FORM 10-Q INTERACTIVE STRENGTH INC. (Exact name of registrant as specified in its charter) Delaware( State or other jurisdiction ofincorporation or organization)1005 Congress Ave, Suite 925Austin, Texas(Address of principal executive offices)Registrant’s telephone number, including area code: (512) 885-0035 78701(Zip Code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).APPLICABLE ONLY TO CORPORATE ISSUERS: Unless otherwise indicated, all share numbers and per share totals have been adjusted to reflect the 1-for-40 reverse stock split that waseffective on June 14, 2024, the 1-for-100 reverse stock split that was effective on November 11, 2024, the 1-for-10 reverse stock split that was TABLE OF CONTENTS Part I. Financial Information (unaudited)(In thousands, except share and per share amounts) INTERACTIVE STRENGTH INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1.Description of Business and Basis of Presentation Description and Organization Interactive Strength Inc. (the "Company") is an acquisition-focused company seeking to accelerate growth via acquisitions anddeploy capital into sectors that are considered undervalued due to temporary factors, operational or misunderstood industry trends.The Company's current portfolio consists of four leading brands serving the commercial and at-home markets with specialty fitnessequipment and virtual training: Wattbike, Ergatta, CLMBR and FORME. Wattbike, acquired on July 1, 2025, offers a range ofhigh-performance indoor bikes and has built a reputation as the training tool trusted by the world's top athletes, teams and militaryprograms. CLMBR manufactures vertical climbing equipment and provides a unique digital and on-demand training platform. Reverse Stock Split On February 23, 2026, the Company filed a Certificate of Amendment to the Company’s Amended and Restated Certificate ofIncorporation with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock,$0.0001 par value per share (the "Common Stock"), at a rate of 1-for-10 (the “February 2026 Reverse Stock Split”), effective on On June 26, 2025, the Company filed a Certificate of Amendment to the Company’s Amended and Restated Certificate ofIncorporation with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock,$0.0001 par value per share, at a rate of 1-for-10 (the “June 2025 Reverse Stock Split”), effective on June 26, 2025. The June 2025 The February 2026 Reverse Stock Split and the June 2025 Reverse Stock Split (collectively, the "Reverse Stock Splits") bothresulted in each holder of Common Stock owning fewer shares of Common Stock. However, the Reverse Stock Splits affected allholders of Common Stock uniformly and did not affect any stockholder’s percentage ownership interest in the Company.Therefore, voting rights and other rights and preferences of the holders of Common Stock were not affected by the Reverse StockSplits. Common stock issued pursuant to the Reverse Stock Splits remains fully paid and nonassessable, without any change in thepar value per share. Pursuant to the Charter Amendment, no fractional shares were issued in connection with the Reverse Stock All share and per share information, including earnings per share, in this Form 10-Q have been retroactively adjusted to reflect theReverse Stock Splits, and certain items in prior period financial statements have been revised to conform to the current presentation Acquisition of Ergatta, Inc. On February 18, 2026, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Ergatta, Inc., aDelawar