Direct Digital Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
DRCT$0.91-39.7%Stored close · as of Oct 2, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations for the and
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per-share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues | $6,680 | $8,157 |
| Cost of revenues | 4,418 | 5,764 |
| Gross profit | 2,262 | 2,393 |
| Operating expenses | ||
| Compensation, taxes and benefits | 3,021 | 3,664 |
| General and administrative | 2,492 | 2,653 |
| Total operating expenses | 5,513 | 6,317 |
| Loss from operations | (3,251) | (3,924) |
| Other income (expense) | ||
| Other income | 7 | 28 |
| Loss on settlement of accounts payable | (1,247) | — |
| Loss on debt extinguishment | (517) | — |
| Expenses for Equity Reserve Facility | — | (198) |
| Interest expense and amortization of deferred financing cost and debt discount (premium), net | (563) | (1,846) |
| Total other expense, net | (2,320) | (2,016) |
| Loss before income taxes | (5,571) | (5,940) |
| Income tax expense | — | — |
| Net loss | (5,571) | (5,940) |
| Net loss attributable to noncontrolling interest | (321) | (3,585) |
| Net loss attributable to Direct Digital Holdings, Inc. | $(5,250) | $(2,355) |
| Net loss per common share attributable to Direct Digital Holdings, Inc.: | ||
| Basic and diluted | $(10.32) | $(77.21) |
| Weighted-average number of shares of common stock outstanding: | ||
| Basic and diluted | 575 | 31 |
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