| LOSS PER SHARE |
14.
LOSS PER SHARE
The
net loss per common share amounts were determined as follows:
SCHEDULE
OF NET INCOME (LOSS) PER COMMON SHARE
| | |
February 28, | | |
February 29, | |
| | |
For the Year Ended | |
| | |
February 28, | | |
February 29, | |
| | |
2025 | | |
2024 | |
| Numerator: | |
| | | |
| | |
| Net loss available to common shareholders | |
$ | (18,935,592 | ) | |
$ | (20,708,716 | ) |
| | |
| | | |
| | |
| Effect of common stock equivalents | |
| | | |
| | |
| Less redemption dividend to Series F and Series B preferred shareholders | |
| (423,476 | ) | |
| — | |
| Net loss adjusted for common stock equivalents | |
| (19,358,968 | ) | |
| (20,708,716 | ) |
| | |
| | | |
| | |
| Denominator: | |
| | | |
| | |
| Weighted average shares - basic | |
| 11,647,673,315 | | |
| 7,080,914,317 | |
| | |
| | | |
| | |
| Net loss per share – basic | |
$ | (0.00 | ) | |
$ | (0.00 | ) |
| | |
| | | |
| | |
| Denominator: | |
| | | |
| | |
| Weighted average shares – diluted | |
| 11,647,673,315 | | |
| 7,080,914,317 | |
| | |
| | | |
| | |
| Net loss per share – diluted | |
$ | (0.00 | ) | |
$ | (0.00 | ) |
The
anti-dilutive shares of common stock equivalents for the years ended February 28, 2025 and February 29, 2024 were as follows:
SCHEDULE
OF ANTI-DILUTIVE SHARES OF COMMON STOCK EQUIVALENTS
| | |
February 28, | | |
February 29, | |
| | |
For the Year Ended | |
| | |
February 28, | | |
February 29, | |
| | |
2025 | | |
2024 | |
| Convertible Class F Preferred Shares | |
| 49,722,965,500 | | |
| 31,873,690,805 | |
| Stock options and warrants | |
| 229,499,580 | | |
| 489,262,696 | |
| Total | |
| 49,952,465,080 | | |
| 32,362,953,501 | |
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
NOTES
TO THE CONSOLIDATED FINANCIAL STATEMENTS
|