TRNR · Interactive Strength, Inc.
$3.05
-0.04 (-1.29%)
At close · Aug 27
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These uncertainties raise substantial doubt about the Company's ability to continue as a going concern. The accompanying consolidated financial statements have been prepared on the basis that the Company will continue to operate as a going concern, which contemplates that the Company will be able to realize assets and settle liabilities and commitments in the normal course of business for the foreseeable future. Accordingly, the accompanying consolidated financial statements do not include any adjustments that may result from the outcome of these uncertainties.”View the 10-Q filed Aug 14, 2026
Market Cap
$5.00M
Shares
1.62M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Trent A. Ward | Chief Executive Officer | $415,625 |
| Benjamin Bartlett | Chief Operating Officer and President | $327,083 |
| Michael J. Madigan | Former Chief Financial Officer | $283,333 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Trent A. Ward | Chief Executive Officer | $300,000 |
| Michael J. Madigan | Chief Financial Officer | $250,000 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Trent A. Ward | Chief Executive Officer | $20,050,877 |
| Michael J. Madigan | Chief Financial Officer | $857,488 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Trent A. Ward | Chief Executive Officer | $4,549,920 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Caleb Morgret | Chief Financial Officer | Appointed | 2025-10-31 |
| Michael J. Madigan | Chief Financial Officer | Resigned | 2025-10-31 |
| Benjamin Bartlett | Chief Operating Officer and President | Appointed | 2025-06-20 |
| David Leis | member of the Board | Appointed | 2024-04-30 |