Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 156

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 8
Chunk 156
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5 or 2024. (e) Accounts receivableAccounts receivable as of October 31, 2025 and January 31, 2025 were as follows: October 31, 2025January 31, 2025Billed$79,719 $70,342 Unbilled10,713 4,743 Total accounts receivable, gross$90,432 $75,085 Less: accounts receivable allowances(2,175)(1,468)Total accounts receivable$88,257 $73,617 

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Activity in the Company's allowance for doubtful accounts was as follows for the nine months ended October 31, 2025: October 31, 2025Balance, January 31, 2025$1,468 Bad debt expense1,556 Write-offs and adjustments(849)Balance, October 31, 2025$2,175 The Company’s allowance for doubtful accounts represents the current estimate of expected future losses based on prior bad debt experience as well as considerations for specific customers as applicable. The Company's accounts receivable are considered past due when they are outstanding past the due date listed on the invoice to the customer. Activity in the allowance for doubtful accounts and write-offs of accounts receivable were not material for the three months ended October 31, 2025 and 2024.(f) Prepaid and other current assetsPrepaid and other current assets as of October 31, 2025 and January 31, 2025 were as follows: October 31, 2025January 31, 2025Prepaid software and business systems$6,844 $6,849 Prepaid data center expenses5,050 3,558 Prepaid insurance1,472 912 Other prepaid expenses and other current assets7,094 4,552 Total prepaid and other current assets$20,460 $15,871 (g) Cloud computing implementation costs The Company enters into cloud computing service contracts to support its sales and marketing, product development and administrative activities. The Company capitalizes certain implementation costs for cloud computing arrangements that meet the definition of a service contract. The Company includes these capitalized implementation costs within prepaid expenses and other current assets and within other assets on its consolidated balance sheets. Once placed in service, the Company amortizes these costs over the remaining subscription term to the same caption in the consolidated statements of operations as the related cloud subscription. Capitalized