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.
The Interactive Strength Inc. (NASDAQ: TRNR) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, with AI‑powered tools to help interpret complex documents. Interactive Strength operates in the sporting and athletic goods manufacturing sector and focuses on specialty fitness equipment under the Wattbike, CLMBR, and FORME brands. Its filings provide detailed insight into capital structure, financing arrangements, acquisitions, and governance decisions that shape the TRNR investment profile.
For this company, Form 10‑K annual reports and Form 10‑Q quarterly reports are central sources for understanding segment performance, non‑GAAP metrics such as Adjusted EBITDA, and the role of acquisitions like Wattbike in its consolidated results. Stock Titan’s AI can summarize these lengthy filings, highlight key risk factors, and surface important changes in revenue composition, margins, and liquidity.
Interactive Strength also files numerous Form 8‑K current reports to disclose material events. Recent 8‑Ks describe securities purchase agreements for senior secured convertible notes, exercises of Class A incremental warrants, amendments to note terms, and exchange agreements that convert portions of outstanding loans into common stock. Other 8‑Ks cover the June 2025 FET‑backed convertible exchangeable notes, collateral management and liquidation netting, and the issuance of remainder notes following changes in token prices.
Investors tracking ownership and compensation can use this page to access proxy materials and, where applicable, Form 4 insider transaction reports once filed. Real‑time updates from EDGAR ensure that new TRNR filings appear quickly, while AI‑generated summaries help readers understand how each note issuance, warrant exercise, maturity extension, or acquisition‑related filing affects dilution, leverage, and future obligations.
Interactive Strength Inc. reported a default and restructuring of token-linked convertible notes and a debt-for-equity exchange.
A decline in FET token prices caused an event of default on notes held by DWF. Under a Final Netting Agreement, the company will deliver 82,972,910 FET tokens that secured the defaulted notes and issue a new $4.5 million Remainder Note maturing in one year, which is convertible into common stock. Earlier netting with ATW generated approximately $18.9 million from token sales that satisfied $22.2 million of similar notes, with a $3.0 million unsecured remainder note issued.
The company also reduced a term loan from Vertical Investors by $632,500 by issuing 115,000 common shares at $5.50 per share, leaving $170,250 of principal outstanding. After these and other previously disclosed unregistered issuances, 2,709,336 common shares were outstanding as of December 11, 2025.
Interactive Strength Inc. (TRNR) has amended a key financing agreement by extending the maturity of a senior secured convertible note. The company previously exchanged a $3,100,000 Woodway promissory note for an Incremental Note in an aggregate principal amount of $2,174,866.67, cancelling an equivalent amount of Class B Incremental Warrants. That Exchange Note was originally due on January 30, 2026. Under Amendment No. 1, signed on November 24, 2025, the maturity date has been pushed back to September 26, 2027, giving the company a longer period before the note must be repaid or converted.
Interactive Strength Inc. (TRNR) filed its Q3 2025 report. Revenue rose to $4.8 million from $2.0 million a year ago, producing a quarterly gross profit of $0.8 million versus a loss last year. The company reported a net loss of $5.2 million, improving from $7.1 million in Q3 2024.
The balance sheet expanded with total assets $85.4 million driven by digital assets $36.8 million, goodwill $15.1 million, and intangibles $8.1 million. Liabilities increased to $68.0 million, including convertible notes payable (non‑current) $32.36 million. Cash and cash equivalents were $0.8 million at quarter‑end.
Year‑to‑date operating cash outflow was $8.2 million, while financing cash inflow was $62.2 million, largely from $52.5 million of convertible notes and $7.9 million from incremental warrants/notes. The quarter reflected strategic moves: a 1‑for‑10 reverse split effective June 26, 2025; a binding agreement to acquire Sportstech via a staged equity structure; and the Wattbike acquisition with issuance of Series E preferred. Common shares outstanding were 2,079,510 as of September 30, 2025.
Interactive Strength Inc. (TRNR) announced a CFO transition. Michael J. Madigan notified the company of his resignation as Chief Financial Officer effective November 14, 2025, and did not express any disagreement on operations, policies, or practices.
The Board appointed Caleb Morgret as Chief Financial Officer, principal financial officer, and principal accounting officer effective November 15, 2025. Morgret brings over 20 years of finance experience across investment banking, life sciences, energy, and infrastructure finance, including CFO roles at Centenara Labs AG, Lucero Energy, and White Star Petroleum.
Under a letter agreement, Morgret will receive a $300,000 annual base salary and is eligible for a performance-based bonus of up to 50% of base salary. The company disclosed no family relationships or related party transactions regarding Morgret. An Offer of Employment dated October 28, 2025 was filed as Exhibit 10.1.
Interactive Strength Inc. entered a new financing step with an existing investor, who exercised Class A Incremental Warrants to buy a senior secured convertible note with $1,000,000 principal and received Class A Incremental Common Warrants for 142,857 shares of common stock. The new Class A Incremental Note matures on October 3, 2026 and is convertible into common stock at a base conversion price of $3.85 per share, with an alternate conversion formula tied to recent trading prices and a floor price of $0.6872 per share. The attached warrants are exercisable at $5.916 per share from October 3, 2025 through October 3, 2032. Conversions and exercises are limited so the investor generally cannot beneficially own more than 4.99% or, at its option, 9.99% of outstanding common stock, and prior stockholder approval covers up to 10,242,324 conversion shares and 684,647 warrant shares.
Interactive Strength, Inc. (TRNR) discloses a strategic allocation of a significant portion of its treasury to FET tokens (the unified ASI token) as a long-term reserve asset. The filing describes the post-merger token supply of approximately 2.714 billion total FET with a circulating supply of about 2.37 billion tokens (≈87.3%). The company may earn yield via staking but intends to hold primarily for capital appreciation. The ASI protocol has an "Earn-and-Burn" mechanism and executed a burn of 5 million tokens (~$6.5M) with announced potential future burns up to 100 million tokens. Custody is with BitGo using multi-signature wallets, cold storage, and shared insurance coverage of $250 million. The filing also discloses token lock-ups (109,534,770 FET locked, 4.04% of max supply) with unlocking not completed until December 28, 2050. The document repeats routine corporate securities items including reserved shares for plans, convertible preferred stock terms, potential liquidity and supply-chain risks, and standard governance and conflict-of-interest provisions.
Interactive Strength Inc. held its annual stockholder meeting, where several key governance and capital-structure proposals were decided. Stockholders elected Class II director Aaron N.D. Weaver and ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending December 31, 2025. As of July 29, 2025, there were 1,519,418 common shares outstanding, with 700,271 shares represented at the meeting, constituting a quorum.
Stockholders rejected two Nasdaq-related proposals to approve potential issuances of 20% or more of outstanding common stock tied to Wattbike acquisition consideration and Series LTI preferred stock for executives. They approved giving the Board authority to execute one or more reverse stock splits within a range of 1-for-4 up to 1-for-100 within one year of the record date. An advisory vote approved named executive officer pay, and stockholders favored holding future say-on-pay votes every three years.
Interactive Strength Inc. amended its existing convertible financing and issued new debt and warrants to its accredited investor. The company entered a Global Note Amendment Agreement that restates prior Class A Incremental Notes into an Amended and Restated Senior Secured Convertible Note with revised conversion mechanics tied to Nasdaq closing prices and volume-weighted averages.
On September 18, 2025, the investor exercised Class A Incremental Warrants to purchase an additional $2,000,000 of Class A Incremental Notes, convertible at $3.85 per share and maturing on September 18, 2026. In connection with this, the investor received Class A Incremental Common Warrants to buy 285,714 shares at an exercise price of $5.916 per share, exercisable through September 18, 2032, subject to a 4.99% (or 9.99% at the investor’s option) beneficial ownership cap.
Interactive Strength Inc. amended its existing convertible financing and issued new debt and warrants to its accredited investor. The company entered a Global Note Amendment Agreement that restates prior Class A Incremental Notes into an Amended and Restated Senior Secured Convertible Note with revised conversion mechanics tied to Nasdaq closing prices and volume-weighted averages.
On September 18, 2025, the investor exercised Class A Incremental Warrants to purchase an additional $2,000,000 of Class A Incremental Notes, convertible at $3.85 per share and maturing on September 18, 2026. In connection with this, the investor received Class A Incremental Common Warrants to buy 285,714 shares at an exercise price of $5.916 per share, exercisable through September 18, 2032, subject to a 4.99% (or 9.99% at the investor’s option) beneficial ownership cap.
Interactive Strength Inc. filed an amendment to its prior current report about the acquisition of Wattbike (Holdings) Limited. This Form 8-K/A is limited to adding the required financial statements and pro forma financial information for the Wattbike transaction that were not included in the original July 1, 2025 report.
The company now provides Wattbike’s audited consolidated financial statements as of September 30, 2024 and 2023, along with related statements for those years. It also includes unaudited consolidated financial statements for Wattbike as of June 30, 2025 and September 30, 2024 for the nine months ended June 30, 2025, and unaudited pro forma combined financial information prepared under Article 11 of Regulation S-X. A consent from UHY LLP, Wattbike’s independent auditor, is also filed as an exhibit.
Interactive Strength Inc. filed an amendment to its prior current report about the acquisition of Wattbike (Holdings) Limited. This Form 8-K/A is limited to adding the required financial statements and pro forma financial information for the Wattbike transaction that were not included in the original July 1, 2025 report.
The company now provides Wattbike’s audited consolidated financial statements as of September 30, 2024 and 2023, along with related statements for those years. It also includes unaudited consolidated financial statements for Wattbike as of June 30, 2025 and September 30, 2024 for the nine months ended June 30, 2025, and unaudited pro forma combined financial information prepared under Article 11 of Regulation S-X. A consent from UHY LLP, Wattbike’s independent auditor, is also filed as an exhibit.
Interactive Strength Inc. filed an amended S-3 shelf registration describing its business risks, capital structure terms and a strategic allocation to the Fetch.ai ecosystem (FET/ASI). The filing discloses a post-merger unified FET supply of approximately 2.714 billion tokens with a circulating supply of ~2.37 billion (≈87.3%). It reports one burn of 5 million FET (~$6.5 million) and announced future burns up to 100 million. 109,534,770 FET (4.04% of max supply) are locked with an unlocking schedule not completed until December 28, 2050. The company intends to hold FET as a long-term treasury asset, may pursue staking for yield, and custodies digital assets with BitGo using multi-signature wallets and insurance coverage of $250 million. The filing also details preferred stock conversion mechanics, dividend rates, debt/warrant/rights/unit offering parameters, and business risk factors including limited operating history and concentration of revenue in Forme Studio/Forme Lift equipment.
Interactive Strength Inc. filed an amended S-3 shelf registration describing its business risks, capital structure terms and a strategic allocation to the Fetch.ai ecosystem (FET/ASI). The filing discloses a post-merger unified FET supply of approximately 2.714 billion tokens with a circulating supply of ~2.37 billion (≈87.3%). It reports one burn of 5 million FET (~$6.5 million) and announced future burns up to 100 million. 109,534,770 FET (4.04% of max supply) are locked with an unlocking schedule not completed until December 28, 2050. The company intends to hold FET as a long-term treasury asset, may pursue staking for yield, and custodies digital assets with BitGo using multi-signature wallets and insurance coverage of $250 million. The filing also details preferred stock conversion mechanics, dividend rates, debt/warrant/rights/unit offering parameters, and business risk factors including limited operating history and concentration of revenue in Forme Studio/Forme Lift equipment.
Interactive Strength Inc. filed an amended S-3 shelf registration describing its business risks, capital structure terms and a strategic allocation to the Fetch.ai ecosystem (FET/ASI). The filing discloses a post-merger unified FET supply of approximately 2.714 billion tokens with a circulating supply of ~2.37 billion (≈87.3%). It reports one burn of 5 million FET (~$6.5 million) and announced future burns up to 100 million. 109,534,770 FET (4.04% of max supply) are locked with an unlocking schedule not completed until December 28, 2050. The company intends to hold FET as a long-term treasury asset, may pursue staking for yield, and custodies digital assets with BitGo using multi-signature wallets and insurance coverage of $250 million. The filing also details preferred stock conversion mechanics, dividend rates, debt/warrant/rights/unit offering parameters, and business risk factors including limited operating history and concentration of revenue in Forme Studio/Forme Lift equipment.