AITX Surges to New Billing Record in October

Core Insights - AITX achieved its highest billing results in October 2025, invoicing approximately $762,000, a 20% increase from $609,000 in September 2025, positioning the company towards a potential $10 million annual recurring revenue run rate as RAD technology adoption rises [1][3][4] Financial Performance - October 2025 billing reached $762,000, up from $609,000 in September, marking a 20% month-over-month growth [1][3] - The company is on track to potentially reach positive operational cash flow by spring 2026, driven by rising recurring revenue and expanding client deployments [4] Business Model and Market Position - AITX operates within the nearly $50 billion security and guarding services industry, offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [4][8] - The company’s solutions are designed to replace or complement human personnel in environments better suited for machines, enhancing operational efficiency [4][8] Subsidiary Contributions - October's record performance is attributed solely to the subsidiaries Robotic Assistance Devices, Inc. (RAD-I) and Robotic Assistance Devices Residential, Inc. (RAD-R), with additional revenue expected from RAD-G and SARA™ as deployments progress [3][4] Leadership and Expertise - AITX is led by Steve Reinharz, who has extensive experience in the security services industry, supported by a team with backgrounds in security leadership, law enforcement, and robotics innovation [6][8] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, with expectations to convert existing sales opportunities into deployed clients generating recurring revenue [7]