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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
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) 0
Loss on debt extinguishment (517) 0
Expenses for Equity Reserve Facility 0 (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 0 0
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 (in dollars per share) $ (10.32) $ (77.21)
Diluted (in dollars per share) $ (10.32) $ (77.21)
Weighted-average number of shares of common stock outstanding:    
Basic (in shares) 575 31
Diluted (in shares) 575 31