WKSP · XBRL financial data

Worksport financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WKSP's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	—	1,530	8,484	16,102
Revenue from contracts with customers	346	304	117	1,530	8,484	16,102
Cost of goods and services sold	299	351	57	1,289	7,579	11,627
Gross profit	47	(47)	60	241	906	4,475
Research and development	—	—	—	1,669	2,290	1,539
Selling, general and administrative	—	—	—	13,867	14,618	21,454
General and administrative	202	1,855	4,979	9,644	8,679	14,806
Total operating expenses	1,033	7,515	12,833	14,977	16,371	23,288
Operating income (loss)	(986)	(7,562)	(12,774)	(14,737)	(15,466)	(18,813)
Interest income	—	—	—	239	37	—
Interest expense	386	295	489	616	726	593
Other income (expense)	—	—	—	—	(86)	54
Net income (loss)	(1,188)	(7,897)	(12,534)	(14,929)	(16,164)	—
Earnings per share, basic USD per share	—	5.49	(0.72)	(0.84)	(5.84)	(3.16)
Earnings per share, diluted USD per share	—	(0.69)	(0.73)	(0.84)	(5.84)	(3.16)
Weighted average shares, basic thousands of shares	—	11,504	17,078	17,690	2,769	6,143
Weighted average shares, diluted thousands of shares	—	—	17,078	17,690	2,769	6,143

† Share count changed about 1/10 in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (WKSP's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,108	28,567	14,621	3,366	4,883	5,946
Accounts receivable	123	63	63	463	43	504
Inventory	41	502	1,346	3,631	5,190	9,531
Prepaid and other current assets	246	4,715	2,034	1,497	192	531
Total current assets	1,685	34,032	18,332	9,124	10,478	16,789
Property and equipment, net	92	1,129	11,901	14,483	13,644	12,688
Right-of-use asset	39	516	1,238	917	595	273
Total assets	1,902	36,294	32,764	25,954	25,737	30,714
Accounts payable	—	—	—	1,260	1,527	3,107
Accrued liabilities	6	—	—	191	800	—
Current portion of long-term debt	—	—	—	5,300	223	1,687
Total current liabilities	1,718	1,797	2,462	7,167	3,174	6,728
Long-term debt	—	—	—	—	—	950
Lease liability, non-current	15	317	884	609	368	160
Total liabilities	1,733	2,114	8,646	7,775	8,323	7,838
Accumulated deficit	(12,866)	(20,850)	(33,384)	(48,313)	(64,477)	(83,874)
Total stockholders' equity	169	34,180	24,118	18,179	17,414	22,876
Total liabilities and equity	1,902	36,294	32,764	25,954	25,737	30,714
Common shares outstanding (cover page) thousands of shares	165,052	16,961	17,159	24,100	4,796	11,886

† Share count changed about 1/10 in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (WKSP's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,188)	(7,897)	(12,534)	(14,929)	(16,164)	—
Stock-based compensation	—	3,920	4,899	5,755	2,916	3,036
Net cash from operating activities	(726)	(4,047)	(7,978)	(11,931)	(10,139)	(17,314)
Purchases of property and equipment	8	1,102	11,047	3,690	528	789
Net cash from investing activities	(17)	(1,132)	(11,151)	(3,756)	(528)	(1,120)
Proceeds from issuing common stock	1,008	24,398	—	4,476	380	—
Proceeds from issuing equity	1,008	32,500	—	—	—	—
Proceeds from long-term debt	—	—	—	—	1,438	—
Net cash from financing activities	1,839	32,638	5,182	4,432	12,184	19,497
Net change in cash	1,096	27,460	(13,947)	(11,255)	1,517	1,063

† Share count changed about 1/10 in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3714 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3714 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Worksport	1,160	5,230	(3,442)*	15.3M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
Rubber Leaf	1.4	2,774	(37)*	41.1M	0.0 quarters	Q2 FY26 10-QJun 30, 2026
ECD Automotive Design	158	5,783	(1,699)*	2.5M	0.1 quarters	Q3 FY25 10-QSep 30, 2025
Xos	13,235	4,740	(2,687)*	14.2M	4.9 quarters	Q2 FY26 10-QJun 30, 2026
AEye	11,210	202	(7,287)*	46.5M	9.8 quarters	Q2 FY26 10-QJun 30, 2026
Stark Novus Financial	21,525	not reported	(938)*	16.3M	30.8 quarters	Q2 FY26 10-QJun 30, 2026
Fly-E Group	60	2,748	(190)	1.6M	0.3 quarters	Q1 FY27 10-QJun 30, 2026
Workhorse Group	9,629	3,562	(24,076)*	10.9M	0.4 quarters	Q2 FY26 10-QJun 30, 2026
Cenntro	4,332	6,222	(2,714)*	2.5M	1.6 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.