Viant Technology Inc-A 2025年季度报告

xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31,2025OR 85-3447553(I.R.S. EmployerIdentification No.) Delaware (State or other jurisdiction ofincorporation or organization) 2722 Michelson Drive,Suite 100Irvine,CA92612 (Address of principal executive offices and zip code) (949)861-8888(Registrant’s telephone number, including area code)______________________________________________________________________________________________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which regist The Nasdaq Stock Market LLC(Nasdaq Global Select Market) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yesx Noo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yesx Noo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. oAccelerated fileroSmaller reporting companyx Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). As of May2, 2025, there were15,846,372shares and46,720,212shares of the registrant’s Class A and Class B common stock, respectively, $0.001par value per share, outstanding. TABLE OF CONTENTS Special Note Regarding Forward-Looking Statements PART I.FINANCIAL INFORMATIONItem 1.Financial Statements A.Condensed Consolidated Statements of OperationsB.Condensed Consolidated Balance SheetsC.Condensed Consolidated Statements ofStockholders'EquityD.Condensed Consolidated Statements of Cash FlowsE.Notes to the Condensed Consolidated Financial Statements Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits Signatures Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q (“Quarterly Report”) contains forward-looking statements within the meaning of Section 27A ofthe Securities Act of 1933, as amended (the“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”), which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “should,” “could,” “intend,”“consider,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict” or “continue” or the negative or plural of these words orother similar terms or expressions. All statements other than statements of historical fact are forward-looking statements, which speak onlyas of the date they are made and are not guarantees of future performance. Forward-looking statements contained in this Quarterly Reportinclude, but are not limited to, statements about: our future financial performance, including our revenue, cost of revenue, gross profit,contribution excluding traffic acquisition costs (“contribution ex-TAC”), adjusted EBITDA, and operating expenses; trends in our keybusiness measures; the sufficiency of our cash and cash equivalents and cash provided by sales of our products and services to meet ourliquidity needs; market trends; our market position and opportunity; our growth strategy and product strategy, including our expectationsrelating to ViantAI; our efforts to enhance the security and privacy of our platform; the impact of information and data privacy trends andregulations on our business and competitors; the potential impacts of macroeconomic and geopolitical events on our business and thebusiness of our customers, suppliers