other material
confidence high
sentiment positive
materiality 0.80
Latch (DOOR) becomes current on SEC filings, Q3 revenue up 17% YoY, net loss narrows 61%
Latch, Inc.
- Filed Q3 2025 10-Q, first time current since mid-2022; expects shares to move to OTC Pink Limited.
- Q3 total revenue $17.4M (+17% YoY); software revenue $5.4M (+6% YoY).
- Net loss improved 61% to $(6.6M); Adjusted EBITDA improved 62% to $(4.6M).
- Operating expenses cut 40% YoY to $14.0M, driving margin improvement.
- Shares trade on OTC Markets under LTCH; evaluating OTCQB, OTCQX, or national exchange listing.