DOOR (OTC: LTCH) said the Securities and Exchange Commission (SEC), the U.S. securities regulator, approved a previously disclosed settlement resolving its investigation into legacy practices involving key performance indicators, revenue recognition and related issues. The company will pay a $1.0 million civil monetary penalty in quarterly installments and agreed to an administrative order without admitting or denying the SEC's findings. First disclosed in principle on August 10, 2026, the agreement resolves the last major legacy matter dating from 2022. Since late 2024, DOOR has filed seven years of financial statements, including restated prior periods; become current with SEC reporting obligations in February 2026 for the first time since mid-2022; and resolved four shareholder lawsuits, the last settled in principle in August 2026. The company said it is now fully refocusing resources on profitability and helping owners and operators run smarter buildings.