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Worksport Ltd: 10-Q filed 2020-08-27

What Worksport Ltd reported in its quarterly report filed 2020-08-27 (fiscal Q2 2020): 34 published measures, 90 facts as tagged in accession 0001493152-20-016843.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-27
Fiscal period
fiscal Q2 2020
Accession
0001493152-20-016843 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Worksport Ltd filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-06-30742,729USD
At 2019-12-31481,308USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2020-06-301,525,351USD
At 2019-12-311,363,869USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2020-06-30-782,622USD
At 2020-03-31-727,327USD
At 2019-12-31-882,561USD
At 2019-06-30-341,792USD
At 2019-03-31-310,868USD
At 2018-12-31-223,560USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2020-06-3021,111USD
At 2019-12-3111,993USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-192,185USD91
2020-01-01 to 2020-06-30-344,451USD182
2020-01-01 to 2020-03-31-152,266USD91
2019-04-01 to 2019-06-30-1,748USD91
2019-01-01 to 2019-06-30-128,220USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-229,553USD182
2019-01-01 to 2019-06-3099,896USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2019-01-01 to 2019-06-301,198USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2020-04-01 to 2020-06-3066,102USD91
2020-01-01 to 2020-06-30107,129USD182
2019-04-01 to 2019-06-30516,696USD91
2019-01-01 to 2019-06-301,088,974USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-01-01 to 2020-06-30247,435USD182
2019-01-01 to 2019-06-3025,688USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-8,764USD182
2019-01-01 to 2019-06-30-1,198USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2020-06-30-12,022,864USD
At 2019-12-31-11,678,413USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2020-06-3093,103USD
At 2019-12-3194,695USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-133,277USD91
2020-01-01 to 2020-06-30-257,732USD182
2020-01-01 to 2020-03-31-124,455USD91
2019-04-01 to 2019-06-3010,689USD91
2019-01-01 to 2019-06-30-76,624USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2020-06-30519,498USD
At 2019-12-31253,685USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-04-01 to 2020-06-3058,908USD91
2020-01-01 to 2020-06-3086,719USD182
2019-04-01 to 2019-06-3012,437USD91
2019-01-01 to 2019-06-3051,596USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-06-301,452,715USD
At 2019-12-311,324,684USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2020-06-3056,120USD
At 2019-12-3157,145USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2020-06-3038,380USD
At 2019-12-312,974USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-04-01 to 2020-06-30140,496USD91
2020-01-01 to 2020-06-30278,967USD182
2020-01-01 to 2020-03-31138,471USD91
2019-04-01 to 2019-06-30134,321USD91
2019-01-01 to 2019-06-30360,964USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-06-3053,020USD
At 2019-12-31113,156USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-04-01 to 2020-06-307,219USD91
2020-01-01 to 2020-06-3021,235USD182
2019-04-01 to 2019-06-30145,010USD91
2019-01-01 to 2019-06-30284,340USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2020-06-3052,729,916shares
At 2019-12-3141,906,790shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2020-06-309,996,390USD
At 2019-12-318,642,423USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-06-3049,585USD
At 2019-12-3160,125USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2020-06-3049,584USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2020-06-3070USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2020-06-30274,346USD
At 2019-12-3160,741USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-192,185USD91
2020-01-01 to 2020-06-30-344,451USD182
2020-01-01 to 2020-03-31-152,266USD91
2019-04-01 to 2019-06-30-30,924USD91
2019-01-01 to 2019-06-30-148,231USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2020-04-01 to 2020-06-3012,824USD91
2020-01-01 to 2020-06-3046,730USD182
2019-04-01 to 2019-06-3017,216USD91
2019-01-01 to 2019-06-3057,787USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-58,908USD91
2020-01-01 to 2020-06-30-86,719USD182
2019-04-01 to 2019-06-30-12,437USD91
2019-01-01 to 2019-06-30-51,596USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2020-01-01 to 2020-06-307,400USD182
2019-01-01 to 2019-06-3042,608USD181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2020-01-01 to 2020-06-3018,111USD182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-35,406USD182
2019-01-01 to 2019-06-30-60,649USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-06-3060,136USD182
2019-01-01 to 2019-06-303,820USD181

Inspect the source

Entity
Worksport Ltd / CIK 0001096275
Captured
2026-09-19T11:16:28.677Z
SEC response SHA-256
8d59148273aa06c4ca00e978e85a2a59f8658a3b56f554e3f9e02960a52089e6

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001096275.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))