AvePoint Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
AVPT$16.81+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except par value)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $290,735 | $223,162 |
| Short-term investments | 167 | 3,721 |
| Accounts receivable, net | 87,365 | 85,877 |
| Prepaid expenses and other current assets | 16,528 | 12,824 |
| Total current assets | 394,795 | 325,584 |
| Property and equipment, net | 5,289 | 5,118 |
| Goodwill | 17,715 | 19,156 |
| Intangible assets, net | 8,889 | 10,546 |
| Operating lease right-of-use assets | 15,954 | 13,908 |
| Deferred contract costs | 59,838 | 54,675 |
| Other assets | 16,575 | 13,595 |
| Total assets | $519,055 | $442,582 |
| Liabilities, mezzanine equity, and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $2,352 | $1,384 |
| Accrued expenses and other current liabilities | 76,135 | 53,766 |
| Current portion of deferred revenue | 144,468 | 121,515 |
| Total current liabilities | 222,955 | 176,665 |
| Long-term operating lease liabilities | 9,909 | 9,383 |
| Long-term portion of deferred revenue | 8,840 | 7,741 |
| Earn-out shares liabilities | — | 18,346 |
| Other liabilities | 6,403 | 5,603 |
| Total liabilities | 248,107 | 217,738 |
| Commitments and contingencies (Note 12) | ||
| Mezzanine equity | ||
| Redeemable noncontrolling interest | — | 6,038 |
| Total mezzanine equity | — | 6,038 |
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 1,000,000 shares authorized, 194,071 and 184,652 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 19 | 18 |
| Additional paid-in capital | 779,007 | 667,881 |
| Accumulated other comprehensive income | 576 | 3,196 |
| Accumulated deficit | (510,448) | (460,496) |
| Noncontrolling interest | 1,794 | 8,207 |
| Total stockholders’ equity | 270,948 | 218,806 |
| Total liabilities, mezzanine equity, and stockholders’ equity | $519,055 | $442,582 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.