Company: PHR
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0001412408-25-000039
Chunk: 127

Company: Phreesia, Inc.
Filing Date: 2025-05-28
Form: 10-Q
Item: Part I, Item 8
Chunk 127
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Accounts receivable as of April 30, 2025 and January 31, 2025 were as follows: April 30, 2025January 31, 2025Billed$71,322 $70,342 Unbilled5,588 4,743 Total accounts receivable, gross$76,910 $75,085 Less: accounts receivable allowances(1,811)(1,468)Total accounts receivable$75,099 $73,617 Activity in the Company's allowance for doubtful accounts was as follows for the three months ended April 30, 2025: April 30, 2025Balance, January 31, 2025$1,468 Bad debt expense572 Write-offs and adjustments(229)Balance, April 30, 2025$1,811 The Company’s allowance for doubtful accounts represents the current estimate of expected future losses based on prior bad debt experience as well as considerations for specific customers as applicable. The Company's accounts 

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receivable are considered past due when they are outstanding past the due date listed on the invoice to the customer. Write-offs of accounts receivable were not material for the three months ended April 30, 2025 and 2024.(f) Prepaid and other current assetsPrepaid and other current assets as of April 30, 2025 and January 31, 2025 were as follows: April 30, 2025January 31, 2025Prepaid software and business systems$6,927 $6,849 Prepaid data center expenses3,877 3,558 Prepaid insurance526 912 Other prepaid expenses and other current assets4,689 4,552 Total prepaid and other current assets$16,019 $15,871 (g) Cloud computing implementation costs The Company enters into cloud computing service contracts to support its sales and marketing, product development and administrative activities. The Company capitalizes certain implementation costs for cloud computing arrangements that meet the definition of a service contract. The Company includes these capitalized implementation costs within prepaid expenses and other current assets and within other assets on its consolidated balance sheets. Once placed in service, the Company amortizes these costs over the remaining subscription term to the same caption in the consolidated statements of operations as the related cloud subscription. Capitalized implementation costs for cloud computing arrangements accounted for as service contracts were $1,532 as of January