Company: PHR
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001412408-25-000010
Chunk: 11

Company: Phreesia, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 11
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bt issuance costs and loan facility fee payments(152)(1,321)(397)Financing payments of acquisition-related liabilities(6,254)(1,333)— Debt extinguishment costs— (758)— Net cash used in financing activities(11,486)(17,115)(20,803)Effect of exchange rate changes on cash and cash equivalents(106)— — Net decrease in cash and cash equivalents(3,300)(89,163)(137,129)Cash and cash equivalents—beginning of year87,520 176,683 313,812 Cash and cash equivalents—end of year$84,220 $87,520 $176,683 

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Supplemental information of non-cash investing and financing activities:Right of use assets acquired in exchange for operating lease liabilities$1,958 $398 $— Property and equipment acquisitions through finance leases$13,709 $7,438 $526 Purchase of property and equipment and capitalized software included in accounts payable and accrued liabilities$1,787 $1,299 $2,345 Receivables for cash in-transit on stock option exercises$— $— $97 Capitalized stock-based compensation$1,362 $1,415 $1,372 Issuance of stock to settle liabilities for stock-based compensation$11,892 $12,276 $12,284 Deferred consideration liabilities payable in business combinations$— $8,732 $— Issuance of stock as consideration in business combinations$— $35,321 $— Capitalized software acquired through vendor financing$— $2,047 $— Cash paid for:Interest$2,194 $1,306 $763 Income taxes$3,068 $37 $39 

See notes to consolidated financial statements.

81

Phreesia, Inc.

Notes to Consolidated Financial Statements

(in thousands, except share and per share data)

1. Background and liquidity

(a) BackgroundPhreesia, Inc. (the "Company") is a leading provider of comprehensive software solutions that improve the operational and financial performance of healthcare organizations and improve health outcomes by helping patients take a more active role in their care. The Company has created an integrated and streamlined system that automates data capture and activates patients before, during and after their interaction with their healthcare services provider. The Company's solutions include S