Significant Accounting Policies [Text Block] | 2. Basis of Presentation The accompanying unaudited condensed consolidated balance sheet as of December 31, 2021, “ SEC ”) for interim financial information and include the accounts of the Company. Certain information and disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the U.S. ( “ GAAP ” ) have been condensed or omitted. In the opinion of management, these financial statements contain all material adjustments, consisting of normal recurring accruals, necessary to present fairly the financial position, results of operations and cash flows for the periods indicated. Operating results for the three months ended March 31, 2022 are not may December 31, 2022 . These unaudited interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements as of December 31, 2021 and 2020 December 31, 2021, 2020 2019 and the related notes included in our most recent Annual Report on Form 10 , which was filed with the SEC on March 31, 2022. Recently Adopted Accounting Guidance In February 2016, n ancial Account Standard Board (the “ FASB ”) issued Accounting Standards Update ( “ ASU ”) 2016 02, Leases ( “ Accounting Standards Codification ( “ ASC ”) 842 ” ) and subsequently issued amendments to the initial guidance: ASU 2017 13, 2018 10, 2018 11, 2018 20, 2019 01, 2019 10, 2020 02, 2020 05 2021 05 842 842 January 1, 2022 not 842 The Company elected the package of practical expedients permitted under the transition guidance within the new standard, which allowed the Company to carry forward its historical assessments of whether a contract contains a lease, lease classification and initial direct costs. The Company elected not 842: not 840 840 12 The adoption of the new standard resulted in the recognition of ROU assets of $13.9 million, net of previously recognized deferred rent balance of $0.6 million and total lease liabilities of $14.5 million, including a current liability of $3.6 million, and corresponding deferred tax assets and liabilities, on the Company's condensed consolidated balance sheet as of January 1, 2022. no In October 2021, No. 2021 08, Business Combinations 805” 606. December 15, 2022, not January 1, 2022. not Comparative Data Certain amounts from prior periods which have been presented separately have been grouped to conform to the current period presentation, including: • The reclassification of long-term unbilled receivables to be included in other assets on the condensed consolidated balance sheets as of December 31, 2021; and • The reclassification of accrued rent obligation to be included in accounts payable, accrued expenses and other liabilities on the condensed consolidated statements of cash flows for the three March 31, 2021. Business Combination When we consummate an acquisition, the assets acquired, and the liabilities assumed are recognized separately from goodwill at their acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of the fair value of consideration transferred over the acquisition date fair value of the net identifiable assets acquired. While best estimates and assumptions are used to accurately value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may one Goodwill and Other Intangible Assets Goodwill represents the excess of the fair value of consideration transferred over the fair value of net identifiable assets acquired. Other intangible assets consist of order backlog, customer relationship and acquired software and technology. Intangible assets that are not one ten three March 31, 2022 We will test goodwill for impairment at least annually by performing a quantitative assessment of whether the fair value of each reporting unit or asset exceeds its carrying amount. We have one reporting unit. Goodwill is tested at this reporting unit level. This requires us to assess and make judgments regarding a variety of factors which impact the fair value of the reporting unit or asset being tested, including business plans, anticipated future cash flows, economic projections and other market data. No three March 31, 2022, not Our intangible assets are subject to amortization and are amortized using the straight-line method over their estimated period of benefit, ranging from one may may Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and accompanying notes. We base our estimates and assumptions on historical experience and on various other assumptions that we believe are reasonable under the circumstances. The amounts of assets and liabilities reported in our condensed consolidated balance sheets and the amounts of revenue and expenses reported for each of its periods presented are affected by estimates and assumptions, which are used for, but not valuation of goodwill and other intangible assets, income taxes and related reserves, stock-based compensation, purchase price in a business combination, and earn-out liabilities. Actual results and outcomes may 19. Foreign Currency The Company has foreign operations where the functional currency has been determined to be the local currency, in accordance with FASB ASC 830, Foreign Currency Matters ( “ASC 830 ”) . Adjustments resulting from translating such foreign functional currency assets and liabilities into U.S. dollars, based on current exchange rates, are recorded as a separate component of stockholders’ equity (deficiency) under the caption, accumulated other comprehensive income. Revenue and expenses are translated using average rates prevailing during the period. Transaction gains and losses arising from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in other income (expense), net in the Company’s condensed consolidated statements of operations. Transaction gains (losses) totaled million and million for the three months ended March 31, 2022 and 2021 . Cash and Cash Equivalents The Company maintains cash with several high credit-quality financial institutions. The Company considers all investments available with original maturities of three not not March 31, 2022 and December 31, 2021 , the Company’s cash balances at these entities were million and million, respectively. For purposes of the condensed consolidated statements of cash flows, cash includes all amounts in the condensed consolidated balance sheets captioned cash and cash equivalents. Short-Term Investments Short-term investments consist mainly U.S. treasury bills and certificate of deposits held by financial institutions which have an initial maturity of greater than three one Based on our intentions regarding these investments, we classify substantially all of our investments as available-for-sale. We carry these securities at fair value, and report the unrealized gains and losses, net of taxes, as a component of stockholders ’ equity, except for any unrealized losses determined to be related to credit losses, which we record within non-operating income, net in the accompanying consolidated statements of operations. Substantially all of our investments are classified as current based on the nature of the investments and their availability for use in current operations. Allowance for Doubtful Accounts The Company evaluates the collectability of its accounts receivable based on a combination of factors. Where we are aware of circumstances that may Deferred Contract Costs We defer sales commissions earned by its sales force that are considered to be incremental and recoverable costs of obtaining SaaS, term license and support, service, perpetual license and maintenance contracts. We have structured commissions plans such that the commission rate paid on renewal contracts are less than those paid on the initial contract; therefore, it is determined that the renewal commissions are not Amortization of deferred contract costs of million and million for the three months ended March 31, 2022 , and 2021 , is included as a component of sales and marketing expenses in our consolidated statements of operations. Deferred contract costs recognized as a contract asset on our balance sheet was million and million at March 31, 2022 and December 31, 2021 , respectively. Revenue Recognition The Company derives revenue from four For the Three Months Ended March 31, 2022 2021 Revenue: SaaS $ 26,553 $ 18,259 Term license and support 10,202 8,727 Services 8,925 5,916 Maintenance 4,441 5,409 Perpetual license 170 489 Total revenue $ 50,291 $ 38,800 Term license and perpetual license revenue recognized at point in time was million and million three months ended March 31, 2022 and 2021 , respectively We use judgement in determining the SSP for products and services. For substantially all performance obligations except term licenses, we are able to establish the SSP based on the observable prices of products or services sold separately in comparable circumstances to similar customers. We typically establish an SSP range for our products and services which is reassessed on a periodic basis or when facts and circumstances change. Term licenses are sold only as a bundled arrangement that includes the rights to a term license and support. In determining the SSP of license and support in a term license arrangement we applied observable inputs using the value relationship between support and term license, the value relationship between support and perpetual licenses, the average economic life of our products, software renewals rates and the price of the bundled arrangement in relation to the perpetual licensing approach. Using a combination of the relative fair value method or the residual value method the SSP of the performance obligations in an arrangement was allocated to each performance obligation within a sales arrangement. Revenue deferred as of March 31, 2022 and December 31, 2021 was million and million, respectively. Revenue recognized that was included in the opening deferred revenue balance was million and million for the three months ended March 31, 2022 and 2021 , respectively. The opening and closing balances of the Company’s accounts receivable, net, deferred revenue and deferred contract costs are as follows: Accounts Deferred receivable, Deferred contract net (1) revenue costs (in thousands) Opening (January 1, 2021) $ 53,749 $ 74,688 $ 31,943 Closing (December 31, 2021) 61,335 82,332 38,926 Increase/(decrease) 7,586 7,644 6,983 Opening (January 1, 2022) $ 61,335 $ 82,332 $ 38,926 Closing (March 31, 2022) 51,897 83,963 39,090 Increase/(decrease) (9,438 ) 1,631 164 ( 1 current unbilled receivables and long-term unbilled receivables. There were no December 31, 2021 and the three months ended March 31, 2022 outside of its sales activities. As of March 31, 2022 , transaction price allocated to remaining performance obligations, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods, was million, of which million is related to SaaS and term license and support revenue. AvePoint expects to recognize approximately of the total transaction price allocated to remaining performance obligations over the next twelve As of December 31, 2021, twelve Stock-Based Compensation Stock-based compensation represents the cost related to stock-based awards granted to employees. To date, we have issued both stock options and restricted stock units (“ RSUs ”). With respect to equity-classified awards, the Company measures stock-based compensation cost at the grant date based on the estimated fair value of the award and recognizes the cost as expense ratably (net of estimated forfeitures) over the requisite service period. With respect to liability-classified awards, the Company measures stock-based compensation cost at the grant date and at each reporting period based on the estimated fair value of the award. Stock-based compensation cost is recognized ratably over the requisite service period, net of actual forfeitures in the period. We estimate the fair value of stock options using a Black-Scholes valuation model. The Black-Scholes model requires highly subjective assumptions in order to derive the inputs necessary to the calculate the fair value of stock options. To estimate the expected term of stock options, the Company considered contractual terms of the options, including the vesting and expiration periods, as well as historical option exercise data and current market conditions to determine an estimated expected term. The Company’s historical experience is too limited to be able to reasonably estimate expected term. Expected volatility is based on historical volatility of a group of peer entities. Dividend yields are based upon historical dividend yields. Risk-free interest rates are based on the implied yields currently available on U.S. Treasury zero Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to difference between financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to be applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. We recognize liabilities for uncertain tax positions taken or expected to be taken in income tax returns. Accrued interest and penalties related to unrecognized tax benefits are recognized as part of the provision for income taxes. Judgment is required in determining the provision for income taxes, deferred tax assets and liabilities and unrecognize tax benefits. In determining the need for a valuation allowance, the historical and projected financial performance of the operation that is recording a net deferred tax asset is considered along with any other pertinent information. We file income tax returns in the U.S. federal, various states and foreign jurisdictions. The tax years 2017 2020 2011 202 1 are open and subject to audit by foreign tax jurisdictions. Redeemable Noncontrolling Interest At March 31, 2022 and December 31, 2021 , 76.09% of AvePoint EduTech Pte. Ltd. (“ EduTech ”). AEPL Pte. Ltd. (“ AEPL ”) As part of AEPL’s investment in EduTech, the Company granted AEPL a put option which allows AEPL to cause the Company to repurchase AEPL’s shares in EduTech at any time between December 24, 2022 December 24, 2023 At March 31, 2022 and December 31, 2021 , 23.91% of EduTech. I-Access Solutions Pte. Ltd. ( “ I-Access ”) On February 18, 2022 ( “ I-Access Closing Date ”), EduTech consummated its acquisition of all of the ordinary shares of I-Access, a Singapore limited company. As a result, I-Access became a wholly-owned subsidiary of EduTech. The acquisition was made pursuant to a share purchase agreement, dated as of January 31, 2022 ( Share Purchase Agreement ”), by and among EduTech and the former I-Access shareholders. At March 31, 2022 former I-Access shareholders owned 2.98% of EduTech. As of the I-Access Closing Date and March 31, 2022, no (“ 3 — ”) for further details. Emerging Growth Company The Company is considered an emerging growth company. Section 102 1 not not not Recent Accounting Pronouncements In August 2020, 2020 06, Debt — Debt with Conversion and Other Options ( “ASC 470 20 ” ) and Derivatives and Hedging — Contracts in Entity’s Own Equity ( “ASC 815 40 ” ) (“ASU 2020 06” 2020 06 December 15, 2023. 2020 06 In December 2019, 2019 12, Income Taxes ( “ASC 740 ”) : Simplifying the Accounting for Income Taxes (ASU 2019 12 740. December 15, 2021. not not 2019 12 In January 2016, 2016 13, Financial Instruments — Credit Losses on Financial Instruments ( “ASC 326 ”) which replaces incurred loss methodology to estimate credit losses on financial instruments with a methodology that reflects expected credit losses. This amendment affects entities holding financial assets that are not 2020 02 December 15, 2022. While the Company generally expects the financial records to be impacted by the requirements highlighted above, the Company cannot reasonably estimate the impact that adoption of the ASUs referenced in this announcement is expected to have on the financial statements at this time. |