Company: WKSP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022113
Chunk: 5

Company: Worksport Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---

     318,410  
     -  
     -  
     -  
     -  
     318,498 
  
    Issuance of preferred shares pursuant to Reg-A 
     2,299,867  
     2,300  
     -  
     -  
     2,232,233  
     (188,427) 
     -  
     -  
     -  
     2,046,106 
  
    Conversion of Series C preferred shares 
     (1,977,418) 
     (1,977) 
     1,977,418  
     1,977  
     -  
     -  
     -  
     -  
     -  
     - 
  
    Issuance of warrants pursuant to Reg-A 
     -  
     -  
     -  
     -  
     4,566,535  
     (322,388) 
     -  
     -  
     -  
     4,244,147 
  
    Dividend payable on Series C preferred shares 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (17,133) 
     -  
     (17,133)
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (4,928,679) 
     -  
     (4,928,679)
  
    Balance at September 30, 2025 
     371,884  
    $372  
     7,589,036  
    $7,588  
    $95,783,778  
    $(512,392) 
    $2,126,352  
    $(77,617,726) 
    $(8,580) 
    $19,779,392 

See
accompanying Notes to Condensed Consolidated Financial Statements which form an integral part of the Condensed Consolidated Financial
Statements.

5

Worksport
Ltd.