Loss Per Share

3 Months Ended

Mar. 31, 2026

20. Loss Per Share

The computation of loss per share is as follows:


	Three Months Ended March 31,
	2026			2025
(in thousands, except share and per share amounts)
Numerator:
Net loss	$	(10,743	)	$	(6,603	)
Net loss attributable to common stockholders	$	(10,743	)	$	(6,603	)
Denominator:
Weighted average common stock outstanding - basic and diluted		1,049,454			38,041
Net loss per share attributable to common stockholders - basic and diluted	$	(10.24	)	$	(173.58	)

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:


	March 31,
	2026		2025
Warrants to purchase common stock		268,546		75,821
Series A Convertible Preferred Stock conversion to common stock		229,338		29,847
Series B Convertible Preferred Stock conversion to common stock		2		3
Series C Convertible Preferred Stock conversion to common stock		16,143		11,515
Notes payable conversion to common stock		387,914		44,371
Stock options to purchase common stock		7		8
Total		901,950		161,565

The Company's Series D Convertible Preferred Stock and Series E Convertible Preferred Stock are also potentially convertible into Common Stock, however the conversion price is unknown as of March 31, 2026.

Interactive Strength, Inc. 10-Q