Highest-materiality recent filing
DOOR (LTCH) Q1 2026: Software revenue up 19% to $6.1M; net loss narrows 47% to $5.9M
Software revenue $6.1M (+19.1% YoY); total revenue essentially flat at $15.7M.
Latch (DOOR) FY2025 revenue $70.1M (+24% YoY); Adj. EBITDA loss narrows 25%
Total revenue $70.1M, up 24% YoY; software revenue $22.1M, up 9% YoY.
Latch (DOOR) becomes current on SEC filings, Q3 revenue up 17% YoY, net loss narrows 61%
Filed Q3 2025 10-Q, first time current since mid-2022; expects shares to move to OTC Pink Limited.
Latch (DOOR) reports Q2 2025 revenue $19.1M (+47% YoY); net loss improves 54%
Software revenue $5.2M (+4% YoY); total revenue $19.1M (+47% YoY).
Latch files belated Q1 2025 10-Q; revenue up 31%, cash drops to $34.7M
Q1 2025 total revenue $15.8M (+31% YoY), software revenue $5.2M (+2% YoY).
Latch (DOOR) files 2024 reports; revenue up 26% to $56.6M, net loss improves 46%
Software revenue $20.3M (+14% YoY); total revenue $56.6M (+26% YoY); net loss $(57.6)M (46% improvement).
Software revenue $17.8M (+37% YoY); total revenue $45.0M (+5% YoY).
Latch appoints David Lillis CEO, Jeff Mayfield CFO; interim leaders step down as restatement ends
David Lillis named CEO (base $500k, target bonus 50%, cash program $300k/yr); previously SVP Finance.
Latch completes restatement of 2022 financials; files delinquent 10-K and 10-Qs
Restated 2022 annual net loss $162.3M; 2021 restated net loss $167.1M; 2020 restated net loss $67.4M.
Jamie Siminoff steps down as Chief Strategy Officer effective Dec 31, 2024, will serve as advisor ('Doorman') through Dec 2026.
Jason Mitura appointed CPO effective Aug 16, 2024; previously CPO at Ring, base salary $350,000.
Latch refinances $6M term loan with Customers Bank, issues warrant for 1M shares at $1.25
Amended & restated loan agreement: $6M term loan, interest rate greater of prime or 6.0%, due July 15, 2029.
Latch completes acquisition of HelloTech, assumes ~$6.9M debt; negotiating new $6M loan with warrant
Merger closed July 1, 2024: HelloTech became wholly owned subsidiary; its stockholders received no consideration.
Latch to acquire HelloTech to form DOOR Services; assumes $6.9M debt with $0.9M forgiveness
Acquisition of HelloTech for assumption of ~$6.9M debt plus up to $250k expenses; no equity consideration to HelloTech holders.
Nasdaq files Form 25 to delist Latch, Inc.; effective April 1, 2024
Nasdaq filed Form 25 on March 21, 2024 to remove Latch securities from listing.
appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
On February 4, 2025, Jason Keyes, Interim Chief Executive Officer, and Marc Landy, Interim Chief Financial Officer, provided notice of their resignations from their positions with the Company effective as of the Announcement Date.
On February 4, 2025, Jason Keyes, Interim Chief Executive Officer, and Marc Landy, Interim Chief Financial Officer, provided notice of their resignations from their positions with the Company effective as of the Announcement Date.
Jamie Siminoff, the Company’s Chief Strategy Officer, mutually agreed that Mr. Siminoff would step down as the Company’s Chief Strategy Officer on December 31, 2024 (the “Siminoff Separation Date”).
On the Effective Date, the Board also appointed Jason Mitura as the Company’s Chief Product Officer beginning August 16, 2024.
Max materiality 0.80 · Median 0.65 · Most common event earnings