Company: PHR
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001412408-25-000010
Chunk: 6

Company: Phreesia, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 6
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sburgh, Pennsylvania 

March 13, 2025

75

Phreesia, Inc. 

Consolidated Balance Sheets

(in thousands, except share and per share data)January 31,20252024AssetsCurrent:Cash and cash equivalents$84,220 $87,520 Settlement assets29,176 28,072 Accounts receivable, net of allowance for doubtful accounts of $1,468 and $1,392 as of January 31, 2025 and 2024, respectively73,617 64,863 Deferred contract acquisition costs401 768 Prepaid expenses and other current assets15,871 14,461 Total current assets203,285 195,684 Property and equipment, net of accumulated depreciation and amortization of $84,505 and $76,859 as of January 31, 2025 and 2024, respectively23,651 16,902 Capitalized internal-use software, net of accumulated amortization of $55,991 and $45,769 as of January 31, 2025 and 2024, respectively52,763 46,139 Operating lease right-of-use assets1,477 266 Deferred contract acquisition costs583 986 Intangible assets, net of accumulated amortization of $8,407 and $4,925 as of January 31, 2025 and 2024, respectively28,143 31,625 Goodwill75,845 75,845 Other assets2,668 2,879 Total Assets$388,415 $370,326 Liabilities and Stockholders’ EquityCurrent:Settlement obligations$29,176 $28,072 Current portion of finance lease liabilities and other debt8,043 6,056 Current portion of operating lease liabilities964 393 Accounts payable5,622 8,480 Accrued expenses37,460 37,130 Deferred revenue32,758 24,113 Other current liabilities— 5,875 Total current liabilities114,023 110,119 Long-term finance lease liabilities and other debt8,150 5,400 Operating lease liabilities, non-current646 134 Long-term deferred revenue119 97 Long-term deferred tax liabilities484 270 Other long-term liabilities185 2,857 Total Liabilities123,607 118,877 Commitments and contingencies (Note 11)Stockholders’ Equity:Preferred stock