Artificial Intelligence Technology Solutions Inc Announces Operating Expense Reductions — TradingView News
Publish Date: 2026-01-12 06:13:00
Source Domain: www.tradingview.com
- The Artificial Intelligence Technology Solutions Inc announced a significant reduction in operating expenses to enhance cash flow on January 12, 2026.
- Monthly payroll was reduced from $760,000 to $630,000 starting March 2026.
- Other monthly expenses were cut by $50,000 through improved purchasing and vendor management.
- Research and Development (R&D) on HERO and RADDOG projects has been paused in favor of focusing on ROAMEO production.
- The company aims to achieve positive cash flow by May 2026.
- These actions reflect a strategic shift towards tighter operational execution and control.
