Artificial Intelligence Technology Solutions Inc. (AITX) announced a company-wide cost reduction plan targeting approximately $2.4 million in annualized run-rate reductions to cash selling, general and administrative (SG&A) expenditures. The plan aims to reduce monthly cash expenditures by $200,000, with full effectiveness expected by December 2026, moving the company closer to its objective of positive monthly cash flow from operations by December 31, 2026. This new objective supersedes a previously unachieved target of positive operational cash flow by May 2026. The plan includes a reduction in force affecting about 5% of its global workforce and reductions in outside consultants and other third-party costs, while the company continues to rely on external financing.