AITX says selected operating cash payments drop 14% in August as cost cuts begin

• Artificial Intelligence Technology Solutions reported selected operating cash payments fell about 14% in August versus July, down roughly $141,500.
• Cash payments totaled about $900,400 in August versus about $1.042 million in July, reflecting early execution of a cost-reduction plan.
• Targets about $200,000 in monthly cash SG&A cuts by December, equal to about $2.4 million annualized versus the quarter ended May 31, 2026.
• July included about $57,000 in quarterly sales commissions; August included about $50,000 in deferred compensation and about $46,000 in annual items.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artificial Intelligence Technology Solutions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609080840PRIMZONEFULLFEED9822055) on September 08, 2026, and is solely responsible for the information contained therein.