AvePoint Inc

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

AVPT$16.81+1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	For the Year Ended
	December 31,
	2023	2022	2021
Revenue:
SaaS	$160,961	$117,180	$85,580
Term license and support	52,744	57,214	50,970
Services	44,795	41,283	31,919
Maintenance	13,325	16,662	23,440
Total revenue	271,825	232,339	191,909
Cost of revenue:
SaaS	35,924	27,313	19,118
Term license and support	1,946	2,006	963
Services	38,807	36,037	30,950
Maintenance	783	920	1,970
Total cost of revenue	77,460	66,276	53,001
Gross profit	194,365	166,063	138,908
Operating expenses:
Sales and marketing	112,105	110,638	100,868
General and administrative	61,271	65,132	59,390
Research and development	36,340	31,359	32,141
Total operating expenses	209,716	207,129	192,399
Loss from operations	(15,351)	(41,066)	(53,491)
Other (expense) income, net	(3,263)	7,416	20,703
Loss before income taxes	(18,614)	(33,650)	(32,788)
Income tax expense	2,887	5,038	457
Net loss	$(21,501)	$(38,688)	$(33,245)
Net income attributable to noncontrolling interest	(224)	(2,942)	(1,974)
Net loss attributable to AvePoint, Inc.	$(21,725)	$(41,630)	$(35,219)
Deemed dividends on preferred stock	—	—	(32,928)
Net loss available to common stockholders	$(21,725)	$(41,630)	$(68,147)
Basic and diluted loss per share	$(0.12)	$(0.23)	$(0.48)
Basic and diluted shares used in computing loss per share	182,257	181,957	141,596

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.