2024 Q1 Form 10-K Financial Statement

#000143774924006145 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $74.53M $74.62M $271.8M
YoY Change 25.12% 17.32% 16.99%
Cost Of Revenue $20.44M $19.62M $77.46M
YoY Change 14.26% 7.57% 18.94%
Gross Profit $54.09M $55.01M $194.4M
YoY Change 29.77% 21.24% 16.24%
Gross Profit Margin 72.57% 73.71% 71.5%
Selling, General & Admin $46.81M $44.72M $173.4M
YoY Change 12.79% -0.67% -0.75%
% of Gross Profit 86.53% 81.3% 89.2%
Research & Development $10.49M $9.409M $36.34M
YoY Change 16.32% 29.39% 19.07%
% of Gross Profit 19.39% 17.11% 18.7%
Depreciation & Amortization $1.295M $1.248M $2.600M
YoY Change 14.2% 0.73% -25.59%
% of Gross Profit 2.39% 2.27% 1.34%
Operating Expenses $57.29M $54.13M $209.7M
YoY Change 13.42% 1.33% 0.69%
Operating Profit -$3.201M $878.0K -$15.35M
YoY Change -63.76% -110.91% -62.62%
Interest Expense -$534.0K -$843.0K
YoY Change -264.31% 836.67%
% of Operating Profit -96.01%
Other Income/Expense, Net $3.404M -$844.0K -$3.263M
YoY Change 141.08% -159.02% -143.76%
Pretax Income $203.0K -$809.0K -$18.61M
YoY Change -102.82% -87.94% -44.68%
Income Tax $2.157M -$5.245M $2.887M
% Of Pretax Income 1062.56%
Net Earnings -$1.954M $4.269M -$21.73M
YoY Change -78.75% -133.56% -47.81%
Net Earnings / Revenue -2.62% 5.72% -7.99%
Basic Earnings Per Share -$0.01 -$0.12
Diluted Earnings Per Share -$0.01 $0.02 -$0.12
COMMON SHARES
Basic Shares Outstanding 184.0M 183.7M 182.3M
Diluted Shares Outstanding 181.5M 182.3M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $219.3M $226.9M $226.9M
YoY Change -5.36% -1.27% -1.27%
Cash & Equivalents $215.5M $223.2M $223.2M
Short-Term Investments $3.795M $3.721M $3.721M
Other Short-Term Assets $11.04M $12.82M $12.82M
YoY Change 71.04% 28.07% 28.07%
Inventory
Prepaid Expenses $6.000M $7.600M
Receivables $73.40M $85.88M $85.88M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $303.7M $325.6M $325.6M
YoY Change 3.03% 6.3% 6.3%
LONG-TERM ASSETS
Property, Plant & Equipment $4.906M $5.118M $19.03M
YoY Change -5.22% -76.08% -11.06%
Goodwill $18.69M $19.16M
YoY Change -0.95% 1.33%
Intangibles $10.17M $10.55M
YoY Change -6.3% -4.81%
Long-Term Investments
YoY Change
Other Assets $10.85M $13.60M $68.27M
YoY Change 53.83% -76.5% 17.99%
Total Long-Term Assets $110.1M $117.0M $117.0M
YoY Change 3.16% 7.1% 7.1%
TOTAL ASSETS
Total Short-Term Assets $303.7M $325.6M $325.6M
Total Long-Term Assets $110.1M $117.0M $117.0M
Total Assets $413.8M $442.6M $442.6M
YoY Change 3.07% 6.51% 6.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.347M $1.384M $1.384M
YoY Change 406.34% -8.89% -8.89%
Accrued Expenses $40.92M $47.17M $47.17M
YoY Change 16.72% -1.28% -1.28%
Deferred Revenue $115.2M $121.5M
YoY Change 25.93% 30.09%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $163.5M $176.7M $176.7M
YoY Change 27.72% 23.79% 23.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.976M $5.603M $41.07M
YoY Change -14.78% -81.12% 38.43%
Total Long-Term Liabilities $4.976M $5.603M $41.07M
YoY Change -14.78% -81.12% 38.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.5M $176.7M $176.7M
Total Long-Term Liabilities $4.976M $5.603M $41.07M
Total Liabilities $201.1M $217.7M $232.0M
YoY Change 25.5% 16.82% 24.46%
SHAREHOLDERS EQUITY
Retained Earnings -$469.5M -$460.5M
YoY Change 10.18% 10.45%
Common Stock $19.00K $18.00K
YoY Change 0.0% -5.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change -100.0%
Treasury Stock Shares
Shareholders Equity $212.7M $218.8M $210.6M
YoY Change
Total Liabilities & Shareholders Equity $413.8M $442.6M $442.6M
YoY Change 3.07% 6.51% 6.51%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$1.954M $4.269M -$21.73M
YoY Change -78.75% -133.56% -47.81%
Depreciation, Depletion And Amortization $1.295M $1.248M $2.600M
YoY Change 14.2% 0.73% -25.59%
Cash From Operating Activities $7.756M $21.41M $34.69M
YoY Change 520.48% 249.89% -4582.43%
INVESTING ACTIVITIES
Capital Expenditures $502.0K $609.0K $2.087M
YoY Change 123.11% 40.65% -45.83%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$1.040M -$815.0K -$3.561M
YoY Change -516.0% -159.71% -83.4%
Cash From Investing Activities -$1.542M -$1.424M -$5.648M
YoY Change -278.89% -204.32% -73.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $39.04M
YoY Change -328.16%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$12.96M -3.858M -$33.67M
YoY Change 1778.41% -730.39% 96.33%
NET CHANGE
Cash From Operating Activities $7.756M 21.41M $34.69M
Cash From Investing Activities -$1.542M -1.424M -$5.648M
Cash From Financing Activities -$12.96M -3.858M -$33.67M
Net Change In Cash -$7.673M 16.13M -$4.026M
YoY Change -568.15% 99.21% -89.77%
FREE CASH FLOW
Cash From Operating Activities $7.756M $21.41M $34.69M
Capital Expenditures $502.0K $609.0K $2.087M
Free Cash Flow $7.254M $20.80M $32.61M
YoY Change 607.71% 265.83% -804.71%

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CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
182257000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
181957000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141596000
CY2023 us-gaap Profit Loss
ProfitLoss
-21501000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-38688000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-33245000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
100000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1104000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-250000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
463000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1204000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-250000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
463000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-20297000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-38938000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-32782000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
238000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3003000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1911000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20535000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41941000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-34693000 usd
CY2023 us-gaap Temporary Equity Accretion Of Interest
TemporaryEquityAccretionOfInterest
212000 usd
CY2023 avpt Redeemable Noncontrolling Interest Reclassification
RedeemableNoncontrollingInterestReclassification
8148000 usd
CY2023 avpt Reclassifications Of Earn Out Rs Us To Earn Out Shares
ReclassificationsOfEarnOutRSUsToEarnOutShares
567000 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
39063000 usd
CY2023 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
-0 usd
CY2023 avpt Net Income Loss Before Amount Attributable To Mezzanine Equity
NetIncomeLossBeforeAmountAttributableToMezzanineEquity
-21463000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
100000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1099000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
218806000 usd
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1517000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
37210000 usd
CY2022 avpt Issuance Of Redeemable Noncontrolling Interest Stockholders Equity Impact
IssuanceOfRedeemableNoncontrollingInterestStockholdersEquityImpact
0 usd
CY2022 avpt Reclassifications Of Earn Out Rs Us To Earn Out Shares
ReclassificationsOfEarnOutRSUsToEarnOutShares
885000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19927000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-38688000 usd
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2942000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-311000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
229147000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-192827000 usd
CY2021 avpt Reclassification Of Shared Based Awards To Temporary Equity
ReclassificationOfSharedBasedAwardsToTemporaryEquity
-206000 usd
CY2021 avpt Remeasurement Of Redemption Value Of Common Shares
RemeasurementOfRedemptionValueOfCommonShares
-7361000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
8242000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
46475000 usd
CY2021 avpt Remeasurement Of Redemption Value Of Convertible Preferred Stock
RemeasurementOfRedemptionValueOfConvertiblePreferredStock
-32928000 usd
CY2021 avpt Issuance Of Redeemable Noncontrolling Interest Stockholders Equity Impact
IssuanceOfRedeemableNoncontrollingInterestStockholdersEquityImpact
515000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
85393000 usd
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
299739000 usd
CY2021 avpt Reclassifications Of Earn Out Rs Us To Earn Out Shares
ReclassificationsOfEarnOutRSUsToEarnOutShares
714000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1739000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-33245000 usd
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1974000 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
526000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
250355000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-21501000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-38688000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-33245000 usd
CY2023 avpt Depreciation Depletion And Amortization Including Amortization Of Intangible Assets
DepreciationDepletionAndAmortizationIncludingAmortizationOfIntangibleAssets
4687000 usd
CY2022 avpt Depreciation Depletion And Amortization Including Amortization Of Intangible Assets
DepreciationDepletionAndAmortizationIncludingAmortizationOfIntangibleAssets
3494000 usd
CY2021 avpt Depreciation Depletion And Amortization Including Amortization Of Intangible Assets
DepreciationDepletionAndAmortizationIncludingAmortizationOfIntangibleAssets
1238000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6234000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5945000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 usd
CY2023 avpt Foreign Currency Remeasurement Gain Loss
ForeignCurrencyRemeasurementGainLoss
-0 usd
CY2022 avpt Foreign Currency Remeasurement Gain Loss
ForeignCurrencyRemeasurementGainLoss
-835000 usd
CY2021 avpt Foreign Currency Remeasurement Gain Loss
ForeignCurrencyRemeasurementGainLoss
-1308000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
36048000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
37218000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
59508000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-864000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3701000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-175000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1068000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
607000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
755000 usd
CY2023 avpt Gain Loss On Change In Contingent Liability And Warrants Excluding General And Administrative Expense
GainLossOnChangeInContingentLiabilityAndWarrantsExcludingGeneralAndAdministrativeExpense
-11454000 usd
CY2022 avpt Gain Loss On Change In Contingent Liability And Warrants Excluding General And Administrative Expense
GainLossOnChangeInContingentLiabilityAndWarrantsExcludingGeneralAndAdministrativeExpense
4402000 usd
CY2021 avpt Gain Loss On Change In Contingent Liability And Warrants Excluding General And Administrative Expense
GainLossOnChangeInContingentLiabilityAndWarrantsExcludingGeneralAndAdministrativeExpense
21233000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19448000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14388000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8243000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2773000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2108000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5914000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7687000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9596000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8890000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
609000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2553000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10626000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26867000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
20375000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
10805000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34694000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-774000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5030000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
2620000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
183554000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
3497000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
180969000 usd
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
916000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18572000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-0 usd
CY2023 us-gaap Payments For Software
PaymentsForSoftware
1434000 usd
CY2022 us-gaap Payments For Software
PaymentsForSoftware
1612000 usd
CY2021 us-gaap Payments For Software
PaymentsForSoftware
-0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2087000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3853000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2461000 usd
CY2023 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
1250000 usd
CY2022 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
-0 usd
CY2021 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
-0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5648000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21452000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3377000 usd
CY2023 avpt Proceeds From Recapitalization Gross
ProceedsFromRecapitalizationGross
0 usd
CY2022 avpt Proceeds From Recapitalization Gross
ProceedsFromRecapitalizationGross
0 usd
CY2021 avpt Proceeds From Recapitalization Gross
ProceedsFromRecapitalizationGross
441573000 usd
CY2023 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
-0 usd
CY2022 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
-0 usd
CY2021 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
130925000 usd
CY2023 avpt Payments For Redemption Of Legacy Common Stock
PaymentsForRedemptionOfLegacyCommonStock
-0 usd
CY2022 avpt Payments For Redemption Of Legacy Common Stock
PaymentsForRedemptionOfLegacyCommonStock
-0 usd
CY2021 avpt Payments For Redemption Of Legacy Common Stock
PaymentsForRedemptionOfLegacyCommonStock
106169000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
39036000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19927000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1628000 usd
CY2023 avpt Payment Of Net Cash Settlement For Directive Outstanding Options
PaymentOfNetCashSettlementForDirectiveOutstandingOptions
-0 usd
CY2022 avpt Payment Of Net Cash Settlement For Directive Outstanding Options
PaymentOfNetCashSettlementForDirectiveOutstandingOptions
-0 usd
CY2021 avpt Payment Of Net Cash Settlement For Directive Outstanding Options
PaymentOfNetCashSettlementForDirectiveOutstandingOptions
7530000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5569000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2818000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5566000 usd
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
753000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
64000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
39000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
25000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
136000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
CY2023 avpt Payments For Transaction Fees Business Acquisition
PaymentsForTransactionFeesBusinessAcquisition
-0 usd
CY2022 avpt Payments For Transaction Fees Business Acquisition
PaymentsForTransactionFeesBusinessAcquisition
-0 usd
CY2021 avpt Payments For Transaction Fees Business Acquisition
PaymentsForTransactionFeesBusinessAcquisition
2998000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-33667000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17148000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
198617000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
595000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1655000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1165000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4026000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-41029000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
199105000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
227188000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
268217000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
69112000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
223162000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
227188000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
268217000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
6112000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3320000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
4037000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
5635000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2023 us-gaap Stock Issued1
StockIssued1
0 usd
CY2022 us-gaap Stock Issued1
StockIssued1
1517000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
0 usd
CY2023 us-gaap Loans Assumed1
LoansAssumed1
0 usd
CY2022 us-gaap Loans Assumed1
LoansAssumed1
235000 usd
CY2021 us-gaap Loans Assumed1
LoansAssumed1
0 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><em style="font: inherit;">1.</em> Nature of Business and Organization </b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;">AvePoint, Inc., incorporated as a New Jersey corporation on <em style="font: inherit;"> July 24, 2001 (“</em><b><i>Legacy AvePoint</i></b>”), was redomiciled as a Delaware corporation in <em style="font: inherit;">2006,</em> and changed its name to “AvePoint Operations, Inc.” in <em style="font: inherit;"> June 2021. </em>On <em style="font: inherit;"> July 1, 2021, </em>Legacy AvePoint and certain members of Apex Technology Acquisition Corporation (“<b><i>Apex</i></b>”) consummated the transactions contemplated by a business combination agreement (the “<b><i>Apex Business Combination</i></b>”) and a number of qualified institutional buyers and accredited investors consummated their respective purchases of shares as contemplated by related subscription agreements, with Apex being renamed “AvePoint, Inc.” On <em style="font: inherit;"> July 2, 2021, </em>shares of common stock were officially listed under the ticker “AVPT” on the Nasdaq Global Select Market. Subsequent to the consummation of the Apex Business Combination, on <em style="font: inherit;"> July 26, 2021, </em>Legacy AvePoint’s successor by merger AvePoint US LLC merged with and into AvePoint, Inc. with AvePoint, Inc. (hereinafter referred to as “<i><b>AvePoint</b></i>”, the “<i><b>Company</b></i>”, “<i><b>we</b></i>”, “<i><b>us</b></i>”, or “<i><b>our</b></i>”) surviving.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify; text-indent: 36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify; text-indent: 36pt;">Our principal corporate headquarters are located in Jersey City, New Jersey, and our principal operating headquarters are located in Richmond, Virginia. We have additional offices across North America, Europe, Asia, Australia and the Middle East.</p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify; text-indent: 36pt;">AvePoint generates revenue by providing a cloud-native data management software platform that organizations rely on to manage and protect critical data, optimize IT operations, achieve meaningful cost savings, and efficiently secure the digital workplace; as well as providing customized business solutions, technical support, and services.</p>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><span style="text-decoration: underline; "><i><b>Comparative Data</b></i></span></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="color:#000000;">Certain amounts from prior periods that were presented separately have now been grouped to conform to the current period presentation, including:</span></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"> </p> <table cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; margin-right: 0pt;"><tbody><tr><td style="width: 3%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: justify;"> </td><td style="width: 2%; vertical-align: middle; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">■</td><td style="width: 95%; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">The reclassification of perpetual license revenue to be included in maintenance revenue on the consolidated statements of operations for the years ended <em style="font: inherit;"> December 31, 2022 </em>and <em style="font: inherit;">2021.</em></td></tr> <tr style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><td style="width: 3%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: justify;"> </td><td style="width: 2%; vertical-align: middle; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">■</td><td style="width: 95%; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="color:#000000;">The reclassification of gain (loss) on earn-out and warrant liabilities to be included in other (expense) income, net on the consolidated statements of operations for the years ended <em style="font: inherit;"> December 31, 2022 </em>and <em style="font: inherit;">2021.</em></span></td></tr> <tr><td style="width: 3%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: justify;"> </td><td style="width: 2%; vertical-align: middle; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">■</td><td style="width: 95%; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="color:#000000;">The reclassification of interest income (expense), net to be included in other (expense) income, net on the consolidated statements of operations for the years ended <em style="font: inherit;"> December 31, 2022 </em>and <em style="font: inherit;">2021.</em></span></td></tr> <tr><td style="width: 3%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: justify;"> </td><td style="width: 2%; vertical-align: middle; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">■</td><td style="width: 95%; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style="font-size:12pt"> <div style="text-justify:inter-ideograph"> <div style="font-family:&quot;Times New Roman&quot;,serif"> <div style="font-size:10.0pt"> <div style="color:black"> <span style="color:#000000;">The reclassification of depreciation and amortization to be included in cost of revenue, sales and marketing, general and administrative and research and development on the consolidated statements of operations for the years ended <em style="font: inherit;"> December 31, 2022 </em>and <em style="font: inherit;">2021.</em></span></div></div></div></div></div></td></tr> </tbody></table>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"><span style="text-decoration: underline; "><i><b>Use of Estimates </b></i></span></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="color:#000000;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in our 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 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 <em style="font: inherit;">not</em> limited to, the accounting for determination of standalone selling price for revenue recognition, allowance for doubtful accounts, deferred contract costs, 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 <em style="font: inherit;"> may </em>differ from management’s estimates and assumptions due to risks and uncertainties.</span></p>
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CY2022 avpt Effective Income Tax Rate Reconciliation Returntoprovision Adjustments Amount
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CY2021 avpt Effective Income Tax Rate Reconciliation Returntoprovision Adjustments Amount
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29000 usd
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CY2023 us-gaap Income Tax Reconciliation Other Adjustments
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42000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2021 us-gaap Income Tax Reconciliation Other Adjustments
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
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DeferredTaxAssetsDeferredIncome
4301000 usd
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DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
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DeferredTaxAssetsCapitalizedResearchAndDevelopment
11086000 usd
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DeferredTaxAssetsCapitalizedResearchAndDevelopment
6169000 usd
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DeferredTaxAssetsLeaseLiability
2518000 usd
CY2022Q4 avpt Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
3622000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Contingencies
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
305000 usd
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
93000 usd
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CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
457000 usd
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DeferredTaxAssetsGross
39218000 usd
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DeferredTaxAssetsGross
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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22469000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2023Q4 us-gaap Deferred Tax Assets Net
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DeferredTaxLiabilitiesPropertyPlantAndEquipment
178000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
197000 usd
CY2023Q4 avpt Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
2395000 usd
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2595000 usd
CY2023Q4 avpt Deferred Tax Liabilities Commissions
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CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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1569000 usd
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DeferredTaxLiabilitiesUnbilledReceivable
435000 usd
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DeferredTaxLiabilitiesUnbilledReceivable
1489000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
2290000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
3402000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
18410000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
16903000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1661000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2457000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1661000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2457000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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22500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20800000 usd
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141000 usd
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1088000 usd
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
12000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4281000 usd
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CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
134000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
141000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1088000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000 usd
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6978000 usd
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5945000 usd
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777000 usd
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ShortTermLeaseCost
1760000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
477000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
261000 usd
CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
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4300000 usd
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7190000 usd
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5626000 usd
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P3Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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OperatingLeaseWeightedAverageDiscountRatePercent
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5998000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4073000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2513000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1721000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
789000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1212000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16306000 usd
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1586000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
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5300000 usd
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CY2021 us-gaap Operating Lease Expense
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6400000 usd
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5680000 usd
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OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3808000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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2428000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1840000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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1438000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2960000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
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18154000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
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2213000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
74263000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
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0 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
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CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
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CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
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CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
29600000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
18300000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6600000 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
11100000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
4300000 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
20300000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
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CY2022Q4 avpt Common Stock Shares Issued Including Treasury Shares
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CY2023 us-gaap Stock Repurchased During Period Shares
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CY2023 us-gaap Treasury Stock Shares Retired
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CY2023 avpt Increase Decrease In Common Stock Value
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CY2023 avpt Increase Decrease In Additional Paid In Capital
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CY2023 avpt Increase Decrease In Retained Earnings Accumulated Deficit
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CY2023Q4 us-gaap Stock Repurchase Program Authorized Amount1
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CY2023 us-gaap Treasury Stock Shares Acquired
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CY2022 us-gaap Treasury Stock Shares Acquired
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CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
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CY2021Q3 avpt Number Of Shares Subject To Vesting Provision
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CY2023 avpt Number Of Shares Subject To Vesting Provision
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CY2021Q1 avpt Redeemable Noncontrolling Interest Increase From Contribution By Noncontrolling Interest
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CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2.49
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6600000 usd
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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40000000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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2.71
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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4.05
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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1125374
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
260276
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
7.03
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27192185
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.25
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y10M28D
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27192185
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
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P5Y10M28D
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
4.25
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
21238439
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
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CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
3.65
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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15700000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27192185
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
21238439
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
115500000 usd
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
101200000 usd
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2840716
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11800000 usd
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2019Q4 avpt Put Option Redemption Share
PutOptionRedemptionShare
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CY2019Q4 avpt Put Option Underlying Option
PutOptionUnderlyingOption
5148777
CY2021Q3 avpt Liability Balance Related To Common Stock
LiabilityBalanceRelatedToCommonStock
49700000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
18879000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
188769000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
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6858000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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171815000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
171841000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
26000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
-0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
271825000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
232339000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
191909000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5118000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5537000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-68147000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
182257000
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-11454000 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
4497000 usd
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
21233000 usd
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
26000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-40000 usd
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
102000 usd
CY2023 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
8895000 usd
CY2022 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
2811000 usd
CY2021 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
16000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-778000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
112000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-877000 usd
CY2023 us-gaap Other Income
OtherIncome
48000 usd
CY2022 us-gaap Other Income
OtherIncome
36000 usd
CY2021 us-gaap Other Income
OtherIncome
229000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3263000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7416000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
20703000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-21501000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-38688000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-33245000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
224000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2942000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1974000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-21725000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-41630000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35219000 usd
CY2023 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
-0 usd
CY2022 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
-0 usd
CY2021 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
32928000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21725000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-41630000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
181957000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141596000
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
182257000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
181957000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141596000
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
58800000
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
58566000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56552000

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