AvePoint, Inc. 10-K

ITEM 2. PROPERTIES   We and our subsidiaries are obligated under various non-cancelable operating leases for office space. The initial terms of the leases expire on various dates through 2030. As of December 31, 2021, we had approximately 259,000 square feet of leased office space across the United States, Australia, China, France, Germany, Japan, Netherlands, the Philippines, Singapore, South Africa, Sweden, Switzerland, the United Kingdom, and Vietnam.   Our Principal Offices   Our principal corporate headquarters and executive offices are located in Jersey City, New Jersey, United States, and consist of approximately 15,467 square feet under a lease that expires in 2030. Our principal operating offices are located in Richmond, Virginia, United States, where we lease approximately 11,965 square feet under a lease that expires in 2027.   Use of Facilities   We use our principal corporate headquarters primarily for our executive management, human resources, and marketing, as well as for certain of data privacy and security teams. We use our Richmond, Virginia, United States office as our principal operating headquarters out of which our finance, accounting, legal, general administration, information technology, data privacy and security, and sales teams operate. Our other facilities across the globe are used for some or all of the aforementioned operating purposes, as well as for research and development, customer support, data storage, accounts receivable and payable, and other administrative and operational purposes in the localities and surrounding jurisdictions in which such office facilities are located.   Additional Space   We intend to procure additional space as we add employees and expand geographically. We believe that our current facilities are adequate to meet our needs for the immediate future and that suitable additional space will be available to accommodate any expansion of our operations as needed.