Three Months Ended September 30,

Nine Months Ended September 30,

2021

2020

2021

2020

(in thousands, except

per share amounts)

Loss per share available to common shareholders, excluding sponsor earn-out shareholders

Numerator:

Net loss

$

(9,757

)

$

(12,185

)

$

(25,756

)

$

(4,870

)

Net income attributable to redeemable noncontrolling interest

(517

)

—

(1,413

)

—

Net loss attributable to AvePoint, Inc.

$

(10,274

)

$

(12,185

)

$

(27,169

)

$

(4,870

)

Deemed dividends on preferred stock

608

(5,615

)

(32,928

)

(21,413

)

Total net loss available to common shareholders

$

(9,666

)

$

(17,800

)

$

(60,097

)

$

(26,283

)

Denominator:

Weighted average common shares outstanding

176,621

90,805

126,738

86,784

Effect of dilutive securities

—

Weighted average diluted shares

176,621

90,805

126,738

86,784

Basic loss per share available to common shareholders, excluding sponsor earn-out shareholders

$

(0.05

)

$

(0.20

)

$

(0.47

)

$

(0.30

)

Diluted loss per share available to common shareholders, excluding sponsor earn-out shareholders

$

(0.05

)

$

(0.20

)

$

(0.47

)

$

(0.30

)