Common
- Symbol
- WKSP
- Exchange
- NASDAQ
- Classification
- OTHER
Current Report · Items 7.01, 9.01 · 8-K
WKSPNASDAQEQUITYCurrent
Item 7.01 Regulation FD Disclosure. On November 03, 2026, Worksport Ltd. (the “Company”) issued a press release: “Worksport Reports Preliminary Q3 Results, Reduces Operating Cash Use 89% from Second Quarter to Approximately $0.37 Million; Delivers record net sales of approximately $7.24 million” A copy of the press release is attached hereto as Exhibit 99.1.…
Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.
WORKSPORT LTD. · 8-K · Filed 2026-11-03
Exhibit 99.1 Worksport Reports Preliminary Q3 Results, Reduces Operating Cash Use 89% from Second Quarter to Approximately $0.37 Million; Delivers record net sales of approximately $7.24 million Operating cash use about 5% of net sales, down from 66% in Q2 and 249% in Q1; B2B and distribution reached 50% of September net sales Ninth consecutive month of net sales growth; September sets Company record at $2.68 million West Seneca, New York, November 03, 2026 - Worksport Ltd. (Nasdaq: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced preliminary third-quarter 2026 results. Net cash used in operating activities was approximately $0.37 million, an improvement of ~$3.1 million or 89% compared to ~$3.4 million in the second quarter, and down from ~$8.2 million in the first quarter, as the Company converted approximately $2.5 million of inventory into sales and cash. Preliminary Third-Quarter 2026 Highlights Operating cash use at a single-digit percentage of net sales: approximately 5% in the third quarter, down from 66…
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