Risk factors

Interactive Strength (TRNR) risk factors

Item 1A of every Interactive Strength, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    127 risks, 19 new, 13 dropped, 24 reworded since the prior year. The company faces severe dilution and stock issuance risks to convert debt and fund operations. Nasdaq listing compliance remains precarious following a recent deficiency notice. Wattbike acquisition concentration drives 71% of revenue.

    Filed Mar 31, 2026
  • FY2024 10-K risk factors

    121 risks. Interactive Strength faces substantial net losses, an accumulated deficit of $202.6 million, and heavy reliance on hardware sales for recurring membership revenue.

    Filed Mar 31, 2025