Interactive Strength, Inc.
For the period ended Mar 31, 2025. Filed May 19, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 19, 2025
TRNR$1.22+2.5%Stored close · as of Nov 6, 2026
Contents
(unaudited)
(In thousands, except share and per share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $2,207 | $138 |
| Accounts receivable | 1,764 | 1,426 |
| Inventories, net | 3,186 | 3,868 |
| Derivatives | 95 | — |
| Vendor deposits | 1,151 | 1,976 |
| Loan receivable | 2,183 | — |
| Prepaid expenses and other current assets | 858 | 810 |
| Total current assets | 11,444 | 8,218 |
| Property and equipment, net | 80 | 116 |
| Right-of-use-assets | 338 | 415 |
| Intangible assets, net | 5,653 | 6,106 |
| Long-term inventories, net | 2,869 | 2,822 |
| Vendor deposits long term | 1,172 | 310 |
| Goodwill | 13,220 | 13,220 |
| Other assets | 3,040 | 2,963 |
| Total Assets | $37,816 | $34,170 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $7,698 | $11,169 |
| Accrued expenses and other current liabilities | 3,311 | 3,975 |
| Operating lease liability, current portion | 194 | 261 |
| Deferred revenue | 66 | 77 |
| Loan payable | 7,282 | 8,569 |
| Income tax payable | 7 | 7 |
| Derivatives | 959 | 73 |
| Convertible note payable | 1,739 | 2,750 |
| Total current liabilities | 21,256 | 26,881 |
| Operating lease liability, net of current portion | 154 | 170 |
| Warrant liabilities | 767 | 4 |
| Convertible note payable noncurrent | 1,883 | — |
| Total liabilities | $24,060 | $27,055 |
| Commitments and contingencies (Note 15) | ||
| Stockholders' equity | ||
| Series A preferred stock, par value $0.0001; 10,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 4,671,071 and 4,658,737 shares issued and outstanding as of March 31, 2025 and December 31, 2024 respectively. | 1 | 1 |
| Series B preferred stock, par value $0.0001; 1,500,000 shares authorized as of March 31, 2025 and December 31, 2024; 439,882 and 1,500,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024 respectively. | — | — |
| Series C preferred stock, par value $0.0001; 5,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 1,871,210 and 2,861,128 shares issued and outstanding as of March 31, 2025 and December 31, 2024 respectively. | 1 | — |
| Common stock, par value $0.0001; 900,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 7,953,570 and 1,402,120 shares issued and outstanding as of March 31, 2025 and December 31, 2024 respectively. | 9 | 8 |
| Additional paid-in capital | 222,929 | 209,509 |
| Accumulated other comprehensive income | 204 | 183 |
| Accumulated deficit | (209,388) | (202,586) |
| Total stockholders' equity | 13,756 | 7,115 |
| Total liabilities and stockholders' equity | $37,816 | $34,170 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.