Company: PHR
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0001412408-25-000039
Chunk: 111

Company: Phreesia, Inc.
Filing Date: 2025-05-28
Form: 10-Q
Item: Part I, Item 1
Chunk 111
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 and administrative expense was $6.6 million and $6.2 million for the three months ended April 30, 2025 and 2024, respectively.

Depreciation Three months endedApril 30, ($ in thousands)20252024$ Change% ChangeDepreciation$2,986 $3,524 $(538)(15)%

Depreciation expense decreased $0.5 million to $3.0 million for the three months ended April 30, 2025, as compared to $3.5 million for the three months ended April 30, 2024. The decrease was primarily attributable to lower computer equipment depreciation.

Amortization Three months endedApril 30, ($ in thousands)20252024$ Change% ChangeAmortization$3,892 $3,149 $743 24 %

Amortization expense increased $0.7 million to $3.9 million for the three months ended April 30, 2025 as compared to $3.1 million for the three months ended April 30, 2024. The increase was primarily driven by higher amortization of capitalized internal-use software development costs.

Other income (expense), net Three months endedApril 30, ($ in thousands)20252024$ Change% ChangeOther income (expense), net$338 $(31)$369 (1190)%

Other income (expense), net was income of $0.3 million for the three months ended April 30, 2025 as compared to expense of less than $0.1 million for the three months ended April 30, 2024. Other income (expense), net is comprised primarily of foreign exchange gains and losses and other miscellaneous income (expense).

Interest (expense) income, net

 Three months endedApril 30, ($ in thousands)20252024$ Change% ChangeInterest (expense) income, net$(230)$239 $(469)(196)%

Interest (expense) income, net was expense of $0.2 million for the three months ended April 30, 2025, as compared to income of $0.2 million for the three months ended April 30, 2024. The decrease is primarily attributable to lower interest income earned from our cash and cash equivalent balances, partially offset by lower interest expense on our finance leases and other financing obligations.

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Provision for income taxes