Artificial Intelligence Technology Solutions Inc. (AITX)

Accolade Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Cash & Equivalents	0.32	0.87	0.11	0.94	4.65	1.04
Cash & Short-Term Investments	0.32	0.87	0.11	0.94	4.65	1.04
Cash Growth	68.23%	717.53%	-88.73%	-79.78%	345.05%	7748.64%
Accounts Receivable	0.89	1.37	0.76	0.27	0.43	0.1
Other Receivables	0.27	0.42	-	-	-	-
Receivables	1.16	1.79	0.76	0.27	0.43	0.1
Inventory	1.15	1.58	2.13	1.64	1.53	0.06
Prepaid Expenses	0.69	0.79	0.62	0.6	0.44	-
Total Current Assets	3.32	5.03	3.62	3.44	7.05	1.21
Property, Plant & Equipment	6.29	5.81	3.89	2.76	2.18	0.36
Long-Term Investments	0.1	0.1	0.05	0.05	-	-
Other Intangible Assets	0.03	0.03	0.03	0.03	0.03	-
Other Long-Term Assets	0.02	0.02	0.02	0.02	0.02	0
Total Assets	9.76	10.99	7.6	6.3	9.28	1.57
Accounts Payable	2.65	2.12	2.03	1.34	0.97	1.37
Accrued Expenses	1.06	2.42	4.98	2.76	1.74	0.24
Short-Term Debt	0.34	0.33	0.26	0.21	0.19	0.9
Current Portion of Long-Term Debt	0.52	0.52	13.23	9.96	1.05	1.18
Current Portion of Leases	0.22	0.2	0.24	0.25	0.25	0.04
Current Unearned Revenue	0.09	0.09	0.07	0.01	0.01	0.01
Other Current Liabilities	2.2	1.9	0.9	0.54	0.33	0.66
Total Current Liabilities	7.08	7.58	21.72	15.07	4.55	4.41
Long-Term Debt	30.71	31.92	14.8	15.55	20.31	8.87
Long-Term Leases	0.81	0.81	0.89	0.95	1.06	0
Other Long-Term Liabilities	21.27	20.21	10.39	6.56	4.34	2.83
Total Liabilities	59.86	60.51	47.8	38.14	30.26	16.11
Common Stock	0.17	0.14	0.09	0.06	0.05	0.03
Additional Paid-In Capital	110.3	106.32	92.57	80.25	73.02	16.76
Retained Earnings	-161.09	-156.5	-132.96	-112.25	-94.14	-31.52
Total Common Equity	-50.62	-50.04	-40.3	-31.95	-21.08	-14.72
Shareholders' Equity	-50.1	-49.53	-40.2	-31.84	-20.98	-14.54
Total Liabilities & Equity	9.76	10.99	7.6	6.3	9.28	1.57
Total Debt	32.59	33.78	29.41	26.92	22.86	11
Net Cash (Debt)	-32.26	-32.91	-29.31	-25.98	-18.21	-9.96
Net Cash Per Share	-0.00	-0.00	-0.00	-0.01	-0.00	-0.01
Filing Date Shares Outstanding	18,297	16,747	9,944	6,118	4,833	3,546
Total Common Shares Outstanding	16,997	14,412	9,239	5,849	4,735	3,229
Working Capital	-3.75	-2.55	-18.1	-11.63	2.5	-3.2
Book Value Per Share	-0.00	-0.00	-0.00	-0.01	-0.00	-0.00
Tangible Book Value	-50.65	-50.07	-40.33	-31.98	-21.11	-14.72
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.01	-0.00	-0.00
Machinery	8.48	7.55	4.02	2.5	1.33	0.6
Leasehold Improvements	0.03	0.03	0.03	0.02	0.01	-

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.