For the quarter ending 2026-03-31, LTCHW made $15,702K in revenue. -$5,908K in net income. Net profit margin of -37.63%.
| Income Statement | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Total revenue | 15,702 | 17,529* | ||
| Hardware | 3,218 | 4,827* | ||
| Software | 531 | 507* | ||
| Installation Services | 3,734 | 5,483* | ||
| Total cost of revenue | 7,483 | 10,817* | ||
| Research and development | 3,793 | 4,585* | ||
| Sales and marketing | 4,272 | 3,832* | ||
| General and administrative | 4,691 | 6,007* | ||
| Depreciation and amortization | 1,007 | 1,319* | ||
| Impairment of goodwill | - | 4,150* | ||
| Impairment of intangible assets, net | - | 0* | ||
| Total operating expenses | 13,763 | 19,892* | ||
| Loss from operations | -5,544 | -13,179* | ||
| Interest expense, net | -323 | -278* | ||
| Change in fair value of warrant liability | 37 | -4* | ||
| Other (expense) income, net | -34 | 17* | ||
| Total other expense, net | -394 | -256* | ||
| Loss before income taxes | -5,938 | -13,436* | ||
| Provision for income taxes | 0 | 0* | ||
| Net loss | -5,938 | -13,436* | ||
| Unrealized loss on available-for-sale securities | -3 | -3* | ||
| Foreign currency translation adjustment | 33 | 8* | ||
| Comprehensive loss | -5,908 | -13,432 | ||
| Basic EPS | -0.04 | -0.084 | ||
| Diluted EPS | -0.04 | -0.084 | ||
| Basic Average Shares | 160,658,450 | 160,400,816 | ||
| Diluted Average Shares | 160,658,450 | 160,400,816 | ||
Latch, Inc. (LTCHW)
Latch, Inc. (LTCHW)