Worksport Ltd Research And Development Expense

Quick Answer

Worksport Ltd reported Research And Development Expense of $1.54 million for the year ending 2025.

  • Worksport Ltd showed a decrease of -32.8% in Research And Development Expense from 2024 to 2025.
  • This data is from Worksport Ltd's annual report (Form 10-K), filed with the SEC on March 26, 2026.
  • XBRL data for this metric is available from 2013 to 2025 (6 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q1 2024: $381.0 thousand | Q2 2024: $1.05 million | Q3 2024: $396.4 thousand | Q1 2025: $369.6 thousand | Q2 2025: $304.8 thousand | Q3 2025: $301.1 thousand.
  • Over the full 6 years of available data (2013 to 2025), Worksport Ltd's Research And Development Expense has grown by 233,424.0%.
  • Historical annual values: Fiscal year 2025: $1.54 million | Fiscal year 2024: $2.29 million | Fiscal year 2023: $1.67 million | Fiscal year 2015: $47.3 thousand | Fiscal year 2014: $4.9 thousand | Fiscal year 2013: $659.00.
  • Data sourced from SEC EDGAR public filings as of August 8, 2026.

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