Interactive Strength, Inc.
For the period ended Mar 31, 2026. Filed May 20, 2026.
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, 2026 · Filed May 20, 2026
TRNR$1.23+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(unaudited)
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows From Operating Activities: | ||
| Net loss | $(10,743) | $(6,603) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Foreign currency | 4 | (22) |
| Depreciation | 36 | 36 |
| Amortization | 817 | 876 |
| Non-cash lease expense | 33 | 77 |
| Inventory step up amortization | 1 | 100 |
| Stock-based compensation | 394 | 2,089 |
| Loss on disposal of assets | 1 | — |
| Loss (gain) on extinguishment of debt and accounts payable | 1,710 | (3,037) |
| Loss on settlement of accounts payable | — | 551 |
| Change in fair value of preferred stock | 37 | — |
| Non-cash interest income | — | (158) |
| Interest paid in kind and non-cash interest expense | 602 | 1,306 |
| Amortization of debt discount | 946 | 370 |
| Credit loss on loan receivable | 242 | — |
| Change in fair value of convertible notes | 1,350 | 573 |
| Non-cash charge from settlement agreement | 2,176 | — |
| Change in fair value of earnout | 26 | — |
| Change in fair value of derivatives | 327 | 1,487 |
| Change in fair value of warrants | (667) | (449) |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 249 | (338) |
| Inventories | (73) | 391 |
| Prepaid expenses and other current assets | 73 | (48) |
| Vendor deposits | (13) | (37) |
| Other assets | (17) | — |
| Accounts payable | 161 | (580) |
| Accrued expenses and other current liabilities | (49) | (35) |
| Deferred revenue | (175) | (11) |
| Operating lease liabilities | (35) | (83) |
| Net cash used in operating activities | (2,587) | (3,545) |
| Cash Flows From Investing Activities: | ||
| Repayment from (advances to) Sportstech | 6,350 | (2,025) |
| Purchase of property and equipment | (97) | — |
| Proceeds from the sale of property and equipment | 9 | — |
| Acquisition of internal use software | (2) | — |
| Acquisition of business, cash paid, net of cash acquired | (1,711) | — |
| Acquisition of software and content | (399) | (166) |
| Net cash provided by (used) in investing activities | 4,150 | (2,191) |
| Cash Flows From Financing Activities: | ||
| Payments of loans | (344) | — |
| Proceeds from issuance of convertible notes, net of issuance costs | 1,595 | 6,177 |
| Proceeds from issuance of common stock from At the Market Offering, net of issuance costs | 1,463 | 1,594 |
| Net cash provided by financing activities | 2,714 | 7,771 |
| Effect of exchange rate on cash | (51) | 34 |
| Net Change In Cash and Cash Equivalents | 4,226 | 2,069 |
| Cash at beginning of the period | 512 | 138 |
| Cash at end of period | $4,738 | $2,207 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.