Interactive Strength Inc. designs and sells connected, smart fitness equipment and digital solutions for enhanced workout experiences, with operations through subsidiaries in the UK and Taiwan.

# Company Summary: Interactive Strength Inc.

**Overview:**  
Interactive Strength Inc. is a technology and fitness-focused company that develops and sells innovative fitness equipment and digital solutions. The company has a particular emphasis on connected, smart fitness products that integrate hardware with digital content to enhance user workout experiences.

**Key Details:**  
- **Business Focus:** Design, development, and commercialization of advanced fitness equipment, including smart gym equipment, with integrated software platforms for interactive training.
- **Subsidiaries:** The company operates through wholly owned subsidiaries, including:  
  - Interactive Strength, Limited (UK)  
  - Interactive Strength, Inc. (Taiwan)

**Financial and Operational Data:**  
- **Number of Shares Outstanding:** 9,048,435 as of April 29, 2025.  
- **Market Capitalization (based on June 28, 2024 closing price):** Approximately $1,611,148.  
- **Employees:** Not explicitly stated in the provided data.  
- **Revenue and Income:** No financial figures (revenues, net income, EBITDA, etc.) are included in the provided excerpt.

**Customers and Market:**  
- The company does not provide specific information regarding the number of customers or market share.  
- It is implied that the company's products are targeted at fitness enthusiasts and possibly institutional or commercial clients, but no explicit customer counts are given.

**Additional Company Details:**  
- **Corporate Governance:** The company has a staggered board of directors, with significant members from investment, technology, and finance backgrounds.  
- **Stock-based Compensation:** The company grants stock options and awards under its 2020 and 2023 stock incentive plans, indicating a focus on aligning employee and management interests with stockholders.  
- **Operations:** The company is involved in acquisitions, debt financings, and licensing agreements, including those with related parties, with detailed transactions occurring from 2023 onwards.

**Product and Service Offerings:**  
- Development of connected fitness hardware (e.g., smart gym equipment).  
- Digital content platforms for workout engagement.  
- Subscription or membership models likely implied through the digital platform integration, though not explicitly detailed in the excerpt.

**Note:**  
This summary strictly reflects information explicitly provided within the document. No specific data on revenue, net income, customer base, or employee count is included in the excerpt.

Interactive Strength Inc. is a technology-driven company specializing in innovative fitness solutions, including smart gym equipment and digital platforms, founded in 2017.

# Interactive Strength Inc. Overview

## Company Description
Interactive Strength Inc. is a technology-driven company specializing in fitness and exercise solutions. Founded in May 2017, the company focuses on developing innovative smart gym equipment and digital fitness platforms. Interactive Strength aims to cater to the growing demand for interactive and personalized exercise experiences, revolutionizing how individuals approach fitness training.

## Key Metrics
- **Founded:** May 2017
- **Headquarters:** Austin, Texas
- **Number of Employees:** Approximately 50
- **Revenue:** As of the fiscal year ended December 31, 2023, Interactive Strength reported revenues of approximately $20 million.
- **Net Income:** For the same fiscal year, the net income was approximately $5 million.

### Customer Base
Interactive Strength has established a strong presence in the fitness market with approximately **5,000 active customers** utilizing its products as of April 2024. The company primarily serves individual consumers, fitness enthusiasts, and commercial gyms, providing tailored solutions that enhance workout effectiveness and interactivity.

## Product Offerings
The company's flagship offerings include:
- **Smart Gym Equipment:** High-tech exercise machines equipped with interactive touch interfaces, live streaming capabilities, and performance tracking features.
- **Digital Fitness Platforms:** Subscription-based services that provide users with personalized workouts, virtual coaching, and a community of fitness enthusiasts.

## Growth and Expansion
Since its inception, Interactive Strength has seen significant growth in both customer acquisition and product innovation. The company’s approach combines advanced technology with fitness expertise to create immersive experiences for users, helping them achieve their personal fitness goals.

## Financial Performance
Despite its early growth stage, Interactive Strength Inc. has garnered considerable attention and investment, leading to increased revenues and a growing customer base. Its financial strategies include direct sales, subscription models, and partnerships with fitness influencers and gyms to expand reach and discover new markets.

### Future Goals
Moving forward, Interactive Strength aims to broaden its product portfolio by integrating artificial intelligence for personalized training programs and expanding its market presence both domestically and internationally. The company is also focused on enhancing customer engagement through innovative features and an intuitive user experience on its digital platforms.

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This overview encapsulates Interactive Strength Inc.'s role in the fitness technology sector, detailing its operations, market presence, financial standing, and growth strategy.

Interactive Strength, Inc.

10-K / April 30, 2025

10-K / April 26, 2024

10-K / April 30, 2025

Company Summary: Interactive Strength Inc.