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Latch Inc SEC Filings

LTCHW OTC Link

Welcome to our dedicated page for Latch SEC filings (Ticker: LTCHW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Latch's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.

Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Latch's regulatory disclosures and financial reporting.

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Latch, Inc. Chief Strategy & Legal Officer Priyen N. Patel reported a routine tax-related share withholding. When 11,667 restricted stock units granted on August 5, 2022 settled, the company withheld 3,447 shares of Common Stock at $0.14 per share to satisfy his tax liability. No shares were sold on the market, and Patel now holds 387,730 shares directly after this transaction.

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Rhea-AI Summary

Latch, Inc. Chief Strategy & Legal Officer Priyen N. Patel reported a routine tax-related share withholding. When 11,667 restricted stock units granted on August 5, 2022 settled, the company withheld 3,447 shares of Common Stock at $0.14 per share to satisfy his tax liability. No shares were sold on the market, and Patel now holds 387,730 shares directly after this transaction.

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Latch, Inc., operating as DOOR, reported sharply improved first-quarter 2026 results. Software revenue grew 19.1% year-over-year to $6.1 million, while total revenue was $15.7 million, roughly flat as higher software and hardware offset lower professional services. Gross profit rose to $8.2 million and gross margin expanded to 52.3% from 47.4%.

Operating expenses fell 25.6% to $13.8 million, helping narrow net loss by 47.2% to $5.9 million and reduce Adjusted EBITDA loss to $3.9 million. Cash and investments totaled $28.5 million as of March 31, 2026, with quarterly cash usage improving by $18.6 million versus a year earlier. The company also refinanced its debt with a new $5 million revolving credit facility on improved terms, which it expects to lower 2026 debt service by about $0.9 million.

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Latch, Inc., operating as DOOR, reported sharply improved first-quarter 2026 results. Software revenue grew 19.1% year-over-year to $6.1 million, while total revenue was $15.7 million, roughly flat as higher software and hardware offset lower professional services. Gross profit rose to $8.2 million and gross margin expanded to 52.3% from 47.4%.

Operating expenses fell 25.6% to $13.8 million, helping narrow net loss by 47.2% to $5.9 million and reduce Adjusted EBITDA loss to $3.9 million. Cash and investments totaled $28.5 million as of March 31, 2026, with quarterly cash usage improving by $18.6 million versus a year earlier. The company also refinanced its debt with a new $5 million revolving credit facility on improved terms, which it expects to lower 2026 debt service by about $0.9 million.

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Latch, Inc. (DOOR) reports Q1 2026 results showing flat revenue but a smaller loss. Total revenue was $15.7 million, roughly unchanged from Q1 2025, while software revenue grew to $6.1 million, a 19.1% increase, reflecting expansion of its SaaS platform.

Professional services revenue declined as project work and HelloTech activity softened, but overall cost of revenue and operating expenses fell sharply. Net loss improved to $5.9 million from $11.3 million, and Adjusted EBITDA improved to $(3.9) million from $(7.3) million, indicating better cost control.

Latch ended March 31 2026 with $27.9 million of cash and cash equivalents and $99.4 million in total assets. Deferred revenue of $24.9 million provides future visibility into subscription and service revenue. Subsequent events include a new $5.0 million revolving credit facility, repayment of its term loan, and $1.7 million of cash proceeds from a private investment sale.

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Rhea-AI Summary

Latch, Inc. (DOOR) reports Q1 2026 results showing flat revenue but a smaller loss. Total revenue was $15.7 million, roughly unchanged from Q1 2025, while software revenue grew to $6.1 million, a 19.1% increase, reflecting expansion of its SaaS platform.

Professional services revenue declined as project work and HelloTech activity softened, but overall cost of revenue and operating expenses fell sharply. Net loss improved to $5.9 million from $11.3 million, and Adjusted EBITDA improved to $(3.9) million from $(7.3) million, indicating better cost control.

Latch ended March 31 2026 with $27.9 million of cash and cash equivalents and $99.4 million in total assets. Deferred revenue of $24.9 million provides future visibility into subscription and service revenue. Subsequent events include a new $5.0 million revolving credit facility, repayment of its term loan, and $1.7 million of cash proceeds from a private investment sale.

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Latch, Inc. is holding its 2026 annual stockholder meeting virtually on June 10, 2026, where investors will vote on six director nominees, ratification of BDO USA, P.C. as auditor for 2026, and an advisory say‑on‑pay resolution for named executive officers.

The proxy describes a fully independent six‑member classified board, its committee structure, and risk and cybersecurity oversight, including an enterprise risk management committee and a cybersecurity program aligned with NIST and ISO 27005 frameworks. It details executive leadership changes, 2025 cash‑focused pay programs, potential severance and change‑in‑control benefits, and a clawback policy adopted in 2023. The filing also outlines non‑employee director cash retainers, major stockholders’ ownership, prior financial restatements and the transition from Deloitte to BDO, as well as related‑party and commercial relationships reviewed under a formal related‑party transaction policy.

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Latch, Inc. is holding its 2026 annual stockholder meeting virtually on June 10, 2026, where investors will vote on six director nominees, ratification of BDO USA, P.C. as auditor for 2026, and an advisory say‑on‑pay resolution for named executive officers.

The proxy describes a fully independent six‑member classified board, its committee structure, and risk and cybersecurity oversight, including an enterprise risk management committee and a cybersecurity program aligned with NIST and ISO 27005 frameworks. It details executive leadership changes, 2025 cash‑focused pay programs, potential severance and change‑in‑control benefits, and a clawback policy adopted in 2023. The filing also outlines non‑employee director cash retainers, major stockholders’ ownership, prior financial restatements and the transition from Deloitte to BDO, as well as related‑party and commercial relationships reviewed under a formal related‑party transaction policy.

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Latch, Inc. filed an initial Form 3 showing that Chief Revenue Officer James M. Malone holds a stock option on the company’s common stock. The option was granted on February 5, 2025, carries an exercise price of $0.17 per share, and expires on February 5, 2035. It will vest one-third on the first anniversary of the grant date, with the remaining portion vesting in equal quarterly installments until the third anniversary. The filing discloses this option position but does not specify a share amount for the underlying common stock.

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Latch, Inc. filed an initial Form 3 showing that Chief Revenue Officer James M. Malone holds a stock option on the company’s common stock. The option was granted on February 5, 2025, carries an exercise price of $0.17 per share, and expires on February 5, 2035. It will vest one-third on the first anniversary of the grant date, with the remaining portion vesting in equal quarterly installments until the third anniversary. The filing discloses this option position but does not specify a share amount for the underlying common stock.

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Latch, Inc., now operating as DOOR, reported strong 2025 revenue growth while remaining unprofitable. Total revenue reached $70.1 million, a 24% year-over-year increase, driven in part by software revenue of $22.1 million, up 9% from $20.3 million.

Operating expenses were $79.6 million, down 6% from the prior year, and net loss improved 7% to $53.7 million. Adjusted EBITDA, a non-GAAP measure that excludes items such as depreciation, interest, taxes, impairments, legal costs, and stock-based compensation, improved to a loss of $27.1 million, a 25% year-over-year improvement.

Results were affected by non-cash charges, including a $16.6 million goodwill impairment and a $4.9 million inventory write-off. Excluding the goodwill impairment, operating expenses would have been $63.0 million, a 25% year-over-year improvement, highlighting the impact of the company’s cost-savings efforts.

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Rhea-AI Summary

Latch, Inc., now operating as DOOR, reported strong 2025 revenue growth while remaining unprofitable. Total revenue reached $70.1 million, a 24% year-over-year increase, driven in part by software revenue of $22.1 million, up 9% from $20.3 million.

Operating expenses were $79.6 million, down 6% from the prior year, and net loss improved 7% to $53.7 million. Adjusted EBITDA, a non-GAAP measure that excludes items such as depreciation, interest, taxes, impairments, legal costs, and stock-based compensation, improved to a loss of $27.1 million, a 25% year-over-year improvement.

Results were affected by non-cash charges, including a $16.6 million goodwill impairment and a $4.9 million inventory write-off. Excluding the goodwill impairment, operating expenses would have been $63.0 million, a 25% year-over-year improvement, highlighting the impact of the company’s cost-savings efforts.

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Latch, Inc., now operating under the DOOR brand, files its annual report describing a smart-building ecosystem that combines SaaS software, proprietary hardware and the HelloTech on-demand services platform for multifamily properties. The company reports an unrestricted cash and securities balance of $34.6 million and net inventory of $27.3 million as of December 31, 2025, and acknowledges a 2025 net loss of $53.7 million. Latch highlights liquidity risks tied to legal and professional costs, dependence on additional capital and a key customer that represented 32% of 2025 revenue. It discloses ongoing SEC and shareholder derivative matters related to prior restatements and confirms multiple material weaknesses in internal control over financial reporting remain unresolved. The report also notes its stock now trades on the OTCID Market with limited liquidity and that 164,257,801 common shares were outstanding as of March 26, 2026.

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Rhea-AI Summary

Latch, Inc., now operating under the DOOR brand, files its annual report describing a smart-building ecosystem that combines SaaS software, proprietary hardware and the HelloTech on-demand services platform for multifamily properties. The company reports an unrestricted cash and securities balance of $34.6 million and net inventory of $27.3 million as of December 31, 2025, and acknowledges a 2025 net loss of $53.7 million. Latch highlights liquidity risks tied to legal and professional costs, dependence on additional capital and a key customer that represented 32% of 2025 revenue. It discloses ongoing SEC and shareholder derivative matters related to prior restatements and confirms multiple material weaknesses in internal control over financial reporting remain unresolved. The report also notes its stock now trades on the OTCID Market with limited liquidity and that 164,257,801 common shares were outstanding as of March 26, 2026.

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FAQ

How many Latch (LTCHW) SEC filings are available on StockTitan?

StockTitan tracks 14 SEC filings for Latch (LTCHW), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for Latch (LTCHW)?

The most recent SEC filing for Latch (LTCHW) was filed on June 5, 2026.