a result, the assets and liabilities and the historical operations that are reflected in these financial statements are those of RAD as if RAD had always been the reporting company.</p>
CY2023Q2	aitx	Net Cash Provided By Used In Operating Activities1 NetCashProvidedByUsedInOperatingActivities1	2991003	usd
CY2023Q2	aitx	Retained Earnings Accumulated Deficit1 RetainedEarningsAccumulatedDeficit1	116808904	usd
CY2023Q2	aitx	Working Capital WorkingCapital	21819216	usd
CY2023Q2	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_zsnicoTuRe23" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_867_z3BamQUMPWui">Use of Estimates</span> </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In order to prepare financial statements in conformity with accounting principles generally accepted in the United States, management must make estimates, judgements and assumptions that affect the amounts reported in the financial statements and determine whether contingent assets and liabilities, if any, are disclosed in the financial statements. The ultimate resolution of issues requiring these estimates and assumptions could differ significantly from resolution currently anticipated by management and on which the financial statements are based. The most significant estimates included in these consolidated financial statements are those associated with the assumptions used to value preferred stock and derivative liabilities.</p>
CY2023Q2	us-gaap	Loans Payable LoansPayable	32427346	usd
CY2023Q1	us-gaap	Loans Payable LoansPayable	31254345	usd
CY2023Q2	aitx	Allowance For Doubtful Accounts Percentage Of Accounts Receivable AllowanceForDoubtfulAccountsPercentageOfAccountsReceivable	0.51	pure
CY2022Q2	aitx	Allowance For Doubtful Accounts Percentage Of Accounts Receivable AllowanceForDoubtfulAccountsPercentageOfAccountsReceivable	0.59	pure
CY2023Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	195000	usd
CY2023Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	195000	usd
CY2023Q2	aitx	New Accounting Pronouncements Policy Policy Text Block1 NewAccountingPronouncementsPolicyPolicyTextBlock1	<p id="xdx_84F_ecustom--NewAccountingPronouncementsPolicyPolicyTextBlock1_zgEXYXbQoHKl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86F_znRsdQHkVJQj">Recently Issued Accounting Pronouncements</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Recently Adopted Accounting Standards</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In December 2019, the Financial Accounting Standards Board (FASB) issued amended guidance on the accounting and reporting of income taxes. The guidance is intended to simplify the accounting for income taxes by removing exceptions related to certain intraperiod tax allocations and deferred tax liabilities; clarifying guidance primarily related to evaluating the step-up tax basis for goodwill in a business combination; and reflecting enacted changes in tax laws or rates in the annual effective tax rate. The Company adopted the new guidance effective February 1, 2021. There was no impact to the Company’s consolidated financial statements upon adoption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2020, the FASB issued new guidance intended to clarify certain interactions between accounting standards related to equity securities, equity method investments and certain derivatives. The guidance addresses accounting for the transition into and out of the equity method of accounting and measuring certain purchased options and forward contracts to acquire investments. The Company adopted the new guidance effective February 1, 2021. There was no impact to the Company’s consolidated financial statements upon adoption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In August 2020, the FASB issued amended guidance on the accounting for convertible instruments and contracts in an entity’s own equity. The guidance removes the separation model for convertible debt instruments and preferred stock, amends requirements for conversion options to be classified in equity as well as amends diluted earnings per share (EPS) calculations for certain convertible debt instruments. The amended guidance is effective for interim and annual periods in 2022. The application of the amendments in the new guidance are to be applied either on a modified retrospective or a retrospective basis. We are currently assessing the effect that the adoption of this standard will have on the Company’s consolidated financial statements upon adoption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Recently Issued Accounting Standards Not Yet Adopted</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2020, the FASB issued optional guidance to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting and subsequently issued clarifying amendments. The guidance provides optional expedients and exceptions for accounting for contracts, hedging relationships, and other transactions that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. The optional guidance is effective upon issuance and can be applied on a prospective basis at any time between January 1, 2020 through December 31, 2022. The Company is currently evaluating the impact of adoption on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In October 2021, the FASB issued amended guidance that requires acquiring entities to recognize and measure contract assets and liabilities in a business combination in accordance with existing revenue recognition guidance. The amended guidance is effective for interim and annual periods in 2023 and is to be applied prospectively. Early adoption is permitted on a retrospective basis to the beginning of the fiscal year of adoption. The adoption of this guidance will not have a material impact on the Company’s consolidated financial statements for prior acquisitions; however, the impact in future periods will be dependent upon the contract assets and contract liabilities acquired in future business combinations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November 2021, the FASB issued new guidance to increase the transparency of transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy. The guidance requires annual disclosures of such transactions to include the nature of the transactions and the significant terms and conditions, the accounting treatment and the impact to the company’s financial statements. The guidance is effective for annual periods beginning in 2022 and is to be applied on either a prospective or retrospective basis. The Company is currently evaluating the impact of adoption on its consolidated financial statements.</p>
CY2023Q2	us-gaap	Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts	0	usd
CY2023Q1	us-gaap	Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts	0	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.57	pure
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.29	pure
CY2023Q2	us-gaap	Valuation Allowance Deferred Tax Asset Explanation Of Change ValuationAllowanceDeferredTaxAssetExplanationOfChange	The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%.
CY2023Q2	aitx	Incentives Compensation Plan Payable Revaluation Of Equity IncentivesCompensationPlanPayableRevaluationOfEquity	1042000	usd
CY2023Q1	aitx	Incentives Compensation Plan Payable Revaluation Of Equity IncentivesCompensationPlanPayableRevaluationOfEquity	979000	usd
CY2023Q2	aitx	Revenue From Device Rental Activities RevenueFromDeviceRentalActivities	238149	usd
CY2022Q2	aitx	Revenue From Device Rental Activities RevenueFromDeviceRentalActivities	239805	usd
CY2023Q2	aitx	Revenue From Direct Sales Of Goods And Services RevenueFromDirectSalesOfGoodsAndServices	147059	usd
CY2022Q2	aitx	Revenue From Direct Sales Of Goods And Services RevenueFromDirectSalesOfGoodsAndServices	145352	usd
CY2023Q2	us-gaap	Revenues Revenues	385208	usd
CY2022Q2	us-gaap	Revenues Revenues	385157	usd
CY2023Q2	aitx	Operating Lease Assets OperatingLeaseAssets	1179673	usd
CY2023Q1	aitx	Operating Lease Assets OperatingLeaseAssets	1208440	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	244169	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	248670	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	926274	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	950541	usd
CY2023Q2	aitx	Lease Liability LeaseLiability	1170443	usd
CY2023Q1	aitx	Lease Liability LeaseLiability	1199211	usd
CY2023Q2	aitx	Operating Lease Cost1 OperatingLeaseCost1	62542	usd
CY2023Q2	aitx	Rental Expense RentalExpense	62542	usd
CY2022Q2	aitx	Operating Lease Cost1 OperatingLeaseCost1	69967	usd
CY2022Q2	aitx	Rental Expense RentalExpense	69967	usd
CY2023Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	2459470	usd
CY2023Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	2015058	usd
CY2023Q2	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	902680	usd
CY2023Q1	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	779839	usd
CY2023Q2	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1556790	usd
CY2023Q1	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1235219	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	530063	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	497890	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	227103	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	182002	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	302960	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	315888	usd
CY2019Q2	us-gaap	Other Liabilities OtherLiabilities	604811	usd
CY2023Q2	us-gaap	Debt Default Longterm Debt Amount DebtDefaultLongtermDebtAmount	388226	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	542177	usd
CY2023Q1	us-gaap	Debt Default Longterm Debt Amount DebtDefaultLongtermDebtAmount	325600	usd
CY2021Q1	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	1925000	usd
CY2023Q1	aitx	Deferred Payment Obligation Receive DeferredPaymentObligationReceive	0	usd
CY2022Q1	aitx	Deferred Payment Obligation Receive DeferredPaymentObligationReceive	0	usd
CY2023Q2	aitx	Deferred Payment Obligation Receive DeferredPaymentObligationReceive	0	usd
CY2023Q2	us-gaap	Other Liabilities OtherLiabilities	388227	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	542177	usd
CY2023Q2	us-gaap	Debt Default Longterm Debt Amount DebtDefaultLongtermDebtAmount	388226	usd
CY2023Q1	us-gaap	Debt Default Longterm Debt Amount DebtDefaultLongtermDebtAmount	325600	usd
CY2023Q2	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	usd
CY2022Q2	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	usd
CY2023Q2	aitx	Loan Payable Related Party1 LoanPayableRelatedParty1	243256	usd
CY2023Q1	aitx	Loan Payable Related Party1 LoanPayableRelatedParty1	206516	usd
CY2023Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	139250	usd
CY2023Q2	aitx	Percentage Of Interest Expense Due To Related Party PercentageOfInterestExpenseDueToRelatedParty	0.12	pure
CY2023Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	108000	usd
CY2023	aitx	Deferred Salary Payable Related Party DeferredSalaryPayableRelatedParty	108000	usd
CY2023	aitx	Percentage Of Interest Expense Due To Related Party PercentageOfInterestExpenseDueToRelatedParty	0.12	pure
CY2023Q2	aitx	Interest Accrued Related Party InterestAccruedRelatedParty	19275	usd
CY2022	aitx	Interest Accrued Related Party InterestAccruedRelatedParty	15660	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	882015	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	1001734	usd
CY2022Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	0	usd
CY2021Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	0	usd
CY2022Q2	aitx	Proceeds Of Disposal Of Vehicle Offset Against Vehicle Loan ProceedsOfDisposalOfVehicleOffsetAgainstVehicleLoan	18766	usd
CY2022Q2	aitx	Remaining Asset Value RemainingAssetValue	5515	usd
CY2022Q2	aitx	Reclassification Of Fixed Assets To Vehicle For Disposal ReclassificationOfFixedAssetsToVehicleForDisposal	13251	usd
CY2023Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	32427346	usd
CY2023Q2	aitx	Long Term Notes Payable Non Current LongTermNotesPayableNonCurrent	-17569985	usd
CY2023Q2	aitx	Discount On Long Term Notes Payable Non Current DiscountOnLongTermNotesPayableNonCurrent	-4973120	usd
CY2023Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	9884241	usd
CY2023Q2	aitx	Long Term Notes Payable Current LongTermNotesPayableCurrent	17569985	usd
CY2023Q2	aitx	Discount On Long Term Notes Payable Current DiscountOnLongTermNotesPayableCurrent	-1348996	usd
CY2023Q2	us-gaap	Notes Payable Current NotesPayableCurrent	16220989	usd
CY2023Q2	dei	Entity Address Address Description EntityAddressAddressDescription	the Company entered into a 15-month lease agreement for office space at 18009 Sky Park Circle Suite E, Irvine CA, 92614, commencing on December 18, 2020 through to March 31, 2022 with a minimum base rent of $3,859 per month.
CY2020Q4	us-gaap	Security Deposit SecurityDeposit	3859	usd
CY2023Q2	aitx	Entity Address Address Description1 EntityAddressAddressDescription1	the Company entered into a 10 year lease agreement for q manufacturing facility at 10800 Galaxie Avenue, Ferndale, Michigan, 48220, commencing on May 1, 2021 through to April 30, 2031 with a minimum base rent of $15,880 per month.
CY2021Q1	us-gaap	Payments For Rent PaymentsForRent	15880	usd
CY2021Q1	us-gaap	Security Deposit SecurityDeposit	15880	usd
CY2023Q2	aitx	Entity Address Address Description2 EntityAddressAddressDescription2	the Company entered into a 3-year lease agreement for a vehicle commencing September 30, 2021 through to April 30, 2031 with a minimum base rent of $1,538 per month. The Company paid a down payment of $18,462.
CY2023Q2	aitx	Entity Address Address Description3 EntityAddressAddressDescription3	the Company entered into a 2-year lease agreement for office space at 1516 E Edinger, Santa Ana, California, 92705, commencing on February 1, 2022 through to January 31, 2024 with a minimum base rent of $1,500 per month.
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	1500	usd
CY2022Q1	us-gaap	Security Deposit SecurityDeposit	1500	usd
CY2023Q2	aitx	Lease Cost And Rental Expense LeaseCostAndRentalExpense	62542	usd
CY2022Q2	aitx	Lease Cost And Rental Expense LeaseCostAndRentalExpense	69967	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Rolling Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths	244169	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Two LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo	213711	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Three LessorOperatingLeasePaymentsToBeReceivedRollingYearThree	207558	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Four LessorOperatingLeasePaymentsToBeReceivedRollingYearFour	207557	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Rolling Year Five LessorOperatingLeasePaymentsToBeReceivedRollingYearFive	207558	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received After Rolling Year Five LessorOperatingLeasePaymentsToBeReceivedAfterRollingYearFive	605378	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	1685931	usd
CY2023Q2	aitx	Lessor Operating Lease Payments To Be Received Less Interest LessorOperatingLeasePaymentsToBeReceivedLessInterest	515488	usd
CY2023Q2	aitx	Operating Lease Right Of Use Asset1 OperatingLeaseRightOfUseAsset1	1170443	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4555193	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-4671686	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-4555193	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-4671686	usd
CY2023Q2	aitx	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	5964709322	shares
CY2022Q2	aitx	Weighted Average Number Of Shares Outstanding Basic1 WeightedAverageNumberOfSharesOutstandingBasic1	4798657871	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	396917451	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1223938916	shares
CY2023Q2	aitx	Convertible Preferred Stock Shares Issued Upon Conversion F Shares ConvertiblePreferredStockSharesIssuedUponConversionFShares	21147364222	shares
CY2022Q2	aitx	Convertible Preferred Stock Shares Issued Upon Conversion F Shares ConvertiblePreferredStockSharesIssuedUponConversionFShares	16798367179	shares

Files In Submission

Name	View Source	Status
0001161697-23-000408-index-headers.html	Edgar Link	pending
0001161697-23-000408-index.html	Edgar Link	pending
0001161697-23-000408.txt	Edgar Link	pending
0001161697-23-000408-xbrl.zip	Edgar Link	pending
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$AITX
Artificial Intelligence Technology Solutions Inc. Stock $aitx

2023 Q3 Form 10-Q Financial Statement

#000116169723000408 Filed on July 17, 2023

Income Statement

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$AITX Artificial Intelligence Technology Solutions Inc. Stock $aitx

2023 Q3 Form 10-Q Financial Statement

#000116169723000408 Filed on July 17, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AITX
Artificial Intelligence Technology Solutions Inc. Stock $aitx