AITX restates May-quarter filing to correct authorized common stock disclosure error

ARTIFICIAL INTELLIGENC TECH SOL INC

ARTIFICIAL INTELLIGENC TECH SOL INC

AITX

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  • Artificial Intelligence Technology Solutions filed an amended quarterly report with restated disclosures for the quarter ended May 31, 2026.
  • The filing corrected an earlier statement on authorized common stock, leaving results such as assets, liabilities, revenue, net loss, equity, and EPS unchanged.
  • Authorized common stock stayed at 27,500,000,000 shares through May 31, 2026, then dropped to 12,000,000,000 effective July 15, 2026.
  • Net loss was $5.72 million on revenue of $1.83 million for the quarter.
  • Disclosure controls and procedures were deemed ineffective as of May 31, 2026, tied to a material weakness in financial statement disclosure controls.


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