“Right now, we're guiding to the low 90s in terms of non-GAAP operating income. I would expect us to be generating free cash flow north of $100 million for the year.”

In context

“well. That's first and foremost. Then second, if you think of Q1 of '25, we called out that we had some special onetime payments, really tax-related payments in Q1 of '25 of about $7 million. Again, we didn't have those same payments in '26. We see some nice benefit from that. Then the third thing I would call out is that in '26, we received some customer payments in Q1 that in prior years would have been received in Q4. That was probably about $6 million. Again, taken all together, the biggest factor is the performance of the business has accelerated. We feel really good about the cash flow generation. When we think about the full-year, I think we're going to be in line with what we've done in the past, which is we're going to exceed our operating income in terms of cash flow generation. Right now, we're guiding to the low 90s in terms of non-GAAP operating income. I would expect us to be generating free cash flow north of $100 million for the year. Again, we don't specifically guide to it, but in terms of -- just in terms of a range and if you're thinking about modeling or anything else, I would say that's the area that I would be shooting. Operator: This does conclude the question-and-answer session. I would like to turn the conference back over to TJ Jiang for any closing comments. Tianyi Jiang: Thank you for joining us today. We're proud of our first quarter results and raised outlook for the year, which reflects the growing demand for secure, automated and AI-ready solutions. The increasing strategic importance of our platform and its enablement of AI-driven transformation for companies of all sizes and industries around the world ensures a durable competitive moat for AvePoint and only strengthens our conviction in the enormous”