AITX Targets January Cash Breakeven Following CEO Salary Deferral
Artificial Intelligence Technology (AITX) has announced a strategic move to improve its liquidity and reach cash breakeven by January. As part of this cost-reduction initiative, CEO Steve Reinharz has agreed to defer his full salary and bonuses through February 28, 2027. The decision is aimed at reducing immediate cash outflows and strengthening the company's overall financial position. This move signals management's commitment to fiscal discipline as the firm works toward achieving operational stability and positive cash flow.
Tickers: $AITX