Security
Worksport, Ltd. Common Stock · WKSP
WKSPNASDAQCommon stockCurrentCIK 1096275Updated Oct 12, 2026
Name history
Worksport Ltd · through Oct 9, 2026Worksport, Ltd · through May 17, 2021Franchise Holdings International, Inc. · through Jul 2, 2020TMANGLOBAL COM INC · through May 6, 2009
WKSP price & chart
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NASDAQ:WKSP on TradingView ↗About the company
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.
In the news
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Seeking Alpha
Worksport reports Preliminary July results ↗
Worksport Ltd. (WKSP) Discusses Earnings Results, Operating Progress and Strategic Priorities Transcript ↗
SEC disclosures
Worksport Ltd files 8-K: Material Event ↗
Recent filings
EFFECT filing
S-8 filing
Regulation FD Disclosure
Items 7.01, 9.01
S-3 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 30,714,074Source | 25,736,660Source | 25,953,916Source | 32,764,130Source |
| Property, Plant and Equipment, NetUSD | 12,688,488Source | 13,644,226Source | 14,483,436Source | 11,900,672Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 5,945,894Source | 4,883,099Source | 3,365,778Source | 14,620,757Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 503,971Source | 42,589Source | 463,122Source | 62,601Source |
| Inventory, NetUSD | 9,530,671Source | 5,190,054Source | 3,631,492Source | 1,346,372Source |
| Assets, CurrentUSD | 16,789,424Source | 10,477,662Source | 9,123,506Source | 18,332,107Source |
| Prepaid Expense and Other Assets, CurrentUSD | 530,861Source | 192,192Source | 1,497,249Source | 2,034,345Source |
| Operating Lease, Right-of-Use AssetUSD | 272,598Source | 595,415Source | 917,354Source | 1,238,055Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,837,853Source | 8,323,029Source | 7,775,373Source | 8,645,876Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 428Source | — | — | — |
| Common Stock, Value, IssuedUSD | 9,814Source | 4,016Source | 2,032Source | 1,716Source |
| Additional Paid in CapitalUSD | 101,357,686Source | 79,781,674Source | 64,685,693Source | 56,919,625Source |
| Retained Earnings (Accumulated Deficit)USD | -83,873,790Source | -64,476,966Source | -48,313,177Source | -33,384,219Source |
| Stockholders' Equity Attributable to ParentUSD | 22,876,221Source | 17,413,631Source | 18,178,543Source | 24,118,254Source |
| Liabilities and EquityUSD | 30,714,074Source | 25,736,660Source | 25,953,916Source | 32,764,130Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,727,846Source | 3,173,552Source | 7,166,612Source | 2,461,730Source |
| Operating Lease, Liability, CurrentUSD | 113,012Source | 246,535Source | 328,229Source | 387,329Source |
| Accounts Payable, CurrentUSD | 3,107,085Source | 1,526,630Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 159,526Source | 368,472Source | 608,761Source | 884,146Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | 800,283Source | — | — |
| Long-term DebtUSD | 2,675,158Source | 5,264,510Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 1,686,809Source | 222,992Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -19,352,297Source | — | 14,928,958Source | 12,534,414Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,035,939Source | 2,916,328Source | 5,754,717Source | 4,899,433Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 461,382Source | -387,561Source | 400,521Source | -83Source |
| Increase (Decrease) in InventoriesUSD | 4,340,617Source | 1,558,562Source | 2,285,120Source | 844,600Source |
| Deferred Income Tax Expense (Benefit)USD | -4,201,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -17,314,390Source | -10,138,798Source | -11,930,580Source | -7,977,960Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,119,503Source | -528,235Source | -3,756,364Source | -11,150,776Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 789,460Source | 528,235Source | 3,690,056Source | 11,047,447Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 19,496,688Source | 12,184,354Source | 4,431,965Source | 5,182,160Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,062,795Source | 1,517,321Source | -11,254,979Source | -13,946,576Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 593,000Source | 669,000Source | 626,000Source | 479,000Source |
| Income Taxes Paid, NetUSD | 2,420Source | — | — | — |
| Additional Financial Items | ||||
| AmortizationUSD | 385,836Source | 385,840Source | 2,450Source | — |
| DepreciationUSD | 1,448,472Source | 1,367,445Source | 1,107,292Source | 484,073Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 4,587Source | 14,885Source | 2,693Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 296,726Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 302,332Source |
| General and Administrative ExpenseUSD | 14,806,326Source | 8,678,994Source | 9,643,680Source | 4,978,582Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -18,813,426Source | -15,465,834Source | — | — |
| InterestExpenseNonoperatingUSD | 592,755Source | 726,095Source | — | — |
| Investment Income, InterestUSD | — | 37,492Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | -16,163,789Source | -14,928,958Source | -12,534,414Source |
| Nonoperating Income (Expense)USD | -538,871Source | -697,955Source | -192,297Source | 239,301Source |
| Operating ExpensesUSD | 23,288,333Source | 16,371,484Source | 14,977,175Source | 12,833,250Source |
| Other Nonoperating Income (Expense)USD | 53,884Source | -85,765Source | — | — |
| Payments to Acquire InvestmentsUSD | 330,043Source | — | 90,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | 380,000Source | 4,475,869Source | — |
| Proceeds from Issuance of Long-term DebtUSD | — | 1,437,998Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,101,738Source | 8,484,379Source | 1,529,632Source | 116,502Source |
| Cost of RevenueUSD | 11,626,831Source | 7,578,729Source | 1,289,118Source | 56,967Source |
| Selling, General and Administrative ExpenseUSD | 21,454,025Source | 14,618,199Source | — | — |
| Operating Income (Loss)USD | -18,813,426Source | -15,465,834Source | -14,736,661Source | -12,773,715Source |
| Other Nonoperating Income (Expense)USD | 53,884Source | -85,765Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -19,352,297Source | -16,164,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | -16,163,789Source | -14,928,958Source | -12,534,414Source |
| Earnings Per Share, BasicUSD per share | -3.16Source | -5.84Source | -0.84Source | -0.72Source |
| Earnings Per Share, DilutedUSD per share | -3.16Source | -5.84Source | -0.84Source | -0.73Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 6,143,122Source | 2,768,732Source | 17,689,911Source | 17,078,480Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 6,143,122Source | 2,768,732Source | 17,689,911Source | — |
| Interest Expense (non-operating)USD | 592,755Source | 726,095Source | — | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,834,308Source | 1,753,285Source | 1,109,742Source | 486,582Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 4,587Source | 14,885Source | 2,693Source | — |
| General and Administrative ExpenseUSD | 14,806,326Source | 8,678,994Source | 9,643,680Source | 4,978,582Source |
| Gross ProfitUSD | 4,474,907Source | 905,650Source | 240,514Source | 59,535Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -18,813,426Source | -15,465,834Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | -10,319,000Source | -14,929,000Source | -12,534,414Source |
| Interest ExpenseUSD | — | — | 616,214Source | 488,704Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | 239,353Source | 212,290Source |
| Investment Income, InterestUSD | — | 37,492Source | — | — |
| Nonoperating Income (Expense)USD | -538,871Source | -697,955Source | -192,297Source | 239,301Source |
| Operating ExpensesUSD | 23,288,333Source | 16,371,484Source | 14,977,175Source | 12,833,250Source |
| Research and Development ExpenseUSD | 1,538,923Source | 2,289,940Source | — | — |
| Selling and Marketing ExpenseUSD | 6,947,671Source | 2,386,504Source | 1,483,054Source | 2,446,266Source |
Offerings
Registration 333-299283
Registration 333-292823
Registration 333-286255
Filing attachments
ex107.htm · S-8 · 2026-10-09
Calculation of Filing Fee Tables S-8 Worksport Ltd ──────────────────────────────────── Table 1: Newly Registered Securities ──────────────────────────────────────── Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee ─────────────────────────────────────────────────────…
Read attachment ↗ex99-1.htm · 8-K · 2026-10-06
Exhibit 99.1 Worksport (Nasdaq: WKSP) Books $2.92M August Orders; Annualized Order Run Rate Reaches $35M August orders increase 16.4%, while estimated backlog grows 145.1% to approximately $898,000. Preliminary net sales reach $2.34 million, extending the Company’s eight-month sales climb West Seneca, New York, October 6, 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 tru…
Read attachment ↗ex107.htm · S-3 · 2026-10-05
Calculation of Filing Fee Tables S-3 Worksport Ltd ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price …
Read attachment ↗ex4-1.htm · 8-K · 2026-08-27
EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE …
Read attachment ↗ex99-1.htm · 8-K · 2026-08-26
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Worksport (NASDAQ: WKSP) Posts Record $2.5M July Orders; Seven-Month Consecutive Sales Climb Continues; $30M ARR Monthly net sales increased in every successive month of 2026 through July, averaging approximately 12.9% month-over-month growth for 5 months, while preliminary gross margin remained above 30% for a third consecutive month. July product orders reached approximately $2.52 million**, while preliminary net sales from fulfilled orders reac…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-29
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Worksport Announces Q2 2026 Earnings Call and Investor Town Hall for August 11, 2026; CEO Believes Current Market Valuation Does Not Yet Fully Reflect Recent Positive Operating Progress Worksport will host its Q2 2026 earnings conference call on August 11, 2026, at 4:30 p.m. ET, following market close, with an investor townhall immediately afterward featuring CEO commentary, business updates, and shareholder Q&A. West Seneca, New York, July 29, 20…
Read attachment ↗