Worksport Ltd. (WKSP)

Worksport Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.86	3.37	14.62	28.57	1.11	0.01
Short-Term Investments	-	1.49	0.7	0.38	0.01	-
Cash & Short-Term Investments	1.86	4.86	15.32	28.95	1.12	0.01
Cash Growth	-49.24%	-68.29%	-47.08%	2479.61%	9258.10%	-52.64%
Accounts Receivable	0.47	0.46	0.06	0.06	0.12	0
Other Receivables	0.15	0.17	0.27	0.18	0.17	0.06
Receivables	0.63	0.63	0.33	0.25	0.29	0.07
Inventory	6.14	3.63	1.35	0.5	0.04	0.11
Prepaid Expenses	0.26	0.01	1.33	4.33	0.23	0.06
Total Current Assets	8.89	9.12	18.33	34.03	1.68	0.25
Property, Plant & Equipment	14.62	15.4	12.53	1.64	0.13	0.15
Long-Term Investments	0.09	0.07	-	-	0.02	-
Other Intangible Assets	1.34	1.34	1.27	0.59	0.06	0.06
Other Long-Term Assets	-	0.02	0.63	0.02	-	0.02
Total Assets	24.94	25.95	32.76	36.29	1.9	0.48
Accounts Payable	2.46	1.45	2.03	1.03	0.89	0.9
Accrued Expenses	0.11	0.09	-	0.22	0.13	0.11
Short-Term Debt	-	0	0.05	0.33	0.67	0.3
Current Portion of Long-Term Debt	0.19	5.3	-	-	-	-
Current Portion of Leases	0.25	0.33	0.39	0.21	0.02	0.02
Total Current Liabilities	3.01	7.17	2.46	1.8	1.72	1.32
Long-Term Debt	5.14	-	5.3	-	-	-
Long-Term Leases	0.43	0.61	0.88	0.32	0.01	0.04
Total Liabilities	8.58	7.78	8.65	2.11	1.73	1.36
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	72.51	64.69	56.92	54.61	12.67	8.64
Retained Earnings	-60.18	-48.31	-33.38	-20.85	-12.87	-11.68
Comprehensive Income & Other	4.02	1.8	0.58	0.42	0.37	2.15
Total Common Equity	16.36	18.18	24.12	34.18	0.17	-0.88
Shareholders' Equity	16.36	18.18	24.12	34.18	0.17	-0.88
Total Liabilities & Equity	24.94	25.95	32.76	36.29	1.9	0.48
Total Debt	6.01	6.24	6.62	0.86	0.71	0.36
Net Cash (Debt)	-4.15	-1.38	8.7	28.09	0.41	-0.35
Net Cash Growth	-	-	-69.02%	6760.26%	-	-
Net Cash Per Share	-0.17	-0.08	0.51	2.44	0.15	-0.19
Filing Date Shares Outstanding	32.94	24.1	17.16	16.96	8.25	2.35
Total Common Shares Outstanding	17.44	20.32	17.16	16.95	3.82	2.1
Working Capital	5.88	1.96	15.87	32.24	-0.03	-1.07
Book Value Per Share	0.94	0.89	1.41	2.02	0.04	-0.42
Tangible Book Value	15.03	16.84	22.85	33.59	0.11	-0.94
Tangible Book Value Per Share	0.86	0.83	1.33	1.98	0.03	-0.45
Land	-	2.24	2.24	-	-	-
Buildings	-	6.08	6.08	-	-	-
Machinery	-	6.97	2.86	0.83	0.08	0.08
Leasehold Improvements	-	0.86	0.68	0.37	0.02	0.02

Source: S&P Capital IQ. Standard template. Financial Sources.