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

Quarterly report pursuant to Section 13 or 15(d)

Income Per Share (Tables)

Income Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Income Per Share

Schedule of basic and diluted income per share


		For the Three Months Ended						For the Nine Months Ended
		September 30,						September 30,
		2023			2022			2023			2022
Net income		$	3,350,854		$	810,783		$	3,211,876		$	2,753,523

Weighted average common shares outstanding - basic			14,268,168			14,178,000			14,216,211			11,846,601
Options to purchase common stock			32,033			—			74,595			—
Unvested restricted stock units			526,964			367,241			526,964			150,368
Weighted average common shares outstanding - diluted			14,827,165			14,545,241			14,817,770			11,996,969
Net income per common share, basic		$	0.23		$	0.06		$	0.23		$	0.23
Net income per common share, diluted		$	0.23		$	0.06		$	0.22		$	0.23

Schedule of antidilutive securities


		For the Three Months Ended						For the Nine Months Ended
		September 30,						September 30,
		2023			2022			2023			2022
Warrants to purchase common stock			3,217,800			3,220,000			3,217,800			3,220,000
Options to purchase common stock			142,650			261,600			139,950			261,600
Total excludable from net income per share attributable to common stockholders - diluted			3,360,450			3,481,600			3,357,750			3,481,600