secwatch.observer — SEC 8-K summary
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Issuer:     Artificial Intelligence Technology Solutions Inc. (AITX)
CIK:        0001498148
Form:       8-K
Filed at:   2026-07-15T10:01:39+00:00
Accession:  0001062993-26-003663
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AITX Q1 FY2027 revenue $1.83M, down 1% YoY; ex-largest customer up 52%
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- Revenue $1.83M, down ~1% YoY; revenue ex-largest customer $1.46M, up 52% YoY and 16% sequentially.
- Operating loss narrowed to $2.71M from $3.18M YoY; operating expenses down 12% to $3.89M.
- Net loss $5.72M vs $4.59M YoY due to $3.0M non-operating costs; EPS $(0.02) vs $(0.03).
- June recurring monthly revenue up 15% MoM; initial SARA activations contributed ~$10k; two ROAMEOs billing.
- Q2 FY2027 revenue expected to exceed Q1 by >10%; targeting positive monthly operating cash flow in calendar 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498148/000106299326003663/0001062993-26-003663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498148/000106299326003663/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-003663

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