AvePoint Inc-A 2025年季度报告

Commission file number:001-39048 AvePoint, Inc. Delaware 525 Washington Blvd, Suite 1400Jersey City,NJ07310 (804)314-5903(Registrant’s telephone number, including area code) Not Applicable For the Fiscal Quarter EndedMarch 31, 2025TABLE OF CONTENTS Item 1. Financial StatementsItem 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 1. Legal ProceedingsItem 1A. Risk Factors 2 “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 Private Securities 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 alsoinclude, but are not limited to, those described from time to time in the Company’s reports filed with the Securities and ExchangeCommission (“SEC”). anticipate 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 andinformation currently available to, our management. Our management believes that these forward-looking statements arereasonable as and when made. However, caution should be taken not to place undue reliance on any such forward-lookingstatements because such statements speak only as of the date when made. Readers should evaluate all forward-looking statementsmade in the context of these risks and uncertainties. The important factors referenced above may not contain all of the factors thatare important to investors. 3 Condensed Consolidated Statements of Cash Flowsfor the Three Months Ended March 31, 2025 and 2024Notes to Condensed Consolidated Financial Statements Operating activities Operating lease right-of-use assets expenseForeign currency remeasurement loss Stock-based compensation9,620Deferred income taxes(95)1,064 Changes in operating assets and liabilities:Accounts receivable9,198Prepaid expenses and other current assets1,895 Accounts payable, accrued expenses, other current liabilities, operating leaseliabilities and other liabilities(29,751)Deferred revenue4,211Net cash provided by operating activities495 Purchases of investmentsCapitalization of internal-use software Purchase of property and equipmentIssuance of notes receivables Cash paid in business combinations, net of cash acquired(14,893)Net cash used in investing activities(16,859)Financing activitiesPurchase of common stock(11,905)Proceeds from warrant exercises87,344 Net increase (decrease) in cash and cash equivalents60,746Cash and cash equivalents at beginning of period290,735Cash and cash equivalents at end of period$351,481$Supplemental disclosures of cash flow information Unpaid redemption of noncontrolling interest$—$See accompanying notes. AvePoint, Inc. (collectively with its subsidiaries, hereinafter referred to as “AvePoint,” the “Company,” “we,” “us,” or “our”) was incorporated as a New Jersey corporation onJuly 24, 2001and redomiciled as a Delaware corporation in2006.Our principal executive headquarters is located in Jersey City, New Jersey, and our principal operating headquarters islocated in Richmond, Virginia. We haveadditional offices in North America, Europe, Asia, Australia and the Middle East.AvePoint generates revenue by providing customers a cloud-native data management software platform (the “AvePoint 2.Summary of Significant Accounting Policies Basis of PresentationThe accompanying unaudited condensed consolidated balance sheet as ofDecember 31, 2024,which has been derivedfrom audited financial statements, and the unaudited interim condensed consolidated financial statements have been preparedpursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”)for interim financial informationand include the accounts of the Company and entities consolidated under the variable interest and voting models. All intercompany In the opinion of management, these financial statements contain all material adjustments, consisting of normal recurringaccruals,