AITX Targets January 2027 Operating Cash Break-Even With Debt and Device Costs Excluded

Artificial Intelligence Technology Solutions, Inc. (AITX) is targeting monthly operating cash break-even in January 2027, a milestone that excludes debt payments and the cost of building its security devices. The company announced the revised forecast Oct. 20. It expects monthly revenue to exceed operating cash costs starting in January. A separate goal calls for covering all monthly cash requirements in the second calendar quarter of 2027. AITX expects to use outside financing until it reaches that broader goal, but the timeline does not guarantee financing will end then.

Source: TokenPost