{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-010829","form_type":"8-K","ticker":"WKSP","cik":"0001096275","company_name":"Worksport Ltd","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.506953+00:00","generated_at":"2026-05-21T04:29:35.287007+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Worksport Q1 revenue $2.24M (+337% YoY); gross margin 18% vs 7% YoY; FY25 rev guidance $20-25M","bullets":["Revenue $2.24M, up 337% from $512k in Q1 2024.","Gross margin 18%, improved from 7% in Q1 2024 and 11% in Q4 2024.","Net loss $4.46M ($1.05 loss per share), compared to $3.71M loss ($1.75 loss per share) in prior year.","Full-year 2025 revenue guidance of $20M to $25M, targeting cash flow breakeven by year-end.","Working capital $7.94M with $5.1M cash; core growth driven by new AL4 tonneau cover."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-010829","json":"https://secwatch.observer/filing/0001641172-25-010829.json","markdown":"https://secwatch.observer/filing/0001641172-25-010829.md","text":"https://secwatch.observer/filing/0001641172-25-010829.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1096275/000164117225010829/0001641172-25-010829-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1096275/000164117225010829/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T04:29:35.287007+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"}