Company: PHR
Filing Date: 2025-09-05
Form Type: 10-Q
Source: 0001412408-25-000062
Chunk: 159

Company: Phreesia, Inc.
Filing Date: 2025-09-05
Form: 10-Q
Item: Part I, Item 8
Chunk 159
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 variable payments such as common area maintenance, utilities and equipment maintenance.As of July 31, 2025, for operating leases, the weighted-average remaining lease term was 1.3 years and the weighted-average discount rate is 6.5%. As of July 31, 2025, for finance leases, the weighted-average remaining lease term was 1.7 years, and the weighted-average discount rate is 7.8%.The components of lease expense for the six months ended July 31, 2025 were as follows:July 31, 2025Operating leases:Operating lease cost$488 Variable lease cost— Total operating lease cost$488 Finance leases:Amortization of right-of-use assets$3,685 Interest on lease liabilities509 Total finance lease cost$4,194 Amortization of right-of-use assets for finance leases is included within depreciation expense on the Company's consolidated statements of operations.The following represents a schedule of maturing lease commitments for operating and finance leases as of July 31, 2025:July 31, 2025OperatingFinanceMaturity of lease liabilities2026 (remaining six months)$509 $3,310 Fiscal year ending January 31,2027583 5,688 202885 2,169 2029— — 2030— — Thereafter— — Total future minimum lease payments$1,177 $11,167 Less: interest(57)(796)Present value of lease liabilities$1,120 $10,371 Other supplemental cash flow information for the six months ended July 31, 2025 was as follows:July 31, 2025Supplemental cash flow informationCash paid for amounts included in the measurement of lease liabilities:Operating cash used for operating leases$544 Operating cash used for finance leases$509 Financing cash used for finance leases$3,886 For the three and six months ended July 31, 2025 there were no right-of-use assets obtained in exchange for lease liabilities.(b) Phreesia as LessorIn connection with the patient intake and registration process, Phreesia offers its customers the ability to lease PhreesiaPads and Arrivals Kiosks along with their monthly subscription. The Company accounts for these rentals as 

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leases. The Company elected the practical expedient to not separate lease and non-lease components. More specifically, all