WKHS · Workhorse Group Inc.
$3.07
-0.10 (-3.15%)
At close · Aug 28
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As a result of our recurring losses from operations, accumulated deficit, projected capital needs, delays in bringing our vehicles to market and lower than expected market demand, management determined that substantial doubt exists regarding our ability to continue as a going concern within one year after the issuance date of the accompanying Condensed Consolidated Financial Statements. These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these accompanying Condensed Consolidated Financial Statements.”View the 10-Q filed Aug 13, 2026
Market Cap
$33.55M
Shares
10.93M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Richard Dauch | CEO | $1,884,396 |
| Richard F. Dauch | Former Chief Executive Officer and Director | $1,884,396 |
| James D. Harrington | Former General Counsel, Chief Compliance Officer, and Secretary | $752,842 |
| Stan March | Former Vice President, Business Development | $574,064 |
| Robert Ginnan | Chief Financial Officer | $402,396 |
| Scott Griffith | Chief Executive Officer and Director | $338,542 |
| Josh Anderson | Executive Vice President of Operation | $332,974 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Richard Dauch | CEO | $3,351,468 |
| Richard F. Dauch | Former Chief Executive Officer and Director | $3,351,468 |
| Robert Ginnan | Chief Financial Officer | $880,483 |
| James D. Harrington | Former General Counsel, Chief Compliance Officer, and Secretary | $828,059 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Richard F. Dauch | Chief Executive Officer and Director | $3,388,174 |
| Richard Dauch | CEO | $3,388,174 |
| James D. Harrington | — | $970,262 |
| Robert Ginnan | Chief Financial Officer | $906,788 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Richard F. Dauch | Chief Executive Officer and Director | $8,498,120 |
| Richard Dauch | CEO | $8,498,120 |
| Robert Ginnan | Chief Financial Officer | $1,913,496 |
| General Counsel | Chief Compliance Officer, and Secretary | $1,560,975 |
| James D. Harrington | General Counsel, Chief Compliance Officer, and Secretary | $1,401,407 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Richard F. Dauch | Chief Executive Officer and Director | $16,345,151 |
| Richard Dauch | Chief Executive Officer and Director | $11,951,292 |
| General Counsel | Chief Compliance Officer, and Secretary | $1,955,073 |
| James D. Harrington | General Counsel, Chief Compliance Officer, and Secretary | $1,736,073 |
| Duane Hughes | Former Chief Executive Officer, President and Director | $1,390,373 |
| Steve Schrader | Former Chief Financial Officer Represents grants of shares of stock restricted of our common stock. | $971,237 |
| John Graber | President, Aerospace | $913,412 |
| Joshua J. Anderson | Chief Technology Officer | $856,971 |
| Greg Ackerson | Interim Chief Financial Officer, Controller | $694,385 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Duane Hughes | Former Chief Executive Officer, President and Director | $1,334,750 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Duane Hughes | Former Chief Executive Officer, President and Director | $1,839,573 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Lindsay A. Barnes | Chief Accounting Officer (Principal Accounting Officer) | Appointed | 2026-07-13 |
| Jody Davis | Chief Financial Officer (Principal Financial Officer) | Appointed | 2026-07-13 |
| Robert M. Ginnan | Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) | Resigned | 2026-07-13 |
| Desi Ujkashevic | Director | Appointed | 2026-06-30 |
| Paul Savoie | Director | Appointed | 2026-06-30 |
| Alan S. Henricks | Director | Appointed | 2026-06-30 |
| Raymond J. Chess | Director | Appointed | 2026-06-30 |
| Pamela S. Mader | Director | Appointed | 2026-06-30 |
| Scott Griffith | Director | Appointed | 2026-06-30 |
| Matthew O’Leary | Director | Appointed | 2026-06-30 |
| Scott Griffith | Chief Executive Officer | Appointed | 2026-04-27 |
| Scott Griffith | member of the Board | Appointed | 2026-04-27 |
| Matthew O'Leary | Chairman | Appointed | 2025-12-15 |
| Josh Anderson | Executive Vice President of Operations | Appointed | 2025-12-15 |
| James Griffin | Chief Revenue Officer | Appointed | 2025-12-15 |
| Scott Zion | Chief Product Officer | Appointed | 2025-12-15 |
| Bob Ginnan | Chief Financial Officer | Appointed | 2025-12-15 |
| Scott Griffith | Chief Executive Officer | Appointed | 2025-12-15 |
| Desi Ujkashevic | director | Appointed | 2025-12-15 |
| Matthew O'Leary | director | Appointed | 2025-12-15 |
| Paul Savoie | director | Appointed | 2025-12-15 |
| William Quigley | director | Resigned | 2025-12-15 |
| Scott Griffith | director | Appointed | 2025-12-15 |
| Jacqueline Dedo | director | Resigned | 2025-12-15 |
| Austin Scott Miller | director | Resigned | 2025-12-15 |
Key facts
CIK
1425287
CUSIP
98138J503
13F (30d)
43 filings
43 filers
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