Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 200

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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, primarily for computer equipment.

During the nine months ended October 31, 2025, net cash used in investing activities was $19.3 million, principally resulting from capital expenditures, the majority of which consisted of $10.7 million of capitalized internal-use 

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software costs, as well as $8.5 million of purchases of property and equipment, principally for software and computer equipment.

During the nine months ended October 31, 2024, net cash used in investing activities was $17.0 million, principally resulting from capital expenditures, the majority of which consisted of $11.1 million of capitalized internal-use software costs, as well as $5.9 million of purchases of property and equipment, principally for software and computer equipment.

Financing activities

During the three months ended October 31, 2025, net cash used in financing activities was $0.7 million, primarily consisting of $2.1 million used for principal payments on finance leases and financing arrangements, partially offset by $1.5 million in proceeds from our equity compensation plans.

During the three months ended October 31, 2024, net cash used in financing activities was $1.7 million, primarily consisting of $2.2 million used for principal payments on finance leases and financing arrangements and $0.3 million used for principal payments on acquisition-related liabilities, partially offset by $0.9 million in proceeds from our equity compensation plans. 

During the nine months ended October 31, 2025, net cash used in financing activities was $3.7 million, primarily consisting of $6.7 million used for principal payments on finance leases and financing arrangements, partially offset by $3.1 million in proceeds from our equity compensation plans.

During the nine months ended October 31, 2024, net cash used in financing activities was $4.9 million, primarily consisting of $6.1 million used for principal payments on finance leases and financing arrangements and $1.7 million used for principal payments on acquisition-related liabilities, partially offset by $3.0 million in proceeds from our equity compensation plans.

Material cash requirements

Our material cash requirements relate to human capital, contractual purchase commitments, leases and financing arrangements, the AccessOne Acquisition and the Bridge Loan.

During the nine months ended October 31, 2025, we entered into a new non-cancelable purchase commitment to support our technology infrastructure. Total undiscounted payments through July 31, 2027 are $12,242.

During the nine