Welcome to our dedicated page for Worksport SEC filings (Ticker: WKSP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Worksport Ltd. filings document the company's public-company disclosures as a Nevada corporation with common stock listed on Nasdaq. Recent reports include Regulation FD 8-Ks that furnish press releases on earnings communications, product launches, distribution relationships, certification milestones, revenue guidance, and commercialization of tonneau cover and portable energy products.
The filing record also covers governance and capital-structure matters, including a chief financial officer transition, principal financial and accounting officer designations, and an unregistered issuance of common stock for accrued executive compensation. Annual-report references tie the disclosure record to operating results, margin commentary, manufacturing efficiency, dealer-network expansion, online sales, B2B channels, and risk and compliance reporting for Worksport's automotive accessory and clean-energy product lines.
Worksport Ltd. reported that CEO Steven Rossi received 88,214 shares of common stock at a deemed price of $0.8502 per share, representing $75,000 of previously accrued bonus compensation. The shares were issued on April 13, 2026 under a stock purchase agreement and approved by the Board, relying on the Section 4(a)(2) registration exemption.
In an accompanying press release, the Company highlighted rapid net sales growth from about $1.5 million in 2023 to $8.5 million in 2024 and $16.1 million in 2025, a New York manufacturing facility appraised at about $9 million, inventory of roughly $9.5 million as of December 31, 2025, and gross margin expansion from about 11% in Q4 2024 to about 30% in Q4 2025. Management reiterated its focus on reaching operational cash-flow positivity in fiscal 2026.
Worksport Ltd. reported record fiscal 2025 results and issued 2026 revenue guidance of $35 million–$42 million, while targeting initial operational cash-flow positivity in the second half of 2026. Net sales for 2025 were $16.1 million, up 89.8% from $8.5 million in 2024, with gross margin improving to 28% from 11%. Online sales rose to $11.9 million, or 74% of revenue, and distributor and jobber sales increased to $4.2 million from $0.4 million. The partnered dealer network expanded to more than 550 locations, with a goal of 1,500 by the end of 2026. Despite this growth, Worksport posted a net loss of $19.35 million for 2025, compared with $16.16 million in 2024. As of December 31, 2025, total liquidity was about $9.3 million, including $5.95 million in cash and $3.4 million available under its revolving credit facility.
Worksport Ltd. files its annual report describing a niche business in tonneau covers, portable power systems and Terravis AetherLux heat pump technology, while expanding U.S. manufacturing and dealer networks. The company raised capital in 2025 through at-the-market stock sales, two warrant inducement deals totaling roughly $13.1 million in gross proceeds, and a $10.0 million Regulation A offering.
Management discloses substantial doubt about its ability to continue as a going concern after a 2025 net loss of approximately $19.4 million, an accumulated deficit of about $83.9 million, and cash of roughly $5.9 million plus $3.4 million available on a credit line as of year-end. A 1-for-10 reverse stock split and increases in authorized capital highlight reliance on external financing amid competitive, supply chain and geopolitical risks.
Worksport Ltd. is highlighting the development of a new premium tonneau cover aimed at professional and commercial truck users. The company presented the unreleased model at the Keystone BIG Show, securing early buyer interest and starting pre-orders ahead of a planned commercial launch expected in early Q2.
The cover is designed to support installer demand, dealer economics, and large-scale distribution, and is positioned as a key pillar of Worksport’s 2026 strategy to expand its U.S. dealer network and build an early revenue pipeline. It complements existing products such as the COR™ Portable Energy System and SOLIS™ Solar Tonneau Cover.
Worksport also reminded investors about an upcoming live earnings webcast on March 26, 2026 at 4:30 PM, where management plans to discuss operational progress, product development, financial outlook, and its path toward cash-flow positive operations.
Worksport Ltd. filed a current report describing progress toward full commercial launch of its COR™ portable energy system. The company has secured key transport, safety, and environmental certifications that clear the product for global shipping and federal sale requirements.
Worksport now holds UN38.3, MSDS and DGM965 approvals for lithium battery transport, as well as FCC and ISED certifications and compliance with California Proposition 65 and TSCA standards. Final UL and CSA safety certifications, along with DOE, CEC and Natural Resources Canada efficiency approvals, are expected in Q1 2026 and are described as critical for access to certain large B2B and “Big Box” retail partners.
The update also highlights the COR system’s pairing with the SOLIS solar tonneau cover to form a portable “Nano-Grid,” and notes ongoing discussions with OEMs, large fleets and potential master distributors to expand U.S. availability.
Worksport Ltd ownership filing shows Armistice Capital, LLC and Steven Boyd report beneficial ownership of 966,008 common shares, representing 9.84% of the class as of 12/31/2025. The filing states shared voting and dispositive power over these shares through Armistice Capital's role as investment manager to the Master Fund.
Worksport Ltd. is updating investors on progress at its Terravis Energy subsidiary as its Aetherlux™ Pro heat pump and ZeroFrost™ anti-frosting technology move toward third-party validation, certification, and early commercialization.
The company confirms a structured government evaluation of Aetherlux is underway and says engineering progress is accelerating the path to AHRI and ENERGY STAR® certification, with a stated line of sight to revenue in the second half of 2026. Management describes ZeroFrost as a materially undervalued intellectual property asset and highlights that the global heat-pump market is expected to exceed $150 billion by 2030. Prior milestones include a February 2025 product re-evaluation, an October 2025 award from the U.S. Department of Energy’s National Renewable Energy Laboratory, and selection of a manufacturing partner in January 2026.
Worksport Ltd. reported a breakout quarter with preliminary Q4 2025 net sales of $4.84 million, up 65% from $2.93 million a year earlier. Gross margin expanded to 32% from 11%, lifting quarterly gross profit to about $1.5 million, a 380% increase.
For full-year 2025, revenue reached a record $16.2 million, up 91% from $8.5 million in 2024. Management highlights its U.S. manufacturing shift, scrap reduction, and better fixed-cost absorption as key to offsetting aluminum prices that rose more than 35%.
Worksport is pivoting its SOLIS, COR, and Aetherlux clean-energy products from heavy R&D spending into a monetization phase, with COR and SOLIS beginning commercial launch in January 2026 and Aetherlux positioned for the large HVAC market.
Worksport Ltd. reported that Chief Executive Officer and director Steven F. Rossi received a grant of 240,000 stock options on February 9, 2026. The options have an exercise price of $1.66 per share and were issued under the company’s 2022 Equity Incentive Plan.
The options vest in three equal annual installments of 80,000 options, starting on the first anniversary of the grant date. Following this grant, Rossi beneficially owns 850,000 stock options directly, aligning his compensation further with the company’s long-term performance.
Worksport Ltd director William J. Caragol received a grant of stock options on February 9, 2026 under the company’s 2022 Equity Incentive Plan. He was awarded 25,002 stock options with an exercise price of $1.66 per share, bringing his total directly held options to 101,752.
The options vest in three equal annual installments of 8,334 options each, starting on the first anniversary of the grant date, and will expire according to the terms of the 2022 Equity Incentive Plan and the applicable award agreement.