secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2025-07-10T23:59:59+00:00
Accession:  0001641172-25-018531
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport reports Q2 2025 revenue of $4.1M, up 83% QoQ; gross margin rises to 26.0%
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- Unaudited Q2 2025 revenue of $4.1M, an 83% increase over Q1 2025 revenue of $2.24M.
- Gross margin improved to 26.0% from 17.7% in Q1; June 2025 highest monthly margin yet; on track to exceed 30% by year-end.
- SOLIS Solar Tonneau Cover and COR Portable Energy System on schedule for commercial launch in late 2025; beta testing in North America.
- Full Q2 financial statements and earnings call expected mid-August; management previously guided $20M full-year revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000164117225018531/0001641172-25-018531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000164117225018531/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-018531

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