For the quarter ending 2025-09-30, TRNR made $4,815K in revenue. -$5,231K in net income. Net profit margin of -108.64%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | |
|---|---|---|---|---|
| Total revenue | 4,815 | 1,219 | 2,014 | |
| Cost of fitness product revenue | 3,311 | 696 | 1,349 | |
| Cost of membership | 360 | 420 | 768 | |
| Cost of training | 319 | 297 | 185 | |
| Total cost of revenue | 3,990 | 1,413 | 2,302 | |
| Gross profit (loss) | 825 | -194 | -288 | |
| Research and development | 404 | 779 | 2,212 | |
| Sales and marketing | 460 | 211 | 194 | |
| General and administrative | 5,994 | 4,640 | 5,060 | |
| Total operating expenses | 6,858 | 5,630 | 7,466 | |
| Loss from operations | -6,033 | -5,824 | -7,754 | |
| Loss on issuance of warrants | - | - | 4,780 | |
| Other income (expense), net | -56 | -927 | 256 | |
| Interest expense | -4,017 | -4,490 | -1,831 | |
| Interest income | 675 | 229 | - | |
| Loss on issuance of warrants | 0 | - | - | |
| Gain (loss) upon extinguishment of debt and accounts payable | 687 | 1,423 | 110 | |
| Change in fair value of convertible notes | 11,993 | 7,202 | - | |
| Change in fair value of earnout | 0 | 0 | - | |
| Change in fair value of derivatives | 1,370 | -462 | 956 | |
| Change in fair value of digital assets | -10,605 | 125 | - | |
| Change in fair value of warrants | -755 | -544 | -5,902 | |
| Total other income (expense), net | 802 | 3,644 | 613 | |
| Loss before provision for income taxes | -5,231 | -2,180 | -7,141 | |
| Income tax expense | 0 | 0 | - | |
| Net loss attributable to common stockholders | -5,231 | -2,180 | -7,141 | |
| Earnings per share, basic | -3.11 | -2.13 | -1.53 | |
| Earnings per share, diluted | -3.11 | -2.13 | -1.53 | |
| Total average equivalent shares (in shares) | 1,682,660 | 1,022,140 | 4,653,452 | |
| Weighted average number of shares outstanding, basic | 1,682,660 | 1,022,140 | 4,653,452 | |
Interactive Strength, Inc. (TRNR)
Interactive Strength, Inc. (TRNR)