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AvePoint Inc

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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About this filing

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$16.89+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows

(In thousands)

For the Year Ended
December 31,
202420232022
Operating activities
Net loss$(29,142)$(21,501)$(38,688)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization5,3824,6873,494
Operating lease right-of-use assets expense6,2706,2345,945
Foreign currency remeasurement loss866—835
Stock-based compensation39,05936,04837,218
Deferred income taxes498(864)3,701
Other(67)1,068(607)
Change in value of earn-out and warrant liabilities37,27611,454(4,402)
Changes in operating assets and liabilities:
Accounts receivable(4,898)(19,448)(14,388)
Prepaid expenses and other current assets(3,350)(2,773)(2,108)
Deferred contract costs and other assets(8,482)(7,687)(9,596)
Accounts payable, accrued expenses and other current liabilities, operating lease liabilities and other liabilities16,046609(2,553)
Deferred revenue29,43626,86720,375
Net cash provided by (used in) operating activities88,89434,694(774)
Investing activities
Maturities of investments5,3532,620183,554
Purchases of investments(1,819)(3,497)(180,969)
Cash paid in business combinations and asset acquisitions, net of cash acquired——(18,572)
Capitalization of internal-use software(1,211)(1,434)(1,612)
Purchase of property and equipment(3,044)(2,087)(3,853)
Issuance of notes receivables(1,750)(1,250)—
Other investing activities(130)——
Net cash used in investing activities(2,601)(5,648)(21,452)
Financing activities
Purchase of common stock(33,053)(39,036)(19,927)
Proceeds from warrant exercises17,182——
Proceeds from stock option exercises11,0335,5692,818
Redemption of redeemable noncontrolling interest(6,130)——
Purchase of public warrants(3,991)——
Company earn-out shares settled in cash(572)——
Repayments of finance leases(6)(64)(39)
Payments of debt issuance costs—(136)—
Net cash used in financing activities(15,537)(33,667)(17,148)
Effect of exchange rates on cash(3,183)595(1,655)
Net increase (decrease) in cash and cash equivalents67,573(4,026)(41,029)
Cash and cash equivalents at beginning of period223,162227,188268,217
Cash and cash equivalents at end of period$290,735$223,162$227,188
Supplemental disclosures of cash flow information
Income taxes paid$6,882$6,112$3,320
Contingent considerations in business combination$—$—$5,635
Common stock issued in business combination$—$—$1,517
Loan to certain acquiree shareholders$—$—$235
Company earn-out shares issuance$53,871$—$—
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.