Worksport Ltd (WKSP)

What is the timeline here on getting delisted from NASDAQ?

This company is sinking deeper into the hole. The only one here that's making money is the CEO who makes $400,000 a yr. And the company is losing money which will be hard the make a come back.

Could be the rapid cash burn. They are betting, it seems, that they can make up for it with revenue, and the market isn't convinced at this point. Fear of dilution to stay in business.

News out and the stock goes down again. I do not understand this. Does anyone have a reason why this is so low?

GLTA
LLH

Worksport (NASDAQ:WKSP) Secures U.S. Patent For 'Industry-First' Zerofrost Heat Pump Through Its Subsidiary, Terravis EnergyMay 26, 2026 8:15 AM
ACCESS NewswireNewly issued U.S. Patent No. 12,624,872 strengthens Worksport's clean-energy intellectual property around ZeroFrost™, the proprietary AetherLux™ heat-pump architecture designed to address one of the largest barriers to cold-climate heat-pump adoption: frost buildup and defrost-cycle performance loss.WEST SENECA, NY / ACCESS Newswire / May 26, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets today announced that its clean-energy subsidiary, Terravis Energy, has been issued U.S. Patent No. 12,624,872 B2 by the United States Patent and Trademark Office for its AetherLux™ heat-pump system incorporating ZeroFrost™ technology. The patent, titled "Heat Pump System and Components Thereof," protects core and ancillary system architecture features related to the Terravis Energy's ZeroFrost platform, including proprietary configurations designed to support continuous heating performance while reducing or eliminating the need for conventional defrost cycles. Further patent applications are pending in various jurisdictions worldwide.Worksport expects certification for this technology within second half of 2026. The technology has attracted interest from several Fortune 500 companies, hundreds of dealers, and the Department of Energy's NLR Alaska Lab.Why This MattersHeat pumps are becoming a mainstream global solution for efficient residential and commercial heating and cooling. Grand View Research reports that heat pumps will more than double in market size to $200B by 2033, with adoption especially strong in colder countries such as Norway, Sweden, and Finland. However, a key misconception is that cold-climate heat pumps are only for extreme markets like Alaska, while the data supports that they are increasingly relevant across large heating markets in the northern U.S., Canada, Europe, and China.One of the remaining barriers is frost. When frost builds on outdoor coils, conventional heat pumps often must interrupt heating, reverse operation, or rely on backup heat to clear ice. Worksport believes its patented ZeroFrost™ architecture directly targets this issue by supporting more dependable heating performance in all-weather conditions.The timing is also aligned with broader market momentum. In New York, NYSERDA identifies heat pumps as a smarter, more efficient option for heating and cooling buildings, and the state has banned natural gas lines in new constructions, leaving heat-pumps as the go-to option.Worksport believes ZeroFrost directly targets this industry limitation. The AetherLux Pro system is being developed to deliver dependable heating in harsh climates by addressing frost formation at the system level, rather than treating defrost as an unavoidable operating interruption.Patent Coverage and Strategic ProtectionThe newly issued patent is expected to strengthen Worksport's defensible position around AetherLux and ZeroFrost as the Company advances third-party validation, certification work, strategic partner discussions, and future commercialization planning. The patent generally covers an antifreeze coil proximate to a refrigerant coil at the outdoor heat exchanger for reducing temperature of the refrigerant coil, thus reducing or preventing the formation of frost on the coil, which in turn avoids the requirement for a defrost cycle or supplemental heating source.Worksport continues to view AetherLux (owned by its Subsidiary Company, Terravis Energy) as a strategic upside platform separate from Worksport's current core revenue drivers, which remain tonneau covers, expanded B2B and B2C distribution, NEXUS, SOLIS, and COR. However, the Company believes this patent and multiple related pending patent applications materially strengthen the long-term value of the AetherLux platform by protecting technology that could support future product sales, strategic partnerships, private-label opportunities, and potential licensing pathways.Management Commentary"Securing this patent is an important milestone for Terravis Energy and the AetherLux product line," said Lorenzo Rossi, Chief Executive Officer of Terravis Energy. "ZeroFrost was developed to address one of the most persistent challenges in the heat-pump market: maintaining efficient, reliable heating performance in cold-weather conditions where frost and defrost cycles can disrupt conventional systems. We believe this technology can make advanced heat-pump systems more practical, more dependable, and more attractive across large cold-climate markets."Mr. Rossi continued, "For Terravis Energy, this patent protects more than a product feature. It protects core system architecture behind AetherLux, giving us a stronger foundation for future commercialization, strategic partnerships, and potential licensing opportunities. While Terravis Energy remains separate from Worksport's core 2026 revenue plan, we believe it represents one of the most compelling long-term clean-energy opportunities within the overall Worksport portfolio."Expanding Terravis Energy's IP Position, Benefiting Worksport ShareholdersThe issuance of this patent strengthens Terravis Energy's intellectual property position around AetherLux, its clean heating and cooling product line. Terravis Energy owns and develops the AetherLux platform, while Worksport Ltd. (NASDAQ: WKSP), as the parent company, expects to benefit from the long-term value created by Terravis Energy's protected technology.This distinction is important. Worksport's manufacturing and automotive-accessory operations remain focused on scaling tonneau covers, SOLIS solar covers, and COR portable energy systems. Terravis Energy is advancing AetherLux as a separate clean-energy platform with potential future value through commercialization, strategic partnerships, and licensing opportunities.Management believes this structure allows Worksport to continue executing on its core revenue plan while preserving meaningful upside for WKSP shareholders through Terravis Energy's growing patent-protected technology portfolio. Worksport previously announced significant growth in its global patent portfolio, including both issued patents and pending applications, as part of its broader strategy to protect innovation, strengthen competitive positioning, and support long-term shareholder value.Read More on AetherluxFebruary 11, 2025: Terravis Energy Unveils Revolutionary "No-Defrost" Heat Pump TechnologyOctober 6, 2025: Terravis Energy Selected for Competitive NREL NTAP Award to Analyze ZeroFrost Technology in AlaskaJanuary 27, 2026: Terravis Energy Secures Mass Manufacturing for Aetherlux Heat PumpFebruary 12, 2026: Worksport Confirms Government Evaluation of Aetherlux for Potential Long-Term DeploymentThe Company expects to share additional news on AetherLux withing the second half of 2026, including certification status update, final product specs, and sales pipeline.Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128
W: investors.worksport.com
W: www.worksport.com
E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)
Steven Rossi LinkedInAbout WorksportWorksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with WorksportPlease follow the Company's social media accounts on X (previously Twitter), Facebook,LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media DisclaimerThe Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking StatementsThe information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ:WKSP) Secures U.S. Patent For 'Industry-First' Zerofrost Heat Pump Through Its Subsidiary, Terravis Energy

Institutional holders...tons of ever increasing revenues...fair market value in this sector should equal a pps of 50 to 100 dollars

Worksport (NASDAQ:WKSP) Reports Q1 Revenue Up 48%, Gross Profit Up 116% (YOY)
May 13, 2026 4:25 PM

Worksport (NASDAQ:WKSP) Reports Q1 Revenue Up 48%, Gross Profit Up 116% (YOY)May 13, 2026 4:25 PM
ACCESS NewswireQ1 net sales reached $3.3 million with gross margin of 26%; Company enters Q2 with SOLIS and COR shipping, COR certified, NEXUS launched, Tri-State distribution added, and operational cash-flow targeted within 2026.WEST SENECA, NY / ACCESS Newswire / May 13, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced financial results for the first quarter ended March 31, 2026, with net sales increasing 47.9% year-over-year to $3.3 million and gross profit increasing 115.5% year-over-year to $854,000 as the Company advanced from product launch readiness into broader commercialization.Q1 2026 was an investment and launch-readiness quarter for Worksport. During the period, the Company expanded product availability, funded inventory for recently launched products, strengthened sales channels, and prepared its newest product platforms for commercialization. Management believes these actions position Worksport for stronger sales conversion in Q2 2026 and the second half of the year.Q1 2026 Financial HighlightsNet sales increased 47.9% to $3.31 million, compared to $2.24 million in Q1 2025.Gross profit increased 115.5% to $853,946, compared to $396,221 in Q1 2025.Gross margin improved to 26%, compared to 18% in Q1 2025, an 800 basis point year-over-year improvement.U.S. net sales represented approximately 99% of total Q1 revenue.Hard tonneau covers generated approximately 99% of total Q1 net sales.B2C sales were approximately $1.8 million on approximately 1,700 covers.B2B sales were approximately $1.5 million on approximately 2,300 covers.Inventory increased to $11.6 million, reflecting product readiness for SOLIS, COR, NEXUS, and ongoing tonneau cover demand scale-up.Net property and equipment stood at $13.3 million, anchored by the Company's West Seneca, New York manufacturing facility.Worksport's full 10-Q 2026 is accessible here: https://www.nasdaq.com/market-activity/stocks/wksp/sec-filingsWorksport's management will host a conference call and live webcast at 4:30 PM ET to discuss the Company's financial performance, operational progress, and outlook. During the call, management is expected to provide additional details on the Company's roadmap toward achieving cash-flow positive operations, along with commentary on key strategic initiatives and product developments. Participants in the webcast will have the chance to do live Q&A with the Worksport Management team.Webcast RegistrationInvestors, analysts, and members of the media are invited to register in advance for the live webcast. During the call, Worksport's leadership will provide insights into the Company's recent financial results, updated outlook, and strategic initiatives supporting its continued growth.Register Here: [Conference Call Registration]https://us06web.zoom.us/webinar/register/6217731586410/WN_BqZuJOiSRimbT2I3u1ZnBQWhy Q1 Matters: From Buildout to ConversionQ1 operating cash use was elevated as Worksport funded inventory, supported product launches, reduced prior-period obligations, and invested in marketing campaigns tied to SOLIS, COR, NEXUS, and the broader brand. Management views this as a working-capital investment intended to support product availability and sales-channel activation for the remainder of 2026. As of March 31, 2026, Worksport had $11.6 million in inventory, approximately $6.6 million in working capital.Management's near-term priority is to convert inventory into revenue, improve channel-level gross margin, optimize marketing return on investment, and reduce operating cash consumption as launch-related spending normalizes.2026 OutlookThe Company expects fiscal 2026 growth to be driven primarily by its tonneau cover business, expanded B2B and B2C sales channels, the newly launched NEXUS cover, and early contribution from SOLIS and COR. Worksport's recent distribution partnership with Tri-State is expected to be the first of more distributors joining Worksport's network as a result of Worksport's growing consumer awareness.The Company also plans to provide annual financial guidance early each calendar year rather than updating guidance quarterly, allowing management to focus on long-term execution, durable revenue growth, cash-flow discipline, and shareholder value creation.Terravis Energy and AetherLux UpdateWorksport's clean energy subsidiary, Terravis Energy, continued advancing its AetherLux™ ZeroFrost heat pump platform during Q1 2026. Management has stated that a large government entity is monitoring upcoming laboratory performance results as part of an internal evaluation process, while certification work is progressing with AHRI, ENERGY STAR, and other North American certification milestones targeted within 2026.The Company is not currently projecting AetherLux revenue in 2026. Management views AetherLux as a strategic upside platform separate from the core 2026 revenue drivers, which are expected to come from tonneau covers and early SOLIS/COR commercialization.Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128
W: investors.worksport.com W: www.worksport.com E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)Steven Rossi LinkedInAbout WorksportWorksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with WorksportPlease follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media DisclaimerThe Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking StatementsThe information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ:WKSP) Reports Q1 Revenue Up 48%, Gross Profit Up 116% (YOY)

People don't have very much confidence going into the close as far as earning s go.

Worksport (NASDAQ: WKSP) Announces Q1 2026 Earnings Call Date and Launch of Investor Townhall SeriesMay 7, 2026 8:35 AM
ACCESS NewswireWorksport will host its Q1 2026 earnings conference call on May 13, 2026, at 4:30 p.m. ET, followed immediately by the Company's inaugural investor townhall with CEO commentary, business updates, and shareholder Q&A.WEST SENECA, NY / ACCESS Newswire / May 7, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that it will host its first quarter 2026 earnings conference call on Wednesday, May 13, 2026, at 4:30 p.m. Eastern Time.Immediately following the earnings call, Worksport will hold its inaugural investor townhall, introducing a new, recurring communication platform designed to provide shareholders with more direct access to the Company's leadership team.Webcast RegistrationInvestors, analysts, media, and other interested parties are invited to register in advance for the live webcast. During the earnings call, Worksport management will discuss the Company's Q1 2026 results and provide commentary on recent business developments.Register Here: [WKSP Conference Call Registration Link]Full URL: https://us06web.zoom.us/webinar/register/6417779145998/WN_xGJ3UtTtRl2z1yi2MC7D0wEarnings Call and Townhall DetailsDate: May 13, 2026
Time: 4:30 p.m. ET
Format: Live webcast with management discussion and Q&A
Townhall: Begins immediately following the earnings conference callThe earnings call transcript, presentation materials, and audio replay are expected to be available on the Worksport investor relations website after the call.Introducing Worksport's Investor Townhall SeriesThe May 13 event will mark the first of a planned periodic townhall series, where Worksport intends to maintain an ongoing, open line of communication with its shareholders, supporters, and broader investor community.These sessions are designed to go beyond traditional earnings commentary, offering:Commentary on recent announcements and operational progressCEO-led discussion on strategic direction and prioritiesReal-time updates on product development and commercializationAn open forum for investor questions and dialogueAll shareholders, supporters, and interested participants are invited to attend. The Company welcomes all interested participants and encourages attendees to share the registration link with others who wish to learn more about Worksport's business and strategy.Investors are encouraged to submit questions in advance by emailing investors@worksport.com, with management addressing selected questions during the live townhall, subject to time and disclosure considerations.Steven Rossi, Chairman and Chief Executive Officer of Worksport, commented: "Worksport is building a business that we believe deserves a more direct and open line of communication with its shareholders. Our earnings call will cover the financial results, but the townhall gives us the opportunity to go deeper, explain the thinking behind recent developments, and speak more directly about where we are focused next. We want shareholders to better understand not only what we are doing, but why we believe these steps matter for long-term value creation."Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128W: investors.worksport.com/ W: www.worksport.com E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)Steven Rossi LinkedInAbout WorksportWorksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with WorksportPlease follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media DisclaimerThe Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking StatementsThe information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ: WKSP) Announces Q1 2026 Earnings Call Date and Launch of Investor Townhall Series

Worksport (NASDAQ:WKSP) Appoints Jennifer Kartychak As CFO to Drive Financial Scale-UpMay 6, 2026 8:15 AM
ACCESS NewswireNew CFO brings public-company reporting, manufacturing finance, technical accounting, governance, and cash-flow planning experience in-house as Worksport scales toward its 2026 growth targets.WEST SENECA, NY / ACCESS Newswire / May 6, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that its Board of Directors has appointed Jennifer Kartychak, CPA, as Chief Financial Officer, effective May 1, 2026.Kartychak will also serve as Worksport's Principal Financial Officer and Principal Accounting Officer. Her appointment brings a seasoned finance leader with direct Worksport experience into the CFO role as the Company continues scaling production, expanding distribution, and advancing its previously stated objective of achieving initial operational cash-flow positivity.Why This Appointment MattersKartychak has worked with Worksport since August 2023 through Arend Advisory Group, LLC, an entity wholly owned by her, before joining the Company full-time as Vice President of Finance on January 1, 2026. This internal promotion places the CFO role with a seasoned and vetted finance executive who already understands Worksport's manufacturing operations, reporting requirements, cost structure, revenue ramp, and long-term financial objectives.As Vice President of Finance for the last 4 months, Kartychak has already been instrumental in supporting a more process-led budgeting approach, strengthening financial reporting cadence, and helping develop the Company's planning around cash-flow positivity. Worksport believes her appointment supports the Company's transition toward a deeper in-house finance function built for scale, accountability, and faster decision-making.Big Four, Public Company, and Manufacturing Finance ExperienceKartychak brings over 25 years of accounting experience, including approximately five years with Ernst & Young LLP, where she advanced to Manager in the firm's Assurance Services practice. Her background includes manufacturing, public-company reporting, technical accounting, governance practices, internal reporting, acquisitions and divestitures, and executive-level finance support.Kartychak's experience also includes approximately six years as Corporate Accounting Manager at Moog Inc., a publicly traded manufacturing company. During her tenure, she assumed increasing levels of responsibility and gained extensive experience with SEC reporting requirements, governance practices, operational reporting and complex accounting matters.Kartychak holds Bachelor of Science degrees in Accounting and Accounting Information Systems from Canisius University. She is a Certified Public Accountant licensed in the State of New York and a member of the American Institute of Certified Public Accountants.Shareholder-Aligned Financial ExecutionKartychak's disclosed incentive structure includes performance-based objectives tied to finance milestones that matter to shareholders, including timely SEC reporting, monthly consolidated reporting, internal control framework development, SG&A savings and gross margin improvement opportunities, and progress toward cash-flow breakeven. A portion of her equity incentive is also tied to Board approval of a three-year financial roadmap and achievement of cash-flow breakeven, aligning her compensation with Worksport's execution priorities."Jennifer has earned this role through technical strength, judgment, and a deep understanding of where Worksport is headed," said Steven Rossi, Founder and Chief Executive Officer of Worksport. "As we scale revenue, expand distribution, and pursue operational cash-flow positivity, we need deep finance leadership - a partner who can help translate manufacturing activity, margin discipline, working capital, and SG&A decisions into a clear operating plan. Jennifer brings that capability, and she already knows our business from the inside."Rossi continued, "I also want to sincerely thank Mike Johnston for his long-standing service to Worksport. Mike has been part of the Company through important stages of its initial development, and we appreciate his professionalism, loyalty, and contributions. We wish him the very best in his next chapter."Worksport also announced that Mr. Michael Johnston resigned as Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer effective April 30, 2026. As disclosed in the Company's Current Report on Form 8-K, Mr. Johnston's resignation was not the result of any disagreement with the Company regarding its operations, policies, practices, financial reporting, or accounting practices."I am honored to step into the CFO role at such an important point in Worksport's evolution," said Jennifer Kartychak. "The Company has built a strong platform across U.S. manufacturing, product innovation, and distribution. My focus is to help convert that platform into disciplined financial execution, stronger internal processes, and a clear path toward sustainable growth and cash-flow performance."Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128W: investors.worksport.com W: www.worksport.com E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)Steven Rossi LinkedInAbout WorksportWorksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with WorksportPlease follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media DisclaimerThe Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking StatementsThe information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ:WKSP) Appoints Jennifer Kartychak As CFO to Drive Financial Scale-Up

Worksport (NASDAQ:WKSP) Invited to Present at D. Boral 2026 Global ConferenceMay 4, 2026 8:46 AM
ACCESS NewswireWorksport CEO Steven Rossi will share the Company's growth story with institutional investors in New York City as Worksport continues expanding commercial execution, product availability, and investor visibility. Existing shareholders may also request meetings with Worksport management on May 6 and May 7.WEST SENECA, NY / ACCESS Newswire / May 4, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that Chief Executive Officer Steven Rossi has been invited to attend the D. Boral Capital 2026 Global Conference on May 7, 2026, in Manhattan, New York City.The conference is expected to provide Worksport with direct access to institutional investors, capital markets professionals, and emerging-growth company stakeholders. Mr. Rossi will present Worksport's growth story, including the Company's expanding U.S. manufacturing footprint, growing tonneau cover portfolio, recently launched clean energy products, and strategy to scale toward its previously issued 2026 revenue guidance.Investor Meeting Availability
Worksport's CEO and Investor Relations team will be available for meetings with existing shareholders on May 6 and May 7 in Manhattan, New York City.Retail investors interested in requesting a meeting may contact: investors@worksport.comInstitutional investors interested in meeting with Worksport at the conference may contact: dbcconferenceteam@dboralcapital.comInstitutional Visibility at a Key Growth Stage
Worksport's participation comes as the Company continues executing across multiple commercial priorities, including broader distribution for its tonneau cover lineup, continued rollout of its SOLIS™ solar tonneau cover and COR™ portable energy system, and deeper engagement with investors as the Company works toward higher revenue scale and cash-flow objectives.Management believes the D. Boral conference offers an opportunity to communicate Worksport's progress directly to new institutional audiences and strengthen relationships with the capital markets community.Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128W: investors.worksport.com, W: www.worksport.com, E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)Steven Rossi LinkedInAbout Worksport
Worksport Ltd. (NASDAQ:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with Worksport
Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media Disclaimer
The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking Statements
The information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ:WKSP) Invited to Present at D. Boral 2026 Global Conference

Worksport (NASDAQ:WKSP) Secures Tri-State Distribution, Books Initial Orders, Projected to be 7-Figure + Annual AccountApril 29, 2026 8:31 AM
ACCESS NewswirePartnership advances Worksport's 2026 U.S. distribution expansion strategy, accelerating velocity and building recurring revenue from high-volume accounts.WEST SENECA, NY / ACCESS Newswire / April 29, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that it has secured Tri-State Enterprises, Inc. ("Tri-State") as a new cross-regional distribution partner for Worksport's growing tonneau cover lineup, including the Company's recently launched Nexus cover.Last week, the Company received two initial purchase orders with a broad spectrum of SKUs and quantity, with another order anticipated in the coming days tied to near-term sales activity. This early traction reflects immediate demand following onboarding and signals strong momentum as Worksport expands its U.S. distribution footprint.Projected Account GrowthWorksport projects the new Tri-State account to generate seven-figure revenue in the near term, with the potential to evolve into a recurring multi-million-dollar contributor to net sales growth. This outlook is supported by expanding product availability, increasing customer adoption, and deeper penetration of Worksport's premium tonneau cover lineup across Tri-State's distribution footprint.Tri-State is a family-operated automotive aftermarket distributor headquartered in Fort Smith, Arkansas, with locations across Arkansas, Missouri, Oklahoma, and Texas. The company operates approximately one million square feet of warehouse space and is a member of both the Pronto Network and The AAM Group. Tri-State maintains a strong service advantage across its regions, offering "same-day" delivery to select locations within its network of thousands of wholesale customers - a key capability that may position Worksport to access just-in-time demand across key markets. Truck bed covers are among Tri-State's top product categories, making this relationship a highly aligned and strategic addition to Worksport's expanding dealer and distributor network.Big Money Show Accelerates Nexus ExposureOn April 25, 2026, Worksport attended Tri-State's Big Money Show to introduce its product lineup directly to a broader customer base, with particular focus on Worksport's Nexus tonneau cover, following its recent commercial launch. Nexus is designed to address a key market gap in premium hard folding tonneau covers by offering a proprietary single-side opening system, allowing users to operate the cover from either side of the truck. This cover continues to gain significant traction and was a contributing factor to landing the Tri-State account.The Company believes this direct selling event provided both near-term revenue opportunity and meaningful brand exposure among active aftermarket buyers. Worksport views the event as an important step in accelerating Nexus adoption through distribution and professional aftermarket channels.Strategic Distribution ExpansionThis new relationship supports Worksport's broader 2026 strategy to expand its U.S. dealer and distributor network, increase sell-through velocity, and build recurring revenue from high-volume regional accounts.The Company believes Tri-State's established customer relationships, warehouse capacity, and strong presence in the South and Central U.S. create a scalable distribution channel for Worksport's tonneau cover portfolio. As Worksport continues ramping production and widening availability of its recently launched products, management expects distributor-led sales to play an increasingly important role in achieving its 2026 revenue objectives."We believe that a relationship with Tri-State is an important commercial win because it places Worksport products into a highly relevant, high-volume aftermarket distribution channel," said Steven Rossi, Chief Executive Officer of Worksport. "The initial purchase orders are encouraging, but the larger opportunity is the account's projected annual volume and the ability to introduce Nexus to a broader customer base at the exact time we are scaling production and distribution. We believe relationships like this can help convert product innovation into repeatable revenue, stronger brand recognition, and long-term shareholder value."Worksport expects to continue expanding its distributor base throughout 2026 as it advances commercialization of Nexus, its broader tonneau cover lineup, and its clean energy product ecosystem.Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's NewsletterContactsInvestor Relations, Worksport Ltd. T: 1 (888) 554-8789-128W: investors.worksport.com, W: www.worksport.com, E: investors@worksport.comConnect with Worksport Chief Executive Officer, Steven RossiSteven Rossi X (Twitter)Steven Rossi LinkedInAbout WorksportWorksport Ltd. (NASDAQ:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.Connect with WorksportPlease follow the Company's social media accounts on X (previously Twitter), Facebook,LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.Social Media DisclaimerThe Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.Forward-Looking StatementsThe information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.SOURCE: Worksport Ltd.View the original press release on ACCESS NewswireOriginal: Worksport (NASDAQ:WKSP) Secures Tri-State Distribution, Books Initial Orders, Projected to be 7-Figure + Annual Account

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