Interactive Strength Inc. (Nasdaq: TRNR) Strengthens Balance Sheet by Partially Converting Senior Loan to Equity and Extending the Maturity
April 26, 2024 07:00 ET
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Interactive Strength Inc.
Reduced the Liability of the Senior Loan by Converting $3.0 Million to Equity Extended the Maturity of the Remaining Balance to December 2024 AUSTIN, TX, April 26, 2024 (GLOBE NEWSWIRE) -- via...
Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results
April 01, 2024 21:17 ET
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Interactive Strength Inc.
Net Loss and Earnings per Diluted Share of $11.4 million and $0.80 Adjusted EBITDA was a $3.5 million loss, a $5.5 million improvement versus fourth quarter of 2022 The Company confirms it expects...
Interactive Strength Inc. (Nasdaq: TRNR) Receives Letter From Nasdaq Confirming That the Company Complies With the Stockholders’ Equity Requirement
March 05, 2024 07:00 ET
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Interactive Strength Inc.
The letter Confirms Compliance as a Result of the Company’s Successful Execution of Its Compliance Plan Stockholders’ Equity Was Increased Through the Acquisition of CLMBR and the Conversion to...
Interactive Strength Inc. (Nasdaq: TRNR) Enters Into Exclusive Worldwide Distribution Agreement With WOODWAY to Sell and Distribute CLMBR
February 26, 2024 07:00 ET
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Forme
The initial purchase order is expected to generate more than $7 million of net revenue and TRNR has sufficient inventory to fulfill the entire purchase orderThe Company confirms that it expects to...
Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform
February 07, 2024 07:00 ET
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Forme
The combined business is anticipated to generate between $15 million and $20 million in revenue in 2024, driven primarily by B2B sales to gyms, fitness studios and multi-family residentialEquipment...
Interactive Strength Inc. d/b/a FORME Reports Third Quarter 2023 Results
November 14, 2023 19:51 ET
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Forme
Net Loss and Earnings per Diluted Share of $10.4 million and $0.73 Adjusted EBITDA was a $3.4 million loss, a $5.8 million improvement versus third quarter of 2022 Entered into a definitive...
Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”) Announces Non-Binding Letter of Intent and Exclusivity Agreement to Acquire a Connected Fitness Equipment Business
August 15, 2023 07:30 ET
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Forme
The combined Company is projected to generate more than $25 million in gross revenue in 2024 and be cashflow positive and adjusted EBITDA profitable by the fourth quarter of 2024It is currently...
Interactive Strength Inc. d/b/a FORME Reports Second Quarter 2023 Results
August 15, 2023 06:00 ET
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Forme
Net Loss and Earnings per Diluted Share of $13.6 million and $1.02 Adjusted EBITDA was a $5.7 million loss, a $4.1 million improvement versus second quarter of 2022 Average Annualized Recurring...
Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”) Announces Distribution Partnership With Industry Leading Integrated Fitness Services Company, The Risher Companies
August 03, 2023 07:50 ET
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Forme
Company Continues Business-To-Business Commercial Strategy to Strengthen Multi-Year Subscription OpportunitiesFORME Selected as a Preferred Equipment Supplier for Industry Leading Fitness Center...
Interactive Strength Inc. Secures $15M Credit Facility to Support Increased Demand
June 12, 2023 09:14 ET
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Forme
AUSTIN, TX, June 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), maker of premium smart home gyms and provider of...