---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-026899"
form_type: "8-K"
ticker: "TRNR"
cik: "0001785056"
company_name: "Interactive Strength, Inc."
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T05:09:38.390164+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength Q1 net loss $16.0M; Adj EBITDA loss improves to $4.4M; $15M note agreement

## Summary
- Net loss of $16.0M ($2.09 diluted EPS) vs $12.7M loss in Q1 2022; EPS improved due to IPO-related share count changes.
- Adj EBITDA loss of $4.4M, a $6.3M improvement vs prior year; includes $14.6M non-cash stock-based compensation.
- Average Annualized Recurring Revenue per Household $1,650, more than 3x higher vs Q1 2022.
- New Note Purchase Agreement to issue up to $15.0M in senior secured notes.

## SEC filing metadata
- accession: 0000950170-23-026899
- form_type: 8-K
- ticker: TRNR
- cik: 0001785056
- company_name: Interactive Strength, Inc.
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785056/000095017023026899/0000950170-23-026899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785056/000095017023026899/trnr-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026899
- JSON: https://secwatch.observer/filing/0000950170-23-026899.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026899.txt

## Key facts
- Earnings Releases
  Interactive Strength, Inc. reported first quarter of 2023 results: net income net loss of $16.0 million, EPS loss of $2.09 per diluted share.
  - Period: first quarter of 2023
  - Net income: net loss of $16.0 million
  - EPS: loss of $2.09 per diluted share
  - Result: reported results
  source text: Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), today announced its financial results for the first quarter of 2023. The Company incurred a net loss of $16.0 million for the first quarter of 2023, or a loss of $2.09 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017023026899/0000950170-23-026899-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.