---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-22-000108"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:27:09.364590+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Latch restates 2021 and Q1 2022 financials due to revenue recognition errors

## Summary
- Audit Committee investigation launched Aug 10, 2022; non-reliance determined Aug 19, 2022.
- Material errors in revenue recognition for hardware sales in 2021 and Q1 2022.
- Restatement will address unreported sales arrangements and possible irregularities.
- Assessment likely to find one or more material weaknesses in internal controls.
- Company discussed findings with independent auditor Deloitte & Touche LLP.

## SEC filing metadata
- accession: 0001826000-22-000108
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2022-08-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600022000108/0001826000-22-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600022000108/lat-20220819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-22-000108
- JSON: https://secwatch.observer/filing/0001826000-22-000108.json
- Plain text: https://secwatch.observer/filing/0001826000-22-000108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.