Home / Going-concern warnings / Artificial Intelligence Technology Solutions Inc.
Filed 2025-05-29 路 Form 10-K 路 Accession 0001641172-25-012903 nano
Price before filing: $0.125 (2025-05-28 close, split/dividend-adjusted)
Market cap at flag: $22.9M (2025-05-29) 路 Latest: $519,302 (2026-10-16)
| Window | AITX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -4.0% | +5.4% | -9.4% | 2025-06-30 |
| 90 days | -28.0% | +10.3% | -38.3% | 2025-08-27 |
| 180 days | -36.0% | +15.5% | -51.5% | 2025-11-25 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-28 to 2025-06-28. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As discussed in Note 1 to the financial statements, the Company had negative cash flow from operating activities of approximately $12.2 million, an accumulated deficit of approximately $156.5 million and negative working capital of approximately $2.5 million as of and for the year ended February 28, 2025, which raises substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Going-concern opinion issued by: L J Soldinger Associates, LLC
Source: independent auditor report in Form 10-K (period 2025-02-28)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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