Artificial Intelligence Technology Solutions Inc. released its financial results, showing a commitment to stabilizing technology and understanding the sales process. The company remains focused on growing revenues and achieving positive cash flow within 18 months. Management expects no issues with extending debt deadlines, supported by a recent $4 million loan facility. An equity financing agreement was entered in September 2024, allowing an investor to purchase up to $30 million of the company's common stock over two years, with $24 million still available for issuance. Looking ahead, the company plans to reduce debt and prepare for an uplist to Nasdaq.
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