The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -53,747 |
| Depreciation and amortization | 5,277 |
| Non-cash interest income | 161 |
| Change in fair value of warrant liability | -18 |
| Realized loss on available-for-sale securities | 0 |
| Change in unrealized (income) loss on marketable securities | 9 |
| Impairment of goodwill | 16,600 |
| Impairment loss on intangible assets | 0 |
| Loss on disposal of fixed assets and impairment of capitalized software | 1,224 |
| Provision for expected credit losses, net of recoveries | 359 |
| Provision for credit losses on contract assets | -14 |
| Stock-based compensation expense | 551 |
| Accounts receivable | -1,545 |
| Inventories, net | -3,120 |
| Prepaid expenses and other current assets | -23,446 |
| Other non-current assets | -1,131 |
| Accounts payable | -3,374 |
| Accrued expenses | -24,596 |
| Other current liabilities | -302 |
| Other non-current liabilities | -118 |
| Deferred revenue | -6,807 |
| Net cash used in operating activities | -35,893 |
| Purchase of available-for-sale securities | 6,656 |
| Proceeds from sales and maturities of available-for-sale securities | 12,001 |
| Business acquisitions, net of cash acquired | 0 |
| Purchase of property and equipment | 79 |
| Proceeds from sale of fixed assets | 28 |
| Capitalized internally-developed software | 3,608 |
| Net cash provided by investing activities | 1,686 |
| Repayment of term loan | 1,223 |
| Repayment of unsecured promissory notes | 0 |
| Net cash used in financing activities | -1,223 |
| Effect of exchange rates on cash | -153 |
| Net change in cash and cash equivalents | -35,583 |
| Beginning of year | 70,203 |
| End of year | 34,620 |
Latch, Inc. (LTCHW)
Latch, Inc. (LTCHW)