Company: WKSP
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010837
Chunk: 3

Company: Worksport Ltd
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 Amount  
    Capital  
    Receivable  
    Payable  
    Deficit  
    Adjustment  
    (Deficit) 
  
    Balance
    at January 1, 2024 
             100  
    $             -  
     2,032,050  
    $2,032  
    $64,685,693  
    $(1,577) 
    $1,814,152  
    $(48,313,177) 
    $(8,580) 
    $   18,178,543 
  
    Issuance
    for services and subscriptions payable 
     -  
     -  
     21,454  
     21  
     1,138,109  
     -  
     103,433  
     -  
     -  
     1,241,563 
  
    Shares
    issued (Note 7) 
     -  
     -  
     287,716  
     288  
     3,194,913  
     -  
     -  
     -  
     -  
     3,195,201 
  
    Warrant
    exercise 
     -  
     -  
     68,800  
     69  
     -  
     -  
     -  
     -  
     -  
     69 
  
    Net
    loss 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (3,714,657)  
     -  
     (3,714,657)
  
    Balance
    at March 31, 2024 
     100  
    $-  
     2,410,020  
    $2,410  
    $69,018,715  
    $(1,577) 
    $1,917,585  
    $(52,027,834) 
    $(8,580) 
    $18,900,719 

    Balance
    at January 1, 2025 
     100  
    $-