Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 241

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 241
---
     300,912  
     -  
     -  
     3,309,983 
  
    Shares issued (Note 7) 
     -  
     -  
     1,416,856  
     1,417  
     12,561,959  
     -  
     (3,858,464) 
     -  
     -  
     8,704,912 
  
    Warrant inducement (Note 15) 
     -  
     -  
     284,000  
     284  
     (474,850) 
     -  
     3,858,464  
     -  
     -  
     3,383,898 
  
    Warrant exercise (Note 15) 
     -  
     -  
     216,589  
     216  
     (132) 
     -  
     -  
     -  
     -  
     84 
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (16,163,789) 
     -  
     (16,163,789)
  
    Balance at December 31,
    2024 
     100  
    $-  
     4,016,205  
    $4,016  
    $79,781,674  
    $(1,577) 
    $2,115,064  
    $(64,476,966) 
    $(8,580) 
    $17,413,631 
  
    Balance  
     100  
    $-  
     4,016,205  
    $4,016  
    $79,781,674  
    $(1,577) 
    $2,115,064  
    $(64,476,966) 
    $(8,580) 
    $17,413,631 

See
accompanying Notes to Consolidated Financial Statements.

47

Worksport
Ltd.

Consolidated
Statements of Cash Flows

December
31, 2024 and