Highest-materiality recent filing
Worksport regains Nasdaq $1 bid price, reports 35% May gross margin, $36M+ revenue run-rate target
Stock closed above $1.00 on June 24, regaining Nasdaq minimum bid price compliance; increased 75% in 5 trading days.
Worksport reports 35% May gross margin, adds Meyer Distributing, targets $36M+ revenue run-rate
Preliminary May 2026 gross margin ~35% (up from 28.4% in Q1 2026 and 11% in Dec 2024).
Worksport's Terravis Energy secures US patent for ZeroFrost heat pump technology
U.S. Patent No. 12,624,872 issued for AetherLux heat pump architecture with ZeroFrost frost-reduction design.
Worksport Q1 net sales up 48% YoY to $3.3M; gross margin improves to 26%
Net sales $3.31M (+47.9% YoY); gross profit $854K (+115.5%); gross margin 26% vs 18% YoY.
Secured Tri-State Enterprises as cross-regional distributor for tonneau covers, including the new Nexus model.
Nexus Tonneau Cover commercially launched; production began April 13, 2026; now available on B2C website and B2B network.
Worksport CEO buys $75,000 stock; reaffirms $35-42M 2026 revenue and margin targets
CEO Steven Rossi acquired 88,214 shares at $0.8502 (aggregate $75,000) in lieu of cash bonus.
Net sales $16.1M (89.8% YoY increase); gross margin expanded to 28% from 11%.
Government entity actively monitoring lab results; no procurement decision yet but validated data expected to accelerate discussions.
Worksport Q4 revenue $4.84M (+65% YoY), gross profit up 380%, FY revenue $16.2M (+91%)
Q4 2025 net sales $4.84M vs $2.93M in Q4 2024 (+65% YoY).
SOLIS solar tonneau cover and COR portable energy system are now shipping to customers; digital marketing campaign starts this month.
Holder exercises existing warrants for 2,194,526 shares at reduced price of $2.90/share, yielding ~$6.4M gross proceeds.
Worksport launches COR/SOLIS nano-grid; targets $2-3M 2025 rev, 8-figure 2026
Launch of COR portable battery (1-6 kWh) and SOLIS solar tonneau cover; available at worksport.com.
Worksport HD3 heavy-duty tonneau cover now selling to B2B dealers; COR and SOLIS orders open Nov 28
HD3 heavy-duty tonneau cover MAP starts at $869; production began mid-October 2025.
Worksport Q3 revenue $5.0M (+61% YoY), margin 31.3%; targets 2026 profitability with $45M+ revenue
Q3 net sales $5.0M, up 61% YoY and 22% sequentially; gross margin 31.3% vs 7.9% in Q3 2024.
Worksport announces COR portable energy system pricing at $949, orders open Nov 28
COR Starter Kit (1 HUB + 1 battery) priced at $949; order date Nov 28, 2025 on worksport.com.
COR Starter Kit (inverter+battery) priced at $949; SOLIS Solar Tonneau System at $1,999.
Worksport Q3 revenue record $5.0M (+62% YoY); gross margin expands to 31% from 7.9%
Revenue of $5.015M, up 62% YoY from $3.10M and 22% QoQ from $4.10M.
Worksport closes $10M Reg A funding; targets early 2026 cash flow positivity
$10M Regulation A offering completed; $4.50 warrants with no broker fees, resets, or ratchets.
Worksport B2B dealer network up 42% QoQ; B2B revenue grows 25% monthly
Active dealer network grew to 266 from 187 since June, a 42% increase in one quarter.
Worksport reports Q3 pacing for record quarter, margins >30%; SOLIS & COR launch late Q4 2025
Q3 2025 pacing to be record quarter; gross margins exceeding 30% and climbing; follows 83% sequential revenue increase in Q2.
Worksport July 2025 revenue $1.71M record; gross margin 31% beats target early
July revenue $1.71M (unaudited), fourth consecutive monthly record; gross margin 31%, achieving year-end 30% target one quarter early.
Worksport reports Q2 record revenue $4.10M (+114% YoY), gross margin 26%
Q2 2025 revenue $4.10M, up 114% YoY and 83% QoQ, highest quarter ever.
Worksport Q2: revenue $4.1M (+114% YoY), gross margin 26.4%, operating loss improves 15% QoQ
Net sales $4.1M, up 114% YoY and 83% sequential; gross profit $1.08M (+173% YoY).
Bitcoin holdings doubled; existing BTC/XRP portfolio up ~15% since initial purchase in Dec 2024.
Worksport July production record 2,499 units; doubles March output; on track for $20M revenue
Produced 2,499 tonneau covers in 4 weeks of July, more than double March 2025 output of 1,234 units (100%+ sequential growth).
Worksport reports Q2 revenue $4.1M, up 83% QoQ; SOLIS & COR on track for Fall 2025 launch
Q2 2025 revenue $4.1M, up 83% from prior quarter; production increased 50% since March 2025.
Worksport reports Q2 2025 revenue of $4.1M, up 83% QoQ; gross margin rises to 26.0%
Unaudited Q2 2025 revenue of $4.1M, an 83% increase over Q1 2025 revenue of $2.24M.
Worksport reports record production, 100%+ gross margin growth, revenue on track for $20M in 2025
May 2025 monthly production record exceeded entire Q3 2024; production up 50% since March 2025.
Worksport Nano-Grid System selected for pilot by top 25 US construction firm
Pilot with top 25 US construction & energy contractor owning 1,000+ truck fleet; initial purchase of 2 SOLIS and COR units.
Worksport reports May revenue $1.28M, 2nd straight record; gross margin up 25% from Q1
May 2025 revenue $1.28M, second consecutive record month; April+May revenue surpasses entire Q1 2025.
Worksport closes initial $160K tranche of 8% Series C preferred Reg A offering
Issued 49,335 Units at $3.25/Unit in initial closing of up to 3.1M Unit Reg A offering.
Worksport secures second national distributor; projects $21.5M repeatable B2B revenue
Second national distributor adds ~250 dealer accounts; total dealer network exceeds 550 U.S. locations.
Worksport confirms Fall 2025 launch of SOLIS & COR; targets $2-3M in 2025 revenue
SOLIS solar tonneau cover and COR portable power system launch Fall 2025 after engineering validation.
Worksport reports record April sales of $1.22M; AL4 tonneau cover drives 40% of revenue
April sales record of ~$1.22M; premium AL4 tonneau cover launched weeks earlier contributed 40% of product sales.
On April 30, 2026, the Board appointed Jennifer Kartychak as the Company’s Chief Financial Officer, effective May 1, 2026.
On April 30, 2026, Michael Johnston informed Worksport Ltd., a Nevada corporation (the “Company”), of his resignation as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.
Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.
Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.
Max materiality 0.85 · Median 0.65 · Most common event other_material