Disgraced Theranos founder Elizabeth Holmes was recently photographed lifting weights in the outdoor yard of Federal Prison Camp Bryan, a minimum-security facility in Texas often dubbed a “Club Fed” for its relatively relaxed environment. The sighting offers a rare look at Holmes, now more than a year into her 11-year, 3-month prison sentence for defrauding investors in her now-defunct blood testing company.

The images, taken on August 2, show Holmes in standard-issue gray athletic attire, glasses, gloves, a sports watch, and a baseball cap. Her trademark red lipstick was replaced by a more subdued fuchsia shade, and she appeared to be in good spirits while walking and lifting weights.

Once celebrated as the youngest self-made female billionaire and a bold disruptor in Silicon Valley, Holmes is now inmate 24965-111, serving time for one of the most significant white-collar fraud cases in U.S. history. Her company, Theranos, claimed to have revolutionized blood testing with technology that could deliver lab results from just a finger-prick of blood. In reality, the devices were unreliable and never functioned as promised.

Convicted in 2022 of four counts of wire fraud and conspiracy to commit wire fraud, Holmes was sentenced to more than a decade in federal prison. During her trial, investigators showed that she misled investors with doctored reports, fake military contracts, and inflated revenue projection. At the same time she was heralded as a high-profile tech celebrity who appeared on the covers of magazines, visited the White House, and she briefly had a net worth somewhere in the billions.

Federal prosecutors have called her conduct a massive fraud with staggering consequences. Holmes’s deception, they argue, not only cost investors hundreds of millions of dollars but also put patients at risk by releasing flawed medical test results to the public.

In an interview with People from behind bars, Holmes said that she’s adjusted life in prison. According to Holmes, she wakes up at 5 a.m. for a daily 40-minute workout that includes rowing, running, and strength training. She also sees her two young children twice a week during visitation, a routine she has described as emotionally painful yet grounding.

Holmes is currently scheduled for release on April 3, 2032. Until then, the former biotech icon remains a powerful cautionary tale of ambition unchecked by ethics—and a rare case of accountability in the upper echelons of tech and finance.