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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Revenue $ 53,927 $ 39,794 $ 138,071 $ 105,411
Cost of revenue:        
Cost of revenue 15,222 10,256 37,720 29,696
Gross profit 38,705 29,538 100,351 75,715
Operating expenses:        
Sales and marketing 25,186 21,830 73,488 49,881
General and administrative 22,230 10,469 44,186 20,918
Research and development 19,648 3,003 27,633 8,760
Depreciation and amortization 326 259 863 800
Total operating expenses 67,390 35,561 146,170 80,359
Loss from operations (28,685) (6,023) (45,819) (4,644)
Gain on earn-out and warrant liabilities 13,650 0 13,650 0
Interest income, net 56 17 80 26
Other income (expense), net (299) 65 (300) (324)
Loss before income taxes (15,278) (5,941) (32,389) (4,942)
Income tax (benefit) expense (5,521) 6,244 (6,633) (72)
Net loss (9,757) (12,185) (25,756) (4,870)
Net loss attributable to and accretion of redeemable noncontrolling interest (517) 0 (1,413) 0
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)
Net loss available to common shareholders $ (9,666) $ (17,800) $ (60,097) $ (26,283)
Loss per share:        
Basic (in dollars per share) $ (0.05) $ (0.20) $ (0.47) $ (0.30)
Diluted (in dollars per share) $ (0.05) $ (0.20) $ (0.47) $ (0.30)
Shares used in computing loss per share:        
Basic (in shares) 176,621 90,805 126,738 86,784
Diluted (in shares) 176,621 90,805 126,738 86,784
SaaS [Member        
Revenue:        
Revenue $ 22,410 $ 14,092 $ 61,255 $ 36,034
Cost of revenue:        
Cost of revenue 4,866 2,799 13,870 7,856
Termed License and Support [Member]        
Revenue:        
Revenue 17,477 8,171 37,292 23,272
Cost of revenue:        
Cost of revenue 211 437 714 1,257
Service [Member]        
Revenue:        
Revenue 8,143 10,870 21,361 26,173
Cost of revenue:        
Cost of revenue 9,435 6,716 21,528 19,605
Maintenance and OEM [Member]        
Revenue:        
Revenue 5,293 6,056 16,160 17,837
Cost of revenue:        
Cost of revenue 710 304 1,608 978
License [Member]        
Revenue:        
Revenue $ 604 $ 605 $ 2,003 $ 2,095