secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001826000-26-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latch files belated Q1 2025 10-Q; revenue up 31%, cash drops to $34.7M
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- Q1 2025 total revenue $15.8M (+31% YoY), software revenue $5.2M (+2% YoY).
- Net loss $(11.3)M improved 18% YoY; Adjusted EBITDA $(7.4)M worsened 22% YoY.
- Preliminary cash & securities Dec 31, 2025: ~$34.7M, down from $75.4M a year earlier.
- Outflows included ~$12M litigation/SEC investigation, $3.3M 2023 report fees, $3.6M engineering contractor transition.
- Expects total cash outflows in 2026 to be 'meaningfully lower'; shares trade OTC under LTCH.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000182600026000008/0001826000-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000182600026000008/lat-20260113.htm
  HTML page:      https://secwatch.observer/filing/0001826000-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer