{"schema_version":"secwatch.filing_event.v1","accession":"0001880613-26-000095","form_type":"8-K","ticker":"DRCT","cik":"0001880613","company_name":"Direct Digital Holdings, Inc.","filed_at":"2026-08-12T20:34:42+00:00","discovered_at":"2026-08-12T20:36:03.111027+00:00","generated_at":"2026-08-12T20:36:09.596475+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Direct Digital Q2 revenue down 23% to $7.8M; net loss narrows to $3.6M","bullets":["Q2 revenue $7.8M vs $10.1M YoY; DSP customer spending fell $2.5M; ex-DSP revenue up 3%.","Q2 net loss $3.6M vs $4.2M loss; Adjusted EBITDA loss $2.3M vs $1.5M loss.","H1 revenue $14.5M, down 21% YoY; ex-DSP revenue grew 5%; cash $0.5M at June 30.","CEO cites strong interest in AI search, GEO offerings and AI web services.","Operating loss widened to $2.9M from $2.4M; gross margin stable at 34%."],"urls":{"canonical":"https://secwatch.observer/filing/0001880613-26-000095","json":"https://secwatch.observer/filing/0001880613-26-000095.json","markdown":"https://secwatch.observer/filing/0001880613-26-000095.md","text":"https://secwatch.observer/filing/0001880613-26-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880613/000188061326000095/0001880613-26-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880613/000188061326000095/drct-20260812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-12T20:36:09.596475+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}