Three Months Ended March 31,

2023

2022

(in thousands, except per share amounts)

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

Numerator:

Net loss

$

(9,182

)

$

(11,053

)

Net income attributable to redeemable noncontrolling interest

(15

)

(617

)

Net loss attributable to AvePoint, Inc.

$

(9,197

)

$

(11,670

)

Total net loss available to common shareholders

$

(9,197

)

$

(11,670

)

Denominator:

Weighted average common shares outstanding

182,818

182,833

Effect of dilutive securities

—

Weighted average diluted shares

182,818

182,833

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

$

(0.05

)

$

(0.06

)