Note 17 - Segment Information

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

17. 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 is based upon the billing address of the customer. All transfers between geographic regions have been eliminated from consolidated revenue. The following table sets forth revenue by geographic area:

	Year Ended December 31,
	2023		2022		2021
	(in thousands)
Revenue:
North America	$	118,490	$	102,025	$	83,034
EMEA		81,753		71,635		58,285
APAC		71,582		58,679		50,590
Total revenue	$	271,825	$	232,339	$	191,909

The following table sets forth revenue generated by countries which represent more than 10% of total consolidated revenue:

	Year Ended December 31,
	2023		2022		2021
	(in thousands)
Revenue:
United States	$	115,799	$	100,870	$	83,034
Germany		35,775		30,625		23,574
Singapore		30,974		21,915		16,580
Japan		22,547		21,348		23,360

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

	December 31,		December 31,
	2023		2022
	(in thousands)
Property and equipment, net:
United States	$	1,137	$	1,279
China		1,915		2,982
Other		2,066		1,276
Total property and equipment, net	$	5,118	$	5,537

AvePoint, Inc. and Subsidiaries

Notes to Consolidated Financial Statements (continued)