XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.24.3

Net Loss Per Share | 3 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
Net Loss Per Share | Note 8 — Net Loss Per Share The Company has two classes of common stock, Class A and Class B. Shares of the Company’s Class B Common Stock do not share in the earnings or losses attributable to Direct Digital Holdings, Inc. and are therefore not participating securities. The Company uses the two-class method to calculate basic and diluted earnings per share as a result of outstanding participating securities in the form of warrants for the three months ended March 31, 2023. The following table sets forth the computation of the Company’s basic and diluted net loss per share (in thousands, except per share amounts):
| Three Months Ended March 31,
| 2024 |  | 2023
Net loss | $ | (775) |  |  | $ | (214) |
Weighted average common shares outstanding - basic | 3,509 |  |  | 2,901 |
Class B Common Stock | — |  | —
Options to purchase common stock | — |  |  | — |
Unvested restricted stock units | — |  |  | — |
Weighted average common shares outstanding - diluted | 3,509 |  |  | 2,901 |
Net loss per common share, basic | $ | (0.22) |  |  | $ | (0.07) |
Net loss per common share, diluted | $ | (0.22) |  |  | $ | (0.07) |
The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti-dilutive (in thousands):
| Three Months Ended March 31,
| 2024 |  | 2023
Class B Common Stock | 10,868 |  | 11,278
Warrants to purchase common stock | — |  | 3,219
Options to purchase common stock | 367 |  | 270
Unvested restricted stock units | 535 |  | 397
Total excludable from net loss per share attributable to common stockholders - diluted | 11,770 |  | 15,164

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration