Interactive Strength Inc. (NASDAQ: TRNR) d/b/a Forme is a digital fitness platform that combines premium connected fitness hardware products with personal training and coaching (from real humans) to deliver an immersive experience and better outcomes for both consumers and trainers. We believe we are the pioneer brand in the emerging sector of virtual personal training and health coaching and that our products and services are accelerating a powerful shift towards outcome-driven fitness solutions. The company is headquarters in Austin, Texas, USA. Visit formelife.com for more information, and connect with Forme on Facebook, and Instagram.
Company profile
Ticker
TRNR
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
821432916
TRNR stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
30 Apr 24
424B3
Prospectus supplement
30 Apr 24
8-K
Departure of Directors or Certain Officers
30 Apr 24
424B3
Prospectus supplement
26 Apr 24
8-K
Reduced the liability of the Senior Loan by converting $3.0 million to equity
26 Apr 24
424B3
Prospectus supplement
25 Apr 24
10-K/A
2023 FY
Annual report (amended)
25 Apr 24
424B3
Prospectus supplement
19 Apr 24
8-K/A
Consolidated Financial Statements
18 Apr 24
424B3
Prospectus supplement
4 Apr 24
Latest ownership filings
4
Deepak Manu Mulchandani
22 Dec 23
4
Michael Madigan
22 Dec 23
4
Trent Alexander Ward
22 Dec 23
4
Change in insider ownership
22 Dec 23
4
Change in insider ownership
22 Dec 23
4
Change in insider ownership
22 Dec 23
4
Touw Kirsten Bartok
9 Jun 23
4
Aaron Ngoc Dung Weaver
9 Jun 23
4
Michael Madigan
9 Jun 23
4
Deepak Manu Mulchandani
9 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
---|---|---|---|---|---|---|
Cash on hand (at last report) | 30.00 k | 30.00 k | ||||
Cash burn (monthly) | 457.67 k | 3.47 mm | ||||
Cash used (since last report) | 3.22 mm | 24.43 mm | ||||
Cash remaining | -3.19 mm | -24.40 mm | ||||
Runway (months of cash) | -7.0 | -7.0 |
Institutional ownership, Q2 2023
17.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 5 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 143.81 mm |
Total shares | 3.45 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
block.one | 3.38 mm | $21.27 mm |
Point72 Asset Management | 37.50 k | $104.63 mm |
Close Asset Management | 33.96 k | $97.00 k |
Cubist Systematic Strategies | 6.26 k | $17.47 mm |
Tower Research Capital | 122.00 | $340.00 k |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 23 | Interactive Strength | Stock Option Common Stock | Grant | Acquire A | No | No | 0.92 | 30,000 | 27.60 k | 1,036,001 |
20 Dec 23 | Interactive Strength | Stock Option Common Stock | Grant | Acquire A | No | No | 0.92 | 60,000 | 55.20 k | 118,965 |
20 Dec 23 | Interactive Strength | Stock Option Common Stock | Grant | Acquire A | No | No | 0.92 | 30,000 | 27.60 k | 735,309 |
20 Dec 23 | Trent Alexander Ward | Stock Option Common Stock | Grant | Acquire A | No | No | 0.92 | 30,000 | 27.60 k | 1,036,001 |
20 Dec 23 | Michael Madigan | Stock Option Common Stock | Grant | Acquire A | No | No | 0.92 | 60,000 | 55.20 k | 118,965 |
News
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
29 Apr 24
Interactive Strength Says It Strengthened Balance Sheet By Partially Converting Senior Loan To Equity And Extending Maturity; Company Reduced Liability Of Senior Loan by Converting $3.0M To Equity
26 Apr 24
12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
24 Apr 24
11 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
17 Apr 24
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
15 Apr 24
Press releases
Interactive Strength Inc. (Nasdaq: TRNR) Strengthens Balance Sheet by Partially Converting Senior Loan to Equity and Extending the Maturity
26 Apr 24
Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results
1 Apr 24
Interactive Strength Inc. (Nasdaq: TRNR) to Exhibit Both CLMBR and FORME Lift at IHRSA in Los Angeles March 6-8
6 Mar 24
Thinking about buying stock in Intuitive Machines, SoundHound AI, Interactive Strength, Altimmune, or NanoVibronix?
26 Feb 24
Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform
7 Feb 24