2024 Q1 Form 10-K Financial Statement

#000095017024039531 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $363.0K $183.0K $962.0K
YoY Change 131.21% -5.67% 41.26%
Cost Of Revenue $1.563M $1.800M $6.490M
YoY Change -13.55% -37.67% -32.03%
Gross Profit -$1.200M -$1.617M -$5.528M
YoY Change -27.32% -39.98% -37.66%
Gross Profit Margin -330.58% -883.61% -574.64%
Selling, General & Admin $6.218M $7.392M $38.91M
YoY Change -62.19% -13.53% 52.48%
% of Gross Profit
Research & Development $2.023M $2.248M $10.04M
YoY Change -35.01% -51.92% -49.68%
% of Gross Profit
Depreciation & Amortization $191.0K $1.595M $6.526M
YoY Change -36.33% 8.14% 6.25%
% of Gross Profit
Operating Expenses $8.241M $9.640M $48.95M
YoY Change -57.87% -27.11% 7.64%
Operating Profit -$9.441M -$11.26M -$54.48M
YoY Change -55.49% -29.29% 0.25%
Interest Expense -$2.000M -$206.0K -$1.588M
YoY Change -1061.54% 0.98% 66.81%
% of Operating Profit
Other Income/Expense, Net -$1.953M $61.00K $2.100M
YoY Change -137.2% -102.27% -160.85%
Pretax Income -$11.39M -$11.40M -$51.37M
YoY Change -28.61% -39.38% -11.77%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.39M -$11.40M -$51.37M
YoY Change -28.61% -39.38% -11.77%
Net Earnings / Revenue -3138.84% -6230.6% -5340.23%
Basic Earnings Per Share -$0.67 -$4.15
Diluted Earnings Per Share -$0.67 -$0.80 -$4.15
COMMON SHARES
Basic Shares Outstanding 19.54M 14.31M 12.37M
Diluted Shares Outstanding 16.99M 12.37M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.830M $1.815M $1.815M
YoY Change -59.66% -52.6% -52.6%
Cash & Equivalents $0.00 $1.815M $1.815M
Short-Term Investments
Other Short-Term Assets $798.0K $933.0K $933.0K
YoY Change -37.46% -34.57% -34.57%
Inventory $3.500M $2.607M $2.607M
Prepaid Expenses
Receivables $177.0K $1.000K $1.000K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.879M $5.356M $5.356M
YoY Change 15.19% -45.47% -45.47%
LONG-TERM ASSETS
Property, Plant & Equipment $392.0K $727.0K $727.0K
YoY Change -62.67% -49.37% -49.37%
Goodwill $13.20M $0.00
YoY Change
Intangibles $6.900M $2.254M
YoY Change 106.09% -41.21%
Long-Term Investments
YoY Change
Other Assets $7.933M $8.465M $8.465M
YoY Change 13.39% -9.51% -9.51%
Total Long-Term Assets $30.69M $11.45M $11.45M
YoY Change 69.97% -21.74% -21.74%
TOTAL ASSETS
Total Short-Term Assets $8.879M $5.356M $5.356M
Total Long-Term Assets $30.69M $11.45M $11.45M
Total Assets $39.56M $16.80M $16.80M
YoY Change 53.58% -31.27% -31.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.25M $10.56M $10.56M
YoY Change 59.44% 36.41% 36.41%
Accrued Expenses $5.969M $960.0K $960.0K
YoY Change 68.71% -80.37% -80.37%
Deferred Revenue $192.0K $77.00K
YoY Change 448.57% 165.52%
Short-Term Debt $19.05M $9.806M $9.806M
YoY Change 55.62% -10.68% -10.68%
Long-Term Debt Due $19.11M $9.928M
YoY Change
Total Short-Term Liabilities $38.53M $21.53M $21.53M
YoY Change 59.69% -10.9% -10.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.285M $820.0K $820.0K
YoY Change 116.33% -72.78% -72.78%
Total Long-Term Liabilities $1.285M $820.0K $820.0K
YoY Change 116.33% -72.78% -72.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.53M $21.53M $21.53M
Total Long-Term Liabilities $1.285M $820.0K $820.0K
Total Liabilities $39.82M $22.35M $22.35M
YoY Change 61.05% -17.76% -17.76%
SHAREHOLDERS EQUITY
Retained Earnings -$178.3M -$166.9M
YoY Change 35.59% 44.46%
Common Stock $7.000K $7.000K
YoY Change 0.0% 75.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.942M -$5.552M -$5.552M
YoY Change
Total Liabilities & Shareholders Equity $39.56M $16.80M $16.80M
YoY Change 53.58% -31.27% -31.27%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$11.39M -$11.40M -$51.37M
YoY Change -28.61% -39.38% -11.77%
Depreciation, Depletion And Amortization $191.0K $1.595M $6.526M
YoY Change -36.33% 8.14% 6.25%
Cash From Operating Activities -$2.959M -$1.866M -$15.43M
YoY Change -37.55% -69.17% -56.6%
INVESTING ACTIVITIES
Capital Expenditures $263.0K $275.0K $1.421M
YoY Change -146.14% -81.32%
Acquisitions $1.447M
YoY Change
Other Investing Activities -$1.447M
YoY Change
Cash From Investing Activities -$1.710M -$275.0K -$1.421M
YoY Change 311.06% -146.14% -81.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $15.10M
YoY Change -53.74%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.615M 2.449M 17.11M
YoY Change -25.34% -51.41% -59.05%
NET CHANGE
Cash From Operating Activities -2.959M -1.866M -15.43M
Cash From Investing Activities -1.710M -275.0K -1.421M
Cash From Financing Activities 4.615M 2.449M 17.11M
Net Change In Cash 0.000 308.0K 257.0K
YoY Change -100.0% -173.86% -118.62%
FREE CASH FLOW
Cash From Operating Activities -$2.959M -$1.866M -$15.43M
Capital Expenditures $263.0K $275.0K $1.421M
Free Cash Flow -$3.222M -$2.141M -$16.85M
YoY Change -32.0% -60.77% -60.96%

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CY2023 us-gaap Depreciation
Depreciation
882000
CY2022 us-gaap Depreciation
Depreciation
1143000
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5644000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4999000
CY2023 trnr Non Cash Lease Expense
NonCashLeaseExpense
79000
CY2022 trnr Non Cash Lease Expense
NonCashLeaseExpense
590000
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
825000
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
904000
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
29943000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
6347000
CY2023 trnr Fair Value Of Warrants Issued With Bridge And Convertible Notes
FairValueOfWarrantsIssuedWithBridgeAndConvertibleNotes
270000
CY2022 trnr Fair Value Of Warrants Issued With Bridge And Convertible Notes
FairValueOfWarrantsIssuedWithBridgeAndConvertibleNotes
3482000
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2595000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
523000
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-181000
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-194000
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-952000
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2275000
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1394000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
0
CY2023 trnr Gain Loss On Change In Fair Value Of Convertible Notes
GainLossOnChangeInFairValueOfConvertibleNotes
-306000
CY2022 trnr Gain Loss On Change In Fair Value Of Convertible Notes
GainLossOnChangeInFairValueOfConvertibleNotes
107000
CY2023 trnr Fair Value Adjustment Of Warrants Issued To Service Providers And Warrant Issuance Expense
FairValueAdjustmentOfWarrantsIssuedToServiceProvidersAndWarrantIssuanceExpense
497000
CY2022 trnr Fair Value Adjustment Of Warrants Issued To Service Providers And Warrant Issuance Expense
FairValueAdjustmentOfWarrantsIssuedToServiceProvidersAndWarrantIssuanceExpense
0
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
52000
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2405000
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-478000
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1791000
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2435000
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-493000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
261000
CY2023 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-1479000
CY2022 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-341000
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9000
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3000
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2084000
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3926000
CY2023 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-1521000
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1490000
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
48000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
14000
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-83000
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-585000
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15427000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35545000
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
577000
CY2023 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
272000
CY2022 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
2743000
CY2023 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1149000
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
4287000
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1421000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7607000
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
465000
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
425000
CY2023 trnr Repayments Of Related Party Loans
RepaymentsOfRelatedPartyLoans
942000
CY2022 trnr Repayments Of Related Party Loans
RepaymentsOfRelatedPartyLoans
1324000
CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
10820000
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2378000
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
4863000
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0
CY2023 trnr Payments Of Senior Secured Notes
PaymentsOfSeniorSecuredNotes
2000000
CY2022 trnr Payments Of Senior Secured Notes
PaymentsOfSeniorSecuredNotes
0
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
29996000
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
2000000
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
10106000
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4247000
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2626000
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
30000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12000
CY2023 trnr Repayment Of Bounceback Loans
RepaymentOfBouncebackLoans
0
CY2022 trnr Repayment Of Bounceback Loans
RepaymentOfBouncebackLoans
-69000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17105000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
41772000
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-483000
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-91000
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-226000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1471000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
226000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1697000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
226000
CY2023 trnr Property And Equipment In Accounts Payable
PropertyAndEquipmentInAccountsPayable
18000
CY2022 trnr Property And Equipment In Accounts Payable
PropertyAndEquipmentInAccountsPayable
18000
CY2023 trnr Inventories In Accounts Payable And Accrued Expenses
InventoriesInAccountsPayableAndAccruedExpenses
815000
CY2022 trnr Inventories In Accounts Payable And Accrued Expenses
InventoriesInAccountsPayableAndAccruedExpenses
1007000
CY2023 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
75000
CY2023 trnr Issuance Of Series A Preferred Stock In Connection With Convertible Notes Payable
IssuanceOfSeriesAPreferredStockInConnectionWithConvertibleNotesPayable
0
CY2022 trnr Issuance Of Series A Preferred Stock In Connection With Convertible Notes Payable
IssuanceOfSeriesAPreferredStockInConnectionWithConvertibleNotesPayable
5926000
CY2023 trnr Recognition Of Deferred Offering Costs
RecognitionOfDeferredOfferingCosts
0
CY2022 trnr Recognition Of Deferred Offering Costs
RecognitionOfDeferredOfferingCosts
2337000
CY2023 trnr Offering Costs And Debt Issuance Costs In Accounts Payable And Accrued Expenses
OfferingCostsAndDebtIssuanceCostsInAccountsPayableAndAccruedExpenses
2781000
CY2022 trnr Offering Costs And Debt Issuance Costs In Accounts Payable And Accrued Expenses
OfferingCostsAndDebtIssuanceCostsInAccountsPayableAndAccruedExpenses
0
CY2023 trnr Proceeds From Paycheck Protection Program Loan
ProceedsFromPaycheckProtectionProgramLoan
2468000
CY2022 trnr Proceeds From Paycheck Protection Program Loan
ProceedsFromPaycheckProtectionProgramLoan
0
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
313000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
411000
CY2023 trnr Right Of Use Asset Obtained In Exchange For Operating Lease Liability Upon Transition Method Adoption
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityUponTransitionMethodAdoption
0
CY2022 trnr Right Of Use Asset Obtained In Exchange For Operating Lease Liability Upon Transition Method Adoption
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityUponTransitionMethodAdoption
289000
CY2023 trnr Conversion Of Stock Issuance Of Common Stock Through Conversion Of Preferred Stock
ConversionOfStockIssuanceOfCommonStockThroughConversionOfPreferredStock
0
CY2022 trnr Conversion Of Stock Issuance Of Common Stock Through Conversion Of Preferred Stock
ConversionOfStockIssuanceOfCommonStockThroughConversionOfPreferredStock
65655000
CY2023 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
4521000
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0
CY2023 trnr Issuance Of Convertible Note In Conversion Of Outstanding Loan Payable
IssuanceOfConvertibleNoteInConversionOfOutstandingLoanPayable
0
CY2022 trnr Issuance Of Convertible Note In Conversion Of Outstanding Loan Payable
IssuanceOfConvertibleNoteInConversionOfOutstandingLoanPayable
161000
CY2023 trnr Issuance Of Convertible Note In Conversion Of Accounts Payable
IssuanceOfConvertibleNoteInConversionOfAccountsPayable
0
CY2022 trnr Issuance Of Convertible Note In Conversion Of Accounts Payable
IssuanceOfConvertibleNoteInConversionOfAccountsPayable
36000
CY2023 trnr Decrease In Right Of Use Asset And Operating Lease Liabilities Due To Lease Termination
DecreaseInRightOfUseAssetAndOperatingLeaseLiabilitiesDueToLeaseTermination
61000
CY2022 trnr Decrease In Right Of Use Asset And Operating Lease Liabilities Due To Lease Termination
DecreaseInRightOfUseAssetAndOperatingLeaseLiabilitiesDueToLeaseTermination
0
CY2023 trnr Non Cash Issuance Of Common Stock From Rights Offering
NonCashIssuanceOfCommonStockFromRightsOffering
202000
CY2022 trnr Non Cash Issuance Of Common Stock From Rights Offering
NonCashIssuanceOfCommonStockFromRightsOffering
0
CY2023 trnr Non Cash Exercise Of Options
NonCashExerciseOfOptions
323000
CY2022 trnr Non Cash Exercise Of Options
NonCashExerciseOfOptions
0
CY2023 trnr Stock Based Compensation Capitalized In Software
StockBasedCompensationCapitalizedInSoftware
883000
CY2022 trnr Stock Based Compensation Capitalized In Software
StockBasedCompensationCapitalizedInSoftware
0
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosures. On an ongoing basis, the Company evaluates its estimates, including, among others, those related to revenue related reserves, the realizability of inventory, fair value measurements, useful lives of long lived assets, including property and equipment and finite lived intangible assets, product warranty, stock-based compensation expense, valuation of the debt component of convertible notes, warrant liabilities, and commitments and contingencies. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable. Actual results may differ from these estimates.</span></p>
CY2023Q4 us-gaap General Partners Offering Costs
GeneralPartnersOfferingCosts
4600000
CY2023 trnr Capitalized Studio Content Policytext Block
CapitalizedStudioContentPolicytextBlock
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Capitalized Studio Content</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Capitalized Studio content costs include certain expenditures to develop video and live content for the Company’s customers. The Company capitalizes production costs for recorded content in accordance with ASC 926-20, Entertainment-Films - Other Assets - Film Costs. The Company recognizes capitalized content, net of accumulated amortization, within other non-current assets in the consolidated balance sheets and recognizes the related amortization expense as a component of cost of revenue in the consolidated statements of operations and comprehensive loss. Costs which qualify for capitalization include production costs, development costs, direct costs, labor costs, and production overhead. Expenditures for capitalized content are included within operating activities in the consolidated statements of cash flows. Based on certain factors, including historical and estimated user viewing patterns, the Company amortizes individual titles within the Studio content library on a straight-line basis over a three-year useful life. The Company reviews factors impacting the amortization of the capitalized Studio content on an ongoing basis. Estimates related to these factors require considerable management judgment.</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company considered certain factors in determining the useful life of the content, including expected periods over which the content will be made available through the platform and related viewership, the lack of “obsolescence” of such content over such period given the nature of its videos (i.e., exercise classes which are not significantly impacted by changes in markets or customer preferences, and/or for which the content is expected to significantly change or evolve over time), and the expected significant growth of its subscriber base which will contribute to substantial increases in viewership over time given the recent launch of its product and membership offerings. Based on these factors, the Company has determined that a three-year (3-year) amortization period is reasonable for the content. The Company will continue to review factors impacting the amortization of the capitalized content on an ongoing basis.</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Company’s business model is membership based as opposed to generating revenues at a specific title level. Therefore, all content assets are monetized as part of a single asset group. The content is assessed at the group level when an event or change in circumstances indicates a change in the expected usefulness of the content or that fair value may be less than unamortized cost. Unamortized costs are assessed for impairment regardless of whether the</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">produced </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">content is completed. To date, the Company has recognized one impairment with regards to the carrying value of its content portfolio. If circumstances in the future suggest that an impairment may exist, these aggregated content assets will be stated at the lower of unamortized cost or fair value. In addition, unamortized costs for assets that have been, or are expected to be, abandoned are written off. The unamortized cost of content is approximately $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">2.4</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million and $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">4.4</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million as of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">December 31, 2023 and December 31, 2022</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, respectively.</span></p>
CY2023 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
2400000
CY2022 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
4400000
CY2023 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2300000
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023 us-gaap Advertising Expense
AdvertisingExpense
700000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
2500000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-300000
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
500000
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2607000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4567000
CY2023Q4 trnr Inventory Finished Products Non Current
InventoryFinishedProductsNonCurrent
2376000
CY2022Q4 trnr Inventory Finished Products Non Current
InventoryFinishedProductsNonCurrent
0
CY2023Q4 trnr Inventory Raw Materials Non Current
InventoryRawMaterialsNonCurrent
532000
CY2022Q4 trnr Inventory Raw Materials Non Current
InventoryRawMaterialsNonCurrent
0
CY2023Q4 us-gaap Inventory Net
InventoryNet
5515000
CY2022Q4 us-gaap Inventory Net
InventoryNet
4567000
CY2023Q4 trnr Pre Production Tooling
PreProductionTooling
3094000
CY2022Q4 trnr Pre Production Tooling
PreProductionTooling
3094000
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
125000
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
125000
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
113000
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
113000
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
25000
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
25000
CY2023Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
13000
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
13000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3370000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3370000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2926000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2044000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
444000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1326000
CY2023 trnr Depreciation Expense
DepreciationExpense
900000
CY2022 trnr Depreciation Expense
DepreciationExpense
1200000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6248000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3994000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2254000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5827000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1993000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3834000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1656000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
521000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
77000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
0
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2254000
CY2023 trnr Prepaid Expenses And Other Current Assets Disclosure Textblock
PrepaidExpensesAndOtherCurrentAssetsDisclosureTextblock
<p style="font-size:10pt;margin-top:8pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Note 7. Prepaid Expenses and Other Current Assets</span></p><div style="font-size:10pt;font-family:Times New Roman;"><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Prepaid expenses and other current assets consisted of the following:</span></p> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:93.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:69.892%;"></td> <td style="width:1.075%;"></td> <td style="width:1%;"></td> <td style="width:11.978%;"></td> <td style="width:1%;"></td> <td style="width:1.075%;"></td> <td style="width:1%;"></td> <td style="width:11.978%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:8pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">December 31,</span></p></td> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">December 31,</span></p></td> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:8pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;"> <td style="vertical-align:bottom;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">(in thousands)</span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">2023</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">2022</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Security deposit</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">66</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">146</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Prepaid licenses</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">20</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">45</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Research and development tax credit</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">516</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">750</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Other receivables</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">20</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">178</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Insurance</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">246</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">14</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Other prepaid</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">65</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">293</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:10pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total prepaid expenses and other current assets</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">933</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">1,426</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> </table></div>
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
66000
CY2022Q4 us-gaap Security Deposit
SecurityDeposit
146000
CY2023Q4 trnr Prepaid Licenses
PrepaidLicenses
20000
CY2022Q4 trnr Prepaid Licenses
PrepaidLicenses
45000
CY2023Q4 trnr Research And Development Tax Credit
ResearchAndDevelopmentTaxCredit
516000
CY2022Q4 trnr Research And Development Tax Credit
ResearchAndDevelopmentTaxCredit
750000
CY2023Q4 us-gaap Other Receivables
OtherReceivables
20000
CY2022Q4 us-gaap Other Receivables
OtherReceivables
178000
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
246000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
14000
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
65000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
293000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
933000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1426000
CY2023Q4 us-gaap Other Deferred Costs Gross
OtherDeferredCostsGross
12468000
CY2023Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
7220000
CY2023Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
5248000
CY2022Q4 us-gaap Other Deferred Costs Gross
OtherDeferredCostsGross
10594000
CY2022Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
3576000
CY2022Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
7018000
CY2023 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
3600000
CY2022 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
3400000
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2300000
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
25000
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
145000
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
26000
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
193000
CY2023Q4 trnr Paid Time Off Accrual
PaidTimeOffAccrual
21000
CY2022Q4 trnr Paid Time Off Accrual
PaidTimeOffAccrual
188000
CY2023Q4 trnr Accrued Offering Costs
AccruedOfferingCosts
0
CY2022Q4 trnr Accrued Offering Costs
AccruedOfferingCosts
1490000
CY2023Q4 trnr Accrued Licenses
AccruedLicenses
0
CY2022Q4 trnr Accrued Licenses
AccruedLicenses
2250000
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
208000
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
195000
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
235000
CY2022Q4 us-gaap Accrued Professional Fees Current
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