Company: WKSP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022113
Chunk: 81

Company: Worksport Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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onneau Covers  
    Soft Tonneau Covers  
    Corporate / Other / Eliminations  
    Consolidated  
    Hard Tonneau Covers  
    Soft Tonneau Covers  
    Corporate / Other / Eliminations  
    Consolidated 
  
    Net sales 
    $10,982,236  
    $376,599  
    $-  
    $11,358,835  
    $2,696,595  
    $2,859,940  
    $-  
    $5,556,535 
  
    Less: Cost of sales 
     (8,014,766) 
     (292,725) 
     (4,227) 
     (8,311,718) 
     (2,491,413) 
     (2,454,131) 
     (29,733) 
     (4,975,277)
  
    Selling, general and administrative 
     (7,087,353) 
     (148,686) 
     (7,135,117) 
     (14,371,156) 
     (3,981,931) 
     (1,872,270) 
     (5,162,620) 
     (11,016,821)
  
    Depreciation and amortization 
     (1,268,853) 
     (31,003) 
     (59,666) 
     (1,359,522) 
     (790,797) 
     (125,745) 
     (103,325) 
     (1,019,867)
  
    Loss from continuing operations 
    $(5,388,736) 
    $(95,815) 
    $(7,199,010) 
    $(12,683,561) 
    $(4,567,546) 
    $(1,592,206) 
    $(5,295,678) 
    $(11,455,430)

    20

The
following table presents the Company’s net sales disaggregated by geographic area:

Schedule
of Net Sales Disaggregated by Geographic Area for the nine months ended September 30,:

    Hard Tonneau Covers  
    Soft Tonneau Covers  
    Consolidated  
    Hard Tonneau Covers