Company: PHR
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001412408-25-000010
Chunk: 50

Company: Phreesia, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 50
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 operating loss carryforwards to offset U.S. federal taxable income will be subject to limitations, which could potentially result in increased future tax liability. The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by federal, state, and foreign jurisdictions, where applicable. The Company’s tax years are still open from 2020 to present and, to the extent utilized in future years' tax returns, net operating loss carryforwards at January 31, 2025 will remain subject to examination until the respective tax year is closed. The Company records unrecognized tax benefits as liabilities or as reductions to deferred tax assets and adjusts these balances when its judgement changes as a result of the evaluation of new information previously not 

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available. The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. As of January 31, 2025 the Company has reduced the balance of deferred tax assets for $1,605 of unrecognized tax benefits. The Company’s unrecognized tax benefits would not affect the effective tax rate if recognized because the Company has a full valuation allowance on its U.S. deferred tax assets. As of January 31, 2025, the Company had no accrued interest or penalties related to uncertain tax positions.The following is a roll-forward of the Company's total gross unrecognized tax benefits for fiscal 2025:Balance, January 31, 2023$— Increases for income tax positions related to prior years844 Increases for income tax positions related to current years396 Balance, January 31, 2024$1,240 Increases for income tax positions related to prior years— Increases for income tax positions related to current years365 Balance, January 31, 2025$1,605 

13. Net loss per share attributable to common stockholders

(a) Net loss per share attributable to common stockholdersBasic and diluted net loss per share attributable to common stockholders was calculated as follows:Fiscal years ended January 31,202520242023Numerator:Net loss$(58,527)$(136,885)$(176,146)Denominator:Weighted-average shares of common stock outstanding, basic and diluted57,589,687 54,561,449 52,440,067 Net loss per share attributable to common stockholders$(1.02)$(2.51)$(3.36)(b) Potential dilutive securitiesThe Company’s potential dilutive