0001498148 2025-03-01 2025-05-31 0001498148 dei:BusinessContactMember 2025-03-01 2025-05-31 0001498148 2025-05-31 0001498148 2025-02-28 0001498148 AITX:SeriesBRedeemablePreferredStockMember 2025-05-31 0001498148 AITX:SeriesBRedeemablePreferredStockMember 2025-02-28 0001498148 AITX:SeriesCRedeemablePreferredStockMember 2025-05-31 0001498148 AITX:SeriesCRedeemablePreferredStockMember 2025-02-28 0001498148 us-gaap:SeriesGPreferredStockMember 2025-05-31 0001498148 us-gaap:SeriesGPreferredStockMember 2025-02-28 0001498148 us-gaap:SeriesEPreferredStockMember 2025-05-31 0001498148 us-gaap:SeriesEPreferredStockMember 2025-02-28 0001498148 us-gaap:SeriesFPreferredStockMember 2025-05-31 0001498148 us-gaap:SeriesFPreferredStockMember 2025-02-28 0001498148 2024-02-29 0001498148 AITX:SeriesBRedeemablePreferredStockMember 2024-02-29 0001498148 AITX:SeriesCRedeemablePreferredStockMember 2024-02-29 0001498148 us-gaap:SeriesGPreferredStockMember 2024-02-29 0001498148 us-gaap:SeriesEPreferredStockMember 2024-02-29 0001498148 us-gaap:SeriesFPreferredStockMember 2024-02-29 0001498148 2024-03-01 2024-05-31 0001498148 AITX:CostOfGoodsSoldMember 2025-03-01 2025-05-31 0001498148 AITX:CostOfGoodsSoldMember 2024-03-01 2024-05-31 0001498148 AITX:DepreciationAndAmortizationMember 2025-03-01 2025-05-31 0001498148 AITX:DepreciationAndAmortizationMember 2024-03-01 2024-05-31 0001498148 2024-03-01 2025-02-28 0001498148 2023-03-01 2024-02-29 0001498148 AITX:CostOfGoodsSoldMember 2024-03-01 2025-02-28 0001498148 AITX:CostOfGoodsSoldMember 2023-03-01 2024-02-29 0001498148 AITX:DepreciationAndAmortizationMember 2024-03-01 2025-02-28 0001498148 AITX:DepreciationAndAmortizationMember 2023-03-01 2024-02-29 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2024-02-29 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2024-02-29 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2024-02-29 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2024-02-29 0001498148 us-gaap:CommonStockMember 2024-02-29 0001498148 us-gaap:AdditionalPaidInCapitalMember 2024-02-29 0001498148 us-gaap:RetainedEarningsMember 2024-02-29 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2025-02-28 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 us-gaap:CommonStockMember 2025-02-28 0001498148 us-gaap:AdditionalPaidInCapitalMember 2025-02-28 0001498148 us-gaap:RetainedEarningsMember 2025-02-28 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2023-02-28 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2023-02-28 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2023-02-28 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2023-02-28 0001498148 us-gaap:CommonStockMember 2023-02-28 0001498148 us-gaap:AdditionalPaidInCapitalMember 2023-02-28 0001498148 us-gaap:RetainedEarningsMember 2023-02-28 0001498148 2023-02-28 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2024-03-01 2024-05-31 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2024-03-01 2024-05-31 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2024-03-01 2024-05-31 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2024-03-01 2024-05-31 0001498148 us-gaap:CommonStockMember 2024-03-01 2024-05-31 0001498148 us-gaap:AdditionalPaidInCapitalMember 2024-03-01 2024-05-31 0001498148 us-gaap:RetainedEarningsMember 2024-03-01 2024-05-31 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2025-03-01 2025-05-31 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2025-03-01 2025-05-31 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2025-03-01 2025-05-31 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2025-03-01 2025-05-31 0001498148 us-gaap:CommonStockMember 2025-03-01 2025-05-31 0001498148 us-gaap:AdditionalPaidInCapitalMember 2025-03-01 2025-05-31 0001498148 us-gaap:RetainedEarningsMember 2025-03-01 2025-05-31 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2023-03-01 2024-02-29 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:CommonStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:AdditionalPaidInCapitalMember 2023-03-01 2024-02-29 0001498148 us-gaap:RetainedEarningsMember 2023-03-01 2024-02-29 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2024-03-01 2025-02-28 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2024-03-01 2025-02-28 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2024-03-01 2025-02-28 0001498148 us-gaap:CommonStockMember 2024-03-01 2025-02-28 0001498148 us-gaap:AdditionalPaidInCapitalMember 2024-03-01 2025-02-28 0001498148 us-gaap:RetainedEarningsMember 2024-03-01 2025-02-28 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2024-05-31 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2024-05-31 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2024-05-31 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2024-05-31 0001498148 us-gaap:CommonStockMember 2024-05-31 0001498148 us-gaap:AdditionalPaidInCapitalMember 2024-05-31 0001498148 us-gaap:RetainedEarningsMember 2024-05-31 0001498148 2024-05-31 0001498148 AITX:SeriesBAndCRedeemablePreferredStockMember AITX:TemporaryEquityMember 2025-05-31 0001498148 us-gaap:SeriesEPreferredStockMember us-gaap:PreferredStockMember 2025-05-31 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2025-05-31 0001498148 us-gaap:SeriesGPreferredStockMember us-gaap:PreferredStockMember 2025-05-31 0001498148 us-gaap:CommonStockMember 2025-05-31 0001498148 us-gaap:AdditionalPaidInCapitalMember 2025-05-31 0001498148 us-gaap:RetainedEarningsMember 2025-05-31 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2017-07-25 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SeriesEPreferredStockMember 2017-08-27 2017-08-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SeriesFPreferredStockMember 2017-08-27 2017-08-28 0001498148 us-gaap:CommonStockMember AITX:EquityFinancingAgreementMember 2024-09-01 2024-09-30 0001498148 us-gaap:CommonStockMember us-gaap:SubsequentEventMember AITX:EquityFinancingAgreementMember 2025-06-01 2025-06-30 0001498148 srt:ControllerMember 2025-03-01 2025-05-31 0001498148 srt:ControllerMember 2025-05-31 0001498148 srt:ControllerMember 2024-03-01 2025-02-28 0001498148 srt:ControllerMember 2025-02-28 0001498148 AITX:ThreeCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2025-03-01 2025-05-31 0001498148 AITX:TwoCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2024-03-01 2024-05-31 0001498148 AITX:TwoCustomerMember 2025-05-31 0001498148 AITX:TwoCustomerMember 2024-05-31 0001498148 AITX:IncentiveCompensationPlanMember 2025-03-01 2025-05-31 0001498148 AITX:IncentiveCompensationPlanMember 2024-03-01 2024-05-31 0001498148 srt:ControllerMember 2023-03-01 2024-02-29 0001498148 srt:ControllerMember 2024-02-29 0001498148 AITX:OneCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2024-03-01 2025-02-28 0001498148 AITX:TwoCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2023-03-01 2024-02-29 0001498148 AITX:OneCustomerMember 2025-02-28 0001498148 AITX:FourCustomerMember 2024-02-29 0001498148 AITX:IncentiveCompensationPlanMember 2024-03-01 2025-02-28 0001498148 AITX:IncentiveCompensationPlanMember 2023-03-01 2024-02-29 0001498148 2024-03-01 0001498148 srt:MinimumMember us-gaap:ComputerEquipmentMember 2025-05-31 0001498148 srt:MaximumMember us-gaap:ComputerEquipmentMember 2025-05-31 0001498148 us-gaap:OfficeEquipmentMember 2025-05-31 0001498148 AITX:ManufacturingEquipmentMember 2025-05-31 0001498148 AITX:WarehouseEquipmentMember 2025-05-31 0001498148 us-gaap:ToolsDiesAndMoldsMember 2025-05-31 0001498148 AITX:DemoDevicesMember 2025-05-31 0001498148 us-gaap:VehiclesMember 2025-05-31 0001498148 us-gaap:LeaseholdImprovementsMember 2025-05-31 0001498148 us-gaap:ComputerEquipmentMember 2025-02-28 0001498148 us-gaap:FurnitureAndFixturesMember 2025-02-28 0001498148 us-gaap:OfficeEquipmentMember 2025-02-28 0001498148 AITX:WarehouseEquipmentMember 2025-02-28 0001498148 AITX:DemoDevicesMember 2025-02-28 0001498148 us-gaap:VehiclesMember 2025-02-28 0001498148 us-gaap:LeaseholdImprovementsMember 2025-02-28 0001498148 us-gaap:FairValueInputsLevel1Member 2025-05-31 0001498148 us-gaap:FairValueInputsLevel2Member 2025-05-31 0001498148 us-gaap:FairValueInputsLevel3Member 2025-05-31 0001498148 us-gaap:FairValueInputsLevel1Member 2025-02-28 0001498148 us-gaap:FairValueInputsLevel2Member 2025-02-28 0001498148 us-gaap:FairValueInputsLevel3Member 2025-02-28 0001498148 us-gaap:FairValueInputsLevel1Member 2024-02-29 0001498148 us-gaap:FairValueInputsLevel2Member 2024-02-29 0001498148 us-gaap:FairValueInputsLevel3Member 2024-02-29 0001498148 2022-03-01 2023-02-28 0001498148 AITX:SimpleAgreementForFutureEquityMember 2022-12-23 0001498148 2024-06-03 2024-06-03 0001498148 us-gaap:SeriesAPreferredStockMember 2025-01-03 2025-01-03 0001498148 us-gaap:CommonStockMember 2025-01-03 2025-01-03 0001498148 us-gaap:WarrantMember 2025-01-03 2025-01-03 0001498148 us-gaap:SeriesAPreferredStockMember 2025-02-28 0001498148 us-gaap:WarrantMember 2025-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2025-03-01 2025-05-31 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2024-03-01 2024-05-31 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2024-03-01 2025-02-28 0001498148 srt:MinimumMember AITX:RoboticAssistanceDevicesLLCMember 2024-03-01 2025-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2023-03-01 2024-02-29 0001498148 srt:MinimumMember AITX:RoboticAssistanceDevicesLLCMember 2023-03-01 2024-02-29 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2024-02-29 0001498148 AITX:RoboticAssistanceDevicesLLCMember 2022-03-01 2023-02-28 0001498148 us-gaap:AutomobilesMember 2025-05-31 0001498148 us-gaap:AutomobilesMember 2025-02-28 0001498148 us-gaap:ToolsDiesAndMoldsMember 2025-02-28 0001498148 us-gaap:MachineryAndEquipmentMember 2025-05-31 0001498148 us-gaap:MachineryAndEquipmentMember 2025-02-28 0001498148 us-gaap:ComputerEquipmentMember 2025-05-31 0001498148 us-gaap:FurnitureAndFixturesMember 2025-05-31 0001498148 us-gaap:AutomobilesMember 2024-02-29 0001498148 AITX:DemoDevicesMember 2024-02-29 0001498148 us-gaap:ToolsDiesAndMoldsMember 2024-02-29 0001498148 us-gaap:MachineryAndEquipmentMember 2024-02-29 0001498148 us-gaap:ComputerEquipmentMember 2024-02-29 0001498148 us-gaap:OfficeEquipmentMember 2024-02-29 0001498148 us-gaap:FurnitureAndFixturesMember 2024-02-29 0001498148 AITX:WarehouseEquipmentMember 2024-02-29 0001498148 us-gaap:LeaseholdImprovementsMember 2024-02-29 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:InventoriesMember 2024-03-01 2025-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:InventoriesMember 2023-03-01 2024-02-29 0001498148 AITX:FixedAssetsMember 2025-03-01 2025-05-31 0001498148 AITX:FixedAssetsMember 2024-03-01 2024-05-31 0001498148 AITX:RevenueEarningDevicesMember 2025-03-01 2025-05-31 0001498148 AITX:RevenueEarningDevicesMember 2024-03-01 2024-05-31 0001498148 AITX:FixedAssetsMember 2024-03-01 2025-02-28 0001498148 AITX:FixedAssetsMember 2023-03-01 2024-02-29 0001498148 AITX:RevenueEarningDevicesMember 2024-03-01 2025-02-28 0001498148 AITX:RevenueEarningDevicesMember 2023-03-01 2024-02-29 0001498148 us-gaap:InvestorMember 2019-02-01 2019-02-01 0001498148 us-gaap:InvestorMember 2020-02-29 2020-02-29 0001498148 AITX:InvestorOneMember 2019-05-09 2019-05-09 0001498148 AITX:InvestorOneMember 2020-02-29 2020-02-29 0001498148 AITX:InvestorTwoMember 2019-05-09 2019-05-09 0001498148 AITX:InvestorTwoMember 2020-02-29 2020-02-29 0001498148 us-gaap:InvestorMember 2025-03-01 2025-05-31 0001498148 AITX:InvestorOneMember 2019-11-18 0001498148 AITX:InvestorOneMember 2019-11-18 2019-11-18 0001498148 us-gaap:InvestorMember 2020-02-29 0001498148 AITX:InvestorOneMember 2020-05-31 0001498148 AITX:InvestorTwoMember 2019-12-30 0001498148 AITX:InvestorTwoMember 2019-12-30 2019-12-30 0001498148 AITX:InvestorTwoMember 2020-02-29 0001498148 us-gaap:InvestorMember 2020-04-22 0001498148 us-gaap:InvestorMember 2020-04-22 2020-04-22 0001498148 us-gaap:InvestorMember 2020-07-01 2020-07-01 0001498148 us-gaap:InvestorMember AITX:AgreementOneMember 2019-02-01 0001498148 us-gaap:InvestorMember AITX:AgreementTwoMember 2019-11-18 0001498148 us-gaap:InvestorMember AITX:AgreementThreeMember 2020-07-01 0001498148 us-gaap:InvestorMember 2020-08-27 0001498148 us-gaap:InvestorMember 2020-08-27 2020-08-27 0001498148 2021-03-01 0001498148 srt:MaximumMember us-gaap:InvestorMember 2021-03-01 2021-03-01 0001498148 srt:MinimumMember us-gaap:InvestorMember 2021-03-01 2021-03-01 0001498148 us-gaap:InvestorMember us-gaap:SeriesFPreferredStockMember 2021-03-01 0001498148 us-gaap:InvestorMember us-gaap:SeriesFPreferredStockMember 2021-03-01 2021-03-01 0001498148 us-gaap:InvestorMember us-gaap:SeriesFPreferredStockMember 2021-05-31 0001498148 us-gaap:InvestorMember us-gaap:SeriesFPreferredStockMember 2021-03-01 2021-05-31 0001498148 us-gaap:InvestorMember 2025-05-31 0001498148 us-gaap:InvestorMember 2025-02-28 0001498148 AITX:InvestorsMember 2019-02-01 2019-02-01 0001498148 AITX:InvestorsMember 2020-02-29 2020-02-29 0001498148 AITX:InvestorsMember 2020-02-29 0001498148 us-gaap:InvestorMember 2024-03-01 2025-02-28 0001498148 us-gaap:InvestorMember 2019-11-18 0001498148 us-gaap:InvestorMember 2019-11-18 2019-11-18 0001498148 us-gaap:InvestorMember 2020-05-31 0001498148 us-gaap:InvestorMember 2019-12-30 2019-12-30 0001498148 us-gaap:InvestorMember AITX:AgreementOneMember 2020-08-27 0001498148 us-gaap:InvestorMember AITX:AgreementTwoMember 2020-08-27 0001498148 us-gaap:InvestorMember AITX:AgreementThreeMember 2020-08-27 0001498148 AITX:InvestorEightMember 2025-02-28 0001498148 AITX:InvestorEightMember 2024-02-29 0001498148 us-gaap:RelatedPartyMember 2025-05-31 0001498148 us-gaap:RelatedPartyMember 2025-02-28 0001498148 us-gaap:RelatedPartyMember 2025-03-01 2025-05-31 0001498148 us-gaap:RelatedPartyMember 2024-03-01 2025-02-28 0001498148 srt:ChiefExecutiveOfficerMember 2025-03-01 2025-05-31 0001498148 srt:ChiefExecutiveOfficerMember 2023-12-01 2023-12-31 0001498148 srt:ChiefExecutiveOfficerMember 2025-02-28 0001498148 srt:ChiefExecutiveOfficerMember 2024-03-01 2024-05-31 0001498148 srt:ChiefExecutiveOfficerMember us-gaap:SeriesGPreferredStockMember 2025-05-31 0001498148 us-gaap:RelatedPartyMember 2024-02-29 0001498148 us-gaap:RelatedPartyMember 2023-03-01 2024-02-29 0001498148 srt:ChiefExecutiveOfficerMember 2024-03-01 2025-02-28 0001498148 srt:ChiefExecutiveOfficerMember 2024-02-29 0001498148 srt:ChiefExecutiveOfficerMember 2023-03-01 2024-02-29 0001498148 2023-12-01 2023-12-31 0001498148 us-gaap:SeriesGPreferredStockMember 2024-03-01 2025-02-28 0001498148 us-gaap:SeriesGPreferredStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:SeriesGPreferredStockMember 2023-02-28 0001498148 AITX:PromissoryNotePayableOneMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableOneMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwoMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwoMember 2025-05-31 0001498148 AITX:PromissoryNotePayableThreeMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThreeMember 2025-05-31 0001498148 AITX:PromissoryNotePayableFourMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableFourMember 2025-05-31 0001498148 AITX:PromissoryNotePayableFiveMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableFiveMember 2025-05-31 0001498148 AITX:PromissoryNotePayableSixMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableSixMember 2025-05-31 0001498148 AITX:PromissoryNotePayableSevenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableSevenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableEightMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableEightMember 2025-05-31 0001498148 AITX:PromissoryNotePayableNineMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableNineMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableElevenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableElevenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwelveMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwelveMember 2025-05-31 0001498148 AITX:PromissoryNotePayableThirteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThirteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableFourteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableFourteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableFifteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableFifteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableSixteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableSixteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableSeventeenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableSeventeenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableEighteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableEighteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableNineteenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableNineteenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentySixMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentySixMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThirtyMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThirtyMember 2025-05-31 0001498148 AITX:PromissoryNotePayableThirtyOneMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThirtyOneMember 2025-05-31 0001498148 AITX:PromissoryNotePayableOneMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableOneMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwoMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwoMember 2025-02-28 0001498148 AITX:PromissoryNotePayableThreeMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableThreeMember 2025-02-28 0001498148 AITX:PromissoryNotePayableFourMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableFourMember 2025-02-28 0001498148 AITX:PromissoryNotePayableFiveMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableFiveMember 2025-02-28 0001498148 AITX:PromissoryNotePayableSixMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableSixMember 2025-02-28 0001498148 AITX:PromissoryNotePayableSevenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableSevenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableEightMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableEightMember 2025-02-28 0001498148 AITX:PromissoryNotePayableNineMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableNineMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableElevenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableElevenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwelveMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwelveMember 2025-02-28 0001498148 AITX:PromissoryNotePayableThirteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableThirteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableFourteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableFourteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableFifteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableFifteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableSixteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableSixteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableSeventeenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableSeventeenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableEighteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableEighteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableNineteenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableNineteenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentySixMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentySixMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyMember 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyOneMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyOneMember 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyTwoMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableThirtyTwoMember 2025-02-28 0001498148 AITX:PromissoryNotePayableTwoMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableThreeMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableFourMember 2024-02-29 2024-02-29 0001498148 AITX:PromissoryNotePayableSixMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSevenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableEightMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableNineMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableFifteenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSeventeenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableEighteenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableNineteenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember 2023-11-30 2023-11-30 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyTwoMember 2024-03-08 2024-03-08 0001498148 AITX:PromissoryNotePayableTwoMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableTwoMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableThreeMember 2023-03-01 2024-02-29 0001498148 AITX:PromissoryNotePayableThreeMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableThreeMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSixMember 2024-03-01 0001498148 AITX:PromissoryNotePayableSixMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableSixMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSevenMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableSevenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableEightMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableEightMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableNineMember 2024-03-01 0001498148 AITX:PromissoryNotePayableNineMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableNineMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableNineMember 2025-02-11 2025-02-11 0001498148 AITX:PromissoryNotePayableNineMember 2025-03-05 0001498148 AITX:PromissoryNotePayableNineMember 2025-03-05 2025-03-05 0001498148 AITX:PromissoryNotePayableTenMember 2022-02-28 0001498148 AITX:PromissoryNotePayableTenMember 2021-03-01 2022-02-28 0001498148 AITX:PromissoryNotePayableTenMember 2023-11-28 2023-11-28 0001498148 AITX:PromissoryNotePayableTenMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableElevenMember 2022-02-28 0001498148 AITX:PromissoryNotePayableElevenMember 2021-03-01 2022-02-28 0001498148 AITX:PromissoryNotePayableElevenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableTwelveMember 2022-02-28 0001498148 AITX:PromissoryNotePayableTwelveMember 2021-03-01 2022-02-28 0001498148 AITX:PromissoryNotePayableTwelveMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwelveMember 2025-04-16 2025-04-16 0001498148 srt:DirectorMember AITX:PromissoryNotePayableThirteenMember us-gaap:SeriesFPreferredStockMember 2025-03-01 2025-05-31 0001498148 AITX:PromissoryNotePayableThirteenMember 2025-04-25 2025-04-25 0001498148 AITX:PromissoryNotePayableThirteenMember 2025-04-25 0001498148 AITX:PromissoryNotePayableThirteenMember us-gaap:SubsequentEventMember 2025-07-09 2025-07-09 0001498148 AITX:PromissoryNotePayableThirteenMember us-gaap:SubsequentEventMember 2025-06-30 0001498148 srt:ScenarioForecastMember AITX:PromissoryNotePayableThirteenMember 2025-08-09 0001498148 AITX:PromissoryNotePayableFourteenMember 2024-03-01 0001498148 AITX:PromissoryNotePayableFifteenMember 2023-11-29 2023-11-29 0001498148 AITX:PromissoryNotePayableFifteenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSixteenMember 2024-03-01 0001498148 AITX:PromissoryNotePayableSixteenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableSeventeenMember 2023-11-29 2023-11-29 0001498148 AITX:PromissoryNotePayableSeventeenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableEighteenMember 2023-11-29 2023-11-29 0001498148 AITX:PromissoryNotePayableEighteenMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableNineteenMember 2023-11-29 2023-11-29 0001498148 AITX:PromissoryNotePayableNineteenMember 2025-04-16 2025-04-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableTwentyMember 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyMember 2022-10-28 0001498148 AITX:LenderMember AITX:PromissoryNotePayableTwentyMember us-gaap:SeriesFPreferredStockMember 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyMember 2022-10-26 2022-10-28 0001498148 AITX:OctoberThirtyOneTwentyThirtyThreeMember AITX:PromissoryNotePayableTwentyMember AITX:SeriesFWarrantsMember 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyMember 2024-02-29 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyOneMember AITX:SeriesFPreferredshareWarrantsMember 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyOneMember AITX:SeriesFPreferredSharesMember 2022-10-26 2022-10-28 0001498148 AITX:PromissoryNotePayableTwentyOneMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2022-11-09 0001498148 AITX:PromissoryNotePayableTwentyTwoMember AITX:SeriesFPreferredshareWarrantsMember 2022-11-09 0001498148 AITX:PromissoryNotePayableTwentyTwoMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2022-11-10 0001498148 AITX:PromissoryNotePayableTwentyThreeMember AITX:SeriesFPreferredshareWarrantsMember 2022-11-10 0001498148 AITX:PromissoryNotePayableTwentyThreeMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2022-11-15 0001498148 AITX:PromissoryNotePayableTwentyFourMember AITX:SeriesFPreferredshareWarrantsMember 2022-11-15 0001498148 AITX:PromissoryNotePayableTwentyFourMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2023-01-11 0001498148 AITX:PromissoryNotePayableTwentyFiveMember AITX:SeriesFPreferredshareWarrantsMember 2023-01-11 0001498148 AITX:PromissoryNotePayableTwentyFiveMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentySixMember 2023-02-06 0001498148 AITX:PromissoryNotePayableTwentySixMember AITX:SeriesFPreferredshareWarrantsMember 2023-02-06 0001498148 AITX:PromissoryNotePayableTwentySixMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2023-04-05 0001498148 AITX:PromissoryNotePayableTwentySevenMember AITX:SeriesFPreferredshareWarrantsMember 2023-04-05 0001498148 AITX:PromissoryNotePayableTwentySevenMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2023-04-20 0001498148 AITX:PromissoryNotePayableTwentyNineMember AITX:SeriesFPreferredshareWarrantsMember 2023-04-20 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2024-03-01 0001498148 AITX:PromissoryNotePayableTwentyEightMember 2025-05-31 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2023-05-11 0001498148 AITX:PromissoryNotePayableTwentyNineMember AITX:SeriesFPreferredshareWarrantsMember 2023-05-11 0001498148 AITX:PromissoryNotePayableTwentyNineMember 2024-03-01 0001498148 AITX:PromissoryNotePayableThirtyMember 2023-10-27 0001498148 AITX:PromissoryNotePayableThirtyMember AITX:SeriesFPreferredshareWarrantsMember 2023-10-27 0001498148 AITX:PromissoryNotePayableThirtyMember 2024-03-01 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember 2023-11-30 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember 2024-07-01 2024-07-31 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember 2024-07-31 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember 2025-04-16 2025-04-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyTwoMember 2024-03-08 0001498148 AITX:PromissoryNotePayableElevenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:PromissoryNotePayableTwelveMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 srt:DirectorMember AITX:PromissoryNotePayableThirteenMember us-gaap:SeriesFPreferredStockMember 2024-03-01 2025-02-28 0001498148 AITX:PromissoryNotePayableSixteenMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyOneMember us-gaap:SubsequentEventMember 2025-04-16 2025-04-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-08-08 2024-08-08 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-08-08 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-08-22 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-08-22 2024-08-22 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-12-16 0001498148 AITX:LenderMember AITX:PromissoryNotePayableThirtyThreeMember 2024-12-16 2024-12-16 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-02-10 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-02-10 2025-02-10 0001498148 2025-02-10 2025-02-10 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-05-10 2025-05-10 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-05-10 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-05-31 0001498148 AITX:CommonStockWarrantMember 2025-03-01 2025-05-31 0001498148 AITX:CommonStockWarrantMember 2024-03-01 2024-05-31 0001498148 us-gaap:PreferredStockMember 2025-02-28 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 us-gaap:PreferredStockMember 2024-03-01 2025-02-28 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember 2025-02-28 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember 2024-03-01 2025-02-28 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2024-02-29 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember 2025-02-28 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember 2024-03-01 2025-02-28 0001498148 AITX:SeriesFConvertiblePreferredStockMember us-gaap:PreferredStockMember 2025-02-28 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2024-04-27 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember us-gaap:PreferredStockMember 2024-04-27 2024-04-27 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember 2024-04-27 2024-04-27 0001498148 AITX:SeriesBConvertibleRedeemablePreferredStockMember 2024-07-28 0001498148 2024-07-28 2024-07-28 0001498148 AITX:SeriesCConvertibleRedeemablePreferredStockMember 2025-02-10 2025-02-10 0001498148 us-gaap:SeriesFPreferredStockMember us-gaap:PreferredStockMember 2024-04-30 0001498148 AITX:LenderMember us-gaap:SeriesFPreferredStockMember us-gaap:WarrantMember 2024-02-29 0001498148 AITX:UnissuedSeriesFPreferredStockMember 2022-03-01 2023-02-28 0001498148 AITX:UnissuedSeriesFPreferredStockMember 2023-03-01 2024-02-29 0001498148 us-gaap:CommonStockMember 2022-07-07 0001498148 us-gaap:CommonStockMember 2022-07-08 0001498148 us-gaap:CommonStockMember 2023-03-18 0001498148 us-gaap:CommonStockMember 2023-03-19 0001498148 us-gaap:CommonStockMember 2023-08-29 0001498148 us-gaap:CommonStockMember 2023-08-30 0001498148 us-gaap:CommonStockMember 2024-03-21 0001498148 us-gaap:CommonStockMember 2024-03-22 0001498148 us-gaap:CommonStockMember 2024-10-03 0001498148 us-gaap:CommonStockMember 2024-10-04 0001498148 us-gaap:CommonStockMember 2025-02-20 0001498148 us-gaap:CommonStockMember 2025-02-21 0001498148 us-gaap:InvestorMember us-gaap:CommonStockMember AITX:PurchaseAgreementMember 2024-01-26 2024-01-27 0001498148 us-gaap:WarrantMember 2024-03-01 2025-02-28 0001498148 us-gaap:WarrantMember 2023-03-01 2024-02-29 0001498148 us-gaap:EmployeeStockOptionMember 2024-03-01 2025-02-28 0001498148 us-gaap:EmployeeStockOptionMember 2023-03-01 2024-02-29 0001498148 us-gaap:StockCompensationPlanMember 2024-03-01 2025-02-28 0001498148 AITX:TwentyTwentyOnePlanMember 2022-08-10 2022-08-11 0001498148 AITX:TwentyTwentyOnePlanMember 2021-04-14 0001498148 AITX:TwentyTwentyOnePlanMember us-gaap:OptionMember 2024-03-01 2025-02-28 0001498148 AITX:TwentyTwentyThreePlanMember us-gaap:OptionMember 2024-03-01 2025-02-28 0001498148 AITX:IncentivesCompensationPlanMember 2023-09-01 2023-09-01 0001498148 AITX:IncentivesCompensationPlanMember 2023-09-01 2023-09-01 0001498148 AITX:TwentyTwentyThreePlanMember 2023-03-01 2024-02-29 0001498148 AITX:TwentyTwentyTwoPlanMember 2023-03-01 2024-02-29 0001498148 AITX:TwentyTwentyOnePlanMember 2023-03-01 2024-02-29 0001498148 AITX:SeriesFPreferredWarrantsMember 2025-02-28 0001498148 AITX:SeriesFPreferredWarrantsMember 2024-03-01 2025-02-28 0001498148 AITX:SeriesFPreferredWarrantsMember 2025-03-01 2025-05-31 0001498148 AITX:SeriesFPreferredWarrantsMember 2025-05-31 0001498148 AITX:SeriesFPreferredWarrantsMember 2024-02-29 0001498148 AITX:SeriesFPreferredWarrantsMember 2023-03-01 2024-02-28 0001498148 AITX:CommonStockWarrantMember 2025-02-28 0001498148 AITX:CommonStockWarrantMember 2024-03-01 2025-02-28 0001498148 AITX:CommonStockWarrantMember 2025-03-01 2025-05-31 0001498148 AITX:CommonStockWarrantMember 2025-05-31 0001498148 us-gaap:EmployeeStockOptionMember 2025-02-28 0001498148 us-gaap:EmployeeStockOptionMember 2025-03-01 2025-05-31 0001498148 us-gaap:EmployeeStockOptionMember 2025-05-31 0001498148 us-gaap:EmployeeStockOptionMember 2023-02-28 0001498148 us-gaap:EmployeeStockOptionMember 2022-03-01 2023-02-28 0001498148 us-gaap:EmployeeStockOptionMember 2024-02-29 0001498148 us-gaap:SubsequentEventMember 2025-06-01 2025-06-30 0001498148 2025-05-31 2025-05-31 0001498148 AITX:TenYearsLeaseAgreementMember 2021-03-09 2021-03-10 0001498148 AITX:TenYearsLeaseAgreementMember 2021-03-10 0001498148 AITX:ThreeYearsLeaseAgreementMember 2024-02-04 2024-02-05 0001498148 AITX:ThreeYearsLeaseAgreementMember 2025-03-10 2025-03-11 0001498148 AITX:ThreeYearsLeaseAgreementMember 2025-03-11 0001498148 AITX:FerndaleMichiganMember AITX:TenYearsLeaseAgreementMember 2021-03-09 2021-03-10 0001498148 AITX:FerndaleMichiganMember AITX:TenYearsLeaseAgreementMember 2021-03-10 0001498148 AITX:ThreeYearsLeaseAgreementMember 2021-09-29 2021-09-30 0001498148 AITX:ConvertibleSeriesFPreferredSharesMember 2025-03-01 2025-05-31 0001498148 AITX:ConvertibleSeriesFPreferredSharesMember 2024-03-01 2024-05-31 0001498148 AITX:ConvertibleRedeemableSeriesBAndCPreferredSharesMember 2025-03-01 2025-05-31 0001498148 AITX:ConvertibleRedeemableSeriesBAndCPreferredSharesMember 2024-03-01 2024-05-31 0001498148 us-gaap:EmployeeStockOptionMember 2025-03-01 2025-05-31 0001498148 us-gaap:EmployeeStockOptionMember 2024-03-01 2024-05-31 0001498148 AITX:ConvertibleNotesAndAccruedInterestMember 2024-03-01 2025-02-28 0001498148 AITX:ConvertibleNotesAndAccruedInterestMember 2023-03-01 2024-02-29 0001498148 us-gaap:EmployeeStockOptionMember 2024-03-01 2025-02-28 0001498148 us-gaap:EmployeeStockOptionMember 2023-03-01 2024-02-29 0001498148 us-gaap:SubsequentEventMember AITX:SharePurchaseAgreementMember 2025-06-01 2025-07-15 0001498148 us-gaap:SubsequentEventMember AITX:ExchangeAgreementsMember 2025-06-01 2025-07-15 0001498148 us-gaap:SubsequentEventMember AITX:EquityFinancingAgreementMember 2025-06-11 2025-06-11 0001498148 us-gaap:SubsequentEventMember AITX:EquityFinancingAgreementMember 2025-06-16 2025-06-16 0001498148 us-gaap:SubsequentEventMember 2025-06-05 0001498148 srt:ScenarioForecastMember 2025-08-09 2025-08-09 0001498148 srt:ScenarioForecastMember 2025-08-01 2025-08-31 0001498148 us-gaap:SubsequentEventMember AITX:SharePurchaseAgreementMember 2025-03-01 2025-03-01 0001498148 us-gaap:SubsequentEventMember AITX:ExchangeAgreementsMember 2025-03-01 2025-03-01 0001498148 us-gaap:SubsequentEventMember AITX:AmendedEquityFinancingAgreementMember 2025-05-27 2025-05-27 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2016-12-31 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2016-12-01 2016-12-31 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2017-11-30 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2017-11-01 2017-11-30 0001498148 2021-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2019-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2019-02-28 2019-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2023-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2022-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2020-02-29 2020-02-29 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2020-02-29 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2025-02-28 0001498148 AITX:RoboticAssistanceDevicesLLCMember us-gaap:SecuredDebtMember 2024-02-29 iso4217:USD shares iso4217:USD shares pure AITX:Integer true 0001498148 POS AM

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NV 27-2343603 10800 Galaxie Avenue Ferndale MI 48220 (877) 787-6268 Steven Reinharz 10800 Galaxie Avenue Ferndale MI 48220 (877) 787-6268 Non-accelerated Filer true false In September 2024, Artificial Intelligence Technology Solutions, Inc. (the “Company”) and AIV Investments, LLC (“AIV”) entered into a Securities Purchase Agreement allowing AIV to sell up to $30 million of the Company’s common stock (the “Agreement”). The Agreement included a deferred issuance of 123,990,716 shares to AIV. On June 18, 2025, the Company filed an S-1 Registration Statement (File Number 333-288173), which the SEC declared effective on June 25, 2025. This filing registered up to 10 billion shares of common stock for sale by AIV. On August 7, 2025, the Company and AIV signed a Resolution Agreement related to the deferred shares from the September 2024 Purchase Agreement. The 123,990,716 shares being issued are not new shares; they are being issued from the 10 billion shares previously registered under the June 25, 2025, S-1 filing.

324847

865975

893694

1367331

270186 418669

1146783

1583726

687147

792842

3322657

5028543

1044802

1010545

2744231 2292172 4982668 4539180

521203

491186

259080

258328

34619 33321

100000

15880

9759706

10985797

2648311

2121871

91091

91578

217222

197349

2202545 1901258 335065 329365

955913

2202600

519105

107715 213555

7076967

7576681

810513

313074 360163

30706167

31922078

2525000 2525000 4000000 4000000 14741856 13680453

59860503

60514725

0.001

0.08 0.08 1200 1200

5000

0.001

1200 1200 1.095 1.095 0.12 0.12

1000

315

306

414157

402084

414157

402084

15534000

0.001

100000

0.001

4350000

3350000

3350

1.00

10000

2513

0.00001

20000000000

16997453768

14412453768

169975

144125

110301070

106316844

99086

-161090948

-156496930

-50514954

-49931012

9759706

10985797

1854837

1182800

173381

295593

447955

201873

621336

497466

1233501

685334

1087619

810150

3232211

2550751

34121

95676

58219

62013

4412170

3518590

-3178669

-2833256

1415349

1361103

-1415349

-1361103

-4594018

-4194359

-0.00

15517671159

9882118105

15517671159

9882118105

3350000

3350

2533

101619

9238750958

92388

92565513

-132962427

-40199557

3350000

3350

2533

101619

9238750958

92388

92565513

-132962427

-40199557

-4175535 -4175535

116046

1080166425

10802

2671791

2682593

300 360000 -82000 -82000 20 24000 -24000 -24000

-2568

2568

-107

128856

-28856

28856

83323

-4194359

215

257712

3350000

3350

2533

101619

10318917383

103190

95240915

-141361177

-45912103

215

257712

3350000

3350

2533

101619

10318917383

103190

95240915

-141361177

-45912103

306

402084

3350000

3350

2513

101599

14412453768

144125

106316844

-156496930

-49931012

306

402084

3350000

3350

2513

101599

14412453768

144125

106316844

-156496930

-49931012

121746

1900000000

19000

2672294

2691294

1900000000

19000

2672294

2691294

685000000

6850

1243650

1250500

12073

-12073

80355

-4594018

315

414157

3350000

3350

2513

101599

16997453768

169975

110301070

-161090948

-50514954

315

414157

3350000

3350

2513

101599

16997453768

169975

110301070

-161090948

-50514954

-4594018

-4194359

482076

297549

48982

13000

210000 33865 31425 27428 31065

80355

83323

47089

27625

5700 17575

-424655

-126620

-104498

-167562

13187 480951 1070087

524109

-21083

-487

-11469

-58962

-58715

-1246687

301287 192323

993063

1111815

-3321185

-3045831

8422

19132

1298

2596

-9720

-21728

2839777

2682592

278000

128856

350000

50000

27000

2789777

3154736

-541128

87177

865975

105926

324847

193103

8910

25015

917294 1161219 1250500 4175535 12073 2568 53739

1. GENERAL INFORMATION Artificial Intelligence Technology Solutions Inc. (“AITX” or the “Company”) was incorporated in Florida on March 25, 2010 and reincorporated in Nevada on February 17, 2015. On August 24, 2018, Artificial Intelligence Technology Solutions Inc., changed its name from On the Move Systems Corp (“OMVS”). Robotic Assistance Devices, LLC (“RAD”), was incorporated in the State of Nevada on July 26, 2016 as a Limited Liability Company. On July 25, 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc., through the issuance of 10,000 common shares to its sole shareholder. On August 28, 2017, AITX completed the acquisition of RAD (the “Acquisition”), whereby AITX acquired all the ownership and equity interest in RAD for <span id="xdx_902_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_zaA6mha8vyu9" title="Number of shares isuued under acquisition">3,350,000 shares of AITX Series E Preferred Stock and <span id="xdx_907_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zZQK73DjKD4d" title="Number of shares isuued under acquisition">2,450 shares of Series F Convertible Preferred Stock. AITX’s prior business focus was transportation services, and was exploring the on-demand logistics market by developing a network of logistics partnerships. As a result of the closing of the Acquisition, AITX has succeeded to the business of RAD, and AITX’s business going forward will consist of one segment activity, which is the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. The Acquisition was treated as a reverse recapitalization effected by a share exchange for financial accounting and reporting purposes since substantially all of AITX’s operations were disposed of as part of the consummation of the transaction. Therefore, no goodwill or other intangible assets were recorded by AITX as a result of the Acquisition. RAD is treated as the accounting acquirer as its stockholders control the Company after the Acquisition, even though AITX was the legal acquirer. As a result, the assets and liabilities and the historical operations that are reflected in these financial statements are those of RAD as if RAD had always been the reporting company.

10000

3350000

2450

2. GOING CONCERN The accompanying unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the possible inability of the Company to continue as a going concern. For the three months ended May 31, 2025, the Company had negative cash flow from operating activities of $3,321,185. As of May 31, 2025, the Company has an accumulated deficit of $161,090,948, and negative working capital of $3,754,310. Management does not anticipate having positive cash flow from operations in the near future. These factors raise a substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the issuance of these financial statements. The Company does not have the resources at this time to repay all its credit and debt obligations, make any payments in the form of dividends to its shareholders or fully implement its business plan. Without additional capital, the Company will not be able to remain in business. At the same time management points to its successful history with maintaining Company operations and reminds all with reasonable confidence this will continue. Management has plans to address the Company’s financial situation as follows: Management is committed to raise either non-dilutive funds or minimally dilutive funds. There is no assurance that these funds will be able to be raised nor can we provide assurance that these possible raises may not have dilutive effects. In June 2025, the Company entered into an equity financing agreement whereby an investor will purchase up to $<span id="xdx_90F_eus-gaap--PaymentsOfStockIssuanceCosts_c20250601__20250630__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__us-gaap--TypeOfArrangementAxis__custom--EquityFinancingAgreementMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z1rMW7N1nSb9" title="Purchase of common stock">30,000,000 of the Company’s common stock at a discount over a two-year period. There still remains $30 million left to issue under this arrangement. Management believes that it has the necessary support to continue operations by continuing its funding methods in the following ways: growing revenues, through equity proceeds, and issuing non-convertible debt. Management has had many recent conversations with the Company’s primary debt holder and believes that the non-convertible debt on the balance sheet will be extended. Management notes that non-convertible debt on the books has been extended by this debt holder twice in the past and notes that this debt holder has been a strong supporter of the Company. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

-3321185

-161090948

-3754310

30000000

3. ACCOUNTING POLICIES Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and in conformity with the condensing instructions on Form 10-Q and Rule 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements and notes thereto in the Company’s latest Annual Report filed with the SEC on Form 10-K as filed on May 29, 2025. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Robotic Assistance Devices, Inc., Robotic Assistance Devices Group , Inc, Robotic Assistance Devices Mobile, Inc., and Robotic Assistance Devices Residential, Inc., and Robotic Assistance Devices Lanka (Private) Limited. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited consolidated financial statements reflect all adjustments, consisting of normal recurring accruals, which are, in the opinion of management, necessary for a fair presentation of such statements. The results of operations for the three months ended May 31, 2025, are not necessarily indicative of the results that may be expected for the entire year. Use of Estimates In order to prepare financial statements in conformity with accounting principles generally accepted in the United States, management must make estimates, judgements and assumptions that affect the amounts reported in the financial statements and determine whether contingent assets and liabilities, if any, are disclosed in the financial statements. The ultimate resolution of issues requiring these estimates and assumptions could differ significantly from resolution currently anticipated by management and on which the financial statements are based. The most significant estimates included in these consolidated financial statements are those associated with the assumptions used to value equity instruments used in debt settlements, amendments and extensions. Reclassifications Certain amounts in the Company’s consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods. Concentrations Loans payable At May 31, 2025 there were $31,538,346 of loans payable, $27,393,506 or 87% of these loans to companies controlled by one individual. At February 28, 2025 there were $32,801,345 loans payable, $28,581,506 or 87% of these loans to companies controlled by one individual. Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on deposit with banks and money market instruments. The Company places its cash and cash equivalents with high-quality, U.S. financial institutions and, to date has not experienced losses on any of its balances. Accounts Receivable Accounts receivable are comprised of balances due from customers, net of estimated allowances for uncollectible accounts. In determining collectability, historical trends are evaluated, and specific customer issues are reviewed on a periodic basis to arrive at appropriate allowances. There was an allowance of $115,000 and $140,000 provided as of May 31, 2025 and February 28, 2025, respectively. For the three months ended May 31, 2025, three customers account for <span id="xdx_907_ecustom--ConcentrationRiskPercentage_pid_dp_c20250301__20250531__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_zm6r6IZIB5v3" title="Percentage of accounts receivable">53% of total accounts receivable . For the three months ended May 31, 2024, two customers account for <span id="xdx_90B_ecustom--ConcentrationRiskPercentage_pid_dp_c20240301__20240531__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoCustomerMember_zuWczHP868ok" title="Percentage of accounts receivable">57% of total accounts receivable. Device Parts Inventory Device parts inventory is stated at the lower of cost or net realizable value using the weighted average cost method. The Company records a valuation reserve for obsolete and slow-moving inventory, relying principally on specific identification of such inventory. The Company uses these device parts in the assembly of revenue earning devices (and demo devices) as well as research and development. Depending on use, the Company will transfer the parts to the corresponding asset or expense if used in research and development. A charge to income is taken when factors that would result in a need for an increase in the valuation, such as excess or obsolete inventory, are noted. As of May 31, 2025, and February 28, 2025, there was a valuation reserve of $465,000 and $465,000, respectively. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) Revenue Earning Devices Revenue earning devices are stated at cost. Depreciation is provided on a straight-line basis over the estimated useful life of 48 months. The Company continually evaluates revenue earning devices to determine whether events or changes in circumstances have occurred that may warrant revision of the estimated useful life or whether the devices should be evaluated for possible impairment. The Company uses a combination of the undiscounted cash flows and market approaches in assessing whether an asset has been impaired. The Company measures impairment losses based upon the amount by which the carrying amount of the asset exceeds the fair value. Fixed Assets Fixed assets are stated at cost. Depreciation is provided on the straight-line method based on the estimated useful lives of the respective assets which range from two to five years. Major repairs or improvements are capitalized. Minor replacements and maintenance and repairs which do not improve or extend asset lives are expensed currently. SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 70%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%">Computer equipment and software</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zU0FtlNPh3ae" title="Fixed assets, useful life">2 or <span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zPw2BXaMQCT4" title="Fixed assets, useful life">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Office equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Manufacturing equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ManufacturingEquipmentMember_zER4f0NttWA6" title="Fixed assets, useful life">7 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Warehouse equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_z9wJN6RMxXx4" title="Fixed assets, useful life">5 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Tooling</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zsi6kMO6dE0j" title="Fixed assets, useful life">2 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Demo Devices</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Vehicles</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zcKCG4qlhh06" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table> The Company periodically evaluates the fair value of fixed assets whenever events or changes in circumstances indicate that its carrying amounts may not be recoverable. Upon retirement or other disposition of fixed assets, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss, if any, is recognized in income. Research and Development Research and development costs are expensed in the period they are incurred in accordance with ASC 730, Research and Development unless they meet specific criteria related to technical, market and financial feasibility, as determined by Management, including but not limited to the establishment of a clearly defined future market for the product, and the availability of adequate resources to complete the project. If all criteria are met, the costs are deferred and amortized over the expected useful life or written off if a product is abandoned. At May 31, 2025 and February 28, 2025, the Company had no deferred development costs. Contingencies Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that it is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions. Sales of Future Revenues The Company has entered into transactions, as more fully described in footnote 8, in which it has received funding from investors in exchange for which it will make payments to those investors based on the level of sales of certain revenue categories, generally based on a percentage of sales for those certain revenues. The Company determines whether these agreements constitute sales of future revenues or are in substance debt based on the facts and circumstances of each agreement, with the following primary criteria determinative of whether the agreement constitutes a sale of future revenues or debt: ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the agreement purport, in substance, to be a sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the Company have continuing involvement in the generation of cash flows due to the investor</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Is the transaction cancellable by either party through payment of a lump sum or other transfer of assets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Is the investors rate of return is implicitly limited by the terms of the agreement</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the Company’s revenue for a reporting period underlying the agreement have only a minimal impact on the investor’s rate of return</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the investor have recourse relating to payments due</td></tr> </table> In the event a transaction is determined to be a sale of future revenues, it is recorded as deferred revenue and amortized using the sum-of-the-revenue method. In the event a transaction is determined to be debt, it is recorded as debt and amortized using the effective interest method. As of the date of these financial statements, the Company has determined that all such agreements are debt. Revenue Recognition ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”, supersedes the revenue recognition requirements and industry specific guidance under Revenue Recognition (Topic 605). Topic 606 requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. Topic 606 defines a five-step process that must be evaluated and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing accounting principles generally accepted in the United States of America (“U.S. GAAP”) including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The Company adopted Topic 606 on March 1, 2018, using the modified retrospective method. Under the modified retrospective method, prior period financial positions and results will not be adjusted. There was no cumulative effect adjustment recognized as a result of this adoption. Refer to Note 4 – Revenue from Contracts with Customers for additional information. For the three months ended May 31, 2025, two customers accounted for 65% of total revenue and for the three months ended May 31, 2024, two customers accounted for 65% of total revenue. Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized when items of income and expense are recognized in the financial statements in different periods than when recognized in the tax return. Deferred tax assets arise when expenses are recognized in the financial statements before the tax returns or when income items are recognized in the tax return prior to the financial statements. Deferred tax assets also arise when operating losses or tax credits are available to offset tax payments due in future years. Deferred tax liabilities arise when income items are recognized in the financial statements before the tax returns or when expenses are recognized in the tax return prior to the financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was signed into law. ASC 740, Accounting for Income Taxes requires companies to recognize the effects of changes in tax laws and rates on deferred tax assets and liabilities and the retroactive effects of changes in tax laws in the period in which the new legislation is enacted. The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%. A corresponding offset has been made to the valuation allowance, and any potential other taxes arising due to the Tax Act will result in reductions to the Company’s net operating loss carryforward and valuation allowance. The Company will continue to analyze the Tax Act to assess its full effects on the Company’s financial results, including disclosures, for the Company’s fiscal year ending February 28, 2026, but the Company does not expect the Tax Act to have a material impact on the Company’s consolidated financial statements. Leases Lease agreements are evaluated to determine if they are sales/finance leases meeting any of the following criteria at inception: (a) transfer of ownership of the underlying asset; (b) purchase option that is reasonably certain of being exercised; (c) the lease term is greater than a major part of the remaining estimated economic life of the underlying asset; or (d) if the present value of the sum of lease payments and any residual value guaranteed by the lessee that has not already been included in lease payments in accordance with ASC 842-10-30-5(f) equals or exceeds substantially all of the fair value of the underlying asset. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) If at its inception, a lease meets any of the four lease criteria above, the lease is classified by the Company as a sales/finance; and if none of the four criteria are met, the lease is classified by the Company as an operating lease. Operating lease payments are recognized as an expense in the income statement on a straight-line basis over the lease term, whereby an equal amount of rent expense is attributed to each period during the term of the lease, regardless of when actual payments are made. This generally results in rent expense in excess of cash payments during the early years of a lease and rent expense less than cash payments in the later years. The difference between rent expense recognized and actual rental payments is recorded as deferred rent and included in liabilities. Distinguishing Liabilities from Equity The Company relies on the guidance provided by ASC Topic 480, Distinguishing Liabilities from Equity, to classify certain redeemable and/or convertible instruments. The Company first determines whether a financial instrument should be classified as a liability. The Company will determine the liability classification if the financial instrument is mandatorily redeemable, or if the financial instrument, other than outstanding shares, embodies a conditional obligation that the Company must or may settle by issuing a variable number of its equity shares. Once the Company determines that a financial instrument should not be classified as a liability, the Company determines whether the financial instrument should be presented between the liability section and the equity section of the balance sheet (“temporary equity”). The Company will determine temporary equity classification if the redemption of the financial instrument is outside the control of the Company (i.e. at the option of the holder). Otherwise, the Company accounts for the financial instrument as permanent equity. Our Chief Executive Officer/ Chairman holds sufficient shares of the Company’s voting preferred stock that give sufficient voting rights under the articles of incorporation and bylaws of the Company such that the CEO/ Chairman can at any time unilaterally vote to increase the number of authorized shares of common stock of the Company, without the need to call a general meeting of common shareholders of the Company. Initial Measurement The Company records its financial instruments classified as liability, temporary equity or permanent equity at issuance at the fair value, or cash received. Subsequent Measurement – Financial Instruments Classified as Liabilities The Company records the fair value of its financial instruments classified as liabilities at each subsequent measurement date. The changes in fair value of its financial instruments classified as liabilities are recorded as other income (expenses). Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) provides a framework for measuring fair value in accordance with generally accepted accounting principles. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.2in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 3 – Inputs that are unobservable for the asset or liability.</td></tr> </table> Measured on a Recurring Basis The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">May 31, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 36%; font-weight: bold; text-align: left">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531_z06LzYXOPGW" style="width: 12%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zCTMudntNrs1" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zIO1R5IrNsLg" style="width: 12%; text-align: right" title="Investment at cost">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z06CirNMLwn3" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531_zwTbR6eCRZP5" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zSIGWIJDOQjl" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zmj5xir1rId9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zvh9wsXUqs0a" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Investment at cost</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zcn5KpbofBZg" style="text-align: right" title="Investment at cost">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zwLHYzKwW0Jl" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_znUKuqxkCO3c" style="text-align: right" title="Investment at cost">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zo69gtLyMULd" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zMp2HQSdCRCb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZKWp69UnZDf" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYVAB8o7lCNa" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zGoa3UK7CHN2" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the incentive compensation plan referred to above , the Company recorded stock based compensation of $<span id="xdx_908_eus-gaap--AllocatedShareBasedCompensationExpense_c20250301__20250531__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zuwquXyS6tgi" title="Payment for stock based compensation warrants">0 and $<span id="xdx_903_eus-gaap--AllocatedShareBasedCompensationExpense_c20240301__20240531__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zUNeCJHozMZc" title="Payment for stock based compensation warrants">0 for the three months ended May 31, 2025 and May 31, 2024 with corresponding adjustments to incentive compensation plan payable. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, prepaid expenses and advances, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments. Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used to determine the number of shares assumed to be purchased from the exercise of stock options and/or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive. Basic loss per common share is computed based on the weighted average number of shares outstanding during the period. Diluted loss per share is computed in a manner similar to the basic loss per share, except the weighted-average number of shares outstanding is increased to include all common shares, including those with the potential to be issued by virtue of convertible debt and other such convertible instruments. Diluted loss per share contemplates a complete conversion to common shares of all convertible instruments only if they are dilutive in nature with regards to earnings per share. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and in conformity with the condensing instructions on Form 10-Q and Rule 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements and notes thereto in the Company’s latest Annual Report filed with the SEC on Form 10-K as filed on May 29, 2025. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Robotic Assistance Devices, Inc., Robotic Assistance Devices Group , Inc, Robotic Assistance Devices Mobile, Inc., and Robotic Assistance Devices Residential, Inc., and Robotic Assistance Devices Lanka (Private) Limited. All significant intercompany accounts and transactions have been eliminated in consolidation. The unaudited consolidated financial statements reflect all adjustments, consisting of normal recurring accruals, which are, in the opinion of management, necessary for a fair presentation of such statements. The results of operations for the three months ended May 31, 2025, are not necessarily indicative of the results that may be expected for the entire year.

Use of Estimates In order to prepare financial statements in conformity with accounting principles generally accepted in the United States, management must make estimates, judgements and assumptions that affect the amounts reported in the financial statements and determine whether contingent assets and liabilities, if any, are disclosed in the financial statements. The ultimate resolution of issues requiring these estimates and assumptions could differ significantly from resolution currently anticipated by management and on which the financial statements are based. The most significant estimates included in these consolidated financial statements are those associated with the assumptions used to value equity instruments used in debt settlements, amendments and extensions.

Reclassifications Certain amounts in the Company’s consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods.

Concentrations Loans payable At May 31, 2025 there were $31,538,346 of loans payable, $27,393,506 or 87% of these loans to companies controlled by one individual. At February 28, 2025 there were $32,801,345 loans payable, $28,581,506 or 87% of these loans to companies controlled by one individual.

31538346

27393506

0.87

32801345

28581506

0.87

Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on deposit with banks and money market instruments. The Company places its cash and cash equivalents with high-quality, U.S. financial institutions and, to date has not experienced losses on any of its balances.

Accounts Receivable Accounts receivable are comprised of balances due from customers, net of estimated allowances for uncollectible accounts. In determining collectability, historical trends are evaluated, and specific customer issues are reviewed on a periodic basis to arrive at appropriate allowances. There was an allowance of $115,000 and $140,000 provided as of May 31, 2025 and February 28, 2025, respectively. For the three months ended May 31, 2025, three customers account for <span id="xdx_907_ecustom--ConcentrationRiskPercentage_pid_dp_c20250301__20250531__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_zm6r6IZIB5v3" title="Percentage of accounts receivable">53% of total accounts receivable . For the three months ended May 31, 2024, two customers account for <span id="xdx_90B_ecustom--ConcentrationRiskPercentage_pid_dp_c20240301__20240531__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoCustomerMember_zuWczHP868ok" title="Percentage of accounts receivable">57% of total accounts receivable.

115000

140000

0.53 0.57

Device Parts Inventory Device parts inventory is stated at the lower of cost or net realizable value using the weighted average cost method. The Company records a valuation reserve for obsolete and slow-moving inventory, relying principally on specific identification of such inventory. The Company uses these device parts in the assembly of revenue earning devices (and demo devices) as well as research and development. Depending on use, the Company will transfer the parts to the corresponding asset or expense if used in research and development. A charge to income is taken when factors that would result in a need for an increase in the valuation, such as excess or obsolete inventory, are noted. As of May 31, 2025, and February 28, 2025, there was a valuation reserve of $465,000 and $465,000, respectively. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

465000

Revenue Earning Devices Revenue earning devices are stated at cost. Depreciation is provided on a straight-line basis over the estimated useful life of 48 months. The Company continually evaluates revenue earning devices to determine whether events or changes in circumstances have occurred that may warrant revision of the estimated useful life or whether the devices should be evaluated for possible impairment. The Company uses a combination of the undiscounted cash flows and market approaches in assessing whether an asset has been impaired. The Company measures impairment losses based upon the amount by which the carrying amount of the asset exceeds the fair value.

Fixed Assets Fixed assets are stated at cost. Depreciation is provided on the straight-line method based on the estimated useful lives of the respective assets which range from two to five years. Major repairs or improvements are capitalized. Minor replacements and maintenance and repairs which do not improve or extend asset lives are expensed currently. SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 70%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%">Computer equipment and software</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zU0FtlNPh3ae" title="Fixed assets, useful life">2 or <span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zPw2BXaMQCT4" title="Fixed assets, useful life">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Office equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Manufacturing equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ManufacturingEquipmentMember_zER4f0NttWA6" title="Fixed assets, useful life">7 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Warehouse equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_z9wJN6RMxXx4" title="Fixed assets, useful life">5 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Tooling</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zsi6kMO6dE0j" title="Fixed assets, useful life">2 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Demo Devices</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Vehicles</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zcKCG4qlhh06" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table> The Company periodically evaluates the fair value of fixed assets whenever events or changes in circumstances indicate that its carrying amounts may not be recoverable. Upon retirement or other disposition of fixed assets, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss, if any, is recognized in income.

SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 70%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%">Computer equipment and software</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MinimumMember_zU0FtlNPh3ae" title="Fixed assets, useful life">2 or <span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember__srt--RangeAxis__srt--MaximumMember_zPw2BXaMQCT4" title="Fixed assets, useful life">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Office equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Manufacturing equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ManufacturingEquipmentMember_zER4f0NttWA6" title="Fixed assets, useful life">7 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Warehouse equipment</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_z9wJN6RMxXx4" title="Fixed assets, useful life">5 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Tooling</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_900_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zsi6kMO6dE0j" title="Fixed assets, useful life">2 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Demo Devices</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">4 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #CCEEFF"> <td style="font: 10pt Times New Roman, Times, Serif">Vehicles</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">3 years</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250531__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zcKCG4qlhh06" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table>

P2Y

P3Y

P4Y

P7Y

P5Y

P2Y

P4Y

P3Y

P5Y

Research and Development Research and development costs are expensed in the period they are incurred in accordance with ASC 730, Research and Development unless they meet specific criteria related to technical, market and financial feasibility, as determined by Management, including but not limited to the establishment of a clearly defined future market for the product, and the availability of adequate resources to complete the project. If all criteria are met, the costs are deferred and amortized over the expected useful life or written off if a product is abandoned. At May 31, 2025 and February 28, 2025, the Company had no deferred development costs.

Contingencies Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that it is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions.

Sales of Future Revenues The Company has entered into transactions, as more fully described in footnote 8, in which it has received funding from investors in exchange for which it will make payments to those investors based on the level of sales of certain revenue categories, generally based on a percentage of sales for those certain revenues. The Company determines whether these agreements constitute sales of future revenues or are in substance debt based on the facts and circumstances of each agreement, with the following primary criteria determinative of whether the agreement constitutes a sale of future revenues or debt: ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the agreement purport, in substance, to be a sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the Company have continuing involvement in the generation of cash flows due to the investor</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Is the transaction cancellable by either party through payment of a lump sum or other transfer of assets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Is the investors rate of return is implicitly limited by the terms of the agreement</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the Company’s revenue for a reporting period underlying the agreement have only a minimal impact on the investor’s rate of return</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Does the investor have recourse relating to payments due</td></tr> </table> In the event a transaction is determined to be a sale of future revenues, it is recorded as deferred revenue and amortized using the sum-of-the-revenue method. In the event a transaction is determined to be debt, it is recorded as debt and amortized using the effective interest method. As of the date of these financial statements, the Company has determined that all such agreements are debt.

Revenue Recognition ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”, supersedes the revenue recognition requirements and industry specific guidance under Revenue Recognition (Topic 605). Topic 606 requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. Topic 606 defines a five-step process that must be evaluated and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing accounting principles generally accepted in the United States of America (“U.S. GAAP”) including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The Company adopted Topic 606 on March 1, 2018, using the modified retrospective method. Under the modified retrospective method, prior period financial positions and results will not be adjusted. There was no cumulative effect adjustment recognized as a result of this adoption. Refer to Note 4 – Revenue from Contracts with Customers for additional information. For the three months ended May 31, 2025, two customers accounted for 65% of total revenue and for the three months ended May 31, 2024, two customers accounted for 65% of total revenue.

0.65

Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized when items of income and expense are recognized in the financial statements in different periods than when recognized in the tax return. Deferred tax assets arise when expenses are recognized in the financial statements before the tax returns or when income items are recognized in the tax return prior to the financial statements. Deferred tax assets also arise when operating losses or tax credits are available to offset tax payments due in future years. Deferred tax liabilities arise when income items are recognized in the financial statements before the tax returns or when expenses are recognized in the tax return prior to the financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was signed into law. ASC 740, Accounting for Income Taxes requires companies to recognize the effects of changes in tax laws and rates on deferred tax assets and liabilities and the retroactive effects of changes in tax laws in the period in which the new legislation is enacted. The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%. A corresponding offset has been made to the valuation allowance, and any potential other taxes arising due to the Tax Act will result in reductions to the Company’s net operating loss carryforward and valuation allowance. The Company will continue to analyze the Tax Act to assess its full effects on the Company’s financial results, including disclosures, for the Company’s fiscal year ending February 28, 2026, but the Company does not expect the Tax Act to have a material impact on the Company’s consolidated financial statements.

The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%.

Leases Lease agreements are evaluated to determine if they are sales/finance leases meeting any of the following criteria at inception: (a) transfer of ownership of the underlying asset; (b) purchase option that is reasonably certain of being exercised; (c) the lease term is greater than a major part of the remaining estimated economic life of the underlying asset; or (d) if the present value of the sum of lease payments and any residual value guaranteed by the lessee that has not already been included in lease payments in accordance with ASC 842-10-30-5(f) equals or exceeds substantially all of the fair value of the underlying asset. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) If at its inception, a lease meets any of the four lease criteria above, the lease is classified by the Company as a sales/finance; and if none of the four criteria are met, the lease is classified by the Company as an operating lease. Operating lease payments are recognized as an expense in the income statement on a straight-line basis over the lease term, whereby an equal amount of rent expense is attributed to each period during the term of the lease, regardless of when actual payments are made. This generally results in rent expense in excess of cash payments during the early years of a lease and rent expense less than cash payments in the later years. The difference between rent expense recognized and actual rental payments is recorded as deferred rent and included in liabilities.

Distinguishing Liabilities from Equity The Company relies on the guidance provided by ASC Topic 480, Distinguishing Liabilities from Equity, to classify certain redeemable and/or convertible instruments. The Company first determines whether a financial instrument should be classified as a liability. The Company will determine the liability classification if the financial instrument is mandatorily redeemable, or if the financial instrument, other than outstanding shares, embodies a conditional obligation that the Company must or may settle by issuing a variable number of its equity shares. Once the Company determines that a financial instrument should not be classified as a liability, the Company determines whether the financial instrument should be presented between the liability section and the equity section of the balance sheet (“temporary equity”). The Company will determine temporary equity classification if the redemption of the financial instrument is outside the control of the Company (i.e. at the option of the holder). Otherwise, the Company accounts for the financial instrument as permanent equity. Our Chief Executive Officer/ Chairman holds sufficient shares of the Company’s voting preferred stock that give sufficient voting rights under the articles of incorporation and bylaws of the Company such that the CEO/ Chairman can at any time unilaterally vote to increase the number of authorized shares of common stock of the Company, without the need to call a general meeting of common shareholders of the Company. Initial Measurement The Company records its financial instruments classified as liability, temporary equity or permanent equity at issuance at the fair value, or cash received. Subsequent Measurement – Financial Instruments Classified as Liabilities The Company records the fair value of its financial instruments classified as liabilities at each subsequent measurement date. The changes in fair value of its financial instruments classified as liabilities are recorded as other income (expenses).

Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) provides a framework for measuring fair value in accordance with generally accepted accounting principles. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.2in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Level 3 – Inputs that are unobservable for the asset or liability.</td></tr> </table> Measured on a Recurring Basis The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">May 31, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 36%; font-weight: bold; text-align: left">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531_z06LzYXOPGW" style="width: 12%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zCTMudntNrs1" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zIO1R5IrNsLg" style="width: 12%; text-align: right" title="Investment at cost">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z06CirNMLwn3" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531_zwTbR6eCRZP5" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zSIGWIJDOQjl" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zmj5xir1rId9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zvh9wsXUqs0a" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Investment at cost</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zcn5KpbofBZg" style="text-align: right" title="Investment at cost">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zwLHYzKwW0Jl" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_znUKuqxkCO3c" style="text-align: right" title="Investment at cost">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zo69gtLyMULd" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zMp2HQSdCRCb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZKWp69UnZDf" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYVAB8o7lCNa" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zGoa3UK7CHN2" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the incentive compensation plan referred to above , the Company recorded stock based compensation of $<span id="xdx_908_eus-gaap--AllocatedShareBasedCompensationExpense_c20250301__20250531__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zuwquXyS6tgi" title="Payment for stock based compensation warrants">0 and $<span id="xdx_903_eus-gaap--AllocatedShareBasedCompensationExpense_c20240301__20240531__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zUNeCJHozMZc" title="Payment for stock based compensation warrants">0 for the three months ended May 31, 2025 and May 31, 2024 with corresponding adjustments to incentive compensation plan payable. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, prepaid expenses and advances, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments.

The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">May 31, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 36%; font-weight: bold; text-align: left">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531_z06LzYXOPGW" style="width: 12%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zCTMudntNrs1" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zIO1R5IrNsLg" style="width: 12%; text-align: right" title="Investment at cost">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z06CirNMLwn3" style="width: 12%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531_zwTbR6eCRZP5" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zSIGWIJDOQjl" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zmj5xir1rId9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250531__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zvh9wsXUqs0a" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Investment at cost</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zcn5KpbofBZg" style="text-align: right" title="Investment at cost">100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zwLHYzKwW0Jl" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_znUKuqxkCO3c" style="text-align: right" title="Investment at cost">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zo69gtLyMULd" style="text-align: right" title="Investment at cost">50,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zMp2HQSdCRCb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZKWp69UnZDf" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYVAB8o7lCNa" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zGoa3UK7CHN2" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

100000

50000

4000000 4000000

100000

50000

4000000 4000000

Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used to determine the number of shares assumed to be purchased from the exercise of stock options and/or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive. Basic loss per common share is computed based on the weighted average number of shares outstanding during the period. Diluted loss per share is computed in a manner similar to the basic loss per share, except the weighted-average number of shares outstanding is increased to include all common shares, including those with the potential to be issued by virtue of convertible debt and other such convertible instruments. Diluted loss per share contemplates a complete conversion to common shares of all convertible instruments only if they are dilutive in nature with regards to earnings per share.

4. REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is earned primarily from two sources: 1) direct sales of goods or services and 2) short-term rentals. Direct sales of goods or services are accounted for under Topic 606, and short-term rentals are accounted for under Topic 842 (which addresses lease accounting and was adopted on March 1, 2019). As disclosed in the revenue recognition section of Note 3 – Accounting Polices, the Company adopted Topic 606 in accordance with the effective date on March 1, 2018. Note 3 includes disclosures regarding the Company’s method of adoption and the impact on the Company’s financial statements. Revenue is recognized on direct sales of goods or services when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. After adopting Topic 842, also referred to above in Note 3, the Company is accounting for revenue earned from rental activities where an identified asset is transferred to the customer and the customer has the ability to control that asset. The Company recognizes revenue from its device rental activities when persuasive evidence of a contract exists, the performance obligations have been satisfied, the transaction price is fixed or determinable and collection is reasonably assured. Performance obligations associated with device rental transactions are satisfied over the rental period. Rental periods are short-term in nature. Therefore, the Company has elected to apply the practical expedient which eliminates the requirement to disclose information about remaining performance obligations. Payments are due from customers at the completion of the rental, except for customers with negotiated payment terms, generally net 30 days or less, which are invoiced and remain as accounts receivable until collected. The following table presents revenues from contracts with customers disaggregated by product/service: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250301__20250531_za3VIWwSuyDl" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240301__20240531_zaguQd8KgP5e" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDeviceRentalActivities_maRzICv_zFJypodW02t2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Device rental activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,627,286</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">980,536</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDirectSalesOfGoodsAndServices_maRzICv_zDL3QVjM2xBk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Direct sales of goods and services</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">227,551</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">202,264</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_iT_mtRzICv_zwC8t0lJUIZc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,854,837</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,182,800</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The following table presents revenues from contracts with customers disaggregated by product/service: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250301__20250531_za3VIWwSuyDl" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20240301__20240531_zaguQd8KgP5e" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDeviceRentalActivities_maRzICv_zFJypodW02t2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Device rental activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,627,286</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">980,536</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDirectSalesOfGoodsAndServices_maRzICv_zDL3QVjM2xBk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Direct sales of goods and services</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">227,551</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">202,264</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_iT_mtRzICv_zwC8t0lJUIZc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,854,837</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,182,800</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1627286 980536 227551 202264

1854837

1182800

5. LEASES We lease certain warehouses, and office space. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. For lease agreements entered into or reassessed after the adoption of Topic 842, we did not combine lease and non-lease components. There is no lease renewal. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. Below is a summary of our lease assets and liabilities at May 31, 2025 and February 28, 2025. SCHEDULE OF LEASE ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Leases</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Classification</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 30%; padding-bottom: 1pt">Operating</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="width: 36%; text-align: left; padding-bottom: 1pt">Operating Lease Assets</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_985_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250531_zof3dxma0P71" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Operating Lease Assets">1,044,802</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250228_z9SZYDaLS4y6" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Operating Lease Assets">1,010,545</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Liabilities</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Current</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Operating</td><td> </td> <td style="text-align: left">Current Operating Lease Liability</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250531_zhhmiWTLWHYe" style="text-align: right" title="Current Operating Lease Liability">217,222</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250228_z1WojCszACj4" style="text-align: right" title="Current Operating Lease Liability">197,349</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Noncurrent</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Operating</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt">Noncurrent Operating Lease Liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250531_zZ8m2cTAGMV2" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250228_zl6bvInIyHZk" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250531_zECJ98pOvX08" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,027,735</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250228_zmuW1kxmwij2" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Note: As most of our leases do not provide an implicit rate, we use our incremental borrowing rate of 10% which for the leases noted above was based on the information available at commencement date in determining the present value of lease payments. We compare against loans we obtain to acquire physical assets and not loans we obtain for financing. The loans we obtain for financing are generally at significantly higher rates and we believe that physical space or vehicle rental agreements are in line with physical asset financing agreements. CAM charges were not included in operating lease expense and were expensed in general and administrative expenses as incurred. Operating lease cost and rent was $58,219 and $62,013 for the three months ended May 31, 2025 and May 31, 2024, respectively.

Below is a summary of our lease assets and liabilities at May 31, 2025 and February 28, 2025. SCHEDULE OF LEASE ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Leases</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Classification</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 30%; padding-bottom: 1pt">Operating</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="width: 36%; text-align: left; padding-bottom: 1pt">Operating Lease Assets</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_985_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250531_zof3dxma0P71" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Operating Lease Assets">1,044,802</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250228_z9SZYDaLS4y6" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Operating Lease Assets">1,010,545</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Liabilities</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Current</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Operating</td><td> </td> <td style="text-align: left">Current Operating Lease Liability</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250531_zhhmiWTLWHYe" style="text-align: right" title="Current Operating Lease Liability">217,222</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250228_z1WojCszACj4" style="text-align: right" title="Current Operating Lease Liability">197,349</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Noncurrent</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Operating</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt">Noncurrent Operating Lease Liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250531_zZ8m2cTAGMV2" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250228_zl6bvInIyHZk" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250531_zECJ98pOvX08" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,027,735</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250228_zmuW1kxmwij2" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1044802 1010545

217222

197349

810513

1027735

1007862

0.10

58219

62013

6. INVESTMENT On December 23, 2022 the Company entered into a Simple Agreement for Future Equity (SAFE) contract to invest $50,000 to acquire shares of a company’s capital stock at a discount. On June 3, 2024 the Company acquired a $50,000 convertible note receivable from Nightingale Intelligent Systems, Inc., a private Delaware corporation that provides unmanned aerial vehicles (UAV) for commercial applications. On January 3, 2025 the Company exchanged it’s convertible note receivable for : <span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_zXHy48qI4427" title="Convertible note receivable">1,770,840 Series A preferred shares , <span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zCvQvCGdoiQ8" title="Convertible note receivable">15,000 common shares and <span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zVclKFR8Iwpa" title="Convertible note receivable">165,000 common share warrants. On February 28, 2025, there was a 10 :1 split. The Company now holds 177,084 Series A preferred shares , 1,500 common shares and 16,500 common share warrants (at a strike price of $0.80/share). The Company values the Nightingale Intelligent Systems, Inc.’s shares and warrants at $50,000 bringing total investments at cost to $100,000 at May 31, 2025.

50000

1770840

15000

165000

10 :1 split

177084

1500

16500

0.80

50000

100000

7. REVENUE EARNING DEVICES Revenue earning devices consisted of the following: SCHEDULE OF REVENUE EARNING DEVICES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20250531_zViQRWrxr8r3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250228_z8221FrZDvN3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentOther_iI_pp0p0_maPPAEOzVkR_zMS7yO3kMUz5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Revenue earning devices</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">7,726,899</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,831,352</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iNI_pp0p0_di_msPPAEOzVkR_zIR4vXgn9l1h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,744,231</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,292,172</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--PropertyPlantAndEquipmentOtherNet_iTI_pp0p0_mtPPAEOzVkR_zrfHVQMTXOKl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,982,668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,539,180</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> During the three months ended May 31, 2025, the Company made total additions to revenue earning devices of $<span id="xdx_908_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_pp0p0_c20250301__20250531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zwDS4Xlamds" title="Revenue earning">895,547 which were transfers from inventory. During the three months ended May 31, 2024, the Company made total additions to revenue earning devices of $<span id="xdx_90A_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_pp0p0_c20240301__20240531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zQFk896NTpu4" title="Revenue earning">1,128,175 which were transfers from inventory Depreciation and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization RED</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250301__20250531_zbPylvyCGIVf" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended May 31 2025 </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240301__20240531_z8T5c9VbrS0f" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_405_eus-gaap--CostOfGoodsAndServicesSoldDepreciationAndAmortization_maODAAzUIe_zIofnHlon3Ng" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Cost of Goods Sold</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">447,955</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">201,873</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherCostAndExpenseOperating_maODAAzUIe_zm59msYt3u65" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Operating expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">54,355</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherDepreciationAndAmortization_iT_mtODAAzUIe_zYGSud3Mg3D7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Depreciation and Amortization RED</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">452,059</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">256,228</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) Revenue earning devices consisted of the following: SCHEDULE OF REVENUE EARNING DEVICES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20250531_zViQRWrxr8r3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250228_z8221FrZDvN3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentOther_iI_pp0p0_maPPAEOzVkR_zMS7yO3kMUz5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Revenue earning devices</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">7,726,899</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,831,352</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iNI_pp0p0_di_msPPAEOzVkR_zIR4vXgn9l1h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,744,231</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,292,172</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--PropertyPlantAndEquipmentOtherNet_iTI_pp0p0_mtPPAEOzVkR_zrfHVQMTXOKl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,982,668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,539,180</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

7726899

6831352

2744231

2292172

4982668

4539180

895547

1128175

Depreciation and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization RED</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250301__20250531_zbPylvyCGIVf" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended May 31 2025 </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20240301__20240531_z8T5c9VbrS0f" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_405_eus-gaap--CostOfGoodsAndServicesSoldDepreciationAndAmortization_maODAAzUIe_zIofnHlon3Ng" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Cost of Goods Sold</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">447,955</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">201,873</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherCostAndExpenseOperating_maODAAzUIe_zm59msYt3u65" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Operating expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">54,355</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherDepreciationAndAmortization_iT_mtODAAzUIe_zYGSud3Mg3D7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Depreciation and Amortization RED</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">452,059</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">256,228</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

447955

201873

4104

54355

452059

256228

8. FIXED ASSETS Fixed assets consisted of the following: SCHEDULE OF FIXED ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250531_z8A8wqoPJhwj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250228_zRpajZz9F5dg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--AutomobilesMember_zZHcrhg73im" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Automobile</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zgjCUPzkBp0a" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Demo devices</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">324,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">302,186</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zmVPPPawsGZa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Tooling</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--MachineryAndEquipmentMember_zA3G4FLn1AJh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Machinery and equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,247</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_z2tkDDNrPUsc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zB9D7BHRshPf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Office equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zo0qAri40NHa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Furniture and fixtures</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zBrNr2QIR7ga" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_z2aDh3OD6th" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Leasehold improvements</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz3lz_zcHgXqYkqdu9" style="vertical-align: bottom; background-color: White"> <td>Fixed assets gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">780,283</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">749,514</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz3lz_zyHAmpNiL1wf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(521,203</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(491,186</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz3lz_zApFPtTNS04b" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Fixed assets, net of accumulated depreciation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">259,080</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">258,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> During the three months ended May 31, 2025, the Company made additions of $<span id="xdx_905_eus-gaap--PropertyPlantAndEquipmentAdditions_pp0p0_c20250301__20250531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zk3wkmEqxXC4" title="Additions to fixed assets">46,071 of which $<span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentTransfersAndChanges_pp0p0_c20250301__20250531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zew7DJ6hf1Zk" title="Assets transfers from inventory">22,347 were transfers from inventory with remaining additions of $<span id="xdx_908_ecustom--PropertyPlantAndEquipmentRemainingAdditions_pp0p0_c20250301__20250531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_z9gvbY3CTvLh" title="Remaining additions to fixed assets">23,724. During the three months ended May 31, 2024, the Company made additions of $<span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentAdditions_pp0p0_c20240301__20240531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zxE9M6SZipXd" title="Additions to fixed assets">52,177 of which $<span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentTransfersAndChanges_pp0p0_c20240301__20240531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zpoPaIbrfmB" title="Assets transfers from inventory">33,045 were transfers from inventory with remaining additions of $<span id="xdx_90E_ecustom--PropertyPlantAndEquipmentRemainingAdditions_pp0p0_c20240301__20240531__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zRuAeGNtisU" title="Remaining additions to fixed assets">19,132. Depreciation and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250301__20250531_z6ttYHRDrDuc" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended May 31 2025 </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20240301__20240531_ziiCc1JKtgY8" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FixedAssetsMember_zpjGl6s10ebh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Fixed assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">30,017</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">41,321</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--RevenueEarningDevicesMember_zDPRXRILbuck" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Revenue earning devices</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">54,355</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Depreciation_z7aszbx5T9S9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Depreciation and Amortization included in operating expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">34,121</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">95,676</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Fixed assets consisted of the following: SCHEDULE OF FIXED ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20250531_z8A8wqoPJhwj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20250228_zRpajZz9F5dg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--AutomobilesMember_zZHcrhg73im" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Automobile</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zgjCUPzkBp0a" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Demo devices</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">324,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">302,186</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zmVPPPawsGZa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Tooling</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--MachineryAndEquipmentMember_zA3G4FLn1AJh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Machinery and equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,247</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_z2tkDDNrPUsc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zB9D7BHRshPf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Office equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zo0qAri40NHa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Furniture and fixtures</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zBrNr2QIR7ga" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_z2aDh3OD6th" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Leasehold improvements</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz3lz_zcHgXqYkqdu9" style="vertical-align: bottom; background-color: White"> <td>Fixed assets gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">780,283</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">749,514</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz3lz_zyHAmpNiL1wf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(521,203</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(491,186</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz3lz_zApFPtTNS04b" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Fixed assets, net of accumulated depreciation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">259,080</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">258,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

74237

324533

302186

107020

17247

8825

157448

15312

21225

36305

26956

780283

749514

521203

491186

259080

258328

46071

22347

23724

52177

33045

19132

Depreciation and amortization for the years ended May 31, 2025, and May 31, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250301__20250531_z6ttYHRDrDuc" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended May 31 2025 </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20240301__20240531_ziiCc1JKtgY8" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Three Months Ended May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FixedAssetsMember_zpjGl6s10ebh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Fixed assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">30,017</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">41,321</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--RevenueEarningDevicesMember_zDPRXRILbuck" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Revenue earning devices</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,104</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">54,355</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Depreciation_z7aszbx5T9S9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Depreciation and Amortization included in operating expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">34,121</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">95,676</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

30017

41321

4104

54355

34121

95676

9. DEFERRED VARIABLE PAYMENT OBLIGATION On February 1, 2019 the Company entered into an agreement with an investor whereby the investor would pay up to $900,000 in exchange for a perpetual 9% rate payment (Payments) on the Company’s reported quarterly revenue from operations excluding any gains or losses from financial instruments (Revenues). At <span id="xdx_905_eus-gaap--DebtInstrumentDateOfFirstRequiredPayment1_dd_c20200229__20200229__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember_ziNAShbeBBx3" title="Debt instrument, date of first required payment">February 29, 2020 the investor has advanced the full $900,000. On May 9, 2019 the Company entered into two similar arrangements with two investors: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The investor would pay up to $400,000 in exchange for a perpetual 4% rate Payment on the Company’s reported quarterly Revenues. At February 29, 2020, $400,000 has been paid to the Company.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The investor would pay up to $50,000 in exchange for a perpetual 1.11% rate Payment on the Company’s reported quarterly Revenues. At February 29, 2020, $50,000 has been paid to the Company.</td></tr> </table> These variable payments (Payments) are to be made 30 days after the end of each fiscal quarter. If the Payments would deplete RAD’s available cash by more than 30%, the Payments may be deferred for up to 12 months after the quarterly report at an interest rate of 6% per annum on the unpaid amount. In the event that at least 10% of the assets of the Company are sold by the Company, the investors would be entitled to the fair market value (FMV) of all future Payments associated with the assets sold as determined by an independent valuator to be chosen by the investors. The FMV cannot exceed 30% of the total asset disposition price defined as the total price paid for the assets plus all future Payments associated with the assets sold. In the event that the common or preferred shares are sold by the Company to a third party as to effect a change in control, then the investors must be paid the FMV of all future Payments in one lump payment. The FMV cannot exceed 30% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) On November 18, 2019, the Company entered into another similar arrangement with the (February 1, 2019) investor above whereby the investor would advance up to $225,000 in exchange for a perpetual 2.25% rate Payment on the Company’s quarterly Revenues (commencing on quarter ending May 31, 2020). At February 29, 2020, the investor has advanced $109,000 and the investor advanced the $116,000 remainder as of May 2020. On December 30, 2019, the Company entered into another similar arrangement with a new investor whereby the investor would advance up to $100,000 in exchange for a perpetual 1.00% rate Payment on the Company’s quarterly Revenues (commencing quarter ended November 30, 2020). At February 29, 2020, the investor has advanced $50,000 with the remainder to be advanced no later than June 30, 2020. If the total investor advances turns out to be less than $100,000, this would not constitute a breach of the agreement, rather the <span id="xdx_905_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20191230__20191230__us-gaap--RelatedPartyTransactionAxis__custom--InvestorTwoMember_zhuhyKYYQJr" title="Percentage rate of interest pro data basis">1.00% rate would be adjusted on a pro-rata basis. On April 22, 2020, the Company entered into another similar arrangement with the (first May 9, 2019) investor above whereby the investor would advance up to $100,000 in exchange for a perpetual 1.00% rate Payment on the Company’s quarterly Revenues. At May 31, 2020, the investor has fully funded this commitment. On July 1, 2020, the Company entered into a similar agreement with the first investor whereby the investor would pay up to $800,000 in exchange for a perpetual 2.75% rate payment (Payment) on the Company’s reported quarterly revenue. These Payments are to be made 90 days after the fiscal quarter with the first payment being due no later than May 31, 2021. If the Payments would deplete RAD’s available cash by more than 20%, the payment may be deferred. The investor had agreed to pay $100,000 per month over an 8 month period with the first payment due July 2020 and the final payment no later than February 28, 2021. As at August 31, 2020 the investor had fully funded the $800,000 commitment. On August 27, 2020, the Company and the first investor referred to above consolidated the three separate agreements of February 1, 2019 for $<span id="xdx_903_eus-gaap--DebtInstrumentFaceAmount_iI_c20190201__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementOneMember_zDnfDBVY7tL8" title="Principal amount">900,000, November 18, 2019 for $<span id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_c20191118__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementTwoMember_z7CmHODVTNf1" title="Principal amount">225,000 and July 1, 2020 for $<span id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_c20200701__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementThreeMember_zNPpTDw320ca" title="Principal amount">800,000 into a new agreement for a total of $1,925,000. This new agreement is for similar terms as the above agreements save for the following: the rate payment is revised to 14.25% payable on revenues commencing the quarter ended August 31, 2020. Upon an event of default that we are unable to cure in the time allotted under the agreements, these Payments may be secured with a priority lien by UCC filing against all of our assets, but is subordinated to equipment financing or leasing agreements on the products the Company leases to its customers. In summary of all agreements mentioned above if in the event that at least <span id="xdx_900_eus-gaap--InvestmentSoldNotYetPurchasedPercentOfNetAssets_iI_pid_dp_uPure_c20200827__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember_zV7VffZj0KEi" title="Percentage of exchange rate">10% of the assets of the Company are sold by the Company, the investors would be entitled to the fair market value (FMV) of all future Payments associated with the assets sold as determined by an independent valuator to be chosen by the investors. The FMV cannot exceed 43.77% of the total asset disposition price defined as the total price paid for the assets plus all future Payments associated with the assets sold. In the event that the common or preferred shares are sold by the Company to a third party as to effect a change in control, then the investors must be paid the FMV of all future Payments in one lump payment. The FMV cannot exceed 43.77% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments. As of March 1, 2021 as a result of the amendment with the first investor noted below. This aggregate asset disposition % was reduced from 43.77 % to 33.77%. The Payments first become payable on June 30, 2019 (unless otherwise indicated) based on the quarterly Revenues for the quarter ended May 31, 2019 and accrue every quarter thereafter. As of May 31, 2025, the Company has accrued $2,202,545 in Payments of which $1,096,700 are in arrears. As of February 28, 2025, the Company has accrued approximately $1,901,258 in Payments, of which $904,377 is in arrears. No notices have been received by the Company. On March 1, 2021, the first investor referred to above whose aggregate investment is $1,925,000 revised his agreements as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">1)</td> <td style="font: 10pt Times New Roman, Times, Serif">The rate payment was reduced from <span id="xdx_906_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MaximumMember_zmnAp7zSejua" title="Percentage of exchange rate">14.25 % to <span id="xdx_902_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MinimumMember_zwxpnK3BMCLj" title="Percentage of exchange rate">9.65 %</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">2)</td> <td style="font: 10pt Times New Roman, Times, Serif">The asset disposition % (see below) was reduced from <span id="xdx_90C_ecustom--PercentageOfTotalAssetDispositionPrice_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MaximumMember_z9pgFAz6mpAh" title="Percentage of total asset disposition price">31 % to <span id="xdx_90B_ecustom--PercentageOfTotalAssetDispositionPrice_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MinimumMember_zJHJAtWTjAB1" title="Percentage of total asset disposition price">21%</td></tr> </table> In consideration for the above changes, the investor received 40 Series F Convertible Preferred Stock and a warrant to purchase <span id="xdx_90E_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_znzXn7qxCDmb" title="Warrants to purchase stock">367 shares of its Series F Convertible Preferred Stock with a five<span id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zezDmxzO7syb" title="Warrants term">5-year term and an exercise price of $<span id="xdx_907_eus-gaap--WarrantExercisePriceIncrease_pid_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zq8LCexIXrei">1.00. During the three months ended May 31, 2021, the warrant holder exercised warrants to acquire <span id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight_iI_c20210531__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zcZ7jd6tqxYd" title="Warrants exercised">38 shares of Series F Convertible Preferred Stock. The Company attributed a fair value based on recent transactions for the Series F Preferred stock and warrants of $<span id="xdx_90E_eus-gaap--FairValueAdjustmentOfWarrants_c20210301__20210531__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zulNucPox8lh" title="Fair value of warrants">33,015,214 and recorded a loss on settlement of debt with a corresponding adjustment to paid in capital. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) The Company retains total involvement in the generation of cash flows from these revenue streams that form the basis of the payments to be made to the investors under this agreement. Because of this, the Company has determined that the agreements constitute debt agreements. As of May 31, 2025, and February 28, 2025, the long-term balances other than Payments already owed is the cash received of $2,525,000 and $2,525,000, respectively. For both the three months ended May 31, 2025, and year ended February 28, 2025, the Company has received $0 related to the deferred payment obligation since there were no new agreements during this period. The balance remains $2,525,000 at both May 31, 2025 and February 28, 2025. 900000 0.09

2020-02-29

900000 400000 0.04 400000 50000 0.0111 50000

These variable payments (Payments) are to be made 30 days after the end of each fiscal quarter. If the Payments would deplete RAD’s available cash by more than 30%, the Payments may be deferred for up to 12 months after the quarterly report at an interest rate of 6% per annum on the unpaid amount.

the FMV of all future Payments in one lump payment. The FMV cannot exceed 30% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments.

225000

0.0225

109000

116000

100000

0.0100 50000

100000

0.0100

100000

0.0100 800000 0.0275

If the Payments would deplete RAD’s available cash by more than 20%, the payment may be deferred. The investor had agreed to pay $100,000 per month over an 8 month period with the first payment due July 2020 and the final payment no later than February 28, 2021. As at August 31, 2020 the investor had fully funded the $800,000 commitment

900000

225000

800000

1925000

0.1425

0.10

The FMV cannot exceed 43.77% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments. As of March 1, 2021 as a result of the amendment with the first investor noted below. This aggregate asset disposition % was reduced from 43.77 % to 33.77%

2202545

1096700

1901258

904377

1925000

0.1425 0.0965 0.31 0.21

367

P5Y

1.00

33015214

2525000 2525000 0 0 2525000 2525000

10. RELATED PARTY TRANSACTIONS For both the three months ended May 31, 2025, and May 31, 2024, the Company had no repayments of net advances from its loan payable-related party. At May 31, 2025, the loan payable-related party was $335,065 and $329,365 at February 28, 2025. Included in the balance due to the related party at May 31, 2025, is $258,533 of deferred salary and interest, $190,013 of which bears interest at <span id="xdx_906_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20250301__20250531__us-gaap--RelatedPartyTransactionAxis__us-gaap--RelatedPartyMember_zhRZ3rd3BGMg" title="Percentage of interest expense due to related party">12%. As of February 28, 2025, included in the balance due to the related party is $252,833 of deferred salary and interest, $190,013 of which bears interest at <span id="xdx_90F_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20240301__20250228__us-gaap--RelatedPartyTransactionAxis__us-gaap--RelatedPartyMember_zGHb6t8woAjk" title="Percentage of interest expense due to related party">12%. The accrued interest included in the loan at May 31, 2025, and February 28, 2025, was $57,275, and $51,575, respectively. During the three months ended May 31, 2025, the Company paid out gross payments to the CEO of $1,496,687 offset by a bonus accrual of $250,000, which yields a net change of $1,246,687 relating to deferred compensation for CEO. This was all in accordance with a December 2023 board action allowing for $1 million of annual discretionary compensation as well as a February 28, 2025, board action which provided an additional $1.5 million in compensation. There were no payments or accruals for the three months ended May 31, 2025, relating to deferred compensation for CEO. The balance of deferred compensation for CEO was $955,913 and $2,202,600 at May 31, 2025, and February 28, 2025, respectively For the three months ended May 31, 2025, the Company accrued $<span id="xdx_901_eus-gaap--EmployeeBenefitsAndShareBasedCompensation_c20250301__20250531__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zNVj9JIZjmrh" title="Incentive compensation plan payable">0 (three months ended May 31 2024-$<span id="xdx_90F_eus-gaap--EmployeeBenefitsAndShareBasedCompensation_c20240301__20240531__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zLdw20SLsXUi" title="Incentive compensation plan payable">0) of incentive compensation plan payable to the CEO . This will be payable in Series G Preferred Shares which are redeemable at the Company’s option at $<span id="xdx_904_eus-gaap--SharePrice_iI_pid_c20250531__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zIchJdC5yCW9" title="Share price">1,000 per share. At May 31, 2025, and February 28, 2025, there was $4,000,000 and $4,000,000 of incentive compensation payable. During the three months ended May 31, 2025, and 2024, the Company was charged $736,875 and $631,584, respectively for fees for research and development from a company partially owned by a principal shareholder. The principal shareholder received no compensation from this partially owned research and development company and the fees were spent on core development projects. As at both May 31, 2025, and February 28, 2025, the balance due to this company was $76,532. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

335065

329365

258533

190013

0.12

252833

190013

0.12

57275

51575

1496687

250000

1246687

1000000

1500000

955913

2202600

1000

4000000

736875

631584

76532

11. LOANS PAYABLE Loans payable at May 31, 2025 consisted of the following: SCHEDULE OF LOANS PAYABLE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">Date</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Maturity</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Description</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Principal</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Interest Rate</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 22%">July 18, 2016</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 20%">July 18, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 21%">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 3%">(1)*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%">$</td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zsp5ECXonYhl" style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: right" title="Debt instrument, face amount">3,500</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zemsOmyddH8a" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Annual interest rate">22</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_z0BgCPIzcFk3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,921,168</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_zWacivKJi5X9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zzsKq3kAbeZ" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">2,754,338</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zim2I0QXOOT6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(4)*</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zcGBvPbalFf1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">165,605</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zZvRDq7SMiae" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">December 14, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zza0TGVdm823" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">310,375</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zfNGeYGruDYi" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 30, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zJtJYExOWzrd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zS1scSOvg6rd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">January 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_z07rDDkcGEBk" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">25,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zV2ne9luhwih" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">January 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_zVyrAwrv4A3j" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">145,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_zKbnP2HXAHtf" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">January 14, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_zhQx2NTqY5I6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">-</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_z2r7hgFnSQVe" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">February 22, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zLL5xLk27g35" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">1,650,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zmSDirnj9if9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zlurHgJeELJe" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">5,175,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zuPkou7BJ7H8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">June 8, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">June 8, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____zTsabyrxw816" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">2,750,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____z5s494XzayIj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">July 12, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">July 26, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zKa4aFpmoMP" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,690,360</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zyJ4PRBGekQd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">7</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">September 14, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">September 14, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zV7HbYWcVpNc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">1,650,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____z8ZhkRrxo8Sc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">July 28, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____z2LpLdjuxXi1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">170,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____z2J9OB4gBela" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">August 30, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">August 30,2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____zEzGPT2mHIa" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,000,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____znOAWQSRpdp9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">September 7, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zkA9ru1wHXv5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zsS1Sw5bjRe1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">September 8, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zPd99CL9DdOd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">475,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zrt2fjauL2Qj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">October 13, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____zrgtStGj0FHd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____z4Ov2CDCsxE6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">October 28, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zpKtwl8kyopb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zAnsZVH9jA9i" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">November 9, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zkvcEaozQIb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zcC5rg9hlWU6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">November 10, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zOkC6NoNItB5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zMHFeGgcbyP4" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">November 15, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zgszDJVUKAy1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zaEDT9Ctq18f" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">January 11, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zHLJoDEs4WKj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____z2GeQTOjPcy9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">February 6, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zkAJqUgK0Sj5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zOUzdGwF6WW3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">April 5. 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zpfZFKihvIY3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zoGs4zdAE9ye" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">April 20, 23</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zWlPv7PR0uTb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____z0SfyTsE2rQf" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">May 11, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zc0MmmdbS1q5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zA5g5chccdm9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">October 27, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zudoDu1hSts" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zTdX2SMA64z9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">November 30, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">April 30, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Purchase Agreement</td> <td style="font: 10pt Times New Roman, Times, Serif">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zKOB7YSv3Ge" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">203,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zJTyihoL9Pm8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">35</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">March 8, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">August 8, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Purchase Agreement</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____zhYoZ7s8EUWi" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____z7ojISXLP2u3" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right" title="Annual interest rate">35</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531_zq1c6l44uu76" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">31,538,346</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif">Less: current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_ecustom--LongTermNotesPayableNonCurrent_iI_pp0p0_c20250531_z9PtKOn1HTDb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: current portion of loans payable">(519,105</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Less: discount on non-current loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_ecustom--DiscountOnLongTermNotesPayableNonCurrent_iI_pp0p0_c20250531_z7fMj6Kc6j1k" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: discount on non-current loans payable">(313,074</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Non-current loans payable, net of discount</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_98C_eus-gaap--LongTermNotesPayable_iI_pp0p0_c20250531_z7jzW0BXyvge" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Non-current loans payable, net of discount">30,706,167</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif">Current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_98F_eus-gaap--LongTermDebtCurrent_iI_pp0p0_c20250531_zRGZIWxDNixh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Current portion of loans payable">519,105</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Less: discount on current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_ecustom--DiscountOnLongTermNotesPayableCurrent_iI_pp0p0_c20250531_zdd1OHCQIFbj" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: discount on current portion of loans payable">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Current portion of loans payable, net of discount</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_983_eus-gaap--NotesPayableCurrent_iI_pp0p0_c20250531_zpbwDsOC1Nr4" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Current portion of loans payable, net of discount">519,105</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 34px; text-align: justify">*</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">In default</td></tr> </table> On March 1, 2024 the Company adjusted the relative fair value unamortized discount on the above notes by $4,175,535 with a corresponding adjustment to accumulated deficit to apply ASU 2020-06. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed on the lender.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zBakcwSECyQ1" title="Convertible notes payable">2,683,357 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zGWQrrmPM65a" title="Accrued interest">1,237,811 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zhs1MmTQPGvb" title="Conversion of convertible securities">3,921,168 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zCJdXfRUe9y4" title="Notes payable">3,921,168, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_z7GepsGlq4ma" title="Purhase of warrants">450,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zCJ5Hc266aO1" title="Exercise price">.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zVgN1uONibgf" title="Fair value">990,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zWbJoAdjdE6f" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zUOhfBuq20S4" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zKyyNt8Pkpw5" title="Convertible notes payable">1,460,794 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_z4DTEm8tIbE5" title="Accrued interest">1,593,544 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zpJ3OSqRzgg8" title="Conversion of convertible securities">3,054,338 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zRlOlOUwefee" title="Conversion value">3,054,338, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zXwplU55otu2" title="Purhase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zUUDh1vTn3Uh" title="Exercise price">0.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zT5XZ8EwLmU4" title="Fair value">550,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20230301__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zolyFN4pVAzg" title="Repayment of debt">300,000 has been repaid during the year ended February 29, 2024. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_ztUE5DLRw3X6" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zfLENqXStFkh" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zW2vDycQuKB5" title="Convertible notes payable">103,180 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zaVriL2m1iVe" title="Accrued interest">62,425 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zqfMFKPzc0B4" title="Conversion of convertible securities">165,605 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z73Y7FODbB3b" title="Notes payable">165,605, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zBK2YJvg8T15" title="Purhase of warrants">80,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zEgfGVwSgWC4" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zsiEgg98Jcml" title="Fair value">176,000.<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z3laiUl1M6I5" title="Debt instrument maturity date description">The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--InterestExpense_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zOxVM47GoEJg" title="Interest expense">22,958 was paid and charged to interest expense. The note is in default. No notices have been sent. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zG3z7jbNzsG4" title="Convertible notes payable">235,000 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zTLOcfLYLZ6k" title="Accrued interest">75,375 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zZ0et54tMFtk" title="Conversion of convertible securities">310,375 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z1naJcJB88K4" title="Notes payable">310,375, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z4X1S065HTR9" title="Purhase of warrants">25,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zx9UwotECwvl" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zc90WCKT4Dnh" title="Fair value">182,500.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zJcl9eH3ore2" title="Prepaid expense">350,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z9Mu4057BAqd" title="Original issue discount">35,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zOeb2RE3AuNi" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zPDDIEtffmN2" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z0F1zMMbuxP6" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zWETbVKvF2T9" title="Fair value">271,250. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zOHrp86OgJV1" title="Debt discount">271,250 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zc6KPplgoHt3" title="Debt discount">65,092 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zJbvMq12q7uc" title="Unamortized discount">8,399 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zzSXt9irPjH5" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znmQLnG2802c" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z7qBfzppTvYg" title="Amortization of debt expense">138, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zPuFLpkj6Fkb" title="Unamortized discount">0 at May 31, 2025.The loan is fully amortized. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zUZ0z7bGG83g" title="Convertible notes payable">9,200 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zc1CShOJ1blc" title="Accrued interest">6,944 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zJs7nZ9905Wb" title="Conversion of convertible securities">16,144 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zjTSwlqlyXmc" title="Notes payable">25,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_znPBbGe4aiJ" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zSBVUvUZvEB9" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zNcrnwTWz4lk" title="Convertible notes payable">79,500 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zphIqDFr5pwh" title="Accrued interest">28,925 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zU2FxGSebCLa" title="Conversion of convertible securities">108,425 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zYiNS9WVPkze" title="Notes payable">145,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zg5UgAG2Ijz3" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zoMvtQkwtoya" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zU9G0OmFbwA3" title="Prepaid expense">550,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zRDSTIrkLiJc" title="Original issue discount">250,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zVKx5iQjadWg" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_znQU5QNKl4G3" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zGPBGoVf9Va8" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zXfwfbRXDR06" title="Fair value">380,174. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zngZgQHLqJUk" title="Debt discount">380,174 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zkT87owwvBRf" title="Debt discount">80,284 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zCrKsNaM0eSd" title="Unamortized discount">10,559 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zD6P8LscWk4d" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z0JQvYCCO1lk" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zHG4y8MRL8vk" title="Amortization of debt expense">144, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zAPhibejUVtf" title="Unamortized discount">0 at May 31, 2025.The loan is fully amortized. On February 11, 2025, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PaymentsForRepurchaseOfCommonStock_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z5RMe8HYqO8j" title="Repayments of common stock">162,000 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zxQ0MsFpIJw9" title="Issuance of common stock">60,000,000 common shares. The remaining $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_c20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z081UXNZUGlf" title="Debt instrument, face amount">388,000 in loan principal as well as $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20250305__20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zCFOPzqdU6Mg" title="Debt instrument, accrued interest">35,500 in accrued interest ( all totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zWApBF6l1f0c" title="Debt instrument, carring amount">425,500) was repaid on March 5, 2025 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250305__20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zmTaldxnSo2g" title="Issuance of common stock">185,000,000 common shares.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zHSIOvPOHddf" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zfDpWmvCmZH" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zsdO5W2NZ4cj" title="Purchase of warrants">100,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z3AUW5kQpPY3" title="Exercise price">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z5jKnmJ9GJOk" title="WarrantsTerm">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zuG7UfJg6bNe" title="Fair value">1,342,857. The discount and warrant are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z1fToCoQUdhk" title="Debt discount">1,342,857 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. The maturity date was extended from February 22, 2022, to February 22, 2024, on February 28, 2022, in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zMWuSRcEPBJb" title="Purchase of warrants">50,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zXzOUqCMvmj2" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z2RH3eHZmi27" title="WarrantsTerm">3-year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zBrCogXJ6Dnh" title="Interest expenses">950,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zadtRYxiUurd" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from February 22, 2024, to March 1, 2025, with all other terms and conditions remaining the same. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zlZbjJRog759" title="Debt discount">497,614 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zNVqjeW7jQ4d" title="Unamortized discount">55,585 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zC86fGOqRPDl" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zW4kBPjLE1Vh" title="Amortization of debt expense">700, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zSw86wUtvIJh" title="Unamortized discount">0 at May 31, 2025. The loan is fully amortized. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The unsecured note may be pre-payable at any time. Cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_znLMUq10CSi" title="Proceeds from issuance of debt">5,400,000 were received. The note balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zd8BJ0bqmHkh" title="Notes payable">6,000,000 includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zpXFD35CCNJc" title="Original issue discount">600,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zzSJjeBSy2X3" title="Purchase of warrants">300,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_znDt8tJ7SWsc" title="Exercise price">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zyGSOXhEwCai" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zB1yOrEJzy8" title="Fair value">4,749,005 using Black-Scholes with assumptions described in note 13. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zJYTGOFADQzc" title="Debt discount">4,749,005 with a corresponding adjustment to paid in capital for the relative value of the warrant. The maturity was extended from March 1, 2022 to March 1, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zXA7dIUBX6a4" title="Purchase of warrants">150,000,000 shares of common stock at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zO8JyT0mBvs1" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zAKoRCPEQTZ4" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zARigGQD1rIa" title="Interest expenses">2,850,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note has been fully amortized. This note was again extended to March 1, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_z9LWC0dhwTQe" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company has issued <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--SharesIssued_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zDjxQMUclBOk" title="Number of shares issued">500,000,000 common shares to repay $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--RepaymentsOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zjdWKzyJVgv7" title="Repayment of loan">825,000 in loan principal. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ProceedsFromIssuanceOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zucHXUEHUr1b" title="Proceeds from issuance of debt">2,750,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zklJYnYPbZuf" title="Original issue discount">50,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zGsHBuwKfaeb" title="Purchase of warrants">170,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zkYV1qNKcnsh" title="Exercise price">0.064 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zwGi53qfd7zi" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zYJQ9SbzR4o3" title="Fair value">2,035,033. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zmWLYzmaRsw1" title="Debt discount">2,035,033 with a corresponding adjustment to paid in capital. The maturity date was extended from June 8, 2022 to June 8, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zcqUkECN4q9j" title="Purchase of warrants">85,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zqHQWfdq4Ur8" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zPTh5AuSAzWk" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z8utMUf8uQa7" title="Interest expenses">1,615,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note was extended to June 8, 2025. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zEHtsxM3dpC4" title="Debt discount">33,547 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z4KeAD4gBik3" title="Unamortized discount">4,121 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zrmS6mbStf3d" title="Amortization of debt expense">964, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zWK537Gg383" title="Unamortized discount">0 at May 31, 2025. The loan is fully amortized <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zOGAowwsA9y2" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This loan, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zTCFWPQVhu85" title="Prepaid expense">4,000,160, was in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--TitleOfIndividualAxis__srt--DirectorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zOkj8E4ji1I8" title="Conversion of convertible securities, shares">184 Series F preferred shares from a former director. The interest and principal are payable at maturity. The loan is unsecured. During the three months ended May 31, 2025 the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--RepaymentsOfNotesPayable_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zgzHyDEzumPi" title="Debt amount repaid">50,000 as part of a settlement with the estate of the lender . A settlement agreement was entered into on April 25,2025 between the Company and the Estate of the lender whereby the Company would repay a total of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--RepaymentsOfDebt_c20250425__20250425__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_ztrUpDrpEcr8" title="Repayment of debt">420,000 to fully discharge the outstanding loan balance and accrued interest which totals $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--OutstandingLoanAndAccruedInterest_iI_c20250425__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zjQlqZigWl55" title="Outstanding loan balance and accrued interest">4,790,185. The Company was required to pay $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--RepaymentsOfNotesPayable_c20250709__20250709__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zrNY7hK0njN9" title="Debt amount repaid">50,000 in trust , which it did with the remainder to be repaid by July 9, 2025. This settlement agreement was subject to court approval which was granted on June 5, 2025. The Company and the estate of the lender have modified the remaining payment schedule. The Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250630__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zWgik0CgMNek" title="Debt amount repaid">150,000 in June and will repay the $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250809__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--StatementScenarioAxis__srt--ScenarioForecastMember_zvUe0nRezFof" title="Debt amount repaid">220,000 remaining balance by August 9, 2025. At May 31, 2025 the outstanding principal and interest was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--OutstandingPrincipalAndInterestAmount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zzU0iI9vw9y" title="Outstanding principal and interest amount">4,740,185. Upon settlement in August , the Company will record a gain on settlement of debt of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--GainsLossesOnExtinguishmentOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zceBQqmjcVB5" title="Gain on settlement of debt">4,370,185.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z2QqOY0EyWi5" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zYo9PqVllCzc" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zJszLLa4Gxw" title="Purchase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zG6QpmiwXTMj" title="Exercise price">0.037 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zKjmawgrc6s1" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zXloO7qVkGlb" title="Fair value">1,284,783, The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zy7ULzmKHgoi" title="Debt discount">1,284,783 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z0HQFCHN9PSg" title="Debt discount">572,549 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z1Hu1PkAtM8" title="Unamortized discount">66,846 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--AmortizationOfDebtDiscountPremium_pp0p0_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_ztnHXj1ewYPd" title="Amortization of debt expense">1,935, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z5qe0eeakR0i" title="Debt instrument, unamortized discount">23,246 at May 31, 2025. On April 16, 2025, the parties again extended the maturity date from September 14, 2025, to September 14, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zvHvUY9HL5Ej" title="Prepaid expense">170,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zB2PRvxCf3xf" title="Original issue discount">20,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zus5O0mXgPH3" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zAf9CByJjpKc" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> A warrant holder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zXJImUHpuZjj">955,000,000 warrants for a promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zLvc6IrGMQAc">3,000,000, bearing interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zPIDhg8niEv4">15% with a two year maturity. The fair value of the warrants was determined to be $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zyzB8Tg3BBZ4">2,960,500 with a corresponding adjustment to paid-in capital and a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zR4kcXLhNv17">39,500 which will be amortized over the term of the loan. Principal and interest due at maturity. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zpDiW7RTGoMd" title="Debt discount">11,535 was removed with a corresponding adjustment to accumulated deficit. This note has been fully amortized. This note was extended to August 30, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z8jkLEBuEatd" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zEKNZhoJwIz9" title="Prepaid expense">400,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_z7BCBTTree6g" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_z0mwDjsr86G" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zT5wlAcV00lj" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zg7xxLoT3QTk" title="Prepaid expense">475,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zQTawchYYba8" title="Original issue discount">75,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zizXkjo9qtv5" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zMETFrOFD06g" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zCoGx3t2Z6bb" title="Prepaid expense">350,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z128cvl66t4j" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zeYvcMxH94mg" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z29SEl4MJSd2" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> On October 28, 2022, the Company entered into an loan facility with a lender for up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember_zeHoFg38maFg" title="Loans payable">4,000,000 including an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zLviRxdZiR8a" title="Original issue discount">500,000. In exchange the Company will issue one series F Preferred Share, extended <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--SharesIssued_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_ziehxHsUaZKg" title="Shares issued">329 series F warrants with a March 1, 2026 maturity to a new October 31, 2033 maturity, and issue up to 10 tranches with each tranche of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zSc6I747Zwo1" title="Notes payable">400,000, with cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zhPSSrFVYB24" title="Cash proceeds">350,000 an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zL3CHh2ty3S6" title="Discount amount">50,000, October 31, 2026 maturity, and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFWarrantsMember__us-gaap--AwardTypeAxis__custom--OctoberThirtyOneTwentyThirtyThreeMember_zhMwUxr6FtEc" title="Purchase of warrants">61 Series F warrants with a October 31, 2033 maturity. Secured by a general security charging all of the Company’s present and after-acquired property. At February 29, 2024 the Company has issued all 10 tranches totaling $ <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zVDYiQVcyX29" title="Discount amount">4,000,000 as follows:</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">October 28, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zFb7vvHCMiR6" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_z0IwxCUInRZ7" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zeDx7BiRD7gi" title="Purchase of warrants">61 Series F Preferred Share warrants and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredSharesMember_zg5QgBrepia8" title="Conversion of convertible securities, shares">1 Series F Preferred Share having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zIxSFKwNL8W8" title="Fair value">299,399. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zJFnuH9VVgjb" title="Debt discount">286,775 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zUmV6bzxPVn4" title="Unamortized discount">47,892 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zYcTrVWmNbu5" title="Amortization of debt expense">4,272, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zDziSzMqq7Pk" title="Unamortized discount">28,638 at May 31, 2025. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">November 9, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zrXNvy038LUj" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zVEjVcYFJyZg" title="Original issue discount">50,000 , <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zcnVZv6LBAc7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zRygkWNsAjv7" title="Fair value">299,750. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zNYnwicF3UV" title="Debt discount">288,513 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zfPCl0Ko6bWh" title="Unamortized discount">48,126 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z23ICBdyEQn9" title="Amortization of debt expense">4,293, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zhmWkgfAeW4h" title="Unamortized discount">28,783 at May 31, 2025.</td></tr> </table> November 10, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zxH6d1Me7AOb" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_z3CjNrIGTCi7" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zhJZNKv9OfK7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zr56c9d6rp05" title="Fair value">302,020. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zUFLKYgK8dZ9" title="Debt discount">291,694 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zFQumaAkPu52" title="Unamortized discount">48,290 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zp2fS4YHecri" title="Amortization of debt expense">4,307, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zKkpbXlvmkO3" title="Unamortized discount">28,885 at May 31, 2025. November 15, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--LoansPayable_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUO7yVdGG514" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zr2DEnjSS9th" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zz8H8Jf4j8we" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUANqZDYj97l" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUmkUwBQWF03" title="Debt discount">287,814 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zoBI6zNp3vwh" title="Unamortized discount">47,976 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zDGNX3f1qkci" title="Amortization of debt expense">4,280, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zimbk7MAcuvi" title="Unamortized discount">28,691 at May 31, 2025. January 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zW6FMmcj8hxe" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zlyKh8O0QGfl" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zsr2a5DsiWEa" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zKK1jx1cpGo1" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z4YH1j7Ci3F7" title="Debt discount">286,813 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z98DxKSViLk5" title="Unamortized discount">48,124 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zbbjcKoPGd15" title="Amortization of debt expense">4,293, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zlzmlthObs32" title="Unamortized discount">28,783 at May 31, 2025. February 6, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zoEbmtOh0eYc" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zDMa27vBWeK9" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zHBAXHoTbKjd" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_z5w4EI9Xj8v4" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_z7g2rJ7vPOJa" title="Debt discount">288,342 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zCbtminIHYIa" title="Unamortized discount">48,294 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zTWxUFBrQhcd" title="Amortization of debt expense">4,307, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zG3kTsoHNr97" title="Unamortized discount">28,888 at May 31, 2025. April 5, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zeDCjPtbY6c" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zyQP0gkDQKGl" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zgT4iPK95F48" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zx7lzuuOvRuc" title="Fair value">296,245. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zKfpR2QhzV57" title="Debt discount">286,821 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zjSa5BhLW6Ig" title="Unamortized discount">48,409 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zD4dsvqkYSOf" title="Amortization of debt expense">4,317, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zsyndZCvErwf" title="Unamortized discount">28,959 at May 31, 2025. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 20, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zxjLrmKRAcM1" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zJ0tKLGazmUa" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zK2ZDsRDNDc3" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zB6dRE4zACQj" title="Fair value">302,219. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zC5lDXmA7xwi" title="Debt discount">294,824 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zicMioSE9W46" title="Unamortized discount">48,777 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zVHMOCS3bPF5" title="Amortization of debt expense">4,349, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zh5rgcnYMEI3" title="Unamortized discount">29,186 at May 31, 2025. May 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zTWXahybVFy8" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zklHXeKYvZV1" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zposZiD7UD4c" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zO5ulNagAFV5" title="Fair value">348,983. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zU5PR4ghuIX5" title="Debt discount">348,831 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zdH4ZMDeeQY9" title="Unamortized discount">49,978 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zz20I0yYKA64" title="Amortization of debt expense">4,454, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zInAjK7xfAG8" title="Unamortized discount">29,930 at May 31, 2025. October 27 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_z8SJQPR7ksb4" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zij7fltNy2G8" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z5iNVr263Uy7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_ziOLXl3Gmwqk" title="Fair value">261,759. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zYMmKoXpVm8l" title="Debt discount">254,487 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_znZAA8rXA2Yl" title="Unamortized discount">48,611 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zKyW4OLo0w83" title="Amortization of debt expense">4,335, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zVPpxqqbTcO4" title="Unamortized discount">29,083 at May 31, 2025. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On November 30, 2023, the Company entered into an agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--LoansPayable_iI_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9y6Fg9z6Dad" title="Loans payable">350,000 in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentFrequencyOfPeriodicPayment_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zevNMYxrwpjb" title="Monthly payments">thirteen future monthly payments of $36,750 commencing on April 30,2024 through to April 30, 2025 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ProceedsFromRepaymentsOfDebt_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zrTMEISq9v3g" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zOKPu1BVO4eg" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after-acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z4Hl00pMYGF" title="Default rate">15% per annum calculated daily on any missed monthly payment. The Company has repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--RepaymentsOfDebt_c20240701__20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9MA6T7pITR8" title="Repayment of debt">147,000 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9phcnLWJPW9" title="Accrued interest">53,000 in accrued interest in July to account for the missed April through to August 2024 payments in agreement with the lender. The Company have missed the subsequent monthly payments. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zrCL67ziv0qh" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On March 8, 2024, the Company entered into another agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--LoansPayable_iI_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zqLj5kEvFIye" title="Loans payable">350,000 in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentFrequencyOfPeriodicPayment_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_z2RDBV3tuYUb" title="Monthly payments">thirteen future monthly payments of $36,750 commencing on August 8, 2024 through to August 80, 2025 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ProceedsFromRepaymentsOfDebt_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zkh1gKfahwZf" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zd2QXCr7lh7g" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after- acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_z3ULKghZcX46" title="Default rate">15% per annum calculated daily on any missed monthly payment. The August 2024 through to May 2025 payments have not been made but will be resolved with the lender. No notices have been sent.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Loans payable at May 31, 2025 consisted of the following: SCHEDULE OF LOANS PAYABLE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">Date</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Maturity</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Description</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Principal</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Interest Rate</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 22%">July 18, 2016</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 20%">July 18, 2017</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 21%">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 3%">(1)*</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%">$</td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zsp5ECXonYhl" style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: right" title="Debt instrument, face amount">3,500</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zemsOmyddH8a" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Annual interest rate">22</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_z0BgCPIzcFk3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,921,168</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_zWacivKJi5X9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zzsKq3kAbeZ" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">2,754,338</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zim2I0QXOOT6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">December 10, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(4)*</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zcGBvPbalFf1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">165,605</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zZvRDq7SMiae" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">December 14, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zza0TGVdm823" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">310,375</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zfNGeYGruDYi" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">December 30, 2020</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zJtJYExOWzrd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zS1scSOvg6rd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">January 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_z07rDDkcGEBk" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">25,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zV2ne9luhwih" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">January 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_zVyrAwrv4A3j" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">145,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_zKbnP2HXAHtf" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">January 14, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_zhQx2NTqY5I6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">-</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_z2r7hgFnSQVe" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">February 22, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zLL5xLk27g35" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">1,650,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zmSDirnj9if9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zlurHgJeELJe" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">5,175,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zuPkou7BJ7H8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">June 8, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">June 8, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____zTsabyrxw816" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">2,750,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____z5s494XzayIj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">July 12, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">July 26, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zKa4aFpmoMP" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,690,360</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zyJ4PRBGekQd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">7</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">September 14, 2021</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">September 14, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zV7HbYWcVpNc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">1,650,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____z8ZhkRrxo8Sc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">12</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">July 28, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____z2LpLdjuxXi1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">170,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____z2J9OB4gBela" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">August 30, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">August 30,2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____zEzGPT2mHIa" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">3,000,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____znOAWQSRpdp9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">September 7, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zkA9ru1wHXv5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zsS1Sw5bjRe1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">September 8, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zPd99CL9DdOd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">475,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zrt2fjauL2Qj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">October 13, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">March 1, 2027</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____zrgtStGj0FHd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____z4Ov2CDCsxE6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">October 28, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zpKtwl8kyopb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zAnsZVH9jA9i" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">November 9, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zkvcEaozQIb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zcC5rg9hlWU6" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">November 10, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zOkC6NoNItB5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zMHFeGgcbyP4" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">November 15, 2022</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zgszDJVUKAy1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zaEDT9Ctq18f" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">January 11, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zHLJoDEs4WKj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____z2GeQTOjPcy9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">February 6, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zkAJqUgK0Sj5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zOUzdGwF6WW3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">April 5. 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zpfZFKihvIY3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zoGs4zdAE9ye" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">April 20, 23</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zWlPv7PR0uTb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____z0SfyTsE2rQf" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">May 11, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zc0MmmdbS1q5" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zA5g5chccdm9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">October 27, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">October 31, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Promissory note</td> <td style="font: 10pt Times New Roman, Times, Serif">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zudoDu1hSts" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">400,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zTdX2SMA64z9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">15</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">November 30, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">April 30, 2026</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">Purchase Agreement</td> <td style="font: 10pt Times New Roman, Times, Serif">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zKOB7YSv3Ge" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">203,000</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zJTyihoL9Pm8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Annual interest rate">35</td> <td style="font: 10pt Times New Roman, Times, Serif">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">March 8, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">August 8, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Purchase Agreement</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____zhYoZ7s8EUWi" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">350,000</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____z7ojISXLP2u3" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right" title="Annual interest rate">35</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250531_zq1c6l44uu76" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Debt instrument, face amount">31,538,346</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif">Less: current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_986_ecustom--LongTermNotesPayableNonCurrent_iI_pp0p0_c20250531_z9PtKOn1HTDb" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: current portion of loans payable">(519,105</td> <td style="font: 10pt Times New Roman, Times, Serif">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Less: discount on non-current loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_984_ecustom--DiscountOnLongTermNotesPayableNonCurrent_iI_pp0p0_c20250531_z7fMj6Kc6j1k" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: discount on non-current loans payable">(313,074</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Non-current loans payable, net of discount</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_98C_eus-gaap--LongTermNotesPayable_iI_pp0p0_c20250531_z7jzW0BXyvge" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Non-current loans payable, net of discount">30,706,167</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif">Current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_98F_eus-gaap--LongTermDebtCurrent_iI_pp0p0_c20250531_zRGZIWxDNixh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Current portion of loans payable">519,105</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">Less: discount on current portion of loans payable</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> </td> <td id="xdx_983_ecustom--DiscountOnLongTermNotesPayableCurrent_iI_pp0p0_c20250531_zdd1OHCQIFbj" style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Less: discount on current portion of loans payable">-</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td colspan="5" style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Current portion of loans payable, net of discount</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif">$</td> <td id="xdx_983_eus-gaap--NotesPayableCurrent_iI_pp0p0_c20250531_zpbwDsOC1Nr4" style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Current portion of loans payable, net of discount">519,105</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 34px; text-align: justify">*</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">In default</td></tr> </table> On March 1, 2024 the Company adjusted the relative fair value unamortized discount on the above notes by $4,175,535 with a corresponding adjustment to accumulated deficit to apply ASU 2020-06. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed on the lender.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zBakcwSECyQ1" title="Convertible notes payable">2,683,357 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zGWQrrmPM65a" title="Accrued interest">1,237,811 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zhs1MmTQPGvb" title="Conversion of convertible securities">3,921,168 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zCJdXfRUe9y4" title="Notes payable">3,921,168, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_z7GepsGlq4ma" title="Purhase of warrants">450,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zCJ5Hc266aO1" title="Exercise price">.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zVgN1uONibgf" title="Fair value">990,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zWbJoAdjdE6f" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zUOhfBuq20S4" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zKyyNt8Pkpw5" title="Convertible notes payable">1,460,794 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_z4DTEm8tIbE5" title="Accrued interest">1,593,544 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zpJ3OSqRzgg8" title="Conversion of convertible securities">3,054,338 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zRlOlOUwefee" title="Conversion value">3,054,338, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zXwplU55otu2" title="Purhase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zUUDh1vTn3Uh" title="Exercise price">0.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zT5XZ8EwLmU4" title="Fair value">550,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20230301__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zolyFN4pVAzg" title="Repayment of debt">300,000 has been repaid during the year ended February 29, 2024. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_ztUE5DLRw3X6" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zfLENqXStFkh" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zW2vDycQuKB5" title="Convertible notes payable">103,180 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zaVriL2m1iVe" title="Accrued interest">62,425 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zqfMFKPzc0B4" title="Conversion of convertible securities">165,605 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z73Y7FODbB3b" title="Notes payable">165,605, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zBK2YJvg8T15" title="Purhase of warrants">80,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zEgfGVwSgWC4" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zsiEgg98Jcml" title="Fair value">176,000.<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z3laiUl1M6I5" title="Debt instrument maturity date description">The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--InterestExpense_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zOxVM47GoEJg" title="Interest expense">22,958 was paid and charged to interest expense. The note is in default. No notices have been sent. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zG3z7jbNzsG4" title="Convertible notes payable">235,000 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zTLOcfLYLZ6k" title="Accrued interest">75,375 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zZ0et54tMFtk" title="Conversion of convertible securities">310,375 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z1naJcJB88K4" title="Notes payable">310,375, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z4X1S065HTR9" title="Purhase of warrants">25,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zx9UwotECwvl" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zc90WCKT4Dnh" title="Fair value">182,500.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zJcl9eH3ore2" title="Prepaid expense">350,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z9Mu4057BAqd" title="Original issue discount">35,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zOeb2RE3AuNi" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zPDDIEtffmN2" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z0F1zMMbuxP6" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zWETbVKvF2T9" title="Fair value">271,250. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zOHrp86OgJV1" title="Debt discount">271,250 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zc6KPplgoHt3" title="Debt discount">65,092 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zJbvMq12q7uc" title="Unamortized discount">8,399 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zzSXt9irPjH5" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znmQLnG2802c" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z7qBfzppTvYg" title="Amortization of debt expense">138, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zPuFLpkj6Fkb" title="Unamortized discount">0 at May 31, 2025.The loan is fully amortized. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zUZ0z7bGG83g" title="Convertible notes payable">9,200 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zc1CShOJ1blc" title="Accrued interest">6,944 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zJs7nZ9905Wb" title="Conversion of convertible securities">16,144 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zjTSwlqlyXmc" title="Notes payable">25,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_znPBbGe4aiJ" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zSBVUvUZvEB9" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ConvertibleNotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zNcrnwTWz4lk" title="Convertible notes payable">79,500 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zphIqDFr5pwh" title="Accrued interest">28,925 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zU2FxGSebCLa" title="Conversion of convertible securities">108,425 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zYiNS9WVPkze" title="Notes payable">145,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zg5UgAG2Ijz3" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zoMvtQkwtoya" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zU9G0OmFbwA3" title="Prepaid expense">550,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zRDSTIrkLiJc" title="Original issue discount">250,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zVKx5iQjadWg" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_znQU5QNKl4G3" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zGPBGoVf9Va8" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zXfwfbRXDR06" title="Fair value">380,174. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zngZgQHLqJUk" title="Debt discount">380,174 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zkT87owwvBRf" title="Debt discount">80,284 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zCrKsNaM0eSd" title="Unamortized discount">10,559 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zD6P8LscWk4d" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z0JQvYCCO1lk" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zHG4y8MRL8vk" title="Amortization of debt expense">144, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zAPhibejUVtf" title="Unamortized discount">0 at May 31, 2025.The loan is fully amortized. On February 11, 2025, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PaymentsForRepurchaseOfCommonStock_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z5RMe8HYqO8j" title="Repayments of common stock">162,000 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zxQ0MsFpIJw9" title="Issuance of common stock">60,000,000 common shares. The remaining $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_c20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z081UXNZUGlf" title="Debt instrument, face amount">388,000 in loan principal as well as $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20250305__20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zCFOPzqdU6Mg" title="Debt instrument, accrued interest">35,500 in accrued interest ( all totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zWApBF6l1f0c" title="Debt instrument, carring amount">425,500) was repaid on March 5, 2025 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250305__20250305__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zmTaldxnSo2g" title="Issuance of common stock">185,000,000 common shares.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zHSIOvPOHddf" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zfDpWmvCmZH" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zsdO5W2NZ4cj" title="Purchase of warrants">100,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z3AUW5kQpPY3" title="Exercise price">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z5jKnmJ9GJOk" title="WarrantsTerm">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zuG7UfJg6bNe" title="Fair value">1,342,857. The discount and warrant are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z1fToCoQUdhk" title="Debt discount">1,342,857 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. The maturity date was extended from February 22, 2022, to February 22, 2024, on February 28, 2022, in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zMWuSRcEPBJb" title="Purchase of warrants">50,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zXzOUqCMvmj2" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z2RH3eHZmi27" title="WarrantsTerm">3-year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zBrCogXJ6Dnh" title="Interest expenses">950,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zadtRYxiUurd" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from February 22, 2024, to March 1, 2025, with all other terms and conditions remaining the same. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zlZbjJRog759" title="Debt discount">497,614 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zNVqjeW7jQ4d" title="Unamortized discount">55,585 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zC86fGOqRPDl" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zW4kBPjLE1Vh" title="Amortization of debt expense">700, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zSw86wUtvIJh" title="Unamortized discount">0 at May 31, 2025. The loan is fully amortized. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The unsecured note may be pre-payable at any time. Cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_znLMUq10CSi" title="Proceeds from issuance of debt">5,400,000 were received. The note balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zd8BJ0bqmHkh" title="Notes payable">6,000,000 includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zpXFD35CCNJc" title="Original issue discount">600,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zzSJjeBSy2X3" title="Purchase of warrants">300,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_znDt8tJ7SWsc" title="Exercise price">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zyGSOXhEwCai" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zB1yOrEJzy8" title="Fair value">4,749,005 using Black-Scholes with assumptions described in note 13. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zJYTGOFADQzc" title="Debt discount">4,749,005 with a corresponding adjustment to paid in capital for the relative value of the warrant. The maturity was extended from March 1, 2022 to March 1, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zXA7dIUBX6a4" title="Purchase of warrants">150,000,000 shares of common stock at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zO8JyT0mBvs1" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zAKoRCPEQTZ4" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zARigGQD1rIa" title="Interest expenses">2,850,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note has been fully amortized. This note was again extended to March 1, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_z9LWC0dhwTQe" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the three months ended May 31, 2025 , the Company has issued <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--SharesIssued_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zDjxQMUclBOk" title="Number of shares issued">500,000,000 common shares to repay $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--RepaymentsOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zjdWKzyJVgv7" title="Repayment of loan">825,000 in loan principal. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ProceedsFromIssuanceOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zucHXUEHUr1b" title="Proceeds from issuance of debt">2,750,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zklJYnYPbZuf" title="Original issue discount">50,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zGsHBuwKfaeb" title="Purchase of warrants">170,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zkYV1qNKcnsh" title="Exercise price">0.064 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zwGi53qfd7zi" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zYJQ9SbzR4o3" title="Fair value">2,035,033. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zmWLYzmaRsw1" title="Debt discount">2,035,033 with a corresponding adjustment to paid in capital. The maturity date was extended from June 8, 2022 to June 8, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zcqUkECN4q9j" title="Purchase of warrants">85,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zqHQWfdq4Ur8" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zPTh5AuSAzWk" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z8utMUf8uQa7" title="Interest expenses">1,615,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note was extended to June 8, 2025. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zEHtsxM3dpC4" title="Debt discount">33,547 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z4KeAD4gBik3" title="Unamortized discount">4,121 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zrmS6mbStf3d" title="Amortization of debt expense">964, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zWK537Gg383" title="Unamortized discount">0 at May 31, 2025. The loan is fully amortized <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zOGAowwsA9y2" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> This loan, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zTCFWPQVhu85" title="Prepaid expense">4,000,160, was in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--TitleOfIndividualAxis__srt--DirectorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zOkj8E4ji1I8" title="Conversion of convertible securities, shares">184 Series F preferred shares from a former director. The interest and principal are payable at maturity. The loan is unsecured. During the three months ended May 31, 2025 the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--RepaymentsOfNotesPayable_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zgzHyDEzumPi" title="Debt amount repaid">50,000 as part of a settlement with the estate of the lender . A settlement agreement was entered into on April 25,2025 between the Company and the Estate of the lender whereby the Company would repay a total of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--RepaymentsOfDebt_c20250425__20250425__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_ztrUpDrpEcr8" title="Repayment of debt">420,000 to fully discharge the outstanding loan balance and accrued interest which totals $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--OutstandingLoanAndAccruedInterest_iI_c20250425__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zjQlqZigWl55" title="Outstanding loan balance and accrued interest">4,790,185. The Company was required to pay $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--RepaymentsOfNotesPayable_c20250709__20250709__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zrNY7hK0njN9" title="Debt amount repaid">50,000 in trust , which it did with the remainder to be repaid by July 9, 2025. This settlement agreement was subject to court approval which was granted on June 5, 2025. The Company and the estate of the lender have modified the remaining payment schedule. The Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250630__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zWgik0CgMNek" title="Debt amount repaid">150,000 in June and will repay the $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentCarryingAmount_iI_c20250809__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--StatementScenarioAxis__srt--ScenarioForecastMember_zvUe0nRezFof" title="Debt amount repaid">220,000 remaining balance by August 9, 2025. At May 31, 2025 the outstanding principal and interest was $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--OutstandingPrincipalAndInterestAmount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zzU0iI9vw9y" title="Outstanding principal and interest amount">4,740,185. Upon settlement in August , the Company will record a gain on settlement of debt of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--GainsLossesOnExtinguishmentOfDebt_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zceBQqmjcVB5" title="Gain on settlement of debt">4,370,185.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z2QqOY0EyWi5" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zYo9PqVllCzc" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zJszLLa4Gxw" title="Purchase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zG6QpmiwXTMj" title="Exercise price">0.037 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zKjmawgrc6s1" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zXloO7qVkGlb" title="Fair value">1,284,783, The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zy7ULzmKHgoi" title="Debt discount">1,284,783 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z0HQFCHN9PSg" title="Debt discount">572,549 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z1Hu1PkAtM8" title="Unamortized discount">66,846 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--AmortizationOfDebtDiscountPremium_pp0p0_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_ztnHXj1ewYPd" title="Amortization of debt expense">1,935, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_pp0p0_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_z5qe0eeakR0i" title="Debt instrument, unamortized discount">23,246 at May 31, 2025. On April 16, 2025, the parties again extended the maturity date from September 14, 2025, to September 14, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zvHvUY9HL5Ej" title="Prepaid expense">170,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zB2PRvxCf3xf" title="Original issue discount">20,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zus5O0mXgPH3" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zAf9CByJjpKc" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> A warrant holder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zXJImUHpuZjj">955,000,000 warrants for a promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zLvc6IrGMQAc">3,000,000, bearing interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zPIDhg8niEv4">15% with a two year maturity. The fair value of the warrants was determined to be $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zyzB8Tg3BBZ4">2,960,500 with a corresponding adjustment to paid-in capital and a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_ecustom--DebtDiscount_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zR4kcXLhNv17">39,500 which will be amortized over the term of the loan. Principal and interest due at maturity. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zpDiW7RTGoMd" title="Debt discount">11,535 was removed with a corresponding adjustment to accumulated deficit. This note has been fully amortized. This note was extended to August 30, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z8jkLEBuEatd" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zEKNZhoJwIz9" title="Prepaid expense">400,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_z7BCBTTree6g" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_z0mwDjsr86G" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zT5wlAcV00lj" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zg7xxLoT3QTk" title="Prepaid expense">475,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zQTawchYYba8" title="Original issue discount">75,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zizXkjo9qtv5" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zMETFrOFD06g" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zCoGx3t2Z6bb" title="Prepaid expense">350,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z128cvl66t4j" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zeYvcMxH94mg" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z29SEl4MJSd2" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> On October 28, 2022, the Company entered into an loan facility with a lender for up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember_zeHoFg38maFg" title="Loans payable">4,000,000 including an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zLviRxdZiR8a" title="Original issue discount">500,000. In exchange the Company will issue one series F Preferred Share, extended <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--SharesIssued_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_ziehxHsUaZKg" title="Shares issued">329 series F warrants with a March 1, 2026 maturity to a new October 31, 2033 maturity, and issue up to 10 tranches with each tranche of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zSc6I747Zwo1" title="Notes payable">400,000, with cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zhPSSrFVYB24" title="Cash proceeds">350,000 an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zL3CHh2ty3S6" title="Discount amount">50,000, October 31, 2026 maturity, and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFWarrantsMember__us-gaap--AwardTypeAxis__custom--OctoberThirtyOneTwentyThirtyThreeMember_zhMwUxr6FtEc" title="Purchase of warrants">61 Series F warrants with a October 31, 2033 maturity. Secured by a general security charging all of the Company’s present and after-acquired property. At February 29, 2024 the Company has issued all 10 tranches totaling $ <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zVDYiQVcyX29" title="Discount amount">4,000,000 as follows:</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">October 28, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zFb7vvHCMiR6" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_z0IwxCUInRZ7" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zeDx7BiRD7gi" title="Purchase of warrants">61 Series F Preferred Share warrants and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredSharesMember_zg5QgBrepia8" title="Conversion of convertible securities, shares">1 Series F Preferred Share having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zIxSFKwNL8W8" title="Fair value">299,399. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zJFnuH9VVgjb" title="Debt discount">286,775 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zUmV6bzxPVn4" title="Unamortized discount">47,892 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zYcTrVWmNbu5" title="Amortization of debt expense">4,272, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zDziSzMqq7Pk" title="Unamortized discount">28,638 at May 31, 2025. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">November 9, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zrXNvy038LUj" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zVEjVcYFJyZg" title="Original issue discount">50,000 , <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zcnVZv6LBAc7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zRygkWNsAjv7" title="Fair value">299,750. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zNYnwicF3UV" title="Debt discount">288,513 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zfPCl0Ko6bWh" title="Unamortized discount">48,126 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z23ICBdyEQn9" title="Amortization of debt expense">4,293, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zhmWkgfAeW4h" title="Unamortized discount">28,783 at May 31, 2025.</td></tr> </table> November 10, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zxH6d1Me7AOb" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_z3CjNrIGTCi7" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zhJZNKv9OfK7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zr56c9d6rp05" title="Fair value">302,020. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zUFLKYgK8dZ9" title="Debt discount">291,694 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zFQumaAkPu52" title="Unamortized discount">48,290 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zp2fS4YHecri" title="Amortization of debt expense">4,307, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zKkpbXlvmkO3" title="Unamortized discount">28,885 at May 31, 2025. November 15, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--LoansPayable_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUO7yVdGG514" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zr2DEnjSS9th" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zz8H8Jf4j8we" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUANqZDYj97l" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zUmkUwBQWF03" title="Debt discount">287,814 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zoBI6zNp3vwh" title="Unamortized discount">47,976 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zDGNX3f1qkci" title="Amortization of debt expense">4,280, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zimbk7MAcuvi" title="Unamortized discount">28,691 at May 31, 2025. January 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zW6FMmcj8hxe" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zlyKh8O0QGfl" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zsr2a5DsiWEa" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zKK1jx1cpGo1" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z4YH1j7Ci3F7" title="Debt discount">286,813 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z98DxKSViLk5" title="Unamortized discount">48,124 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zbbjcKoPGd15" title="Amortization of debt expense">4,293, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zlzmlthObs32" title="Unamortized discount">28,783 at May 31, 2025. February 6, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zoEbmtOh0eYc" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zDMa27vBWeK9" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zHBAXHoTbKjd" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_z5w4EI9Xj8v4" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_z7g2rJ7vPOJa" title="Debt discount">288,342 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zCbtminIHYIa" title="Unamortized discount">48,294 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zTWxUFBrQhcd" title="Amortization of debt expense">4,307, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zG3kTsoHNr97" title="Unamortized discount">28,888 at May 31, 2025. April 5, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zeDCjPtbY6c" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zyQP0gkDQKGl" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zgT4iPK95F48" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zx7lzuuOvRuc" title="Fair value">296,245. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zKfpR2QhzV57" title="Debt discount">286,821 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zjSa5BhLW6Ig" title="Unamortized discount">48,409 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zD4dsvqkYSOf" title="Amortization of debt expense">4,317, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zsyndZCvErwf" title="Unamortized discount">28,959 at May 31, 2025. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 20, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zxjLrmKRAcM1" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zJ0tKLGazmUa" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zK2ZDsRDNDc3" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zB6dRE4zACQj" title="Fair value">302,219. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zC5lDXmA7xwi" title="Debt discount">294,824 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zicMioSE9W46" title="Unamortized discount">48,777 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zVHMOCS3bPF5" title="Amortization of debt expense">4,349, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zh5rgcnYMEI3" title="Unamortized discount">29,186 at May 31, 2025. May 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zTWXahybVFy8" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zklHXeKYvZV1" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zposZiD7UD4c" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zO5ulNagAFV5" title="Fair value">348,983. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zU5PR4ghuIX5" title="Debt discount">348,831 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zdH4ZMDeeQY9" title="Unamortized discount">49,978 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zz20I0yYKA64" title="Amortization of debt expense">4,454, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zInAjK7xfAG8" title="Unamortized discount">29,930 at May 31, 2025. October 27 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_z8SJQPR7ksb4" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zij7fltNy2G8" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z5iNVr263Uy7" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_ziOLXl3Gmwqk" title="Fair value">261,759. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zYMmKoXpVm8l" title="Debt discount">254,487 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_znZAA8rXA2Yl" title="Unamortized discount">48,611 unamortized discount remained. For the three months ended May 31, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--AmortizationOfDebtDiscountPremium_c20250301__20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zKyW4OLo0w83" title="Amortization of debt expense">4,335, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250531__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zVPpxqqbTcO4" title="Unamortized discount">29,083 at May 31, 2025. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On November 30, 2023, the Company entered into an agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--LoansPayable_iI_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9y6Fg9z6Dad" title="Loans payable">350,000 in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentFrequencyOfPeriodicPayment_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zevNMYxrwpjb" title="Monthly payments">thirteen future monthly payments of $36,750 commencing on April 30,2024 through to April 30, 2025 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ProceedsFromRepaymentsOfDebt_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zrTMEISq9v3g" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zOKPu1BVO4eg" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after-acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z4Hl00pMYGF" title="Default rate">15% per annum calculated daily on any missed monthly payment. The Company has repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--RepaymentsOfDebt_c20240701__20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9MA6T7pITR8" title="Repayment of debt">147,000 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_z9phcnLWJPW9" title="Accrued interest">53,000 in accrued interest in July to account for the missed April through to August 2024 payments in agreement with the lender. The Company have missed the subsequent monthly payments. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zrCL67ziv0qh" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On March 8, 2024, the Company entered into another agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--LoansPayable_iI_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zqLj5kEvFIye" title="Loans payable">350,000 in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentFrequencyOfPeriodicPayment_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_z2RDBV3tuYUb" title="Monthly payments">thirteen future monthly payments of $36,750 commencing on August 8, 2024 through to August 80, 2025 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ProceedsFromRepaymentsOfDebt_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zkh1gKfahwZf" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zd2QXCr7lh7g" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after- acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_z3ULKghZcX46" title="Default rate">15% per annum calculated daily on any missed monthly payment. The August 2024 through to May 2025 payments have not been made but will be resolved with the lender. No notices have been sent.</td></tr> </table>

2016-07-18

2017-07-18

3500

0.22

2020-12-10

2027-03-01

3921168

0.12

2020-12-10

2027-03-01

2754338

0.12

2020-12-10

2024-12-10

165605

0.12

2020-12-14

2027-03-01

310375

0.12

2020-12-30

2027-03-01

350000

0.12

2021-01-01

2027-03-01

25000

0.12

2021-01-01

2027-03-01

145000

0.12

2021-01-14

2027-03-01

0.12

2021-02-22

2027-03-01

1650000

0.12

2021-03-01

2027-03-01

5175000

0.12

2021-06-08

2027-06-08

2750000

0.12

2021-07-12

2026-07-26

3690360

0.07

2021-09-14

2027-09-14

1650000

0.12

2022-07-28

2027-03-01

170000

0.15

2022-08-30

2027-08-30

3000000

0.15

2022-09-07

2027-03-01

400000

0.15

2022-09-08

2027-03-01

475000

0.15

2022-10-13

2027-03-01

350000

0.15

2022-10-28

2026-10-31

400000

0.15

2022-11-09

2026-10-31

400000

0.15

2022-11-10

2026-10-31

400000

0.15

2022-11-15

2026-10-31

400000

0.15

2023-01-11

2026-10-31

400000

0.15

2023-02-06

2026-10-31

400000

0.15

2023-04-05

2026-10-31

400000

0.15

2023-04-20

2026-10-31

400000

0.15

2023-05-11

2026-10-31

400000

0.15

2023-10-27

2026-10-31

400000

0.15

2023-11-30

2026-04-30

203000

0.35

2024-03-08

2025-08-08

350000

0.35

31538346

-519105 -313074

30706167

519105

4175535

2683357

1237811

3921168

450000000

0.002

990000

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

1460794

1593544

3054338

250000000

0.002

550000

300000

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

103180

62425

165605

80000000

0.002

176000

The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $22,958 was paid and charged to interest expense.

22958

235000

75375

310375

25000000

0.002

182500

350000

35000

50000000

0.025

P3Y

271250

271250 65092

8399

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

138

9200

6944

16144

25000

On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

79500

28925

108425

145000

On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

550000

250000

50000000

0.025

P3Y

380174

380174 80284

10559

On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

144

162000

60000000

388000

35500

425500

185000000

1650000

150000

100000000

0.135

P3Y

1342857

50000000

0.0164

P3Y

950000

On November 28, 2023, the parties extended the maturity date from February 22, 2024, to March 1, 2025, with all other terms and conditions remaining the same.

497614

55585

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

700

5400000

6000000

600000

300000000

0.135

P3Y

4749005

150000000

0.0164

P3Y

2850000

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

500000000

825000

2750000

50000

170000000

0.064

P3Y

2035033

85000000

0.0164

P3Y

1615000

33547

4121

964

On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.

4000160

184

50000

420000

4790185

50000

150000

220000

4740185

4370185

1650000

150000

250000000

0.037

P3Y

1284783

1284783 572549

66846

1935

23246

170000

20000

On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

955000000

3000000

0.15

2960500

39500 11535

On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.

400000

50000

On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

475000

75000

On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

350000

50000

On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

4000000

500000

329

400000

350000

50000

4000000

400000

50000

299399

286775

47892

4272

28638

400000

50000

299750

288513

48126

4293

28783

400000

50000

302020

291694

48290

4307

28885

400000

50000

299959

287814

47976

4280

28691

400000

50000

299959

286813

48124

4293

28783

400000

50000

299959

288342

48294

4307

28888

400000

50000

296245

286821

48409

4317

28959

400000

50000

302219

294824

48777

4349

29186

400000

50000

348983

348831

49978

4454

29930

400000

50000

261759

254487

48611

4335

29083

350000

thirteen future monthly payments of $36,750 commencing on April 30,2024 through to April 30, 2025 totaling $477,750.

477750

0.35

0.15

147000

53000

On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same.

350000

thirteen future monthly payments of $36,750 commencing on August 8, 2024 through to August 80, 2025 totaling $477,750.

477750

0.35

0.15

12. STOCKHOLDERS’ EQUITY (DEFICIT) Summary or Preferred Stock Activity Series C Convertible, Redeemable Preferred Stock (Temporary Equity) On February 10, 2025, in connection with a Share Purchase Agreement the Company created a new class of Series C Convertible Redeemable with <span id="xdx_90C_eus-gaap--PreferredStockSharesAuthorized_iI_c20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_ziILfDFylze6" title="Preferred stock, shares authorized">1,000 authorized shares. In exchange for <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z5FZlml0lXbh" title="Issuance of preferred shares, shares">306 Series C Convertible Redeemable Preferred Shares , the Company received gross proceeds of $<span id="xdx_90A_eus-gaap--ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zpIyBm946nP5" title="Gross proceeds">306,000 with net proceeds of $<span id="xdx_90D_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zvnr2315wOU6" title="Net proceeds">278,580 after paying $6,000 in legal fees and $<span id="xdx_903_ecustom--BrokerFees_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z7EvCiStjLS9" title="Broker fees">21,420 in broker fees both charged against paid in capital. The Company must redeem the shares at stated capital of <span id="xdx_90D_eus-gaap--PreferredStockRedemptionPricePerShare_iI_c20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zO9L4W4Jh5Xf" title="Preferred stock redemption price per share">1,200 per share and a 1.09 premium at 180 days after issuance. The Company recorded the <span id="xdx_903_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zlHCvdYITOFh" title="Temporary equity, shares outstanding">306 outstanding shares at its redemption value of $<span id="xdx_903_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zbz7s74kjoDl" title="Preferred stock redemption value">402,084 at February 28, 2025, with the offsetting adjustment to paid in capital. On May 10, 2025 the Company issued the <span id="xdx_907_eus-gaap--PreferredStockDividendRatePercentage_pid_dp_uPure_c20250510__20250510__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z8Narn4Sk9Za" title="Preferred shares, dividend rate percentage">12% quarterly dividend in <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250510__20250510__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zWClIh5EtFyj" title="Issuance of preferred shares, shares">9.19 Series C shares with a redemption value of $<span id="xdx_904_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20250510__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zZ2JvooG9QUg" title="Preferred stock redemption value">12,073. At May 31, 2025 there were <span id="xdx_90A_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20250531__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zg1AXmjQkTIh" title="Temporary equity, shares outstanding">315 outstanding series C shares with a redemption value of $<span id="xdx_90A_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20250531__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z4y2wecTtyqb" title="Preferred stock redemption value">414,157. Ay February 28, 2025 there were <span id="xdx_903_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zpqMYiNfmgsg" title="Temporary equity, shares outstanding">306 outstanding series C shares with a redemption value of $<span id="xdx_903_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zoIZANhNHiy7" title="Preferred stock redemption value">402,084. Series F Convertible Preferred Stock Each holder of Series F Convertible Preferred Shares may, at any time and from time to time convert all, but not less than all, of their shares into a number of fully paid and nonassessable shares of common stock determined by multiplying the number of issued and outstanding shares of common stock of the Company on the date of conversion by three and 45 100ths (3.45) on a pro rata basis. Summary of Preferred Stock Warrant Activity SUMMARY OF PREFERRED STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Series F Preferred Warrants</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at February 28, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ClassOfWarrantOrRightOutstanding_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zXVzdmTcsS62" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zZRoaxLwG3Ef" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_90B_ecustom--WarrantsAndRightsOutstandingIssuedTerm_dtY_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zVvEyiPEtw0k" title="Weighted Average Remaining Years, Outstanding">8.5</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zpdQGtmWkmr3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98E_ecustom--ClassOfWarrantOrRightOfWarrantOrRightsIssued1_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zfu6GZ4xi8nj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExerciseInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zMLKUFjhbnA2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsIssued1_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_z7EkGPARY6xd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziySfFy3b4U3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsExercised_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zuAr7CSRBMW7" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_980_eus-gaap--ClassOfWarrantOrRightOutstanding_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziSyr5xDXP69" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Ending balance">939</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_984_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zX0kmjvNofAf" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Oustanding Ending balance">1.00</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90B_ecustom--WarrantsAndRightsOutstandingIssuedTerm_dtY_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zDCypHak7kW" title="Weighted Average Remaining Years, Outstanding">8.25</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Summary of Common Stock Activity For the three months ended May 31, 2025: - the Company issued 1,900,000,000 common shares with gross proceeds of $<span id="xdx_909_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20250301__20250531__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zCUsJndl63j6" title="Proceeds from issuance of common stock">2,813,040 and net proceeds of $2,691,294 after issuance costs of $121,746. Included in the net proceeds are $270,186 in share proceeds receivable received after quarter year end. - the Company issued <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250301__20250531__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zSRC2R2fduGi" title="Issuance of preferred shares, shares">685,000,000 common shares to repay $1,213,000 in loans payable and $37,500 in accrued interest all totaling $1,250,500. Summary of Common Stock Warrant Activity For the three months ended May 31, 2025 and May 31, 2024, the Company recorded a total of $80,355 and $83,323 respectively, to stock-based compensation for options and warrants with a corresponding adjustment to additional paid-in capital. SUMMARY OF COMMON STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Warrants</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at February 28, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zpVjE3ul90rc" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">41,271,449</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_z1znYf7T6nef" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">0.003</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_90D_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zeCuAdN7YHx5" title="Weighted Average Remaining Years, Outstanding">2.44</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zwb0V4CBzN06" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zjjfGgM8DKyj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zhnSxV4zqr06" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_ztYjoxCOjL49" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations_iN_di_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zOMS2LMGwJJa" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zI8u1iXGa5gb" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price,Forfieted and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zxfSSjWcdgH4" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Ending balance">47,271,449</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_98A_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zO9hsP3WDFk5" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Oustanding ending balance">0.001</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90B_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zP2cS8a2kb5k" title="Weighted Average Remaining Years, Outstanding">2.18</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) Summary of Common Stock Option Activity -Employee Stock Options SUMMARY OF COMMON STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Options</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at March 1, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zzePb74N6nzd" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Stock options, Outstanding, Beginning Balance">182,228,131</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zI4rpGhVk3J6" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Beginning Balance">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zjVRYWlsT84c" title="Weighted Average Remaining Years, Outstanding">3.10</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z97IRvFpqDg2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zu4xKVxMSjp2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zXp6aIn4shPk" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z02UOjfk2HM" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zQp63tJlgNn2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Forfeited, extinguished and cancelled">(3,322,058</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zrEXu8Xo3iFg" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(<span id="xdx_90C_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermForfeitedExtinguishedAndCancelled_dtY_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zJHl6SOQxXvg" title="Weighted Average Remaining Contractual Term, Forfeited, extinguished and cancelled">2.99</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zoaZyviQSxyk" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Outstanding, Ending Balance">178,906,073</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zqWE0cPpJgS4" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Ending Balance">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_903_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zwrx8G9EC3P4" title="Weighted Average Remaining Years, Outstanding">2.85</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1000

306

306000

278580

6000

21420

1200

306

402084

0.12

9.19

12073

315

414157

306

402084

Summary of Preferred Stock Warrant Activity SUMMARY OF PREFERRED STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Series F Preferred Warrants</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at February 28, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ClassOfWarrantOrRightOutstanding_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zXVzdmTcsS62" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zZRoaxLwG3Ef" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_90B_ecustom--WarrantsAndRightsOutstandingIssuedTerm_dtY_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zVvEyiPEtw0k" title="Weighted Average Remaining Years, Outstanding">8.5</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zpdQGtmWkmr3" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98E_ecustom--ClassOfWarrantOrRightOfWarrantOrRightsIssued1_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zfu6GZ4xi8nj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExerciseInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zMLKUFjhbnA2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsIssued1_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_z7EkGPARY6xd" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziySfFy3b4U3" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsExercised_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zuAr7CSRBMW7" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_980_eus-gaap--ClassOfWarrantOrRightOutstanding_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziSyr5xDXP69" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Ending balance">939</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_984_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zX0kmjvNofAf" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Oustanding Ending balance">1.00</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90B_ecustom--WarrantsAndRightsOutstandingIssuedTerm_dtY_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zDCypHak7kW" title="Weighted Average Remaining Years, Outstanding">8.25</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

939

1.00

P8Y6M

939

1.00

P8Y3M

1900000000

2813040

2691294

121746

270186

685000000

1213000

37500

1250500

80355

83323

SUMMARY OF COMMON STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Warrants</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at February 28, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zpVjE3ul90rc" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">41,271,449</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_z1znYf7T6nef" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">0.003</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_90D_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zeCuAdN7YHx5" title="Weighted Average Remaining Years, Outstanding">2.44</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zwb0V4CBzN06" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantsInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zjjfGgM8DKyj" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zhnSxV4zqr06" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_ztYjoxCOjL49" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations_iN_di_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zOMS2LMGwJJa" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Forfeited and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_pid_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zI8u1iXGa5gb" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price,Forfieted and cancelled">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zxfSSjWcdgH4" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Ending balance">47,271,449</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_98A_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iE_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zO9hsP3WDFk5" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Oustanding ending balance">0.001</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_90B_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsEquityInstrumentOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250301__20250531__us-gaap--StatementClassOfStockAxis__custom--CommonStockWarrantMember_zP2cS8a2kb5k" title="Weighted Average Remaining Years, Outstanding">2.18</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

41271449

0.003 P2Y5M8D

47271449

0.001 P2Y2M4D

Summary of Common Stock Option Activity -Employee Stock Options SUMMARY OF COMMON STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Number of Options</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Exercise Price</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Weighted Average Remaining Years</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 40%">Outstanding at March 1, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zzePb74N6nzd" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Number of Stock options, Outstanding, Beginning Balance">182,228,131</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zI4rpGhVk3J6" style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right" title="Weighted Average Exercise Price, Beginning Balance">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zjVRYWlsT84c" title="Weighted Average Remaining Years, Outstanding">3.10</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif">Issued</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z97IRvFpqDg2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zu4xKVxMSjp2" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">Exercised</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zXp6aIn4shPk" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z02UOjfk2HM" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zQp63tJlgNn2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Forfeited, extinguished and cancelled">(3,322,058</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zrEXu8Xo3iFg" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(<span id="xdx_90C_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermForfeitedExtinguishedAndCancelled_dtY_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zJHl6SOQxXvg" title="Weighted Average Remaining Contractual Term, Forfeited, extinguished and cancelled">2.99</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Outstanding at May 31, 2025</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zoaZyviQSxyk" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Number of Stock Options, Outstanding, Ending Balance">178,906,073</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zqWE0cPpJgS4" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Weighted Average Exercise Price, Ending Balance">0.02</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_903_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20250301__20250531__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zwrx8G9EC3P4" title="Weighted Average Remaining Years, Outstanding">2.85</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

182228131

0.02

P3Y1M6D

3322058

0.02

P2Y11M26D

178906073

0.02

P2Y10M6D

13. COMMITMENTS AND CONTINGENCIES Litigation Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s condensed consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions. The related legal costs are expensed as incurred. On September 24, 2024, a prospective lender filed a claim against the Company for an alleged breach of a non-binding term sheet made on June 7, 2024. The Company and its counsel believe the claim is without merit however the courts have mandated mediation. After consideration of business factors the parties executed a settlement agreement in June 2025 with the Company agreeing to pay $65,000 with no admission of wrongdoing. The Company accrued the $65,000 at May 31, 2025. Operating Lease On March 10, 2021, the Company entered into a 10 year lease agreement for a manufacturing facility at 10800 Galaxie Avenue, Ferndale, Michigan, 48220, commencing on May 1, 2021 through to April 30, 2031 with a minimum base rent of $15,880 per month. The base rent increase by 3% per annum commencing May 1, 2024. The Company paid a security deposit of $15,880. On February 5, 2024, the Company entered into a 3-year lease agreement for a vehicle commencing February 5, 2024 through to February 5, 2027 with a minimum base rent of $1,223 per month. The Company paid a down payment of $9,357. On March 11, 2025, the Company entered into a 3-year lease agreement for a vehicle commencing March 11, 2025 through to March 11, 2028 with a minimum base rent of $1,286 per month. The Company paid a down payment of $13,188. The Company recorded the right of use asset of $53,739 with a corresponding adjustment to operating lease liability. The Company’s leases are accounted for as operating leases. Rent expense and operating lease cost are recorded over the lease terms on a straight-line basis. Rent expense and operating lease cost was $58,219 and $62,013 for the three months ended May 31, 2025 and May 31, 2024, respectively. SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif">Maturity of Lease Liabilities</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250531_z3wIAaL6Gdc3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Operating Leases</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_iI_maLOLLPzWTn_zm8Vz4B0rdP3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 80%">May 31, 2026</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right">245,173</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzWTn_zROlNr9W89Qc" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2027</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">239,242</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPzWTn_zHiMZuvgNPej" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2028</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">222,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPzWTn_zuyfiDWlRtM7" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2029</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">207,558</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_maLOLLPzWTn_zUjjvvAKEqRa" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2030</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">207,558</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour_iI_maLOLLPzWTn_zuzQbhhJfyK3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">May 31, 2031 and after</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">190,262</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzWTn_zevLNOQBQNv" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Total lease payments</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,312,220</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zcysQz18rEhl" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Less: Interest</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(284,485</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseLiability_iI_zOwlMN6PGRr7" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Present value of lease liabilities</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1,027,735</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

65000

the Company entered into a 10 year lease agreement for a manufacturing facility at 10800 Galaxie Avenue, Ferndale, Michigan, 48220, commencing on May 1, 2021 through to April 30, 2031 with a minimum base rent of $15,880 per month

15880

On February 5, 2024, the Company entered into a 3-year lease agreement for a vehicle commencing February 5, 2024 through to February 5, 2027 with a minimum base rent of $1,223 per month.

1223

9357

On March 11, 2025, the Company entered into a 3-year lease agreement for a vehicle commencing March 11, 2025 through to March 11, 2028 with a minimum base rent of $1,286 per month.

1286

13188

53739

58219

62013

SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif">Maturity of Lease Liabilities</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20250531_z3wIAaL6Gdc3" style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Operating Leases</td><td style="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_iI_maLOLLPzWTn_zm8Vz4B0rdP3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 80%">May 31, 2026</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right">245,173</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzWTn_zROlNr9W89Qc" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2027</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">239,242</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPzWTn_zHiMZuvgNPej" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2028</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">222,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPzWTn_zuyfiDWlRtM7" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2029</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">207,558</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_maLOLLPzWTn_zUjjvvAKEqRa" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif">May 31, 2030</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">207,558</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour_iI_maLOLLPzWTn_zuzQbhhJfyK3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">May 31, 2031 and after</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">190,262</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzWTn_zevLNOQBQNv" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Total lease payments</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,312,220</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zcysQz18rEhl" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">Less: Interest</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(284,485</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseLiability_iI_zOwlMN6PGRr7" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">Present value of lease liabilities</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">1,027,735</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

245173

239242

222427

207558

190262

1312220

284485

1027735

14. EARNINGS (LOSS) PER SHARE The net income (loss) per common share amounts were determined as follows: SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250301__20250531_zlmheT2Bmvyj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20240301__20240531_z8Ufmj1WuS4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLoss_maNILATzkjp_ze3TqwpaKBP1" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Net income (loss) available to common shareholders</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,594,018</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,194,359</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Effect of common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PreferredStockDividendsIncomeStatementImpact_iN_di_msNILATzkjp_zbebS00OSqqe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: dividends to C preferred shareholders</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(12,073</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_iT_mtNILATzkjp_zRAU5BN2Ia3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net income (loss) adjusted for common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,606,091</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,194,359</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_zoNGYJC051w9" style="vertical-align: bottom; background-color: White"> <td>Weighted average shares – basic</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,517,671,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,882,118,105</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pid_zxCxWZ8gjaXl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net income (loss) per share – basic</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_z2BtUcePFTX" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average shares – diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,517,671,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,882,118,105</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--EarningsPerShareDiluted_pid_z78cGb8Blv38" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Net income (loss) per share – diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> The anti-dilutive shares of common stock equivalents for the three months ended May 31, 2025 and 2024 were as follows: SCHEDULE OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250301__20250531_zIqbizcVARIg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20240301__20240531_zMac9MgT8AC" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024*</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024*</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleSeriesFPreferredSharesMember_zknOcWwes4ha" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Series F Preferred Shares</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">58,641,215,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">35,600,264,971</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleRedeemableSeriesBAndCPreferredSharesMember_zyJSoddBn2Eb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Convertible Redeemable Series B & C Preferred Shares</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">295,826,429</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">59,933,023</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zBkvL1oYPEU1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Stock options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">226,177,522</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">486,251,667</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_zifqUWH4aTr2" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">59,163,219,451</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">36,146,449,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

The net income (loss) per common share amounts were determined as follows: SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250301__20250531_zlmheT2Bmvyj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20240301__20240531_z8Ufmj1WuS4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLoss_maNILATzkjp_ze3TqwpaKBP1" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Net income (loss) available to common shareholders</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,594,018</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,194,359</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Effect of common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PreferredStockDividendsIncomeStatementImpact_iN_di_msNILATzkjp_zbebS00OSqqe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: dividends to C preferred shareholders</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(12,073</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_iT_mtNILATzkjp_zRAU5BN2Ia3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net income (loss) adjusted for common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,606,091</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(4,194,359</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_zoNGYJC051w9" style="vertical-align: bottom; background-color: White"> <td>Weighted average shares – basic</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,517,671,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,882,118,105</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pid_zxCxWZ8gjaXl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net income (loss) per share – basic</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_z2BtUcePFTX" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average shares – diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,517,671,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,882,118,105</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--EarningsPerShareDiluted_pid_z78cGb8Blv38" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Net income (loss) per share – diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>

-4594018

-4194359

12073

-4606091

-4194359

15517671159

9882118105

-0.00

15517671159

9882118105

-0.00

The anti-dilutive shares of common stock equivalents for the three months ended May 31, 2025 and 2024 were as follows: SCHEDULE OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20250301__20250531_zIqbizcVARIg" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20240301__20240531_zMac9MgT8AC" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024*</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Three Months Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">May 31, 2024*</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleSeriesFPreferredSharesMember_zknOcWwes4ha" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Series F Preferred Shares</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">58,641,215,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">35,600,264,971</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleRedeemableSeriesBAndCPreferredSharesMember_zyJSoddBn2Eb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Convertible Redeemable Series B & C Preferred Shares</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">295,826,429</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">59,933,023</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zBkvL1oYPEU1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Stock options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">226,177,522</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">486,251,667</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_zifqUWH4aTr2" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">59,163,219,451</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">36,146,449,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

58641215500

35600264971

295826429

59933023

226177522

486251667

59163219451

36146449661

15. SUBSEQUENT EVENTS Subsequent to May 31, 2025 through to filing date, <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the Company issued <span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zpwWaWR8Bbl8" title="Shares issued">800,000,000 common shares pursuant to a share purchase agreement for gross proceeds of $<span id="xdx_900_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zaQATXISO9m" title="Gross proceeds">736,000, issuance costs of $<span id="xdx_90B_eus-gaap--PaymentsOfStockIssuanceCosts_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zdCc62i95Faf" title="Issuance costs">40,611 and net proceeds of $<span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zum6U1r8FQX6" title="Net proceeds from issuance">695,389.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The Company issued <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_zb5M9o4Wqrpa" title="Debt exchanged for common shares, shares">500,000,000 shares to a lender to settle $<span id="xdx_909_eus-gaap--RepaymentsOfDebt_c20250601__20250715__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_zJjaHLpTA4Ld" title="Debt settlement">575,000 in principal pursuant to exchange agreements with the lender.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">on June 11, 2025 <span id="xdx_905_eus-gaap--SaleOfStockDescriptionOfTransaction_c20250611__20250611__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--EquityFinancingAgreementMember_zrORj9b6Msu7" title="Sale of stock, description">the Company entered into an Equity Financing Agreement whereby an investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares. In conjunction with the above agreement, the Company entered into a Registration Rights Agreement. On June 16, 2025 the parties cancelled these agreements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">on June 16, 2025 <span id="xdx_902_eus-gaap--SaleOfStockDescriptionOfTransaction_c20250616__20250616__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--EquityFinancingAgreementMember_zF6FnqrsYqX1" title="Sale of stock, description">the Company entered into a new Equity Financing Agreement whereby another investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares. In conjunction with the above agreement, the Company entered into a Registration Rights Agreement.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">A settlement agreement entered into with a lender (see Note 11 (13) whereby the Company would pay $420,000 to fully settle outstanding principal and interest of $4,790,185) was subject to court approval which was granted on June 5, 2025. The Company and the estate of the lender have modified the remaining payment schedule. The Company repaid $150,000 in June and will repay the $220,000 remaining balance by August 9, 2025. Upon settlement in August, the Company will record a gain on settlement of debt of $4,370,185.</td></tr></table>

800000000

736000

40611

695389

500000000

575000

the Company entered into an Equity Financing Agreement whereby an investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares.

the Company entered into a new Equity Financing Agreement whereby another investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares.

420000

4790185

150000

220000

4370185

865975

105926

1367331

756084

418669

1583726

2131599

792842

622957

5028543

3616566

1010545

1139188

2292172 952844 4539180 2480002

491186

349878

258328

268075

33321 27080

100000

50000

15880

10985797

7596791

2121871

2034301

91578

73702

197349

237653

1901258 904377 329365 257438

2202600

538767

0 688598

519105

13190882

38522 213555 4440009

7576681

21715651

810513

889360

360163 4118332

31922078

14798532

2525000 2525000 4000000 2500000 13680453 5367805

60514725

47796348

0.001

0.08 0.08 1200 1200

5000

0.001

1200 1200 1.095 1.095 0.12 0.12

1000

306

402084

15534000

0.001

100000

0.001

4350000

3350000

3350

1.00

10000

2513

2533

2513

2533

2513

2533

0.00001

20000000000

14412453768

9238750958

144125

92388

106316844

92565513

99086

-156496930

-132962427

-49931012

-40199557

10985797

7596791

6130886

2227559

1334824

1131102

1051498

530640

2386322

1661742

3744564

565817

3462558

3446285

13559009

9957380

429139

323407

584177

240731

260406

16426

17691437

14555229

-13946873

-13989412

5456981

6758044

468262

38740

-4988719

-6719304

-18935592

-20708716

-0.00

11647673315

7080914317

3350000

3350

2533

101619

5848741599

58489

80247252

-112253711

-31843001

457060

3383509359

33834

10792061

10825895

1209206 1209206

6500000

44395

44460

272599

-20708716

3350000

3350

2533

101619

9238750958

92388

92565513

-132962427

-40199557

3350000

3350

2533

101619

9238750958

92388

92565513

-132962427

-40199557

3350000

3350

2533

101619

9238750958

92388

92565513

-132962427

-40199557

-4175535 -4175535

701565

4979636877

49796

13070883

13120679

194065933

1941

560059

562000

-20 -20 -65793 -334187 -400000 300 360000 -82000 -82000 20 24000 -24000 -24000

-5188

5188

-324

389188

-89189

89189

306 402084 -123504 -123504

331685

-18935592

306

402084

3350000

3350

2513

101599

14412453768

144125

106316844

-156496930

-49931012

306

402084

3350000

3350

2513

101599

14412453768

144125

106316844

-156496930

-49931012

-18935592

-20708716

1480636

854047

584177 -494000 437820

16426

83682

42892

119151 120131 118502 130020

1831685

1793599

271234

2384163

468262

38740

71927 105101

694929

533952

160393

29591

2464468 3549121

505068

1294286

1663833

17876

63802

-225413

-233147

996881 362200

4086194

3985712

-12196388

-12951743

23724

22165

6241

50000

-5359

21000

-79965

4194

12702010

10825895

278000

389188

278580 54179

350000

1750000

183000

408000

13036402

12113716

760049

-833833

105926

939759

865975

105926

94517

17726

4175535 47934 -3506341 -2291421 21000

44460

538767 -200000 1209206 400000 562000 50000 5188

1. GENERAL INFORMATION AND GOING CONCERN GENERAL INFORMATION Artificial Intelligence Technology Solutions Inc. (formerly known as On the Move Systems Corp.) (“AITX” or the “Company”) was incorporated in Florida on March 25, 2010 and reincorporated in Nevada on February 17, 2015. On August 24, 2018, Artificial Intelligence Technology Solutions Inc., changed its name from On the Move Systems Corp (“OMVS”). Robotic Assistance Devices, LLC (“RAD”), was incorporated in the State of Nevada on July 26, 2016 as a LLC. On July 25, 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc. through the issuance of 10,000 common shares to its sole shareholder. On August 28, 2017, AITX completed the acquisition of RAD (the “Acquisition”), whereby AITX acquired all the ownership and equity interest in RAD for <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_z0SneS55x786" title="Number of shares isuued under acquisition">3,350,000 shares of AITX Series E Preferred Stock and <span id="xdx_90B_eus-gaap--BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_c20170827__20170828__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zE33tI6vx1Fb" title="Number of shares isuued under acquisition">2,450 shares of Series F Convertible Preferred Stock. AITX’s prior business focus was transportation services, and AITX was exploring the on-demand logistics market by developing a network of logistics partnerships. As a result of the closing of the Acquisition, AITX has succeeded to the business of RAD, in which AITX purchased all of the outstanding shares of capital stock of RAD. As a result, AITX’s business going forward will consist of one segment activity which is the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. The Acquisition was treated as a reverse recapitalization effected by a share exchange for financial accounting and reporting purposes since substantially all of AITX’s operations were disposed of as part of the consummation of the transaction. Therefore, no goodwill or other intangible assets were recorded by AITX as a result of the Acquisition. RAD is treated as the accounting acquirer as its stockholders control the Company after the Acquisition, even though AITX was the legal acquirer. As a result, the assets and liabilities and the historical operations that are reflected in these financial statements are those of RAD as if RAD had always been the reporting company. GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the possible inability of the Company to continue as a going concern. For the year ended February 28, 2025, the Company had negative cash flow from operating activities of $12,196,388. As of February 28, 2025 the Company has an accumulated deficit of $156,496,930 and negative working capital of $2,548,138. Management does not anticipate having positive cash flow from operations in the near future. These factors raise substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the issuance of these financial statements. The Company does not have the resources at this time to repay all its credit and debt obligations, make any payments in the form of dividends to its shareholders or fully implement its business plan. Without additional capital, the Company will not be able to remain in business. At the same time management points to its successful history with maintaining Company operations and reminds all with reasonable confidence this will continue. Management has plans to address the Company’s financial situation as follows: Management is committed to raise either non-dilutive funds or minimally dilutive funds. There is no assurance that these funds will be able to be raised nor can we provide assurance that these possible raises may not have dilutive effects. In September 2024, the Company entered into an equity financing agreement whereby an investor will purchase up to $<span id="xdx_904_eus-gaap--PaymentsOfStockIssuanceCosts_c20240901__20240930__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__us-gaap--TypeOfArrangementAxis__custom--EquityFinancingAgreementMember_zDZLhCL8O74g" title="Purchase of common stock">30,000,000 of the Company’s common stock at a discount over a two-year period. There remains approximately $24 million left to issue under this arrangement. Management believes that it has the necessary support to continue operations by continuing its funding methods in the following ways : growing revenues, through equity proceeds, and issuing non-convertible debt. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

10000

3350000

2450

-12196388

-156496930

-2548138

30000000

24000000

2. ACCOUNTING POLICIES Basis of Presentation and Consolidation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and in conformity with the instructions on Form 10-K of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). The audited consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Robotic Assistance Devices, Inc., Robotic Assistance Devices Group, Inc, Robotic Assistance Devices Mobile, Inc., Robotic Assistance Devices Residential, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates In order to prepare financial statements in conformity with accounting principles generally accepted in the United States, management must make estimates, judgements and assumptions that affect the amounts reported in the financial statements and determine whether contingent assets and liabilities, if any, are disclosed in the financial statements. The ultimate resolution of issues requiring these estimates and assumptions could differ significantly from resolution currently anticipated by management and on which the financial statements are based. The most significant estimates included in these consolidated financial statements are those associated with the assumptions used to value equity instruments used in debt settlements, amendments and extensions. Reclassifications Certain amounts in the Company’s consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods. Concentrations of Loans Payable At February 28, 2025 there were $32,801,345 loans payable, $28,581,506 or 87% of these loans to companies controlled by one individual. At February 29, 2024 there were $32,796,345 loans payable, $28,540,506 or 87% of these loans to companies controlled by one individual. Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on deposit with banks and money market instruments. The Company places its cash and cash equivalents with high-quality, U.S. financial institutions which, at times, may exceed federally insured limits, and, to date has not experienced losses on any of its balances. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Accounts Receivable Accounts receivable are comprised of balances due from customers, net of estimated allowances for credit losses. In determining collectability, historical trends are evaluated, and specific customer issues are reviewed on a periodic basis to arrive at appropriate allowances. There was an allowance of $140,000 and $68,000 provided as of February 28, 2025 and February 29, 2024, respectively. For the year ended February 28, 2025, one customer accounts for <span id="xdx_90E_ecustom--ConcentrationRiskPercentage_pid_dp_c20240301__20250228__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneCustomerMember_zsne8sNszdA6" title="Percentage of accounts receivable">52% of total accounts receivable. For the year ended February 29, 2024, three customers account for <span id="xdx_90D_ecustom--ConcentrationRiskPercentage_pid_dp_c20230301__20240229__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoCustomerMember_zWy72qGD0Zre" title="Percentage of accounts receivable">72% of total accounts receivable. Device Parts Inventory Device parts inventory is stated at the lower of cost or net realizable value using the weighted average cost method. The Company records a valuation reserve for obsolete and slow-moving inventory, relying principally on specific identification of such inventory. The Company uses these device parts in the assembly of revenue earning devices (and demo devices) as well as research and development. Depending on use, the Company will transfer the parts to the corresponding asset or expense if used in research and development. A charge to income is taken when factors that would result in a need for an increase in the valuation, such as excess or obsolete inventory, are noted. At February 28, 2025 and at February 29, 2024 there was a valuation reserve of $465,000 and $959,000, respectively. Revenue Earning Devices Revenue earning devices are stated at cost. Depreciation is provided on a straight-line basis over the estimated useful life of 48 months. The Company continually evaluates revenue earning devices to determine whether events or changes in circumstances have occurred that may warrant revision of the estimated useful life or whether the devices should be evaluated for possible impairment. The Company uses a combination of the undiscounted cash flows and market approaches in assessing whether an asset has been impaired. The Company measures impairment losses based upon the amount by which the carrying amount of the asset exceeds the fair value. Fixed Assets Fixed assets are stated at cost. Depreciation is provided on the straight-line method based on the estimated useful lives of the respective assets which range from three to five years. Major repairs or improvements are capitalized. Minor replacements and maintenance and repairs which do not improve or extend asset lives are expensed currently. SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 60%"> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="width: 50%">Computer equipment</td> <td style="width: 1%"> </td> <td style="width: 49%; text-align: center"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zV4SoL9zGje2" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Furniture and fixtures</td> <td> </td> <td style="text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_z1uKETIEn4D5" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Office equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zq1bWSgzI5S5" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Warehouse equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zLRppk7FXNE6" style="font-size: 10pt" title="Fixed assets, useful life">5 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Demo Devices</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zHUxDvdlYdC9" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Vehicles</td> <td> </td> <td style="text-align: center"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z00QnQsThZ95" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Leasehold improvements</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zBAfBtM9ouxb" style="font-size: 10pt" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table> The Company periodically evaluates the fair value of fixed assets whenever events or changes in circumstances indicate that its carrying amounts may not be recoverable. Upon retirement or other disposition of fixed assets, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss, if any, is recognized in income. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Research and Development Research and development costs are expensed in the period they are incurred in accordance with ASC 730, Research and Development unless they meet specific criteria related to technical, market and financial feasibility, as determined by Management, including but not limited to the establishment of a clearly defined future market for the product, and the availability of adequate resources to complete the project. If all criteria are met, the costs are deferred and amortized over the expected useful life or written off if a product is abandoned. At February 28, 2025 and February 29, 2024, the Company had no deferred development costs. Contingencies Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that it is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions. Sales of Future Revenues The Company has entered into transactions, as more fully described in footnote 10, in which it has received funding from investors in exchange for which it will make payments to those investors based on the level of sales of certain revenue categories, generally based on a percentage of sales for those certain revenues. The Company determines whether these agreements constitute sales of future revenues or are in substance debt based on the facts and circumstances of each agreement, with the following primary criteria determinative of whether the agreement constitutes a sale of future revenues or debt: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Does the agreement purport, in substance, to be a sale</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the Company have continuing involvement in the generation of cash flows due the investor</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Is the transaction cancellable by either party through payment of a lump sum or other transfer of assets</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Is the investors rate of return implicitly limited by the terms of the agreement</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the Company’s revenue for a reporting period underlying the agreement have only a minimal impact on the investor’s rate of return</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the investor have recourse relating to payments due</td></tr> </table> In the event a transaction is determined to be a sale of future revenues, it is recorded as deferred revenue and amortized using the sum-of-the-revenue method. In the event a transaction is determined to be debt, it is recorded as debt and amortized using the effective interest method. As of the date of these financial statements, the Company has determined that all such agreements are debt. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Revenue Recognition ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”, supersedes the revenue recognition requirements and industry specific guidance under Revenue Recognition (Topic 605). Topic 606 requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. Topic 606 defines a five-step process that must be evaluated and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing accounting principles generally accepted in the United States of America (“U.S. GAAP”) including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. For the year ended February 28, 2025, one customer accounted for 55% of total revenue and for the year ended February 29, 2024, three customers accounted for 56% of total revenue (see Note-3). Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized when items of income and expense are recognized in the financial statements in different periods than when recognized in the tax return. Deferred tax assets arise when expenses are recognized in the financial statements before the tax returns or when income items are recognized in the tax return prior to the financial statements. Deferred tax assets also arise when operating losses or tax credits are available to offset tax payments due in future years. Deferred tax liabilities arise when income items are recognized in the financial statements before the tax returns or when expenses are recognized in the tax return prior to the financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was signed into law. ASC 740, Accounting for Income Taxes requires companies to recognize the effects of changes in tax laws and rates on deferred tax assets and liabilities and the retroactive effects of changes in tax laws in the period in which the new legislation is enacted. The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%. A corresponding offset has been made to the valuation allowance, and any potential other taxes arising due to the Tax Act will result in reductions to the Company’s net operating loss carryforward and valuation allowance. The Company will continue to analyze the Tax Act to assess its full effects on the Company’s financial results, including disclosures, for the Company’s fiscal year ending February 28, 2025, but the Company does not expect the Tax Act to have a material impact on the Company’s consolidated financial statements. Leases Lease agreements are evaluated to determine if they are sales/finance leases meeting any of the following criteria at inception: (a) transfer of ownership of the underlying asset; (b) purchase option that is reasonably certain of being exercised; (c) the lease term is greater than a major part of the remaining estimated economic life of the underlying asset; or (d) if the present value of the sum of lease payments and any residual value guaranteed by the lessee that has not already been included in lease payments in accordance with ASC 842-10-30-5(f) equals or exceeds substantially all of the fair value of the underlying asset. If at its inception, a lease meets any of the four lease criteria above, the lease is classified by the Company as a sales/finance; and if none of the four criteria are met, the lease is classified by the Company as an operating lease. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Operating lease payments are recognized as an expense in the income statement on a straight-line basis over the lease term, whereby an equal amount of rent expense is attributed to each period during the term of the lease, regardless of when actual payments are made. This generally results in rent expense in excess of cash payments during the early years of a lease and rent expense less than cash payments in the later years. The difference between rent expense recognized and actual rental payments is recorded as deferred rent and included in liabilities. Distinguishing Liabilities from Equity The Company relies on the guidance provided by ASC Topic 480, Distinguishing Liabilities from Equity, to classify certain redeemable and/or convertible instruments. The Company first determines whether a financial instrument should be classified as a liability. The Company will determine the liability classification if the financial instrument is mandatorily redeemable, or if the financial instrument, other than outstanding shares, embodies a conditional obligation that the Company must or may settle by issuing a variable number of its equity shares. Once the Company determines that a financial instrument should not be classified as a liability, the Company determines whether the financial instrument should be presented between the liability section and the equity section of the balance sheet (“temporary equity”). The Company will determine temporary equity classification if the redemption of the financial instrument is outside the control of the Company (i.e. at the option of the holder). Otherwise, the Company accounts for the financial instrument as permanent equity. Our CEO and Chairman holds sufficient shares of the Company’s voting stock that give sufficient voting rights under the articles of incorporation and bylaws of the Company such that the CEO and Chairman can at any time unilaterally vote to increase the number of authorized shares of common stock of the Company without the need to call a general meeting of common shareholders of the Company. Initial Measurement The Company records its financial instruments classified as liability, temporary equity or permanent equity at issuance at the fair value, or cash received. Subsequent Measurement – Financial Instruments Classified as Liabilities The Company records the fair value of its financial instruments classified as liabilities at each subsequent measurement date. The changes in fair value of its financial instruments classified as liabilities are recorded as other income (expenses). Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) provides a framework for measuring fair value in accordance with generally accepted accounting principles. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Level 3 – Inputs that are unobservable for the asset or liability.</td></tr> </table> Measured on a Recurring Basis The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="11" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%; font-weight: bold; text-align: left; padding-left: 10pt">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zWCRYunZVDX5" style="width: 10%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z3znqJRceNV3" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zqAnoOEGgaEh" style="width: 10%; text-align: right" title="Investment at cost">— </td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFpl3uQdNFAa" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt"> Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zZ0eU5rIX2b1" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zgoWSnqcq593" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zyzMi6ZLmxh9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zUct7fSv44mk" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 29, 2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229_zelECotmTkFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZR2aJ4Wwmck" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zawdL3jLlyNb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zffXLj9X0nlj" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the incentive compensation plan, the Company recorded stock based compensation of $<span id="xdx_906_eus-gaap--AllocatedShareBasedCompensationExpense_c20240301__20250228__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zXM0o4sLwak7" title="Payment for stock based compensation warrants">0 and $<span id="xdx_900_eus-gaap--AllocatedShareBasedCompensationExpense_c20230301__20240229__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_z5Z7gdsqIHMj" title="Payment for stock based compensation warrants">1,521,000 for the years ended February 28, 2025 and February 29, 2024 with corresponding adjustments to incentive compensation plan payable. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, prepaid expenses and advances, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments. Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used to determine the number of shares assumed to be purchased from the exercise of stock options and/or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Basic loss per common share is computed based on the weighted average number of shares outstanding during the period. Diluted loss per share is computed in a manner similar to the basic loss per share, except the weighted-average number of shares outstanding is increased to include all common shares, including those with the potential to be issued by virtue of convertible debt and other such convertible instruments. Diluted loss per share contemplates a complete conversion to common shares of all convertible instruments only if they are dilutive in nature with regards to earnings per share. Recently Issued Accounting Pronouncements Recently Issued Accounting Standards During the Year In August 2020, the FASB issued ASU 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Under ASU 2020-06, the embedded conversion features are no longer separated from the host contract for convertible instruments with conversion features that are not required to be accounted for as derivatives under Topic 815, or that do not result in substantial premiums accounted for as paid-in capital. Consequently, a convertible debt instrument will be accounted for as a single liability measured at its amortized cost, as long as no other features require bifurcation and recognition as derivatives. The new guidance also requires the if-converted method to be applied for all convertible instruments. The amendments in ASU 2020-06 are effective for public entities, excluding smaller reporting companies as defined, for fiscal years beginning after December 15, 2021. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. A reporting entity is not permitted to adopt the guidance in an interim period, other than the first interim period of its fiscal year. The Company adopted the standard using a modified retrospective approach. The adjustment to the Company’s accumulated deficit at March 1, 2024 was $4,175,535 with a corresponding adjustment to loans payable.

Basis of Presentation and Consolidation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and in conformity with the instructions on Form 10-K of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). The audited consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Robotic Assistance Devices, Inc., Robotic Assistance Devices Group, Inc, Robotic Assistance Devices Mobile, Inc., Robotic Assistance Devices Residential, Inc. All significant intercompany accounts and transactions have been eliminated in consolidation.

Use of Estimates In order to prepare financial statements in conformity with accounting principles generally accepted in the United States, management must make estimates, judgements and assumptions that affect the amounts reported in the financial statements and determine whether contingent assets and liabilities, if any, are disclosed in the financial statements. The ultimate resolution of issues requiring these estimates and assumptions could differ significantly from resolution currently anticipated by management and on which the financial statements are based. The most significant estimates included in these consolidated financial statements are those associated with the assumptions used to value equity instruments used in debt settlements, amendments and extensions.

Reclassifications Certain amounts in the Company’s consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods.

Concentrations of Loans Payable At February 28, 2025 there were $32,801,345 loans payable, $28,581,506 or 87% of these loans to companies controlled by one individual. At February 29, 2024 there were $32,796,345 loans payable, $28,540,506 or 87% of these loans to companies controlled by one individual.

32801345

28581506

0.87

32796345

28540506

0.87

Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents consist of cash on deposit with banks and money market instruments. The Company places its cash and cash equivalents with high-quality, U.S. financial institutions which, at times, may exceed federally insured limits, and, to date has not experienced losses on any of its balances. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Accounts Receivable Accounts receivable are comprised of balances due from customers, net of estimated allowances for credit losses. In determining collectability, historical trends are evaluated, and specific customer issues are reviewed on a periodic basis to arrive at appropriate allowances. There was an allowance of $140,000 and $68,000 provided as of February 28, 2025 and February 29, 2024, respectively. For the year ended February 28, 2025, one customer accounts for <span id="xdx_90E_ecustom--ConcentrationRiskPercentage_pid_dp_c20240301__20250228__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneCustomerMember_zsne8sNszdA6" title="Percentage of accounts receivable">52% of total accounts receivable. For the year ended February 29, 2024, three customers account for <span id="xdx_90D_ecustom--ConcentrationRiskPercentage_pid_dp_c20230301__20240229__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoCustomerMember_zWy72qGD0Zre" title="Percentage of accounts receivable">72% of total accounts receivable.

140000

68000

0.52 0.72

Device Parts Inventory Device parts inventory is stated at the lower of cost or net realizable value using the weighted average cost method. The Company records a valuation reserve for obsolete and slow-moving inventory, relying principally on specific identification of such inventory. The Company uses these device parts in the assembly of revenue earning devices (and demo devices) as well as research and development. Depending on use, the Company will transfer the parts to the corresponding asset or expense if used in research and development. A charge to income is taken when factors that would result in a need for an increase in the valuation, such as excess or obsolete inventory, are noted. At February 28, 2025 and at February 29, 2024 there was a valuation reserve of $465,000 and $959,000, respectively.

465000

959000

Revenue Earning Devices Revenue earning devices are stated at cost. Depreciation is provided on a straight-line basis over the estimated useful life of 48 months. The Company continually evaluates revenue earning devices to determine whether events or changes in circumstances have occurred that may warrant revision of the estimated useful life or whether the devices should be evaluated for possible impairment. The Company uses a combination of the undiscounted cash flows and market approaches in assessing whether an asset has been impaired. The Company measures impairment losses based upon the amount by which the carrying amount of the asset exceeds the fair value.

Fixed Assets Fixed assets are stated at cost. Depreciation is provided on the straight-line method based on the estimated useful lives of the respective assets which range from three to five years. Major repairs or improvements are capitalized. Minor replacements and maintenance and repairs which do not improve or extend asset lives are expensed currently. SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 60%"> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="width: 50%">Computer equipment</td> <td style="width: 1%"> </td> <td style="width: 49%; text-align: center"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zV4SoL9zGje2" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Furniture and fixtures</td> <td> </td> <td style="text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_z1uKETIEn4D5" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Office equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zq1bWSgzI5S5" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Warehouse equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zLRppk7FXNE6" style="font-size: 10pt" title="Fixed assets, useful life">5 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Demo Devices</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zHUxDvdlYdC9" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Vehicles</td> <td> </td> <td style="text-align: center"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z00QnQsThZ95" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Leasehold improvements</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zBAfBtM9ouxb" style="font-size: 10pt" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table> The Company periodically evaluates the fair value of fixed assets whenever events or changes in circumstances indicate that its carrying amounts may not be recoverable. Upon retirement or other disposition of fixed assets, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss, if any, is recognized in income. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

SCHEDULE OF FIXED ASSETS STATED AT COST <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 60%"> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="width: 50%">Computer equipment</td> <td style="width: 1%"> </td> <td style="width: 49%; text-align: center"><span id="xdx_909_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zV4SoL9zGje2" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Furniture and fixtures</td> <td> </td> <td style="text-align: center"><span id="xdx_901_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_z1uKETIEn4D5" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Office equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_90F_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zq1bWSgzI5S5" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Warehouse equipment</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zLRppk7FXNE6" style="font-size: 10pt" title="Fixed assets, useful life">5 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Demo Devices</td> <td> </td> <td style="text-align: center"><span id="xdx_903_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zHUxDvdlYdC9" style="font-size: 10pt" title="Fixed assets, useful life">4 years</td></tr> <tr style="vertical-align: top; background-color: white"> <td>Vehicles</td> <td> </td> <td style="text-align: center"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z00QnQsThZ95" style="font-size: 10pt" title="Fixed assets, useful life">3 years</td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td>Leasehold improvements</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentUsefulLife_iI_dtY_c20250228__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zBAfBtM9ouxb" style="font-size: 10pt" title="Fixed assets, useful life">5 years, the life of the lease</td></tr> </table>

P3Y

P4Y

P5Y

P4Y

P3Y

P5Y

Research and Development Research and development costs are expensed in the period they are incurred in accordance with ASC 730, Research and Development unless they meet specific criteria related to technical, market and financial feasibility, as determined by Management, including but not limited to the establishment of a clearly defined future market for the product, and the availability of adequate resources to complete the project. If all criteria are met, the costs are deferred and amortized over the expected useful life or written off if a product is abandoned. At February 28, 2025 and February 29, 2024, the Company had no deferred development costs.

Contingencies Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that it is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions.

Sales of Future Revenues The Company has entered into transactions, as more fully described in footnote 10, in which it has received funding from investors in exchange for which it will make payments to those investors based on the level of sales of certain revenue categories, generally based on a percentage of sales for those certain revenues. The Company determines whether these agreements constitute sales of future revenues or are in substance debt based on the facts and circumstances of each agreement, with the following primary criteria determinative of whether the agreement constitutes a sale of future revenues or debt: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Does the agreement purport, in substance, to be a sale</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the Company have continuing involvement in the generation of cash flows due the investor</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Is the transaction cancellable by either party through payment of a lump sum or other transfer of assets</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Is the investors rate of return implicitly limited by the terms of the agreement</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the Company’s revenue for a reporting period underlying the agreement have only a minimal impact on the investor’s rate of return</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Does the investor have recourse relating to payments due</td></tr> </table> In the event a transaction is determined to be a sale of future revenues, it is recorded as deferred revenue and amortized using the sum-of-the-revenue method. In the event a transaction is determined to be debt, it is recorded as debt and amortized using the effective interest method. As of the date of these financial statements, the Company has determined that all such agreements are debt. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Revenue Recognition ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”, supersedes the revenue recognition requirements and industry specific guidance under Revenue Recognition (Topic 605). Topic 606 requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. Topic 606 defines a five-step process that must be evaluated and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing accounting principles generally accepted in the United States of America (“U.S. GAAP”) including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. For the year ended February 28, 2025, one customer accounted for 55% of total revenue and for the year ended February 29, 2024, three customers accounted for 56% of total revenue (see Note-3).

0.55

0.56

Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized when items of income and expense are recognized in the financial statements in different periods than when recognized in the tax return. Deferred tax assets arise when expenses are recognized in the financial statements before the tax returns or when income items are recognized in the tax return prior to the financial statements. Deferred tax assets also arise when operating losses or tax credits are available to offset tax payments due in future years. Deferred tax liabilities arise when income items are recognized in the financial statements before the tax returns or when expenses are recognized in the tax return prior to the financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was signed into law. ASC 740, Accounting for Income Taxes requires companies to recognize the effects of changes in tax laws and rates on deferred tax assets and liabilities and the retroactive effects of changes in tax laws in the period in which the new legislation is enacted. The Company’s gross deferred tax assets were revalued based on the reduction in the federal statutory tax rate from 35% to 21%. A corresponding offset has been made to the valuation allowance, and any potential other taxes arising due to the Tax Act will result in reductions to the Company’s net operating loss carryforward and valuation allowance. The Company will continue to analyze the Tax Act to assess its full effects on the Company’s financial results, including disclosures, for the Company’s fiscal year ending February 28, 2025, but the Company does not expect the Tax Act to have a material impact on the Company’s consolidated financial statements.

Leases Lease agreements are evaluated to determine if they are sales/finance leases meeting any of the following criteria at inception: (a) transfer of ownership of the underlying asset; (b) purchase option that is reasonably certain of being exercised; (c) the lease term is greater than a major part of the remaining estimated economic life of the underlying asset; or (d) if the present value of the sum of lease payments and any residual value guaranteed by the lessee that has not already been included in lease payments in accordance with ASC 842-10-30-5(f) equals or exceeds substantially all of the fair value of the underlying asset. If at its inception, a lease meets any of the four lease criteria above, the lease is classified by the Company as a sales/finance; and if none of the four criteria are met, the lease is classified by the Company as an operating lease. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Operating lease payments are recognized as an expense in the income statement on a straight-line basis over the lease term, whereby an equal amount of rent expense is attributed to each period during the term of the lease, regardless of when actual payments are made. This generally results in rent expense in excess of cash payments during the early years of a lease and rent expense less than cash payments in the later years. The difference between rent expense recognized and actual rental payments is recorded as deferred rent and included in liabilities.

Distinguishing Liabilities from Equity The Company relies on the guidance provided by ASC Topic 480, Distinguishing Liabilities from Equity, to classify certain redeemable and/or convertible instruments. The Company first determines whether a financial instrument should be classified as a liability. The Company will determine the liability classification if the financial instrument is mandatorily redeemable, or if the financial instrument, other than outstanding shares, embodies a conditional obligation that the Company must or may settle by issuing a variable number of its equity shares. Once the Company determines that a financial instrument should not be classified as a liability, the Company determines whether the financial instrument should be presented between the liability section and the equity section of the balance sheet (“temporary equity”). The Company will determine temporary equity classification if the redemption of the financial instrument is outside the control of the Company (i.e. at the option of the holder). Otherwise, the Company accounts for the financial instrument as permanent equity. Our CEO and Chairman holds sufficient shares of the Company’s voting stock that give sufficient voting rights under the articles of incorporation and bylaws of the Company such that the CEO and Chairman can at any time unilaterally vote to increase the number of authorized shares of common stock of the Company without the need to call a general meeting of common shareholders of the Company. Initial Measurement The Company records its financial instruments classified as liability, temporary equity or permanent equity at issuance at the fair value, or cash received. Subsequent Measurement – Financial Instruments Classified as Liabilities The Company records the fair value of its financial instruments classified as liabilities at each subsequent measurement date. The changes in fair value of its financial instruments classified as liabilities are recorded as other income (expenses).

Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) provides a framework for measuring fair value in accordance with generally accepted accounting principles. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC Topic 820 are described as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td>●</td> <td style="text-align: justify">Level 3 – Inputs that are unobservable for the asset or liability.</td></tr> </table> Measured on a Recurring Basis The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="11" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%; font-weight: bold; text-align: left; padding-left: 10pt">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zWCRYunZVDX5" style="width: 10%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z3znqJRceNV3" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zqAnoOEGgaEh" style="width: 10%; text-align: right" title="Investment at cost">— </td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFpl3uQdNFAa" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt"> Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zZ0eU5rIX2b1" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zgoWSnqcq593" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zyzMi6ZLmxh9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zUct7fSv44mk" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 29, 2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229_zelECotmTkFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZR2aJ4Wwmck" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zawdL3jLlyNb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zffXLj9X0nlj" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the incentive compensation plan, the Company recorded stock based compensation of $<span id="xdx_906_eus-gaap--AllocatedShareBasedCompensationExpense_c20240301__20250228__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_zXM0o4sLwak7" title="Payment for stock based compensation warrants">0 and $<span id="xdx_900_eus-gaap--AllocatedShareBasedCompensationExpense_c20230301__20240229__us-gaap--PlanNameAxis__custom--IncentiveCompensationPlanMember_z5Z7gdsqIHMj" title="Payment for stock based compensation warrants">1,521,000 for the years ended February 28, 2025 and February 29, 2024 with corresponding adjustments to incentive compensation plan payable. The carrying amounts of the Company’s financial assets and liabilities, such as cash, accounts receivable, prepaid expenses and advances, accounts payable and accrued expenses, approximate their fair values because of the short maturity of these instruments.

The following table presents information about our liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell: SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Amount at</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="11" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurement Using</td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 28, 2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%; font-weight: bold; text-align: left; padding-left: 10pt">Investment at cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228_zWCRYunZVDX5" style="width: 10%; text-align: right" title="Investment at cost">100,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z3znqJRceNV3" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentsFairValueDisclosure_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zqAnoOEGgaEh" style="width: 10%; text-align: right" title="Investment at cost">— </td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFpl3uQdNFAa" style="width: 10%; text-align: right" title="Investment at cost">50,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt"> Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228_zZ0eU5rIX2b1" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zgoWSnqcq593" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zyzMi6ZLmxh9" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20250228__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zUct7fSv44mk" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">4,000,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">February 29, 2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; padding-left: 10pt">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt">Incentive compensation plan payable – revaluation of equity awards payable in Series G shares</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229_zelECotmTkFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zZR2aJ4Wwmck" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pdp0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zawdL3jLlyNb" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">— </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--IncentivesCompensationPlanPayableRevaluationOfEquity_iI_pp0p0_c20240229__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zffXLj9X0nlj" style="border-bottom: Black 2.5pt double; text-align: right" title="Incentive compensation plan payable revaluation of equity awards payable in Series G shares">2,500,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

100000

50000

4000000 4000000 2500000 2500000

1521000

Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used to determine the number of shares assumed to be purchased from the exercise of stock options and/or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Basic loss per common share is computed based on the weighted average number of shares outstanding during the period. Diluted loss per share is computed in a manner similar to the basic loss per share, except the weighted-average number of shares outstanding is increased to include all common shares, including those with the potential to be issued by virtue of convertible debt and other such convertible instruments. Diluted loss per share contemplates a complete conversion to common shares of all convertible instruments only if they are dilutive in nature with regards to earnings per share.

Recently Issued Accounting Pronouncements Recently Issued Accounting Standards During the Year In August 2020, the FASB issued ASU 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Under ASU 2020-06, the embedded conversion features are no longer separated from the host contract for convertible instruments with conversion features that are not required to be accounted for as derivatives under Topic 815, or that do not result in substantial premiums accounted for as paid-in capital. Consequently, a convertible debt instrument will be accounted for as a single liability measured at its amortized cost, as long as no other features require bifurcation and recognition as derivatives. The new guidance also requires the if-converted method to be applied for all convertible instruments. The amendments in ASU 2020-06 are effective for public entities, excluding smaller reporting companies as defined, for fiscal years beginning after December 15, 2021. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. A reporting entity is not permitted to adopt the guidance in an interim period, other than the first interim period of its fiscal year. The Company adopted the standard using a modified retrospective approach. The adjustment to the Company’s accumulated deficit at March 1, 2024 was $4,175,535 with a corresponding adjustment to loans payable.

4175535

3. REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is earned primarily from two sources: 1) direct sales of goods or services and 2) short-term rentals. Direct sales of goods or services are accounted for under Topic 606, and short-term rentals are accounted for under Topic 842 (which addresses lease accounting and was adopted on March 1, 2019). As disclosed in the revenue recognition section of Note 2 – Accounting Polices, the Company adopted Topic 606 in accordance with the effective date on March 1, 2018. Note 2 includes disclosures regarding the Company’s method of adoption and the impact on the Company’s financial statements. Revenue is recognized on direct sales of goods or services when it transfers promised goods or services to customers in an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS After adopting Topic 842, also referred to above in Note 3, the Company is accounting for revenue earned from rental activities where an identified asset is transferred to the customer and the customer has the ability to control that asset. The Company recognizes revenue from its device rental activities when persuasive evidence of a contract exists, the performance obligations have been satisfied, the transaction price is fixed or determinable and collection is reasonably assured. Performance obligations associated with device rental transactions are satisfied over the rental period. Rental periods are short-term in nature. Therefore, the Company has elected to apply the practical expedient which eliminates the requirement to disclose information about remaining performance obligations. Payments are due from customers at the completion of the rental, except for customers with negotiated payment terms, generally net 30 days or less, which are invoiced and remain as accounts receivable until collected. The following table presents revenues from contracts with customers disaggregated by product/service: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_497_20240301__20250228_zUWBllPTiZ9i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_490_20230301__20240229_zxu44NIzNEmb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 29, 2024</td></tr> <tr id="xdx_406_ecustom--RevenueFromDeviceRentalActivities_maRzICv_z3XONEIJ7QGe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Device rental activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,050,255</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,626,207</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDirectSalesOfGoodsAndServices_maRzICv_zfOKZkue8AGd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Direct sales of goods and services</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,080,631</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">601,352</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_iT_mtRzICv_zl8cZ6N13ilh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,130,886</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,227,559</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

The following table presents revenues from contracts with customers disaggregated by product/service: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_497_20240301__20250228_zUWBllPTiZ9i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_490_20230301__20240229_zxu44NIzNEmb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 29, 2024</td></tr> <tr id="xdx_406_ecustom--RevenueFromDeviceRentalActivities_maRzICv_z3XONEIJ7QGe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Device rental activities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,050,255</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,626,207</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--RevenueFromDirectSalesOfGoodsAndServices_maRzICv_zfOKZkue8AGd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Direct sales of goods and services</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,080,631</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">601,352</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_iT_mtRzICv_zl8cZ6N13ilh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Revenue</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,130,886</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,227,559</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

5050255 1626207 1080631 601352

6130886

2227559

4. LEASES We lease certain warehouses, and office space. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. For lease agreements entered into or reassessed after the adoption of Topic 842, we did not combine lease and non-lease components. There is no lease renewal. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. Below is a summary of our lease assets and liabilities at February 28, 2025 and February 29, 2024. SCHEDULE OF LEASE ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Leases</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Classification</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 31%; padding-bottom: 1pt">Operating</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="width: 31%; text-align: left; padding-bottom: 1pt">Operating Lease Assets</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250228_zCF2dcdklf86" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Operating Lease Assets">1,010,545</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--OperatingLeaseAssets_iI_pp0p0_c20240229_zUiIcV1r60Ph" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Operating Lease Assets">1,139,188</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Liabilities</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Current</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Operating</td><td> </td> <td style="text-align: left">Current Operating Lease Liability</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250228_zdOeK8EpzXj5" style="text-align: right" title="Current Operating Lease Liability">197,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20240229_zEOzyla6mmr5" style="text-align: right" title="Current Operating Lease Liability">237,653</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Noncurrent</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Operating</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt">Noncurrent Operating Lease Liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250228_zIRdOVVTcJp4" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20240229_zphQgFUMxBO2" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">889,360</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250228_zaRwtHOzOyn" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20240229_zcVL65ZeeR08" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,127,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Note: As most of our leases do not provide an implicit rate, we use our incremental borrowing rate of 10%, which for the leases noted above was based on the information available at commencement date in determining the present value of lease payments. We compare against loans we obtain to acquire physical assets and not loans we obtain for financing. The loans we obtain for financing are generally at significantly higher rates and we believe that physical space or vehicle rental agreements are in line with physical asset financing agreements. CAM charges were not included in operating lease expense and were expensed in general and administrative expenses as incurred. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Operating lease cost and rent was $240,731 and $260,406 for both the twelve months ended February 28, 2023 and February 29, 2024, respectively.

Below is a summary of our lease assets and liabilities at February 28, 2025 and February 29, 2024. SCHEDULE OF LEASE ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Leases</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold">Classification</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 31%; padding-bottom: 1pt">Operating</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="width: 31%; text-align: left; padding-bottom: 1pt">Operating Lease Assets</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--OperatingLeaseAssets_iI_pp0p0_c20250228_zCF2dcdklf86" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Operating Lease Assets">1,010,545</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--OperatingLeaseAssets_iI_pp0p0_c20240229_zUiIcV1r60Ph" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Operating Lease Assets">1,139,188</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">Liabilities</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Current</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Operating</td><td> </td> <td style="text-align: left">Current Operating Lease Liability</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20250228_zdOeK8EpzXj5" style="text-align: right" title="Current Operating Lease Liability">197,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_c20240229_zEOzyla6mmr5" style="text-align: right" title="Current Operating Lease Liability">237,653</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Noncurrent</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Operating</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left; padding-bottom: 1pt">Noncurrent Operating Lease Liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20250228_zIRdOVVTcJp4" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">810,513</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_c20240229_zphQgFUMxBO2" style="border-bottom: Black 1pt solid; text-align: right" title="Noncurrent Operating Lease Liabilities">889,360</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20250228_zaRwtHOzOyn" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20240229_zcVL65ZeeR08" style="border-bottom: Black 2.5pt double; text-align: right" title="Total lease liabilities">1,127,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1010545 1139188

197349

237653

810513

889360

1007862

1127013

0.10

240731

260406

5. INVESTMENT On December 23, 2022 the Company entered into a Simple Agreement for Future Equity (SAFE) contract to invest $50,000 to acquire shares of a company’s capital stock at a discount. On June 3, 2024 the Company acquired a $50,000 convertible note receivable from Nightingale Intelligent Systems, Inc., a private Delaware corporation that provides unmanned aerial vehicles (UAV) for commercial applications. On January 3, 2025 the Company exchanged it’s convertible note receivable for : <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_z2HfqGaqfeek" title="Convertible note receivable">1,770,840 Series A preferred shares, <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_za3J2xeYESR3" title="Convertible note receivable">15,000 common shares and <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250103__20250103__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_zqYbjo05qatf" title="Convertible note receivable">165,000 common share warrants. On February 28, 2025, there was a 10 :1 split. The Company now holds 177,084 Series A preferred shares, 1,500 common shares and 16,500 common share warrants (at a strike price of $0.80/share). The Company values the investment at $50,000 at February 28, 2025.

50000

1770840

15000

165000

10 :1 split

177084

1500

16500

0.80

50000

6. REVENUE EARNING DEVICES Revenue earning devices (RED) consisted of the following: SCHEDULE OF REVENUE EARNING DEVICES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_492_20250228_zk3ALIT3GBx9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49A_20240229_zfk29ApvVvwc" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentOther_iI_pp0p0_maPPAEOzVkR_zsCpUE2ALA7c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Revenue earning devices</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,831,352</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">3,432,846</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iNI_pp0p0_di_msPPAEOzVkR_zOgSysilTMC7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,292,172</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(952,844</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--PropertyPlantAndEquipmentOtherNet_iTI_pp0p0_mtPPAEOzVkR_z7ByCBXlKh48" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,539,180</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,480,002</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> During the year ended February 28, 2025, the Company made total additions to revenue earning devices of $<span id="xdx_90F_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_pp0p0_c20240301__20250228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zGBomw2yyW6h" title="Revenue earning">3,398,505 which were transferred from inventory. There was <span id="xdx_904_eus-gaap--GainLossOnSalesOfAssetsAndAssetImpairmentCharges_do_c20240301__20250228__srt--RangeAxis__srt--MinimumMember__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_z39P5eyt0Ts5" title="Disposed of a revenue earning device">no permanent impairment on revenue earning services for the year ended February 28, 2025. During the year ended February 29, 2024, the Company made total additions to revenue earning devices of $<span id="xdx_90F_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_pp0p0_c20230301__20240229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zXh4PoYsb06j" title="Revenue earning">2,166,081 which were transferred from inventory. The Company wrote- off assets with a value $748,243 and related accumulated depreciation $<span id="xdx_900_eus-gaap--Depreciation_pp0p0_c20230301__20240229__srt--RangeAxis__srt--MinimumMember__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zw3zuuI78H5e" title="Depreciation">490,295 with a net book value of $<span id="xdx_90A_eus-gaap--GainLossOnSalesOfAssetsAndAssetImpairmentCharges_pp0p0_c20230301__20240229__srt--RangeAxis__srt--MinimumMember__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zqqc1PQ7EDrb" title="Disposed of a revenue earning device">257,948 as a permanent impairment on revenue devices along with finished goods inventory on assets not yet deployed of $<span id="xdx_906_eus-gaap--AmountOfRegulatoryCostsNotYetApproved_iI_pp0p0_c20240229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zCLZvKFBlhGg" title="Finished goods inventory on assets">326,180 for a total permanent impairment on revenue earning devices of $<span id="xdx_90E_eus-gaap--RevenueFromContractWithCustomerIncludingAssessedTax_pp0p0_c20220301__20230228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember_zjfs2d4fAei1" title="Revenue earning">584,177. Depreciation and amortization for the years ended February 28, 2025, and February 29, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization RED</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_496_20240301__20250228_zN9Fu8qi7SE5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_496_20230301__20240229_zy099qAYyYYf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 29, 2024</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td></tr> <tr id="xdx_405_eus-gaap--CostOfGoodsAndServicesSoldDepreciationAndAmortization_maODAAzUIe_zeogpWXH4JUl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-left: 0pt">Cost of Goods Sold</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,051,498</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">530,640</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherCostAndExpenseOperating_maODAAzUIe_zhQ3r7VS8hLj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt">Operating expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">287,830</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,660</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherDepreciationAndAmortization_iT_mtODAAzUIe_zpTNycPYTyj6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Total Depreciation and Amortization RED</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,339,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">663,300</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Revenue earning devices (RED) consisted of the following: SCHEDULE OF REVENUE EARNING DEVICES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_492_20250228_zk3ALIT3GBx9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49A_20240229_zfk29ApvVvwc" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentOther_iI_pp0p0_maPPAEOzVkR_zsCpUE2ALA7c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Revenue earning devices</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,831,352</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">3,432,846</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iNI_pp0p0_di_msPPAEOzVkR_zOgSysilTMC7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,292,172</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(952,844</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--PropertyPlantAndEquipmentOtherNet_iTI_pp0p0_mtPPAEOzVkR_z7ByCBXlKh48" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,539,180</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,480,002</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

6831352

3432846

2292172

952844

4539180

2480002

3398505

2166081

748243

490295

257948

326180

584177

Depreciation and amortization for the years ended February 28, 2025, and February 29, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization RED</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_496_20240301__20250228_zN9Fu8qi7SE5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_496_20230301__20240229_zy099qAYyYYf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended February 29, 2024</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td></tr> <tr id="xdx_405_eus-gaap--CostOfGoodsAndServicesSoldDepreciationAndAmortization_maODAAzUIe_zeogpWXH4JUl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-left: 0pt">Cost of Goods Sold</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,051,498</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">530,640</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherCostAndExpenseOperating_maODAAzUIe_zhQ3r7VS8hLj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt">Operating expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">287,830</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,660</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherDepreciationAndAmortization_iT_mtODAAzUIe_zpTNycPYTyj6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Total Depreciation and Amortization RED</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,339,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">663,300</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1051498

530640

287830

132660

1339328

663300

7. FIXED ASSETS Fixed assets consisted of the following: SCHEDULE OF FIXED ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_495_20250228_zilVbkPF39yj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49D_20240229_zmxFi7dltGzb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--AutomobilesMember_zovTSJCGc3b9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Automobile</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zM3RSLFBkyCe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Demo devices</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">302,186</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">194,350</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zpdHW5Sf6Xp6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Tooling</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--MachineryAndEquipmentMember_zf27zpfiFjSi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Machinery and equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zxaGiSKD35sb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">150,389</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zvhwvVDouLg3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Office equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zR0BJ4zT2bs1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Furniture and fixtures</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zKqFx2MZ0dXh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,639</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zcO2rm9d00df" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Leasehold improvements</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz3lz_zoZhQE1Z4lS5" style="vertical-align: bottom; background-color: White"> <td>Fixed assets gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">749,514</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">617,953</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz3lz_zXYIRQfecjKl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(491,186</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(349,878</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz3lz_zmsvx9kc11n2" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Fixed assets, net of accumulated depreciation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">258,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">268,075</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> During the year ended February 28, 2025, the Company made additions to fixed assets of $<span id="xdx_906_eus-gaap--PropertyPlantAndEquipmentAdditions_c20240301__20250228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--InventoriesMember_zW8CSFDAmWf5" title="Additions to fixed assets">23,724 and also additions through inventory transfers of $<span id="xdx_905_eus-gaap--PropertyPlantAndEquipmentTransfersAndChanges_c20240301__20250228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--InventoriesMember_zA5uSqmuhGCl" title="Assets transfers from inventory">107,836. During the year ended February 29, 2024, the Company made additions to fixed assets of $<span id="xdx_902_eus-gaap--PropertyPlantAndEquipmentAdditions_c20230301__20240229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--InventoriesMember_z2e3AvjupPdi" title="Additions to fixed assets">22,165 and also additions through inventory transfers of $<span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentTransfersAndChanges_c20230301__20240229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--InventoriesMember_znUwT5xmRv0b" title="Assets transfers from inventory">125,340 and the Company sold a vehicle having a net book value of $4,574 for fair value proceeds of $21,000 and recorded a gain on disposal of fixed assets of $16,426. The $21,000 proceeds were applied to loan payable -related party. Depreciation and amortization for the years ended February 28, 2025, and February 29, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49B_20240301__20250228_z6uKF0moUhd7" style="border-bottom: Black 1pt solid; text-align: center">Year Ended February 28, 2025</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49C_20230301__20240229_zxPK49g0rOV4" style="border-bottom: Black 1pt solid; text-align: center">Year Ended February 29, 2024</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td></tr> <tr id="xdx_403_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FixedAssetsMember_zL0fLHuiLVw1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-left: 0pt">Fixed assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">141,309</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">190,747</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--RevenueEarningDevicesMember_zoa5n3yJ51B3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt">Revenue earning devices</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">287,830</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,660</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Depreciation_zbQ18fOGwKyj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Total Depreciation and Amortization included in operating expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">429,139</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">323,407</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Fixed assets consisted of the following: SCHEDULE OF FIXED ASSETS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_495_20250228_zilVbkPF39yj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49D_20240229_zmxFi7dltGzb" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--AutomobilesMember_zovTSJCGc3b9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Automobile</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">74,237</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--DemoDevicesMember_zM3RSLFBkyCe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Demo devices</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">302,186</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">194,350</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ToolsDiesAndMoldsMember_zpdHW5Sf6Xp6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Tooling</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">107,020</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--MachineryAndEquipmentMember_zf27zpfiFjSi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Machinery and equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,825</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--ComputerEquipmentMember_zxaGiSKD35sb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Computer equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">157,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">150,389</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zvhwvVDouLg3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Office equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,312</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zR0BJ4zT2bs1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Furniture and fixtures</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--WarehouseEquipmentMember_zKqFx2MZ0dXh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,639</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zcO2rm9d00df" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Leasehold improvements</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">26,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENz3lz_zoZhQE1Z4lS5" style="vertical-align: bottom; background-color: White"> <td>Fixed assets gross</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">749,514</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">617,953</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_di_msPPAENz3lz_zXYIRQfecjKl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(491,186</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(349,878</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_mtPPAENz3lz_zmsvx9kc11n2" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Fixed assets, net of accumulated depreciation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">258,328</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">268,075</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

74237

302186

194350

107020

8825

157448

150389

15312

21225

36305

19639

26956

749514

617953

491186

349878

258328

268075

23724

107836

22165

125340

4574

21000

16426

21000

Depreciation and amortization for the years ended February 28, 2025, and February 29, 2024, are as follows: SCHEDULE OF DEPRECIATION AND AMORTIZATION IN OPERATING EXPENSES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Depreciation and Amortization</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49B_20240301__20250228_z6uKF0moUhd7" style="border-bottom: Black 1pt solid; text-align: center">Year Ended February 28, 2025</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" id="xdx_49C_20230301__20240229_zxPK49g0rOV4" style="border-bottom: Black 1pt solid; text-align: center">Year Ended February 29, 2024</td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="3"> </td><td> </td> <td colspan="3"> </td></tr> <tr id="xdx_403_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--FixedAssetsMember_zL0fLHuiLVw1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-left: 0pt">Fixed assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">141,309</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">190,747</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--Depreciation_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--RevenueEarningDevicesMember_zoa5n3yJ51B3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt">Revenue earning devices</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">287,830</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,660</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--Depreciation_zbQ18fOGwKyj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Total Depreciation and Amortization included in operating expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">429,139</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">323,407</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

141309

190747

287830

132660

429139

323407

8. DEFERRED VARIABLE PAYMENT OBLIGATION On February 1, 2019 the Company entered into an agreement with an investor whereby the investor would pay up to $900,000 in exchange for a perpetual 9% rate payment (Payments) on the Company’s reported quarterly revenue from operations excluding any gains or losses from financial instruments (Revenues). At <span id="xdx_903_eus-gaap--DebtInstrumentDateOfFirstRequiredPayment1_dd_c20200229__20200229__us-gaap--RelatedPartyTransactionAxis__custom--InvestorsMember_z8sSEaG38SYc" title="Debt instrument, date of first required payment">February 29, 2020 the investor has advanced the full $900,000. On May 9, 2019 the Company entered into two similar arrangements with two investors: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">(1)</td> <td style="text-align: justify">The investor would pay up to $400,000 in exchange for a perpetual 4% rate Payment on the Company’s reported quarterly Revenues. At February 29, 2020, $400,000 has been paid to the Company.</td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td> </td> <td style="text-align: justify">(2)</td> <td style="text-align: justify">The investor would pay up to $50,000 in exchange for a perpetual 1.11% rate Payment on the Company’s reported quarterly Revenues. At February 29, 2020, $50,000 has been paid to the Company.</td></tr> </table> These variable payments (Payments) are to be made 30 days after the end of each fiscal quarter. If the Payments would deplete RAD’s available cash by more than 30%, the Payments may be deferred for up to 12 months after the quarterly report at an interest rate of 6% per annum on the unpaid amount. In the event that at least 10% of the assets of the Company are sold by the Company, the investors would be entitled to the fair market value (FMV) of all future Payments associated with the assets sold as determined by an independent valuator to be chosen by the investors. The FMV cannot exceed 30% of the total asset disposition price defined as the total price paid for the assets plus all future Payments associated with the assets sold. In the event that the common or preferred shares are sold by the Company to a third party as to effect a change in control, then the investors must be paid the FMV of all future Payments in one lump payment. The FMV cannot exceed 30% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments. On November 18, 2019 the Company entered into another similar arrangement with the (February 1, 2019) investor above whereby the investor would advance up to $225,000 in exchange for a perpetual 2.25% rate Payment on the Company’s quarterly Revenues (commencing on quarter ending May 31, 2020). At February 29, 2020 the investor has advanced $109,000 and the investor advanced the $116,000 remainder as of May 2020. On December 30, 2019 the Company entered into another similar arrangement with a new investor whereby the investor would advance up to $100,000 in exchange for a perpetual 1.00% rate Payment on the Company’s quarterly Revenues (commencing quarter ended November 30, 2020). At February 29, 2020 the investor has advanced $50,000 with the remainder to be advanced no later than June 30, 2020. If the total investor advances turns out to be less than $100,000, this would not constitute a breach of the agreement, rather the <span id="xdx_90B_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20191230__20191230__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember_z7UoQ6fLZ8of" title="Percentage rate of interest pro data basis">1.00% rate would be adjusted on a pro-rata basis. On April 22, 2020 the Company entered into another similar arrangement with the (first May 9, 2019) investor above whereby the investor would advance up to $100,000 in exchange for a perpetual 1.00% rate Payment on the Company’s quarterly Revenues. At May 31, 2020 the investor has fully funded this commitment. On July 1, 2020 the Company entered into a similar agreement with the first investor whereby the investor would pay up to $800,000 in exchange for a perpetual 2.75% rate payment (Payment) on the Company’s reported quarterly revenue. These Payments are to be made 90 days after the fiscal quarter with the first payment being due no later than May 31, 2021. If the Payments would deplete RAD’s available cash by more than 20%, the payment may be deferred. The investor had agreed to pay $100,000 per month over an 8 month period with the first payment due July 2020 and the final payment no later than February 28, 2021. As at August 31, 2020 the investor had fully funded the $800,000 commitment ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS On August 27, 2020 the Company and the first investor referred to above consolidated the three separate agreements of February 1, 2019 for $<span id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_c20200827__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementOneMember_z1LITvz06ttd" title="Maximum amount of debt">900,000, November 18, 2019 for $<span id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_c20200827__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementTwoMember_zSocG8ZEMMth" title="Maximum amount of debt">225,000 and July 1, 2020 for $<span id="xdx_903_eus-gaap--DebtInstrumentFaceAmount_iI_c20200827__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--TypeOfArrangementAxis__custom--AgreementThreeMember_ziv63XfXsI3c" title="Maximum amount of debt">800,000 into a new agreement for a total of $1,925,000. This new agreement is for similar terms as the above agreements save for the following: the rate payment is revised to 14.25% payable on revenues commencing the quarter ended August 31, 2020 and the Payments are secured by the assets of the Company. This interest may be secured by UCC filing but is subordinated to equipment financing on the products the Company leases to its customers. In summary of all agreements mentioned above if in the event that at least <span id="xdx_90A_eus-gaap--InvestmentSoldNotYetPurchasedPercentOfNetAssets_iI_pid_dp_uPure_c20200827__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember_zNeXjULJrpUa" title="Percentage of exchange rate">10% of the assets of the Company are sold by the Company, the investors would be entitled to the fair market value (FMV) of all future Payments associated with the assets sold as determined by an independent valuator to be chosen by the investors. The FMV cannot exceed 43.77% of the total asset disposition price defined as the total price paid for the assets plus all future Payments associated with the assets sold. In the event that the common or preferred shares are sold by the Company to a third party as to effect a change in control, then the investors must be paid the FMV of all future Payments in one lump payment. The FMV cannot exceed 43.77% of the share disposition price defined as the total price the third party paid for the shares plus the total value of all future Payments. As of March 1, 2021 as a result of the amendment with the first investor noted below. This aggregate asset disposition % was reduced from 43.77 % to 33.77% The Payments will first become payable on June 30, 2019 (unless otherwise indicated) based on the quarterly Revenues for the quarter ended May 31, 2019 and will accrue every quarter thereafter. As of February 28, 2025, the Company has accrued approximately $1,901,258 in Payments, of which $904,377 is in arrears. As of February 29, 2024, the Company has accrued approximately $904,377 in Payments, of which $542,176 is in arrears. No notices have been received by the Company. On March 1, 2021 the first investor referred to above whose aggregate investment is $1,925,000 revised his agreements as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">1)</td> <td style="text-align: justify">The rate payment was reduced from <span id="xdx_903_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MaximumMember_zPdeHVZfgLel" title="Percentage of exchange rate">14.25 % to <span id="xdx_909_ecustom--PercentageOfRoyalty_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MinimumMember_zaUPvwqxGW0h" title="Percentage of exchange rate">9.65 %</td></tr> <tr style="vertical-align: top"> <td> </td> <td>2)</td> <td style="text-align: justify">The asset disposition % (see below) was reduced from <span id="xdx_90B_ecustom--PercentageOfTotalAssetDispositionPrice_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MaximumMember_zhiNH8qNRW91" title="Percentage of total asset disposition price">31 % to <span id="xdx_90C_ecustom--PercentageOfTotalAssetDispositionPrice_pid_dp_uPure_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__srt--RangeAxis__srt--MinimumMember_zeo160lffJ54" title="Percentage of total asset disposition price">21%</td></tr> </table> In consideration for the above changes, the investor received <span id="xdx_900_eus-gaap--SharesIssued_iI_c20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_z7rvttaGc0Id" title="Shares issued">40 Series F Convertible Preferred Stock and a warrant to purchase <span id="xdx_902_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zW8ArrVj8tA3" title="Warrants issued">367 shares of its Series F Convertible Preferred Stock with a five-year term and an exercise price of $<span id="xdx_90A_eus-gaap--WarrantExercisePriceIncrease_pid_c20210301__20210301__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zbTkNBEVSlRj" title="Exercise price">1.00. During the three months ended May 31, 2021 the warrant holder exercised warrants to acquire <span id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight_iI_c20210531__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zaWCsJb9WSKk" title="Warrants exercised">38 shares of Series F Convertible Preferred Stock. The company attributed a fair value based on recent transactions for the Series F Preferred stock and warrants of $<span id="xdx_90E_eus-gaap--FairValueAdjustmentOfWarrants_c20210301__20210531__us-gaap--RelatedPartyTransactionAxis__us-gaap--InvestorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zgIZXAX0NE34">33,015,214 and recorded a loss on settlement of debt with a corresponding adjustment to paid in capital. The Company retains total involvement in the generation of cash flows from these revenue streams that form the basis of the payments to be made to the investors under this agreement. Because of this, the Company has determined that the agreements constitute debt agreements. As of February 28, 2025, and February 29, 2024, the long-term balances other than Payments already owed is the cash received of $2,525,000 and $2,525,000, respectively. For both the years ended February 28, 2025 and February 29, 2024, the Company has received $0 related to the deferred payment obligation as the balance remains $2,525,000 at both February 28, 2025 and February 29, 2024. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 900000 0.09

2020-02-29

900000

400000 0.04 400000 50000 0.0111 50000

225000

0.0225

109000

116000 100000 0.0100 50000 100000 0.0100 100000 0.0100 800000 0.0275

900000

225000

800000

1925000

0.1425

0.10

1901258

904377

542176

1925000

0.1425 0.0965 0.31 0.21

367

1.00

33015214

2525000 2525000 0 0 2525000 2525000

9. RELATED PARTY TRANSACTIONS For the years ended February 28, 2025, and February 29, 2024, the Company had net (advances) repayments of ($71,927) and $54,179, respectively, to its loan payable-related party. At February 28, 2025, the loan payable-related party was $329,365 and $257,438 at February 29, 2024. As of February 28, 2025, included in the balance due to the related party is $190,013 of deferred salary all of which bears interest at <span id="xdx_90B_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20240301__20250228__us-gaap--RelatedPartyTransactionAxis__us-gaap--RelatedPartyMember_zPFBpWg5Z2K9" title="Percentage of interest expense due to related party">12%. As of February 29, 2024, included in the balance due to the related party is $140,013 of deferred salary all of which bears interest at <span id="xdx_906_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20230301__20240229__us-gaap--RelatedPartyTransactionAxis__us-gaap--RelatedPartyMember_zhvtWIP4o4Lc" title="Percentage of interest expense due to related party">12%. The accrued interest included at February 28, 2025, was $51,575 (February 29, 2024 - $32,468). During the year ended February 28, 2025, the Company a net accrual of $1,663,833 in deferred compensation for the CEO. This would bring his annual bonus for the year ended February 28, 2025, to $2.5 million. For the fiscal year ended February 28, 2025, the Company paid out $<span id="xdx_90C_eus-gaap--EmployeeStockOwnershipPlanESOPCompensationExpense_c20240301__20250228__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zwbOk2zYkvF6" title="Balance of incentive compensation payable">836,167 to the CEO. During the year ended February 29, 2024, the Company accrued $538,767 in deferred compensation for the CEO. The Company had already recorded $461,233 in bonus compensation. This was all in accordance with a December 2023 board action allowing for $1 million of discretionary compensation. During the years ended February 28, 2025, and February 29, 2024, the Company accrued 1,500 Series G shares to be issued totaling $<span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan_c20240301__20250228__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zVwtPtMPism2" title="Total accrued">1,500,000 and <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan_c20230301__20240229__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zk6F4urUT09i" title="Shares to be issued">2,000 Series G preferred shares to be issued totaling $<span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan_c20230301__20240229__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zSGCnZoIgu88" title="Total accrued">2,000,000, respectively, both per Company resolution. The Series G preferred shares are redeemable at $1,000 per share and will be issued by the Company at the appropriate time. The balance of Incentive Compensation Plan Payable at February 28, 2025, was $<span id="xdx_901_eus-gaap--EmployeeBenefitsAndShareBasedCompensation_c20240301__20250228__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zK6IVX94Dzsg" title="Incentive compensation plan payable">4,000,000 and the balance February 29, 2024, was $<span id="xdx_906_eus-gaap--EmployeeBenefitsAndShareBasedCompensation_c20230301__20240229__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zhnWjlVsho21" title="Incentive compensation plan payable">2,500,000. During the years ended February 28, 2025, and February 29, 2024, the Company was charged $2,541,180 and $2,810,839, respectively in consulting fees for research and development to a company partially owned by a principal shareholder included in research and development expenses. The principal shareholder received no compensation from this partially owned research and development company and the fees were spent on core development projects. As at both February 28, 2025, and February 29, 2024, the balance due to this company was $76,532.

71927

54179

329365

257438

190013

0.12

140013

0.12

51575

32468

1663833

2500000

836167

538767

461233

1000000

1500

1500000

2000

2000000

1000

4000000

2500000

2541180

2810839

76532

10. OTHER DEBT – VEHICLE LOANS In December 2016, RAD entered into a vehicle loan for $<span id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20161231__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_ztrj5vfBVxBh" title="Vehicle loan secured by automobile">47,704 secured by the vehicle. The loan is repayable over <span id="xdx_902_eus-gaap--DebtInstrumentTerm_dtY_c20161201__20161231__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zqPFaKcncHp" title="Term of debt">5 years maturing <span id="xdx_903_eus-gaap--DebtInstrumentMaturityDate_dd_c20161201__20161231__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zxDQ69EsC8Je" title="Maturity date">November 9, 2021, and repayable $<span id="xdx_90E_eus-gaap--DebtInstrumentPeriodicPayment_pp0p0_c20161201__20161231__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zq5HmINtgnMg" title="Payment of debt interest and principal">1,019 per month including interest and principal. In November 2017, RAD entered into another vehicle loan secured by the vehicle for $<span id="xdx_907_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20171130__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zDdQgvcsEnTd" title="Vehicle loan secured by automobile">47,661. The loan is repayable over <span id="xdx_902_eus-gaap--DebtInstrumentTerm_dtY_c20171101__20171130__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zdRKe5s9dtYl" title="Term of debt">5 years, maturing <span id="xdx_902_eus-gaap--DebtInstrumentMaturityDate_dd_c20171101__20171130__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zxd9M4fipZR3" title="Maturity date">October 24, 2022 and repayable at $<span id="xdx_907_eus-gaap--DebtInstrumentPeriodicPayment_c20171101__20171130__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zAxMUTa9Gi19" title="Payment of debt interest and principal">923 per month including interest and principal. The principal repayments made were $0 for both the year ended February 28, 2022 and February 28, 2021. Regarding the second vehicle loan, the vehicle was returned at the end of fiscal 2019 and the car was subsequently sold by the lender for proceeds of $<span id="xdx_900_eus-gaap--DebtInstrumentCarryingAmount_iI_pp0p0_c20190228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_z5mDbfo9aup1" title="Outstanding balance of the loan">21,907 which went to reduce the outstanding balance of the loan. A loss of $<span id="xdx_907_eus-gaap--GainsLossesOnExtinguishmentOfDebt_pp0p0_c20190228__20190228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zAQXhT2UHOm1">3,257 was recorded as well. A balance of $<span id="xdx_907_eus-gaap--SecuredDebtCurrent_iI_pp0p0_c20230228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zTBhTOiNwhig" title="Current portion vehicle loan"><span id="xdx_900_eus-gaap--SecuredDebtCurrent_iI_pp0p0_c20220228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zp1vwYGVU8d1" title="Current portion vehicle loan">21,578 remains on this vehicle loan at both February 28, 2023 and February 29, 2022. For the first vehicle loan, the vehicle was retired in 2020, the proceeds of the disposal of $<span id="xdx_904_eus-gaap--ProceedsFromSaleOfOtherAssets1_pp0p0_c20200229__20200229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zOuxiD3Lthf">18,766 was applied against the balance of the loan with a $<span id="xdx_90A_ecustom--RemainingAssetValue_iI_pp0p0_c20200229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zC5pBX7xiPN8" title="Remaining asset value">5,515 gain on the remaining asset value of $<span id="xdx_906_eus-gaap--GainLossOnSaleOfOtherAssets_pp0p0_c20200229__20200229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zsX1roG0IEx">13,251. A balance of $<span id="xdx_900_eus-gaap--SecuredLongTermDebt_iI_pp0p0_c20220228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zPk4WaCVT65i">16,944 remains on this vehicle loan at both February 28, 2023 and February 28, 2022. As we received a legal opinion that collection on this debt is no longer enforceable we wrote off the remaining balances, with a gain on settlement of debt of $<span id="xdx_90A_eus-gaap--DebtSecuritiesGainLoss_c20200229__20200229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zN9KUEXLutB" title="Gain on settlement of debt">38,522. The remaining total balances of the amounts owed on the vehicle loans were $<span id="xdx_906_eus-gaap--SecuredDebt_iI_pp0p0_c20250228__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zvJ8LA3X5FHj" title="Total vehicle loan">0 and $<span id="xdx_901_eus-gaap--SecuredDebt_iI_pp0p0_c20240229__us-gaap--BusinessAcquisitionAxis__custom--RoboticAssistanceDevicesLLCMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--SecuredDebtMember_zViteinTRJF3" title="Total vehicle loan">38,522 as of February 28, 2025 and February 29, 2024, respectively, of which all were classified as current. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

47704

P5Y

2021-11-09

1019

47661

P5Y

2022-10-24

923

21907

3257

21578

18766

5515

13251

16944

38522

11. LOANS PAYABLE Loans payable at February 28, 2025 consisted of the following: SCHEDULE OF LOANS PAYABLE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid">Date</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; text-align: center">Maturity</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; text-align: center">Description</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Principal</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Interest Rate</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 26%">July 18, 2016</td> <td style="width: 1%"> </td> <td style="width: 21%">July 18, 2017</td> <td style="width: 1%"> </td> <td style="width: 21%">Promissory note</td> <td style="width: 4%; text-align: left">(1)*</td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zXVRolp7J6He" style="width: 10%; text-align: right" title="Debt instrument, face amount">3,500</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zMLei3q10W9e" style="width: 10%; text-align: right" title="Annual interest rate">22</td> <td style="width: 1%">%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 10, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(2)</td> <td> </td> <td> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_zfTtI6qCl3v9" style="text-align: right" title="Debt instrument, face amount">3,921,168</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_z9uHZN4DLQP8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>December 10, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(3)</td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zBVAlKvDcdIe" style="text-align: right" title="Debt instrument, face amount">2,754,338</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zT80Z6qfCRS8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 10, 2020</td> <td> </td> <td>December 10, 2024</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(4)*</td> <td> </td> <td> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zJdn2lEs0BYf" style="text-align: right" title="Debt instrument, face amount">165,605</td> <td> </td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zQvHtgv93njd" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>December 14, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(5)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zP5FIziTikSl" style="text-align: right" title="Debt instrument, face amount">310,375</td> <td> </td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_ztpzyVkNqNkl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 30, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(6)</td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zykQEqbhn7H1" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_z2Qjcu1ITV1h" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>January 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(7)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zVQK8PGzWAB3" style="text-align: right" title="Debt instrument, face amount">25,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zRLoSkGpy6yl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>January 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(8)</td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_z2VwtigakBB5" style="text-align: right" title="Debt instrument, face amount">145,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_z9pW9DC1eSE7" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>January 14, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(9)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_zNoxKYbtcSc5" style="text-align: right" title="Debt instrument, face amount">388,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_z37a3SOK2Umc" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>February 22, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(10)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zq01yKayjRFd" style="text-align: right" title="Debt instrument, face amount">1,650,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zzOjn7fyUrGf" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>March 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(11)</td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zpla8w3TegWc" style="text-align: right" title="Debt instrument, face amount">6,000,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zwXQWQD4qmG8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>June 8, 2021</td> <td> </td> <td>June 8, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(12)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____z7288JZ2Vzbg" style="text-align: right" title="Debt instrument, face amount">2,750,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____zLAmUjXZLtL3" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>July 12, 2021</td> <td> </td> <td>July 26, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(13)</td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zdrJOZBgU4Q6" style="text-align: right" title="Debt instrument, face amount">3,740,360</td> <td> </td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zrw8ON8mjnN9" style="text-align: right" title="Annual interest rate">7</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>September 14, 2021</td> <td> </td> <td>September 14, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(14)</td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zmckdoA8CPX4" style="text-align: right" title="Debt instrument, face amount">1,650,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zSlebLrT9dxl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>July 28, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(15)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____zPJ5jCkK8cf4" style="text-align: right" title="Debt instrument, face amount">170,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____zgD3VNz0b7Zi" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>August 30, 2022</td> <td> </td> <td>August 30,2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(16)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____z2oC8vDv3H67" style="text-align: right" title="Debt instrument, face amount">3,000,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____zk9sgRkU4Lj6" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>September 7, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(17)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zVoQOPhaba6c" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zi18m6wFTx69" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>September 8, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(18)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zkey8RYQ2Hbj" style="text-align: right" title="Debt instrument, face amount">475,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zo4dniLj80e9" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>October 13, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(19)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____z0qXQLTUK8d1" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____zMVYoy5AODAa" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>October 28, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zF53d4b0Y6Tg" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zUA1u4BFABk2" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>November 9, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zvrRmIPvH8n7" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____z6iscG8iAQV" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>November 10, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____z5EJU54U9BYj" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zz6eGaF3tzR7" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>November 15, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____ziRyFl5151Wa" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_985_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zGXHdpdu7JJd" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>January 11, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zowmvBV5mmY2" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zrqdozEi30j7" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>February 6, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zdeM9iDOhqt7" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zbtW3kwhoYz3" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>April 5. 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zEhyNA9wv735" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zGhcoiNTI4I8" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>April 20, 23</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zDRnHIRyTK29" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zttFZX9xFJE5" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>May 11, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_fKDIwKQ_____zdMa4eWUrGdf" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_fKDIwKQ_____zMYVTWA3vYPf" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>October 27, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____ztq9BMq2Ytvk" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zZQJbg8VMmy5" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>November 30, 2023</td> <td> </td> <td>April 30, 2026</td> <td> </td> <td>Purchase Agreement</td> <td style="text-align: left">(21)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zhMzSsWAWnQ2" style="text-align: right" title="Debt instrument, face amount">203,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zBHZXM9nTjFd" style="text-align: right" title="Annual interest rate">35</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>March 8, 2024</td> <td> </td> <td>August 8, 2025</td> <td> </td> <td>Purchase Agreement</td> <td style="text-align: left">(22)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____zM0FAGRx9pb5" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____z2Jyqa3BFQFj" style="text-align: right" title="Annual interest rate">35</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt">August 8, 2024</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt">August 8, 2025</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt">Exchange Agreement</td> <td style="padding-bottom: 1pt; text-align: left">(23)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember_fKDIzKQ_____zG3cNaW1asal" style="border-bottom: black 1pt solid; text-align: right" title="Debt instrument, face amount">-</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember_fKDIzKQ_____z9WYzQPEbV6g" style="padding-bottom: 1pt; text-align: right" title="Annual interest rate">12</td> <td style="padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228_z5j3ImndLgag" style="border-bottom: black 2.25pt double; text-align: right" title="Debt instrument, face amount">32,801,346</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5">Less: current portion of loans payable</td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td id="xdx_980_ecustom--LongTermNotesPayableNonCurrent_iI_pp0p0_c20250228_z1zU0CNOBgDh" style="text-align: right" title="Less: current portion of loans payable">(519,105</td> <td>)</td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td colspan="5" style="padding-bottom: 1pt">Less: discount on non-current loans payable</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_98B_ecustom--DiscountOnLongTermNotesPayableNonCurrent_iI_pp0p0_c20250228_zdCfFUvvDnx7" style="border-bottom: black 1pt solid; text-align: right" title="Less: discount on non-current loans payable">(360,163</td> <td style="padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: right"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5" style="padding-bottom: 2.5pt">Non-current loans payable, net of discount</td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_98C_eus-gaap--LongTermNotesPayable_iI_pp0p0_c20250228_ze0r3AAOM2t9" style="border-bottom: black 2.25pt double; text-align: right" title="Non-current loans payable, net of discount">31,922,078</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5">Current portion of loans payable</td> <td style="text-align: left"> </td> <td> </td> <td>$</td> <td id="xdx_985_eus-gaap--LongTermDebtCurrent_iI_pp0p0_c20250228_zYItOPTum5m7" style="text-align: right" title="Current portion of loans payable">519,105</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td colspan="5" style="padding-bottom: 1pt">Less: discount on current portion of loans payable</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_984_ecustom--DiscountOnLongTermNotesPayableCurrent_iI_pp0p0_c20250228_zysLHY7MZi3" style="border-bottom: black 1pt solid; text-align: right" title="Less: discount on current portion of loans payable">-</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: right"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5" style="padding-bottom: 2.5pt">Current portion of loans payable, net of discount</td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_984_eus-gaap--NotesPayableCurrent_iI_pp0p0_c20250228_z79CCswSxmLc" style="border-bottom: black 2.25pt double; text-align: right" title="Current portion of loans payable, net of discount">519,105</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td id="xdx_F03_zXynqfgi8GE8" style="width: 0.25in; text-align: left">*</td><td style="text-align: justify">In default</td> </tr></table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed on the lender.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zHyd0Tjt54X7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">2,683,357 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zsmvFcuplf7i" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">1,237,811 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_z0EWnEcunlTc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">3,921,168 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zriZAoJ99HWi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">3,921,168, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zZSPyNrUG4Z1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">450,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_znPxBQkDnNa8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zmqO6GsCwZFl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">990,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zAsU97GO7Rbb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_901_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z3bFaJkS1shg" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zoOPMvNXDf1h" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">1,460,794 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zztXuMxi70x1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">1,593,544 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zZwWbp3AnpDa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">3,054,338 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zVREVAS8bd2g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion value">3,054,338, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zfdEPLh8Axw7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zoeGiRnrI7se" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">0.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zDdBG6O3hwAb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">550,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20230301__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_z50hLPc5EHAk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayment of debt">300,000 has been repaid during the year ended February 29, 2024. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zKXduz5S51ik" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zIzX4uAWRJa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zy27YyoN6mF3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">103,180 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zJ7GEu5KLyw4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">62,425 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z8hCLWxpF0hl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">165,605 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z0zPaxzlvES8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">165,605, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zhT03WNgnbsi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zXYCM5Vky7of" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zhFynWItY4Dh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">176,000.The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $<span id="xdx_901_eus-gaap--InterestExpense_c20240229__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zDaZ4nI678Mh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expense">22,958 was paid and charged to interest expense. The note is in default. No notices have been sent. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zxlqnjaxp0B2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">235,000 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z01rv41wnMIl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">75,375 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zbPalirjUpOb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">310,375 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zDQR0XaXjay5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">310,375, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zrjfPpiqTgA4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">25,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zhZ6vVAbHgvg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zSHsaOWgPA5l" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">182,500.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znauxFUeqkKc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">350,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z8UyJzO2xUD3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">35,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zP1GdXDKSZ13" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zEWx7epq2mxc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zZkIpWdXQJ86" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znnofLhNEYBc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">271,250. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zjT9Iscnvxf7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">271,250 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zq1nitxqjRHl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">65,092 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zFe4jROEnSaf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">8,399 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z4k2HcLeogdf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_903_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z5apIFsdQx6a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zhnXYndEu5Ge" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">8,261, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zvdWJ78zy9Vc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">138 at February 28, 2025. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zRxOdeklOuh4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">9,200 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zFeZigmjjDri" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">6,944 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_z9hHmNKvl8D4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">16,144 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zrxK0lXINlxa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">25,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zbwOfWwfjFa6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zz7yMzq1oYtg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zoRb75iupFVl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">79,500 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zhYDrtqwJJD1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">28,925 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zyBoaFJO5kKd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">108,425 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_z7zD8Em8t6eh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">145,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zWcVeeUf0GYc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zpRAXhSupgF5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zEwfmbVwtBV2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">550,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zZUJJ12CBVlk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">250,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_ze8VoOPobuX5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zto9WaiBHlHb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zZGvyLwcqYb8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z8KlUqotfagf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">380,174. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zGWoDDhwobSb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">380,174 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zDg5Kgf7lU93" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">80,284 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z6rwVCdrZOy4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">10,559 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zmSPcIxyRgYc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same. <span id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zZIw01x53akb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zEMiQH4iljhe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">10,415, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zuKpgPkBFwUl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">144 at February 28, 2025. On February 11, 2025, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PaymentsForRepurchaseOfCommonStock_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zq1QaHsGowCc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayments of common stock">162,000 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zI9rX6b9V39e" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Issuance of common stock">60,000,000 common shares. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zYJcC4SPDsP1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zngrLNc6Rmjb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zEqNM5lcwVo4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">100,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zrYIqsph9mP6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z4LX4IvWWms6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z7KVTFM4k8i7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">1,342,857. The discount and warrant are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zZkp2Y5PTNth" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">1,342,857 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. The maturity date was extended from February 22, 2022, to February 22, 2024, on February 28, 2022, in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zReK9xDNLCxk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zNfckLOkP4o5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zJYyaadN7Op3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3-year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zSgIXHXXwTp2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expenses">950,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. On November 28, 2023, the parties extended the maturity date from February 22, 2024, to March 1, 2025, with all other terms and conditions remaining the same. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zbBr6r7bvMFa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">497,614 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zyzazTzPSD25" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">55,585 unamortized discount remained. On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z2uCaNxWLdtj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">54,885, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z7JPPYmnLyl5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">700 at February 28, 2025. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The unsecured note may be pre-payable at any time. Cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zHeN38M2j5a5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Proceeds from issuance of debt">5,400,000 were received. The note balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zRyjWkKqaqZ2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,000,000 includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zxXOuRGMiqHl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">600,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zepRTFUYoeL4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">300,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zZysFcNsIAOj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zkL1oHYggMik" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zk0GvrpHalUa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">4,749,005 using Black-Scholes with assumptions described in note 13. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_z02H4h2PAgL7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">4,749,005 with a corresponding adjustment to paid in capital for the relative value of the warrant. The maturity was extended from March 1, 2022 to March 1, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zbvx4HgAEADg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">150,000,000 shares of common stock at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zd2DbUvJ8En7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zoOYf8TaOKOg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zOMe168oq9F1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expenses">2,850,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note has been fully amortized. This note was again extended to March 1, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zNehJid6Wutj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ProceedsFromIssuanceOfDebt_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z53GyJDJudIj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,750,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zdhr665iAkEa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z6ESCVPyYrWf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">170,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zvYGzvTJ6wId" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.064 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zzd6qUIaeiW1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zclsT9v27ghb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,035,033. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zOYHMCs7fHtc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,035,033 with a corresponding adjustment to paid in capital. The maturity date was extended from June 8, 2022 to June 8, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zYZy7yNROJPf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">85,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zJXksr8S0afc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zPMHSnBeGpK1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zgMVPdko3m7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,615,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note was extended to June 8, 2025. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zEfCke3FOdR7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33,547 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z0KMvhiBK7Dh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,121 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z8nupDHPjhTl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,157, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zXUmU3riiEd5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">964 at February 28, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zCtNVJIgV89g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This loan, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zu7YPmfCIiS" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">4,000,160, was in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--TitleOfIndividualAxis__srt--DirectorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zDwZbuvXkVJ4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities, shares">184 Series F preferred shares from a former director. The interest and principal are payable at maturity. The loan is unsecured. For the year ended February 28, 2025, there were repayments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--RepaymentsOfNotesPayable_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zjlbYHP4TqG1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayment of notes">36,000.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zlKjGtwRgcUg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zG6TP3M5reh4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zUyWG5BhO5dg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zwUMoILMfB9a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.037 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zezavBBpWiq6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zsLyF1IiYXck" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">1,284,783, The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zZz8UFbYBmEj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">1,284,783 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zLtxEhogkwU6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">572,549 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zqbKqMm20hT3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">66,846 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zZt7aINAzXf1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">41,665, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_ziT49FAuvAHj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument, unamortized discount">25,181 at February 28, 2025. This note was extended to September 14, 2025. On April 16, 2025, the parties again extended the maturity date from September 14, 2025, to September 14, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zDMqpJV82gNd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">170,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zQxa3dNqL67g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">20,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zn9OFDU3JzWa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zcd5Wt8CYKR6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">A warrant holder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zKR12EwLagl2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants">955,000,000 warrants for a promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z2iWRrCeygx7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">3,000,000, bearing interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zhuFOYAE9Fj8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest rate">15% with a two year maturity. The fair value of the warrants was determined to be $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zFdAlHE5Bujg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,960,500 with a corresponding adjustment to paid-in capital and a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z8HPV6UPHT97" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">39,500 which will be amortized over the term of the loan. Principal and interest due at maturity. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zLJeJQWTrwvd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">11,535 was removed with a corresponding adjustment to accumulated deficit. This note has been fully amortized. This note was extended to August 30, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zyHtdVRcVBk6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zgjWjGGa7obh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">400,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zqDF2L3cudW5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zJh8mi51d7J3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_ztb5ISQ0Qeti" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_z0nTCvA3xM26" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">475,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zCkJmuBCWTda" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">75,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zjyywNMlHrMb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zdwoJ4EF0Zpb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zrHs9qIsGxOe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">350,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z900B6pxtwFi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of the Company’s s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zdASQS0L0BQ1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_900_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zEaSp88bh5D2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On October 28, 2022, the Company entered into an loan facility with a lender for up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember_zlMABcsUrfBg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,000,000 including an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zTRoKkQ94SY7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">500,000. In exchange the Company will issue one series F Preferred Share, extended <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--SharesIssued_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_za2DBlaYRLLh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">329 series F warrants with a March 1, 2026 maturity to a new October 31, 2033 maturity, and issue up to 10 tranches with each tranche of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zyPJmZlHFjVf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">400,000, with cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ProceedsFromIssuanceOfDebt_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zYyYXiGiRsC" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Cash proceeds">350,000 an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zTgpb3mhg7B3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Discount amount">50,000, October 31, 2026 maturity, and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFWarrantsMember__us-gaap--AwardTypeAxis__custom--OctoberThirtyOneTwentyThirtyThreeMember_z20riyBbbhNc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">61 Series F warrants with a October 31, 2033 maturity. Secured by a general security charging all of the Company’s present and after-acquired property. At February 29, 2024 the Company has issued all 10 tranches totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zEqQX3iTbyVe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Discount amount">4,000,000 as follows:</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">October 28, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zPJBb5QiUbz6">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zBahWyRrSUcb" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z0m7RVr9f0Bj" title="Purchase of warrants">61 Series F Preferred Share warrants and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredSharesMember_zIJESTvC4Ri3" title="Conversion of convertible securities, shares">1 Series F Preferred Share having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zoPqq13qI9R1" title="Fair value">299,399. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zbhVTSuU4Lta">286,775 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_z8UWUD0FsIVe" title="Unamortized discount">47,892 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zY4558Kv87fe" title="Amortization of debt expense">14,981, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zenoTsbVmNAa" title="Unamortized discount">32,911 at February 28, 2025.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">November 9, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zhwKabid19S8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z0PulnE5Kq1f">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z7pxMybElxnb">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zRWt7vaI6wZ">299,750. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zmSh3vgRSlZj">288,513 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z1cBwU7L5Q2j">48,126 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zkNbjorCAxZ4">15,050, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zzCAie0Phgng">33,076 at February 28, 2025.</td></tr> </table> November 10, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zajTQ0kVa8Lg">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zzuSJoqBCnL2" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zASy76pfO8vh" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zBLbxPgGU9Yb" title="Fair value">302,020. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zK92QgbykAe8" title="Debt discount">291,694 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zBwxtM84KgKh" title="Unamortized discount">48,290 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zEPjGUsh8myb" title="Amortization of debt expense">15,098, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zugkFyyG60ii" title="Unamortized discount">33,192 at February 28, 2025. November 15, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--LoansPayable_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zjzQmex4tFn9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zlLNFhNvOibg" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zYknqIr7QxVd" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zmOpgd71MUW8" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zH1BZfHfzsK6" title="Debt discount">287,814 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zbd1QPVSyiT3" title="Unamortized discount">47,976 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zfh6J1Bob195" title="Amortization of debt expense">15,005, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zfgYMNPbtkt6" title="Unamortized discount">32,971 at February 28, 2025. January 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_ziMVuN4hqLQi" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zerhYtayxxid">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zLWBuLSbDPbd">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zxOYAEAA070a">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zx1I5PxLCuH7">286,813 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zv7sQC2riCDj">48,124 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zDREIIMuQVu8">15,048, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z20r8WCNBjei">33,076 at February 28, 2025. February 6, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zWkpaWax2kt5">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zmhFhLrUCBaj" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zxr4a5EQNI1e" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zGtOF06LOfb1">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zcXMYlR8Rs4">288,342 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zFjdJg1ke9o3" title="Unamortized discount">48,294 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zDtdfQMrSiNl" title="Amortization of debt expense">15,095, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zw2srBJ4U0r1" title="Unamortized discount">33,195 at February 28, 2025. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS April 5, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zyGnKVs5STI9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zmxtpn28SE8" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zyggtTdFogh5" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zP1LZkXDAW93" title="Fair value">296,245. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zI7o6pI2GzN3" title="Debt discount">286,821 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zfiCo1Zr0Cv3">48,409 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zbsRjzRq4Nxg" title="Amortization of debt expense">15,132, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zcY40iid0wOg" title="Unamortized discount">33,277 at February 28, 2025. April 20, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zMWYAWCwl8Xl">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_znYoLFXoyRk3" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zUUIfZaLJzga" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zMNXROWuy76h" title="Fair value">302,219. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zp0D7oYjM8Zf" title="Debt discount">294,824 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zTYvgUNba4li" title="Unamortized discount">48,777 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zdGdYBDVActg" title="Amortization of debt expense">15,241, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zPYo7Kgha3T" title="Unamortized discount">33,536 at February 28, 2025. May 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zARvvFFWDPS7" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z8QljhUjUeo3">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z6Xslq2VaDV9">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z68POzk3S1ui" title="Fair value">348,983. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zquuKtOuCQV2">348,831 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zhgHGRkue9h9">49,978 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zKzrw8vabAmc" title="Amortization of debt expense">15,994, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z5phuyyaRobk" title="Unamortized discount">33,384 at February 28, 2025. October 27 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zG5DfuwadAe9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zH7qbVobWXze" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zD4Lnn3xuhQe" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_z8lb8XsHHOZf">261,759. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zhtJGQsHR0U4" title="Debt discount">254,487 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zIeKZTazkCti">48,611 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zHX6GBBlA4g3">15,193, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zvqVsBk5Xxe9">33,418 at February 28, 2025. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On November 30, 2023, the Company entered into an agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zhPLLLnWT475" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Loans payable">350,000 in exchange for thirteen future monthly payments of $36,750 commencing on April 30,2024 through to April 30, 2025 totaling $<span id="xdx_901_eus-gaap--ProceedsFromRepaymentsOfDebt_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zemctr5VWMu4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zqP9Qfdid6Ji" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after-acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zGFiRtzIZdJ5" title="Default rate">15% per annum calculated daily on any missed monthly payment. The Company has repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--RepaymentsOfDebt_c20240701__20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zJmFN5UY2Uwd" title="Repayment of debt">147,000 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zHdnscBQmsGa" title="Accrued interest">53,000 in accrued interest in July to account for the missed April through to August 2024 payments in agreement with the lender. The Company have missed the subsequent monthly payments. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--LenderMember_zGaZwWwnTAXk" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On March 8, 2024, the Company entered into another agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zmDKfwlf9Glf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Loans payable">350,000 in exchange for thirteen future monthly payments of $36,750 commencing on August 8, 2024 through to August 80, 2025 totaling $<span id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zyuZ4QraJbti" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zVZCHWrREd3l" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after- acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zjpe7l46M2H9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Default rate">15% per annum calculated daily on any missed monthly payment. The August 2024 through to May 2025 payments have not been made but will be resolved with the lender. No notices have been sent.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(23)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On August 8, 2024, a Series F preferred shareholder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240808__20240808__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zynXPD3pbHs7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities, shares">20 Series F the preferred shares for a $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20240808__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_z2NA80hkq0Da" title="Notes payable">400,000 note payable. On August 22, 2024 the lender exchanged $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20240822__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zpQGDIpY7rQ7" title="Outstanding payable">200,000 of note principal for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20240822__20240822__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zYmhhJn6zlz9">57,142,857 common shares. The common shares were issued in September 2024. On December 16, 2024 the lender exchanged the remaining $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentCarryingAmount_iI_c20241216__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zg5skF2717n" title="Outstanding payable">200,000 of note principal for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20241216__20241216__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zQzwbi7ZAK39" title="Number of common stock issued, shares">76,923,076 common shares. The note has been fully repaid.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Loans payable at February 28, 2025 consisted of the following: SCHEDULE OF LOANS PAYABLE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid">Date</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; text-align: center">Maturity</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; text-align: center">Description</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Principal</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center">Interest Rate</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 26%">July 18, 2016</td> <td style="width: 1%"> </td> <td style="width: 21%">July 18, 2017</td> <td style="width: 1%"> </td> <td style="width: 21%">Promissory note</td> <td style="width: 4%; text-align: left">(1)*</td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zXVRolp7J6He" style="width: 10%; text-align: right" title="Debt instrument, face amount">3,500</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableOneMember_fKDEpKCop_zMLei3q10W9e" style="width: 10%; text-align: right" title="Annual interest rate">22</td> <td style="width: 1%">%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 10, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(2)</td> <td> </td> <td> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_zfTtI6qCl3v9" style="text-align: right" title="Debt instrument, face amount">3,921,168</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_fKDIp_z9uHZN4DLQP8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>December 10, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(3)</td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zBVAlKvDcdIe" style="text-align: right" title="Debt instrument, face amount">2,754,338</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_fKDMp_zT80Z6qfCRS8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 10, 2020</td> <td> </td> <td>December 10, 2024</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(4)*</td> <td> </td> <td> </td> <td id="xdx_985_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zJdn2lEs0BYf" style="text-align: right" title="Debt instrument, face amount">165,605</td> <td> </td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_fKDQpKCop_zQvHtgv93njd" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>December 14, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(5)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_zP5FIziTikSl" style="text-align: right" title="Debt instrument, face amount">310,375</td> <td> </td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_fKDUp_ztpzyVkNqNkl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>December 30, 2020</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(6)</td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_zykQEqbhn7H1" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_fKDYp_z2Qjcu1ITV1h" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>January 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(7)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zVQK8PGzWAB3" style="text-align: right" title="Debt instrument, face amount">25,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_fKDcp_zRLoSkGpy6yl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>January 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(8)</td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_z2VwtigakBB5" style="text-align: right" title="Debt instrument, face amount">145,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_fKDgp_z9pW9DC1eSE7" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>January 14, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(9)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_zNoxKYbtcSc5" style="text-align: right" title="Debt instrument, face amount">388,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_fKDkp_z37a3SOK2Umc" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>February 22, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(10)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zq01yKayjRFd" style="text-align: right" title="Debt instrument, face amount">1,650,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_fKDEwKQ_____zzOjn7fyUrGf" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>March 1, 2021</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(11)</td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zpla8w3TegWc" style="text-align: right" title="Debt instrument, face amount">6,000,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_fKDExKQ_____zwXQWQD4qmG8" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>June 8, 2021</td> <td> </td> <td>June 8, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(12)</td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____z7288JZ2Vzbg" style="text-align: right" title="Debt instrument, face amount">2,750,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_fKDEyKQ_____zLAmUjXZLtL3" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>July 12, 2021</td> <td> </td> <td>July 26, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(13)</td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zdrJOZBgU4Q6" style="text-align: right" title="Debt instrument, face amount">3,740,360</td> <td> </td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_fKDEzKQ_____zrw8ON8mjnN9" style="text-align: right" title="Annual interest rate">7</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>September 14, 2021</td> <td> </td> <td>September 14, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(14)</td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zmckdoA8CPX4" style="text-align: right" title="Debt instrument, face amount">1,650,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_fKDE0KQ_____zSlebLrT9dxl" style="text-align: right" title="Annual interest rate">12</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>July 28, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(15)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____zPJ5jCkK8cf4" style="text-align: right" title="Debt instrument, face amount">170,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_fKDE1KQ_____zgD3VNz0b7Zi" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>August 30, 2022</td> <td> </td> <td>August 30,2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(16)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____z2oC8vDv3H67" style="text-align: right" title="Debt instrument, face amount">3,000,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_fKDE2KQ_____zk9sgRkU4Lj6" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>September 7, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(17)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zVoQOPhaba6c" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_fKDE3KQ_____zi18m6wFTx69" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>September 8, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(18)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zkey8RYQ2Hbj" style="text-align: right" title="Debt instrument, face amount">475,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_fKDE4KQ_____zo4dniLj80e9" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>October 13, 2022</td> <td> </td> <td>March 1, 2027</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(19)</td> <td> </td> <td> </td> <td id="xdx_984_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____z0qXQLTUK8d1" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_fKDE5KQ_____zMVYoy5AODAa" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>October 28, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zF53d4b0Y6Tg" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_fKDIwKQ_____zUA1u4BFABk2" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>November 9, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____zvrRmIPvH8n7" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_fKDIwKQ_____z6iscG8iAQV" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>November 10, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____z5EJU54U9BYj" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_fKDIwKQ_____zz6eGaF3tzR7" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>November 15, 2022</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_986_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____ziRyFl5151Wa" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_985_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_fKDIwKQ_____zGXHdpdu7JJd" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>January 11, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zowmvBV5mmY2" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_fKDIwKQ_____zrqdozEi30j7" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>February 6, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zdeM9iDOhqt7" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_989_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_fKDIwKQ_____zbtW3kwhoYz3" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>April 5. 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zEhyNA9wv735" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_fKDIwKQ_____zGhcoiNTI4I8" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>April 20, 23</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zDRnHIRyTK29" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_fKDIwKQ_____zttFZX9xFJE5" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>May 11, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_fKDIwKQ_____zdMa4eWUrGdf" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_983_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_fKDIwKQ_____zMYVTWA3vYPf" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>October 27, 2023</td> <td> </td> <td>October 31, 2026</td> <td> </td> <td>Promissory note</td> <td style="text-align: left">(20)</td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____ztq9BMq2Ytvk" style="text-align: right" title="Debt instrument, face amount">400,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_fKDIwKQ_____zZQJbg8VMmy5" style="text-align: right" title="Annual interest rate">15</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>November 30, 2023</td> <td> </td> <td>April 30, 2026</td> <td> </td> <td>Purchase Agreement</td> <td style="text-align: left">(21)</td> <td> </td> <td> </td> <td id="xdx_988_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zhMzSsWAWnQ2" style="text-align: right" title="Debt instrument, face amount">203,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_fKDIxKQ_____zBHZXM9nTjFd" style="text-align: right" title="Annual interest rate">35</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>March 8, 2024</td> <td> </td> <td>August 8, 2025</td> <td> </td> <td>Purchase Agreement</td> <td style="text-align: left">(22)</td> <td> </td> <td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____zM0FAGRx9pb5" style="text-align: right" title="Debt instrument, face amount">350,000</td> <td> </td> <td> </td> <td> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember_fKDIyKQ_____z2Jyqa3BFQFj" style="text-align: right" title="Annual interest rate">35</td> <td>%</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt">August 8, 2024</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt">August 8, 2025</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt">Exchange Agreement</td> <td style="padding-bottom: 1pt; text-align: left">(23)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember_fKDIzKQ_____zG3cNaW1asal" style="border-bottom: black 1pt solid; text-align: right" title="Debt instrument, face amount">-</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td id="xdx_98C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember_fKDIzKQ_____z9WYzQPEbV6g" style="padding-bottom: 1pt; text-align: right" title="Annual interest rate">12</td> <td style="padding-bottom: 1pt">%</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_987_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20250228_z5j3ImndLgag" style="border-bottom: black 2.25pt double; text-align: right" title="Debt instrument, face amount">32,801,346</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5">Less: current portion of loans payable</td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td id="xdx_980_ecustom--LongTermNotesPayableNonCurrent_iI_pp0p0_c20250228_z1zU0CNOBgDh" style="text-align: right" title="Less: current portion of loans payable">(519,105</td> <td>)</td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td colspan="5" style="padding-bottom: 1pt">Less: discount on non-current loans payable</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_98B_ecustom--DiscountOnLongTermNotesPayableNonCurrent_iI_pp0p0_c20250228_zdCfFUvvDnx7" style="border-bottom: black 1pt solid; text-align: right" title="Less: discount on non-current loans payable">(360,163</td> <td style="padding-bottom: 1pt">)</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: right"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5" style="padding-bottom: 2.5pt">Non-current loans payable, net of discount</td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_98C_eus-gaap--LongTermNotesPayable_iI_pp0p0_c20250228_ze0r3AAOM2t9" style="border-bottom: black 2.25pt double; text-align: right" title="Non-current loans payable, net of discount">31,922,078</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5">Current portion of loans payable</td> <td style="text-align: left"> </td> <td> </td> <td>$</td> <td id="xdx_985_eus-gaap--LongTermDebtCurrent_iI_pp0p0_c20250228_zYItOPTum5m7" style="text-align: right" title="Current portion of loans payable">519,105</td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td colspan="5" style="padding-bottom: 1pt">Less: discount on current portion of loans payable</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_984_ecustom--DiscountOnLongTermNotesPayableCurrent_iI_pp0p0_c20250228_zysLHY7MZi3" style="border-bottom: black 1pt solid; text-align: right" title="Less: discount on current portion of loans payable">-</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: right"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td colspan="5" style="padding-bottom: 2.5pt">Current portion of loans payable, net of discount</td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double">$</td> <td id="xdx_984_eus-gaap--NotesPayableCurrent_iI_pp0p0_c20250228_z79CCswSxmLc" style="border-bottom: black 2.25pt double; text-align: right" title="Current portion of loans payable, net of discount">519,105</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: right"> </td> <td style="padding-bottom: 2.5pt"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td><td id="xdx_F03_zXynqfgi8GE8" style="width: 0.25in; text-align: left">*</td><td style="text-align: justify">In default</td> </tr></table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed on the lender.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zHyd0Tjt54X7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">2,683,357 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zsmvFcuplf7i" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">1,237,811 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_z0EWnEcunlTc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">3,921,168 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zriZAoJ99HWi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">3,921,168, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zZSPyNrUG4Z1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">450,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_znPxBQkDnNa8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zmqO6GsCwZFl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">990,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember_zAsU97GO7Rbb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_901_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwoMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z3bFaJkS1shg" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zoOPMvNXDf1h" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">1,460,794 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zztXuMxi70x1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">1,593,544 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zZwWbp3AnpDa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">3,054,338 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zVREVAS8bd2g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion value">3,054,338, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zfdEPLh8Axw7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zoeGiRnrI7se" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">0.002 per share and a three-year maturity having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zDdBG6O3hwAb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">550,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20230301__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_z50hLPc5EHAk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayment of debt">300,000 has been repaid during the year ended February 29, 2024. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember_zKXduz5S51ik" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_909_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThreeMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zIzX4uAWRJa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zy27YyoN6mF3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">103,180 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zJ7GEu5KLyw4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">62,425 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z8hCLWxpF0hl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">165,605 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_z0zPaxzlvES8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">165,605, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zhT03WNgnbsi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">80,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zXYCM5Vky7of" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zhFynWItY4Dh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">176,000.The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $<span id="xdx_901_eus-gaap--InterestExpense_c20240229__20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourMember_zDaZ4nI678Mh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expense">22,958 was paid and charged to interest expense. The note is in default. No notices have been sent. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(5)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zxlqnjaxp0B2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">235,000 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_z01rv41wnMIl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">75,375 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zbPalirjUpOb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">310,375 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zDQR0XaXjay5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">310,375, and a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zrjfPpiqTgA4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purhase of warrants">25,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zhZ6vVAbHgvg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.002 per share and a three-year maturity having a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFiveMember_zSHsaOWgPA5l" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">182,500.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(6)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znauxFUeqkKc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">350,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z8UyJzO2xUD3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">35,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zP1GdXDKSZ13" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zEWx7epq2mxc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zZkIpWdXQJ86" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_znnofLhNEYBc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">271,250. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zjT9Iscnvxf7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">271,250 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zq1nitxqjRHl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">65,092 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zFe4jROEnSaf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">8,399 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_z4k2HcLeogdf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_903_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z5apIFsdQx6a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zhnXYndEu5Ge" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">8,261, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixMember_zvdWJ78zy9Vc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">138 at February 28, 2025. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(7)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zRxOdeklOuh4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">9,200 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zFeZigmjjDri" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">6,944 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_z9hHmNKvl8D4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">16,144 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zrxK0lXINlxa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">25,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember_zbwOfWwfjFa6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSevenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zz7yMzq1oYtg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(8)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This promissory note was issued as part of a debt settlement whereby $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ConvertibleNotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zoRb75iupFVl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Convertible notes payable">79,500 in convertible notes and associated accrued interest of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zhYDrtqwJJD1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Accrued interest">28,925 totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zyBoaFJO5kKd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities">108,425 was exchanged for this promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_z7zD8Em8t6eh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">145,000. This note is secured by a general security charging all of the Company’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember_zWcVeeUf0GYc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same. <span id="xdx_905_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEightMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zpRAXhSupgF5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(9)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal amount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zEwfmbVwtBV2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">550,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zZUJJ12CBVlk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">250,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_ze8VoOPobuX5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zto9WaiBHlHb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">0.025 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zZGvyLwcqYb8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z8KlUqotfagf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">380,174. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zGWoDDhwobSb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">380,174 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zDg5Kgf7lU93" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">80,284 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_z6rwVCdrZOy4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">10,559 unamortized discount remained. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20231128__20231128__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zmSPcIxyRgYc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same. <span id="xdx_90B_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zZIw01x53akb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zEMiQH4iljhe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">10,415, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zuKpgPkBFwUl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">144 at February 28, 2025. On February 11, 2025, the Company repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PaymentsForRepurchaseOfCommonStock_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zq1QaHsGowCc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayments of common stock">162,000 through the issuance of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250211__20250211__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineMember_zI9rX6b9V39e" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Issuance of common stock">60,000,000 common shares. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 24px">(10)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zYJcC4SPDsP1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zngrLNc6Rmjb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zEqNM5lcwVo4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">100,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zrYIqsph9mP6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z4LX4IvWWms6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z7KVTFM4k8i7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">1,342,857. The discount and warrant are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zZkp2Y5PTNth" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">1,342,857 with a corresponding adjustment to paid in capital for the relative fair value of the warrant. The maturity date was extended from February 22, 2022, to February 22, 2024, on February 28, 2022, in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zReK9xDNLCxk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">50,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zNfckLOkP4o5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zJYyaadN7Op3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3-year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zSgIXHXXwTp2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expenses">950,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. On November 28, 2023, the parties extended the maturity date from February 22, 2024, to March 1, 2025, with all other terms and conditions remaining the same. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zbBr6r7bvMFa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">497,614 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_zyzazTzPSD25" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">55,585 unamortized discount remained. On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z2uCaNxWLdtj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">54,885, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTenMember_z7JPPYmnLyl5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">700 at February 28, 2025. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(11)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The unsecured note may be pre-payable at any time. Cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--ProceedsFromIssuanceOfDebt_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zHeN38M2j5a5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Proceeds from issuance of debt">5,400,000 were received. The note balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zRyjWkKqaqZ2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,000,000 includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zxXOuRGMiqHl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">600,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zepRTFUYoeL4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">300,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zZysFcNsIAOj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.135 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zkL1oHYggMik" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zk0GvrpHalUa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">4,749,005 using Black-Scholes with assumptions described in note 13. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_z02H4h2PAgL7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">4,749,005 with a corresponding adjustment to paid in capital for the relative value of the warrant. The maturity was extended from March 1, 2022 to March 1, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zbvx4HgAEADg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">150,000,000 shares of common stock at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zd2DbUvJ8En7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Exercise price">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zoOYf8TaOKOg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants term">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember_zOMe168oq9F1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest expenses">2,850,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note has been fully amortized. This note was again extended to March 1, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableElevenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zNehJid6Wutj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(12)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ProceedsFromIssuanceOfDebt_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z53GyJDJudIj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,750,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zdhr665iAkEa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">50,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z6ESCVPyYrWf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">170,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zvYGzvTJ6wId" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.064 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zzd6qUIaeiW1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zclsT9v27ghb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,035,033. The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zOYHMCs7fHtc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,035,033 with a corresponding adjustment to paid in capital. The maturity date was extended from June 8, 2022 to June 8, 2024 on February 28, 2022 in exchange for warrants to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zYZy7yNROJPf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">85,000,000 at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zJXksr8S0afc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">.0164 and a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zPMHSnBeGpK1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3 year term. These warrants have a fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--InterestExpense_pp0p0_c20210301__20220228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zgMVPdko3m7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,615,000 recorded as interest expense with a corresponding adjustment to paid in capital recorded in the year ended February 28, 2022. This note was extended to June 8, 2025. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zEfCke3FOdR7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33,547 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z0KMvhiBK7Dh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,121 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_z8nupDHPjhTl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,157, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember_zXUmU3riiEd5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">964 at February 28, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwelveMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zCtNVJIgV89g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(13)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">This loan, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zu7YPmfCIiS" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">4,000,160, was in exchange for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember__srt--TitleOfIndividualAxis__srt--DirectorMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zDwZbuvXkVJ4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities, shares">184 Series F preferred shares from a former director. The interest and principal are payable at maturity. The loan is unsecured. For the year ended February 28, 2025, there were repayments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--RepaymentsOfNotesPayable_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirteenMember_zjlbYHP4TqG1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Repayment of notes">36,000.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(14)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The note, with an original principal balance of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zlKjGtwRgcUg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">1,650,000, may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zG6TP3M5reh4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">150,000 and was issued with a warrant to purchase <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zUyWG5BhO5dg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">250,000,000 shares at an exercise price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_pid_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zwUMoILMfB9a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.037 per share with a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--WarrantsAndRightsOutstandingTerm_iI_dtY_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zezavBBpWiq6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3-year term and having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zsLyF1IiYXck" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Fair value">1,284,783, The discounts are being amortized over the term of the loan. After allocating these charges to debt and equity according to their respective values, a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zZz8UFbYBmEj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">1,284,783 with a corresponding adjustment to paid in capital. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zLtxEhogkwU6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">572,549 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zqbKqMm20hT3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Unamortized discount">66,846 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_zZt7aINAzXf1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Amortization of debt expense">41,665, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_pp0p0_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFourteenMember_ziT49FAuvAHj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument, unamortized discount">25,181 at February 28, 2025. This note was extended to September 14, 2025. On April 16, 2025, the parties again extended the maturity date from September 14, 2025, to September 14, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(15)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zDMqpJV82gNd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">170,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zQxa3dNqL67g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">20,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember_zn9OFDU3JzWa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_902_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableFifteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zcd5Wt8CYKR6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(16)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">A warrant holder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightOutstanding_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zKR12EwLagl2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Warrants">955,000,000 warrants for a promissory note of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--NotesPayable_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z2iWRrCeygx7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Notes payable">3,000,000, bearing interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zhuFOYAE9Fj8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Interest rate">15% with a two year maturity. The fair value of the warrants was determined to be $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zFdAlHE5Bujg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,960,500 with a corresponding adjustment to paid-in capital and a debt discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_ecustom--DebtDiscount_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_z8HPV6UPHT97" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">39,500 which will be amortized over the term of the loan. Principal and interest due at maturity. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember_zLJeJQWTrwvd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt discount">11,535 was removed with a corresponding adjustment to accumulated deficit. This note has been fully amortized. This note was extended to August 30, 2025. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSixteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zyHtdVRcVBk6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(17)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zgjWjGGa7obh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">400,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zqDF2L3cudW5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember_zJh8mi51d7J3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_907_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableSeventeenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_ztb5ISQ0Qeti" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(18)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_z0nTCvA3xM26" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">475,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zCkJmuBCWTda" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">75,000. Principal and interest due at maturity. Secured by a general security charging all of RAD’s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember_zjyywNMlHrMb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_90E_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableEighteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zdwoJ4EF0Zpb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(19)</td> <td style="font: 10pt Times New Roman, Times, Serif">Original $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--PrepaidExpenseCurrentAndNoncurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zrHs9qIsGxOe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Prepaid expense">350,000 note may be pre-payable at any time. The note balance includes an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_z900B6pxtwFi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">50,000. Principal and interest due at maturity. Secured by a general security charging all of the Company’s s present and after-acquired property. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--DebtInstrumentMaturityDateDescription_c20231129__20231129__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember_zdASQS0L0BQ1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same. This note has been fully amortized. <span id="xdx_900_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableNineteenMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zEaSp88bh5D2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On October 28, 2022, the Company entered into an loan facility with a lender for up to $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember_zlMABcsUrfBg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,000,000 including an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zTRoKkQ94SY7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Original issue discount">500,000. In exchange the Company will issue one series F Preferred Share, extended <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--SharesIssued_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__srt--TitleOfIndividualAxis__custom--LenderMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_za2DBlaYRLLh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">329 series F warrants with a March 1, 2026 maturity to a new October 31, 2033 maturity, and issue up to 10 tranches with each tranche of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--NotesPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zyPJmZlHFjVf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">400,000, with cash proceeds of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ProceedsFromIssuanceOfDebt_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zYyYXiGiRsC" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Cash proceeds">350,000 an original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zTgpb3mhg7B3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Discount amount">50,000, October 31, 2026 maturity, and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFWarrantsMember__us-gaap--AwardTypeAxis__custom--OctoberThirtyOneTwentyThirtyThreeMember_z20riyBbbhNc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Purchase of warrants">61 Series F warrants with a October 31, 2033 maturity. Secured by a general security charging all of the Company’s present and after-acquired property. At February 29, 2024 the Company has issued all 10 tranches totaling $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20240229__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyMember_zEqQX3iTbyVe" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Discount amount">4,000,000 as follows:</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">October 28, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zPJBb5QiUbz6">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zBahWyRrSUcb" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z0m7RVr9f0Bj" title="Purchase of warrants">61 Series F Preferred Share warrants and <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20221026__20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredSharesMember_zIJESTvC4Ri3" title="Conversion of convertible securities, shares">1 Series F Preferred Share having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221028__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zoPqq13qI9R1" title="Fair value">299,399. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zbhVTSuU4Lta">286,775 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_z8UWUD0FsIVe" title="Unamortized discount">47,892 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zY4558Kv87fe" title="Amortization of debt expense">14,981, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyOneMember_zenoTsbVmNAa" title="Unamortized discount">32,911 at February 28, 2025.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(20)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">November 9, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zhwKabid19S8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z0PulnE5Kq1f">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z7pxMybElxnb">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_c20221109__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zRWt7vaI6wZ">299,750. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zmSh3vgRSlZj">288,513 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_z1cBwU7L5Q2j">48,126 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zkNbjorCAxZ4">15,050, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyTwoMember_zzCAie0Phgng">33,076 at February 28, 2025.</td></tr> </table> November 10, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zajTQ0kVa8Lg">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zzuSJoqBCnL2" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zASy76pfO8vh" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221110__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zBLbxPgGU9Yb" title="Fair value">302,020. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zK92QgbykAe8" title="Debt discount">291,694 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zBwxtM84KgKh" title="Unamortized discount">48,290 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zEPjGUsh8myb" title="Amortization of debt expense">15,098, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyThreeMember_zugkFyyG60ii" title="Unamortized discount">33,192 at February 28, 2025. November 15, 2022, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--LoansPayable_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zjzQmex4tFn9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zlLNFhNvOibg" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zYknqIr7QxVd" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20221115__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zmOpgd71MUW8" title="Fair value">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zH1BZfHfzsK6" title="Debt discount">287,814 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zbd1QPVSyiT3" title="Unamortized discount">47,976 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zfh6J1Bob195" title="Amortization of debt expense">15,005, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFourMember_zfgYMNPbtkt6" title="Unamortized discount">32,971 at February 28, 2025. January 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_ziMVuN4hqLQi" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zerhYtayxxid">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zLWBuLSbDPbd">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230111__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zxOYAEAA070a">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zx1I5PxLCuH7">286,813 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zv7sQC2riCDj">48,124 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_zDREIIMuQVu8">15,048, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyFiveMember_z20r8WCNBjei">33,076 at February 28, 2025. February 6, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--LoansPayable_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zWkpaWax2kt5">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zmhFhLrUCBaj" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zxr4a5EQNI1e" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230206__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zGtOF06LOfb1">299,959. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zcXMYlR8Rs4">288,342 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zFjdJg1ke9o3" title="Unamortized discount">48,294 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zDtdfQMrSiNl" title="Amortization of debt expense">15,095, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySixMember_zw2srBJ4U0r1" title="Unamortized discount">33,195 at February 28, 2025. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS April 5, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--LoansPayable_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zyGnKVs5STI9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zmxtpn28SE8" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zyggtTdFogh5" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230405__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zP1LZkXDAW93" title="Fair value">296,245. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zI7o6pI2GzN3" title="Debt discount">286,821 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zfiCo1Zr0Cv3">48,409 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zbsRjzRq4Nxg" title="Amortization of debt expense">15,132, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentySevenMember_zcY40iid0wOg" title="Unamortized discount">33,277 at February 28, 2025. April 20, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zMWYAWCwl8Xl">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_znYoLFXoyRk3" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zUUIfZaLJzga" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230420__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zMNXROWuy76h" title="Fair value">302,219. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zp0D7oYjM8Zf" title="Debt discount">294,824 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zTYvgUNba4li" title="Unamortized discount">48,777 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zdGdYBDVActg" title="Amortization of debt expense">15,241, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyEightMember_zPYo7Kgha3T" title="Unamortized discount">33,536 at February 28, 2025. May 11, 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--LoansPayable_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zARvvFFWDPS7" title="Loans payable">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z8QljhUjUeo3">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_z6Xslq2VaDV9">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20230511__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z68POzk3S1ui" title="Fair value">348,983. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zquuKtOuCQV2">348,831 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zhgHGRkue9h9">49,978 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_zKzrw8vabAmc" title="Amortization of debt expense">15,994, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableTwentyNineMember_z5phuyyaRobk" title="Unamortized discount">33,384 at February 28, 2025. October 27 2023, $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zG5DfuwadAe9">400,000 loan, original issue discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscount_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zH7qbVobWXze" title="Original issue discount">50,000, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredshareWarrantsMember_zD4Lnn3xuhQe" title="Purchase of warrants">61 Series F Preferred Share warrants having a relative fair value of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentFairValue_iI_pp0p0_c20231027__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_z8lb8XsHHOZf">261,759. On March 1, 2024, the unamortized relative fair value discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_ecustom--DebtDiscount_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zhtJGQsHR0U4" title="Debt discount">254,487 was removed with a corresponding adjustment to accumulated deficit. A $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20240301__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zIeKZTazkCti">48,611 unamortized discount remained. For the year ended February 28, 2025, the Company recorded amortization expense of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--AmortizationOfDebtDiscountPremium_c20240301__20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zHX6GBBlA4g3">15,193, with an unamortized discount of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountCurrent_iI_c20250228__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyMember_zvqVsBk5Xxe9">33,418 at February 28, 2025. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(21)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On November 30, 2023, the Company entered into an agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--LoansPayable_iI_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zhPLLLnWT475" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Loans payable">350,000 in exchange for thirteen future monthly payments of $36,750 commencing on April 30,2024 through to April 30, 2025 totaling $<span id="xdx_901_eus-gaap--ProceedsFromRepaymentsOfDebt_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zemctr5VWMu4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zqP9Qfdid6Ji" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after-acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_903_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20231130__20231130__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zGFiRtzIZdJ5" title="Default rate">15% per annum calculated daily on any missed monthly payment. The Company has repaid $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--RepaymentsOfDebt_c20240701__20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zJmFN5UY2Uwd" title="Repayment of debt">147,000 and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_c20240731__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__srt--TitleOfIndividualAxis__custom--LenderMember_zHdnscBQmsGa" title="Accrued interest">53,000 in accrued interest in July to account for the missed April through to August 2024 payments in agreement with the lender. The Company have missed the subsequent monthly payments. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--DebtInstrumentMaturityDateDescription_c20250416__20250416__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyOneMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--LenderMember_zGaZwWwnTAXk" title="Debt instrument maturity date description">On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">(22)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On March 8, 2024, the Company entered into another agreement where the lender will pay the Company $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_907_eus-gaap--LoansPayable_iI_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zmDKfwlf9Glf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Loans payable">350,000 in exchange for thirteen future monthly payments of $36,750 commencing on August 8, 2024 through to August 80, 2025 totaling $<span id="xdx_907_eus-gaap--ProceedsFromRepaymentsOfDebt_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zyuZ4QraJbti" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Total payments">477,750. The effective interest rate is <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zVZCHWrREd3l" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Annual interest rate">35% per annum. Secured by a general security charging all of RAD’s present and after- acquired property. Default rate of <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90A_eus-gaap--ShortTermDebtInterestRateIncrease_pid_dp_c20240308__20240308__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyTwoMember__srt--TitleOfIndividualAxis__custom--LenderMember_zjpe7l46M2H9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Default rate">15% per annum calculated daily on any missed monthly payment. The August 2024 through to May 2025 payments have not been made but will be resolved with the lender. No notices have been sent.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">(23)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On August 8, 2024, a Series F preferred shareholder exchanged <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240808__20240808__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zynXPD3pbHs7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Conversion of convertible securities, shares">20 Series F the preferred shares for a $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--NotesPayable_iI_c20240808__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_z2NA80hkq0Da" title="Notes payable">400,000 note payable. On August 22, 2024 the lender exchanged $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20240822__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zpQGDIpY7rQ7" title="Outstanding payable">200,000 of note principal for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20240822__20240822__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zYmhhJn6zlz9">57,142,857 common shares. The common shares were issued in September 2024. On December 16, 2024 the lender exchanged the remaining $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_906_eus-gaap--DebtInstrumentCarryingAmount_iI_c20241216__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zg5skF2717n" title="Outstanding payable">200,000 of note principal for <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNDSEVEVUxFIE9GIExPQU5TIFBBWUFCTEUgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_909_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20241216__20241216__us-gaap--DebtInstrumentAxis__custom--PromissoryNotePayableThirtyThreeMember__srt--TitleOfIndividualAxis__custom--LenderMember_zQzwbi7ZAK39" title="Number of common stock issued, shares">76,923,076 common shares. The note has been fully repaid.</td></tr> </table>

2016-07-18

2017-07-18

3500

0.22

2020-12-10

2027-03-01

3921168

0.12

2020-12-10

2027-03-01

2754338

0.12

2020-12-10

2024-12-10

165605

0.12

2020-12-14

2027-03-01

310375

0.12

2020-12-30

2027-03-01

350000

0.12

2021-01-01

2027-03-01

25000

0.12

2021-01-01

2027-03-01

145000

0.12

2021-01-14

2027-03-01

388000

0.12

2021-02-22

2027-03-01

1650000

0.12

2021-03-01

2027-03-01

6000000

0.12

2021-06-08

2027-06-08

2750000

0.12

2021-07-12

2026-07-26

3740360

0.07

2021-09-14

2027-09-14

1650000

0.12

2022-07-28

2027-03-01

170000

0.15

2022-08-30

2027-08-30

3000000

0.15

2022-09-07

2027-03-01

400000

0.15

2022-09-08

2027-03-01

475000

0.15

2022-10-13

2027-03-01

350000

0.15

2022-10-28

2026-10-31

400000

0.15

2022-11-09

2026-10-31

400000

0.15

2022-11-10

2026-10-31

400000

0.15

2022-11-15

2026-10-31

400000

0.15

2023-01-11

2026-10-31

400000

0.15

2023-02-06

2026-10-31

400000

0.15

2023-04-05

2026-10-31

400000

0.15

2023-04-20

2026-10-31

400000

0.15

2023-05-11

2026-10-31

400000

0.15

2023-10-27

2026-10-31

400000

0.15

2023-11-30

2026-04-30

203000

0.35

2024-03-08

2025-08-08

350000

0.35

2024-08-08

2025-08-08

0.12

32801346

-519105 -360163

31922078

519105

2683357

1237811

3921168

450000000

0.002

990000

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same

1460794

1593544

3054338

250000000

0.002

550000

300000

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

103180

62425

165605

80000000

0.002

176000

The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024

22958

235000

75375

310375

25000000

0.002

182500

350000

35000

50000000

0.025

P3Y

271250

271250 65092

8399

On November 28, 2023, the parties extended the maturity date from December 10, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

8261

138

9200

6944

16144

25000

On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

79500

28925

108425

145000

On November 28, 2023, the parties extended the maturity date from January 1, 2024, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

550000

250000

50000000

0.025

P3Y

380174

380174 80284

10559

On November 28, 2023, the parties extended the maturity date from January 14, 2024, to March 1, 2025, with all other terms and Conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

10415

144

162000

60000000

1650000

150000

100000000

0.135

P3Y

1342857

50000000

0.0164

P3Y

950000

497614

55585

54885

700

5400000

6000000

600000

300000000

0.135

P3Y

4749005

150000000

0.0164

P3Y

2850000

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

2750000

50000

170000000

0.064

P3Y

2035033

85000000

0.0164

P3Y

1615000

33547

4121

3157

964

On April 16, 2025, the parties again extended the maturity date from June 8, 2025, to June 8, 2027, with all other terms and conditions remaining the same.

4000160

184

36000

1650000

150000

250000000

0.037

P3Y

1284783

1284783 572549

66846

41665

25181

170000

20000

On November 29, 2023, the parties extended the maturity date from July 28, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

955000000

3000000

0.15

2960500

39500 11535

On April 16, 2025, the parties again extended the maturity date from August 30, 2025, to August 30, 2027, with all other terms and conditions remaining the same.

400000

50000

On November 29, 2023, the parties extended the maturity date from September 7, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

475000

75000

On November 29, 2023, the parties extended the maturity date from September 8, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

350000

50000

On November 29, 2023, the parties extended the maturity date from October 13, 2023, to March 1, 2025, with all other terms and conditions remaining the same.

On April 16, 2025, the parties again extended the maturity date from March 1, 2025, to March 1, 2027, with all other terms and conditions remaining the same.

4000000

500000

329

400000

350000

50000

4000000

400000

50000

299399

286775

47892

14981

32911

400000

50000

299750

288513

48126

15050

33076

400000

50000

302020

291694

48290

15098

33192

400000

50000

299959

287814

47976

15005

32971

400000

50000

299959

286813

48124

15048

33076

400000

50000

299959

288342

48294

15095

33195

400000

50000

296245

286821

48409

15132

33277

400000

50000

302219

294824

48777

15241

33536

400000

50000

348983

348831

49978

15994

33384

400000

50000

261759

254487

48611

15193

33418

350000

477750

0.35

0.15

147000

53000

On April 16, 2025, the parties again extended the maturity date from April 30, 2025, to April 30, 2026, with all other terms and conditions remaining the same.

350000

477750

0.35

0.15

400000

200000

57142857

200000

76923076

12. STOCKHOLDERS’ DEFICIT STOCKHOLDERS’ EQUITY (DEFICIT) Preferred Stock: The Company is authorized to issue up to 20,000,000 shares of $0.001 par value preferred stock. The board of directors is authorized to designate any series of preferred stock up to the total authorized number of shares. Series B Convertible, Redeemable Preferred Stock The board of directors has designated <span id="xdx_90A_eus-gaap--PreferredStockSharesAuthorized_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zoEHlpnX0ij7" title="Preferred stock, shares authorized">5,000 shares of Series B Convertible, Redeemable Preferred Stock with a par value of $<span id="xdx_907_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_pid_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zUIHDFoGabJc">0.001 per share. As of the date of this report, there are no shares of Series B Preferred Stock outstanding. The Series B Convertible Preferred Stock are redeemable at $<span id="xdx_901_eus-gaap--StockIssuedDuringPeriodValueConversionOfUnits_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_zBMa9CDHXKu2" title="Stock issued during period value conversion of units">1,200 per share, rank in priority to common stock and common stock equivalents upon liquidation of the Company, have voting rights on a converted basis and receives quarterly dividends of <span id="xdx_902_ecustom--CumulativeDividendPayablePercentage_iI_dp_uPure_c20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zz0fBxpVAiBi" title="Cumulative dividend payable percentage">8%. Each holder may, at any time and from time to time convert all, but not less than all, of their shares of Series B Convertible, Redeemable Preferred Stock into a number of fully paid and nonassessable shares of common stock determined by dividing the redemption value by the Conversion Price. <span id="xdx_900_eus-gaap--PreferredStockConversionBasis_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zkQYPWgbph8h" title="Conversion preferred stock, description">The Conversion price is equal to the lower of (1) a fixed price equaling the closing bid price of the Common Stock on the trading day immediately preceding the date of the acquisition of the shares and (2) the lowest traded price of the Common Stock during the ten (10) calendar days immediately preceding, but not including, the Conversion Date. Following an event of default,” as defined in the Purchase Agreement, the Conversion price shall equal the lower of: (a) the then applicable Conversion Price; or (b) a price per share equaling eighty five percent (85%) of the lowest traded price for the Company’s common stock during the fifteen (15) Trading Days immediately preceding, but not including, the Conversion Date. <span id="xdx_90B_eus-gaap--PreferredStockDividendPaymentRateVariable_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zxK0whJjBGX6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each share of Preferred Stock shall be entitled to receive, and the Corporation shall pay, cumulative dividends of eight percent (8%) per annum, payable quarterly, beginning on the Original Issuance Date and ending on the date that such share of Preferred Share has been converted or redeemed. Dividends may be paid in cash or in shares of Preferred Stock at the discretion of the Company. Any dividends that are not paid a shall continue to accrue and shall entail a late fee, which must be paid in cash, at the rate of 14% per annum or the lesser rate permitted by applicable law which shall accrue and compound daily from the dividend payment date through and including the date of actual payment in full. On the thirtieth day following the issue date of this Preferred Stock the Company shall have the obligation to redeem one-third of the Preferred Stock outstanding for a redemption price equal to the redemption value of each such share of Preferred Stock, plus any accrued but unpaid dividends, plus all other amounts due to the Holder including, but not limited to Late Fees, liquidated damages and the legal fees and expenses of the Holder’s counsel. On the sixtieth (60th) calendar day following the date Preferred Stock is issued, the Corporation shall have the obligation to redeem one-half of the Preferred Stock then outstanding for the redemption price. On the ninetieth (90th) calendar day following the date Preferred Stock is issued, the Corporation shall have the obligation to redeem all of the Preferred Stock then outstanding for the redemption price. From the date of issuance until the date no shares of Series B Preferred Stock are issued and outstanding, unless Holders of at least 75% in Stated Value of the then outstanding shares of Preferred Stock shall have otherwise given prior written consent, the Corporation shall not, and shall not permit any of the Subsidiaries to, directly or indirectly: (a) other than Permitted Indebtedness, enter into, create, incur, assume, guarantee or suffer to exist any indebtedness for borrowed money of any kind, including but not limited to, a guarantee, on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom; (b) other than Permitted Liens, enter into, create, incur, assume or suffer to exist any Liens of any kind, on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom; (c) amend its charter documents, including, without limitation, its articles of incorporation and bylaws, in any manner that materially and adversely affects any rights of the Holder; (d) repay, repurchase or offer to repay, repurchase or otherwise acquire of any shares of its Common Stock, Common Stock Equivalents or Junior Securities, other than as to the Conversion Shares as permitted or required under the Transaction Documents: (e) pay cash dividends or distributions on Junior Securities of the Corporation; f) enter into any transaction with any Affiliate of the Corporation which would be required to be disclosed in any public filing with the Commission, unless such transaction is made on an arm’s-length basis and expressly approved by a majority of the disinterested directors of the Corporation (even if less than a quorum otherwise required for board approval); or(g) enter into any agreement with respect to any of the foregoing. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Series C Convertible, Redeemable Preferred Stock The board of directors has designated <span id="xdx_905_eus-gaap--PreferredStockSharesAuthorized_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z3H9qUpwqFO3" title="Preferred stock, shares authorized">1,000 shares of Series C Convertible, Redeemable Preferred Stock with a par value of $<span id="xdx_902_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_pid_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zzYFVk5ic5Rj">0.001 per share. As of the date of this report, there are <span id="xdx_90F_eus-gaap--PreferredStockSharesOutstanding_iI_c20240229__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zFbcfqWd5Hi5" title="Preferred stock, shares outstanding">306 shares of Series C Preferred Stock outstanding. The Series C Convertible Preferred Stock are redeemable at $<span id="xdx_901_eus-gaap--StockIssuedDuringPeriodValueConversionOfUnits_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_zvqoPYFqEZdl" title="Stock issued during period value conversion of units">1,200 per share, rank in priority to common stock and common stock equivalents upon liquidation of the Company, have voting rights on a converted basis and receives quarterly dividends of 12%. Each holder may, after 180 days after issuance, at any time and from time to time convert all, but not less than all, of their shares of Series C Convertible, Redeemable Preferred Stock into a number of fully paid and nonassessable shares of common stock determined by dividing the redemption value by the Conversion Price. <span id="xdx_901_eus-gaap--PreferredStockConversionBasis_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zbFydb8G759a" title="Conversion preferred stock, description">The Conversion price is equal to the lower of (1) a fixed price equaling the closing bid price of the Common Stock on the trading day immediately preceding the date of the acquisition of the shares and (2) the lowest traded price of the Common Stock during the ten (10) calendar days immediately preceding, but not including, the Conversion Date. Following an event of default,” as defined in the Purchase Agreement, the Conversion price shall equal the lower of: (a) the then applicable Conversion Price; or (b) a price per share equaling eighty five percent (90%) of the lowest traded price for the Company’s common stock during the fifteen (10) Trading Days immediately preceding, but not including, the Conversion Date. <span id="xdx_903_eus-gaap--PreferredStockDividendPaymentRateVariable_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zl2yvebwEz0l" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Preferred stock dividend, description">Each share of Preferred Stock shall be entitled to receive, and the Corporation shall pay, cumulative dividends of twelve percent (12%) per annum, payable quarterly, beginning on the Original Issuance Date and ending on the date that such share of Preferred Share has been converted or redeemed. Dividends may be paid in cash or in shares of Preferred Stock at the discretion of the Company. Any dividends that are not paid a shall continue to accrue and shall entail a late fee, which must be paid in cash, at the rate of 14% per annum or the lesser rate permitted by applicable law which shall accrue and compound daily from the dividend payment date through and including the date of actual payment in full. <span id="xdx_905_eus-gaap--PreferredStockRedemptionTerms_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zIHJnCKeT33e" style="font-family: Times New Roman, Times, Serif; font-size: 10pt" title="Preferred stock redemption, description">On the one hundred eightieth day following the issue date of this Preferred Stock the Company shall have the obligation to redeem all outstanding Series Preferred Shares for one hundred nine and one half percent (109.5%) of the stated value, plus any accrued but unpaid dividends, plus all other amounts due to the Holder pursuant to the Certificate of Designation and/or any Transaction Documents (“Redemption Date”). Prior to the Redemption Date, the Company at its discretion and on three (3) Trading Days’ written notice, may redeem all outstanding Preferred Shares for one hundred nine and one half percent (109.5%) of the stated value, plus any accrued but unpaid dividends, plus all other amounts due to the Holder pursuant to the Certificate of Designation and/or any Transaction Documents. From the date of issuance until the date no shares of Series C Preferred Stock are issued and outstanding, unless Holders of at least 75% in Stated Value of the then outstanding shares of Preferred Stock shall have otherwise given prior written consent, the Corporation shall not, and shall not permit any of the Subsidiaries to, directly or indirectly: (a) other than Permitted Indebtedness, enter into, create, incur, assume, guarantee or suffer to exist any indebtedness for borrowed money of any kind, including but not limited to, a guarantee, on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom; (b) other than Permitted Liens, enter into, create, incur, assume or suffer to exist any Liens of any kind, on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom; (c) amend its charter documents, including, without limitation, its articles of incorporation and bylaws, in any manner that materially and adversely affects any rights of the Holder; (d) repay, repurchase or offer to repay, repurchase or otherwise acquire of any shares of its Common Stock, Common Stock Equivalents or Junior Securities, other than as to the Conversion Shares as permitted or required under the Transaction Documents: (e) pay cash dividends or distributions on Junior Securities of the Corporation; f) enter into any transaction with any Affiliate of the Corporation which would be required to be disclosed in any public filing with the Commission, unless such transaction is made on an arm’s-length basis and expressly approved by a majority of the disinterested directors of the Corporation (even if less than a quorum otherwise required for board approval); or(g) enter into any agreement with respect to any of the foregoing. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Series E Preferred Stock The board of directors has designated <span id="xdx_90F_eus-gaap--PreferredStockSharesAuthorized_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_za9raCfUWT1l">4,350,000 shares of Series E Preferred Stock. As of the date of this report, there are <span id="xdx_900_eus-gaap--PreferredStockSharesOutstanding_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesEPreferredStockMember_zDWrYzSmiFb2" title="Preferred stock, shares outstanding">3,350,000 shares of Series E Preferred Stock outstanding. The Series E Preferred Stock ranks subordinate to the Company’s common stock as to distributions of assets upon liquidation, dissolution or winding up of the Corporation. The Series E preferred stock is non-redeemable, does not have rights upon liquidation of the Company and does not receive dividends. The outstanding shares of Series E Preferred Stock have the right to take action by written consent or vote based on the number of votes equal to twice the number of votes of all outstanding shares of equity instruments with voting rights. As a result, the holder of Series E Preferred Stock has 2/3rds of the voting power of all shareholders at any time corporate action requires a vote of shareholders. Series F Convertible Preferred Stock The board of directors has designated <span id="xdx_904_eus-gaap--PreferredStockSharesAuthorized_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFConvertiblePreferredStockMember_z8p8Dt4bdZek" title="Preferred stock, shares authorized">10,000 shares of Series F Convertible Preferred Stock with a par value of $<span id="xdx_905_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_pid_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFConvertiblePreferredStockMember_zlthpIW3Zk89" title="Preferred stock, par value">1.00 per share. As of the date of this report, there are <span id="xdx_907_eus-gaap--PreferredStockSharesOutstanding_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesFConvertiblePreferredStockMember_zqwfn0U5AE97" title="Preferred stock, shares outstanding">2,513 shares of Series F Convertible Preferred Stock outstanding. The Series F Convertible Preferred Stock is non-redeemable, does not have rights upon liquidation of the Company, does not have voting rights and does not receive dividends. Each holder may, at any time and from time to time convert all, but not less than all, of their shares of Series F Convertible Preferred Stock into a number of fully paid and nonassessable shares of common stock determined by multiplying the number of issued and outstanding shares of common stock of the Company on the date of conversion by three and 45 100ths (3.45) on a pro rata basis. So long as any shares of Series F Convertible Preferred Stock are outstanding, the Company shall not, without first obtaining the approval of the majority of the holders: (a) alter or change the rights, preferences or privileges of any capital stock of the Company so as to affect adversely the Series F convertible preferred stock; (b) create any Senior Securities; (c) create any pari passu Securities; (d) do any act or thing not authorized or contemplated by the Certificate of Designation which would result in any taxation with respect to the Series F Convertible Preferred Stock under Section 305 of the Internal Revenue Code of 1986, as amended, or any comparable provision of the Internal Revenue Code as hereafter from time to time amended, (or otherwise suffer to exist any such taxation as a result thereof). Series G Preferred Stock The board of directors has designated <span id="xdx_907_eus-gaap--PreferredStockSharesAuthorized_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zPbVFPvuQtKe" title="Preferred stock, shares authorized">100,000 shares of Series G Preferred Stock. As of the date of this report, there are <span id="xdx_90B_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zswgSZcKRo4k" title="Preferred stock, shares outstanding">no shares of Series G Preferred Stock outstanding. The series G shares are redeemable at $<span id="xdx_90C_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesGPreferredStockMember_zmQQBcVHSvUj" title="Preferred stock, par value">1,000 per share. The Series G preferred stock does not have voting rights, does not have rights upon liquidation of the Company and does not receive dividends. Summary of Preferred Stock Activity Series B Convertible, Redeemable Preferred Stock (Temporary Equity) On April 27, 2024, in connection with a Share Purchase Agreement the Company created a new class of Series B Convertible Redeemable Preferred Shares with <span id="xdx_906_eus-gaap--PreferredStockSharesAuthorized_iI_c20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zpETThHab5wc" title="Preferred stock, shares authorized">5,000 authorized shares. In exchange for <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zHV36o0SUw59">300 Series B Convertible Redeemable Preferred Shares, the Company received gross proceeds of $<span id="xdx_90F_eus-gaap--ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zUfKD99yG6W4">300,000 with net proceeds of $<span id="xdx_90F_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zDrpKo1eSk67">278,000 after paying $10,000 in legal fees and <span id="xdx_907_ecustom--BrokerFees_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zAl1DGVCZO03">12,000 in broker fees both charged against paid in capital. In addition, as a commitment fee the Company issued an additional <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_ztLwn3iDRrJf">20 Series B Convertible Redeemable Preferred Shares, with a fair value of $<span id="xdx_909_eus-gaap--AdjustmentsToAdditionalPaidInCapitalMarkToMarket_c20240427__20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zAueAmj25aRd">24,000 charged to paid in capital. The shares have a redemption value of $<span id="xdx_905_eus-gaap--PreferredStockRedemptionPricePerShare_iI_c20240427__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zr8gdsvt9PS7">1,200 per share. The Company had to redeem one third of these shares in 30, days and each 30 days thereafter until all the shares are redeemed at 90 days. The Company had to also pay an <span id="xdx_90A_eus-gaap--PreferredStockDividendRatePercentage_pid_dp_uPure_c20240427__20240427__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zcMhHKO5ZG1b" title="Preferred stock dividend rate percentage">8% dividend from issue date to redemption date. On May 30, June 28 and July 28, 2024 the Company then issued total dividends of <span id="xdx_90F_eus-gaap--DividendsPayableAmountPerShare_iI_c20240728__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_z0mwsdzbcVD1" title="Preferred stock dividend">4.32 shares of Series B Convertible Redeemable Preferred Shares having a value of $5,188 and, fully redeemed the outstanding 324 Series B shares for $389,189 including deemed dividends of $89,189 which represents the redemption value over the purchase cost of the shares. At February 28, 2025 there were <span id="xdx_90D_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesBConvertibleRedeemablePreferredStockMember_zepbyOktPZge" title="Temporary shares outstanding">0 shares outstanding. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Series C Convertible, Redeemable Preferred Stock (Temporary Equity) On February 10, 2025, in connection with a Share Purchase Agreement the Company created a new class of Series C Convertible Redeemable with <span id="xdx_90C_eus-gaap--PreferredStockSharesAuthorized_iI_c20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zHnaEKqqo0bc" title="Preferred stock, shares authorized">1,000 authorized shares. In exchange for <span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zMm4IBIP3Cr1" title="Issuance of preferred shares, shares">306 Series C Convertible Redeemable Preferred Shares, the Company received gross proceeds of $<span id="xdx_90A_eus-gaap--ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_z54E4QJ9G4Fc">306,000 with net proceeds of $<span id="xdx_901_eus-gaap--SaleOfStockConsiderationReceivedOnTransaction_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zOAZ5ZAykGA7" title="Net proceeds">278,580 after paying $6,000 in legal fees and $<span id="xdx_902_ecustom--BrokerFees_c20250210__20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zU9cj3dHuKqf" title="Broker fees">21,420 in broker fees both charged against paid in capital. The Company must redeem the shares at stated capital of <span id="xdx_909_eus-gaap--PreferredStockRedemptionPricePerShare_iI_c20250210__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zWct5T4CQ4x5" title="Preferred stock redemption price per share">1,200 per share and a 1.09 premium at 180 days after issuance. The Company recorded the <span id="xdx_90F_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zXCvgLQCv4Jf" title="Temporary equity, shares outstanding">306 outstanding shares at its redemption value of $<span id="xdx_904_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__custom--SeriesCConvertibleRedeemablePreferredStockMember_zz8pigkDE19a" title="Preferred stock redemption value">402,084 at February 28, 2025, with the offsetting adjustment to paid in capital. Series F Convertible Preferred Stock Each holder of Series F Convertible Preferred Shares may, at any time and from time to time convert all, but not less than all, of their shares into a number of fully paid and nonassessable shares of common stock determined by multiplying the number of issued and outstanding shares of common stock of the Company on the date of conversion by three and 45 100ths (3.45) on a pro rata basis. On April 30, 2024 the Company increased authorized shares to <span id="xdx_908_eus-gaap--PreferredStockSharesAuthorized_iI_c20240430__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zZ2nvHB9SKEk">10,000 Series F Preferred Shares. Series F Preferred Stock Activity: During the year ended February 28, 2025 Series F shareholders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td> <td style="font: 10pt Times New Roman, Times, Serif">A Series F preferred shareholder exchanged <span id="xdx_90E_ecustom--StockIssuedDuringPeriodSharesSeriesFPreferredSharesExchangedForDebt_iN_di_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zh9n5wUdHnJk" title="Series F preferred shares exchanged for debt, shares">20 Series F preferred shares for a $400,000 note payable. (see Note 11). The Company record an adjustment to the par value of the shares of $<span id="xdx_907_ecustom--StockIssuedDuringPeriodValueSeriesFPreferredSharesExchangedForDebt_iN_di_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember_zwMJDGOYqlI9" title="Series F preferred shares exchanged for debt">20, paid -in capital for the carrying value of the shares of $<span id="xdx_90F_ecustom--StockIssuedDuringPeriodValueSeriesFPreferredSharesExchangedForDebt_iN_di_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--AdditionalPaidInCapitalMember_zu7jDkmmcYUc">65,793 with the remaining amount of $<span id="xdx_901_ecustom--StockIssuedDuringPeriodValueSeriesFPreferredSharesExchangedForDebt_iN_di_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--RetainedEarningsMember_zhevor2tHYcb" title="Series F preferred shares exchanged for debt">334,187 a deemed dividend. </td></tr> </table> During the year ended February 29, 2024 Series F shareholders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">A total of <span id="xdx_90D_eus-gaap--PreferredStockSharesIssued_iI_c20240229__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesFPreferredStockMember__srt--TitleOfIndividualAxis__custom--LenderMember__us-gaap--StatementEquityComponentsAxis__us-gaap--WarrantMember_z24nP3KL7v3c" title="Preferred stock, shares issued">244 Series F Preferred Stock Warrants issued along with debt to a lender.</td></tr> </table> Unissued Series F Preferred Stock At both February 28, 2025 and February 29, 2024 there remains <span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220301__20230228__us-gaap--StatementClassOfStockAxis__custom--UnissuedSeriesFPreferredStockMember_z4hMUznGuJC9" title="Number of stock issuable, shares"><span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230301__20240229__us-gaap--StatementClassOfStockAxis__custom--UnissuedSeriesFPreferredStockMember_zjKIlo56poN3" title="Number of stock issuable, shares">46 issuable Series F preferred stock at a value of $<span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20220301__20230228__us-gaap--StatementClassOfStockAxis__custom--UnissuedSeriesFPreferredStockMember_zthVy4EaWeud" title="Number of stock issuable"><span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20230301__20240229__us-gaap--StatementClassOfStockAxis__custom--UnissuedSeriesFPreferredStockMember_zD35CsaDIg7" title="Number of stock issuable">99,086. Summary of Preferred Stock Warrant Activity SUMMARY OF PREFERRED STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Series F Preferred Warrants</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2024</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_984_eus-gaap--ClassOfWarrantOrRightOutstanding_iS_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zJwF7U7SR7p6" style="width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iS_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_z1od51KkdkP4" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">9.5</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zeOUhOGhRRw3" style="text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ClassOfWarrantOrRightOfWarrantOrRightsIssued1_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zwhaWVbl1Fj" style="text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExerciseInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zXcb8uATX0G6" style="text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsIssued1_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziU8m90nI0V6" style="text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zBgxabQITGsc" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsExercised_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zIHCTKspD0le" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98A_eus-gaap--ClassOfWarrantOrRightOutstanding_iE_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zYES1wqaGDZc" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iE_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zlfIn4WiAAX1" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">8.5</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Summary of Common Stock Activity The Company increased authorized common shares from 5,000,000,000 to 6,000,000,000 on July 8, 2022, from 6,000,000,000 to 7,225,000,000 on March 19, 2023 from 7,225,000,000 to 10,000,000,000 on August 30, 2023, from 10,000,000,000 to 12,500,000,000 on March 22, 2024., from 12,500,000,000 to 15,000,000,000 on October 4, 2024 and from 15,000,000,000 to 20,000,000,000 on February 21, 2025. Summary of Common Stock Activity During the year ended, February 28, 2025, common shareholders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the Company issued 4,979,636,877 common shares with gross proceeds of $<span id="xdx_90E_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zFuGjM8nim5i" title="Proceeds from issuance of common stock">13,697,245 and net proceeds of $13,120,679 after paid issuance costs of $576,565. Included in the net proceeds are $418,669 in share proceeds receivable received after year end. Included in these common shares was a commitment fee of $125,000 on the issuance of 43,859,650 shares bringing total fees to $701,565. </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the Company issued <span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_c20240301__20250228__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zRJccKsYmjgk" title="Issuance of preferred shares, shares">194,065,933 common shares to repay $562,000 loans payable from two different lenders. </td></tr> </table> During the year ended, February 29, 2024, common shareholders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the Company issued 3,383,509,359 common shares with gross proceeds of $<span id="xdx_903_ecustom--NetProceedsFromIssuanceOfCommonStock_c20230301__20240229__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z7QkJNaiXiEc" title="Net proceeds from issuance of common stock">11,282,955 and net proceeds of $10,825,895 after issuance costs of $457,060.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the Company issued <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesIssuedForServices_c20230301__20240229__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zUBn6MiUHgj4" title="Shares issued for services, shares">6,500,000 common shares for services with a fair value of $44,460. </td></tr> </table> Summary of Warrant and Stock Option Activity SUMMARY OF WARRANT AND STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Warrants</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at February 29, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20230301__20240229_z2GeuYNdUNL2" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">314,217,451</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20230301__20240229_zwVgInuqTkU5" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding">0.114</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">1.95</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20230301__20240229_zOHfRcWDdPi" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAdjustedWeightedAverageExercisePrice_c20230301__20240229_fKDEp_zCtINLrLRkpi" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_iN_di_c20230301__20240229_zq2am6eUJLwa" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_iN_di_c20230301__20240229_zXAuElzct6z9" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_iN_di_c20230301__20240229_zEvvuKqJ0Itl" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited and cancelled">(13,621,790</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice_iN_di_c20230301__20240229_zhCgV59hsMKe" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">(0.01</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Outstanding at February 29, 2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20240301__20250228_zOMC0nmTyhg9" style="text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">300,595,661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20240301__20250228_zjdfknxxJUjj" style="text-align: right" title="Weighted Average Exercise Price, Outstanding">0.003</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1.00</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20240301__20250228_z7hIHj2n1ZJ7" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAdjustedWeightedAverageExercisePrice_c20240301__20250228_fKDEp_zc21iYp6g7Lc" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_iN_di_c20240301__20250228_z7aWkUqtmcy9" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_iN_di_c20240301__20250228_z0MzbrPqkypk" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_iN_di_c20240301__20250228_zN5NDxrpRYw1" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited and cancelled">(253,324,212</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice_iN_di_c20240301__20250228_zzNLfcGWudyc" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">(0.003</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iE_c20240301__20250228_zcfDk5y9yTu6" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">47,271,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iE_c20240301__20250228_zLdIBwr6QOMa" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding">0.003</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2.44</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> During the year ended February 28, 2025 warrant holders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">During the year warrants to acquire 253,324,212 shares expired. </td></tr> </table> During the year ended February 29, 2024 warrant holders had the following activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On January 27, 2024 warrants to acquire <span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_c20240126__20240127__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember__us-gaap--TypeOfArrangementAxis__custom--PurchaseAgreementMember__srt--TitleOfIndividualAxis__us-gaap--InvestorMember_zCLkgxcWqlKb" title="Shares expired">13,621,790 shares expired. </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the years ended February 28, 2025 and February 29, 2024, the Company recorded a total of $0 and $0, respectively on stock-based payments for warrants with a corresponding adjustment to additional paid-in capital. For the years ended February 28, 2025 and February 29, 2024 the Company recorded a total of $<span id="xdx_901_eus-gaap--AllocatedShareBasedCompensationExpense_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_ztLQkjdDqGTg" title="Payment for stock based compensation warrants">331,685 and $<span id="xdx_90E_eus-gaap--AllocatedShareBasedCompensationExpense_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zbWYygqFVDTd" title="Payment for stock based compensation warrants">272,559 respectively, to stock-based compensation for options and shares with a corresponding adjustment to additional paid-in capital. In addition the Company recorded other stock based compensation of $0 and ($479,000), respectively with a corresponding adjustment to incentive compensation plan payable, payable in Series G Preferred shares which have not yet been issued. Summary of Common Stock Option Activity Summary of CEO Compensation Grant On April 9, 2021 the Company entered into a renewable Employment Agreement with Chief Executive Officer, Steven Reinharz with a three- year term under the following terms whereby stock awards will be granted if certain conditions are met: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1in">Objective #3:</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.1in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Sales in any fiscal quarter exceed the total sales in fiscal year 2021 for the first time.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #3:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Five hundred (500) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #4:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">One hundred fifty (150) devices are deployed in the marketplace.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #4:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Two hundred fifty (250) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #5:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Year-to-date sales at any point in fiscal year 2022 exceed One Million Dollars ($1,000,000).</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #5:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Two hundred fifty (250) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #6:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The price per share of common stock has increased to and maintains a price of Ten Cents ($0.10) or more for ten (10) days in a thirty (30) day period.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #6:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Two hundred fifty (250) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #7:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The price per share of common stock has increased to and maintains a price of Twenty Cents ($0.20) or more for ten (10) days in a thirty (30) day period.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #7:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Five hundred (500) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #8:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">The RAD 3.0 products are launched into the marketplace by November 30, 2021.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #8:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Five hundred (500) shares of Series G preferred stock.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Objective #9:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">RAD receives an order for fifty (50) units from a single customer.</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #9:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Five hundred (500) shares of Series G preferred stock.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS On January 31, 2024 the Company added the following Objective effective March 1, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 1in">Objective # 10</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.1in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">In any fiscal quarter, attrition, measured by loss of recurring monthly revenue does not exceed 10%</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">Award #10</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Two hundred fifty (250) shares of Series G preferred stock.</td></tr> </table> The fair value of the first two awards was obtained through the use of the Monte Carlo method was $69,350 with a charge to stock- based compensation and a corresponding charge to paid in capital. The fair value of the remaining rewards was determined by calculating the vesting amounts of each reward and then determining for each reporting period the requisite service rendered and applying that against the cash redemption value of the number of shares of Series G issuable for each tier in the agreement. For the period ended February 28, 2025 that amount totaled $0. For the period ended February 29, 2024 that amount totaled $1,521,000 with a charge to stock-based compensation and a corresponding charge to incentive compensation plan payable. For the period ended February 28, 2023 that amount totaled $499,500 with a charge to stock-based compensation and a corresponding charge to incentive compensation plan payable. On April 14, 2021, the Shareholders of Series E Preferred Stock and the Board of Directors of our Company (“Board”) approved and adopted the 2021 Incentive Stock Plan (the “2021 Plan”). On August 11, 2022 the Company amended the 2021 Plan increasing the maximum number of shares applicable to the 2021 Plan from 5,000,000 to 100,000,000. On August 14, 2023 the Company further amended the plan increasing the maximum shares to 200,000,000. The purpose of the 2021 Plan is to promote the success of the Company by authorizing incentive awards to retain Directors, executives, selected Employees and Consultants, and reward participants for making major contributions to the success of the Company. The 2021 Plan authorizes the granting of stock options, restricted stock, restricted stock units, stock appreciation rights and stock awards. A total of two hundred million (200,000,000) shares of common stock may be issued under the 2021 Plan. All awards under the 2021 Plan, whether vested or unvested, are subject to the terms of any recoupment, clawback or similar policy of the Company in effect from time to time, as well as any similar provisions of applicable law, which could in certain circumstances require repayment or forfeiture of awards or any shares of stock or other cash or property received with respect to the awards, including any value received from a disposition of the shares acquired upon payment of the awards. The 2021 Plan will be administered by the Board or any Committee authorized by the Board, if applicable, which will have the sole authority to, among other things: construe and interpret the 2021 Plan; make rules and regulations relating to the administration of the 2021 Plan; select participants; and establish the terms and conditions of awards, all in accordance with the terms of the 2021 Plan. The 2021 Plan will remain in effect until April 14, 2031, unless sooner terminated by the Board. Termination will not affect awards then outstanding. During the year ended February 28, 2025 the Company had the following common stock option activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On the original 2021 plan, options to purchase <span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_c20240301__20250228__us-gaap--AwardTypeAxis__custom--TwentyTwentyOnePlanMember__us-gaap--FinancialInstrumentAxis__us-gaap--OptionMember_zlJssEeikWkj" title="Share based compensaction">2,475,000 shares were forfeited due to employee terminations. On the 2023 plan (see below) <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_c20240301__20250228__us-gaap--FinancialInstrumentAxis__us-gaap--OptionMember__us-gaap--AwardTypeAxis__custom--TwentyTwentyThreePlanMember_zq4ceA6Pqqne" title="Share based compensaction">3,963,404 options to purchase shares were forfeited due to employee terminations.</td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS During the year ended February 29, 2024 the Company had the following common stock option activity: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On September 1, 2023, the Company as an addition to the afore-mentioned Incentive Stock Option Plan issued <span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230901__20230901__us-gaap--AwardTypeAxis__custom--IncentivesCompensationPlanMember_zRHsVJZDt9H2" title="Stock option granted">114,217,035 shares to 48 employees. The shares were issued with an exercise price of $<span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20230901__20230901__us-gaap--AwardTypeAxis__custom--IncentivesCompensationPlanMember_zC0sXDIGacDk" title="Stock option granted, exercise price">0.02, vest after 4 years with a 5 year term having a fair value of $<span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_c20230901__20230901__us-gaap--AwardTypeAxis__custom--IncentivesCompensationPlanMember_z7a6bmpULnah" title="Fair value stock option amount">593,929 using the Black-Scholes model with assumptions described below:</td></tr> </table> SCHEDULE OF COMMON STOCK OPTION ACTIVITY ASSUMPTIONS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%; margin-left: 0.5in"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%">Strike price</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">0.02</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fair value of Company’s common stock</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.0052</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Dividend yield</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zNLp2TVbvJHj" title="Dividend yield">0.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Expected volatility</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zEiPPlx0ose6" title="Expected volatility">320.5</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Risk free interest rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_ze9y5Qz7VL92" title="Risk free interest rate">4.29</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Expected term (years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_906_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zfqnSViJv0D5" title="Expected term (years)">4.50</td><td style="text-align: left"> </td></tr> </table> The Company recorded $74,241 in stock-based compensation on the 2023 plan which represents the current expense over the vesting period. In addition the company recorded $198,357 stock based compensation on the 2022 options, so for the year ended February 29, 2024 the Company recorded a total of $272,599 in stock based compensation with a corresponding increase in paid up capital. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify">—</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">On the original 2021 plan, options to purchase <span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensation_c20230301__20240229__us-gaap--AwardTypeAxis__custom--TwentyTwentyOnePlanMember_zLy7dxuLtgsl" title="Stock option employee plan forfeiture">21,275,000 shares were forfeited due to employee terminations</td></tr> </table> Summary of Common Stock Option Activity <p id="xdx_89D_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_zdeKhg5EYt61" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; display: none; text-align: justify"> SUMMARY OF COMMON STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zTFpdmay8Pu7" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">95,725,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zdkHUfxMkB" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding Beginning Balance">0.02</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220301__20230228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z6MLkFKFUoQ1">4.75</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zUshZOhRcuz4" style="text-align: right" title="Number of Warrants, Issued">114,217,035</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zq3XzxYkNIRl" style="text-align: right" title="Weighted Average Exercise Price, Issued">0.02</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_900_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantWeightedAverageRemainingContractualTerm1_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zzOrgc1CNcZ2">4.75</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zN0asOA9c07c" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zZoVHsLXoNH1" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zJDvtsMVrHQ8" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited, extinguished and cancelled">(21,275,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxraAtGgI6i3" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(<span id="xdx_901_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedExtinguishedAndCancelledWeightedAverageRemainingContractualTerm1_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zNt5F4KW5Dmj">4.00</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 29, 2024</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z5Wx3MJ4zX7g" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Ending Balance">188,667,035</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zlcAVGQ1hZT3" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding Ending Balance">0.02</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_908_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zRIlYuQzyGh">4.10</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2024</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zgyvlr3uK1Oi" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">188,667,035</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z2fQVBMLl8Lh" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding Beginning Balance">0.02</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zjndzOQ5UP1k">4.10</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z9vPJFBRQf81" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zL4phP7F4EZc" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zOg3AAagLa41" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zHqiDU25AG0i" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zMDlI1ZW9oBl" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited, extinguished and cancelled">(6,438,934</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zKiMsAqNy5gd" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(<span id="xdx_903_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedExtinguishedAndCancelledWeightedAverageRemainingContractualTerm1_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zyTAXuOw7LN6">3.50</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxHhSE0BOgAa" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Ending Balance">182,228,131</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zagVWdhfKBr2" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding Ending Balance">0.02</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxLqyq3ZbdUh">3.10</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

20000000

0.001

5000

0.001

1200

0.08

The Conversion price is equal to the lower of (1) a fixed price equaling the closing bid price of the Common Stock on the trading day immediately preceding the date of the acquisition of the shares and (2) the lowest traded price of the Common Stock during the ten (10) calendar days immediately preceding, but not including, the Conversion Date. Following an event of default,” as defined in the Purchase Agreement, the Conversion price shall equal the lower of: (a) the then applicable Conversion Price; or (b) a price per share equaling eighty five percent (85%) of the lowest traded price for the Company’s common stock during the fifteen (15) Trading Days immediately preceding, but not including, the Conversion Date.

Each share of Preferred Stock shall be entitled to receive, and the Corporation shall pay, cumulative dividends of eight percent (8%) per annum, payable quarterly, beginning on the Original Issuance Date and ending on the date that such share of Preferred Share has been converted or redeemed. Dividends may be paid in cash or in shares of Preferred Stock at the discretion of the Company. Any dividends that are not paid a shall continue to accrue and shall entail a late fee, which must be paid in cash, at the rate of 14% per annum or the lesser rate permitted by applicable law which shall accrue and compound daily from the dividend payment date through and including the date of actual payment in full.

1000

0.001

306

1200

0.12

The Conversion price is equal to the lower of (1) a fixed price equaling the closing bid price of the Common Stock on the trading day immediately preceding the date of the acquisition of the shares and (2) the lowest traded price of the Common Stock during the ten (10) calendar days immediately preceding, but not including, the Conversion Date. Following an event of default,” as defined in the Purchase Agreement, the Conversion price shall equal the lower of: (a) the then applicable Conversion Price; or (b) a price per share equaling eighty five percent (90%) of the lowest traded price for the Company’s common stock during the fifteen (10) Trading Days immediately preceding, but not including, the Conversion Date.

Each share of Preferred Stock shall be entitled to receive, and the Corporation shall pay, cumulative dividends of twelve percent (12%) per annum, payable quarterly, beginning on the Original Issuance Date and ending on the date that such share of Preferred Share has been converted or redeemed. Dividends may be paid in cash or in shares of Preferred Stock at the discretion of the Company. Any dividends that are not paid a shall continue to accrue and shall entail a late fee, which must be paid in cash, at the rate of 14% per annum or the lesser rate permitted by applicable law which shall accrue and compound daily from the dividend payment date through and including the date of actual payment in full.

On the one hundred eightieth day following the issue date of this Preferred Stock the Company shall have the obligation to redeem all outstanding Series Preferred Shares for one hundred nine and one half percent (109.5%) of the stated value, plus any accrued but unpaid dividends, plus all other amounts due to the Holder pursuant to the Certificate of Designation and/or any Transaction Documents (“Redemption Date”). Prior to the Redemption Date, the Company at its discretion and on three (3) Trading Days’ written notice, may redeem all outstanding Preferred Shares for one hundred nine and one half percent (109.5%) of the stated value, plus any accrued but unpaid dividends, plus all other amounts due to the Holder pursuant to the Certificate of Designation and/or any Transaction Documents.

4350000

3350000

10000

1.00

2513

100000

1000

5000

300

300000

278000

10000

12000

24000

1200

0.08

4.32

5188

324

389189

89189

1000

306

306000

278580

6000

21420

1200

306

402084

10000

-20 -400000 -20 -65793 -334187

244

99086

Summary of Preferred Stock Warrant Activity SUMMARY OF PREFERRED STOCK WARRANT ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Series F Preferred Warrants</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2024</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_984_eus-gaap--ClassOfWarrantOrRightOutstanding_iS_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zJwF7U7SR7p6" style="width: 16%; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iS_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_z1od51KkdkP4" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">9.5</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zeOUhOGhRRw3" style="text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ClassOfWarrantOrRightOfWarrantOrRightsIssued1_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zwhaWVbl1Fj" style="text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExerciseInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zXcb8uATX0G6" style="text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsIssued1_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_ziU8m90nI0V6" style="text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zBgxabQITGsc" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--ClassOfWarrantOrRightExercisePriceOfWarrantOrRightsExercised_pid_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zIHCTKspD0le" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98A_eus-gaap--ClassOfWarrantOrRightOutstanding_iE_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zYES1wqaGDZc" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Series F Preferred Warrants, Outstanding Beginning balance">939</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iE_c20240301__20250228__us-gaap--StatementClassOfStockAxis__custom--SeriesFPreferredWarrantsMember_zlfIn4WiAAX1" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Oustanding Beginng balance">1.00</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">8.5</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

939

1.00

P9Y6M

939

1.00

P8Y6M

5000000000

6000000000

7225000000

10000000000

12500000000

15000000000

20000000000

4979636877

13697245

13120679

576565

418669 125000 43859650

701565

194065933

562000

3383509359

11282955

10825895

457060

6500000

44460

Summary of Warrant and Stock Option Activity SUMMARY OF WARRANT AND STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Warrants</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at February 29, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20230301__20240229_z2GeuYNdUNL2" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">314,217,451</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20230301__20240229_zwVgInuqTkU5" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding">0.114</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">1.95</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20230301__20240229_zOHfRcWDdPi" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAdjustedWeightedAverageExercisePrice_c20230301__20240229_fKDEp_zCtINLrLRkpi" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_iN_di_c20230301__20240229_zq2am6eUJLwa" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_iN_di_c20230301__20240229_zXAuElzct6z9" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_iN_di_c20230301__20240229_zEvvuKqJ0Itl" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited and cancelled">(13,621,790</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice_iN_di_c20230301__20240229_zhCgV59hsMKe" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">(0.01</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Outstanding at February 29, 2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iS_c20240301__20250228_zOMC0nmTyhg9" style="text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">300,595,661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iS_c20240301__20250228_zjdfknxxJUjj" style="text-align: right" title="Weighted Average Exercise Price, Outstanding">0.003</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1.00</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_c20240301__20250228_z7hIHj2n1ZJ7" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAdjustedWeightedAverageExercisePrice_c20240301__20250228_fKDEp_zc21iYp6g7Lc" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised_iN_di_c20240301__20250228_z7aWkUqtmcy9" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice_iN_di_c20240301__20250228_z0MzbrPqkypk" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures_iN_di_c20240301__20250228_zN5NDxrpRYw1" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited and cancelled">(253,324,212</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice_iN_di_c20240301__20250228_zzNLfcGWudyc" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited and cancelled">(0.003</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_iE_c20240301__20250228_zcfDk5y9yTu6" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">47,271,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice_iE_c20240301__20250228_zLdIBwr6QOMa" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding">0.003</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2.44</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

314217451

0.114 P1Y11M12D

13621790

0.01

300595661

0.003 P1Y

253324212

0.003

47271449

0.003 P2Y5M8D

253324212

13621790

331685

272559

-479000

69350

1521000

499500

the Company amended the 2021 Plan increasing the maximum number of shares applicable to the 2021 Plan from 5,000,000 to 100,000,000. On August 14, 2023 the Company further amended the plan increasing the maximum shares to 200,000,000.

200000000

2475000

3963404

the Company as an addition to the afore-mentioned Incentive Stock Option Plan issued 114,217,035 shares to 48 employees. The shares were issued with an exercise price of $0.02, vest after 4 years with a 5 year term having a fair value of $593,929

114217035

0.02

593929

SCHEDULE OF COMMON STOCK OPTION ACTIVITY ASSUMPTIONS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%; margin-left: 0.5in"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%">Strike price</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">0.02</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fair value of Company’s common stock</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.0052</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Dividend yield</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zNLp2TVbvJHj" title="Dividend yield">0.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Expected volatility</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zEiPPlx0ose6" title="Expected volatility">320.5</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Risk free interest rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_ze9y5Qz7VL92" title="Risk free interest rate">4.29</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Expected term (years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_906_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zfqnSViJv0D5" title="Expected term (years)">4.50</td><td style="text-align: left"> </td></tr> </table>

0.02

0.0052

0.0000

3.205

0.0429

P4Y6M

74241

198357

272599

21275000

<p id="xdx_89D_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_zdeKhg5EYt61" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; display: none; text-align: justify"> SUMMARY OF COMMON STOCK OPTION ACTIVITY <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zTFpdmay8Pu7" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">95,725,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zdkHUfxMkB" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding Beginning Balance">0.02</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220301__20230228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z6MLkFKFUoQ1">4.75</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zUshZOhRcuz4" style="text-align: right" title="Number of Warrants, Issued">114,217,035</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zq3XzxYkNIRl" style="text-align: right" title="Weighted Average Exercise Price, Issued">0.02</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_900_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantWeightedAverageRemainingContractualTerm1_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zzOrgc1CNcZ2">4.75</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zN0asOA9c07c" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zZoVHsLXoNH1" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zJDvtsMVrHQ8" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited, extinguished and cancelled">(21,275,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxraAtGgI6i3" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(<span id="xdx_901_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedExtinguishedAndCancelledWeightedAverageRemainingContractualTerm1_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zNt5F4KW5Dmj">4.00</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 29, 2024</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z5Wx3MJ4zX7g" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Ending Balance">188,667,035</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zlcAVGQ1hZT3" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding Ending Balance">0.02</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_908_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zRIlYuQzyGh">4.10</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Options</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Years</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Outstanding at March 1, 2024</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zgyvlr3uK1Oi" style="width: 16%; text-align: right" title="Number of Warrants, Outstanding, Beginning Balance">188,667,035</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z2fQVBMLl8Lh" style="width: 16%; text-align: right" title="Weighted Average Exercise Price, Outstanding Beginning Balance">0.02</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230301__20240229__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zjndzOQ5UP1k">4.10</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Issued</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_z9vPJFBRQf81" style="text-align: right" title="Number of Warrants, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zL4phP7F4EZc" style="text-align: right" title="Weighted Average Exercise Price, Issued">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zOg3AAagLa41" style="text-align: right" title="Number of Warrants, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zHqiDU25AG0i" style="text-align: right" title="Weighted Average Exercise Price, Exercised">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Forfeited, extinguished and cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_iN_di_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zMDlI1ZW9oBl" style="border-bottom: Black 1pt solid; text-align: right" title="Number of Warrants, Forfeited, extinguished and cancelled">(6,438,934</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zKiMsAqNy5gd" style="border-bottom: Black 1pt solid; text-align: right" title="Weighted Average Exercise Price, Forfeited, extinguished and cancelled">0.02</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(<span id="xdx_903_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedExtinguishedAndCancelledWeightedAverageRemainingContractualTerm1_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zyTAXuOw7LN6">3.50</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at February 28, 2025</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxHhSE0BOgAa" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of Warrants, Outstanding, Ending Balance">182,228,131</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zagVWdhfKBr2" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted Average Exercise Price, Outstanding Ending Balance">0.02</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20240301__20250228__us-gaap--AwardTypeAxis__us-gaap--EmployeeStockOptionMember_zxLqyq3ZbdUh">3.10</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

95725000

0.02

P4Y9M

114217035

0.02

P4Y9M

21275000

0.02

P4Y

188667035

0.02

P4Y1M6D

188667035

0.02

P4Y1M6D

6438934

0.02

P3Y6M

182228131

0.02

P3Y1M6D

13. COMMITMENTS AND CONTINGENCIES Litigation Occasionally, the Company may be involved in claims and legal proceedings arising from the ordinary course of its business. The Company records a provision for a liability when it believes that is both probable that a liability has been incurred, and the amount can be reasonably estimated. If these estimates and assumptions change or prove to be incorrect, it could have a material impact on the Company’s condensed consolidated financial statements. Contingencies are inherently unpredictable, and the assessments of the value can involve a series of complex judgments about future events and can rely heavily on estimates and assumptions. The related legal costs are expensed as incurred. On September 24, 2024, a prospective lender filed a claim against the Company for an alleged breach of a non-binding term sheet made on June 7, 2024. This claim is an example of predatory lending practices for which the Company has filed a notice of dismissal in the relevant jurisdiction. The Company and its counsel believe the claim is without merit. However, the courts have mandated mediation, and it appears that the parties may reach a settlement in the near future. The Company has made no accruals. Operating Lease On March 10, 2021, the Company entered into a 10 year lease agreement for q manufacturing facility at 10800 Galaxie Avenue, Ferndale, Michigan, 48220, commencing on May 1, 2021 through to April 30, 2031 with a minimum base rent of $<span id="xdx_905_eus-gaap--PaymentsForRent_c20210309__20210310__srt--StatementGeographicalAxis__custom--FerndaleMichiganMember__us-gaap--TypeOfArrangementAxis__custom--TenYearsLeaseAgreementMember_zEt2L6Qefql" title="Minimum base rent">15,880 per month. The base rent increase by 3% per annum commencing May 1, 2024. The Company paid a security deposit of $<span id="xdx_902_eus-gaap--SecurityDeposit_iI_c20210310__srt--StatementGeographicalAxis__custom--FerndaleMichiganMember__us-gaap--TypeOfArrangementAxis__custom--TenYearsLeaseAgreementMember_zPVwwLciQ926" title="Security deposit">15,880. On September 30, 2021, the Company entered into a 3-year lease agreement for a vehicle commencing September 30, 2021 through to September 30, 2024 with a minimum base rent of $1,538 per month. The Company paid a down payment of $18,462. On February 5, 2024, the Company entered into a 3-year lease agreement for a vehicle commencing February 5, 2024 through to February 5, 2027 with a minimum base rent of $1,223 per month. The Company paid a down payment of $9,357. The Company’s leases are accounted for as operating leases. Rent expense and operating lease cost are recorded over the lease terms on a straight-line basis. Rent expense and operating lease cost was $240,731 and $260,406 for the years ended February 28, 2025 and February 29, 2024, respectively. SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Maturity of Lease Liabilities</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250228_zFY12u1EWeU2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Operating Leases</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzWTn_zslWUxHb2dG" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%">February 28, 2026</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">225,348</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPzWTn_zlJD8KixtGSk" style="vertical-align: bottom; background-color: White"> <td>February 28, 2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">223,866</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPzWTn_zvIcG5qIUsh4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>February 29, 2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_maLOLLPzWTn_zUItuhWfepI6" style="vertical-align: bottom; background-color: White"> <td>February 28, 2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFive_iI_maLOLLPzWTn_z1Bq7tufJZ0d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>February 28, 2030</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_maLOLLPzWTn_ztvp7LCDbvcj" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">February 28, 2031 and after</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">242,151</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzWTn_z3jTmnyEFSof" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total lease payments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,314,039</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zTWdlKvnvR72" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(306,177</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseLiability_iI_zaxmt2IpVyLg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Present value of lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

15880

On September 30, 2021, the Company entered into a 3-year lease agreement for a vehicle commencing September 30, 2021 through to September 30, 2024 with a minimum base rent of $1,538 per month. The Company paid a down payment of $18,462.

1538

18462

1223

9357

240731

260406

SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Maturity of Lease Liabilities</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20250228_zFY12u1EWeU2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Operating Leases</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_maLOLLPzWTn_zslWUxHb2dG" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%">February 28, 2026</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">225,348</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_maLOLLPzWTn_zlJD8KixtGSk" style="vertical-align: bottom; background-color: White"> <td>February 28, 2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">223,866</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_maLOLLPzWTn_zvIcG5qIUsh4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>February 29, 2028</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_maLOLLPzWTn_zUItuhWfepI6" style="vertical-align: bottom; background-color: White"> <td>February 28, 2029</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFive_iI_maLOLLPzWTn_z1Bq7tufJZ0d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>February 28, 2030</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">207,558</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_maLOLLPzWTn_ztvp7LCDbvcj" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">February 28, 2031 and after</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">242,151</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_mtLOLLPzWTn_z3jTmnyEFSof" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total lease payments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,314,039</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_di_zTWdlKvnvR72" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(306,177</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseLiability_iI_zaxmt2IpVyLg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Present value of lease liabilities</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,007,862</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

225348

223866

207558

242151

1314039

306177

1007862

14. LOSS PER SHARE EARNINGS (LOSS) PER SHARE The net loss per common share amounts were determined as follows: SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20240301__20250228_zCTQijFFGkua" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49C_20230301__20240229_zXOydhMJ6MC7" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Year Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--NetIncomeLoss_zqFs32juvWa5" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Net loss available to common shareholders</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(18,935,592</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(20,708,716</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Effect of common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--PreferredStockRedemptionDividendToSeriesFAndSeriesBPreferredShareholders_zloEIoaTjbT2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less redemption dividend to Series F and Series B preferred shareholders</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(423,476</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_iT_zdQoYcKYW3i4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net loss adjusted for common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(19,358,968</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(20,708,716</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_zU5GUvBq9YB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average shares - basic</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,647,673,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,080,914,317</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pid_zMgGuadVaNTh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Net loss per share – basic</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_zjCuS6kjyrT7" style="vertical-align: bottom; background-color: White"> <td>Weighted average shares – diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,647,673,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,080,914,317</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--EarningsPerShareDiluted_pid_znQfTzBsb12b" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net loss per share – diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p id="xdx_89E_eus-gaap--ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_z0VGhuLvElh9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The anti-dilutive shares of common stock equivalents for the years ended February 28, 2025 and February 29, 2024 were as follows: SCHEDULE OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20240301__20250228_znziw3etzh92" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20230301__20240229_z031mpjjJNK" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Year Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleNotesAndAccruedInterestMember_z2KNOHIh1rt7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Class F Preferred Shares</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">49,722,965,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">31,873,690,805</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zeq2MrtP2gca" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Stock options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">229,499,580</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">489,262,696</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_z8RqF6l1IA4h" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">49,952,465,080</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">32,362,953,501</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

The net loss per common share amounts were determined as follows: SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20240301__20250228_zCTQijFFGkua" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49C_20230301__20240229_zXOydhMJ6MC7" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Year Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--NetIncomeLoss_zqFs32juvWa5" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Net loss available to common shareholders</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(18,935,592</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(20,708,716</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Effect of common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--PreferredStockRedemptionDividendToSeriesFAndSeriesBPreferredShareholders_zloEIoaTjbT2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less redemption dividend to Series F and Series B preferred shareholders</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(423,476</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_iT_zdQoYcKYW3i4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net loss adjusted for common stock equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(19,358,968</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(20,708,716</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pid_zU5GUvBq9YB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average shares - basic</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,647,673,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,080,914,317</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pid_zMgGuadVaNTh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Net loss per share – basic</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pid_zjCuS6kjyrT7" style="vertical-align: bottom; background-color: White"> <td>Weighted average shares – diluted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,647,673,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,080,914,317</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: right"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--EarningsPerShareDiluted_pid_znQfTzBsb12b" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net loss per share – diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.00</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>

-18935592

-20708716

-423476

-19358968

-20708716

11647673315

7080914317

-0.00

11647673315

7080914317

-0.00

<p id="xdx_89E_eus-gaap--ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock_z0VGhuLvElh9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The anti-dilutive shares of common stock equivalents for the years ended February 28, 2025 and February 29, 2024 were as follows: SCHEDULE OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20240301__20250228_znziw3etzh92" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20230301__20240229_z031mpjjJNK" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">For the Year Ended</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 28,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">February 29,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__custom--ConvertibleNotesAndAccruedInterestMember_z2KNOHIh1rt7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Convertible Class F Preferred Shares</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">49,722,965,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">31,873,690,805</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_hus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zeq2MrtP2gca" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Stock options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">229,499,580</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">489,262,696</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_z8RqF6l1IA4h" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">49,952,465,080</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">32,362,953,501</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

49722965500

31873690805

229499580

489262696

49952465080

32362953501

15. INCOME TAXES The Company has adopted ASC 740-10, “Income Taxes”, which requires the use of the liability method in the computation of income tax expense and the current and deferred income taxes payable (deferred tax liability) or benefit (deferred tax asset). Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. The income tax expense (benefit) consisted of the following for the fiscal years ended February 28, 2025 and ended February 29, 2024: SCHEDULE OF INCOME TAX EXPENSES (BENEFIT) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_494_20240301__20250228_zVUCwrX8vTGi" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_49E_20230301__20240229_zuMLQIce997" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_40D_eus-gaap--CurrentIncomeTaxExpenseBenefit_maITEBzxjF_zxY4elXlGYR8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Total current</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DeferredIncomeTaxExpenseBenefit_maITEBzxjF_zRXiPqjFfvgd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total deferred</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxExpenseBenefit_iT_maITEBzxjF_ztSo6J4CAgfk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The following is a reconciliation of the expected statutory federal income tax provision to the actual income tax benefit for the fiscal years ended February 28, 2025 and February 29, 2024: SCHEDULE OF EXPECTED STATUTORY FEDERAL INCOME TAX PROVISION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240301__20250228_zZE8hjtMASA7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzEKF_zbD7YgSVFDRb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Federal statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,000,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzEKF_zNfuaixyu7qk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State income tax benefit, net of federal benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(900,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--IncomeTaxReconciliationNondeductibleExpenseInterest_maITEBzEKF_z4xnZKoTLSo5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Non deductible interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">500,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_maITEBzEKF_zDerTq72chJ6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Non deductible stock based compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">322,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzEKF_zdLCSYsP7eka" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,078,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEKF_zpr6Xst5iFoe" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20230301__20240229_zEmZLw1NMNnj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzEKF_zE6aUiKYTk2k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Federal statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,349,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzEKF_zUT9QSM7VwFk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State income tax benefit, net of federal benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(994,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--IncomeTaxReconciliationNondeductibleExpenseInterest_maITEBzEKF_zTBKmbhBWfn1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Non deductible interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">501,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_maITEBzEKF_z8IERygV9Rx4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Non deductible stock based compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">377,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzEKF_zqEPBuS3fkBg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,465,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEKF_zkFqcf8R36Ii" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the years ended February 28, 2025 and February 29, 2024, the expected tax benefit, temporary timing differences and long-term timing differences are calculated at the 21% statutory rate. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Significant components of the Company’s deferred tax assets and liabilities were as follows for the fiscal years February 28, 2025 and February 29, 2024: SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250228_zksC6RMdQTha" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20240229_zcPRbFQjyadf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_maDTALNzYxD_zz6uwyASRTb4" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: justify">Net operating loss carryforwards</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">20,000,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">17,116,115</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Deferred tax liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxLiabilitiesOther_iI_maDTLzvrD_zr6p2oSNopW8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Depreciation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--DeferredTaxLiabilitiesDeferredRevenue_iI_maDTLzvrD_zHmAktFb1LR1" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Deferred revenue</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DeferredTaxLiabilities_iTI_mtDTLzvrD_msDTALNzYxD_zNLoOUzNqQ01" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Total deferred tax liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_msDTALNzYxD_zAfl1ZlBLOd2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(20,000,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(17,116,115</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iTI_mtDTALNzYxD_zAYUd6cE0vv4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Net deferred tax assets (liabilities)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company has incurred losses since inception, therefore, the Company has no federal tax liability. Additionally there are limitations imposed by certain transactions which are deemed to be ownership changes which occurred in the Company on August 28, 2017. The net deferred tax asset generated by the loss carryforward has been fully reserved. The cumulative net operating loss carryforward was approximately $76,973,800 at February 28, 2025 and $61,973,800 at February 29, 2024, that is available for carryforward for federal income tax purposes and begin to expire in 2030. Although the Company has tax loss carry-forwards, there is uncertainty as to utilization prior to their expiration. Accordingly, the future income tax asset amounts have been fully reserved by a valuation allowance. The Company has maintained a full valuation allowance against its deferred tax assets at February 28, 2025 and February 29, 2024. A valuation allowance is required to be recorded when it is more likely than not that some portion or all of the net deferred tax assets will not be realized. Since the Company cannot be assured of realizing the net deferred tax asset, a full valuation allowance has been provided. The Company does not have any uncertain tax positions at February 28, 2025 and February 29, 2024 that would affect its effective tax rate. The Company does not anticipate a significant change in the amount of unrecognized tax benefits over the next twelve months. Because the Company is in a loss carryforward position, the Company is generally subject to US federal and state income tax examinations by tax authorities for all years for which a loss carryforward is available. If and when applicable, the Company will recognize interest and penalties as part of income tax expense. The Company’s tax returns for the years ended February 29, 2024, and February 28, 2023, and February 28, 2022 are open for examination under Federal statute of limitations. ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

The income tax expense (benefit) consisted of the following for the fiscal years ended February 28, 2025 and ended February 29, 2024: SCHEDULE OF INCOME TAX EXPENSES (BENEFIT) <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center; padding-bottom: 1pt"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_494_20240301__20250228_zVUCwrX8vTGi" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"> </td><td id="xdx_49E_20230301__20240229_zuMLQIce997" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: center"> </td></tr> <tr id="xdx_40D_eus-gaap--CurrentIncomeTaxExpenseBenefit_maITEBzxjF_zxY4elXlGYR8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Total current</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DeferredIncomeTaxExpenseBenefit_maITEBzxjF_zRXiPqjFfvgd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total deferred</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxExpenseBenefit_iT_maITEBzxjF_ztSo6J4CAgfk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

The following is a reconciliation of the expected statutory federal income tax provision to the actual income tax benefit for the fiscal years ended February 28, 2025 and February 29, 2024: SCHEDULE OF EXPECTED STATUTORY FEDERAL INCOME TAX PROVISION <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20240301__20250228_zZE8hjtMASA7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzEKF_zbD7YgSVFDRb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Federal statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,000,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzEKF_zNfuaixyu7qk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State income tax benefit, net of federal benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(900,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--IncomeTaxReconciliationNondeductibleExpenseInterest_maITEBzEKF_z4xnZKoTLSo5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Non deductible interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">500,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_maITEBzEKF_zDerTq72chJ6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Non deductible stock based compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">322,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzEKF_zdLCSYsP7eka" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,078,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEKF_zpr6Xst5iFoe" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20230301__20240229_zEmZLw1NMNnj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzEKF_zE6aUiKYTk2k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Federal statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">(4,349,000</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzEKF_zUT9QSM7VwFk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State income tax benefit, net of federal benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(994,000</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--IncomeTaxReconciliationNondeductibleExpenseInterest_maITEBzEKF_zTBKmbhBWfn1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Non deductible interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">501,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_maITEBzEKF_z8IERygV9Rx4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Non deductible stock based compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">377,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzEKF_zqEPBuS3fkBg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,465,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzEKF_zkFqcf8R36Ii" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

-4000000

-900000

500000

322000

4078000

-4349000

-994000

501000

377000

4465000

0.21

Significant components of the Company’s deferred tax assets and liabilities were as follows for the fiscal years February 28, 2025 and February 29, 2024: SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20250228_zksC6RMdQTha" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 28, 2025</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20240229_zcPRbFQjyadf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">February 29, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_maDTALNzYxD_zz6uwyASRTb4" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: justify">Net operating loss carryforwards</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">20,000,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">17,116,115</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Deferred tax liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxLiabilitiesOther_iI_maDTLzvrD_zr6p2oSNopW8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Depreciation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--DeferredTaxLiabilitiesDeferredRevenue_iI_maDTLzvrD_zHmAktFb1LR1" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Deferred revenue</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DeferredTaxLiabilities_iTI_mtDTLzvrD_msDTALNzYxD_zNLoOUzNqQ01" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Total deferred tax liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net deferred tax assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_msDTALNzYxD_zAfl1ZlBLOd2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(20,000,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(17,116,115</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iTI_mtDTALNzYxD_zAYUd6cE0vv4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Net deferred tax assets (liabilities)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

20000000

17116115

20000000

17116115

76973800

61973800

2030

16. SUBSEQUENT EVENTS Subsequent to February 28, 2025 through to filing date, — the Company issued <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_z2QMS7OZvwLa" title="Shares issued">1,400,000,000 common shares pursuant to a share purchase agreement for gross proceeds of $<span id="xdx_907_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zrUsmAJH3Ddh" title="Gross proceeds">2,231,505, issuance costs of $<span id="xdx_900_eus-gaap--PaymentsOfStockIssuanceCosts_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zKmUnpwcsyp5" title="Issuance costs">96,435 and cash proceeds of $<span id="xdx_90E_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--SharePurchaseAgreementMember_zrgDBJMkiNXc" title="Cash proceeds">2,135,070. — The Company issued <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_zFxTbUqZkyAk" title="Shares issued">435,000,000 shares to a lender to settle $<span id="xdx_90C_eus-gaap--DebtInstrumentPeriodicPaymentPrincipal_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_zacZmvF9qOkb" title="Debt instrument, periodic payment, principal">738,000 in principal and $<span id="xdx_901_eus-gaap--DebtInstrumentPeriodicPaymentInterest_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_z3nSAFXTzFS4" title="Debt instrument, periodic payment, accrued interest">37,500 in accrued interest totaling $<span id="xdx_909_eus-gaap--DebtInstrumentPeriodicPayment_c20250301__20250301__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--ExchangeAgreementsMember_zAgW7nKxCuUh" title="Debt instrument, periodic payment">775,500, pursuant to exchange agreements with the lender. — on May 27, 2025 <span id="xdx_90F_eus-gaap--SubsequentEventDescription_c20250527__20250527__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--AmendedEquityFinancingAgreementMember_zBoQhKh8GwEa" title="Subsequent event, description">the Company entered into an Amended Equity Financing Agreement whereby an investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares. In conjunction with the above agreement, the Company entered into a Registration Rights Agreement.

1400000000

2231505

96435

2135070

435000000

738000

37500

775500

the Company entered into an Amended Equity Financing Agreement whereby an investor shall invest up to $30,000,000 over the course of twenty four (24) month at a purchase price of eighty percent (80%) of the lowest trade price in the 9 day preceding period. If the average Closing Price for the Common Stock during the three (3) trading days preceding a purchase is equal to or greater than one cent ($.01) per share, the applicable purchase price shall equal eighty five percent (85%) of the lowest trade price in the 9 day preceding period. Following an up-list to the NASDAQ or an equivalent national exchange by the Company, the purchase price shall equal ninety percent (90%) of the lowest Volume Weighted Average Price (“VWAP”) for the Common Stock during the 9 day preceding period subject to a floor of $2.00 per share, below which the Company shall not be required to sell shares.

Derived from audited information In default This note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed on the lender. This promissory note was issued as part of a debt settlement whereby $103,180 in convertible notes and associated accrued interest of $62,425 totaling $165,605 was exchanged for this promissory note of $165,605, and a warrant to purchase 80,000,000 shares at an exercise price of $.002 per share and a three-year maturity having a fair value of $176,000.The maturity date was extended from December 10, 2023 to December 10, 2024 on February 29, 2024 and a fee of $22,958 was paid and charged to interest expense. The note is in default. No notices have been sent. This promissory note was issued as part of a debt settlement whereby $ in convertible notes and associated accrued interest of $ totaling $ was exchanged for this promissory note of $, and a warrant to purchase shares at an exercise price of $ per share and a three-year maturity having a relative fair value of $. This note is secured by a general security charging all of the Company’s present and after-acquired property.