{"filings":[{"id":1555796,"accession_number":"0001193125-26-299839","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-07-09T21:15:45+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"TRNR acquires STEPR for up to $22.7M; raises 2026 pro forma revenue guidance to >$50M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Base consideration $6.7M (cash, debt, equity) plus up to $16M in performance-based equity tied to EBITDA milestones.","STEPR expected >$15M revenue in 2026; TRNR pro forma revenue >$50M.","Deal expected to close Q4 2026; STEPR founders to continue leading.","TRNR expects adjusted EBITDA profitability in Q4 2026 after closing.","EV/EBITDA multiple expected <4.0x on 2027 EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1499723,"accession_number":"0001193125-26-297535","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-07-07T20:30:06+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength issues 225,681 Series C Preferred shares to settle $451,361 lender obligation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 225,681 Series C Preferred shares at $2.00/share to Vertical Investors as payment of $451,361 Net Trade Value.","After issuance, Vertical Investors holds 2,848,857 Series C Preferred shares.","Settlement extinguishes all obligations under Section 2 of the Loss Restoration Agreement.","Company covenants not to incur additional debt or issue senior preferred without Vertical's consent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1389879,"accession_number":"0001193125-26-292779","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-07-01T21:00:20+00:00","items":["4.01","9.01"],"status":"ready","headline":"Interactive Strength dismisses Deloitte, hires Cherry Bekaert; prior audits had going concern & material weaknesses","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deloitte & Touche dismissed as auditor on June 26, 2026; no disagreements on accounting principles, but prior reports included a going concern explanatory paragraph.","Material weaknesses in internal control over financial reporting for FY 2024 and FY 2025 remain unremediated, covering control environment, risk assessment, and monitoring.","Cherry Bekaert LLP engaged as new independent registered public accounting firm for fiscal year ending December 31, 2026, effective immediately.","Company authorized Deloitte to respond fully to successor auditor regarding the reportable events; Deloitte's letter is filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1360761,"accession_number":"0001193125-26-290535","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-06-30T20:15:14+00:00","items":["5.03","8.01","9.01"],"status":"ready","headline":"Interactive Strength (TRNR) effects 1-for-7 reverse stock split to regain Nasdaq compliance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-7 effective June 30, 2026; shares reduced from ~3.6M to ~0.5M.","Split approved by stockholders June 8, board June 18; part of plan to meet $1 minimum bid price.","No fractional shares; cash paid in lieu. New CUSIP: 45840Y609.","Ticker remains TRNR; proportionate adjustments to equity awards and warrants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":946363,"accession_number":"0001193125-26-263835","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-06-09T20:30:03+00:00","items":["5.07"],"status":"ready","headline":"Interactive Strength shareholders approve reverse stock split and share issuances for Wattbike, Ergatta deals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split authorized at ratio range 1:4 to 1:100, to be completed within one year.","Shareholders approved potential issuances of >20% of shares for Wattbike (Series E) and Ergatta (Series D1-D3) deals.","Amendment to 2023 stock incentive plan adding automatic share increase approved with 220,663 votes for.","Auditor ratification passed with 883,747 votes for; advisory NEO compensation approved with 238,748 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40604,"accession_number":"0001193125-26-219465","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K/A","filed_at":"2026-05-12T20:14:58+00:00","items":["2.01","9.01"],"status":"ready","headline":"Interactive Strength closes Ergatta acquisition for ~$13.3M; pro forma revenue $24M, loss $26M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total consideration ~$13.3M: $2.1M cash, $1.75M secured note, 4.75M Series D-1 preferred shares (~$7.7M), contingent earnout (est. $1.6M, max $3.5M).","Pro forma FY2025 revenue $23.97M, net loss $25.93M; Ergatta contributed $12.44M revenue and $0.66M net income historically.","Preliminary purchase allocation: $9.8M intangible assets, $3.7M goodwill; Series D-1 classified as liability measured at fair value.","Acquisition closed March 11, 2026; this 8-K/A provides audited Ergatta financials and unaudited pro forma statements per Item 9.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95424,"accession_number":"0001193125-26-142081","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-04-03T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength settles $2.2M debt by issuing 1.1M Series C Preferred shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued 1,088,255 Series C Preferred shares at $2.00/share to Vertical Investors to settle $2,176,509 Net Trade Value owed under Loss Restoration Agreement.","Total Loan Exchanged Amount was ~$8.74M; Net Trade Value calculated at $2.18M as of March 31, 2026.","Vertical now holds 2,623,176 shares of Series C Preferred stock after this issuance.","Settlement extinguishes all obligations under Section 2 of Loss Restoration Agreement and imposes covenants restricting new debt or senior securities without Vertical's consent.","Shares issued in unregistered transaction exempt under Section 4(a)(2) of the Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108500,"accession_number":"0001193125-26-108367","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["2.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength closes Ergatta acquisition; $3.5M cash plus Series D preferred stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger completed on March 11, 2026; Ergatta becomes wholly owned subsidiary.","Total cash consideration of $3.5M: $1.75M at close and $1.75M deferred senior secured note due April 30, 2027.","Ergatta stockholders received Series D1 Preferred stock valued between $5.25M and $9.5M.","Ergatta senior management received equity incentives in Series D2 and D3 Preferred (up to $2M and $1M, respectively).","Additional milestone-based consideration may be payable as previously disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108499,"accession_number":"0001193125-26-102276","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Interactive Strength creates 6.25M shares of Series D preferred stock for Ergatta acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Certificate of Designation for Series D1 (4.75M), D2 (1M), and D3 (0.5M) convertible preferred shares.","Series D preferred shares carry $2.00 original issue price; no voting rights except as required by law.","Shares will be issued in connection with the closing of the Ergatta, Inc. acquisition.","Mandatory conversion of D1/D2 on May 3, 2027; D3 on May 1, 2028, subject to Nasdaq and stockholder approval restrictions.","Failure to obtain stockholder approval may result in automatic redemption of unconverted shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108498,"accession_number":"0001193125-26-096664","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Interactive Strength boosts ATM offering to $6.06 million, prospectus supplement filed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Maximum aggregate offering price under ATM Sales Agreement increased to $6,057,000.","Prior to increase, sold ~$1.67M in last 12 months and ~$12.13M total under the agreement.","Shares issued under shelf registration statement effective Sept 22, 2025.","Prospectus supplement filed March 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108497,"accession_number":"0001193125-26-094084","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"TRNR recovers $6.4M in full settlement of Sportstech loan dispute, ends legal proceedings","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Sportstech paid TRNR $6.4M, covering $5.0M loan principal plus interest and expense reimbursement; payment received March 4, 2026.","TRNR withdraws lawsuits and cancels public auction of pledged Sportstech shares scheduled for March 11.","Company resolves all claims from Jan 2025 and May 2025 loan agreements; retains no ownership in Sportstech.","CEO says settlement removes distraction, provides funding to execute growth plan targeting >$30M pro forma 2026 revenue.","TRNR's priorities include closing Ergatta acquisition (expected >$10M annual revenue, ~30% EBITDA margins) and scaling Wattbike Air-Pro."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108496,"accession_number":"0001193125-26-071829","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["3.02","5.03","8.01","9.01"],"status":"ready","headline":"Interactive Strength (TRNR) executes 1-for-10 reverse stock split, exchanges $400k debt for equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split effective Feb 24, 2026 at 1-for-10; shares reduced from 17,984,137 to 1,798,406.","Exchanged $400,000 of loan for 80,000 shares at $5.00 per share with Vertical Investors; loan now $598,803.","Reverse split aims to regain Nasdaq $1.00 minimum bid price compliance; stock symbol remains TRNR.","No fractional shares issued; cash paid in lieu; equity awards and warrants adjusted proportionately."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108495,"accession_number":"0001193125-26-064329","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"TRNR signs definitive agreement to acquire Ergatta; raises 2026 pro forma revenue guidance to >$30M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of game-based fitness pioneer Ergatta; max enterprise value $19.5M (50% contingent on 2026 EBITDA).","Consideration: $1.8M cash at close, $1.8M debt, $5.3M equity locked until May 2027; up to $9.8M earn-out based on 2026 EBITDA.","Ergatta expected 2026 revenue >$10M (~70% recurring subs) with ~30% EBITDA margin; TRNR raises 2026 pro forma revenue guidance by 50% to >$30M.","TRNR expects to receive more cashflow from Ergatta in 2026 than the initial cash consideration paid; initial cash funded from existing facilities.","Deal expected to close Q1 2026; Ergatta founders (Tom Aulet, Alessandra Gotbaum) to continue leading post-acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108494,"accession_number":"0001193125-26-046591","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Interactive Strength issues $690K in convertible notes, warrants for 841K shares in Feb 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On Feb 5, 2026, an investor exercised incremental warrants to purchase a $558,687 convertible note and received 681,160 common warrants.","On Feb 9, 2026, the investor purchased a $131,313 note and received 160,099 warrants, totaling $690,000 in notes and 841,259 warrants.","Notes are senior secured, convertible at $0.45111 or alternate with floor of $0.08202, maturing in Feb 2027.","Warrants are exercisable at $0.69316 through Feb 2033, subject to a 4.99% beneficial ownership cap (9.99% at investor option).","Securities were sold in an unregistered offering based on Section 4(a)(2) and Rule 506 to an accredited investor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108493,"accession_number":"0001193125-26-024561","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Interactive Strength ups ATM offering capacity to $2.608M; files prospectus supplement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Increased maximum aggregate offering price under H.C. Wainwright ATM agreement to $2,608,000.","Prior sales: $1,646,532 under Gen. Instr. I.B.6 in last 12 months; total ~$10.459M under agreement.","Prospectus supplement filed January 23, 2026; shares issued under effective shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108492,"accession_number":"0001193125-26-021272","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-01-23T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Interactive Strength issues 2.1M shares upon conversion of $1.57M note; outstanding now 5.25M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1,574,867 principal of Incremental Note converted into 2,110,901 shares of common stock on Jan 16, 2026.","Conversion was by TR Opportunities II LLC, the current holder of the Amended and Restated Note.","Issuance exempt from registration under Section 3(a)(9) as an exchange with existing holder; no commission paid.","Post-conversion common shares outstanding total 5,253,081, reflecting significant dilution.","The converted principal amount is approximately 72% of the $2,174,867 Incremental Note balance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108491,"accession_number":"0001193125-26-006397","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-01-07T23:59:59+00:00","items":["1.01","2.03","3.02","3.03","5.02","9.01"],"status":"ready","headline":"Interactive Strength settles debt, issues equity to Vertical, draws $1.15M from warrant exercise, cancels LTI shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Settled $33,750 Net Trade Value by issuing 16,875 Series C Preferred shares to Vertical Investors.","Exchanged $156,202 of loan principal for 28,400 common shares at $5.50/share; loan balance now $14,048.","Investor exercised Class A Incremental Warrants for $1.153M note; received 618,442 common warrants exercisable at $1.5756.","Board cancelled 1.25M Series LTI Preferred shares previously issued to officers/directors; no consideration paid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108490,"accession_number":"0001193125-26-002608","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Interactive Strength exchanges $225K note principal for 150K shares; $222K warrant exercise","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange Agreement reduces New Note principal from $2.146M to $1.921M by issuing 150K common shares at $1.50/share.","Investor exercises Class A Incremental Warrants for $222K note; receives warrants to buy 93,277 common shares.","New Note maturity Dec 30, 2026; convertible at 110% of principal plus interest at $1.309/share conversion price.","Class A Incremental Common Warrants exercisable at $2.011/share through Dec 30, 2032.","As of Jan 5, 2026, company had 3,046,762 common shares outstanding; securities issued under exemptions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124934,"accession_number":"0001193125-25-323793","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["1.01","2.03","3.02","8.01"],"status":"ready","headline":"Interactive Strength receives $260K from warrant exercise, issues convertible note and warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Investor exercises Class A Incremental Warrants to purchase $260,000 principal Class A Incremental Note due Dec 17, 2026.","Note convertible at 110% of principal plus accrued interest into common at $1.793/share; alternate conversion floor $0.326.","Issued Class A Incremental Common Warrants to purchase 79,755 shares at $2.755/share, exercisable through Dec 17, 2032.","Total Class A Incremental Notes purchased under agreement now $10,935,000.","Company had 2,777,714 shares of common stock outstanding as of Dec 17, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124933,"accession_number":"0001193125-25-317646","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-12-12T23:59:59+00:00","items":["1.01","2.03","2.04","3.02","9.01"],"status":"ready","headline":"TRNR defaults on DWF convertible notes; delivers 82.97M FET tokens and issues $4.5M remainder note","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["DWF accelerated $50M June 2025 notes after FET price drop; Liquidation Netting triggered.","Borrowers delivered 82,972,910 FET tokens; issued $4.5M convertible remainder note due Dec 2026.","Vertical Investors loan cut by $632,500 via 115,000 shares at $5.50; remaining balance $170,250.","Backstop Agreement with FET entity terminated.","Pro forma shares outstanding: 2,709,336 as of Dec 11, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124932,"accession_number":"0001193125-25-309804","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-12-05T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Interactive Strength issues $385K senior secured convertible note and warrants under existing facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Investor exercised Class A Incremental Warrants for a $385,000 principal note maturing Dec 4, 2026.","Note convertible at $1.914/share (alternate conversion price floor $0.348); conversion capped at 4.99% ownership.","Issued Class A Incremental Common Warrants for 110,633 shares at $2.941/share, exercisable through Dec 4, 2032.","Transaction under Jan 28, 2025 securities purchase agreement; prior exercises totaled $10.29M principal.","Note is senior secured; securities sold under accredited investor exemption (Rule 506)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124931,"accession_number":"0001193125-25-294680","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Interactive Strength extends maturity of $2.17M convertible note to Sep 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity of Exchange Note (principal $2,174,866.67) extended from Jan 30, 2026 to Sep 26, 2027.","Exchange Note was issued Sep 26, 2025 to replace Woodway Note (original $3.1M) plus related warrant cancellation.","Amendment executed Nov 24, 2025; no other terms modified.","Extension provides additional ~21 months before principal payment is due."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124930,"accession_number":"0001193125-25-283165","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"TRNR reports Q3 record revenue $4.8M (+139% YoY); reiterates $80M+ pro forma guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net loss $5.2M, diluted EPS -$3.11; adjusted EBITDA loss $2.9M.","Revenue $4.8M, up 139% YoY, first full quarter including Wattbike (acquired July 1).","Sportstech acquisition expected to close in 2025; if included, Q3 revenue would be ~$18M.","Reiterates FY 2025 pro forma revenue guidance >$80M and Q4 pro forma Adjusted EBITDA profitability.","CFO transition: Caleb Morgret succeeds Mike Madigan effective upon Q3 10-Q filing."],"consensus_eps_estimate":-71.808,"consensus_eps_actual":-13.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":7391000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124929,"accession_number":"0001193125-25-260937","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-10-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Interactive Strength CFO Michael Madigan resigns; Caleb Morgret named CFO effective Nov 15, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Michael J. Madigan resigned effective Nov 14, 2025; no disagreement with company operations.","Board appointed Caleb Morgret as CFO, principal financial and accounting officer, effective Nov 15, 2025.","Morgret receives $300,000 base salary and is eligible for performance bonus of up to 50% of base salary.","Morgret has over 20 years finance experience, including CFO roles at Centenara Labs, Lucero Energy, and White Star Petroleum."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124928,"accession_number":"0001193125-25-232027","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Interactive Strength issues $1M convertible note; investor receives 142,857 warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On Oct 3, 2025, an accredited investor exercised Class A warrants to purchase a $1M senior secured convertible note.","Note matures Oct 3, 2026; convertible at $3.85/share (alternate conversion floor price $0.6872).","Investor also received Class A Common Warrants for 142,857 shares at $5.916/share, expiring Oct 3, 2032.","Conversion/exercise blocked if beneficial ownership exceeds 4.99% (or 9.99% per investor election).","Stockholder approval previously obtained for up to 10.2M conversion shares and 684,647 warrant shares (post-reverse split)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124927,"accession_number":"0001193125-25-228627","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Interactive Strength exchanges Woodway Note for $2.17M new note, cancels warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged $3.1M Woodway Note for new $2,174,866.67 Incremental Note due Jan 30, 2026.","New note bears 12% annual interest, convertible at $5.50/share or alternate conversion price.","Class B Incremental Warrants for $2,174,866.67 principal were canceled in connection with exchange.","Exchange executed under Section 3(a)(9) Securities Act exemption; investor is affiliated entity TR Opportunities.","Maturity of Jan 30, 2026; alternate conversion price may be as low as 85% of VWAP during event of default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141644,"accession_number":"0001193125-25-225252","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-09-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Interactive Strength shareholders reject Wattbike and LTI share issuances; approve reverse split up to 1:100","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Aaron N.D. Weaver elected as Class II director with 128,273 votes for.","Deloitte & Touche ratified as auditor for FY2025 (681,465 for).","Wattbike share issuance proposal failed: 61,667 for, 77,908 against.","LTI convertible preferred issuance failed: 62,838 for, 78,063 against.","Reverse stock split authorized within range of 1:4 to 1:100 (467,662 for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141643,"accession_number":"0001193125-25-213543","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Interactive Strength restructures convertible notes, issues additional $2M note and warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Global Amendment restructures existing notes with 3-year maturity; conversion price set at 130% of prior closing price.","Investor exercises $2M incremental warrant; new note convertible at $3.85/share (110% of prior closing).","Warrants issued for 285,714 shares at $5.916 strike, exercisable through September 2032.","Prior $3.25M note and $4M incremental note from Jan/Mar 2025 fully converted to common stock.","$5.71M in Class A Incremental Warrants remain outstanding after this exercise."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141635,"accession_number":"0001193125-25-206325","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K/A","filed_at":"2025-09-17T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Interactive Strength acquires Wattbike for $4M; pro forma shows combined net loss of $11.9M for H1 2025","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $4.0M: 1.3M Series E Preferred ($2.6M fair value), bridge $0.8M, contingent $0.2M, de minimis cash.","Pro forma combined H1 2025: revenue $11.8M, net loss $11.9M; FY 2024 pro forma: revenue $21.3M, net loss $41.9M.","Wattbike standalone H1 2025: revenue $9.2M, net loss $2.5M; Interactive standalone H1 2025: revenue $2.6M, net loss $8.8M.","Acquisition closed July 1, 2025; Wattbike historical and pro forma financials filed in this 8-K/A."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141642,"accession_number":"0000950170-25-111723","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-08-27T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Interactive Strength raises $290k via convertible note and warrant exercise by accredited investor","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Investor exercised Class A Incremental Warrants for $290k principal of senior secured convertible notes due Aug 26, 2028.","Conversion price for notes set at $5.135 per share; notes convertible into shares at 110% of principal plus accrued amounts.","Investor received 31,061 Class A Incremental Common Warrants with exercise price $7.89/share, expiring Aug 26, 2032.","Beneficial ownership cap of 4.99% (or 9.99% at investor's option) applies to conversion and warrant exercise.","This is the third draw under the January 2025 securities purchase agreement; prior draws were $4M and $3M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141641,"accession_number":"0000950170-25-109001","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Interactive Strength Q2 rev $1.2M, net loss $2.2M; raises 2025 pro forma guidance to >$80M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $1.2M, net loss $2.2M ($2.13/sh); Adjusted EBITDA loss $1.7M, improving 40% YoY.","Raised FY 2025 pro forma revenue guidance to >$80M, citing Sportstech's stronger performance.","Owns 67.4M FET tokens (avg price $0.70/token); valued >$50M as of Aug 13, 2025.","Wattbike acquisition closed July 1, 2025; Sportstech pending; combined Q2 would have been ~$17M rev.","Reiterates Q4 2025 Adjusted EBITDA profitability guidance."],"consensus_eps_estimate":-192.882,"consensus_eps_actual":-12.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":2576000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141640,"accession_number":"0000950170-25-106001","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength settles $1.04M debt, issues stock, lowers conversion price to $5.50","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Settled $1,040,671 Net Trade Value with Vertical Investors: $649,207 cash plus 195,732 Series C Preferred shares.","Reduced Loan principal by $330K in exchange for 60,000 common shares at $5.50 each (above Aug 7 close of $4.21).","Lowered conversion price on $1.9M note from $25.70 to $5.50 for TR Opportunities II LLC via letter agreement.","Outstanding loan balance now $753,119.63 after the exchange."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141639,"accession_number":"0000950170-25-098880","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-07-25T23:59:59+00:00","items":["1.01","2.03","3.02","5.08"],"status":"ready","headline":"Interactive Strength issues $3M convertible notes, 304K warrants; annual meeting Sept 26","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Investor exercised Class A Incremental Warrants for $3M principal of senior secured convertible notes due July 25, 2028.","Issued 304,428 Class A Incremental Common Warrants at $12.46/share, exercisable through July 2032.","Notes convertible at 110% of principal plus accrued interest into common shares at $5.42/share.","2025 Annual Meeting set for September 26, 2025; record date July 29, 2025.","Shareholder proposals and director nominations must be received by August 5, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141638,"accession_number":"0000950170-25-095305","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-07-11T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Interactive Strength induces warrant exercise of 18,450 shares at reduced price of $5.42 per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On July 7, 2025, Interactive Strength entered an inducement letter with TR Opportunities I LLC to exercise 18,450 warrants.","Original exercise price of $48.20 per share reduced to $5.42 (Nasdaq closing price on July 3, 2025).","Company received exercise notices and will issue registered common shares for cash proceeds of ~$100,000.","The warrants were originally issued in January 2025; the inducement follows a 1-for-10 reverse stock split on June 27, 2025.","Proceeds used for general corporate purposes; shares are registered for resale under an effective S-1 registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141637,"accession_number":"0000950170-25-094587","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["2.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength closes acquisition of Wattbike; pays £1 for shares, issues 1.3M preferred shares for notes","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Closed acquisition of Wattbike (Holdings) Limited on July 1, 2025.","Acquired all shares of Wattbike for £1.00; issued 1,300,000 shares of Series E Convertible Preferred Stock for the notes.","Additional consideration may be payable upon achievement of milestones as previously disclosed.","Financial statements and pro forma information to be filed by amendment within 71 days after July 8, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141636,"accession_number":"0000950170-25-093152","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-07-02T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"Interactive Strength closes Wattbike acquisition, effects 1-for-10 reverse stock split, issues Series E Preferred","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Reverse stock split 1-for-10 effective June 26; shares outstanding reduced from 14,091,197 to 1,409,047.","Series E Convertible Preferred Stock (1.3M shares) designated and issued on July 1, 2025 for Wattbike acquisition.","Series E Preferred has $2.00 per share Original Issue Price, mandatory conversion on June 15, 2026, subject to Nasdaq limitations.","No fractional shares; cash paid for fractions. Trading symbol TRNR unchanged; new CUSIP 45840Y401."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159530,"accession_number":"0000950170-25-088526","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["3.02","5.02","8.01"],"status":"ready","headline":"Interactive Strength appoints co-founder Bartlett as COO/President, issues 1.25M LTI shares to insiders","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Benjamin Bartlett appointed COO and President effective June 14, 2025; co-founder returns from advisor role.","Total of 1,250,000 LTI convertible preferred shares issued to executive officers and board members.","CEO Trent Ward receives 500,000 LTI shares; new salary $450,000 with bonus up to 75%.","CFO Michael Madigan and CTO Deepak Mulchandani each receive 200,000 LTI shares; salaries $350k and $375k.","Non-employee directors Weaver, Touw, Leis each receive 50,000 LTI shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159529,"accession_number":"0000950170-25-085471","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-06-12T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Interactive Strength creates Series LTI Convertible Preferred Stock for officers and directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["5,000,000 shares designated as Series LTI Convertible Preferred Stock; Original Issue Price $2.00 per share.","Conversion Price $1.06 per share; convertible at holder's option from June 6, 2026, subject to Nasdaq approval.","Dividends accrue at 10% of Original Issue Price compounded annually, payable only to eligible board members or executives.","Shares have no voting rights; if stockholder approval not obtained by June 6, 2026, company will redeem at Original Issue Price.","Issuable only to certain executive officers and non-executive directors; no public trading market expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159528,"accession_number":"0000950170-25-084654","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["1.01","2.03","3.02","8.01","9.01"],"status":"ready","headline":"Interactive Strength raises up to $500M via convertible notes to acquire FET tokens; initial $55M closed","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Initial $55.5M principal convertible notes (10% OID, 12% interest) issued to ATW Partners and DWF Labs; net $50M proceeds.","94.5% ($47.25M) of net proceeds used to buy FET tokens for crypto treasury; 5.5% for expenses.","Notes convertible into common at $0.9457 (20% premium to $0.7881 close) or exchangeable into FET after 6 months.","Up to $444.4M additional notes available (total $500M facility); Fetch.ai provides $47.25M backstop FET collateral.","Company enters technology collaboration with Fetch.ai to power AI-driven fitness training platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159527,"accession_number":"0000950170-25-084290","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Interactive Strength issues $725K convertible note at 15% to S Interactive LLC","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal $725K with 10% OID, net proceeds $652,500; matures June 4, 2027.","Interest accrues at 15% per annum, payable in cash or stock at conversion.","Conversion price $1.25 per share into Series A Preferred Stock, exercisable anytime before maturity.","Prepayment requires minimum interest of $217,500 if paid early.","Proceeds used for general corporate purposes; upon default all principal and interest become due."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159526,"accession_number":"0000950170-25-082373","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Interactive Strength issues ~69k preferred shares as in-kind dividend","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Issued 47,332 Series A preferred shares as dividend on June 3, 2025.","Issued 21,584 Series C preferred shares as dividend on same date.","Shares issued via PIK dividend declared June 2, 2025.","Following issuance: 4,799,867 Series A and 1,210,155 Series C shares outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159525,"accession_number":"0000950170-25-079000","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Interactive Strength increases loan to Sportstech to $5.6M; adds $3.35M facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Original $2.25M loan fully disbursed; new $3.35M tranche (Loan Facility B) extends total to $5.6M.","Loan Facility B carries 10% annual interest and a 10% discount; minimum draw $250k, must be fully drawn by July 30, 2025.","Borrower may extend term 5 months to Dec 30, 2025, subject to no default and extension fee as per fee letter.","Loan is for Sportstech's general corporate purposes; existing transaction security (share pledge, guarantee) continues."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159524,"accession_number":"0000950170-25-077765","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Interactive Strength issues $2M promissory note to largest customer Woodway USA with warrant","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Unsecured note with original issue discount of 10% ($1.8M purchase price), 15% interest, due May 21, 2027.","Warrant issued to purchase 400,000 shares at $1.25 per share, exercisable until May 21, 2035.","Prepayment penalty applies if total interest paid is less than $600,000.","Warrant contains 4.99% beneficial ownership limitation; issued under Regulation D to accredited investor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159523,"accession_number":"0000950170-25-074472","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Interactive Strength Q1 revenue $1.4M (4x YoY), raises 2025 guidance to >$75M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $1.4 million, up nearly 4x from prior-year period; net loss $6.6M ($1.74 per share) vs $11.4M loss a year ago.","Adjusted EBITDA loss of $2.5 million, a 29% YoY improvement; stockholders' equity rose to $13.8M from $7.1M at year-end.","Raises 2025 pro forma revenue guidance to more than $75M, up from $65M, citing strong Q1 across TRNR and pending Sportstech/Wattbike acquisitions.","Pending acquisitions of Sportstech and Wattbike not yet closed; pro forma Q1 revenue including those entities exceeded $20M.","Expects positive adjusted EBITDA in Q4 2025 on a pro forma basis."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":1356000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159522,"accession_number":"0000950170-25-062783","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Interactive Strength settles $500k advisory fee with unsecured promissory note to Berenberg","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settled $500,000 liability owed to Berenberg Capital Markets for IPO advisory services.","Issued unsecured promissory note for $500k, 5% annual interest, due May 1, 2026.","Note is unsecured and includes restrictive legend under Securities Act.","No cash paid; extinguishes the existing liability entirely."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159521,"accession_number":"0000950170-25-057431","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Interactive Strength issues ~128K preferred shares as in-kind dividend on Series A and C","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Declared dividend in kind: 81,464 Series A Preferred shares issued on April 17, 2025.","Also issued 46,727 Series C Preferred shares as in-kind dividend on same date.","Post-dividend: 4,752,535 Series A and 1,511,687 Series C shares outstanding.","Issuance exempt from registration under Section 4(a)(2) of Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159520,"accession_number":"0000950170-25-055909","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-04-18T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength cuts convertible note conversion price to $1.10 from $2.57","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended convertible note with ~$1.9M principal held by TR Opportunities II LLC.","Conversion price lowered from $2.57 to $1.10 (premium to April 17 closing price).","Company and CLMBR granted a broad release of claims to the note holder.","Conversion shares will be issued unregistered under Section 3(a)(9) of Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159519,"accession_number":"0000950170-25-053378","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-04-11T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Interactive Strength signs binding deal to acquire Wattbike for £1 plus stock earn-out","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires all shares of Wattbike for £1; noteholders receive Series E Preferred stock convertible to common by June 15, 2026.","Earn-out: 50% of FY26 revenue above £17.5M (cap £1.5M) and 50% of FY27 revenue above £20M (cap £1.5M).","Closing expected Q2 2025, subject to FCA consent and other customary conditions; terminates if not met by Sept 30, 2026.","Pro forma 2025 revenue >$65M; Wattbike has sold >100,000 bikes and is used by NFL, NBA, MLB, NHL, Premier League teams.","Synergies via shared distributors WOODWAY and MeFit Pro; manufacturing with Giant/AIPS in Taiwan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159518,"accession_number":"0000950170-25-051151","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Interactive Strength issues 1.19M Series C Preferred shares to settle $2.38M debt with Vertical Investors","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Interactive issued 1,188,571 Series C Preferred shares at $2.00 each to settle $2,377,141.75 owed under Loan Restoration Agreement.","Settlement dated March 31, 2025 extinguishes Net Trade Value liability from prior preferred stock dispositions.","After issuance, Vertical holds 1,464,960 Series C Preferred shares issued unregistered under Section 4(a)(2) of Securities Act.","Company agreed not to incur new debt or issue senior/preferred stock without Vertical's consent while Vertical holds Series C Preferred."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177898,"accession_number":"0000950170-25-047870","cik":1785056,"company_name":"Interactive Strength, Inc.","ticker":"TRNR","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Interactive Strength reports Q4 revenue of $2.4M, net loss $5.8M; expects >$50M pro forma 2025 revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2024 revenue of $2.4M met guidance; full-year revenue $5.4M.","Net loss $5.8M ($7.26 diluted EPS loss); adjusted EBITDA loss $1.9M improved 42% YoY.","Stockholders' equity $7.1M at year end.","Pending acquisitions on track; company expects >$50M in 2025 pro forma revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":1356000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1788061.1013468462,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2025-03-31T23:59:59+00:00|177898"}