XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Fitness product revenue $ 72 $ 177
Membership revenue 24 12
Training revenue 61 0
Total revenue 157 189
Cost of fitness product revenue (743) (554)
Cost of membership (962) (1,489)
Cost of training (103) (304)
Total cost of revenue (1,808) (2,347)
Gross loss (1,651) (2,158)
Operating expenses:    
Research and development 3,113 4,967
Sales and marketing 600 2,009
General and administrative 15,847 3,162
Total operating expenses 19,560 10,138
Loss from operations (21,211) (12,296)
Other income (expense), net:    
Other income (expense), net 117 15
Interest income (expense) 208 (386)
Gain upon debt forgiveness 2,595 0
Change in fair value of convertible notes (80) (24)
Change in fair value of warrants 2,410 0
Total other income (expense), net 5,250 (395)
Loss before provision for income taxes (15,961) (12,691)
Income tax expense 0 0
Net loss attributable to common stockholders $ (15,961) $ (12,691)
Net loss per share - basic $ (2.09) $ (43.81)
Net loss per share - diluted $ (2.09) $ (43.81)
Weighted average common stock outstanding - basic 7,653,940 289,713
Weighted average common stock outstanding - diluted 7,653,940 289,713