Note 15 - Segment Information

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

15. Segment information

The Company operates in one segment. Its products and services are sold throughout the world, through direct and indirect sales channels. The Company’s chief operating decision maker (the “CODM”) is the Chief Executive Officer. The CODM makes operating performance assessment and resource allocation decisions on a global basis. The CODM does not receive discrete financial information about asset allocation, expense allocation or profitability by product or geography.

Revenue by geography are based upon the billing address of the customer. All transfers between geographic regions have been eliminated from consolidated revenue. No customers represented greater than 10% of revenue for the three and nine months ended September 30, 2021 and 2020. The following table sets forth revenue by geographic area:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(in thousands)				(in thousands)
Revenue:
North America	$	24,181	$	18,051	$	62,370	$	46,522
EMEA		14,799		10,812		39,743		30,381
APAC		14,947		10,931		35,958		28,508
Total revenue	$	53,927	$	39,794	$	138,071	$	105,411

The North America region includes revenue from the United States and Canada. Revenue generated from customers based in the United States was $24.2 million and $62.3 million for the three and nine months ended September 30, 2021, respectively, and $18.2 million and $46.4 million for the three and nine months ended September 30, 2020, respectively.

The following table sets forth property and equipment, net held within the United States, China and foreign countries:

	September 30,		December 31,
	2021		2020
	(in thousands)
Property and equipment, net:
United States	$	849	$	976
China		1,864		1,219
Other		539		468
Total property and equipment, net	$	3,252	$	2,663

AvePoint, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements

(Unaudited)