{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-029499","form_type":"8-K","ticker":"WKSP","cik":"0001096275","company_name":"Worksport Ltd","filed_at":"2026-06-22T12:01:17+00:00","discovered_at":"2026-06-22T12:05:00.230815+00:00","generated_at":"2026-06-22T12:06:33.703954+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Worksport reports 35% May gross margin, adds Meyer Distributing, targets $36M+ revenue run-rate","bullets":["Preliminary May 2026 gross margin ~35% (up from 28.4% in Q1 2026 and 11% in Dec 2024).","Secured Meyer Distributing as multinational distribution partner; initial purchase order for Worksport tonneau covers.","B2C activity ~$12M annualized; B2B potential ~$24M+ with Meyer, supporting $36M+ total annualized revenue opportunity.","Targets initial operational cash-flow positivity within 2026; estimates ~$9M quarterly revenue needed at 35% gross margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-029499","json":"https://secwatch.observer/filing/0001493152-26-029499.json","markdown":"https://secwatch.observer/filing/0001493152-26-029499.md","text":"https://secwatch.observer/filing/0001493152-26-029499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1096275/000149315226029499/0001493152-26-029499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1096275/000149315226029499/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T12:06:33.703954+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}