Direct Digital Holdings Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Accrued Liabilities

Accrued Liabilities

9 Months Ended

Sep. 30, 2022

Accrued Liabilities

Accrued Liabilities

Note 4 — Accrued Liabilities

Accrued liabilities consisted of the following:


	September 30,		December 31,
	2022		2021
Accrued compensation and benefits	$	2,892,783	$	406,510
Accrued litigation fees		493,596		501,078
Accrued expenses		200,723		123,118
Accrued interest		12,842		14,201
Total accrued liabilities	$	3,599,944	$	1,044,907

On July 10, 2019, Huddled Masses was named as a defendant in a lawsuit related to a delinquent balance to a vendor. On July 28, 2022, the Company entered into a settlement agreement with the vendor and agreed to pay a total of $515,096 with monthly installment payments over 24 months beginning September 1, 2022.