secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K/A
Filed at:   2026-07-28T21:00:18+00:00
Accession:  0001493152-26-035028
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport reports 132% gross profit growth from April to June; June net sales $2.08M
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- Preliminary June net sales $2.08M, up 46% from April; gross profit $720K, up 132%.
- Gross margin run rate above 35% vs 26% in Q1 2026, improving ~1000 bps.
- Monthly gross profit increased $410K from April to June, outpacing revenue growth.
- Company expects to report complete Q2 2026 results by August 11, 2026.
- Management cites progress toward operational cash-flow positivity and profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226035028/0001493152-26-035028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226035028/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-035028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer