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Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (unaudited) - USD ($)
$ in Thousands
Total
Previously Reported
Retroactive application of Exchange Ratio
Common Stock
Common Stock
Previously Reported
Common Stock
Retroactive application of Exchange Ratio
Additional Paid-In Capital
Additional Paid-In Capital
Previously Reported
Additional Paid-In Capital
Retroactive application of Exchange Ratio
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Previously Reported
Accumulated Other Comprehensive Income (Loss)
Retroactive application of Exchange Ratio
Accumulated Deficit
Accumulated Deficit
Previously Reported
Accumulated Deficit
Retroactive application of Exchange Ratio
Temporary equity, beginning balance (in shares) at Dec. 31, 2019 61,288,000 68,318,000 (7,030,000)                        
Temporary equity, beginning balance at Dec. 31, 2019 $ 150,305 $ 150,305 $ 0                        
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Issuance of Series B-1 Preferred stock for cash, net of issuance costs (in shares) 2,468,000                            
Issuance of Series B-1 preferred stock for cash, net of issuance costs $ 10,300                            
Temporary equity, ending balance (in shares) at Mar. 31, 2020 63,756,000                            
Temporary equity, ending balance at Mar. 31, 2020 $ 160,605                            
Beginning balance (in shares) at Dec. 31, 2019       7,032,000 7,839,000 (807,000)                  
Beginning balance at Dec. 31, 2019 (90,469) $ (90,469) $ 0 $ 0 $ 0 $ 0 $ 5,724 $ 5,724 $ 0 $ 0 $ 0 $ 0 $ (96,193) $ (96,193) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares)       55,000                      
Exercises of common stock options 19           19                
Stock-based compensation 366           366                
Net loss (15,941)                       (15,941)    
Ending balance (in shares) at Mar. 31, 2020       7,087,000                      
Ending balance at Mar. 31, 2020 $ (106,025)     $ 0     6,109     0     (112,134)    
Temporary equity, beginning balance (in shares) at Dec. 31, 2019 61,288,000 68,318,000 (7,030,000)                        
Temporary equity, beginning balance at Dec. 31, 2019 $ 150,305 $ 150,305 $ 0                        
Temporary equity, ending balance (in shares) at Sep. 30, 2020 63,756,000                            
Temporary equity, ending balance at Sep. 30, 2020 $ 160,605                            
Beginning balance (in shares) at Dec. 31, 2019       7,032,000 7,839,000 (807,000)                  
Beginning balance at Dec. 31, 2019 (90,469) $ (90,469) $ 0 $ 0 $ 0 $ 0 5,724 5,724 0 0 0 0 (96,193) (96,193) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Foreign currency translation adjustment 0                            
Unrealized loss on marketable securities 0                            
Net loss (46,801)                            
Ending balance (in shares) at Sep. 30, 2020       7,297,000                      
Ending balance at Sep. 30, 2020 $ (136,014)     $ 0     6,980     0     (142,994)    
Temporary equity, beginning balance (in shares) at Mar. 31, 2020 63,756,000                            
Temporary equity, beginning balance at Mar. 31, 2020 $ 160,605                            
Temporary equity, ending balance (in shares) at Jun. 30, 2020 63,756,000                            
Temporary equity, ending balance at Jun. 30, 2020 $ 160,605                            
Beginning balance (in shares) at Mar. 31, 2020       7,087,000                      
Beginning balance at Mar. 31, 2020 (106,025)     $ 0     6,109     0     (112,134)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares)       65,000                      
Exercises of common stock options 25           25                
Stock-based compensation 359           359                
Net loss (14,986)                       (14,986)    
Ending balance (in shares) at Jun. 30, 2020       7,152,000                      
Ending balance at Jun. 30, 2020 $ (120,627)     $ 0     6,493     0     (127,120)    
Temporary equity, ending balance (in shares) at Sep. 30, 2020 63,756,000                            
Temporary equity, ending balance at Sep. 30, 2020 $ 160,605                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares)       145,000                      
Exercises of common stock options 47           47                
Foreign currency translation adjustment 0                            
Stock-based compensation 440           440                
Unrealized loss on marketable securities 0                            
Net loss (15,874)                       (15,874)    
Ending balance (in shares) at Sep. 30, 2020       7,297,000                      
Ending balance at Sep. 30, 2020 $ (136,014)     $ 0     6,980     0     (142,994)    
Temporary equity, beginning balance (in shares) at Dec. 31, 2020 63,756,438 71,069,000 (7,313,000)                        
Temporary equity, beginning balance at Dec. 31, 2020 $ 160,605 [1] $ 160,605 $ 0                        
Temporary equity, ending balance (in shares) at Mar. 31, 2021 63,756,000                            
Temporary equity, ending balance at Mar. 31, 2021 $ 160,605                            
Beginning balance (in shares) at Dec. 31, 2020 8,168,780     8,169,000 9,106,000 (937,000)                  
Beginning balance at Dec. 31, 2020 $ (154,277) $ (154,277) $ 0 $ 0 $ 0 $ 0 7,901 7,901 0 9 9 0 (162,187) (162,187) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares)       5,428,000                      
Exercises of common stock options 2,816           2,816                
Foreign currency translation adjustment (7)                 (7)          
Stock-based compensation 14,513           14,513                
Net loss (38,101)                       (38,101)    
Ending balance (in shares) at Mar. 31, 2021       13,597,000                      
Ending balance at Mar. 31, 2021 $ (175,056)     $ 0     25,230     2     (200,288)    
Temporary equity, beginning balance (in shares) at Dec. 31, 2020 63,756,438 71,069,000 (7,313,000)                        
Temporary equity, beginning balance at Dec. 31, 2020 $ 160,605 [1] $ 160,605 $ 0                        
Temporary equity, ending balance (in shares) at Sep. 30, 2021 0                            
Temporary equity, ending balance at Sep. 30, 2021 [1] $ 0                            
Beginning balance (in shares) at Dec. 31, 2020 8,168,780     8,169,000 9,106,000 (937,000)                  
Beginning balance at Dec. 31, 2020 $ (154,277) $ (154,277) $ 0 $ 0 $ 0 $ 0 7,901 $ 7,901 $ 0 9 $ 9 $ 0 (162,187) $ (162,187) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares) 6,008,995                            
Foreign currency translation adjustment $ (6)                            
Unrealized loss on marketable securities (60)                            
Net loss $ (112,411)                            
Ending balance (in shares) at Sep. 30, 2021 141,112,920     141,113,000                      
Ending balance at Sep. 30, 2021 $ 425,232     $ 21     699,866     (57)     (274,598)    
Temporary equity, beginning balance (in shares) at Mar. 31, 2021 63,756,000                            
Temporary equity, beginning balance at Mar. 31, 2021 $ 160,605                            
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Conversion of redeeemable convertible preferred stock to common shares (in shares) (63,756,000)                            
Conversion of redeemable convertible preferred stock to common shares $ (160,605)                            
Temporary equity, ending balance (in shares) at Jun. 30, 2021 0                            
Temporary equity, ending balance at Jun. 30, 2021 $ 0                            
Beginning balance (in shares) at Mar. 31, 2021       13,597,000                      
Beginning balance at Mar. 31, 2021 (175,056)     $ 0     25,230     2     (200,288)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Conversion of Convertible Notes (in shares)       6,925,000                      
Conversion of Convertible Notes 69,252           69,252                
Conversion of Legacy Latch warrants (in shares)       233,000                      
Conversion of Legacy Latch warrants 2,143           2,143                
Conversion of redeeemable convertible preferred stock to common shares (in shares)       63,756,000                      
Conversion of redeemable convertible preferred stock to common shares 160,605     $ 1     160,604                
Reverse recapitalization, net of transaction costs (in shares) [2]       56,011,000                      
Reverse recapitalization, net of transaction costs [2] 434,926     $ 14     434,912                
Foreign currency translation adjustment 2                 2          
Stock-based compensation 459           459                
Net loss (40,071)                       (40,071)    
Ending balance (in shares) at Jun. 30, 2021       140,522,000                      
Ending balance at Jun. 30, 2021 $ 452,260     $ 15     692,600     4     (240,359)    
Temporary equity, ending balance (in shares) at Sep. 30, 2021 0                            
Temporary equity, ending balance at Sep. 30, 2021 [1] $ 0                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Exercises of common stock options (in shares)       645,000                      
Exercises of common stock options 224     $ 6     218                
Issuance of common stock upon settlement of restricted stock units (in shares)       12,000                      
Tax withholdings on settlement of equity awards (in shares)       (66,000)                      
Tax withholdings on settlement of equity awards (394)           (394)                
Transaction costs related to reverse recapitalization (253)           (253)                
Foreign currency translation adjustment (1)                 (1)          
Stock-based compensation 7,695           7,695                
Unrealized loss on marketable securities (60)                 (60)          
Net loss $ (34,239)                       (34,239)    
Ending balance (in shares) at Sep. 30, 2021 141,112,920     141,113,000                      
Ending balance at Sep. 30, 2021 $ 425,232     $ 21     $ 699,866     $ (57)     $ (274,598)    
[1] Shares outstanding for all periods reflect the adjustment for the Exchange Ratio as a result of the Business Combination. Shares issued and outstanding as of September 30, 2021 excludes 738,000 shares subject to vesting requirements. See Note 1, Description of Business.
[2] Excludes 738,000 shares subject to vesting requirements. See Note 1, Description of Business.