AITX targets monthly operating cash breakeven by January 2027
AITX•Artificial Intelligence Technology Solutions targets monthly operating cash breakeven by January 2027, assuming 2.7% monthly revenue growth, and monthly accrual operating breakeven in March-April 2027. The company plans monthly cash spending cuts of about $345,000 by January, while CEO Steve Reinharz defers his salary through February 28, 2027.
1. Cash stabilization plan
Artificial Intelligence Technology Solutions launched a balance-sheet stabilization program. CEO Steve Reinharz is deferring his entire salary through February 28, 2027, preserving approximately $35,000 per month, but the deferred salary remains payable; he will receive no bonuses through the fiscal year-end.
2. Breakeven targets
The company targets monthly operating cash breakeven by January 2027, assuming monthly revenue growth of 2.7%. The target excludes debt service and device-build inventory purchases. Cash spending cuts are expected to reach approximately $345,000 per month by January 2027, based on August 2026 levels, and exceed $350,000 from February. Monthly accrual operating breakeven is targeted for March-April 2027.
3. Further steps
The company said it will announce additional balance-sheet stabilization steps as they are finalized.
