Latest news with #RAD
Yahoo
6 days ago
- Business
- Yahoo
AITX Restructures Millions in Debt, Targets FY Q2 Profit
One-Time Accounting Gain Accelerates Path to Sustainable Growth Detroit, Michigan--(Newsfile Corp. - June 17, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions for enterprise clients, today announced it has restructured and settled over $4.5 million in debt for less than 10% of the debt owed. This decisive action is expected to deliver a significant one-time gain for the current quarter, positioning AITX to achieve net profitability for Q2 FY 2026, which began on June 1, 2025. To view an enhanced version of this graphic, please visit: While the restructuring and settlement of over $4.5 million in debt will contribute a significant one-time gain to the Company's financial results for the quarter, AITX's management emphasizes that lasting profitability will be driven by continued revenue growth and operational improvements. The anticipated net profit for Q2 2026, which began June 1, 2025, reflects not only this temporary accounting benefit but also the progress AITX has made in strengthening its recurring revenue base and managing expenses. When a company restructures or settles its debt, it can often recognize a one-time gain if the amount paid is less than the carrying value of the debt. This accounting gain improves net income for the quarter, but it is not a recurring source of profit. Because these gains are non-operational and unlikely to repeat, investors and analysts typically focus on core business performance and ongoing profitability. "We are moving faster than ever to strengthen our financial position and accelerate AITX's journey to profitability," commented Steve Reinharz, CEO/CTO and founder of AITX. "Eliminating millions in debt is a major milestone, but the real story is the momentum we're building through recurring revenue growth and tighter operational discipline. We are committed to driving lasting value for our shareholders as we continue to scale and execute." For a comprehensive look at AITX's business, technology, and market trajectory, the Company recently released an updated Company Profile. Investors and stakeholders are encouraged to review the document for additional insight into AITX's strategy and ongoing growth initiatives. AITX, through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industryi through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. About Artificial Intelligence Technology Solutions (AITX) AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. There is no guarantee that the Company will achieve a NASDAQ listing, achieve operational cash flow positive status, or meet the projected financial results discussed herein. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz i To view the source version of this press release, please visit Sign in to access your portfolio
Business Insider
12-06-2025
- Business
- Business Insider
Bell Potter Remains a Buy on Radiopharm Theranostics Limited (RAD)
Bell Potter analyst John Hester maintained a Buy rating on Radiopharm Theranostics Limited (RAD – Research Report) today and set a price target of A$0.05. The company's shares closed today at A$0.03. Confident Investing Starts Here: According to TipRanks, Hester is a 4-star analyst with an average return of 7.3% and a 50.55% success rate. Hester covers the Healthcare sector, focusing on stocks such as Clarity Pharmaceuticals Ltd., Polynovo , and Mesoblast Limited. Currently, the analyst consensus on Radiopharm Theranostics Limited is a Moderate Buy with an average price target of A$0.05. The company has a one-year high of A$0.05 and a one-year low of A$0.02. Currently, Radiopharm Theranostics Limited has an average volume of 4.33M. Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RAD in relation to earlier this year.
Associated Press
09-06-2025
- Business
- Associated Press
AITX's RAD Secures Major National Dealer, Wins Logistics Giant with Multiple RIO Mini Order
First RIO Mini Order Expands Logistics Sector Detroit, Michigan--(Newsfile Corp. - June 9, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the 'Company'), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced the signing of a new national authorized dealer, marking a significant expansion into the logistics sector. The new dealer has placed an initial order for four RIO™ Mini solar-powered security trailers, each equipped with RAD's powerful SARA ™ (Speaking Autonomous Responsive Agent), destined for one of the country's largest logistics providers. This latest dealer partnership represents the Company's continued penetration of the logistics market with a dealer specifically bringing RAD solutions to them. The imminent deployment of the RIO Mini units underscores the rising demand for agile, AI-powered security solutions within the logistics sector. By aligning with a top-tier dealer serving one of the nation's largest logistics operations, RAD is positioned to drive further adoption and expansion across a market that demands performance, reliability, and innovation. RIO Mini is designed to deliver powerful autonomous security wherever it is needed most. Compact, solar-powered, and rapidly deployable, each unit will be fully integrated with SARA, RAD's agentic AI-driven monitoring and response platform. SARA enables every RIO Mini to detect, analyze, and respond to security events in real time, providing the end user with continuous, interactive protection. For logistics operators managing vast properties and complex operations, this level of autonomous oversight translates into faster incident response, stronger deterrence, and a measurable reduction in traditional security costs. 'We are on track for our best quarter with growing revenues just part of the story,' said Steve Reinharz, CEO/CTO and founder of AITX and RAD. 'We are thrilled to welcome this new partner and see our RIO Mini units heading straight into the heart of the logistics industry. This relationship highlights the market's growing appetite for proven AI-driven security solutions and positions us to accelerate our expansion into critical infrastructure sectors.' Recent industry reports show rising incidents of trespassing and theft at logistics and distribution centers, making advanced security an urgent priority across the sector 1. RIO Mini, powered by the SARA platform, delivers a cost-effective solution that meets these needs directly. With real-time detection, active deterrence, and clear reporting capabilities, RIO Mini provides logistics providers with reliable, performance-driven security and monitoring. By automating surveillance and response, this solution protects high-value assets and delivers the data and accountability today's operations require. RAD invites logistics providers, security professionals, and industry leaders to discover how RIO Mini and SARA are reshaping the future of security. To learn more about RAD's solutions or to schedule a demonstration, visit www, or contact the RAD sales team today. Sitting atop a standard RIO configuration are one or two ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry 2 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. About Artificial Intelligence Technology Solutions (AITX) AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the 'Company'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz 949-636-7060 @SteveReinharz 1 2 To view the source version of this press release, please visit
Yahoo
09-06-2025
- Business
- Yahoo
AITX's RAD Secures Major National Dealer, Wins Logistics Giant with Multiple RIO Mini Order
First RIO Mini Order Expands Logistics Sector Detroit, Michigan, June 09, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the 'Company') (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced the signing of a new national authorized dealer, marking a significant expansion into the logistics sector. The new dealer has placed an initial order for four RIO™ Mini solar-powered security trailers, each equipped with RAD's powerful SARA™ (Speaking Autonomous Responsive Agent), destined for one of the country's largest logistics providers. This latest dealer partnership represents the Company's continued penetration of the logistics market with a dealer specifically bringing RAD solutions to them. The imminent deployment of the RIO Mini units underscores the rising demand for agile, AI-powered security solutions within the logistics sector. By aligning with a top-tier dealer serving one of the nation's largest logistics operations, RAD is positioned to drive further adoption and expansion across a market that demands performance, reliability, and innovation. RIO Mini is designed to deliver powerful autonomous security wherever it is needed most. Compact, solar-powered, and rapidly deployable, each unit will be fully integrated with SARA, RAD's agentic AI-driven monitoring and response platform. SARA enables every RIO Mini to detect, analyze, and respond to security events in real time, providing the end user with continuous, interactive protection. For logistics operators managing vast properties and complex operations, this level of autonomous oversight translates into faster incident response, stronger deterrence, and a measurable reduction in traditional security costs. 'We are on track for our best quarter with growing revenues just part of the story,' said Steve Reinharz, CEO/CTO and founder of AITX and RAD. 'We are thrilled to welcome this new partner and see our RIO Mini units heading straight into the heart of the logistics industry. This relationship highlights the market's growing appetite for proven AI-driven security solutions and positions us to accelerate our expansion into critical infrastructure sectors.' Recent industry reports show rising incidents of trespassing and theft at logistics and distribution centers, making advanced security an urgent priority across the sector1. RIO Mini, powered by the SARA platform, delivers a cost-effective solution that meets these needs directly. With real-time detection, active deterrence, and clear reporting capabilities, RIO Mini provides logistics providers with reliable, performance-driven security and monitoring. By automating surveillance and response, this solution protects high-value assets and delivers the data and accountability today's operations require. RAD invites logistics providers, security professionals, and industry leaders to discover how RIO Mini and SARA are reshaping the future of security. To learn more about RAD's solutions or to schedule a demonstration, visit www, or contact the RAD sales team today. Sitting atop a standard RIO configuration are one or two ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry2 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. About Artificial Intelligence Technology Solutions (AITX)AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTSThe information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the 'Company'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz 1 in to access your portfolio
Business Insider
08-06-2025
- Business
- Business Insider
Regeneron, Sanofi presents results from DISCOVER Phase 4 trial of Dupixent
Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) presented results from the DISCOVER Phase 4, single-arm, open-label trial assessing Dupixent in adults and adolescents with moderate-to-severe atopic dermatitis with skin of color. These are the first clinical trial results for Dupixent in a large population of patients with darker skin tones. The results, along with the Dupixent Phase 3 trials, demonstrated patients taking Dupixent experienced improvements in signs and symptoms of atopic dermatitis from baseline across many skin tones. The data were shared in an oral presentation at the 2025 Revolutionizing Atopic Dermatitis, RAD, Conference. In the trial, 120 patients with atopic dermatitis and skin of color were treated with Dupixent every two weeks using a weight-based dosing regimen. At 24 weeks: 76% achieved a greater than or equal to75% improvement in overall disease severity, the primary endpoint. Improvements were seen by some patients as early as two weeks. 53% achieved clinically meaningful improvement in itch. Improvements were seen by some patients as early as two weeks. Patients experienced a 53% reduction from baseline in post-inflammatory hyperpigmentation, dropping from 5.1 points to 2.4 points. 18% were very or extremely bothered by dry skin vs. 78% at baseline, based on patient reporting. Confident Investing Starts Here:
