secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0000950170-23-042453
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength Q2 net loss $13.6M; signs LOI to acquire connected fitness equipment firm
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- Net loss of $13.6M ($1.02 diluted EPS) vs $11.9M ($24.46 diluted EPS) in Q2 2022.
- Adjusted EBITDA loss of $5.7M, a $4.1M improvement from prior year; includes $4.3M non-cash stock comp.
- Average Annualized Recurring Revenue per Household at $1,570, more than triple Q2 2022.
- Entered non-binding LOI to acquire a connected fitness equipment business; exclusivity agreement in place.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000095017023042453/0000950170-23-042453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000095017023042453/trnr-20230814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-042453

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