AITX announces cost reduction plan targeting $2.4M annualized SG&A savings, aims for positive cash flow by Dec 2026

Artificial Intelligence Technology Solutions Inc.

Expects ~$200K/month reduction in cash SG&A, annualized run-rate savings of ~$2.4M, fully effective by Dec 2026.
Q1 FY2027 operating expenses $3.89M, down 12% YoY from $4.41M.
Company targets positive monthly cash flow from operations by Dec 31, 2026.
Plan committed by CEO on Aug 1, 2026, under Board authority.

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