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

6 Months Ended

Jun. 30, 2023

Supplemental Financial Statement Information

Supplemental Financial Statement Information

12. Supplemental Financial Statement Information

Accrued Expenses

Accrued expenses as of June 30, 2023 and December 31, 2022 were as follows:


	As of
(in thousands)	June 30, 2023		December 31, 2022
Vendor payments	$	5,398	$	4,824
Employee commissions and bonuses		14,930		17,718
Payroll and other employee related expense		12,846		7,024
401k and pension expense		1,469		2,144
Other taxes		2,302		1,375
Total accrued expenses	$	36,945	$	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 and six months ended June 30, 2023, Other (income) expense, net was $2.5 million and $5.2 million, respectively, primarily consisting of interest income earned on interest-bearing monetary assets. For the three and six months ended June 30, 2022, Other (income) expense, net was $0.1 million and $0.2 million, respectively, primarily related to losses from changes in foreign exchange rates.