Worksport Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3.76	4.88	3.37	14.62	28.57	1.11
Short-Term Investments	0.21	0.09	1.49	0.7	0.38	0.01
Cash & Short-Term Investments	3.98	4.97	4.86	15.32	28.95	1.12
Cash Growth	111.87%	2.38%	-68.29%	-47.08%	2479.61%	9258.10%
Accounts Receivable	0.52	0.04	0.46	0.06	0.06	0.12
Other Receivables	0.21	0.17	0.17	0.27	0.18	0.17
Receivables	0.72	0.21	0.63	0.33	0.25	0.29
Inventory	6.84	5.19	3.63	1.35	0.5	0.04
Prepaid Expenses	0.84	0.1	0.01	1.33	4.33	0.23
Total Current Assets	12.38	10.48	9.12	18.33	34.03	1.68
Property, Plant & Equipment	13.51	14.24	15.4	12.53	1.64	0.13
Long-Term Investments	0.12	0.07	0.09	-	-	0.02
Other Intangible Assets	1.04	0.95	1.34	1.27	0.59	0.06
Other Long-Term Assets	-	-	-	0.63	0.02	-
Total Assets	27.05	25.74	25.95	32.76	36.29	1.9
Accounts Payable	2.81	1.53	1.26	2.03	1.03	0.89
Accrued Expenses	1.37	1.18	0.28	-	0.22	0.13
Short-Term Debt	-	-	0	0.05	0.33	0.67
Current Portion of Long-Term Debt	1.77	0.22	5.3	-	-	-
Current Portion of Leases	0.11	0.25	0.33	0.39	0.21	0.02
Total Current Liabilities	6.07	3.17	7.17	2.46	1.8	1.72
Long-Term Debt	1.01	4.78	-	5.3	-	-
Long-Term Leases	0.19	0.37	0.61	0.88	0.32	0.01
Total Liabilities	7.27	8.32	7.78	8.65	2.11	1.73
Common Stock	0.01	0	0	0	0	0
Additional Paid-In Capital	95.78	79.78	64.69	56.92	54.61	12.67
Retained Earnings	-77.62	-64.48	-48.31	-33.38	-20.85	-12.87
Comprehensive Income & Other	1.61	2.1	1.8	0.58	0.42	0.37
Total Common Equity	19.78	17.41	18.18	24.12	34.18	0.17
Shareholders' Equity	19.78	17.41	18.18	24.12	34.18	0.17
Total Liabilities & Equity	27.05	25.74	25.95	32.76	36.29	1.9
Total Debt	3.09	5.62	6.24	6.62	0.86	0.71
Net Cash (Debt)	0.89	-0.65	-1.38	8.7	28.09	0.41
Net Cash Growth	-	-	-	-69.02%	6760.26%	-
Net Cash Per Share	0.18	-0.23	-0.78	5.10	24.42	1.50
Filing Date Shares Outstanding	8.25	4.8	2.41	1.72	1.7	0.83
Total Common Shares Outstanding	7.59	4.02	2.03	1.72	1.7	0.38
Working Capital	6.31	7.3	1.96	15.87	32.24	-0.03
Book Value Per Share	2.61	4.34	8.95	14.06	20.16	0.44
Tangible Book Value	18.74	16.46	16.84	22.85	33.59	0.11
Tangible Book Value Per Share	2.47	4.10	8.29	13.32	19.81	0.28
Land	2.24	2.24	2.24	2.24	-	-
Buildings	6.08	6.08	6.08	6.08	-	-
Machinery	8.12	7.49	6.97	2.86	0.83	0.08
Leasehold Improvements	0.87	0.86	0.86	0.68	0.37	0.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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