Company: WKSP
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010837
Chunk: 65

Company: Worksport Ltd
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 65
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 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 
  
    Canada 
     12,456  
     -  
     12,456  
     17,806  
     2,201  
     20,007 
  
    Total Revenues 
    $2,118,364  
    $121,641  
    $2,240,005  
    $35,782  
    $476,855  
    $512,637 
  
    Revenues 
    $2,118,364  
    $121,641  
    $2,240,005  
    $35,782  
    $476,855  
    $512,637 

No
asset information has been provided for the reported segments as the CODM does not regularly review asset information by reportable segment.
As of March 31, 2025 and December 31, 2024, assets held in the U.S. accounted for 89% and 88% of total assets, respectively.

18.
Commitments and Contingencies

There
are no legal proceedings except for routine litigation incidental to the business.

19.
Subsequent Events

The
Company has evaluated subsequent events through May 15, 2025. The following events occurred