AuditorJul 1, 2026, 05:02 PM
Interactive Strength Changes Auditor from Deloitte to Cherry Bekaert
AI Summary
Interactive Strength Inc. announced that its Audit Committee dismissed Deloitte & Touche LLP as the company's independent registered public accounting firm on June 26, 2026. Deloitte's audit reports for 2024 and 2025 included a going concern explanatory paragraph, and the company had previously disclosed unremediated material weaknesses in internal controls. Concurrently, the Audit Committee approved the engagement of Cherry Bekaert LLP as the new independent auditor for the fiscal year ending December 31, 2026.
Key Highlights
- Interactive Strength dismissed Deloitte & Touche LLP as its independent auditor on June 26, 2026.
- Deloitte's audit reports for 2024 and 2025 included an explanatory paragraph regarding going concern.
- No disagreements with Deloitte on accounting principles or practices were reported.
- Material weaknesses in internal control over financial reporting identified in 2024 remained unremediated in 2025.
- The Audit Committee engaged Cherry Bekaert LLP as the new independent auditor on June 26, 2026.
Price Impact
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