v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Revenues $ 7,832 $ 10,144 $ 14,512 $ 18,301
Cost of revenues 5,169 6,583 9,587 12,347
Gross profit 2,663 3,561 4,925 5,954
Operating expenses        
Compensation, taxes and benefits 3,215 3,639 6,236 7,303
General and administrative 2,376 2,348 4,868 5,001
Total operating expenses 5,591 5,987 11,104 12,304
Loss from operations (2,928) (2,426) (6,179) (6,350)
Other income (expense)        
Other income 62 19 69 47
Loss on settlement of accounts payable 0 0 (1,247) 0
Loss on debt extinguishment 0 0 (517) 0
Derecognition of tax receivable agreement liability 41 0 41 0
Expenses for Equity Reserve Facility 0 0 0 (198)
Interest expense and amortization of deferred financing cost and debt discount (premium), net (764) (1,789) (1,327) (3,635)
Total other expense, net (661) (1,770) (2,981) (3,786)
Loss before income taxes (3,589) (4,196) (9,160) (10,136)
Income tax expense 0 0 0 0
Net loss (3,589) (4,196) (9,160) (10,136)
Net loss attributable to noncontrolling interest (194) (1,947) (515) (5,532)
Net loss attributable to Direct Digital Holdings, Inc. $ (3,395) $ (2,249) $ (8,645) $ (4,604)
Net loss per common share attributable to Direct Digital Holdings, Inc.:        
Basic (in dollars per share) $ (5.78) $ (49.79) $ (15.62) $ (121.69)
Diluted (in dollars per share) $ (5.78) $ (49.79) $ (15.62) $ (121.69)
Weighted-average number of shares of common stock outstanding:        
Basic (in shares) 709,000 45,000 643,000 38,000
Diluted (in shares) 709,000 45,000 643,000 38,000