v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Fitness product revenue $ 4,453 $ 1,050
Membership revenue 605 176
Training revenue 83 130
Total revenue 5,141 1,356
Cost of fitness product revenue (3,043) (917)
Cost of membership (365) (423)
Cost of training and other revenue (124) (320)
Total cost of revenue (3,532) (1,660)
Gross profit (loss) 1,609 (304)
Operating expenses:    
Research and development 438 1,271
Sales and marketing 1,034 250
General and administrative 4,127 4,487
Total operating expenses 5,599 6,008
Loss from operations (3,990) (6,312)
Other income (expense), net:    
Other expense, net (2,477) (111)
Interest expense (1,530) (1,764)
Interest income 0 158
(Loss) gain upon extinguishment of debt and accounts payable (1,710) 3,037
Change in fair value of convertible notes (1,350) (573)
Change in fair value of earnout (26) 0
Change in fair value of derivatives (327) (1,487)
Change in fair value of warrants 667 449
Total other (expense), net (6,753) (291)
Loss before provision for income taxes (10,743) (6,603)
Income tax expense 0 0
Net loss attributable to common stockholders $ (10,743) $ (6,603)
Net loss per share - basic $ (10.24) $ (173.58)
Net loss per share - diluted $ (10.24) $ (173.58)
Weighted average common stock outstanding - basic 1,049,454 38,041
Weighted average common stock outstanding - diluted 1,049,454 38,041