Company: PHR
Filing Date: 2025-09-05
Form Type: 10-Q
Source: 0001412408-25-000062
Chunk: 96

Company: Phreesia, Inc.
Filing Date: 2025-09-05
Form: 10-Q
Item: Part I, Item 1
Chunk 96
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 minimum Liquidity, a minimum Consolidated Fixed Charge Coverage Ratio, a restriction on the amount of dividends and limiting the amount of cash and cash equivalents the Company holds outside Capital One, each as defined in the Credit Agreement. The Company was in compliance with all covenants related to the Credit Agreement as of July 31, 2025.Maturities of finance leases and other debt, in each of the next five years and thereafter, are as follows: TotalFinance LeasesOther Debt2026 (Remaining six months)$3,656 $3,074 $582 Fiscal year ending January 31,20276,002 5,283 719 20282,014 2,014 — 2029— — — 2030— — — Thereafter— — — Total maturities of finance leases and other debt$11,672 $10,371 $1,301 The following table presents the components of interest income, net:Three months ended July 31,Six months ended July 31, 2025202420252024Interest expense (1)$(391)$(608)(826)(1,161)Interest income999 654 1,204 1,446 Interest income, net$608 $46 378 285 (1) Includes amortization of deferred financing costs and original issue discount.

7. Stockholders' equity

(a) Common stock

22

Table of Contents

The Company closed its initial public offering (“IPO”) on July 22, 2019 and filed an Amended and Restated Certificate of Incorporation authorizing the issuance of up to 500,000,000 shares of common stock, par value $0.01 per share.(b) Treasury stockThe Company's equity-based compensation plan allows for the grant of non-vested stock options, restricted stock units ("RSUs") and total shareholder return ("TSR") performance-based stock units ("PSUs") to its employees pursuant to the terms of its stock option and incentive plans (See Note 8). Until September 2023, under the provision of the plans, for RSU and PSU awards, unless otherwise elected, employee participants fulfilled their related income tax withholding obligation by having shares withheld at the time of vesting. The shares withheld were then transferred to the Company's treasury stock at cost. Beginning in September 2023, employee participants fulfilled their related tax withholding obligation by selling vested shares at the