We are the sole managing member of Viant Technology LLC and, as a result, consolidate the financial results of Viant Technology LLC. We report noncontrolling interests representing the economic interests in Viant Technology LLC held by the other members of Viant Technology LLC. The Viant Technology LLC Agreement classifies the interests acquired by the Company as Class A units, reclassified the interests held by the continuing members of Viant Technology LLC as Class B units and permits the continuing members of Viant Technology LLC to exchange Class B units for shares of Class A common stock on a one-for-one basis or, at the election of Viant Technology Inc., for cash at the current fair value on the date of the exchange. Changes in the Company’s ownership interest in Viant Technology LLC while retaining control of Viant Technology LLC will be accounted for as equity transactions. As such, future redemptions or direct exchanges of Class B units in Viant Technology LLC by the other members and future issuances of Class A common stock under the LTIP will result in a change in ownership, where the Company will rebalance the noncontrolling interest, offset by a change in additional-paid-in-capital.

	As of June 30, 2022					As of December 31, 2021
Owner	Units Owned		Ownership Percentage			Units Owned		Ownership Percentage
Viant Technology Inc.		14,253,800		23.2	%		13,704,638		22.5	%
Noncontrolling interests		47,082,260		76.8	%		47,107,130		77.5	%
Total		61,336,060		100.0	%		60,811,768		100.0	%

During the six months ended June 30, 2022, noncontrolling interests exchanged 24,870 Class B units of Viant Technology LLC for 24,870 shares of the Company’s Class A common stock, which also resulted in the cancellation of 24,870 shares of the Company’s Class B common stock that was previously held by noncontrolling interests with no additional consideration provided. There were no exchanges of Class B units of Viant Technology LLC for shares of the Company’s Class A common stock during the three months ended June 30, 2022.

The following table presents the effect of changes in the Company’s ownership interest in Viant Technology LLC on the Company’s equity for the periods indicated. The effect of changes has not been presented for the prior-year three- and six-month periods as there were no changes in ownership interest from the date of the IPO through June 30, 2021.

	Three Months Ended June 30, 2022			Six Months Ended June 30, 2022
Net loss attributable to Viant Technology Inc.	$	(3,401	)	$	(6,593	)
Transfers to noncontrolling interests:
Decrease in the additional-paid-in-capital of Viant Technology Inc. resulting from ownership changes in Viant Technology LLC		(5,455	)		(9,731	)
Net decrease in equity of Viant Technology Inc. due to equity interest transactions with noncontrolling interests	$	(8,856	)	$	(16,324	)