Worksport (WKSP)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.86 mm	1.86 mm	1.86 mm	1.86 mm	1.86 mm	1.86 mm
Cash burn (monthly)	522.80 k	92.32 k	1.30 mm	1.25 mm	512.64 k	974.62 k
Cash used (since last report)	2.65 mm	467.43 k	6.59 mm	6.33 mm	2.60 mm	4.93 mm
Cash remaining	-789.23 k	1.39 mm	-4.73 mm	-4.47 mm	-737.78 k	-3.08 mm
Runway (months of cash)	-1.5	15.1	-3.6	-3.6	-1.4	-3.2

Beta Read what these cash burn values mean

Financial data from Worksport earnings reports.

Institutional ownership, Q3 2024

WKSP institutional ownership history Ownership history

10.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	25	-28.0%
Opened positions	4	10	-60.0%
Closed positions	11	6	+83.3%
Increased positions	6	5	+20.0%
Reduced positions	1	3	-66.7%

13F shares	Current	Prev Q	Change
Total value	1.50 bn	2.24 bn	-33.1%
Total shares	3.56 mm	3.58 mm	-0.6%
Total puts	0.00	100.00	EXIT
Total calls	0.00	26.30 k	EXIT
Total put/call ratio	–	0.0	–

Largest owners	Shares	Value	Change
Armistice Capital	2.99 mm	$1.28 bn	+35.6%
Geode Capital Management	236.57 k	$101.03 mm	+20.7%
Vanguard	150.54 k	$64.28 mm	0.0%
HRT Financial	45.96 k	$19.00 k	+271.8%
STT State Street	39.71 k	$16.96 mm	0.0%
NTRS Northern Trust	16.78 k	$7.17 mm	0.0%
Two Sigma Securities	15.69 k	$6.70 mm	NEW
Scotia Capital	15.00 k	$6.41 mm	0.0%
Financial Advocates Investment Management	12.50 k	$5.34 mm	NEW
Sigma Planning	10.94 k	$4.67 mm	+3.3%

Largest transactions	Shares	Bought/sold	Change
Armistice Capital	2.99 mm	+786.24 k	+35.6%
Murchinson	0.00	-570.11 k	EXIT
Citadel Advisors	0.00	-99.35 k	EXIT
CVI	0.00	-93.36 k	EXIT
Fund Management B.V. Privium	0.00	-49.27 k	EXIT
Geode Capital Management	236.57 k	+40.54 k	+20.7%
HRT Financial	45.96 k	+33.60 k	+271.8%
Susquehanna International	0.00	-32.63 k	EXIT
UBS UBS	0.00	-26.54 k	EXIT
Warberg Asset Management	0.00	-24.44 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WKSP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Nov 24	Rossi Steven F.	Common Stock	Buy	Acquire P	No	No	0.75	33,333	25.00 k	2,525,871
23 Jul 24	Craig William Loverock	Option Common Stock	Grant	Acquire A	No	No	0.7042	25,000	17.61 k	25,000
23 Jul 24	Craig William Loverock	Option Common Stock	Grant	Acquire A	No	No	0.7042	7,500	5.28 k	7,500
23 Jul 24	Craig William Loverock	Option Common Stock	Sale back to company	Dispose D	No	No	3.61	7,500	27.08 k	0
23 Jul 24	Craig William Loverock	Stock Option Common Stock	Grant	Acquire A	No	No	0.7042	120,000	84.50 k	120,000
23 Jul 24	Craig William Loverock	Stock Option Common Stock	Sale back to company	Dispose D	No	No	1.66	120,000	199.20 k	0
23 Jul 24	Craig William Loverock	NQSO Common Stock	Grant	Acquire A	No	No	0.0001	30,000	3.00	30,000
23 Jul 24	Craig William Loverock	NQSO Common Stock	Sale back to company	Dispose D	No	No	0.0001	30,000	3.00	0
23 Jul 24	Craig William Loverock	NQSO Common Stock	Grant	Acquire A	No	No	0.0001	15,000	1.50	15,000
23 Jul 24	Craig William Loverock	NQSO Common Stock	Sale back to company	Dispose D	No	No	0.0001	15,000	1.50	0