AvePoint, Inc. (AVPT) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	10-K	10-K
Revenue:
Revenue	232.3	191.9	151.5	116.1
Revenue growth	21.1%	26.6%	30.5%
Cost of revenue:
Cost of revenue	65.1	52.7	40.3	36.4
Gross profit	167.2	139.2	111.2	79.7
Gross margin	72.0%	72.6%	73.4%	68.6%

Operating expenses:
Sales and marketing	109.8	100.5	76.5	61.9
General and administrative	64.9	59.2	36.9	24.6
Research and development	30.5	31.8	12.2	11.1
Total operating expenses	208.3	192.7	126.7	98.7
Loss from operations	-41.1	-53.5	-15.4	-19.0
Operating margin	-17.7%	-27.9%	-10.2%	-16.4%
Interest income, net	0.0	0.1	0.0	0.1
Other income (expense), net	3.0	-0.6	-0.5	-0.6
Loss before income taxes	-33.7	-32.8	-15.9	-19.6
Income tax expense (benefit)	5.0	0.5	1.1	0.6
Net loss	-38.7	-33.2	-17.0	-20.2

Net income attributable to and accretion of redeemable noncontrolling interest
Net loss attributable to AvePoint, Inc.	-41.6	-35.2	-17.0	-20.2
Net loss available to common shareholders	-41.6	-68.1	-51.4	-127.6

Basic and diluted loss per share (in dollars per share)	($0.23)	($0.48)	($0.57)	($1.72)

Basic and diluted shares used in computing loss per share (in shares)	182.0	141.6	89.6	74.0