Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 413

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 413
---
 
     (726,095) 
     (616,214)
  
    Interest income 
     37,492  
     239,353 
  
    Rental income (Note 17) 
     76,413  
     184,564 
  
    Other 
     (85,765) 
     - 
  
    Total
    other income (expense) 
     (697,955) 
     (192,297)

    Net
    loss 
     (16,163,789) 
     (14,928,958)

    Loss per share (basic
    and diluted) 
    $(5.84) 
    $(8.44)
  
    Weighted average number
    of shares (basic and diluted) 
     2,768,732  
     1,768,991 

See
accompanying Notes to Consolidated Financial Statements.

46

Worksport
Ltd.

Consolidated
Statements of Shareholders’ Equity

December
31, 2024 and 2023

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Receivable  
    Payable  
    Deficit  
    Adjustment  
    (Deficit) 

    Preferred
    Stock  
    Common
    Stock  
    Additional
    Paid-in  
    Share
    Subscriptions  
    Share
    Subscription  
    Accumulated  
    Cumulative
    Translation  
    Total Stockholders’
                                            Equity 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Receivable  
    Payable  
    Deficit  
    Adjustment  
    (Deficit) 
  
    Balance at
    December 31, 2022 
     100  
    $-  
     1,715,937  
    $1,716  
    $56,919,625  
    $(1,577) 
    $591,289  
    $(33,384,219) 
    $(8,580) 
    $    24,118,254 
  
    Issuance for services and subscriptions payable 
     -  
            -  
     25,000  
     25  
     3,271,084  
     -