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Edge3 Apr 2026
Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Door
Door (LTCH) investor relations material
Door Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary31 Mar, 2026
Executive summary
Total revenue reached $70.1 million in 2025, marking a 24% year-over-year increase.
Software revenue grew 9% year-over-year to $22.1 million.
Operating expenses decreased by 6% year-over-year to $79.6 million.
Net loss improved by 7% year-over-year to $(53.7) million.
Adjusted EBITDA improved by 25% year-over-year to $(27.1) million.
Financial highlights
Excluding a $16.6 million goodwill impairment, operating expenses would have been $63.0 million, a 25% year-over-year improvement.
Net loss was negatively impacted by $16.6 million in goodwill impairment and $4.9 million in inventory write-offs.
Adjusted EBITDA excludes non-cash and non-recurring items such as impairments, legal fees, and stock-based compensation.
Segment performance
Software revenue increased by $1.9 million year-over-year, representing 9% growth.
Effect of advance payments on interest expense
Nature of non-ordinary course legal fees
Operating expense improvement excluding goodwill
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Latest events from Door
- Q3 2025 revenue up 17% and net loss improved 61%, but control and litigation risks persist.LTCH
Q3 202511 Feb 2026 - Q2 2025 revenue up 47% to $19.1M; net loss narrowed, but internal control and legal issues persist.LTCHQ2 202523 Jan 2026
- Q1 2025 revenue rose 31% year-over-year, but legal costs drove a sharp cash decline.LTCHQ1 202513 Jan 2026
- Restated 2019–2022 results show a 2022 net loss of $162.3M; compliance efforts ongoing.LTCHQ4 202210 Nov 2025
- Revenue grew and losses narrowed in 2023, with improved outlook for cash flow by 2026.LTCHQ4 202310 Nov 2025
- 2024 revenue up 26% and net loss down 46%, with strong momentum continuing into 2025.LTCHQ4 20246 Nov 2025
- Q3 2024 revenue surged 54.5% with narrowed losses, driven by new services and acquisitions.LTCHQ3 20245 Nov 2025
- Q2 2024 revenue up 27%, net loss down 45%, and HelloTech Merger completed amid ongoing legal risks.LTCHQ2 20245 Nov 2025
- Q1 2024 revenue rose 7.9% and net loss narrowed 58.6%, with improved margins and new acquisitions.LTCHQ1 20245 Nov 2025
Next Door earnings date
Q1 20265 May, 2026
Door
Next Door earnings date
Q1 20265 May, 2026
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