Welcome to our dedicated page for Interactive Strength SEC filings (Ticker: TRNR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Interactive Strength Inc. filings document the company’s connected fitness business, acquisition activity, capital structure and governance. Recent 8-K reports cover the completed Ergatta acquisition, material agreements, settlement and loan-recovery matters, debt exchanges, amendments to charter documents and the designation of Series D convertible preferred stock.
The filing record also includes securities-offering disclosures tied to an at-the-market common stock program and shelf registration statement, along with proxy materials covering shareholder voting, executive compensation and governance matters. These filings provide formal records of TRNR’s operating and financial results, preferred and common equity terms, financing arrangements and corporate actions.
Interactive Strength Inc. reported sharply higher revenue but deeper losses and serious liquidity pressure for the quarter ended March 31, 2026. Total revenue rose to $5.1 million from $1.4 million a year earlier, driven largely by Wattbike and the Ergatta acquisition.
Despite higher sales, the company posted a net loss attributable to common stockholders of $10.7 million versus $6.6 million in the prior-year quarter, as interest expense, fair-value adjustments and transaction-related costs weighed on results. Cash and cash equivalents increased to $4.7 million from $0.5 million at December 31, 2025, helped by loan repayments from Sportstech, new convertible notes and at-the-market equity issuance.
Management discloses that recurring losses, limited liquidity and approximately $18.2 million of debt maturing within twelve months after the financial statement issuance date raise substantial doubt about the company’s ability to continue as a going concern. As of May 15, 2026, common shares outstanding were 2,330,936, after multiple reverse stock splits and significant debt-for-equity exchanges.
Interactive Strength Inc. filed an amended current report to add audited Ergatta financial statements and unaudited pro forma results for its completed Ergatta acquisition. The deal’s estimated purchase price is about $13.3 million, including 4.75 million shares of Series D-1 preferred stock valued at roughly $7.7 million, cash, a secured note, and contingent payments.
For 2025, pro forma combined revenue for Interactive Strength and Ergatta is $23.97 million with a pro forma net loss of about $25.93 million. Ergatta on a standalone basis generated $12.44 million of 2025 revenue and $0.66 million of net income, providing profitable operations that are now reflected in the combined pro forma figures.
Interactive Strength Inc. is asking stockholders to vote at its 2026 annual meeting on June 4, 2026 in Austin, Texas. Holders of 2,057,018 shares of common stock outstanding as of April 8, 2026 may vote, with one vote per share.
Key items include electing two Class III directors through the 2029 meeting and ratifying Deloitte & Touche LLP as auditor for 2026. Stockholders are also asked to approve, under Nasdaq Rule 5635, potential issuances of 20% or more of outstanding common stock tied to Series E preferred and Wattbike earn-out shares, and Series D preferred related to the Ergatta merger.
Other proposals seek to add an automatic share increase feature to the 2023 Stock Incentive Plan, authorize the board to implement one or more reverse stock splits between 1-for-4 and up to 1-for-100 within one year of the record date, hold advisory votes on executive pay and its future voting frequency, and permit adjournment to solicit more proxies.
Interactive Strength Inc. is soliciting proxies for its 2026 Annual Meeting of Stockholders to be held on June 4, 2026. The meeting seeks approval to elect two Class III directors, ratify Deloitte & Touche LLP as auditors, approve potential NASDAQ-qualified issuances tied to the Wattbike and Ergatta transactions that could exceed 20% of outstanding common stock, amend the 2023 Stock Incentive Plan, grant authority to implement a Reverse Stock Split at ratios from 1-for-4 to 1-for-100, and conduct advisory votes on executive compensation and vote frequency.
Votes are determined as of the record date of April 8, 2026; there were 2,246,380 shares outstanding as of that date. The Board recommends voting FOR the listed proposals and will file meeting results on Form 8-K after the meeting.
Interactive Strength Inc. entered into a Settlement Agreement with Vertical Investors, LLC to resolve obligations tied to a prior loan and equity exchanges. The company had a Total Loan Exchanged Amount of approximately $8,735,523 and a Net Trade Value of $2,176,509 as of March 31, 2026.
To settle the $2,176,509 Net Trade Value, the company issued 1,088,255 shares of Series C Preferred Stock to the lender. Following this issuance, the lender held 2,623,176 Series C Preferred shares, consolidating the lender’s position in preferred equity rather than a cash payment.
Interactive Strength Inc., a connected fitness and acquisition platform, reports continuing heavy losses and liquidity pressure in its annual report for the year ended December 31, 2025. The company posted a net loss of $24.0 million and had an accumulated deficit of $227.5 million, with $19.9 million of operating loss and $10.4 million of cash used in operations.
Management acknowledges substantial doubt about the company’s ability to continue as a going concern, citing limited cash of approximately $4.4 million, dependence on new financing and about $18.0 million of debt outstanding, of which roughly $14.8 million matures within 12 months of the report date. Failure to refinance, raise capital, or restructure obligations could force drastic strategic alternatives.
During 2025–2026 the company advanced its acquisition strategy, including the July 2025 purchase of Wattbike and the March 2026 closing of the Ergatta merger, funded with up to $7.0 million in cash and up to $9.5 million in Series D preferred stock plus management incentives. It also executed multiple reverse stock splits, most recently a 1‑for‑10 split in February 2026, to maintain Nasdaq compliance, but warns of ongoing delisting risk if listing requirements are not met.
Interactive Strength Inc. completed its previously announced acquisition of Ergatta, Inc., making Ergatta a wholly owned subsidiary. The deal includes $3,500,000 in cash to Ergatta stockholders, split between $1,750,000 paid at closing and $1,750,000 in deferred cash via a senior secured note maturing on April 30, 2027. Ergatta stockholders also receive Series D1 Convertible Preferred Stock with an aggregate value between $5,250,000 and $9,500,000. In addition, certain Ergatta senior managers were granted Series D2 and Series D3 Convertible Preferred Stock with potential aggregate values up to $2,000,000 and $1,000,000, respectively. The Series D preferred shares were issued as unregistered securities under Section 4(a)(2), and additional milestone-based consideration may be earned.
Interactive Strength Inc. created three new series of convertible preferred stock as part of its capital structure. On March 5, 2026, the company designated 4,750,000 shares as Series D1, 1,000,000 shares as Series D2, and 500,000 shares as Series D3 preferred stock to be used in connection with the planned acquisition of Ergatta, Inc.
The Series D preferred shares carry no voting rights beyond those required by law or the certificate of incorporation. All Series D1 and Series D2 shares are scheduled to automatically convert into common stock on May 3, 2027, and Series D3 shares on May 1, 2028, based on a formula using an Original Issue Price of $2.00 per share, a defined Conversion Price, and series-specific scaling factors.
Conversion is subject to certain restrictions, including Nasdaq listing requirements and, if required, stockholder approval. If stockholder approval required by Nasdaq rules is not obtained by May 1, 2027, each holder’s shares convert only up to a calculated pro rata portion and any remaining Series D shares are automatically redeemed under the terms of the designation. The company does not intend to list the Series D preferred stock on any securities exchange, and there is currently no trading market for these securities.
Interactive Strength Inc. increased the maximum aggregate offering price of common shares under its at-the-market equity program with H.C. Wainwright & Co. to $6,057,000, supported by a new prospectus supplement.
The company previously sold common stock with an aggregate sales price of about $1,673,180 in the last 12 months and approximately $12,130,000 in total under this Sales Agreement, all issued off its effective Form S-3 shelf registration.