REVENUE EARNING DEVICES

6 Months Ended

Aug. 31, 2026

7. REVENUE EARNING DEVICES

Revenue earning devices consisted of the following:

SCHEDULE OF REVENUE EARNING DEVICES

	August 31, 2026			February 28, 2026
Revenue earning devices	$	9,007,405		$	8,355,295
Less: Accumulated depreciation		(4,329,418	)		(3,257,668	)
Total	$	4,677,987		$	5,097,627

During the three and six months ended August 31, 2026 the Company made total additions to revenue earning devices of $375,393 and $652,110, respectively, which were transfers from inventory. During the three and six months ended August 31, 2025 the Company made total additions to revenue earning devices of $864,716 and $1,760,263, respectively, which were transfers from inventory.

Depreciation and amortization for the six months ended August 31, 2026, and August 31, 2025, are as follows:

Depreciation and Amortization	Three Months Ended August 31, 2026		Three Months Ended August 31, 2025		Six Months Ended August 31, 2026		Six Months Ended August 31, 2025

Cost of Goods Sold	$	534,654	$	493,220	$	1,047,848	$	941,176
Operating expenses		13,097		5,736		23,901		9,840
Total Depreciation and Amortization of Revenue Earning Devices	$	547,751	$	498,956	$	1,071,749	$	951,016

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)