Risk factors

Worksport (WKSP) risk factors

Item 1A of every Worksport Ltd. 10-K on file, and what changed from one year to the next.

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  • FY2025 10-K risk factors

    45 risks, 7 new, 7 dropped, 13 reworded since the prior year. Worksport faces mounting going concern doubts with a net loss of $19.4 million and an accumulated deficit of $83.9 million.

    Filed Mar 26, 2026
  • FY2024 10-K risk factors

    45 risks. Worksport faces going concern doubts with a $16,163,789 net loss for 2024 and $64,476,966 accumulated deficit. Operations rely heavily on two Chinese suppliers for soft tonneau covers and CEO Steven Rossi's voting control. The company competes against better-funded players like Real Truck and faces risks from potential EV policy rollbacks.

    Filed Mar 27, 2025