Three Months Ended March 31,

2022

2021

(in thousands, except

per share amounts)

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

Numerator:

Net loss

$

(11,053

)

$

(4,942

)

Net income attributable to redeemable noncontrolling interest

(617

)

(397

)

Net loss attributable to AvePoint, Inc.

$

(11,670

)

$

(5,339

)

Deemed dividends on preferred stock

—

(8,794

)

Total net loss available to common shareholders

$

(11,670

)

$

(14,133

)

Denominator:

Weighted average common shares outstanding

182,833

100,773

Effect of dilutive securities

—

Weighted average diluted shares

182,833

100,773

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

$

(0.06

)

$

(0.14

)

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

$

(0.06

)

$

(0.14

)