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[ K ] ubient Kubient Reports Strong Third Quarter 2021 Results November 10 , 2021 Company Records Net Revenue Increase of 141 % Year - Over - Year and 35 % Quarter - Over - Quarter Continued Expansion of KAI Platform Drives Strong Momentum Heading into 2022 NEW YORK , Nov. 10 , 2021 / PRNewswire / --Kubient , Inc. ( NasdaqCM : KBNT , KBNTW ) ( " Kubient " or the " Company " ) , a cloud - based software platform for digital advertising , today reported financial results for the third quarter ended September 30 , 2021 . [ K ] ubient Third Quarter 2021 and Recent Operational Highlights • Net revenue increased 141 % year - over - year and 35 % quarter - over - quarter , as a result of an increase in partnerships on both the supply and demand side of the Audience Cloud marketplace • Partnered with Verve Group to increase transparency and reduce fraud in the advertising supply chain . The partnership opens up premium inventory for advertisers working with Verve Group , and enables Kubient's publishers the ability to access additional premium inventory from Verve Group , ultimately creating more transparency and efficiency for brands and agencies • Publisher inventory that Kubient can monetize , or ad impression opportunities , for the Audience Cloud , Kubient's flexible open marketplace for both advertisers and publishers to reach , monetize and connect their audiences , increased 156 % from Q2 2021 to Q3 2021 The number of total direct publisher partnerships that have authorized Kubient to sell their inventory is currently 3,270 , a decrease of 298 from the prior quarter . The decrease in publishers was a result of KAI identifying and removing fraudulent websites within the Audience Cloud • Revealed figures on the state of ad fraud as identified by the company's proprietary ad fraud detection tool , Kubient Artificial Intelligence ( " KAI " ) . During the three months ended September 30 , 2021 , Kubient continued its expansion of KAI and performed 8 KAI audits with prospective customers . Year to date , the Company has performed a total of 14 KAI audits