Worksport Ltd: 10-Q filed 2021-11-15
What Worksport Ltd reported in its quarterly report filed 2021-11-15 (fiscal Q3 2021): 35 published measures, 89 facts as tagged in accession 0001493152-21-028372.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2021-11-15
- Fiscal period
- fiscal Q3 2021
- Accession
- 0001493152-21-028372 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 38,604,334 | USD | |
| At 2020-12-31 | 1,902,152 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 2,096,474 | USD | |
| At 2020-12-31 | 1,732,677 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 36,507,860 | USD | |
| At 2021-06-30 | 12,532,106 | USD | |
| At 2020-12-31 | 169,475 | USD | |
| At 2020-09-30 | -444,263 | USD | |
| At 2020-06-30 | -782,622 | USD | |
| At 2019-12-31 | -882,561 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 29,002,627 | USD | |
| At 2020-12-31 | 1,107,812 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | -2,064,281 | USD | 92 |
| 2021-01-01 to 2021-09-30 | -4,099,459 | USD | 273 |
| 2020-07-01 to 2020-09-30 | -604,990 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -949,441 | USD | 274 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | -2,031,966 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -382,352 | USD | 274 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 734,883 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 7,962 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 93,408 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 287,297 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 116,491 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 223,620 | USD | 274 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 32,608,720 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 854,219 | USD | 274 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | -764,089 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -16,727 | USD | 274 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | -17,052,179 | USD | |
| At 2020-12-31 | -12,866,033 | USD |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 5.49 | USD/shares | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 800,970 | USD | |
| At 2020-12-31 | 91,511 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | -2,039,965 | USD | 92 |
| 2021-01-01 to 2021-09-30 | -3,844,347 | USD | 273 |
| 2020-07-01 to 2020-09-30 | -370,613 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -628,345 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 36,762,621 | USD | |
| At 2020-12-31 | 1,684,764 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 26,114 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 275,114 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 190,103 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 276,822 | USD | 274 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 1,728,043 | USD | |
| At 2020-12-31 | 1,718,053 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 442,458 | USD | |
| At 2020-12-31 | 62,948 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 155,266 | USD | |
| At 2020-12-31 | 122,787 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 2,051,563 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 3,852,280 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 392,970 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 671,937 | USD | 274 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 56,205 | USD | |
| At 2020-12-31 | 40,803 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 11,598 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 7,933 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 22,357 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 43,592 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 16,829,037 | shares | |
| At 2020-12-31 | 3,820,618 | shares |
Cash including restricted cash
Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 30,920,477 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 53,279,583 | USD | |
| At 2020-12-31 | 12,665,854 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 573,862 | USD | |
| At 2020-12-31 | 38,506 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 582,680 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 5,360,043 | USD | |
| At 2020-12-31 | 245,526 | USD |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | -2,064,281 | USD | 92 |
| 2021-01-01 to 2021-09-30 | -4,099,459 | USD | 273 |
| 2020-07-01 to 2020-09-30 | -604,990 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -949,441 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 517,735 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 924,041 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 50,836 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 97,566 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | -24,316 | USD | 92 |
| 2021-01-01 to 2021-09-30 | -255,112 | USD | 273 |
| 2020-07-01 to 2020-09-30 | -234,377 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -321,096 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 9,737 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 11,100 | USD | 274 |
Proceeds from issuing common stock
Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 24,398,070 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 250,000 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 32,479 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 122,606 | USD | 274 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 156,822 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -44,423 | USD | 274 |
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.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
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"])))