RAD hardware and SARA™ software solutions
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AITX Confirms FY2026 Q2 Profitability
Newsfile· 2025-10-06 12:40
Core Insights - The company confirmed preliminary unaudited results indicating profitability in Q2 of FY2026, reporting over $750,000 in profit [1][4] - The audited Form 10-Q is expected to be released by October 15, 2025 [1] Financial Performance - The company achieved profitability due to a decisive debt restructuring and disciplined cost controls, which were implemented to drive financial results [3][4] - The company restructured and settled over $4.5 million in debt for less than 10% of the amount owed, contributing to the profitable quarter [3] Business Model and Market Position - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is redefining the $50 billion security and guarding services industry with AI-driven Solutions-as-a-Service [5] - RAD solutions provide cost savings of 35%-80% compared to traditional manned security services [6] Sales Pipeline and Client Opportunities - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [8] - The company anticipates a strong second half of the year in terms of order intake for both RAD hardware and SARA™ software solutions [4] Technology and Compliance - The company's operations have been validated through a successful SOC 2 Type 2 audit, enhancing credibility with enterprise and government clients [7] - AITX's technology aims to improve the efficiency and cost-effectiveness of security services, allowing personnel to focus on strategic tasks [9]