Company: WKSP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022113
Chunk: 6

Company: Worksport Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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Condensed
Consolidated Statements of Shareholders’ Equity

For
the Nine Months Ended September 30, 2025 and 2024

(Unaudited)

    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 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 
     -  
     -  
     33,384  
     33  
     2,896,431  
     -  
     571,858  
     -  
     -  
     3,468,322 
  
    Share issuance (Note 7) 
     -  
     -  
     526,016  
     526  
     5,404,944  
     -  
     (2,210,269) 
     -  
     -  
     3,195,201 
  
    Warrant inducement (Note 15) 
     -  
     -  
     284,000  
     284  
     (474,850) 
     -  
     3,858,464  
     -  
     -  
     3,383,898 
  
    Warrant exercise (Note 15) 
     -  
     -  
     216,589