secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2026-07-22T12:11:18+00:00
Accession:  0001493152-26-034179
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport reports 132% gross profit growth Apr-Jun; June net sales $2.08M, gross profit $720K
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- Net sales rose 46% from April ($1.43M) to June ($2.08M); gross profit up 132% ($310K to $720K).
- Gross margin run rate above 35%, up from 26% in Q1 2026, an improvement of ~1000 bps.
- Monthly gross profit increased by $410K between April and June, outpacing top-line growth.
- Company expects to file Q2 2026 results by August 11, 2026; figures are preliminary and unaudited.
- CEO Steven Rossi says trend positions Worksport for near-term operational cash-flow positivity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226034179/0001493152-26-034179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226034179/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-034179

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