other material
confidence high
sentiment negative
materiality 0.70
Interactive Strength dismisses Deloitte, hires Cherry Bekaert; prior audits had going concern & material weaknesses
Interactive Strength, Inc.
- 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.