Interactive Strength, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 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.
Sep 30, 2025 · Filed Nov 14, 2025
TRNR$1.22+2.5%Stored close · as of Nov 6, 2026
Contents
(unaudited)
| September 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $845 | $138 |
| Accounts receivable, net | 2,382 | 1,426 |
| Inventories, net | 5,118 | 3,868 |
| Derivatives | 111 | — |
| Vendor deposits | 1,055 | 1,976 |
| Loan receivable | 6,087 | — |
| Prepaid expenses and other current assets | 1,774 | 810 |
| Total current assets | 17,372 | 8,218 |
| Property and equipment, net | 327 | 116 |
| Right-of-use-assets | 370 | 415 |
| Intangible assets, net | 8,118 | 6,106 |
| Long-term inventories, net | 3,096 | 2,822 |
| Vendor deposits long term | 1,268 | 310 |
| Digital assets | 36,770 | — |
| Goodwill | 15,144 | 13,220 |
| Other assets | 2,973 | 2,963 |
| Total Assets | $85,438 | $34,170 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $8,944 | $11,169 |
| Accrued expenses and other current liabilities | 7,795 | 3,975 |
| Operating lease liability, current portion | 198 | 261 |
| Deferred revenue | 391 | 77 |
| Loan payable | 9,754 | 8,569 |
| Income tax payable | 7 | 7 |
| Derivatives | 1,050 | 73 |
| Convertible note payable | 2,669 | 2,750 |
| Total current liabilities | 30,808 | 26,881 |
| Operating lease liability, net of current portion | 188 | 170 |
| Other long term liabilities | 1,895 | — |
| Warrant liabilities | 1,084 | 4 |
| Loan payable non current | 1,646 | — |
| Convertible note payable non current | 32,360 | — |
| Total liabilities | $67,981 | $27,055 |
| Commitments and contingencies (Note 15) | ||
| Series E preferred stock, par value $0.0001; 1,300,000 shares authorized as of September 30, 2025 and 0 shares authorized as of December 31, 2024; 1,300,000 and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively. | 2,600 | — |
| Stockholders' equity | ||
| Series A preferred stock, par value $0.0001; 10,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 4,799,867 and 4,658,737 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively. | 1 | 1 |
| Series B preferred stock, par value $0.0001; 1,500,000 shares authorized as of September 30, 2025 and December 31, 2024; 408,775 and 1,500,000 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively. | — | — |
| Series C preferred stock, par value $0.0001; 5,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 1,405,887 and 2,861,128 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively. | 1 | — |
| Common stock, par value $0.0001; 900,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 2,079,510 and 140,210 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively. | 10 | 8 |
| Additional paid-in capital | 231,792 | 209,509 |
| Accumulated other comprehensive income | 247 | 183 |
| Accumulated deficit | (217,194) | (202,586) |
| Total stockholders' equity | 14,857 | 7,115 |
| Total liabilities, preferred stock and stockholders' equity | $85,438 | $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.