REVENUE EARNING DEVICES

3 Months Ended

May 31, 2026

7. REVENUE EARNING DEVICES

Revenue earning devices consisted of the following:

SCHEDULE OF REVENUE EARNING DEVICES

	May 31, 2026			February 28, 2026
Revenue earning devices	$	8,632,012		$	8,355,295
Less: Accumulated depreciation		(3,781,667	)		(3,257,668	)
Total	$	4,850,345		$	5,097,627

During the three months ended May 31, 2026, the Company made total additions to revenue earning devices of $276,717 which were transfers from inventory. During the three months ended May 31, 2025, the Company made total additions to revenue earning devices of $895,547 which were transfers from inventory

Depreciation and amortization for the years ended May 31, 2026, and May 31, 2025, are as follows:

Depreciation and Amortization RED	Three Months Ended May 31 2026		Three Months Ended May 31, 2025

Cost of Goods Sold	$	513,195	$	447,955
Operating expenses		10,804		4,104
Total Depreciation and Amortization RED	$	523,999	$	452,059

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)