2023 Q1 Form 10-K Financial Statement

#000149315223010294 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $31.93K $39.06K $116.5K
YoY Change -33.18% 137.45% -61.65%
Cost Of Revenue $19.76K -$1.600K $56.97K
YoY Change -47.98% -102.24% -83.76%
Gross Profit $12.17K $40.66K $59.54K
YoY Change 24.16% -174.08% -226.81%
Gross Profit Margin 38.11% 104.1% 51.1%
Selling, General & Admin $2.674M $3.758M $7.425M
YoY Change -4.8% 2.79% -1.14%
% of Gross Profit 21975.37% 9243.11% 12471.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $195.0K -$46.51K $484.1K
YoY Change 75.59% -147.6% 128.62%
% of Gross Profit 1602.32% -114.39% 813.09%
Operating Expenses $3.542M $3.758M $12.83M
YoY Change 26.1% 2.79% 70.87%
Operating Profit -$3.530M -$3.718M -$12.77M
YoY Change 26.11% 0.18% 69.02%
Interest Expense $165.1K -$60.18K $488.7K
YoY Change -992.91% 148.16% -265.44%
% of Operating Profit
Other Income/Expense, Net $6.678K $8.610K $239.3K
YoY Change -133.68% -113.81% -483.93%
Pretax Income -$3.523M -$3.467M -$12.53M
YoY Change 25.04% -8.71% 58.72%
Income Tax
% Of Pretax Income
Net Earnings -$3.523M -$3.467M -$12.53M
YoY Change 25.04% -8.71% 58.72%
Net Earnings / Revenue -11036.08% -8875.65% -10758.97%
Basic Earnings Per Share -$0.21 -$0.72
Diluted Earnings Per Share -$0.21 -$0.20 -$0.73
COMMON SHARES
Basic Shares Outstanding 17.16M shares 17.19M shares 17.08M shares
Diluted Shares Outstanding 17.16M shares 17.08M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.49M $14.62M $14.62M
YoY Change -59.36% -48.82% -48.82%
Cash & Equivalents $10.49M $14.62M $14.62M
Short-Term Investments
Other Short-Term Assets $2.239M $2.034M $2.034M
YoY Change -45.54% -56.86% -56.86%
Inventory $1.604M $1.346M $1.346M
Prepaid Expenses
Receivables $100.6K $62.60K $62.60K
Other Receivables $272.6K $268.0K $268.0K
Total Short-Term Assets $14.71M $18.33M $18.33M
YoY Change -52.33% -46.13% -46.13%
LONG-TERM ASSETS
Property, Plant & Equipment $12.79M $11.90M $13.14M
YoY Change 442.83% 954.28% 698.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $90.73K $24.42K $24.42K
YoY Change 271.54% 0.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $15.39M $14.43M $14.43M
YoY Change 394.04% 537.99% 537.99%
TOTAL ASSETS
Total Short-Term Assets $14.71M $18.33M $18.33M
Total Long-Term Assets $15.39M $14.43M $14.43M
Total Assets $30.10M $32.76M $32.76M
YoY Change -11.38% -9.73% -9.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.022M $2.028M $2.028M
YoY Change 60.69% 77.22% 77.22%
Accrued Expenses $409.1K $387.3K $387.3K
YoY Change 93.36% 81.9% 81.9%
Deferred Revenue
YoY Change
Short-Term Debt $2.190K $46.10K $46.10K
YoY Change -96.47% -27.89% -27.89%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $2.433M $2.462M $2.462M
YoY Change 35.54% 37.01% 37.01%
LONG-TERM LIABILITIES
Long-Term Debt $5.300M $5.300M $5.300M
YoY Change
Other Long-Term Liabilities $780.3K $884.2K $884.2K
YoY Change 195.29% 178.92% 178.92%
Total Long-Term Liabilities $6.080M $6.184M $6.184M
YoY Change 2200.97% 1850.9% 1850.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.433M $2.462M $2.462M
Total Long-Term Liabilities $6.080M $6.184M $6.184M
Total Liabilities $8.513M $8.646M $8.646M
YoY Change 313.43% 309.02% 309.02%
SHAREHOLDERS EQUITY
Retained Earnings -$36.91M -$33.38M
YoY Change 60.12%
Common Stock $1.716K $1.716K
YoY Change 1.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.58M $24.12M $24.12M
YoY Change
Total Liabilities & Shareholders Equity $30.10M $32.76M $32.76M
YoY Change -11.38% -9.73% -9.73%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$3.523M -$3.467M -$12.53M
YoY Change 25.04% -8.71% 58.72%
Depreciation, Depletion And Amortization $195.0K -$46.51K $484.1K
YoY Change 75.59% -147.6% 128.62%
Cash From Operating Activities -$2.934M -$1.616M -$7.978M
YoY Change 45.52% -19.77% 97.15%
INVESTING ACTIVITIES
Capital Expenditures $1.087M $938.5K $11.05M
YoY Change -277.01% -351.51% -1076.15%
Acquisitions
YoY Change
Other Investing Activities -$66.31K
YoY Change
Cash From Investing Activities -$1.153M -$938.5K -$11.15M
YoY Change 87.81% 155.28% 885.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$43.90K -103.6K $5.182M
YoY Change -65.67% -454.14% -84.12%
NET CHANGE
Cash From Operating Activities -$2.934M -1.616M -$7.978M
Cash From Investing Activities -$1.153M -938.5K -$11.15M
Cash From Financing Activities -$43.90K -103.6K $5.182M
Net Change In Cash -$4.132M -2.659M -$13.95M
YoY Change 49.78% 12.98% -150.79%
FREE CASH FLOW
Cash From Operating Activities -$2.934M -$1.616M -$7.978M
Capital Expenditures $1.087M $938.5K $11.05M
Free Cash Flow -$4.021M -$2.555M -$19.03M
YoY Change 186.74% 55.64% 552.68%

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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Increase Decrease In Operating Capital
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Intangible Assets
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29951 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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5300000 usd
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10547 usd
CY2021 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
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12154 usd
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128387 usd
CY2021 us-gaap Repayments Of Bank Debt
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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32801879 usd
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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27459521 usd
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28567333 usd
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1107812 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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14620757 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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28567333 usd
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575000 usd
CY2021 WKSP Purchase Of Software
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502534 usd
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4899433 usd
CY2021 WKSP Share Base Compensation
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3891692 usd
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37000 usd
CY2021 WKSP Cashless Warrant Exercise
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109490 usd
CY2021 WKSP Conversion Of Preferred Stock To Common Stock
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171 usd
CY2021 WKSP Shares Issued For Loan Repayment
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CY2021 WKSP Noncash Stock Split Provision
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CY2021 WKSP Reverse Stock Split
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21182 usd
CY2022 us-gaap Interest Paid Net
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479000 usd
CY2022 us-gaap Nature Of Operations
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<p id="xdx_80A_eus-gaap--NatureOfOperations_zEcQ7m57mglk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_822_zh8i1SZdNSh3">Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Worksport Ltd. (together with its subsidiaries, the “Company”) was incorporated in the State of Nevada on April 2, 2003 under the name Franchise Holdings International, Inc. (“FNHI”). In May 2020, FNHI changed its name to Worksport Ltd. During the year ended December 31, 2014, the Company completed a reverse acquisition transaction (the “Reverse Acquisition”) with TruXmart Ltd. (“TruXmart”). On May 2, 2018, Truxmart legally changed its name to Worksport Ltd. (“Worksport”). Worksport designs and distributes truck tonneau covers in Canada and the United States.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 21, 2021, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1-for-20 for the purpose of increasing the per share price for the Company’s stock in an effort to meet the minimum listing requirements of the NASDAQ. The Certificate of Change was submitted to the Nevada Secretary of State on May 21, 2021, and the FINRA corporate action was announced on August 3, 2021. FINRA declared <span id="xdx_907_eus-gaap--StockholdersEquityReverseStockSplit_c20210520__20210521__dei--LegalEntityAxis__custom--FINRAMember_zDZ33yZbOeS8" title="Stockholders equity, reverse stock split">the 1-for-20 reverse stock split effective on August 4, 2021</span>. These consolidated financial statements, including prior period comparative share amounts, have been retrospectively restated to reflect this reverse split.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terravis Energy, Inc. (“Terravis”) was incorporated in the State of Colorado on May 5, 2021. On August 20, 2021, the Company was issued <span id="xdx_907_eus-gaap--CommonStockSharesIssued_iI_c20210820_zCjRGw0hGvp5" title="Common stock, shares, issued">100</span> common shares at par value of $<span id="xdx_904_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20210820__dei--LegalEntityAxis__custom--TerravisEnergyIncMember_zxMkFRtvkjTa" title="Common Stock, Par or Stated Value Per Share">0.0001</span> per share for a controlling interest in Terravis. During the year ended December 31, 2022, the Company was issued an additional <span id="xdx_90E_eus-gaap--CommonStockSharesIssued_iI_pid_c20221231__dei--LegalEntityAxis__custom--TerravisEnergyIncMember_zLjsxl9FEvNk" title="Common Stock, Shares, Issued">9,990,900</span> common shares of Terravis at par value of $<span id="xdx_900_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20210820_zgMcMkPXVve8" title="Common stock, par value"><span id="xdx_908_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20221231__dei--LegalEntityAxis__custom--TerravisEnergyIncMember_zMFBhP38uAzb" title="Common Stock, Par or Stated Value Per Share">0.0001</span></span> per share.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 20, 2022, the board of directors of Terravis and the board of directors of the Company, as the sole stockholder of Terravis, adopted the Terravis Energy, Inc. 2022 Equity Incentive Plan (the “Terravis 2022 Plan”). Under the Terravis 2022 Plan, Terravis’ board of directors or a committee designated by the board of directors may grant incentive stock options, nonqualified stock options, shares of restricted stock, restricted stock units, performance shares, performance units and stock appreciation rights to eligible participants consisting of employees of Terravis, member of Terravis’ board of directors and advisors and consultants to Terravis. The Terravis board of directors authorized and reserved <span id="xdx_907_eus-gaap--CommonStockSharesAuthorized_iI_c20220120__us-gaap--PlanNameAxis__custom--TerravisTwoThousandTwentyTwoPlanMember_zUAiGAyo94W6" title="Common stock, shares authorized">1,500,000</span> shares of Terravis common stock under the Terravis 2022 Plan, subject to adjustment for any stock splits of Terravis’ common stock or reorganization, recapitalization, or acquisition of Terravis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 6, 2022, Lorenzo Rossi and Steven Rossi, both of whom are members of Terravis’ board of directors, were granted non-qualified stock options under the Terravis 2022 Plan exercisable for <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220406__srt--TitleOfIndividualAxis__custom--LorenzoRossiMember_zcMuruRUSZDg" title="Number of options, exercisable">750,000</span> and <span id="xdx_906_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220406__srt--TitleOfIndividualAxis__custom--StevenRossiMember_zruPptggQMbd" title="Number of options, exercisable">250,000</span> shares of Terravis’ common stock, respectively, with exercise prices of $<span id="xdx_906_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20220406_zhUhlmwPixCc" title="Common stock, par value">0.01</span> per share exercisable from the date of grant until the tenth anniversary of the date of grant.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 12, 2022, Steven Rossi, William Caragol, and Ned L. Siegel, all of whom are members of Terravis’ board of directors, were granted non-qualified stock options under the Terravis 2022 Plan exercisable for <span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220412__srt--TitleOfIndividualAxis__custom--StevenRossiMember_zHKhhJHHEv78" title="Number of options, exercisable">250,000</span>, <span id="xdx_903_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220412__srt--TitleOfIndividualAxis__custom--WilliamCaragolMember_za91DcdXJeC6" title="Number of options, exercisable">50,000</span>, and <span id="xdx_901_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220412__srt--TitleOfIndividualAxis__custom--NedLSiegelMember_z3vhlIAmnrz7" title="Number of options, exercisable">50,000</span> shares of Terravis’ common stock, respectively, with exercise prices of $<span id="xdx_90D_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20220412_zi0svlTaTMPf" title="Common stock, par value">0.01</span> per share exercisable from the date of grant until the tenth anniversary of the date of grant.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 4, 2022, Terravis filed an amendment to its articles of incorporation with the Colorado Secretary of State, pursuant to which the Terravis board of directors attached a certificate of designation designating <span id="xdx_90F_eus-gaap--PreferredStockSharesAuthorized_iI_pid_c20221104__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_z92stTmsEek3" title="Preferred stock, shares authorized">1,000</span> shares of its authorized preferred stock as Series A Preferred Stock with a par value $<span id="xdx_90A_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_pid_c20221104__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_z5MpvpX1aWA4" title="Preferred stock, par value">0.0001</span> per share. According to the certificate of designation, holders of the Series A Preferred Stock do not have any dividend, conversion or liquidation rights. Unless otherwise prohibited by law or the Series A Preferred Stock certificate of designation, the Series A Preferred Stock shall vote together with the outstanding shares of common stock of Terravis as one class on any matter put forth before the common stockholders. For so long the Series A Preferred Stock is outstanding, the holders of the Series A Preferred Stock shall be entitled to <span id="xdx_90A_ecustom--SeriesAPreferredStockOutstandingPercentage_pid_dp_uPure_c20221103__20221104__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_zHmHc9gz261f" title="Preferred stock, shares outstanding percentage">51</span>% of the total votes on all matters regardless of the actual number of shares of Series A Preferred Stock then outstanding, and the holders of the common stock and any other shares of capital stock of Terravis entitled shall be entitled to their proportional share of the remaining <span id="xdx_90F_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_uPure_c20221104__us-gaap--BusinessAcquisitionAxis__custom--TerravisEnergyIncMember_zADklygKJgK4" title="Voting percentage">49</span>% of the total votes based on their respective voting power. On November 4, 2022, the Company issued <span id="xdx_907_eus-gaap--PreferredStockSharesAuthorized_iI_pid_c20221104__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__us-gaap--StatementEquityComponentsAxis__us-gaap--PreferredStockMember_zYYCJesKRoRa" title="Preferred stock, shares authorized">1,000 </span>shares of Series A Preferred Stock to Steven Rossi, the Chief Executive Officer and President of the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Worksport Ltd.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Notes to the Consolidated Financial Statements</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2022 and 2021</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. Nature of Operations </b>(continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the year ended December 31, 2022, Worksport New York Operations Corporation and Worksport USA Operations Corporation were incorporated in the state of New York and Colorado, respectively. During the year ended, the Company was issued <span id="xdx_904_eus-gaap--CommonStockSharesIssued_iI_pid_c20221231__dei--LegalEntityAxis__custom--WorksportUSAOperationsMember_zbdPXT1SMzIk" title="Common Stock, Shares, Issued">1,000</span> common shares at par value of $<span id="xdx_90A_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20221231__dei--LegalEntityAxis__custom--WorksportUSAOperationsMember_zCFjjHmRgwpk" title="Common Stock, Par or Stated Value Per Share">0.0001</span> of Worksport USA Operations Corporation. On April 1, 2022, the Company was issued <span id="xdx_905_eus-gaap--CommonStockSharesIssued_iI_pid_c20220401_zr8hb7fNsqCl" title="Common Stock, Shares, Issued">10,000</span> common shares of Worksport New York Operations Corporation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
100 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10000 shares
CY2021 WKSP Net Cash Provided By Used In Operating Activity
NetCashProvidedByUsedInOperatingActivity
4210623 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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32801879 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-12534414 usd
CY2022Q4 WKSP Working Capital
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15870377 usd
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RetainedEarningsAccumulatedDeficit
-33384219 usd
CY2022Q4 WKSP Working Capital
WorkingCapital
15870377 usd
CY2021Q4 WKSP Working Capital
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32235216 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33384219 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20849805 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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28567333 usd
CY2022 us-gaap Proceeds From Other Equity
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32500000 usd
us-gaap Stock Issued During Period Value New Issues
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30000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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0 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p id="xdx_84C_eus-gaap--GuaranteesIndemnificationsAndWarrantiesPolicies_zfkiZtFpa4q6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86A_zq85tFixyDx2">Warranties</span> - </b>The Company currently offers a limited lifetime warranty against defective products out-of-the-box. Customers who are not satisfied with their purchase may attempt to have their purchases reimbursed outside of the warranty period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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-9297 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-6788 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1268873 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
593053 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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232508 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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232508 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
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0 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
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0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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69933 usd
CY2022Q4 us-gaap Inventory Finished Goods
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1200759 usd
CY2021Q4 us-gaap Inventory Finished Goods
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427794 usd
CY2022Q4 us-gaap Other Inventory
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50790 usd
CY2021Q4 us-gaap Other Inventory
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728 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
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94823 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
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CY2021Q4 us-gaap Inventory Net
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501772 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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605000 usd
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557346 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
73273 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11900672 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1128799 usd
CY2022 us-gaap Depreciation
Depreciation
484073 usd
CY2021 us-gaap Depreciation
Depreciation
64497 usd
CY2022Q4 us-gaap Purchase Commitment Remaining Minimum Amount Committed
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2545000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
232508 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
232508 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
203444 usd
CY2022Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
1313799 usd
CY2021Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
4328389 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
20781 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3041 usd
CY2022Q4 WKSP Prepaid Deposit
PrepaidDeposit
699765 usd
CY2021Q4 WKSP Prepaid Deposit
PrepaidDeposit
384065 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2034345 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4715495 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1313799 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4328389 usd
CY2020Q4 us-gaap Notes Payable Current
NotesPayableCurrent
367058 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
103847 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
263211 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
263211 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
562530 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
263211 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
263211 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
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0 usd
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
5.50
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
210909 shares
CY2021 us-gaap Subsidiary Or Equity Method Investee Cumulative Number Of Shares Issued For All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeNumberOfSharesIssuedForAllTransactions
3483636 shares
CY2021 WKSP Subsidiary Or Equity Method Investee Cumulative Number Of Value Issued For All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeNumberOfValueIssuedForAllTransactions
21805361 usd
CY2021 WKSP Shares Issuance Cost
SharesIssuanceCost
4335908 usd
CY2021 WKSP Stock Issued During Period Shares Issued For Service
StockIssuedDuringPeriodSharesIssuedForService
370000 shares
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1562700 usd
CY2021 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3350 shares
CY2021 WKSP Stock Issued During Period Value Of Common Shares
StockIssuedDuringPeriodValueOfCommonShares
24121 usd
CY2021Q4 WKSP Prepaid Consulting
PrepaidConsulting
796000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
3325000 usd
CY2021 WKSP Stock Issued During Period Shares New Issues Post Consolidation
StockIssuedDuringPeriodSharesNewIssuesPostConsolidation
237500 shares
CY2021 WKSP Stock Issued During Period Value New Issues Post Consolidation
StockIssuedDuringPeriodValueNewIssuesPostConsolidation
86687 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
299000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
299000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-12534414 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-7897086 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-626721 usd
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-394855 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
41409 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
19899 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1007220 usd
CY2022 WKSP Income Tax Reconciliation Interest And Penalty
IncomeTaxReconciliationInterestAndPenalty
100000 usd
CY2022 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-12457196 usd
CY2021 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-7264822 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
-2616011 usd
CY2021 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
-1525613 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2616011 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1525613 usd
CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
4189777 usd
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
2358455 usd
CY2022Q4 WKSP Deferred Tax Assets Amortization
DeferredTaxAssetsAmortization
482691 usd
CY2021Q4 WKSP Deferred Tax Assets Amortization
DeferredTaxAssetsAmortization
32265 usd
CY2022Q4 WKSP Deferred Tax Assets Change In Operating Lease
DeferredTaxAssetsChangeInOperatingLease
-9964 usd
CY2021Q4 WKSP Deferred Tax Assets Change In Operating Lease
DeferredTaxAssetsChangeInOperatingLease
16208 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4336903 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3976468 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8999407 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6383396 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8999407 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6383396 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8999407 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6383396 usd
CY2021 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
612775 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
17997000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2034
NoncapitalLossesCarriedForwardExpirationYear2034
236000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2035
NoncapitalLossesCarriedForwardExpirationYear2035
529000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2036
NoncapitalLossesCarriedForwardExpirationYear2036
1130000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2037
NoncapitalLossesCarriedForwardExpirationYear2037
1531000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2038
NoncapitalLossesCarriedForwardExpirationYear2038
520000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2039
NoncapitalLossesCarriedForwardExpirationYear2039
193000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2040
NoncapitalLossesCarriedForwardExpirationYear2040
718000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2041
NoncapitalLossesCarriedForwardExpirationYear2041
3000000 usd
CY2022 WKSP Noncapital Losses Carried Forward Expiration Year2042
NoncapitalLossesCarriedForwardExpirationYear2042
4100000 usd
CY2022 WKSP Noncapital Losses Carried Forward Total
NoncapitalLossesCarriedForwardTotal
12157000 usd
CY2022 WKSP Noncapital Losses Never Expire
NoncapitalLossesNeverExpire
5840000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
17997000 usd
CY2022Q4 us-gaap Fair Value Concentration Of Risk Accounts Receivable
FairValueConcentrationOfRiskAccountsReceivable
0 usd
CY2021Q4 us-gaap Fair Value Concentration Of Risk Accounts Receivable
FairValueConcentrationOfRiskAccountsReceivable
62329 usd
CY2022 us-gaap Reclassifications
Reclassifications
<p id="xdx_80D_eus-gaap--Reclassifications_zcjNvjjLzq49" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>15. <span id="xdx_829_zTYKTigxL20i">Changes in Cash Flows from Operating Assets and Liabilities</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89C_ecustom--ScheduleOfChangesInOperatingAssetsAndLiabilitiesTableTextBlock_zjg4QhQs0sRk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The changes to the Company’s operating assets and liabilities for the years ended December 31, 2022 and 2021 are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.3in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B3_z9HnDlzjgM38" style="display: none">Schedule of Changes in Operating Assets and Liabilities</span></span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 90%; margin-right: auto"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_49C_20220101__20221231_zfUOYHdM2V57" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td><td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_492_20210101__20211231_zHEygCChtmw6" style="border-bottom: Black 1.5pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2021</span></td><td style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--IncreaseDecreaseInAccountsReceivable_iN_di_maIDIOCzg9T_zN9u79Xln1wi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 60%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Decrease (increase) in accounts receivable</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 16%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,228</span></td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40D_eus-gaap--IncreaseDecreaseInOtherReceivables_iN_di_maIDIOCzg9T_zxGAaD4KWDL2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Decrease (increase) in other receivable</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(83,311</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(16,883</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_403_eus-gaap--IncreaseDecreaseInInventories_iN_di_maIDIOCzg9T_zHbV2TFTfFQh" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Decrease (increase) in inventory</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(844,600</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(460,969</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40A_eus-gaap--IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_iN_di_maIDIOCzg9T_zhl2HWelLAkg" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Decrease (increase) in prepaid expenses and deposits</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(529,438</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(382,067</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40E_ecustom--IncreaseDecreaseInLeaseLiability_iN_di_maIDIOCzg9T_ztfPMUYW9KL3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increase (decrease) in lease liability</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8,738</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,111</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_408_eus-gaap--IncreaseDecreaseInAccruedIncomeTaxesPayable_msIDIOCzg9T_zDjqyjAOeKE3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increase (decrease) in payroll taxes payable</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(112,189</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">63,973</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_msIDIOCzg9T_z6S1CH670Fvk" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increase (decrease) in accounts payable and accrued liabilities</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">995,340</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">187,510</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_403_eus-gaap--IncreaseDecreaseInOperatingCapital_iNT_di_mtIDIOCzg9T_zxTHYrQwxFDe" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="display: none; font-family: Times New Roman, Times, Serif"> <span style="font-size: 10pt">Changes in operating assets and liabilities</span></span></span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(565,377</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(612,775</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> </table> <p id="xdx_8A8_za6awpvnUxx8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Worksport Ltd.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Notes to the Consolidated Financial Statements</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2022 and 2021</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-83 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2228 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
83311 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
16883 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
844600 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
460969 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
529438 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
382067 usd
CY2022 WKSP Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-8738 usd
CY2021 WKSP Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
2111 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-112189 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
63973 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
995340 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
187510 usd
CY2022 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
565377 usd
CY2021 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
15000 shares
CY2019 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
10000000 shares
CY2019 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
50000 usd
CY2022Q4 WKSP Advanced Receivable For Stock Issuance
AdvancedReceivableForStockIssuance
24423 usd
CY2021Q4 WKSP Advanced Receivable For Stock Issuance
AdvancedReceivableForStockIssuance
24423 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1238055 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
515819 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
387329 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
212929 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
884146 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
316988 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
409179 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
166027 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
400130 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
166027 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
493026 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
361298 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
269645 usd
CY2022Q4 WKSP Lessee Operating Lease Liability Payments Due Year After Three
LesseeOperatingLeaseLiabilityPaymentsDueYearAfterThree
394926 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1518895 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
247420 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1271475 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
387329 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
884146 usd
CY2020 us-gaap Proceeds From Loans
ProceedsFromLoans
28387 usd
CY2020 us-gaap Proceeds From Loans
ProceedsFromLoans
40000 cad
CY2020 WKSP Debt Instrument Loan Forgiveness Percentage
DebtInstrumentLoanForgivenessPercentage
0.25 pure
CY2022Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
28387 usd
CY2022Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
40000 cad
CY2023Q1 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
7383 usd
CY2023Q1 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
10000 cad
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.72
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.69
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17078480 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11504147 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
299000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17159376 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17159376 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16951034 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16951034 shares
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
37000 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
3939924 shares
CY2022 WKSP Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y6M29D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5652827 shares
CY2021Q4 WKSP Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
5.14
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
716815 shares
CY2020Q4 WKSP Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.46
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
130909 shares
CY2022 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantsInPeriodWeightedAverageExercisePrice
6.05
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
7457036 shares
CY2021 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantsInPeriodWeightedAverageExercisePrice
4.99
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
1593691 shares
CY2022 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Expired In Period Weighted Average Expirations Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExpiredInPeriodWeightedAverageExpirationsPrice
-4.00
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
26815 shares
CY2021 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Expired In Period Weighted Average Expirations Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExpiredInPeriodWeightedAverageExpirationsPrice
4.00
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
250121 shares
CY2022 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercise Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExerciseWeightedAverageExercisePrice
-2.00
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
2494209 shares
CY2021 WKSP Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercise Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExerciseWeightedAverageExercisePrice
4.22
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
3939924 shares
CY2022Q4 WKSP Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
5.84
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5652827 shares
CY2021Q4 WKSP Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
5.14
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
712500 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.00
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
72500 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.21
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
712500 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.00
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
785000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.74
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
712500 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.00
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
1.60
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
5.50
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
785000 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y2M1D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.74
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
512500 shares
CY2022 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
213383 usd

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