Worksport Ltd financial data

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

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 260 % +33.2%
Quick Ratio 143 % +36.1%
Debt-to-equity 38 % -15.8%
Return On Equity -26.7 % +68.8%
Return On Assets -19.3 % +67.2%
Operating Margin -117 % +50.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.25M shares -74.9%
Common Stock, Shares, Outstanding 7.59M shares +145%
Entity Public Float 28.6M USD -19.8%
Common Stock, Value, Issued 7.59K USD +145%
Weighted Average Number of Shares Outstanding, Basic 6.56M shares +123%
Weighted Average Number of Shares Outstanding, Diluted 6.56M shares +123%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.24M USD +337%
Revenue from Contract with Customer, Excluding Assessed Tax 14.3M USD +123%
Research and Development Expense 1.44M USD -24.1%
Selling and Marketing Expense 5.72M USD +370%
General and Administrative Expense 10.4M USD +35.4%
Operating Income (Loss) -16.7M USD -11.2%
Nonoperating Income (Expense) -747K USD -44.3%
Net Income (Loss) Attributable to Parent -4.98M USD +67.9%
Earnings Per Share, Basic -3 USD/shares +70.8%
Earnings Per Share, Diluted -3 USD/shares +70.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.76M USD +102%
Accounts Receivable, after Allowance for Credit Loss, Current 515K USD +10.4%
Inventory, Net 6.84M USD +11.4%
Assets, Current 12.4M USD +39.3%
Property, Plant and Equipment, Net 13.2M USD -5.43%
Operating Lease, Right-of-Use Asset 299K USD -54.5%
Assets 27M USD +8.46%
Accounts Payable, Current 2.81K USD
Employee-related Liabilities, Current 288K USD
Accrued Liabilities, Current 800K USD +319%
Liabilities, Current 6.07M USD +102%
Operating Lease, Liability, Noncurrent 189K USD -56.3%
Liabilities 7.27M USD -15.2%
Retained Earnings (Accumulated Deficit) -77.6M USD -29%
Stockholders' Equity Attributable to Parent 19.8M USD +20.9%
Liabilities and Equity 27M USD +8.46%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.84M USD -37.4%
Net Cash Provided by (Used in) Financing Activities 4.5M USD +41.4%
Net Cash Provided by (Used in) Investing Activities -458K USD -115%
Common Stock, Shares Authorized 45M shares 0%
Common Stock, Shares, Issued 7.59M 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 197K USD +15.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 140K USD -2.78%
Deferred Tax Assets, Valuation Allowance 12M USD +40.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 12M USD +40.6%
Operating Lease, Liability 299K USD -56.1%
Depreciation 1.42M USD -7.21%
Payments to Acquire Property, Plant, and Equipment 201K USD -5.41%
Lessee, Operating Lease, Liability, to be Paid 356K USD -53.1%
Property, Plant and Equipment, Gross 17.3M USD
Operating Lease, Liability, Current 110K USD -55.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 134K USD -28.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 144K USD -47.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 56.3K USD -25.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 39.8K USD
Preferred Stock, Shares Authorized 10M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 46.9K USD
Operating Lease, Payments 78.5K USD -42.2%
Additional Paid in Capital 95.8M USD +32.1%
Interest Expense 575K USD -8.59%