Interactive Strength, Inc.

Overview

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• TickerTRNR on Nasdaq²
• IndustryElectronic & Other Electrical Equipment (No Computer Equip)²
• HeadquartersAustin, United States²
• Incorporated inDE³
• Business address1005 Congress Avenue, Suite 925, Austin, Tx 78701³
• Filer category, Emerging growth company³
• Legal formCorporation²
• LEI894500AQB1UGVWW6LW76²
• StatusActive²
• LEI statusLapsed (not renewed)²
• Registered address1005 Congress Ave, 78701 Austin, United States²
• Registered withDivision of Corporations, Department of State, 6404738²

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Corporate structure

Interactive Strength, Inc. sits at the top of its group. 8 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Interactive Strength, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Inventory

Properties, in its own words

Our corporate headquarters is located in Austin, Texas, where we hold a lease that has a monthly fee of $99 and variable cost based on usage. This facility is primarily used for engineering, sales and marketing, and other general business purposes. We also have a small office in Taiwan that is primarily used for supply chain and manufacturing purposes. Wattbike leases approximately 9,556 square feet of office space in Nottingham, UK with annual rent of approximately $68,000. The lease term for our CLMBR studio in Denver, CO that was primarily used to facilitate live classes on a weekly basis expired in January 2026 and was not renewed.

We believe that our existing facilities are sufficient for our current needs. We may in the future add new facilities or expand our existing facilities as we continue to add employees and grow our business. We believe that new spaces will be available at reasonable terms in the future in order to meet our needs.

Item 2 of the 10-K filed Mar 31, 2026.¹⁰

Leadership

Who has led Interactive Strength, Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerTrent Alexander Ward Apr 27, 2023 to Dec 22, 2023¹¹
• Chief financial officerCaleb George Morgret Dec 16, 2025 to now¹²
• Chief financial officerMichael Madigan Jun 9, 2023 to Dec 22, 2023¹³
• Chief operating officerBenjamin Tall Bartlett Jun 24, 2025 to now¹⁴

Named in SEC Form D filings

People the company listed in its private-offering notices.

• DirectorPeter Miles Davies named Sep 30, 2022²²
• DirectorRichard Perry named Sep 30, 2022²²

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• CLMBR HOLDINGS LLC Delaware⁴
• Interactive Strength Treasury LLC Delaware⁴
• Interactive Strength, Inc. (Taiwan) Taiwan⁴
• Interactive Strength, Limited (UK) United Kingdom⁴
• Wattbike (Holdings) Limited United Kingdom⁴
• Wattbike IP Limited United Kingdom⁴
• Wattbike Inc. Nevada⁴
• Wattbike Limited United Kingdom⁴

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Oct 13, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation²³
2. Sep 1, 20268-K Shareholder vote²⁴
3. Aug 14, 20268-K Unregistered sale of shares²⁵
4. Aug 7, 20268-K Unregistered sale of shares²⁶
5. Jul 31, 20268-K Unregistered sale of shares²⁷
6. Jul 24, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares²⁸
7. Jul 9, 20268-K Entered a material agreement; Other events²⁹
8. Jul 7, 20268-K Entered a material agreement; Unregistered sale of shares³⁰
9. Jul 1, 20268-K Change of auditor³¹
10. Jun 30, 20268-K Bylaws or fiscal year changed; Other events³²
11. Jun 9, 20268-K Shareholder vote³³
12. May 12, 20268-K Completed an acquisition or sale³⁴
13. Apr 27, 2023New chief executive Trent Alexander Ward becomes CEO¹¹
14. May 5, 2017Founded Interactive Strength, Inc. is founded²

Calendar

Coming up

1. Nov 13, 2026Reports results for the quarter ending Sep/2026³⁵

When it reported results

1. Nov 14, 2025Reported quarterly or annual results³⁶
2. May 19, 2025Reported quarterly or annual results³⁷
3. Mar 31, 2025Reported quarterly or annual results³⁸
4. Nov 14, 2024Reported quarterly or annual results³⁹
5. Aug 14, 2024Reported quarterly or annual results⁴⁰
6. May 20, 2024Reported quarterly or annual results⁴¹
7. Apr 2, 2024Reported quarterly or annual results⁴²
8. Nov 14, 2023Reported quarterly or annual results⁴³

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

321 filings to the SEC since October 2021: 5 annual reports, 11 quarterly reports, 111 major events, 36 insider forms, 4 large holders, 3 private raises, 151 other. The latest 20:

1. Oct 13, 20268-K EDGAR
2. Sep 16, 20263/A PRIMARY DOCUMENT EDGAR
3. Sep 16, 20263 PRIMARY DOCUMENT EDGAR
4. Sep 10, 20263 PRIMARY DOCUMENT EDGAR
5. Sep 1, 20268-K EDGAR
6. Aug 17, 2026DEF 14A EDGAR
7. Aug 14, 202610-Q EDGAR
8. Aug 14, 20268-K EDGAR
9. Aug 7, 2026PRE 14A EDGAR
10. Aug 7, 20268-K EDGAR
11. Jul 31, 20268-K EDGAR
12. Jul 24, 20268-K EDGAR
13. Jul 9, 20268-K EDGAR
14. Jul 7, 20268-K EDGAR
15. Jul 1, 20268-K EDGAR
16. Jun 30, 20268-K EDGAR
17. Jun 9, 20268-K EDGAR
18. Jun 4, 2026DEFA14A EDGAR
19. May 20, 202610-Q EDGAR
20. May 15, 2026NT 10-Q EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 10 buys and 2 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• INTRACOASTAL CAPITAL, LLCSC 13G/A, 2 filings May 29, 2024 to Nov 13, 2024⁴⁴
• Block.OneSC 13D/A, 2 filings May 12, 2023 to Aug 14, 2024⁴⁵

Money raised

Private offerings the company reported to the SEC on Form D.

1. Mar 10, 2022Raised $38.7 million in a private offering of equity Form D: $40.9 million offered in all Form D
2. Jul 23, 2021Raised $69.9 million in a private offering of equity Form D: 108 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Interactive Strength, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARInteractive Strength, Inc.¹
• CIK0001785056
• Employer ID (EIN)82-1432916¹⁰
• Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company¹⁰
• Incorporated inDelaware¹⁰
• Fiscal year endsDecember 31¹
• Industry code (SIC)3600 Electronic & Other Electrical Equipment (No Computer Equip)¹
• SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance¹
• Business address1005 Congress Avenue, Suite 925, Austin, TX 78701¹
• Phone3106978655¹
• Shares outstanding1,619,702 as of Aug 11, 2026⁹
• Public float$8.2M as of Jun 30, 2025¹⁰
• AuditorDeloitte & Touche LLP, Morristown, New Jersey PCAOB ID 34; no auditor attestation of internal control over financial reporting¹⁰
• On EDGAR sinceAug 13, 2019¹
• Filings322 in all: 8-K (107), 424B3 (40), CORRESP (27), 4 (22), UPLOAD (14), 3 (13), 10-Q (11), EFFECT (9)¹
  All 35 form types

  S-1/A (8), 424B5 (6), DEF 14A (6), PRE 14A (6), S-1 (6), 424B4 (5), 8-K/A (4), S-3/A (4), 10-K (3), D (3), DRS (3), FWP (3), NT 10-Q (3), S-3 (3), 10-K/A (2), DEFA14A (2), DRSLTR (2), 3/A (1), 8-A12B (1), CERT (1), D/A (1), DRS/A (1), S-8 (1), SC 13D (1), SC 13D/A (1), SC 13G (1), SC 13G/A (1)

• Latest filingsAnnual report (10-K) Mar 31, 2026
  Quarterly report (10-Q) Aug 14, 2026
  Proxy statement (DEF 14A) Aug 17, 2026
  Latest 8-K (8-K) Oct 13, 2026

Securities registered for trading

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).¹⁰

Risk factors and legal proceedings

The risks Interactive Strength, Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 74 risks under these headings, as written.¹⁰

• Risks Related to Our Business and Industry
• We have incurred operating and net losses in the past, expect to incur operating and net losses in the future, and may not achieve profitability, or, if we achieve profitability, be able to maintain it in the future.
• We have a limited operating history; and our past financial results may not be a reliable indicator of our ability to successfully establish our product and service offerings in the marketplace, or of our future performance, and our revenue growth rate is likely to slow as our business matures.
• Our business, financial condition, and results of operations are subject to risks associated with rising interest rates, which could negatively impact our customers’ ability to finance their purchases of our products or to make timely payments and our ability to obtain additional financing.
• We have a limited operating history with which to evaluate and predict the profitability of our recurring revenue model and any new revenue models we may introduce in the future may be unsuccessful.
• Our negative cash flows from operations, history of losses, and significant accumulated deficit raise substantial doubt about our ability to continue as a “going concern.”
• In the past, we have been unable to remain in compliance with certain qualifications required by the Nasdaq Capital Markets in order for the Company’s common stock to remain listed on the Nasdaq.
• If we fail to compete successfully against existing and future competitors, we may fail to obtain a meaningful market share, which in turn would harm our business, financial condition, and results of operations.
• Our business may be affected by seasonality.
• Our results of operations and other financial and non-financial business metrics may fluctuate from period to period due to a variety factors, many of which are beyond our control, and as a result, our results from any prior periods, or any historical trends reflected in such results, should not be viewed as indicative of our future financial or operating performance.
• We derive a significant portion of our revenue from sales of Wattbike products, and if sales of these products decline, it could materially and negatively affect our future revenue and results of operations.
• Our membership revenue is largely dependent on our ability to maintain and grow the Wattbike, CLMBR and FORME subscriber bases.

Legal proceedings

The Company purchased substantially all of the assets of CLMBR, Inc. (“CLMBR, Inc.”) in February 2024. On March 7, 2024, a petition was filed by Tung Keng Enterprise Co., Ltd. d/b/a DK City Co., Ltd. (“DK City”) against CLMBR, Inc. and the Company in the United States District Court for the District of Colorado to enforce a monetary arbitration award of approximately $2.25 million against CLMBR, Inc. (the “Petition”). The Company was not involved in that

prior arbitration, which involved alleged breaches of an equipment manufacturing agreement between CLMBR, Inc. and DK City and was resolved prior to the Company’s purchase of CLMBR, Inc. On June 25, 2024, CLMBR, Inc. and the Company collectively resolved the dispute via a Confidential Settlement Agreement and Mutual Release with DK City. Pursuant to that agreement, the Company was required to make certain payments to DK City, CLMBR, Inc. and the Company would be released from liability, and the Petition would be voluntarily dismissed without prejudice. The Company subsequently defaulted on this agreement due to not complying with the payment plan, and on September 22, 2025 a new petition was filed alleging breach of the negotiated settlement. The complaint seeks damages in the amount of $2.0 million, plus statutory interest and attorneys' fees. The Company has admitted liability, and the parties have requested a Magistrate Judge settlement conference. The plaintiff has filed a motion for summary judgment, but the parties are engaged in settlement discussions.

Total remaining payments as of December 31, 2025 of $2.1 million, including accrued interest, are reflected in Accrued Expenses and other current liabilities in the accompanying consolidated balance sheet.

The opening of Item 3, Legal Proceedings.¹⁰