DoubleVerify Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Supplemental Financial Statement Information

Supplemental Financial Statement Information

3 Months Ended

Mar. 31, 2023

Supplemental Financial Statement Information

Supplemental Financial Statement Information

12. Supplemental Financial Statement Information

Accrued Expenses

Accrued expenses as of March 31, 2023 and December 31, 2022 were as follows:


	As of
(in thousands)	March 31, 2023		December 31, 2022
Vendor payments	$	5,175	$	4,824
Employee commissions and bonuses		10,006		17,718
Payroll and other employee related expense		7,581		7,024
401k and pension expense		451		2,144
Other taxes		2,272		1,375
Total accrued expenses	$	25,485	$	33,085

Other (Income) Expense, Net

Other (income) expense, net primarily consists of interest income and the impact of foreign currency transaction gains and losses associated with monetary assets and liabilities. For the three months ended March 31, 2023, Other (income) expense, net was $2.7 million, primarily consisting of interest income earned on interest-bearing monetary assets. For the three months ended March 31, 2022, Other (income) expense, net was less than $0.1 million, primarily related to losses from changes in foreign exchange rates.