secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001641172-25-026520
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport reports Q2 record revenue $4.10M (+114% YoY), gross margin 26%
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- Q2 2025 revenue $4.10M, up 114% YoY and 83% QoQ, highest quarter ever.
- Gross margin expanded from 11% (Q4 2024) to 26% (Q2 2025); >30% expected year-end.
- 450+ new dealer accounts YTD; annual repeatable revenue potential ~$21.5M (ex-B2C).
- SOLIS solar tonneau and COR power system launch in Q4 2025; pilot with multibillion-dollar construction agency.
- AetherLux cold-climate heat pump (to -51°C) advancing to commercial testing for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000164117225026520/0001641172-25-026520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000164117225026520/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026520

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