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

Company: Phreesia, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 10
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(in thousands)For the fiscal years ended January 31,202520242023Operating activities:Net loss$(58,527)$(136,885)$(176,146)Adjustments to reconcile net loss to net cash provided by (used in) operating activities:Depreciation and amortization27,886 29,487 25,304 Stock-based compensation expense66,975 71,613 58,775 Amortization of deferred financing costs and debt discount236 321 310 Loss on extinguishment of debt— 1,118 — Non-cash gain on settlement(2,345)— — Cost of Phreesia hardware purchased by customers1,873 1,619 1,598 Deferred contract acquisition costs amortization1,815 1,056 1,696 Non-cash operating lease expense747 702 1,768 Deferred taxes214 228 434 Changes in operating assets and liabilities:Accounts receivable(8,812)(11,205)(11,132)Prepaid expenses and other assets(1,427)(2,209)250 Deferred contract acquisition costs(1,045)— (427)Accounts payable(3,234)(1,993)4,774 Accrued expenses and other liabilities182 14,195 2,720 Lease liabilities(824)(1,156)(1,302)Deferred revenue8,667 731 1,255 Net cash provided by (used in) operating activities32,381 (32,378)(90,123)Investing activities:Acquisitions, net of cash acquired— (14,573)— Capitalized internal-use software(15,380)(19,291)(21,471)Purchases of property and equipment(8,709)(5,806)(4,732)Net cash used in investing activities(24,089)(39,670)(26,203)Financing activities:Proceeds from issuance of common stock upon exercise of stock options1,012 955 1,603 Treasury stock to satisfy tax withholdings on stock compensation awards— (12,176)(19,383)Proceeds from employee stock purchase plan2,918 3,209 3,321 Finance lease payments(7,811)(6,779)(5,731)Constructive financing— 1,688 — Principal payments on financing agreements(1,199)(600)(216)De