Worksport Ltd financial data

Symbol
WKSP on Nasdaq
Location
West Seneca, NY
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 13 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 260% % 33%
Quick Ratio 143% % 36%
Debt-to-equity 38% % -16%
Return On Equity -27% % 69%
Return On Assets -19% % 67%
Operating Margin -117% % 50%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8,254,389 shares -75%
Common Stock, Shares, Outstanding 7,589,036 shares 145%
Entity Public Float $28,617,609 USD -20%
Common Stock, Value, Issued $7,588 USD 145%
Weighted Average Number of Shares Outstanding, Basic 6,563,228 shares 123%
Weighted Average Number of Shares Outstanding, Diluted 6,563,228 shares 123%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $2,240,005 USD 337%
Revenue from Contract with Customer, Excluding Assessed Tax $14,286,679 USD 123%
Research and Development Expense $1,442,159 USD -24%
Selling and Marketing Expense $5,716,996 USD 370%
General and Administrative Expense $10,399,281 USD 35%
Operating Income (Loss) $16,677,112 USD -11%
Nonoperating Income (Expense) $747,331 USD -44%
Net Income (Loss) Attributable to Parent $4,975,311 USD 68%
Earnings Per Share, Basic -3 USD/shares 71%
Earnings Per Share, Diluted -3 USD/shares 71%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $3,761,690 USD 102%
Accounts Receivable, after Allowance for Credit Loss, Current $515,074 USD 10%
Inventory, Net $6,835,491 USD 11%
Assets, Current $12,377,928 USD 39%
Property, Plant and Equipment, Net $13,208,163 USD -5.4%
Operating Lease, Right-of-Use Asset $299,376 USD -55%
Assets $27,048,622 USD 8.5%
Accounts Payable, Current $2,815 USD
Employee-related Liabilities, Current $288,489 USD
Accrued Liabilities, Current $800,283 USD 319%
Liabilities, Current $6,066,071 USD 102%
Operating Lease, Liability, Noncurrent $189,116 USD -56%
Liabilities $7,269,230 USD -15%
Retained Earnings (Accumulated Deficit) $77,617,726 USD -29%
Stockholders' Equity Attributable to Parent $19,779,392 USD 21%
Liabilities and Equity $27,048,622 USD 8.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $3,839,918 USD -37%
Net Cash Provided by (Used in) Financing Activities $4,495,533 USD 41%
Net Cash Provided by (Used in) Investing Activities $458,342 USD -115%
Common Stock, Shares Authorized 45,000,000 shares 0%
Common Stock, Shares, Issued 7,589,036 shares 145%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $197,273 USD 15%
Interest Paid, Excluding Capitalized Interest, Operating Activities $140,000 USD -2.8%
Deferred Tax Assets, Valuation Allowance $12,026,000 USD 41%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross $12,026,000 USD 41%
Operating Lease, Liability $299,318 USD -56%
Depreciation $1,419,604 USD -7.2%
Payments to Acquire Property, Plant, and Equipment $201,459 USD -5.4%
Lessee, Operating Lease, Liability, to be Paid $355,658 USD -53%
Property, Plant and Equipment, Gross $17,310,333 USD
Operating Lease, Liability, Current $110,202 USD -56%
Lessee, Operating Lease, Liability, to be Paid, Year Two $134,284 USD -28%
Lessee, Operating Lease, Liability, to be Paid, Year One $144,452 USD -48%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $56,340 USD -26%
Lessee, Operating Lease, Liability, to be Paid, Year Three $39,784 USD
Preferred Stock, Shares Authorized 10,000,000 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four $46,863 USD
Operating Lease, Payments $78,471 USD -42%
Additional Paid in Capital $95,783,778 USD 32%
Interest Expense $574,713 USD -8.6%