Interactive Strength, Inc. 8-K

What Happened

• Interactive Strength, Inc. (TRNR) filed an 8‑K reporting that its Audit Committee dismissed Deloitte & Touche LLP as the company's independent registered public accounting firm on June 26, 2026 and approved the engagement of Cherry Bekaert LLP as the new auditor for the fiscal year ending December 31, 2026.
• Deloitte’s audit reports for the fiscal years ended December 31, 2025 and 2024 were unqualified except for an explanatory paragraph noting substantial doubt about the company’s ability to continue as a going concern. The company disclosed material weaknesses in internal control over financial reporting in its 2024 Form 10‑K, which remained unremediated as of December 31, 2025.
• Deloitte provided a letter to the SEC (filed as Exhibit 16.1) responding to the company’s statements; the Audit Committee authorized Deloitte to respond to the successor auditor about the reportable events.

Key Details

• Date of auditor change: June 26, 2026 (engagement of Cherry Bekaert approved the same day).
• Prior auditor: Deloitte & Touche LLP; New auditor: Cherry Bekaert LLP for FY2026.
• Deloitte’s prior audit reports (2024 & 2025) included a going‑concern explanatory paragraph; no disagreements with Deloitte were reported for the two most recent fiscal years and interim period through June 26, 2026.
• Material weaknesses disclosed in the 2024 Form 10‑K remained unremediated as of December 31, 2025 (control environment, risk assessment, communication, monitoring).

Why It Matters

• An auditor change is material because the new auditor will review 2026 financial results and issue the next audit opinion; investors should watch Cherry Bekaert’s future audit report for any differences in findings or qualifications.
• The combination of a going‑concern explanatory paragraph in prior audits and unresolved material weaknesses in internal controls signals ongoing financial and reporting risks the company must address; these issues can affect investor confidence and the reliability of future financial statements.
• Retail investors should monitor upcoming SEC filings (including the 2026 Form 10‑K and quarterly reports), any disclosure about remediation of internal control weaknesses, and the successor auditor’s opinion.