AITX cuts Aug operating cash payments ~14% MoM; on track for $200K monthly savings

Artificial Intelligence Technology Solutions Inc.

August selected cash payments ~$900,400 vs ~$1.042M in July, a ~14% sequential decline (~$141,500).
Reductions led by payroll, consulting/professional fees, sales & marketing; plan targets $200K monthly cash SG&A cut by Dec 2026.
Management says plan progressing faster than expected; expects remaining actions substantially implemented by Dec 31, 2026.
Figures are preliminary, unaudited; company still has going-concern doubts and needs external financing.

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