WKSP — what changed in the latest 10-Q
A section-by-section comparison of WKSP's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-11 vs the prior 10-Q · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +42 | −22 | ~11 | 24 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +1 | −2 | ~4 | 3 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | +2 | −6 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-11
Worksport Ltd., through its subsidiaries, designs, develops, manufactures and sells tonneau covers, portable energy storage systems, and solar-integrated automotive accessories, and is developing other energy technologies, including pre-commercial non-parasitic heat-pump technology. The Company owns…
On April 13, 2026, the Company issued to its Chief Executive Officer, Steven Rossi, 88,214 shares of the Company’s common stock, par value $0.001 per share at a deemed price of $0.8502 per share, representing the closing price of the Company’s Common Stock on the Nasdaq Capital Market on April 10, 2…
On April 20, 2026, the Company announced the official commercial launch and commencement of sales for the NEXUS Tonneau Cover. Production began on April 13, 2026.
On April 29, 2026, the Company announced that it secured Tri-State Enterprises, Inc. as a new cross-regional distribution partner.
On April 30, 2026, Michael Johnston resigned as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective April 30, 2026. Mr. Johnston’s resignation was not the result of any disagreement with the Company regarding its operations, policies or prac…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
Worksport Ltd., through its subsidiaries, designs, develops, manufactures, and owns the Intellectual Property on a portfolio of tonneau cover, solar integration, portable power station, and NP (Non-Parasitic), Hydrogen-based green energy products and solutions for the automotive aftermarket accessor…
● On January 13, 2026, the Company announced the commercial launch of the SOLIS™ Solar Tonneau Cover and COR™ Portable Energy System. The production launch allowed pre-orders to be fulfilled via Worksport’s US facilities, and a digital marketing campaign was initiated to drive sales for the standalo…
● On February 12, 2026, the Company announced that a large government entity is actively monitoring upcoming laboratory performance results of Aetherlux™ Heat Pump as part of an internal evaluation process.
● On March 19, 2026, the Company announced its presentation of its new, premium tonneau cover model to industry buyers at the Keystone BIG Show.
For the three months ended March 31, 2026, net sales generated in the U.S. was $3,306,645, compared to $2,227,549 for the same period in 2025, an increase of approximately 48%.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-11
There were no changes in the Company's internal control over financial reporting during the quarter ended June 30, 2026 that materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.
Text removed vs the prior filing · source: 10-Q · 2026-05-13
In January 2026, the Company appointed Jennifer Kartychak as Vice President of Finance and began transitioning certain finance and accounting functions to internal personnel. In connection with this transition, the Company implemented changes to certain processes and controls relating to its financi…
Subsequent to March 31, 2026, Michael Johnston resigned as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, and Ms. Kartychak was appointed to such positions effective May 1, 2026. Management does not currently believe these changes have materially…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-11
On July 31, 2026, the Company granted an aggregate of 274,000 restricted stock units ("RSUs") to certain employees and consultants under the Company's 2022 Equity Incentive Plan. The grant-date fair value of the RSUs was determined based on the closing price of the Company's common stock on July 31,…
On July 31, 2026, the Company granted an aggregate of 492,050 non-qualified stock options to certain employees, including an officer of the Company, under the Company's 2022 Equity Incentive Plan. The options have an exercise price equal to the closing price of the Company's common stock on the gran…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
●On April 13, 2026, the Company issued to its Chief Executive Officer, Steven Rossi, 88,214 shares of the Company’s common stock, par value $0.001 per share at a deemed price of $0.8502 per share, representing the closing price of the Company’s Common Stock on the Nasdaq Capital Market on April 10, …
●On April 20, 2026, the Company announced the official commercial launch and commencement of sales for its highly anticipated NEXUS Tonneau Cover, a premium tonneau cover, with innovative features previously unseen in the market. Production began on the NEXUS cover on April 13, 2026, and early deman…
●On April 29, 2026, the Company announced that it secured Tri-State Enterprises, Inc. (“Tri-State”) as a new cross-regional distribution partner for the Company’s growing tonneau cover lineup, including the Company’s recently launched NEXUS cover.
●On April 30, 2026, Michael Johnston resigned as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective April 30, 2026. Mr. Johnston’s resignation was not the result of any disagreement with the Company regarding its operations, policies or pra…
●On April 30, 2026, the Company’s Board of Directors appointed Jennifer Kartychak as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective May 1, 2026. Ms. Kartychak has served as the Company’s Vice President of Finance since January 1, 2026. …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice