For the quarter ending 2025-09-30, DRCT has $22,535K in assets. $29,230K in debts. $871K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 871 | 1,593 | ||
| Accounts receivable, net of provision for credit losses of 944000 and 978000, respectively | 3,594 | 3,891 | ||
| Prepaid expenses and other current assets | 2,138 | 1,243 | ||
| Total current assets | 6,603 | 6,727 | ||
| Property, equipment and software, net | 164 | 234 | ||
| Goodwill | 6,520 | 6,520 | ||
| Intangible assets, net | 8,265 | 8,753 | ||
| Operating lease right-of-use assets | 749 | 794 | ||
| Other long-term assets | 234 | 298 | ||
| Total assets | 22,535 | 23,326 | ||
| Accounts payable | 8,183 | 6,457 | ||
| Accrued liabilities-Nonrelated Party | 1,888 | - | ||
| Long-term debt, net of current portion, deferred financing cost and debt discount | - | 33,510 | ||
| Accrued liabilities-Related Party | 1,875 | - | ||
| Liability related to tax receivable agreement, current portion | 41 | 41 | ||
| Current maturities of long-term debt-Nonrelated Party | 0 | - | ||
| Current maturities of long-term debt | - | 4,542 | ||
| Current maturities of long-term debt-Related Party | 4,931 | - | ||
| Deferred revenues | 548 | 570 | ||
| Accrued liabilities | - | 1,816 | ||
| Operating lease liabilities, current portion | 215 | 208 | ||
| Income taxes payable | 66 | 41 | ||
| Total current liabilities | 17,747 | 13,675 | ||
| Long-term debt, net of current portion, deferred financing cost and debt discount-Nonrelated Party | 150 | - | ||
| Long-term debt, net of current portion, deferred financing cost and debt discount-Related Party | 10,667 | - | ||
| Operating lease liabilities, net of current portion | 666 | 722 | ||
| Total liabilities | 29,230 | 47,907 | ||
| Common stock-Common Class A | 17 | 12 | ||
| Common stock-Common Class B | 10 | 11 | ||
| Additional paid-in capital | 14,862 | 2,775 | ||
| Accumulated deficit | -16,058 | -13,378 | ||
| Noncontrolling interest | -5,526 | -14,001 | ||
| Total stockholders deficit | -6,695 | -24,581 | ||
| Total liabilities and stockholders deficit | 22,535 | 23,326 | ||
Direct Digital Holdings, Inc. (DRCT)
Direct Digital Holdings, Inc. (DRCT)