Security
LTCHW · Latch, Inc.
LTCHWOTCWarrantHistorical · closed Jun 1, 2026CIK 1826000Updated Sep 27, 2026
Name history
TS Innovation Acquisitions Corp. · through Jun 7, 2021
Current security for this SEC filerLTCH · OTC
LTCHW price & chart
Historical security
This listing closed Jun 1, 2026. Live provider charts are shown only for current listings.
Current security: LTCH
In the news
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Seeking Alpha
Recent filings
4 filing
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 106,802,000Source | 196,424,000Source | 294,432,000Source | 410,793,000Source |
| Property, Plant and Equipment, NetUSD | 835,000Source | 1,073,000Source | 1,465,000Source | 2,784,000Source |
| GoodwillUSD | 13,605,000Source | 30,205,000Source | 25,322,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,297,000Source | 2,584,000Source | 4,791,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 34,620,000Source | 70,203,000Source | 94,675,000Source | 90,959,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,960,000Source | 9,864,000Source | 6,001,000Source | 15,716,000Source |
| Inventory, NetUSD | 15,258,000Source | 14,376,000Source | 16,559,000Source | 26,307,000Source |
| Assets, CurrentUSD | 64,936,000Source | 130,153,000Source | 236,853,000Source | 319,186,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,098,000Source | 30,523,000Source | 34,757,000Source | 13,211,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,323,000Source | 2,779,000Source | 2,796,000Source | — |
| Other Assets, NoncurrentUSD | 4,667,000Source | 5,579,000Source | 6,101,000Source | 2,862,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 48,791,000Source | 85,241,000Source | 125,295,000Source | 73,352,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 19,000Source | 19,000Source | 19,000Source | 15,000Source |
| Additional Paid in CapitalUSD | 770,423,000Source | 769,866,000Source | 770,196,000Source | 717,800,000Source |
| Retained Earnings (Accumulated Deficit)USD | -712,469,000Source | -658,722,000Source | -601,126,000Source | -378,082,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 39,000Source | 21,000Source | 48,000Source | -2,292,000Source |
| Stockholders' Equity Attributable to ParentUSD | 58,011,000Source | 111,183,000Source | 169,137,000Source | 337,441,000Source |
| Liabilities and EquityUSD | 106,802,000Source | 196,424,000Source | 294,432,000Source | 410,793,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 28,246,000Source | 57,193,000Source | 94,338,000Source | 42,953,000Source |
| Accounts Payable, CurrentUSD | 4,447,000Source | 7,821,000Source | 3,642,000Source | 5,890,000Source |
| Other Liabilities, NoncurrentUSD | 2,077,000Source | 2,251,000Source | 2,215,000Source | 178,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 10,458,000Source | 35,066,000Source | 54,966,000Source | 25,384,000Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | — |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 1,314,000Source | 1,314,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 3,330,000Source | 4,515,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 5,277,000Source | 7,202,000Source | 7,201,000Source | 5,504,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 551,000Source | -580,000Source | 18,171,000Source | 30,256,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,545,000Source | 2,346,000Source | -1,952,000Source | -3,566,000Source |
| Increase (Decrease) in InventoriesUSD | -3,120,000Source | 3,756,000Source | -16,328,000Source | 16,694,000Source |
| Increase (Decrease) in Accounts PayableUSD | -3,374,000Source | 3,647,000Source | -2,363,000Source | -506,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -35,893,000Source | -75,406,000Source | -65,586,000Source | -135,239,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 950,000Source | -8,085,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,686,000Source | 72,886,000Source | 50,479,000Source | 126,356,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 79,000Source | 766,000Source | 327,000Source | 2,239,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 0Source | 3,394,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,223,000Source | -22,000,000Source | 0Source | -6,039,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -35,583,000Source | -24,472,000Source | -15,153,000Source | -14,954,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 34,620,000Source | 70,203,000Source | 94,675,000Source | 109,828,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 472,000Source | 2,099,000Source | 32,000Source | 38,000Source |
| Income Taxes Paid, NetUSD | -8,000Source | 4,000Source | 11,000Source | 66,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | -46,000Source | -32,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | — | 200,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 551,000Source | -580,000Source | 18,171,000Source | 30,256,000Source |
| Amortization of Intangible AssetsUSD | 300,000Source | 1,000,000Source | 500,000Source | — |
| Capitalized Computer Software, AmortizationUSD | 4,700,000Source | 5,200,000Source | 5,400,000Source | 3,900,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | 0Source | -1,000Source | 0Source | — |
| DepreciationUSD | 300,000Source | 1,100,000Source | 1,300,000Source | 1,300,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 0Source | — |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | — | -47,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -189,000Source | — | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 24,030,000Source | 44,471,000Source | 66,211,000Source | 55,292,000Source |
| GoodwillUSD | 13,605,000Source | 30,205,000Source | 25,322,000Source | — |
| Goodwill, Impairment LossUSD | 16,600,000Source | 0Source | — | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 2,849,000Source | 0Source | 458,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 2,000Source | 30,000Source | 89,000Source |
| InterestExpenseNonoperatingUSD | 3,002,000Source | 4,476,000Source | 5,790,000Source | 7,442,000Source |
| Inventory Write-downUSD | — | — | — | -3,261,000Source |
| Investment Income, InterestUSD | 1,889,000Source | 5,892,000Source | 8,099,000Source | 4,481,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 9,000Source | -91,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -53,747,000Source | -57,596,000Source | -107,540,000Source | -162,336,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -53,747,000Source | -57,596,000Source | -107,540,000Source | -162,336,000Source |
| Nonoperating Income (Expense)USD | -1,026,000Source | 1,820,000Source | 2,758,000Source | 2,995,000Source |
| Operating ExpensesUSD | 79,571,000Source | 84,408,000Source | 122,593,000Source | 161,318,000Source |
| Operating Lease, ExpenseUSD | 700,000Source | 1,200,000Source | 600,000Source | — |
| Other Nonoperating Income (Expense)USD | 69,000Source | 245,000Source | 219,000Source | -142,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 724,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 12,000,000Source | 101,000,000Source | 171,400,000Source | 213,800,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | — | 1,581,000Source | 5,812,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 70,117,000Source | 56,630,000Source | 44,961,000Source | 42,955,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -52,721,000Source | -59,414,000Source | -110,268,000Source | -165,242,000Source |
| Other Nonoperating Income (Expense)USD | 69,000Source | 245,000Source | 219,000Source | -142,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -53,747,000Source | -57,594,000Source | -107,510,000Source | -162,247,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 2,000Source | 30,000Source | 89,000Source |
| Net Income (Loss) Attributable to ParentUSD | -53,747,000Source | -57,596,000Source | -107,540,000Source | -162,336,000Source |
| Earnings Per Share, BasicUSD per share | -0.34Source | -0.37Source | -0.68Source | -1.13Source |
| Earnings Per Share, DilutedUSD per share | -0.34Source | -0.37Source | -0.68Source | -1.13Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 160,400,816Source | 156,652,301Source | 159,146,081Source | 143,615,820Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 160,400,816Source | 156,652,301Source | 159,146,081Source | 143,615,820Source |
| Interest Expense (non-operating)USD | 3,002,000Source | 4,476,000Source | 5,790,000Source | 7,442,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 300,000Source | 1,000,000Source | 500,000Source | — |
| Capitalized Computer Software, AmortizationUSD | 4,700,000Source | 5,200,000Source | 5,400,000Source | 3,900,000Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 2,000Source | 30,000Source | 89,000Source |
| General and Administrative ExpenseUSD | 24,030,000Source | 44,471,000Source | 66,211,000Source | 55,292,000Source |
| Goodwill, Impairment LossUSD | 16,600,000Source | 0Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -53,747,000Source | — | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | -1,113,000Source | 1,416,000Source | 2,309,000Source | -2,961,000Source |
| Investment Income, InterestUSD | 1,889,000Source | 5,892,000Source | 8,099,000Source | 4,481,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -53,747,000Source | -57,596,000Source | -107,540,000Source | -162,336,000Source |
| Nonoperating Income (Expense)USD | -1,026,000Source | 1,820,000Source | 2,758,000Source | 2,995,000Source |
| Operating ExpensesUSD | 79,571,000Source | 84,408,000Source | 122,593,000Source | 161,318,000Source |
| Operating Lease, ExpenseUSD | 700,000Source | 1,200,000Source | 600,000Source | — |
| Research and Development ExpenseUSD | 18,338,000Source | 17,318,000Source | 33,787,000Source | 54,933,000Source |
| Selling and Marketing ExpenseUSD | 15,326,000Source | 12,568,000Source | 15,394,000Source | 45,589,000Source |
Filing attachments
tmb-20260810xex99d1.htm · 8-K · 2026-08-10
EX-99.1 2 tmb-20260810xex99d1.htm EX-99.1 Exhibit 99.1 Latch, Inc. (DOOR) Reports Second Quarter 2026 Financial Results Software Revenue Grows 17% Year-over-Year, Net Loss Narrows 12%, and Quarterly Cash Usage Improves St. Louis, Mo. - August 10, 2026 -- Latch, Inc., which operates as DOOR, the Building Intelligence company (“DOOR” or the “Company”), today reported financial and operating results for the three and six months ended June 30, 2026. The Company’s shares currently trade on the…
Read attachment ↗tm2622239d1_ex99-1.htm · 8-K · 2026-08-05
EX-99.1 2 tm2622239d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 DOOR Announces Strategic Actions to Accelerate Path to Profitability and Advance Its Building Intelligence Strategy Workforce reduction and exit of property management operations expected to reduce annualized costs by approximately $10-12 million ST. LOUIS, August 5, 2026 -- Latch, Inc., which has rebranded as DOOR (“DOOR” or the “Company”), today announced a restructuring plan that is expected to reduce its global workforce by ap…
Read attachment ↗tm2621608d1_ex99-1.htm · 8-K · 2026-07-30
EX-99.1 2 tm2621608d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Case 1:23-cv-01273-JGK Document 55 Filed 07/16/26 Page 1 of 21 ───────────────────────────────────────────────────────────────────────────────── UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE LATCH INC. DERIVATIVE Lead Case No. 1:23-cv-01273-JGK LITIGATION STIPULATION AND AGREEMENT OF SETTLEMENT This Stipulation and Agreement of Settlement dated July 16, 2026 (“Stipulation”) is made…
Read attachment ↗tm2621608d1_ex99-2.htm · 8-K · 2026-07-30
EX-99.2 3 tm2621608d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Case 1:23-cv-01273-JGK Document 55-3 Filed 07/16/26 Page 1 of 7 ────────────────────────────────────────────────────────────────────────────────── UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE LATCH INC. DERIVATIVE Lead Case No. 1:23-cv-01273-JGK LITIGATION EXHIBIT C NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER DERIVATIVE ACTION Case 1:23-cv-01273…
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