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

Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share or Unit

Income (Loss) Per Share or Unit

9 Months Ended

Sep. 30, 2022

Note 10 — Income (Loss) Per Share / Unit

The Company has two classes of common stock, Class A and Class B. Basic and diluted earnings per share (“EPS”) attributable to common stockholders for Class A and Class B common stock were the same because they were entitled to the same liquidation and dividend rights. The following table sets forth the computation of the Company’s basic and diluted income (loss) per share.


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Net income (loss) per unit attributable to stockholders/members	$	810,783	$	(226,366)	$	2,753,523	$	623,701

Weighted average common shares outstanding - basic		14,545,241		34,182		11,996,969		34,182
Options to purchase common stock		—		—		—		—
Restricted stock		—		—		—		—
Weighted average common shares outstanding - diluted		14,545,241		34,182		11,996,969		34,182
Net income (loss) per share / unit, basic and diluted	$	0.06	$	(6.62)	$	0.23	$	18.25