The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -10,743 | -9,956 | -5,230 | -8,782 |
| Foreign currency | -4 | 66 | -7 | 16 |
| Depreciation | 36 | 50 | 68 | 51 |
| Amortization | 817 | 644 | 698 | 1,671 |
| Non-cash lease expense | 33 | 57 | 76 | 155 |
| Inventory step up amortization | 1 | 2 | 48 | 179 |
| Stock-based compensation | 394 | -2,214 | 401 | 4,892 |
| Provision for bad debt | - | -7 | 16 | - |
| Inventory write-off | - | 0 | 165 | - |
| Loss on disposal of assets | -1 | 0 | -27 | - |
| Loss (gain) on extinguishment of debt and accounts payable | -1,710 | 750 | 687 | 4,459 |
| Loss on issuance of warrants | - | 0 | 0 | - |
| Non-cash interest expense | - | - | 1,725 | 3,663 |
| Change in fair value of digital assets | - | 17,263 | 10,605 | -125 |
| Loss on exchange of warrants for equity | - | 0 | 0 | 0 |
| Fair value of common stock issued with best efforts offering | - | 0 | 0 | - |
| Loss on extinguishment of fet convertible note | - | -3,175 | - | - |
| Loss on settlement of accounts payable | 0 | 0 | 0 | -551 |
| Change in fair value of preferred stock | 37 | - | - | - |
| Non-cash interest income | 0 | 490 | 1,062 | - |
| Interest paid in kind and non-cash interest expense | 602 | 6,109 | - | - |
| Warrants issued to service providers and warrant issuance expense | - | - | - | 0 |
| Amortization of debt discount | 946 | 744 | 2,380 | 2,503 |
| Common stock issued to lender in connection with entering equity line of credit agreement | - | 0 | 0 | 0 |
| Credit loss on loan receivable | 242 | - | - | - |
| Change in fair value of convertible notes | -1,350 | 10,007 | 11,992 | 6,629 |
| Non-cash charge from settlement agreement | -2,176 | - | - | - |
| Change in fair value of earnout | -26 | 241 | 0 | 0 |
| Change in fair value of derivatives | -327 | 1,061 | 1,370 | -1,949 |
| Change in fair value of warrants | -667 | -1,065 | -755 | -993 |
| Accounts receivable | -249 | -608 | -298 | 335 |
| Interest income | - | - | - | 387 |
| Inventories | 73 | -865 | -175 | -763 |
| Prepaid expenses and other current assets | -73 | -230 | 52 | -47 |
| Vendor deposits | 13 | -121 | 0 | 37 |
| Other assets | 17 | 0 | 0 | - |
| Accounts payable | 161 | -1,165 | 2,321 | -310 |
| Deferred offering costs | - | - | - | 0 |
| Accrued expenses and other current liabilities | -49 | 229 | -668 | 87 |
| Deferred revenue | -175 | 121 | 73 | -15 |
| Operating lease liabilities | -35 | -56 | -72 | -166 |
| Net cash used in operating activities | -2,587 | -2,248 | -2,418 | -5,743 |
| Loan to sportstech | - | 15 | 700 | 4,325 |
| Repayment from (advances to) sportstech | -6,350 | - | - | - |
| Purchase of property and equipment | 97 | 94 | - | - |
| Proceeds from the sale of property and equipment | 9 | - | - | - |
| Acquisition of internal use software | 2 | 82 | 76 | - |
| Acquisition of digital assets | - | 0 | -2,250 | -45,000 |
| Acquisition of business, cash paid, net of cash acquired | 1,711 | 4 | 448 | 0 |
| Loan to wattbike | - | - | - | 1,200 |
| Acquisition of software and content | -399 | -52 | -249 | -442 |
| Proceeds from exercise of incremental warrants and issuance of convertible notes, net of issuance costs | - | - | 4,373 | 3,499 |
| Net cash provided by (used) in investing activities | 4,150 | -247 | -2,523 | -50,967 |
| Interest paid on loans and convertible notes | - | - | 0 | - |
| Payment of extension fee with convertible note holder | - | 0 | - | - |
| Payments of loans | 344 | 359 | 891 | 0 |
| Proceeds from the exercise of warrants | - | 0 | 100 | 0 |
| Proceeds from loans | - | 5 | 202 | 1,800 |
| Proceeds from issuance of related party loans | - | 0 | 0 | 0 |
| Payment of issuance costs | - | 301 | - | - |
| Payment on loss restoration agreement | - | 0 | 649 | - |
| Proceeds from the issuance of common stock from equity line of credit | - | 0 | 0 | 0 |
| Payments of related party loans | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock and prefunded warrants upon offering, net of offering costs | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock in registered direct offering, net of offering costs | - | 0 | - | - |
| Payments of offering costs | - | -225 | 0 | 225 |
| Redemption and payment on convertible notes | - | -88 | 88 | 0 |
| Proceeds from issuance of convertible notes, net of issuance costs | 1,595 | 10,585 | -103 | 52,636 |
| Proceeds from issuance of common stock from at the market offering, net of issuance costs | 1,463 | 0 | 0 | 1,594 |
| Net cash provided by financing activities | 2,714 | 2,371 | 2,944 | 59,304 |
| Effect of exchange rate on cash | -51 | -209 | 10 | 100 |
| Net change in cash and cash equivalents and restricted cash | 4,226 | -333 | -1,987 | 2,694 |
| Cash at beginning of the period | 512 | 845 | 138 | - |
| Cash at end of period | 4,738 | 512 | 845 | - |
Interactive Strength, Inc. (TRNR)
Interactive Strength, Inc. (TRNR)