Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.26.1
Subsequent Events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events

Note 17 – Subsequent events

In June 2026, the Company entered into a sublease agreement for a portion of its headquarters office space in Irvine, California. The sublease is scheduled to commence in July 2026 for a term of 74 months. Under the terms of the sublease agreement, the Company will receive an aggregate base rental payment of approximately $2,400 over the term of the sublease, which expires in July 2032.

Subsequent to the quarter-end, on July 7, 2026 the Company entered into a multi-unit agreement with Spartan Fitness under which the Company expects to open additional 50 units over the next six years.