Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 87

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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— 13,825 — — — 13,825 Exercise of stock options and vesting of restricted stock units312,762 3 835 — — — 838 Issuance of stock for share-settled bonus awards152,233 2 3,878 — — — 3,880 Balance, October 31, 202561,589,913 $616 $1,166,078 $(800,485)$(360)$(45,520)$320,329 

See notes to unaudited consolidated financial statements

13

Phreesia, Inc.

Unaudited Consolidated Statements of Cash Flows

(in thousands) Three months ended October 31,Nine months ended October 31, 2025202420252024Operating activities:Net income (loss)$4,271 $(14,403)$1,011 $(52,137)Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization7,478 7,087 21,765 21,063 Stock-based compensation expense15,959 16,525 49,414 49,813 Amortization of deferred financing costs and debt discount61 62 185 174 Cost of Phreesia hardware purchased by customers235 571 828 1,248 Deferred contract acquisition costs amortization111 1,322 463 1,706 Non-cash operating lease expense224 207 657 568 Deferred taxes57 57 (1,441)176 Changes in operating assets and liabilities:Accounts receivable(11,455)(10,141)(14,765)(6,558)Prepaid expenses and other assets(1,952)1,005 (4,868)4,286 Deferred contract acquisition costs— (552)(351)(765)Accounts payable1,303 6,948 1,632 5,198 Accrued expenses and other liabilities(3,452)(3,655)(5,632)(6,202)Lease liabilities(242)(202)(732)(622)Deferred revenue2,869 954 (3,014)(1,823)Net cash provided by operating activities15,467 5,785 45,152 16,125 Investing activities:Capitalized internal-use software(3,395)(3,566