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LTCH

For the year ending 2023-12-31, LTCH made $44,961K in revenue. -$106,032K in net income. Net profit margin of -235.83%.

Overview

Revenue
$44,961K
Net Income
-$106,032K
Net Profit Margin
-235.83%
EPS
-$0.68
Unit: Thousand (K) dollars
Revenue Breakdown
    • Hardware-transferred at point in...
    • Software
    • Installation services

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2023-12-31
2022-12-31
Total revenue44,961 42,955
Sales and marketing15,394 45,589
Research and development33,787 54,933
General and administrative66,211 55,292
Depreciation and amortization7,201 5,504
Total operating expenses122,593 161,318
Total cost of revenue32,636 46,879
Loss from operations-110,268 -165,242
Change in fair value of trading securities- -3,460
Other income (expense), net219 -142
Interest income (expense), net2,309 -2,961
Change in fair value of warrant liability-230 -9,558
Total other income (expense), net2,758 2,995
Loss before income taxes-107,510 -162,247
Provision for income taxes30 89
Net loss-107,540 -162,336
Foreign currency translation adjustment-7 3
Unrealized gain (loss) on available-for-sale securities1,515 -787
Comprehensive loss-106,032 -163,120
Basic eps-0.68 -1.13
Diluted eps-0.68 -1.13
Basic average shares159,146,081 143,615,820
Diluted average shares159,146,081 143,615,820
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Comprehensive loss-$106,032K (35.00%↑ Y/Y)Unrealized gain (loss) onavailable-for-sale securities$1,515K (292.50%↑ Y/Y)Net loss-$107,540K (33.75%↑ Y/Y)Foreign currencytranslation adjustment-$7K (-333.33%↓ Y/Y)Change in fair value ofwarrant liability-$230K (97.59%↑ Y/Y)Interest income(expense), net$2,309K (177.98%↑ Y/Y)Other income(expense), net$219K (254.23%↑ Y/Y)Loss before incometaxes-$107,510K (33.74%↑ Y/Y)Provision for income taxes$30K (-66.29%↓ Y/Y)Total other income(expense), net$2,758K (-7.91%↓ Y/Y)Loss from operations-$110,268K (33.27%↑ Y/Y)Total revenue$44,961K (4.67%↑ Y/Y)Total cost of revenue$32,636K (-30.38%↓ Y/Y)Total operatingexpenses$122,593K (-24.01%↓ Y/Y)Depreciation andamortization$7,201K (30.83%↑ Y/Y)General andadministrative$66,211K (19.75%↑ Y/Y)Research and development$33,787K (-38.49%↓ Y/Y)Sales and marketing$15,394K (-66.23%↓ Y/Y)