DOOR (OTC: LTCH) said the Securities and Exchange Commission (SEC) approved a previously disclosed settlement resolving its investigation into legacy key performance indicators, revenue recognition and related issues. DOOR will pay a $1.0 million civil monetary penalty in quarterly installments and consented to an administrative order without admitting or denying the SEC's findings. The agreement resolves the last major legacy matter dating from 2022, after the company filed seven years of financial statements, including restated prior periods, became current with SEC reporting obligations in February 2026 for the first time since mid-2022, and resolved four shareholder lawsuits. DOOR said it is refocusing resources on profitability and helping owners and operators run smarter buildings.