Company: WKSP
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010837
Chunk: 26

Company: Worksport Ltd
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 26
---
2,240,005  
    $35,782  
    $476,855  
    $-  
    $512,637 
  
    Less: Cost of sales 
     (1,736,491) 
     (98,351) 
     (8,942) 
     (1,843,784) 
     (31,554) 
     (443,627) 
     -  
     (475,181)
  
    Selling, general and administrative 
     (2,023,395) 
     (66,229) 
     (2,117,937) 
     (4,207,561) 
     (977,026) 
     (232,461) 
     (2,084,288) 
     (3,293,775)
  
    Depreciation and amortization 
     (417,316) 
     (12,829) 
     (14,821) 
     (444,966) 
     (310,452) 
     (15,040) 
     (57,655) 
     (383,147)
  
    Loss from continuing operations 
    $(2,058,637) 
    $(55,969) 
    $(2,141,700) 
    $(4,256,306) 
    $(1,283,250) 
    $(214,273) 
    $(2,141,943) 
    $(3,639,466)

The
following table presents the Company’s net sales disaggregated by geographic area:

Schedule
of Net Sales Disaggregated by Geographic Area

    Hard
    Tonneau Covers  
    Soft
    Tonneau Covers  
    Consolidated  
    Hard
    Tonneau Covers  
    Soft
    Tonneau Covers  
    Consolidated 

    2025  
    2024 

    Hard Tonneau Covers  
    Soft Tonneau Covers  
    Consolidated  
    Hard Tonneau Covers  
    Soft Tonneau Covers  
    Consolidated 
  
    United States 
    $2,105,908  
    $121,641  
    $2,227,549  
    $17,976  
    $474,654  
    $474,654