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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Fitness product revenue $ 224 $ 81 $ 296 $ 258
Membership revenue 32 16 56 28
Training revenue 60 0 121 0
Total revenue 316 97 473 286
Cost of fitness product revenue (427) (729) (1,169) (1,283)
Cost of membership (939) (503) (1,901) (1,992)
Cost of training (88) (386) (191) (690)
Total cost of revenue (1,454) (1,618) (3,261) (3,965)
Gross loss (1,138) (1,521) (2,788) (3,679)
Operating expenses:        
Research and development 2,326 5,463 5,439 10,430
Sales and marketing 591 1,992 1,191 4,001
General and administrative 7,883 2,481 23,730 5,643
Total operating expenses 10,800 9,936 30,360 20,074
Loss from operations (11,938) (11,457) (33,148) (23,753)
Other income (expense), net:        
Other income (expense), net 87 (338) 204 (323)
Interest income (expense) (1,436) (175) (1,228) (561)
Gain upon debt forgiveness 0 2,595
Change in fair value of convertible notes (171) 0 (252) (24)
Change in fair value of warrants (144) 0 2,266 0
Total other income (expense), net (1,664) (513) 3,585 (908)
Loss before provision for income taxes (13,602) (11,970) (29,563) (24,661)
Income tax expense 0 0 0 0
Net loss attributable to common stockholders $ (13,602) $ (11,970) $ (29,563) $ (24,661)
Net loss per share - basic $ (1.02) $ (24.46) $ (2.81) $ (63.22)
Net loss per share - diluted $ (1.02) $ (24.46) $ (2.81) $ (63.22)
Weighted average common stock outstanding - basic 13,340,777 489,379 10,513,068 390,092
Weighted average common stock outstanding - diluted 13,340,777 489,379 10,513,068 390,092