# VIANT CAPITAL LLC X-17A-5 (2022-03-02) — Broker-dealer annual report - Company: VIANT CAPITAL LLC - Form: X-17A-5 - Filed: 2022-03-02 - Period: 2021-12-31 - Accession: 0001080577-22-000002 - CIK: 1080577 - File #: 8-51602 - Type: Broker-dealer - Material weakness: No - Auditor: Cropper Accountancy Corporation - Auditor location: Walnut Creek, CA - Contact: Stephen Gurney - Phone: 9176921309 - Email: ssmith@viantgroup.com - Website: viantgroup.com - Signed by: Stephen Gurney (Managing Director) Original filing: https://www.sec.gov/Archives/edgar/data/1080577/000108057722000002/Viant123121.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION washington, D.C. 20549 | OMB APPROVAL | | | | |--------------------------|--|--|--| | OMB Number:3235{123 | | | | | Expires: Oct. 31, 2023 | | | | | Estimated average burden | | | | | hours per response: 12 | | | | | | | | | sEC FILE NUMBER 8-51602 # ANNUAI REPORTS FORM X-17A-5 PART III FACING PAGE lnformation Requlred Pursuant to Rules 17a-5, L7e-12, and 18a-7 under the Securitles Exchange Act of 1934 | FTLTNG FoR rHE pERroD BEGTNNTN G 01101 121 | 12131121
AND ENDTNG | | | | | | | |--------------------------------------------------------------------------------------------------------------|-----------------------------------------|--|--|--|--|--|--| | MM/DDAY | MM/DDAY | | | | | | | | A. REGISTRANT IDENTIFICATION | | | | | | | | | NAME oF r,*r. Viant Capital LLC | | | | | | | | | TYPE OF REGISTRANT (check all applicable boxes): | | | | | | | | | E Broker-dealer E Security-based swap dealer
E Check here if respondent is also an OTc derivatives dealer | E Major security-based swap participant | | | | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | | | 5OO WASHING TON STREET SUITE 325 | | | | | | | | | | | | | | | | | | | | | 94111 | | |---------|-----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--| | | (State) | | {Zip Code) | | | | | | | | | | | | ssmith@viantgroup.com | | | | | | | | | | | | | | | | | | | | | | | | 94598 | | | | | (state) | (Zip Code) | | | | | | | | | | | 3381 | | | | licable | | PCAOE R | stGtion Number ifa
licable | | | | FOR OFFICIAT USE ONLY | | | | | | | (No. and St.eer)
Francisco CA
PERSON TO CONTACT WITH REGARD TO THIS FILING
(415) 820-6100
(Area Code - Telephone Number)
Cropper Accountancy Corporation
(city) | (EmailAddress)
B. ACCOUMTANT IDENTIFICATION
INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
(Name - lf individual, state last, first, and middle name)
2872Ygnacio Valley Road, #460 Walnut Creek
CA | | +Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supponed by a statement of facts and circumstances relied on as the basis ofthe exemption. See17 CFR 240.17a-5(eXlXii), if applicable. Personswho arcto respond tothe collection of information contained in thisform ale not required to respond unless the form displays a currently valid oMB controlnumber. {1}------------------------------------------------ #### JURAT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of \$ Subscribed and sworn to (or^affirmed) before m ol V{"""k 2O22.bv S..+f -T"r.r\or e on this t day S-l+-'l^ who appeared before me. ![](_page_1_Picture_5.jpeg) (Seal) Signature Print: David R. Collins Commission # 2279507, Expires: March 30,2023 {2}------------------------------------------------ #### OATH OR AFFIRMATION t, Scott Smith swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of vianl cspitalLLc , as of December 3'1 2j31- is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer. Notary Public #### This filing\*\* contains (check all applicable boxesl: - (a) Statement offinancial condition. - = n (b) Notes to consolidated statement offinancial condition. - E (c) State ment of income (loss) or, if there is other com prehensive income in the period (s) presented, a statement of comprehensive income (as defined in 5 210.1{2 of Regulation S-X). - E (d) Statement of cash flows. - E {e} Statement ofchanges in stockholders'or partners'or sole proprieto/s equity. - fl {f) statement of changes in liabilities subordinated to claims of creditors. - E (g) Notes to consolidated financial statements. - (h) computation ofnetcapital under 17 CFR 240.15c3-1 or17 cFR 240.18a-1, as applicable. - = n (i) computation of tangible net worth under u CFR 240.18a-2. - tr (l) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - E (k) Computation for determination of security-based swap reserve requirements pursuantto Exhibit Bto 17CFR 240.15c3-3 or Exhibit A to 17 cFR 240.18a-4, as applicable. - . (l) Computation for Determination of PAB Requirements under ExhibitAto 5 240.15c3-3. - I (m) lnformation relatingto possession or control requirements for customers under 17CFR 240.15c3-3. - I (n) lnformation relating to possession orcontrol requirements for security-based swap customers under 17CFR 240.15c3-3(pX2) or U cFR 24i.rga-4, as applicable. - J (o) Reconciliations, including appropriate explanations, ofthe FOCUS Report with co mputation of n et capita I ortangiblenet worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requlrements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - E (p) Summary of financial data for subsidiaries not consolidated in the statement of financia I condition. - (q) Oath oraffirmation in accordance with LTCFR 240.L7a-5,1.7 CFR 240.L7a-!2, ot !7 CFRa4O.LBa-7, as applicable. - = E (r) compliance report in accordance with 17 CFR 240.17a-5 ot 17 CFR240.18a-7, as applicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 ot L7 CFR 240.18a-7, as applicable. - = ! (t) lndependent public accountant's report based on an examination of the statement of fina ncial condition. - = (u) lndependent public accountant's report based onan examination ofthefinancial report or financial statements under 17 CFR 240.17a-5, l7 CFR 24O.78a-7, ot L7 CFR 24O.77a-!2, as applicable. - ! (v) lndependent public accountant's report based on an examination of certain statements in the compllance report under 17 CFR 240.17a-5 ot 17 CFR 240.18a-7, as applicable. - = (w) lndependent public accountant's report based on a review of the exemption report undet 77 CFR 24O.77a-5 ot 17 CFR 240.18a-7, as applicable. - E (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e ot L7 CFR24O.77a-72, as applicable. - Ll (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under l7 CFR 240.17a-12(k). - E (z) other - \*\*To request conlidentiol treotment of certdin portions oI this liling, see 17 CFR 240.17o-5(e)(j) or 17 CFR 240.18o-7(d)(2), os opplicoble. Sign e Title Partner & Managing Diredor {3}------------------------------------------------ #### CALIFORNIA ACKNOWLEDGMENT #### CIVIL CODE & 1189 #### xs:sasqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqq A notary public or other officer completing this certificate verifies only the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. | State of California | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------|--| | County of ____________________________________________________________________________________________________________________________________________________________________ | | | | | On 0 6 / ~ b / ~ 20 27 - before me, __ David R. Collins, Notary Public | | | Date | Here Insert Name and Title of the Officer | | | personally appeared __ | Doott Taylor Smith | | | | Name(s) of Sianer(s) | | who proved to me on the basis of satisfactory evidence to be the personial whose namely (J/are subscribed to the within instrument and acknowledged to me that (1) shefthey executed the same in bisher/their authorized capacity(ies), and that by hisher signature(s) on the instrument the person(g), or the entity upon behalf of which the person(s) acted, executed the instrument. ![](_page_3_Picture_6.jpeg) Place Notary Seal and/or Stamp Above I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature \_ \_\_\_\_\_ Number of Pages: Signature of Notary Public - OPTIONAL Completina this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. #### Description of Attached Document Title or Type of Document: \_\_\_\_\_\_\_\_\_\_\_\_\_\_ Document Date: Signer(s) Other Than Named Above: \_ #### Capacity(ies) Claimed by Signer(s) Signer's Name: D Corporate Officer - Title(s): 0 Partner - 0 Limited 0 General O Individual മ Attorney in Fact O Trustee D Guardian or Conservator n Other Signer is Representing: | Signer's Name: | | |---------------------------------|-------------------------| | Corporate Officer - Title(s): | | | Q Partner - D Limited D General | | | a Individual | Attorney in Fact | | O Trustee | Gaardian or Conservator | | o Other: | | Signer is Representing: A A C A C C C C C C C C C C C હા ©2019 National Notary Association {4}------------------------------------------------ # CONSCENTER SECT 200 # SERIES STATES STATES SCREENDULERS # (ANNANOO TTITUBERT COMPLETE NAMIT CNPHPMACC {5}------------------------------------------------ #### TABLE OF CONTENTS | | Page No. | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------| | Report of Independent Registered Public Accounting Firm | 1 | | Statement of Financial Condition | 2 | | Statement of Income | 3 | | Statement of Changes in Company Equity | 4 | | Statement of Cash Flows | 5 | | Notes to Financial Statements | 6-10 | | Supplementary Information | | | Schedule 1 - Computation of Net Capitalfor Brokers and Dealers Pursuant to
Rule 15c3-3 of the Securities and Exchange Commission | 11 | | Schedule II - Computation for determination of Reserve Requirements
and Information Relating to the Possession or Control Requirements
Under Rule 15c3-3 of the SEC | 12 | | Report of Independent Registered Public Accounting Firm | 13 | | Viant Capital, LLC Exemption Report | 14 | | Independent Auditor's Report on Applying Agreed-Upon Procedures to an Entity's
SIPC Assessment Reconciliation | ી રે | | SIPC-7 | 16-17 | {6}------------------------------------------------ ![](_page_6_Picture_0.jpeg) '.ti6hul Cl6€i CAea598 (ag \$2.XN60 |rl (920 476S30 e,., MW ctoDperacc ou nta n cy con #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Members of Viant Capital, LLC #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Viant Capital, LLC as of December 31,2021, the related statements of income, changes in company equity, and cash flows for the year then ended, and the related notes and sohedules (collectively referred to as the "financial statements"). In our opinion, the finarcial statements present fairly, in all material respects, the financial position of Viant Capital, LLC as of December 31,2021, and the results of its operations and its cash flows for the year then ended in conformit\_v with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of Viant Capital, LLC's management. Our responsibility is to express an opinion on Viant Capital, LLC's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Viant Capitat, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the fmancial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatemeflt ofthe financial statements, whether due to enor or fraud, and perform ing procedures that respond to those risks. Such procedures included examining, on a t€st basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation ofthe financial statements. We believe that our audit provides a reasonable basis for our opinion. #### Auditors' Report on Supplemental Information The supplemental information contained in Schedules I and II has been subjected to audit procedures performed in conjunction with the audit of Viant Capital, LLC's financial statements. The supplemental information is the responsibility of Viant Capital, LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or tlre underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with l7 C.F.R. \$2a0.17a-5. ln our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. CROPPER Wh,-,\*rAr""\* ACCOUNTANCY CORPORATION We have served as Viant Capital, LLC's auditor since 2001 . Walnut Creek, California March I 2022 {7}------------------------------------------------ ## VIANT CAPITAL LLC Statement of Financial Condition December 31.2021 ### ASSETS | Cash and cash equivalents
\$ | 393,029 | |--------------------------------------------------------------|---------| | Investments, at fair value | 28,560 | | Accounts receivable | 2,400 | | Prepaids and rent deposits | 6l ,753 | | Warrants | 778,219 | | Other investments | 135.300 | | Operating Lease Assets | 244.608 | | Furniture, equipment, and leasehold improvements, | | | net of accumulated depreciation and amortization of\$234,812 | 5,'765 | | | | Total Assets | Liabilities: | | |-----------------------------------------------------|-----------------| | Accounts payable and accrued liabilities | 8,341
\$ | | Bonus Payable | 200,000 | | Operating Lease Liability | 244,608 | | Deferred Revenue | 50.000 | | Loans | 152.000 | | Total Liabilities | 949
654 | | Company equ.ity: | | | Contributed capital, net of accumulated withdrawals | (r2,3'74,439) | | Cumulative eamings | t3,369,t25 | | Total Company equity | 994
686 | | Total Liabilities and Company Equity | \$
1.649.635 | LIABILITIES AND COMPANY EOUITY \$\_\_\_\_1,612,6!l The accompanying notes are an integral part of these financial statements {8}------------------------------------------------ ## VI,ANT CAPITAL LLC Statement of Income For the Year Ended December 31,2021 | Revenue | | |---------------------------------|--------------------| | Success fees | 2,238,638
\$ | | Retainers | 177,887
S | | Other hcome | l53,l7 t | | Unrealized gain | 7,999 | | Total revenue | 2 5'17 695 | | Expenses | | | Payroll Related expenses | 63 1.3 l9 | | Commission expense | l 09,610
l
, | | Rent, net of subtenants | 127,758 | | Insurance | 83.010 | | Professional fees: | | | Computer support | 43,329 | | Tax and Accounting | 64,802 | | Compliance | 7 t ,948 | | Legal | 350 | | Office expense | I1,267 | | Regulatory fees | 12,139 | | Telephone and communication | 6,202 | | Subscriptions and data services | 131 | | State taxes | 13,600 | | Local taxes | 9,919 | | Interest expense | (4.07{i) | | Bad debt expense | 4,000 | | Depreciation and amortization | r,655 | | Total expenses | 2
186 961 | | Net income | \$
't34
390 | The accompanying notes are an integral part ofthese financial statements {9}------------------------------------------------ # VIANT CAPITAL LLC Statement ofChanges in Company Equity For the Year Ended December 3l ,2021 | | Contributed
Capital, net | Accumulated
Earnings | Total | |-----------------------------|-----------------------------|------------------------------------------|-----------| | Balance - December 31,2020 | | \$(1r,619,271) \$12,978,391 \$ 1,3s9,120 | | | Net income | | 390.734 | 390.734 | | Member Contribution | | | | | Members Distributions | (755,168) | | (755,168) | | Balance - December 31, 2021 | s(12,374,439) | s13,369,125 \$ 994,686 | | The accompanying notes are an integral part of these financial statements {10}------------------------------------------------ ## VIANT CAPITAL LLC Statement of Cash Flows For the Year Ended December 31.2021 | Cash flows from operating activities: | | |------------------------------------------------------|---------------------| | Net income | s 390,734 | | Adjustments to reconcile net income to net | | | cash provided by (used in) operating activities: | | | Depreciation expense | I,655 | | Unrealized gain on investments | (t4,692) | | Changes in and liabilities: | | | (lncrease) decrease in operati,?g assets | | | Increase in accounts receivable | 23,r37 | | lncrease in lease deposits and prepaid expenses | (42,862) | | Lease assets | (109,999) | | Increase (decrease) in operating liabilities | | | Decrease in accounts payable and accrued liabilities | (69,955) | | Bonus payable | | | Lease obligations | 200,000 | | | 109,999
(94,887) | | Deferred Revenue | (63,s99) | | Loans | | | Net cash provided by (used in ) operating activities | 329,s31 | | Cash flows from investing activities: | | | Additions to fixed assets | (2,881) | | Sale of other investments | (13,868) | | Warrants | I 1,553 | | Net cash provided by (used in) investing activities | (s,196) | | Cash flows from financing activities: | | | Member contributions | | | Members distributions | 755
168 | | Net cash provided by (used in) Iinancing activities | 755
168 | | | | | Net increase in cash | (430,833) | | | | | Cash at beginning of year | 823,862 | | Cash at end of year | s 393,029 | | Supplemental disclosure: | | | State income taxes paid | \$
13,600 | | Interest paid | \$
(4,078) | The accompanying notes are an integral part of these financial statements {11}------------------------------------------------ #### VIANT CAPITAL, LLC Notes to Financial Statements December 31, 2021 #### 1. General Information and Summary of Significant Accounting Policies #### Description of Business Viant Capital, LLC (the "Company"), a subsidiary of Viant Group, LLC (the "Parent"), was incorporated February 3, 1999, and began business June 15, 1999. The Company is registered as a broker dealer in securities under the Securities Exchange Act of 1934. The Company acts as a placement agent for venture capital financing, underwrites securities transactions, and provides mergers and acquisition advice. #### Basis of Accounting The financial statements are prepared on the accrual basis of accounting wherein income is recognized as earned and expenses are recognized when incurred. #### Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported anounts and disclosures. Accordingly, actual differ from those estimates. #### Warrants As part of the normal course of business, the Company receives stock warrants in private companies as part of its contractual agreements. These warrants have little, if any, value upon the signing of the agreement. When (and if) the companies mature, and a foreseeable market becomes available, a value would be assigned to the warrant. #### Fair Value Measurements Fair Values are based on quoted market prices when available. In instances where there is little or no market activity for the same or similar instruments, the company estimates fair value using methods, models or assumptions that management believes market participants would use to determine a current transaction price. These valuation techniques involve some level of management estimation and judgment which becomes significant with increasingly complex instruments or pricing models. Where appropriate, adjustments are included to reflect the risk inherent in a particular methodology, model or inputused. U. S. GAAP establishes a hierarchy for inputs (level 1, 2, and 3 inputs, as defined) used in measuring fair value that maximizes the use of observable inputs, and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs that reflect the reporting entity's assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. Accordingly, the fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. {12}------------------------------------------------ #### VIANT CAPITAL, LLC Notes to Financial Statements December 31, 2021 ### 1 . General Information and Summary of Significant Accounting Policies (Continued) The three levels of inputs within the fair value hierarchy are defined as follows: Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity has the ability to access as of the reporting date. Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly, through corroboration with observable data. Level 3 - Unobservable inputs, such as internally developed pricing models for the asset or liability due to little or no market activity for the asset or liability. Additionally, U.S. GAAP requires enhanced disclosure regarding instruments in the Level 3 category (which have inputs to the valuation techniques that are unobservable and require significant management judgment). See note 7, Restricted Securities, for additional information. #### Cash and cash equivalents The Company considers all highly liquid financial instruments purchased with an original maturity of three months or less to be cash equivalents. At December 31, 2021, the cash balance was held in two banks, and exceeded the FDIC limit of \$250,000 by \$46,155. #### Revenue recognition Success fees are earned at the close of a successful deal, generally calculated as a percentage of the transaction value. Retainer revenues are earned when performance obligations identified in the contract have heen satisfied. Retainer fees received but not yet earned are recognized as deferred revenue. At December 31, 2021, the Company recorded \$50,000 as deferred revenue. #### 2. Net Capital Reauirement As a registered broker and dealer in Securities, the Company is subject to the Securities Exchange Commission Uniform Net Capital Rule (Rule 15c3-1). The Company's ratio of aggregate indebtedness to net capital as defined in the Uniform Net Capital Rule was approximately 1.25 to 1 at December 31, 2021. Aggregate indebtedness and net capital change from day to day. The Company is required to maintain a ratio of less than 15 to 1. At December 31, 2021, the Company had net capital as defined of \$206,965, which exceeded the minimum requirement of \$17,223 by \$189,742. The Company must maintain a minimum net capital of 120% of the minimum required capital to avoid interim reporting requirements. {13}------------------------------------------------ ### VIANT CAPITAL, LLC Notes toFinancia I Statements December 31,2021 3 Exemntion From Rule 15c3-3 The Company is exempt.from certain provisiotts of Rule I5c3-3 since it does not clear transactions in securities or hold customer funds or securities. The Company carries no margin accounls and promptly transntils all customerfunds, delivers all customer securities and will not otherwise hold fund.s or securities of customers. # 4. Lease Commilmenl The rent for 2021 was \$127,758, w,hich vas net of sublenant renls of \$130,276. The following are terms of lhe lease amendmenl signed in April of2010- The amendment includes an additional 2,748 erpansion space on the 4'h floor i addition lo the current 6l 15 sq ft on the 3d Jloor at 500 W'ashington Streel. A second lease amendment u,as signed in February, 2016, which includes an e ension tenn with a comnvncement date oJ December 2016 through November 2021- A third amendment w'as signed in November 2021, which includes an e-\tension term wilh commencement December 2021 through November 2023. The new lease payment is \$10,736.|br 2022 ctnd \$1 1.059 r 2023 | | Gross
Lease
Amoant
2021 | Monthly
Payment
(Gross)
202r | Sublease
Payments
2021 | Net Lease
Payments
2021 | |------------------|----------------------------------|---------------------------------------|------------------------------|-------------------------------| | 500 ll'ashington | \$2 58,034 | \$28,09t | \$ I 30,276 | s127.758 | In accordance with FASB ASC 842, the Company has recorded a lease asset to account for the right-of-use of the oflice space and a lease liability to account for lhe liabilit;, owed over the remaining life of the lease agreement. The balance is 5244,608 at December 31,202L There are currenlly no sublease agreements in place. Income Taxes 5 > There is no federal income tLx liability .for the Company at December 3 I, 2021 . As a Limited Liabili4, Company (LLC) the Company is a Jlow-through-entity similar to a partnership. # 6. Fixed Assets At December 3 I , 202I the./ixed assets were as follows: | Furniture and equ ipmen I | \$178.016 | |--------------------------------------------|-----------| | Deprecialion of furttiture and eq uipm enl | 72.25t) | | Net furniture and equipmettt | 5.765 | | Tenanl improvemenls - lfashinglon Street | 64.2 1 6 | | Amortization oJ leaseho ld improyements | 64.216) | | Net lease hold i mprovements | | | Total JLted assets and leasehold | | | improvements | \$ 5.765 | {14}------------------------------------------------ #### VIANT CAPITAL, LLC Notes to Financial Statements December 31, 2021 Furniture and equipment are depreciated on a straight-line basis over 3 - 7 years. The 2006 leasehold improvements were amortized over the term of the initial lease. #### 7. Restricted Securities #### Fair value measurements During the normal course of business, stock warrants are received for services performed by the Company. The Company also invested in early stage private companies. The Company currently holds both common and preferred shares of stock of private companies that are executed but not readily marketable. At December 31, 2021, the Company had common stock in four private companies totaling \$135,300. These private company investments would be deemed to be Level 3 due to the lack of significant observable inputs. The Company used the Black Scholes method of valuation to value the warrants at December 31, 2021. #### Warrants in Private Companies The Companyhaswarrants in various private companies. The estimated value of these warrants is \$778,219 as of December 31, 2021. These warrants are classified as Level 3. | | Warrants
and Options | | Fair Market
Value | |----------------|-------------------------|-----|----------------------| | GrayMeta Inc. | 79.244 | રું | 145.017 | | GrayMeta, Inc. | 340.756 | | 623.583 | | ForeLight Inc. | 34,922 | | 9.138 | | Other Warrants | NIA | | 481 | | | | કે | 778.219 | #### Stocks The Company invested in publicly traded stocks. At December 31, 2021 the stocks had a balance of \$28,560. These stocks are classified as Level 1. There were no transfers in or out of Level 3 during 2021. #### 8. Subsequent Events Management has evaluated subsequent events through the date on which the financial statements were available to be issued. No additional adjustments or disclosures to the financial statements were deemed necessary. {15}------------------------------------------------ #### VIANT CAPITAL, LLC Notes to Financial Statements December 31, 2021 #### 9. Loan Pavable The Company received a loan from First Republic Bank in the amount of \$63,600 under the Paycheck Protection Program established by the Coronavirus Aide, Relief, and Economic Security ("CARES") Act. The loan is subject to a note dated April 27, 2020 and may be forgiven to the extent proceeds of the loan are used for eligible expenditures, such as payroll and other expenses described in the CARES Act. The note bears interest at a rate of 1% per annum and is payable in monthly installments of principal and interest over twenty-four months beginning twelve months from the date of the loan. The loan may be repaid at any time with no prepayment penalty. The Company has determined that it is eligible for complete forgiveness of the note. As of December 31st, 2020 the Company has applied for loan forgiveness and is awaiting approval for complete forgiveness. The Company received forgiveness for the loan on April 9, 2021. The Company also received a loan from the U.S. Small Business Administration in the amount of \$152,000. The loan is subject to a note dated July 15, 2020. The Company must pay principal and interest pavments every month beginning twelve months from the date of the note. All remaining principal and accrued interest is due and payable thirty years from the date of the Note. {16}------------------------------------------------ ### VIANT CAPITAL LLC Schedule I Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission December 31, 2021 | Company equity | | S | 994,686 | | |------------------------------------------------------------------------|-----------|---|--------------|--| | Assets not allowed for net capital purposes: | | | | | | Accounts receivable | (2,400) | | | | | Deposits and prepaid assets | (61,753) | | | | | Warrants | (778,219) | | | | | Other investments | (135,300) | | | | | Net furniture and equipment | (5,765) | | (983,437) | | | Allowable credits | | | 200,000 | | | Haircut other securities | | | (4,284) | | | Net Capital | | | 206,965
A | | | Minimum net capital required: | | | | | | Greater of 6-2/3% of aggregate indebtedness (\$258,340) | | | | | | or \$5,000 | | | 17,223 | | | Net capital in excess of requirement | | S | 189,742 | | | Aggregate indebtedness | | ક | 258,340
B | | | Ratio of aggregate indebtedness (\$258,340) to net capital (\$206,965) | | | 1.25 to 1 | | | A
B | | | | | Reconciliation of above net capital to FOCUS Report filed: | | Aggregate
Indebtedness | | Net
Capital | Ratio
AI/NC | | |-----------------------------------------------------------|---------------------------|--------|------------------------|----------------|--| | Per submitted computation
Addition of deferred revenue | \$ 208,340 | 50,000 | \$ 256.965
(50,000) | 0.8 l to 1 | | | Per statements as finalized | \$ 258,340 | | \$ 206,965 | 1.25 to 1 | | {17}------------------------------------------------ # VIANT CAPITAL LLC Schedule II Computation for determination of Reserve Requirements and Information Relating to the Possession or Control Requirements Under Rule I 5c3-3 of the SEC December 31. 2021 The Company is not claiming an exemption tiom the provisions of Rule l5c3-3 under the Securities Exchange Act of 1934. See Exemption Report for further detail. {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) Wbhui GE€X, CA 9159€ (925) 932-3E60 bJ (92s) 476-9!30 Ehx www. c rap perac c1mtan cy. c 0n #### REPORT OF INDEPENDENT RECISTERED PUBLIC ACCOIJNTING FIRM To the Members of Viant Capital, LLC We have reviewed managementrs statements, included in the accompanying Exemption Report, in which ( I ) Viant Capital, LLC (the Company) identified the following provisions of I 7 C.F.R. gI 5c3-3(k) under which Viant Capital, LLC did not claim an exemption from l7 C.F.R. 9240.15c3-3: and (2) because the Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No, 34-70073 adopting amendments to I 7 C.F.F. \$240.17a-5 because the Company limits its business activities exclusively to: (l) private placements of securides to institutional customers on a best efforts basis, and; (2) merger and acquisition consulting and investment advisory, and the Company (l) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (2) did not cany accounts of or for customers; and (3) does not and will not carry PAB accounts (as defined in Rule [ 5c3-3) throughout the most recent fiscaI year without exception. The Company's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquires and other required procedues to obtain evidence about the Company's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression ofan opinion on management's statemenls. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to b€ faidy stated, in all material respects, based upon the Company's business activities contemplated by Footnote 74 of the SEC Release No . 34-70073 adopting amendments to I7 C.F.R. \$ 240.17a-5, and related SEC StaffFrequently Asked Questions. M.lm!ru Ar\*tu Walnut Creek, Califomia March 1,2022 ORATION {19}------------------------------------------------ Viant Capital LLC 5oo Washington Street Suite 34o San Francisco, CA 94rrr Group Viant Tel (+rS) 820-6ro5 Fax (qrS) 820-6ro1 ### Viant Capital LLC Exemption Report Viant Capital LLC (the "Company") is a registered broker-dealer subject to Rule .l7a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. 9240.17 a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by l7 C.F.R. \$240.17a-5(d)( I) and (4). To the best of its knowledge and belief, the Company states the following: ( I ) The Company does not claim an exemption under paragraph (k) of l7 C.F.R. \$ 240. 15c3 -3, and (2) The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34- 70073 adopting amendments to l7 C.F.R. \$ 240.17a-5 because the Company limits its business activities exclusively to: ( I ) private placements of securities to institutional customers on a best efforts basis, and (2) merger and acquisition consulting and investment advisory; and the Company (l) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (2) did not carry accounts ofor for customers; and (3) does not and will not carry PAB accounts (as defined in Rule l5c3-3). Viant Capital LLC I, Scott Smith, swear (or affirm) that, to my best knowledge and beliel this Exemption Report is orre and correct. By: E dt t S^d{, 1F54028680FC400 Title: CEO I Managing Director 2/7s /2022 2 Footnote 74 ofRelease No. 34-70073 and the related SEC StafTFrequently Asked Questions contemplate a brokerdealer that: ( I ) does not directly or indirectly receive, hold, or otherwise owe f'unds or securities lor or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) ofRule | 5c2-4 and/or funds received and promptly transmitted tbr effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) does not carry accounts ofor for customers; and (3) does not carry PAB accounts (as detined in Rule I 5c3-3) throughout the most recent fiscal year. A broker-dealer that has one or more deviations from the practices described in Footnote 74 and the SEC StaffFAQs should consider u,lrether it is appropriate for the broker-dcaler to file a compliance report as opposed to an exemption report taking into account the nature and extent ofthe deviation or deviations. {20}------------------------------------------------ ![](_page_20_Picture_0.jpeg) lr{6inul Cr.ol CA 91598 (s25) 932-3860 16l (925) 476.9930 shx wvttt. c ro p p e n c c a u nt a n cy. c o n #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES To the Members of Viant Capital, LLC We have performed the procedures included in Rule l7a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities lnvestor Protection Corporation (SIPC) Series 600 Rules, which are enumerated below on the aciompanying General Assessment Reconciliation (Form SIPC-7) for the year ended December 31,2021. Management of Viant Capital, LLC (Company) is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7. Management of the Company has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting you and SIPC in evaluating the Company's compliance with the applicable instructions on Form SIPC-7 for the year ended December 31,2021. Additionally, SIPC has agreed to and acknowledged that the procedures performed are appropriate for their intended purpose. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this repot has been requested or for any other purpose. The procedures we perlormed and our findings are as follows: - l) Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entries, noting no differences; - 2) Compared the Total Revenue amounts reported on the Annual Audited Report Form X-l7A-5 Part III for the year ended December 31,2021 with the Total Revenue amount reporled in Form SIPC-7 for the year ended December 3l , 2021, noting no differences; - 3) Compared any adjustments reported in Form SIPC-7 with supporting schedules and working papers, noting no differences; - 4) Recalculated the aritirmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers supporting the adjustments, noting no differences; and - 5) Compared the amount of any overpayment applied to the current assessment with the Form SIPC-7 on which it was originally computed, noting no differences. We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICPA and in accordance with the sandards of the Public Company Accounting Oversight Board (United States). We were not engaged to and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Company's Form SIPC-7 and for lts compliance with the applicable instructions on Form SIPC-7 for the year ended December 31,2021. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of the Company and to meet our other erhical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement. {21}------------------------------------------------ This report is intended solely for the information and use of the Company and SIPC and is not intended to be and should not be used by anyone other than these specified parties. per Accountary Corpo CROPPER ACCOUNTANCY CORPORATION Walnut Creek, California March 1, 2022 {22}------------------------------------------------ | SIPC-7 | | |----------------|--| | (36-REV 12/18) | | ### SECURITIES INVESTOR PROTECTION CORPORATION Mail Code: 8967 P.O. Box 7247 Philadelphia, PA 19170-0001 (36-REV 12/18) # General Assessment Reconciliation For the fiscal year ended 12/31/2021 (Read carefully the instructions in your Working Copy before completing this Form) #### TO BE FILED BY ALL SIPC MEMBERS WITH FISCAL YEAR ENDINGS 1. Name of Member, address, Designated Examining Authority, 1934 Act registration no. and month in which fiscal year ends for purposes of the audit requirement of SEC Rule 17a-5: | | 51602 FINRA DEC
VIANT CAPITAL LLC
500 WASHINGTON ST STE 325
SAN FRANCISCO, CA 94111-2947 | | Note: If any of the information shown on the
mailing label requires correction, please e-mail
any corrections to form@sipc.org and so
indicate on the form filed.
Name and telephone number of person to
contact respecting this form.
Jeannette Gaston 973-291-8591 | |---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 2. A. General Assessment (item 2e from page 2) | | 3,631 | | | B. Less payment made with SIPC-6 filed (exclude interest)
07/29/2021 | | 1,949 | | | Date Paid
C. Less prior overpayment applied | | | | | D. Assessment balance due or (overpayment) | | | | | E. Interest computed on late payment (see instruction E) for _________________________________________________________________________________________________________________ | | | | | F. Total assessment balance and interest due (or overpayment carried forward) | | 4,682 | | | G. PAYMENT: \ the box
Check mailed to P.O. Box V Funds Wired
Total (must be same as F above) | ACH | | | | H. Overpayment carried forward | રું ર | | | | 3. Subsidiaries (S) and predecessors (P) included in this form (give name and 1934 Act registration number):
The SIPC member submitting this form and the
person by whom it is executed represent thereby
that all information contained herein is true, correct
and complete. | Viant Capital, LLC | (Name of Cerperation, Partnership or other organization)
annette Gaston | | | | | (Aughorized Signalure) | | | . 20 22
Dated the 24th day of February | FINOP | (Title) | | | This torm and the assessment payment is due 60 days after the end of the fiscal year. Retain the Working Copy of this form
tor a period of not less than 6 years, the latest 2 years in an easily accessible place.
Dates :
Posimarked
Received | Reviewed | | | | Calculations _ | Documentation_ | Forward Copy _________________________________________________________________________________________________________________________________________________________________ | | SIPC REVIEWER | Exceptions: | | | | | Disposition of exceptions: | | | {23}------------------------------------------------ ## DETERMINATION OF "SIPC NET OPERATING REVENUES" AND GENERAL ASSESSMENT Amounts for the fiscal period beginning 01/01/2021 and ending 123/201 | Item No.
2a. Total revenue (FOCUS Line 12:Part IIA Line 9, Code 4030) | | Eliminate cents
\$ 2,577,695 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------|---------------------------------| | 2b. Additions:
(1) Total revenues from the securities business of subsidiaries (except foreign subsidiaries) and
predecessors not included above. | | | | (2) Net loss from principal transactions in securities in trading accounts. | | | | (3) Net loss from principal transactions in commodities in trading accounts. | | | | (4) Interest and dividend expense deducted in determining item 2a. | | | | (5) Net loss from management of or participation in the underwriting or distribution of securities. | | | | (6) Expenses other than advertising, printing, registration fees deducted in determining net
profit from management of or participation in underwriting or distribution of securities. | | | | (7) Net loss from securities in investment accounts. | | | | Total additions | | | | 2c. Deductions:
(1) Revenues from the distribution of shares of a registered open end investment company or unit
investment trust, from the sale of variable annuities, from the business of insurance, from investment
advisory services rendered to registered investment companies or insurance company separate
accounts, and from transactions in security futures products. | | | | (2) Revenues from commodity transactions. | | | | (3) Commissions, floor brokerage and clearance paid to other SIPC members in connection with
securities fransactions. | | | | (4) Reimbursements for postage in connection with proxy solicitation. | | | | (5) Net gain from securities in investment accounts. | | | | (6) 100% of commissions and markups earned from transactions in (i) certificates of deposit and
(ii) Treasury bills, bankers acceptances or commercial paper that mature nine months of less
from issuance date. | | | | (7) Direct expenses of printing advertising and legal tees incurred in connection with other revenue
related to the securities business (revenue defined by Section 16(9)(L) of the Act). | | | | (8) Other revenue not related either directly or indirectly to the securities business.
(See Instruction C): | | | | Bad Debt & PPP Loan | | 157,160 | | (Deductions in excess of \$100,000 require documentation) | | | | (9) (i) Total interest and dividend expense (FOCUS Line 22/PART IIA Line 13,
Code 4075 plus line 2b(4) above) but not in excess
of total interest and dividend income. | ಕ್ಕೆ | | | (ii) 40% of margin interest earned on customers securities
accounts (40% of FOCUS line 5, Code 3960). | S | | | Enter the greater of line {i} or (ii) | | | | Total deductions | | 157,160 | | 2d. SIPC Net Operating Revenues | | 2,442,535 | | 2e. General Assessment @ .0015 | | 3,631 | | | | (to page 1, line 2.A.) | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.