Welcome to our dedicated page for Latch SEC filings (Ticker: LTCH), 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.
Latch, Inc. filings document the DOOR-branded building-intelligence business, its OTC-traded LTCH common stock and the formal reporting records behind recent financial updates. Annual and quarterly reports address revenue, software revenue, net loss, adjusted EBITDA reconciliations, warrant-liability fair value, restructuring costs, non-ordinary-course legal fees and settlement reserves, liquidity metrics, restatement matters, revenue-recognition practices and internal-control disclosures.
Proxy materials cover annual meeting matters such as director elections, auditor ratification and advisory stockholder votes. Current reports on Form 8-K furnish operating and financial results and related press releases, while the broader filing record reflects reporting-status updates, governance disclosures, risk factors and capital-structure items for Latch as it continues to operate under its legal name and LTCH trading symbol.
Latch, Inc. filed an amended Form 3 for Chief Revenue Officer James M. Malone to include a previously omitted stock option. The amendment adds disclosure of a stock option granted on February 5, 2025, covering 400,000 shares of underlying Common Stock at an exercise price of $0.17 per share.
The option expires on February 5, 2035 and will vest one-third on the first anniversary of the grant date, then in equal quarterly installments until the third anniversary. The amendment states that no other changes were made to information previously reported, and there is no new buy or sell transaction.
Latch, Inc. updated its equity award documents and granted new restricted stock units to key executives under its 2021 Incentive Award Plan. The company adopted revised forms for RSU, stock option, and common stock agreements that clarify vesting, exercisability, settlement, forfeiture, and other terms.
The Compensation Committee also approved time-based RSU awards for Principal Executive Officer Dave Lillis, Principal Financial Officer Jeff Mayfield, and Chief Product and Technology Officer Ryan Salmons. They received 968,179, 130,000, and 500,000 RSUs, with grant-date fair values of approximately $193,636, $26,000, and $100,000, respectively, based on the closing stock price.
For each executive, a vesting commencement date precedes the grant date, so part of the awards was already vested at grant to reflect prior service while the company’s Form S-8 registration was suspended. The remaining RSUs vest in substantially equal quarterly installments over the rest of a three-year period, subject to continued service.
Latch, Inc. Chief Financial Officer Jeffrey M. Mayfield reported routine equity compensation activity involving company common stock. On June 12, 2026, he was granted 130,000 restricted stock units (RSUs) under his amended and restated employment agreement. Each RSU represents a contingent right to receive one share of common stock upon vesting.
The RSUs vest over three years starting on September 5, 2023, with one-third vesting on the first anniversary and the remainder in substantially equal quarterly installments over the following two years, subject to continued service. On the same date, 34,618 shares of common stock were withheld at $0.20 per share to satisfy tax withholding obligations arising from RSU vesting. After the tax-withholding disposition, Mayfield directly owns 95,382 shares of common stock, and this Form 4 shows no derivative positions remaining.
Latch, Inc. director Robert J. Speyer reported an indirect disposition of 738,000 shares of unvested restricted common stock that were forfeited by TS Innovation Acquisitions Sponsor, L.L.C. to Latch, Inc. pursuant to a Sponsor Agreement. No consideration was received for this forfeiture.
After these updates, Speyer reports 161,464 shares of common stock held directly and 217,631 shares held indirectly through Innovation Club Latch Holding, L.L.C. He is also associated with 6,642,000 shares held indirectly by TS Innovation Acquisitions Sponsor, L.L.C., over which he may share voting and investment power but disclaims beneficial ownership except for any pecuniary interest.
Latch, Inc. Chief Product & Technology Officer Ryan D. Salmons received a grant of 500,000 restricted stock units under his amended and restated employment agreement. Each RSU represents one share of common stock upon vesting.
The RSUs vest over three years starting on December 31, 2024: one-third on the first anniversary and the rest in substantially equal quarterly installments over the following two years, subject to continued service. On the same date, 59,895 shares of common stock were withheld at $0.20 per share to satisfy tax obligations from RSU vesting, a non–open-market disposition.
Latch, Inc. reported that Chief Executive Officer David J. Lillis received a grant of 968,179 restricted stock units (RSUs) approved on June 12, 2026 under his Amended and Restated Employment Agreement. Each RSU represents a right to one share of common stock upon vesting.
The RSUs vest over three years starting July 13, 2023, with one-third vesting on the first anniversary and the remainder in substantially equal quarterly installments over the following two years, subject to continued service. On the same date, 257,816 common shares valued at $0.20 per share were withheld by Latch to cover tax obligations from RSU vesting, leaving Lillis with 710,363 common shares held directly.
Latch, Inc. reported the results of its 2026 annual meeting of stockholders. All director nominees were elected, with support levels generally above 90% of votes cast in favor versus withheld, and with broker non-votes reported for each director item.
Stockholders also ratified the appointment of BDO USA, P.C. as independent registered public accounting firm for the year ending December 31, 2026, with 90,335,155 votes for and limited opposition. In addition, stockholders approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with 57,646,930 votes for and relatively few votes against or abstaining.
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.
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.
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.