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Latch, Inc. (LTCH)

Latch, Inc. (LTCH)

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Balance Sheets Overview

Current Ratio
168.36%
Quick Ratio
125.76%
Cash Ratio
67.08%
Debt to Asset Ratio
51.02%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Goodwill
    • Inventories, net current
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Deferred revenue, current
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Cash and cash equivalents
19,056
27,945
34,620
Available-for-sale securities
1,794
576
0
Accounts receivable, net
7,778
5,903
7,960
Inventories, net current
12,099
12,708
15,258
Prepaid expenses and other current assets
7,096
10,526
7,098
Total current assets
47,823
57,658
64,936
Property and equipment, net
775
800
835
Internally-developed software, net
8,121
8,320
8,382
Inventories, net non-current
11,623
12,266
12,080
Goodwill
13,605
13,605
13,605
Intangible assets, net
1,875
2,211
2,297
Other non-current assets
9,625
4,511
4,667
Total assets
93,447
99,371
106,802
Accounts payable
5,659
4,901
4,447
Current portion of long-term debt
0
1,314
1,314
Accrued expenses
10,621
10,171
10,458
Deferred revenue, current
11,275
10,912
11,237
Other current liabilities
851
782
790
Total current liabilities
28,406
28,080
28,246
Deferred revenue, non-current
12,898
13,955
15,138
Long-term debt
4,361
3,007
3,330
Other non-current liabilities
2,012
2,071
2,077
Total liabilities
47,677
47,113
48,791
Common stock - 0.0001 par value, 1,000,000,000 shares authorized 164,860,955 and 163,519,801 shares issued and outstanding as of june 30, 2026 and december 31, 2025, respectively
19
19
19
Treasury stock
1
1
1
Additional paid-in capital
770,980
770,578
770,423
Accumulated other comprehensive income
79
69
39
Accumulated deficit
-725,307
-718,407
-712,469
Total stockholders' equity
45,770
52,258
58,011
Total liabilities and stockholders' equity
93,447
99,371
106,802
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$19,056K Inventories, net current$12,099K Accounts receivable, net$7,778K Prepaid expenses andother current assets$7,096K Available-for-sale securities$1,794K Total current assets$47,823K Goodwill$13,605K Inventories, net non-current$11,623K Other non-currentassets$9,625K Internally-developed software, net$8,121K Intangible assets, net$1,875K Property and equipment,net$775K Total assets$93,447K Total liabilities andstockholders' equity$93,447K Total liabilities$47,677K Total stockholders'equity$45,770K Accumulated deficit-$725,307K Treasury stock$1K Total currentliabilities$28,406K Deferred revenue,non-current$12,898K Long-term debt$4,361K Other non-currentliabilities$2,012K Additional paid-in capital$770,980K Accumulated othercomprehensive income$79K Common stock - 0.0001par value,...$19K Deferred revenue,current$11,275K Accrued expenses$10,621K Accounts payable$5,659K Other currentliabilities$851K