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Worksport Ltd

Public

Transportation · West Seneca, NY

Estimated pre-money ⓘ
$16.0M
As of Apr 2025 · from Reg A Offering (2025) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$32,219,038
Crowd $0 · Private $32.2M · 11 rounds since 2014
Latest share price
$74.985
Section 4(a)(2) · Common Stock · Sep 2024 disclosed sale · in today's shares

Financials

FY2002–FY2025 · from SEC filings · hover any figure for its source
$482K
−$1.8M
2018
$1.9M
−$415K
2019
$346K
−$1.2M
2020
$304K
−$7.9M
2021
$117K
−$12.5M
2022
$1.5M
−$14.9M
2023
$8.5M
−$16.2M
2024
$16.1M
−$19.4M
2025
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 16 earlier years are in the table below.

Metric
FY2002 audited
FY2003 audited
FY2004 audited
FY2005 audited
FY2006 audited
FY2007 audited
FY2008 audited
FY2009 audited
FY2010 audited
FY2011 audited
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
—
—
—
—
—
—
—
—
$0
$0
$0
$465,812
$593,004
$651,667
$361,123
$408,701
$481,521
$1,926,405
$346,144
$303,750
$116,502
$1,529,632
$8,484,379
$16,101,738
Cost of goods sold
—
—
—
—
—
—
—
—
—
—
—
$347,749
$435,401
$532,581
$334,060
$231,771
$384,908
$1,687,858
$298,996
$350,702
$56,967
$1,289,118
$7,578,729
$11,626,831
Gross margin
—
—
—
—
—
—
—
—
—
—
—
25%
27%
18%
7%
43%
20%
12%
14%
-15%
51%
16%
11%
28%
Net income
-$60,100
-$41,245
-$31,996
-$32,146
-$32,146
-$32,146
-$43,841
$360,318
-$13,555
-$11,908
-$22,554
-$19,098
-$479,341
-$3,487,757
-$1,136,220
-$3,403,106
-$1,763,038
-$414,607
-$1,187,620
-$7,897,085
-$12,534,414
-$14,928,958
-$16,163,789
-$19,352,297
Taxes paid
—
—
—
—
—
—
—
—
$0
$0
$0
$1,927
—
—
—
—
—
—
—
—
—
—
—
—
Balance sheet
Cash
—
—
—
—
—
—
—
$0
$670
$0
$318
$982
$155,735
$14,466
—
$66,961
$25,323
$11,993
$1,107,812
$28,567,333
$14,620,757
$3,365,778
$4,883,099
$5,945,894
Accounts receivable
—
—
—
—
—
—
—
—
—
—
—
$30,233
$26,394
$95,563
$81,146
$189,502
$61,883
$67,795
$122,787
$62,684
$62,601
$463,122
$330,000
$503,971
Total assets
—
—
—
—
—
—
—
—
—
$0
$318
$982
$284,586
$302,772
$336,749
$905,470
$557,368
$481,308
$1,902,152
$36,294,099
$32,764,130
$25,953,916
$25,736,660
$30,714,074
Short-term debt
—
—
—
—
—
—
—
—
—
—
—
—
—
$46,100
$210,069
$275,844
$287,425
$278,938
$367,058
$263,211
—
$5,300,000
$222,992
$1,686,809
Long-term debt
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
$72,636
—
—
—
$5,300,000
$5,264,510
$2,675,158
Total liabilities
—
—
—
—
—
—
—
—
$1,556
$2
$1,530
$972
$2,435
$299,053
$1,341,616
$533,939
$780,928
$1,363,869
$1,732,677
$2,113,777
$8,645,876
$7,775,373
$8,323,029
$7,837,853
Other
Headcount
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1
—
—
—
71
71
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$4.4M
est. pre-money
$32.5M
est. pre-money
$16.0M
est. pre-money
Reg A+ · Equity · Jul 2020
Reg A+ · Equity · Jul 2024
Reg A+ · Equity · Apr 2025

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of May 20, 2025
Series A Preferred Stock · 0%Common Stock · 100.0%
ClassOutstandingVotes / shareShare of totalLast price
Series A Preferred Stockpreferred100—0%—
Common Stock4,933,053—100.0%$74.99Nov 2024
Total4,933,153100%

Shares outstanding over timein today's share terms

220K110K0
Jun 2004Apr 2025
Common StockSeries A Preferred StockRound openedSplit / conversion

Principal holders% as the filing states it, Mar 26, 2026

  • Steven Rossi100 Series A Preferred Stock51.0%of votes
  • Steven Rossi628,838 Common Stock5.3%of company
  • Lorenzo Rossi38,750 Common Stock0.33%of company
  • Craig Loverock19,563 Common Stock0.16%of company
  • Ned L. Siegel19,563 Common Stock0.16%of company
  • William Caragol19,563 Common Stock0.16%of company
  • Everyone else (not named in filings)42.9%

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg A+ · Equity · Apr 2025Closedvia Digital Offering LLC
Raised $0 / $10MEst. pre-money $16M
Reg A+ · Equity · Jul 2024Closedvia DealMaker
Raised $0 / $18.3MEst. pre-money $32.5M
Reg A+ · Equity · Jul 2020Closedvia DALMORE GROUP LLC
Raised $0 / $9MEst. pre-money $4.4M
Raised $2.8MInvestors 1
Raised $5.1MInvestors 15
Raised $200KInvestors 1
Raised $662.8KInvestors 2

Team

6 people
Steven Rossi
Chief Executive Officer, President, Secretary, Chair of the Board (Principal Executive Officer)
Michael Johnston
Chief Financial Officer (Principal Financial and Accounting Officer)
Craig Loverock
Independent Director*
Ned L. Siegel
Independent Director&dagger
William Caragol
Independent Director#
Lorenzo Rossi
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 10-QAug 11, 20260001437749-26-026997
    EDGAR
  • Form 10-QMay 13, 20260001493152-26-022706
    EDGAR
  • Form 10-KMar 26, 20260001493152-26-012945
    EDGAR
  • Form 10-QNov 13, 20250001493152-25-022113
    EDGAR
  • Form 10-QAug 13, 20250001641172-25-023334
    EDGAR
  • Form QUALIFMay 27, 20259999999994-25-000091
    EDGAR
  • Form 1-A/AMay 20, 20250001641172-25-011808
    EDGAR
  • Form 10-QMay 15, 20250001641172-25-010837
    EDGAR
Source: SEC EDGARCIK 0001096275NVShare price $3.25Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.