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Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2022
Noncontrolling Interest [Abstract]  
Summary Ownership of Viant Technology LLC

The following table summarizes the ownership of Viant Technology LLC:

 

 

 

As of March 31, 2022

 

 

As of December 31, 2021

 

Owner

 

Units Owned

 

 

Ownership Percentage

 

 

Units Owned

 

 

Ownership Percentage

 

Viant Technology Inc.

 

 

14,071,482

 

 

 

23.0

%

 

 

13,704,638

 

 

 

22.5

%

Noncontrolling interests

 

 

47,082,260

 

 

 

77.0

%

 

 

47,107,130

 

 

 

77.5

%

Total

 

 

61,153,742

 

 

 

100.0

%

 

 

60,811,768

 

 

 

100.0

%

Summary of Effect of Changes in Ownership Interest in Viant Technology LLC on Equity

The following table presents the effect of changes in the Company’s ownership interest in Viant Technology LLC on the Company’s equity for the period indicated. The effect of changes has not been presented for the three months ended March 31, 2021 as there were no changes in ownership interest from the date of the IPO through March 31, 2021.

 

 

 

 

Three Months Ended

March 31, 2022

 

 

 

(in thousands)

 

Net loss attributable to Viant Technology Inc.

 

$

(3,192

)

Transfers to noncontrolling interests:

 

 

 

 

Decrease in the additional-paid-in-capital of Viant Technology Inc. as a

   result in ownership changes in Viant Technology LLC

 

 

(4,276

)

Net decrease in equity of Viant Technology Inc. due to equity interest

   transactions with noncontrolling interests

 

$

(7,468

)