AvePoint Inc - 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2025or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from __________ to ___________.Commission file number:001-39048 AvePoint, Inc. (Exact name of registrant as specified in its charter) 83-4461709(I.R.S. Employer Identification No.) (804)314-5903(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of May 7, 2025, there were203,233,202shares of the registrant’s common stock, par value $0.0001 per share, issued and outstanding. AVEPOINT, INC.FORM 10-Q FORWARD-LOOKING STATEMENTS PART I. FINANCIAL INFORMATION Item 1. Financial Statements4Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations30Item 3. Quantitative and Qualitative Disclosures About Market Risk43 Table of Contents FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Quarterly Report”) of AvePoint, Inc. (hereinafter referred to as the“Company,” “AvePoint,” “we," “us” and “our”) includes estimates, projections, statements relating to our business plans,objectives, and expected operating results that may constitute “forward-looking statements” within the meaning of the PrivateSecurities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), andSection 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements, as well asdescriptions of the risks and uncertainties that could cause actual results and events to differ materially, may appear throughout thisQuarterly Report, including in the following sections: “Management’s Discussion and Analysis of Financial Condition and Resultsof Operations” (Part I, Item 2 of this Quarterly Report), “Quantitative and Qualitative Disclosures about Market Risk” (Part I, Item3 of this Quarterly Report), and “Risk Factors” (Part II, Item1A of this Quarterly Report). These risks and uncertainties also These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,”“estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,”“will likely result,” and similar expressions. However, the absence of these words or similar expressions does not mean that astatement is not forward-looking. All statements that address operating performance, events, or developments that we expect oranticipate will occur in the future— including statements relating to volume growth, sales, earnings, and statements expressinggeneral views about future operating results— are forward-looking statements. These forward-looking statements are, by theirnature, subject to significant risks and uncertainties, and are based on the beliefs of, as well as assumptions made by and In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even ifsubstantially realized, that they will result in the consequences or affect us or our operations in the way we expect. We undertakeno obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, orotherwise, except as required by law. All written and oral forward-looking statements attributable to us, or persons acting on our PART IItem 1 PART I. FINANCIAL INFORMATION. ITEM 1. FINANCIAL STATEMENTS. Index to Financial Statements (Unaudited)PageCondensed Consolidated Balance Sheetsas of March 31, 2025 and December 31, 20245Condensed Consolidated Statements of Income (Loss)for the Three Months Ended March 31, 2025 and 20246Condensed Consolidated Statements of Comprehensive Income (Loss)for the Three Months Ended March 31, 2025and 20247Condens