$AITX
Artificial Intelligence Technology Solutions Inc.
Stock
$aitx
2024 Q3 Form 10-Q Financial Statement
#000149315224027824 Filed on July 15, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
Revenue | $1.344M | $1.183M | $385.2K |
YoY Change | 247.91% | 207.05% | 0.01% |
Cost Of Revenue | $785.0K | $295.6K | $91.51K |
YoY Change | 781.84% | 223.02% | -68.84% |
Gross Profit | $559.2K | $887.2K | $293.7K |
YoY Change | 88.07% | 202.08% | 221.22% |
Gross Profit Margin | 41.6% | 75.01% | 76.24% |
Selling, General & Admin | $2.782M | $2.183M | |
YoY Change | 27.45% | -11.63% | |
% of Gross Profit | 313.59% | 743.27% | |
Research & Development | $677.4K | $640.7K | $891.8K |
YoY Change | -14.74% | -28.15% | -12.89% |
% of Gross Profit | 121.14% | 72.22% | 303.63% |
Depreciation & Amortization | $107.8K | $297.5K | $167.9K |
YoY Change | -43.59% | 77.18% | 78.67% |
% of Gross Profit | 19.27% | 33.54% | 57.18% |
Operating Expenses | $3.173M | $3.720M | $3.243M |
YoY Change | -5.07% | 14.73% | -9.63% |
Operating Profit | -$2.614M | -$2.833M | -$2.949M |
YoY Change | -14.17% | -3.92% | -15.66% |
Interest Expense | -$1.361M | -$1.606M | |
YoY Change | -15.26% | -236.7% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.316M | -$1.361M | -$1.606M |
YoY Change | -23.22% | -15.26% | 36.7% |
Pretax Income | -$4.194M | -$4.555M | |
YoY Change | -7.92% | -2.49% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.930M | -$4.194M | -$4.555M |
YoY Change | -17.43% | -7.92% | -2.49% |
Net Earnings / Revenue | -292.39% | -354.61% | -1182.52% |
Basic Earnings Per Share | $0.00 | $0.00 | $0.00 |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 11.16B shares | 10.32B shares | 6.118B shares |
Diluted Shares Outstanding | 11.18B shares | 9.882B shares | 5.965B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $193.1K | $287.2K | |
YoY Change | -32.76% | -68.84% | |
Cash & Equivalents | $543.1K | $193.1K | $287.2K |
Short-Term Investments | |||
Other Short-Term Assets | $454.2K | $521.5K | |
YoY Change | -12.91% | 62.88% | |
Inventory | $2.063M | $1.830M | $1.489M |
Prepaid Expenses | $552.7K | $454.2K | $521.5K |
Receivables | $650.3K | $616.5K | $391.8K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $4.090M | $3.094M | $2.690M |
YoY Change | -1.16% | 15.03% | -16.35% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $258.2K | $278.9K | $3.039M |
YoY Change | -21.43% | -90.82% | 1353.57% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $65.88K | $71.24K | |
YoY Change | -7.52% | 235.4% | |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $5.125M | $4.832M | $3.138M |
YoY Change | 53.83% | 53.99% | 32.52% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.090M | $3.094M | $2.690M |
Total Long-Term Assets | $5.125M | $4.832M | $3.138M |
Total Assets | $9.215M | $7.926M | $5.828M |
YoY Change | 23.37% | 36.0% | 4.37% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.012M | $1.336M | |
YoY Change | 50.57% | 24.81% | |
Accrued Expenses | $7.710M | $4.986M | |
YoY Change | 54.64% | 1892.85% | |
Deferred Revenue | $363.6K | $62.23K | $36.46K |
YoY Change | 947.82% | 70.69% | |
Short-Term Debt | $1.594K | $1.594K | $0.00 |
YoY Change | 0.0% | -100.0% | |
Long-Term Debt Due | $23.46M | $17.62M | $16.50M |
YoY Change | 19.08% | 6.77% | 6912.91% |
Total Short-Term Liabilities | $37.08M | $28.75M | $24.51M |
YoY Change | 28.96% | 17.3% | 843.46% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $14.96M | $9.884M | |
YoY Change | 51.36% | -50.74% | |
Other Long-Term Liabilities | $9.869M | $5.513M | |
YoY Change | 79.01% | -20.35% | |
Total Long-Term Liabilities | $24.83M | $15.40M | |
YoY Change | 61.26% | -42.95% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $37.08M | $28.75M | $24.51M |
Total Long-Term Liabilities | $24.83M | $15.40M | |
Total Liabilities | $54.69M | $53.58M | $39.91M |
YoY Change | 32.04% | 34.26% | 34.88% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$145.7M | -$141.4M | -$116.8M |
YoY Change | 19.84% | 21.02% | 18.21% |
Common Stock | $117.1K | $103.2K | $61.30K |
YoY Change | 66.29% | 68.34% | 25.89% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$45.47M | -$45.91M | -$34.08M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.215M | $7.926M | $5.828M |
YoY Change | 23.37% | 36.0% | 4.37% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.930M | -$4.194M | -$4.555M |
YoY Change | -17.43% | -7.92% | -2.49% |
Depreciation, Depletion And Amortization | $107.8K | $297.5K | $167.9K |
YoY Change | -43.59% | 77.18% | 78.67% |
Cash From Operating Activities | -$3.046M | -$2.991M | |
YoY Change | 1.83% | -17.41% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $19.13K | $3.460K | |
YoY Change | 452.95% | -103.92% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$21.73K | -$3.460K | |
YoY Change | 527.98% | -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 | $3.155M | 2.342M | |
YoY Change | 34.71% | -14097.43% | |
NET CHANGE | |||
Cash From Operating Activities | -$3.046M | -2.991M | |
Cash From Investing Activities | -$21.73K | -3.460K | |
Cash From Financing Activities | $3.155M | 2.342M | |
Net Change In Cash | $87.18K | -652.6K | |
YoY Change | -113.36% | -82.49% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.046M | -$2.991M | |
Capital Expenditures | $19.13K | $3.460K | |
Free Cash Flow | -$3.065M | -$2.994M | |
YoY Change | 2.35% | -15.25% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Security Deposit
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|
15880 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
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CY2024Q2 | us-gaap |
Short Term Borrowings
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CY2024Q2 | us-gaap |
Prepaid Expense Current
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454158 | usd |
CY2024Q2 | us-gaap |
Assets Current
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Cash
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Accounts Receivable Net Current
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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Operating Lease Liability Noncurrent
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Assets Current
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Operating Lease Right Of Use Asset
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Loans Payable Current
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Long Term Loans Payable
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Security Deposit
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Accounts Payable And Accrued Liabilities Current
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Short Term Borrowings
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Depreciation
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Q1 | |
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Current Fiscal Year End Date
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2025 | |
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Preferred Stock Value
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Stock Issued During Period Value Redemption Of Preferred Shares
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Inventory Provision
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Payments To Acquire Intangible Assets
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Proceeds From Issuance Of Preferred Stock And Preference Stock
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Entity File Number
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000-55079 | |
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Entity Registrant Name
EntityRegistrantName
|
ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. | |
CY2024Q2 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
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Entity Tax Identification Number
EntityTaxIdentificationNumber
|
27-2343603 | |
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Entity Address Address Line1
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10800 Galaxie Avenue | |
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Entity Address City Or Town
EntityAddressCityOrTown
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Ferndale | |
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Entity Address State Or Province
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MI | |
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Entity Address Postal Zip Code
EntityAddressPostalZipCode
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48220 | |
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City Area Code
CityAreaCode
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Local Phone Number
LocalPhoneNumber
|
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Entity Current Reporting Status
EntityCurrentReportingStatus
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Entity Interactive Data Current
EntityInteractiveDataCurrent
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Entity Filer Category
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Revenue Earning Robots Net Of Accumulated Depreciation
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|
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Property Plant And Equipment Net
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Assets
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Contract With Customer Liability Current
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Discount Of Current Portion Of Loans Payable
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Cumulative Dividend Payable Percentage
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|
99086 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Shares Subscribed But Unissued Value
PreferredStockSharesSubscribedButUnissuedValue
|
99086 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-141361177 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-132962427 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-45912103 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-40199557 | usd |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7925853 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7596791 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1182800 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
385208 | usd |
CY2024Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
295593 | usd |
CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
11342 | usd |
CY2024Q2 | us-gaap |
Gross Profit
GrossProfit
|
887207 | usd |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
373866 | usd |
CY2024Q2 | AITX |
Research And Development Including Related Party Charges
ResearchAndDevelopmentIncludingRelatedPartyCharges
|
631584 | usd |
CY2023Q2 | AITX |
Research And Development Including Related Party Charges
ResearchAndDevelopmentIncludingRelatedPartyCharges
|
882015 | usd |
CY2024Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
640710 | usd |
CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
891757 | usd |
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2720191 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2200602 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
297549 | usd |
CY2024Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
62013 | usd |
CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
62542 | usd |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3720463 | usd |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3322843 | usd |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2833256 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2948977 | usd |
CY2024Q2 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
1361103 | usd |
CY2023Q2 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
1606216 | usd |
CY2024Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1361103 | usd |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1606216 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4194359 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4555193 | usd |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9882118105 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5964709322 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9882118105 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
5964709322 | shares |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-31843001 | usd |
CY2023Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
81285 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1318909 | usd |
CY2023Q2 | AITX |
Relative Fair Value Of Series F Warrants Issued With Debt
RelativeFairValueOfSeriesFWarrantsIssuedWithDebt
|
947447 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
52721 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4555193 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-40199557 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-40199557 | usd |
CY2024Q2 | AITX |
Cumulative Effect Adjustment Rfvdiscount
CumulativeEffectAdjustmentRfvdiscount
|
-4175535 | usd |
CY2024Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
116046 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2682593 | usd |
CY2024Q2 | AITX |
Stock Issued During Period Value Shares Issued
StockIssuedDuringPeriodValueSharesIssued
|
-82000 | usd |
CY2024Q2 | AITX |
Stock Issued During Period Value Shares Issued Commitment Fee
StockIssuedDuringPeriodValueSharesIssuedCommitmentFee
|
-24000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
2568 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
83323 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4194359 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-45912103 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-45912103 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4194359 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4555193 | usd |
CY2024Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
297549 | usd |
CY2023Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
167942 | usd |
CY2024Q2 | AITX |
Allowance For Loan And Leases Loss Recovery Of Bad Debts
AllowanceForLoanAndLeasesLossRecoveryOfBadDebts
|
13000 | usd |
CY2023Q2 | AITX |
Allowance For Loan And Leases Loss Recovery Of Bad Debts
AllowanceForLoanAndLeasesLossRecoveryOfBadDebts
|
16000 | usd |
CY2024Q2 | AITX |
Inventory Provision
InventoryProvision
|
210000 | usd |
CY2024Q2 | AITX |
Reduction Of Right Of Use Asset
ReductionOfRightOfUseAsset
|
31425 | usd |
CY2023Q2 | AITX |
Reduction Of Right Of Use Asset
ReductionOfRightOfUseAsset
|
28767 | usd |
CY2024Q2 | AITX |
Accretion Of Lease Liability
AccretionOfLeaseLiability
|
31065 | usd |
CY2023Q2 | AITX |
Accretion Of Lease Liability
AccretionOfLeaseLiability
|
33775 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
83323 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
115721 | usd |
CY2024Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
27625 | usd |
CY2023Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
557219 | usd |
CY2024Q2 | AITX |
Increase In Related Party Accrued Payroll And Interest
IncreaseInRelatedPartyAccruedPayrollAndInterest
|
17575 | usd |
CY2023Q2 | AITX |
Increase In Related Party Accrued Payroll And Interest
IncreaseInRelatedPartyAccruedPayrollAndInterest
|
36740 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-126620 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
142799 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-167562 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-74809 | usd |
CY2024Q2 | AITX |
Robot Parts Inventory
RobotPartsInventory
|
1070087 | usd |
CY2023Q2 | AITX |
Robot Parts Inventory
RobotPartsInventory
|
324652 | usd |
CY2024Q2 | AITX |
Increase Decrease In Accounts Payables And Accrued Liabilities
IncreaseDecreaseInAccountsPayablesAndAccruedLiabilities
|
-21083 | usd |
CY2023Q2 | AITX |
Increase Decrease In Accounts Payables And Accrued Liabilities
IncreaseDecreaseInAccountsPayablesAndAccruedLiabilities
|
-7354 | usd |
CY2024Q2 | AITX |
Increase Decrease In Customer Discounts
IncreaseDecreaseInCustomerDiscounts
|
-11469 | usd |
CY2023Q2 | AITX |
Increase Decrease In Customer Discounts
IncreaseDecreaseInCustomerDiscounts
|
26560 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-58715 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-62542 | usd |
CY2024Q2 | AITX |
Increase Decrease In Current Portion Of Deferred Variable Payment Obligation
IncreaseDecreaseInCurrentPortionOfDeferredVariablePaymentObligation
|
192323 | usd |
CY2023Q2 | AITX |
Increase Decrease In Current Portion Of Deferred Variable Payment Obligation
IncreaseDecreaseInCurrentPortionOfDeferredVariablePaymentObligation
|
62634 | usd |
CY2024Q2 | AITX |
Increase Decrease In Interest Payable
IncreaseDecreaseInInterestPayable
|
1111815 | usd |
CY2023Q2 | AITX |
Increase Decrease In Interest Payable
IncreaseDecreaseInInterestPayable
|
981370 | usd |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3045831 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2991003 | usd |
CY2024Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19132 | usd |
CY2023Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3463 | usd |
CY2024Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2596 | usd |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21728 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3463 | usd |
CY2024Q2 | AITX |
Share Proceeds Net Of Issuance Costs
ShareProceedsNetOfIssuanceCosts
|
2682592 | usd |
CY2023Q2 | AITX |
Share Proceeds Net Of Issuance Costs
ShareProceedsNetOfIssuanceCosts
|
1318909 | usd |
CY2024Q2 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
278000 | usd |
CY2024Q2 | AITX |
Redemption Of Series B Shares
RedemptionOfSeriesBShares
|
128856 | usd |
CY2024Q2 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
350000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
1050000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
27000 | usd |
CY2023Q2 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
27000 | usd |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3154736 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2341909 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
87177 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-652557 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
105926 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
939759 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
193103 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
287202 | usd |
CY2024Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
25015 | usd |
CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1375 | usd |
CY2024Q2 | AITX |
Transfer From Device Parts Inventory To Revenue
TransferFromDevicePartsInventoryToRevenue
|
-1161219 | usd |
CY2023Q2 | AITX |
Transfer From Device Parts Inventory To Revenue
TransferFromDevicePartsInventoryToRevenue
|
-473122 | usd |
CY2024Q2 | AITX |
Cumulative Effect Adjustment Rfvdiscount Non Cash
CumulativeEffectAdjustmentRfvdiscountNonCash
|
-4175535 | usd |
CY2024Q2 | AITX |
Series B Preferred Shares Issued As Dividend
SeriesBPreferredSharesIssuedAsDividend
|
2568 | usd |
CY2023Q2 | AITX |
Discount Added To Face Value Of Loans
DiscountAddedToFaceValueOfLoans
|
-150000 | usd |
CY2023Q2 | AITX |
Series F Warrants Issued Along With Debt
SeriesFWarrantsIssuedAlongWithDebt
|
947447 | usd |
CY2024Q2 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80B_eus-gaap--NatureOfOperations_zt6B9ng0alje" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_826_z08F4MgVaDa3">GENERAL INFORMATION</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Robotic Assistance Devices, LLC (“RAD”), was incorporated in the State of Nevada on July 26, 2016 as a Limited Liability Company. On July 25, 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc., through the issuance of <span id="xdx_907_eus-gaap--CommonStockSharesIssued_iI_c20170725__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zx2qHyxxfif3" title="Common stock, issued">10,000</span> common shares to its sole shareholder.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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_90B_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_z0RSFKYB3B34" title="Number of shares isuued under acquisition">3,350,000</span> shares of AITX Series E Preferred Stock and <span id="xdx_907_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_z7he2JOFlTfe" 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 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, and 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3045831 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-141361177 | usd |
CY2024Q2 | AITX |
Working Capital
WorkingCapital
|
-25655546 | usd |
CY2024Q2 | us-gaap |
Common Stocks Including Additional Paid In Capital Net Of Discount
CommonStocksIncludingAdditionalPaidInCapitalNetOfDiscount
|
16000000 | usd |
CY2024Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_844_eus-gaap--UseOfEstimates_zoUEQCMJtLE5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_867_z4W3fJEIuYif">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84C_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zUHHrfVsUMt6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_862_zHgCUfJQnq51">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain amounts in the Company’s consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> | |
CY2024Q2 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zDQnJZD6SOz6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86B_zgB617AgHmdc">Concentrations</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Loans payable </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At May 31, 2024 there were $<span id="xdx_901_eus-gaap--LoansPayable_iI_pp0p0_c20240531_zDSVbr5hpeLd" title="Loans payable">33,119,346</span> of loans payable, $<span id="xdx_908_eus-gaap--LoanPortfolioExpense_pp0p0_c20240301__20240531__srt--TitleOfIndividualAxis__srt--ControllerMember_zHLGiekzqnL6" title="Loans additions">28,890,506</span> or <span id="xdx_90B_eus-gaap--LoansReceivableBasisSpreadOnVariableRate_iI_pid_dp_c20240531__srt--TitleOfIndividualAxis__srt--ControllerMember_zRE2akmjs7cj" title="Loans percentage">87%</span> of these loans to companies controlled by one individual. At February 29, 2024 there were $<span id="xdx_90D_eus-gaap--LoansPayable_iI_pp0p0_c20240229_zOfnJKm7LUT3" title="Loans payable">32,796,345</span> of loans payable, $<span id="xdx_907_eus-gaap--LoanPortfolioExpense_pp0p0_c20230301__20240229__srt--TitleOfIndividualAxis__srt--ControllerMember_z0RLjAZI0I5e" title="Loans additions">28,540,506</span> or <span id="xdx_90E_eus-gaap--LoansReceivableBasisSpreadOnVariableRate_iI_dp_uPure_c20240229__srt--TitleOfIndividualAxis__srt--ControllerMember_zPMxvs0hbQfi" title="Loans percentage">87%</span> of these loans to companies controlled by the same individual.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
33119346 | usd |
CY2024Q1 | us-gaap |
Loans Payable
LoansPayable
|
32796345 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
81000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
68000 | usd |
CY2024Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1169000 | usd |
CY2024Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
959000 | usd |
CY2024Q2 | us-gaap |
Intermediate Life Plants Useful Life
IntermediateLifePlantsUsefulLife
|
P48M | |
CY2024Q2 | us-gaap |
Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
0 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
0 | usd |
CY2024Q2 | 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% | |
CY2024Q2 | AITX |
Incentives Compensation Plan Payable Revaluation Of Equity
IncentivesCompensationPlanPayableRevaluationOfEquity
|
2500000 | usd |
CY2024Q1 | AITX |
Incentives Compensation Plan Payable Revaluation Of Equity
IncentivesCompensationPlanPayableRevaluationOfEquity
|
2500000 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4175535 | usd |
CY2024Q2 | AITX |
Revenue From Device Rental Activities
RevenueFromDeviceRentalActivities
|
980536 | usd |
CY2023Q2 | AITX |
Revenue From Device Rental Activities
RevenueFromDeviceRentalActivities
|
238149 | usd |
CY2024Q2 | AITX |
Revenue From Direct Sales Of Goods And Services
RevenueFromDirectSalesOfGoodsAndServices
|
202264 | usd |
CY2023Q2 | AITX |
Revenue From Direct Sales Of Goods And Services
RevenueFromDirectSalesOfGoodsAndServices
|
147059 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1182800 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
385208 | usd |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P12M | |
CY2024Q2 | AITX |
Operating Lease Assets
OperatingLeaseAssets
|
1105225 | usd |
CY2024Q1 | AITX |
Operating Lease Assets
OperatingLeaseAssets
|
1139188 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
231141 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
237653 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
864447 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
889360 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1095588 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1127013 | usd |
CY2024Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
62013 | usd |
CY2023Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
62542 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
4561021 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
3432846 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
1209072 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
952844 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
3351949 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
2480002 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
670130 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
617953 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
391199 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
349878 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
278931 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
268075 | usd |
CY2024Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
1096700 | usd |
CY2024Q2 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
604811 | usd |
CY2024Q1 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
904377 | usd |
CY2024Q1 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
542176 | usd |
CY2021Q1 | us-gaap |
Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
|
1925000 | usd |
CY2024Q2 | AITX |
Deferred Payment Obligation Receive
DeferredPaymentObligationReceive
|
0 | usd |
CY2024 | AITX |
Deferred Payment Obligation Receive
DeferredPaymentObligationReceive
|
0 | usd |
CY2024Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
36974 | usd |
CY2024 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
32468 | usd |
CY2024Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
631584 | usd |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
882015 | usd |
CY2022Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
0 | usd |
CY2021Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
0 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
33119346 | usd |
CY2024Q2 | AITX |
Long Term Notes Payable Non Current
LongTermNotesPayableNonCurrent
|
-17619985 | usd |
CY2024Q2 | AITX |
Discount On Long Term Notes Payable Non Current
DiscountOnLongTermNotesPayableNonCurrent
|
-538143 | usd |
CY2024Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
14961218 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
17619985 | usd |
CY2024Q2 | AITX |
Discount On Long Term Notes Payable Current
DiscountOnLongTermNotesPayableCurrent
|
-65629 | usd |
CY2024Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
17554356 | usd |
CY2024Q2 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
2568 | usd |
CY2024Q2 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
107.38 | shares |
CY2024Q2 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
128856 | usd |
CY2024Q2 | AITX |
Deemed Dividends
DeemedDividends
|
28856 | usd |
CY2024Q2 | AITX |
Rent Expense And Operating Lease Cost
RentExpenseAndOperatingLeaseCost
|
62013 | usd |
CY2023Q2 | AITX |
Rent Expense And Operating Lease Cost
RentExpenseAndOperatingLeaseCost
|
62542 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
231141 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
231141 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
225348 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
225348 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
219418 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
219418 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
207557 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
207557 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
207558 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
207558 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
397820 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
397820 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1488842 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
393254 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1095588 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4194359 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4555193 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4194359 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4555193 | usd |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9882118105 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5964709322 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9882118105 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
5964709322 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
36146449661 | shares |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
396917451 | shares |