Highest-materiality recent filing
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.
Worksport achieves ISO 9001 certification at U.S. factory; targets OEM partnerships
ISO 9001:2015 certification issued by Bureau Veritas, valid April 2025 through April 2028.
Worksport Q1 revenue $2.24M (+337% YoY); gross margin 18% vs 7% YoY; FY25 rev guidance $20-25M
Revenue $2.24M, up 337% from $512k in Q1 2024.
Partnership with Patriot Automotive Technologies gives Worksport access to over 200 U.S. dealer locations for its tonneau covers.
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.
Max materiality 0.85 · Median 0.65 · Most common event other_material