Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 297

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 2
Chunk 297
---
 31, 2024, net cash used in investing activities was $4.2 million, principally resulting from capital expenditures, the majority of which consisted of $3.6 million of capitalized internal-use software costs, as well as $0.6 million of purchases of property and equipment, 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 

50

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 Access