2020 Q3 Form 10-Q Financial Statement

#000141240820000049 Filed on September 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $35.01M $30.82M
YoY Change 13.6% 24.37%
Cost Of Revenue $12.02M $11.31M
YoY Change 6.28%
Gross Profit $22.99M $19.51M
YoY Change 17.84%
Gross Profit Margin 65.67% 63.31%
Selling, General & Admin $19.73M $15.54M
YoY Change 26.95%
% of Gross Profit 85.82% 79.66%
Research & Development $5.530M $4.690M
YoY Change 17.91%
% of Gross Profit 24.05% 24.04%
Depreciation & Amortization $2.410M $2.136M
YoY Change 12.83% -22.04%
% of Gross Profit 10.48% 10.95%
Operating Expenses $25.26M $20.23M
YoY Change 24.85%
Operating Profit -$6.310M -$4.140M
YoY Change 52.42% 231.47%
Interest Expense $421.0K $781.0K
YoY Change -46.09%
% of Operating Profit
Other Income/Expense, Net $5.000K -$3.302M
YoY Change -100.15%
Pretax Income -$6.305M -$7.442M
YoY Change -15.28%
Income Tax $66.00K $51.00K
% Of Pretax Income
Net Earnings -$6.371M -$7.493M
YoY Change -14.97% 189.64%
Net Earnings / Revenue -18.2% -24.31%
Basic Earnings Per Share -$0.17
Diluted Earnings Per Share -$0.17 -$1.103M
COMMON SHARES
Basic Shares Outstanding 37.74M shares
Diluted Shares Outstanding 37.74M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $84.20M $100.1M
YoY Change -15.88%
Cash & Equivalents $84.20M $100.1M
Short-Term Investments
Other Short-Term Assets $10.10M $7.600M
YoY Change 32.89%
Inventory
Prepaid Expenses $8.378M
Receivables $22.97M $16.80M
Other Receivables $10.70M $11.30M
Total Short-Term Assets $128.0M $135.8M
YoY Change -5.78%
LONG-TERM ASSETS
Property, Plant & Equipment $17.07M $14.60M
YoY Change 16.92%
Goodwill $250.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $108.0K $2.800M
YoY Change -96.14%
Total Long-Term Assets $32.34M $27.20M
YoY Change 18.89%
TOTAL ASSETS
Total Short-Term Assets $128.0M $135.8M
Total Long-Term Assets $32.34M $27.20M
Total Assets $160.3M $163.0M
YoY Change -1.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.103M $11.00M
YoY Change -53.61%
Accrued Expenses $9.838M $8.300M
YoY Change 18.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.900M $2.300M
YoY Change 113.04%
Total Short-Term Liabilities $38.08M $38.60M
YoY Change -1.36%
LONG-TERM LIABILITIES
Long-Term Debt $23.10M $21.50M
YoY Change 7.44%
Other Long-Term Liabilities $1.400M $0.00
YoY Change
Total Long-Term Liabilities $24.50M $21.50M
YoY Change 13.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.08M $38.60M
Total Long-Term Liabilities $24.50M $21.50M
Total Liabilities $62.60M $60.10M
YoY Change 4.16%
SHAREHOLDERS EQUITY
Retained Earnings -$297.0M
YoY Change
Common Stock $379.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $869.0K
YoY Change
Treasury Stock Shares
Shareholders Equity $97.69M $102.9M
YoY Change
Total Liabilities & Shareholders Equity $160.3M $163.0M
YoY Change -1.66%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$6.371M -$7.493M
YoY Change -14.97% 189.64%
Depreciation, Depletion And Amortization $2.410M $2.136M
YoY Change 12.83% -22.04%
Cash From Operating Activities -$2.420M $550.0K
YoY Change -540.0% -70.59%
INVESTING ACTIVITIES
Capital Expenditures -$4.320M -$2.910M
YoY Change 48.45% -0.68%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.320M -$2.910M
YoY Change 48.45% -0.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 690.0K 96.50M
YoY Change -99.28% -6664.63%
NET CHANGE
Cash From Operating Activities -2.420M 550.0K
Cash From Investing Activities -4.320M -2.910M
Cash From Financing Activities 690.0K 96.50M
Net Change In Cash -6.050M 94.14M
YoY Change -106.43% -3820.95%
FREE CASH FLOW
Cash From Operating Activities -$2.420M $550.0K
Capital Expenditures -$4.320M -$2.910M
Free Cash Flow $1.900M $3.460M
YoY Change -45.09% -27.92%

Facts In Submission

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-224063000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7493000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1467000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
41000 USD
CY2019Q3 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
48312000 USD
CY2019Q3 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
48312000 USD
CY2019Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
14955000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
6084000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
124698000 USD
CY2019Q3 phr Temporary Equity Stock Issued During Period Value Conversion On Convertible Securities
TemporaryEquityStockIssuedDuringPeriodValueConversionOnConvertibleSecurities
262665000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
262665000 USD
CY2019Q3 phr Conversion And Exercise Of Warrants Value
ConversionAndExerciseOfWarrantsValue
8805000 USD
CY2019Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
102853000 USD
CY2020Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
101865000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-6112000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2872000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1737000 USD
CY2020Q2 phr Treasury Stock From Option Exercises
TreasuryStockFromOptionExercises
447000 USD
CY2020Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
99915000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6371000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3428000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
738000 USD
CY2020Q3 phr Treasury Stock From Option Exercises
TreasuryStockFromOptionExercises
23000 USD
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
97687000 USD
us-gaap Net Income Loss
NetIncomeLoss
-12483000 USD
us-gaap Net Income Loss
NetIncomeLoss
-14188000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7663000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6789000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2067000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
3307000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
245000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
265000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1073000 USD
phr Cost Of Phreesia Hardware Purchased By Others
CostOfPhreesiaHardwarePurchasedByOthers
439000 USD
phr Cost Of Phreesia Hardware Purchased By Others
CostOfPhreesiaHardwarePurchasedByOthers
319000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1775000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
974000 USD
phr Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
777000 USD
phr Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
0 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
109000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
994000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
679000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2892000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3657000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
1401000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
858000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1275000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4548000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1116000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3330000 USD
phr Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-755000 USD
phr Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
0 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
856000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-705000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-520000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2585000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2737000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2878000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4659000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2754000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7396000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5632000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
130781000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
9876000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
17676000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
20000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1042000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
20000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
14955000 USD
phr Proceeds From Insurance Financing Arrangement
ProceedsFromInsuranceFinancingArrangement
2009000 USD
phr Proceeds From Insurance Financing Arrangement
ProceedsFromInsuranceFinancingArrangement
0 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1301000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1164000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
220000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
300000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
69000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
112000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2475000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
78000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
869000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3930000 USD
phr Payment For Accrued Final Debt Payment Fee
PaymentForAccruedFinalDebtPaymentFee
225000 USD
phr Payment For Accrued Final Debt Payment Fee
PaymentForAccruedFinalDebtPaymentFee
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
101556000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6116000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
98509000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90315000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1543000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84199000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100051000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3183000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3657000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1510000 USD
phr Capitalized Software Obtained Through Financing
CapitalizedSoftwareObtainedThroughFinancing
174000 USD
phr Capitalized Software Obtained Through Financing
CapitalizedSoftwareObtainedThroughFinancing
0 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1958000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1358000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
699000 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
833000 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
20257000 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
0 USD
phr Debt Conversion Cashless Transfer Of Lender Fees
DebtConversionCashlessTransferOfLenderFees
406000 USD
phr Debt Conversion Cashless Transfer Of Lender Fees
DebtConversionCashlessTransferOfLenderFees
0 USD
us-gaap Interest Paid Net
InterestPaidNet
833000 USD
us-gaap Interest Paid Net
InterestPaidNet
1347000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2741000 USD
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
757625 shares
phr Estimated Number Of Months The Company Have Sufficient To Fund Its Operations
EstimatedNumberOfMonthsTheCompanyHaveSufficientToFundItsOperations
P12M
us-gaap Basis Of Accounting
BasisOfAccounting
Basis of presentation<div style="margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">(a) Basis of presentation</span></div><div style="margin-top:3pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States (U.S. GAAP) and include the accounts of Phreesia, Inc. and its branch operation in Canada.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">(b) Fiscal year</span></div><div style="margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s fiscal year ends on January 31. References to fiscal 2021 and 2020 refer to the fiscal years ended January 31, 2021 and January 31, 2020, respectively.</span></div><div><span><br/></span></div><div style="margin-top:3pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">(c) Unaudited interim financial statements</span></div><div style="margin-top:3pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. In the opinion of management, the accompanying unaudited financial statements reflect all adjustments, which include normal recurring adjustments, necessary for the fair statement of the Company’s interim financial position as of July 31, 2020 and the results of its operations, changes in its stockholders' equity and its cash flows for the periods ended July 31, 2020 and 2019. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The results for the interim periods are not necessarily indicative of results to be expected for the full year, any other interim periods, or any future year or period. The Company’s management believes that the disclosures herein are adequate to make the information presented not misleading when read in conjunction with the audited financial statements and accompanying notes for the fiscal year ended January 31, 2020.</span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">(d) Reclassifications</span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Certain reclassifications have been made to the prior period presentation to conform to the current period presentation. </span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In the Company's balance sheet as of January 31, 2020, the Company has reclassified $2.3 million from current portion of finance lease liabilities to current portion of debt and finance lease liabilities, and the Company has reclassified $2.1 million from long-term finance leases to long-term debt and finance leases. </span></div><div style="margin-top:3pt;"><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In the Company's unaudited statement of cash flows for the six months ended July 31, 2019, the Company has reclassified $1.0 million from change in deferred contract acquisition costs to deferred contract acquisition cost amortization. The reclassification had no effect on previously reported net loss or net cash provided by operating activities.</span></div>
us-gaap Fiscal Period
FiscalPeriod
Fiscal yearThe Company’s fiscal year ends on January 31. References to fiscal 2021 and 2020 refer to the fiscal years ended January 31, 2021 and January 31, 2020, respectively.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Reclassifications<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Certain reclassifications have been made to the prior period presentation to conform to the current period presentation. </span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In the Company's balance sheet as of January 31, 2020, the Company has reclassified $2.3 million from current portion of finance lease liabilities to current portion of debt and finance lease liabilities, and the Company has reclassified $2.1 million from long-term finance leases to long-term debt and finance leases. </span></div><div style="margin-top:3pt;"><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In the Company's unaudited statement of cash flows for the six months ended July 31, 2019, the Company has reclassified $1.0 million from change in deferred contract acquisition costs to deferred contract acquisition cost amortization. The reclassification had no effect on previously reported net loss or net cash provided by operating activities.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
Use of estimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on historical experience, known trends and events and various other factors that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments. Although management believes its estimates and assumptions are reasonable under the circumstances at the time they are made, they are based upon information available at the time they are made. Management evaluates the estimates and assumptions on an ongoing basis and, if necessary, makes adjustments. Actual results may differ from those estimates made under different assumptions or circumstances. The most significant assumptions and estimates relate to the accounts receivable allowance, capitalized internal-use software, the determination of the useful lives of property and equipment, the fair value of securities underlying stock-based compensation, the fair value of its business acquisitions, and the realization of deferred tax assets.
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of credit riskFinancial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, accounts receivable and settlement assets. The Company’s cash and cash equivalents are held by established financial institutions. The Company does not require collateral from its customers and generally requires payment within 30 to 60 days of billing. Settlement assets are amounts due from well-established payment processing companies and normally take one or two business days to settle which mitigates the associated risk of concentration. The Company has one third-party payment processor.The Company’s customers are primarily physician’s offices located in the United States and pharmaceutical companies.
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2741000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2928000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5522000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5032000 USD
CY2020Q3 phr Accrued Processing Fee
AccruedProcessingFee
2418000 USD
CY2020Q1 phr Accrued Processing Fee
AccruedProcessingFee
2738000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1898000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1473000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9838000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9243000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
57289000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
50038000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40219000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35551000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17070000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14487000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
2410000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
2136000 USD
us-gaap Depreciation
Depreciation
4678000 USD
us-gaap Depreciation
Depreciation
4291000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1586000 USD
CY2020Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1876000 USD
CY2019Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1467000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3632000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2878000 USD
CY2020Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1573000 USD
CY2019Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1220000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2866000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2379000 USD
CY2020Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
9501000 USD
CY2020Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8735000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1470000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1470000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
390000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
271000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1080000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1199000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
60000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
60000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
119000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
119000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
119000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
238000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
238000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
224000 USD
CY2020Q3 phr Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
261000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1080000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q3 us-gaap Goodwill
Goodwill
250000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
250000 USD
CY2020Q3 us-gaap Billed Contract Receivables
BilledContractReceivables
20501000 USD
CY2020Q1 us-gaap Billed Contract Receivables
BilledContractReceivables
22245000 USD
CY2020Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
3147000 USD
CY2020Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
676000 USD
CY2020Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
23648000 USD
CY2020Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
22921000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
676000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
943000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22972000 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
21978000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
943000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
271000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
538000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
676000 USD
CY2020Q3 phr Prepaid Software And Business Systems
PrepaidSoftwareAndBusinessSystems
1854000 USD
CY2020Q1 phr Prepaid Software And Business Systems
PrepaidSoftwareAndBusinessSystems
1611000 USD
CY2020Q3 phr Prepaid Computer Equipment
PrepaidComputerEquipment
958000 USD
CY2020Q1 phr Prepaid Computer Equipment
PrepaidComputerEquipment
645000 USD
CY2020Q3 phr Prepaid Data Center Expenses
PrepaidDataCenterExpenses
460000 USD
CY2020Q1 phr Prepaid Data Center Expenses
PrepaidDataCenterExpenses
751000 USD
CY2020Q3 us-gaap Prepaid Insurance
PrepaidInsurance
2778000 USD
CY2020Q1 us-gaap Prepaid Insurance
PrepaidInsurance
1259000 USD
CY2020Q3 phr Other Prepaid Expenses And Other Current Assets
OtherPrepaidExpensesAndOtherCurrentAssets
2328000 USD
CY2020Q1 phr Other Prepaid Expenses And Other Current Assets
OtherPrepaidExpensesAndOtherCurrentAssets
891000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8378000 USD
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5157000 USD
CY2020Q3 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
213000 USD
CY2020Q3 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
2000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1073000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
676000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
222000 USD
us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
2693000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
3147000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5401000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4002000 USD
phr Contract With Customer Liability Current Period Revenue Recognized
ContractWithCustomerLiabilityCurrentPeriodRevenueRecognized
679000 USD
us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
5537000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6257000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P3Y
CY2020Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1250000 USD
CY2019Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
489000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1775000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
974000 USD
CY2019Q3 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2020Q3 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2020Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
3314000 USD
phr Deferred Contract Acquisition Costs
DeferredContractAcquisitionCosts
1401000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1775000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2940000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
1684000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
1256000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2940000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
5969000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3612000 USD
CY2020Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
2797000 USD
CY2020Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
808000 USD
CY2020Q3 phr Long Term Debt Accrued Interest And Payments
LongTermDebtAccruedInterestAndPayments
34000 USD
CY2020Q1 phr Long Term Debt Accrued Interest And Payments
LongTermDebtAccruedInterestAndPayments
381000 USD
CY2020Q3 phr Long Term Debt And Lease Obligations Gross Including Original Issue Discount
LongTermDebtAndLeaseObligationsGrossIncludingOriginalIssueDiscount
29463000 USD
CY2020Q1 phr Long Term Debt And Lease Obligations Gross Including Original Issue Discount
LongTermDebtAndLeaseObligationsGrossIncludingOriginalIssueDiscount
24801000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1393000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
937000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
28070000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
23864000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4939000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2324000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
23131000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
21540000 USD
CY2020Q3 phr Debt Instrument Number Of Periodic Payments
DebtInstrumentNumberOfPeriodicPayments
3 installment
CY2018Q4 phr Debt Instrument Number Of Periodic Payments
DebtInstrumentNumberOfPeriodicPayments
4 installment
CY2020Q3 phr Long Term Debt And Finance Lease Obligations Repayments Of Principal In Remainder Of Fiscal Year
LongTermDebtAndFinanceLeaseObligationsRepaymentsOfPrincipalInRemainderOfFiscalYear
2835000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1500000 USD
CY2020Q3 phr Finance Lease Liability Payments Remainder Of Fiscal Year Discounted Obligation
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYearDiscountedObligation
1335000 USD
CY2020Q3 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
3193000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1036000 USD
CY2020Q3 phr Finance Lease Liability Payments Due Year Two Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearTwoDiscountedObligation
2157000 USD
CY2020Q3 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
1649000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
217000 USD
CY2020Q3 phr Finance Lease Liability Payments Due Year Three Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearThreeDiscountedObligation
1432000 USD
CY2020Q3 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
630000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
44000 USD
CY2020Q3 phr Finance Lease Liability Payments Due Year Four Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearFourDiscountedObligation
586000 USD
CY2020Q3 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
21156000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
20697000 USD
CY2020Q3 phr Finance Lease Liability Payments Due Year Five Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearFiveDiscountedObligation
459000 USD
CY2020Q3 phr Long Term Debt And Lease Obligations Gross Including Original Issue Discount
LongTermDebtAndLeaseObligationsGrossIncludingOriginalIssueDiscount
29463000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
23494000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
5969000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-419000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-739000 USD
CY2020Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
119000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
245000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
421000 USD
CY2020Q3 us-gaap Interest Income Operating
InterestIncomeOperating
2000 USD
us-gaap Interest Expense
InterestExpense
833000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
94000 USD
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-745000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1549000 USD
CY2019Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
157000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
265000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
781000 USD
CY2019Q3 us-gaap Interest Income Operating
InterestIncomeOperating
36000 USD
us-gaap Interest Expense
InterestExpense
1585000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
36000 USD
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37882837 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37882837 shares
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36610763 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36610763 shares
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5516452 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1203593 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.06
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
40983 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
7.22
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4271876 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.26
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y1M20D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
110233000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2919857 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.93
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y2M4D
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
79205000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
347073 shares
phr Share Based Compensation Arrangements By Share Based Payment Award Options Vested In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageExercisePrice
5.87
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
32060000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
517000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
4673000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
86600000 USD
CY2020Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
58000 USD
CY2020Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
86658000 USD
CY2020Q3 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
405000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-308000 USD
CY2019Q3 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
327000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
256000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2406000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1221000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1394000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2615000 USD
CY2020Q3 phr Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
15940000 USD
CY2020Q3 phr Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
9310000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6630000 USD
CY2020Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2573000 USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
3396000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
5969000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.061
phr Operating Lease Cost Excluding Variable Lease Cost
OperatingLeaseCostExcludingVariableLeaseCost
822000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
126000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
948000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1586000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
151000 USD
phr Finance Lease Cost
FinanceLeaseCost
1737000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
868000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1516000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
798000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2293000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
683000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1506000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
377000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1092000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2726000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6407000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
111000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
438000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2615000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
5969000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1824000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
819000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
464000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
277000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3384000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
800000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
151000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1301000 USD
phr Lease Payments
LeasePayments
2252000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3183000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3657000 USD
phr Right Of Use Asset Obtained In Exchange For Lease Liability
RightOfUseAssetObtainedInExchangeForLeaseLiability
6840000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2741000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
800000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
177000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
119000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.014
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.008
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6371000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7493000 USD
us-gaap Net Income Loss
NetIncomeLoss
-12483000 USD
us-gaap Net Income Loss
NetIncomeLoss
-14188000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2019Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
14955000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
14955000 USD
CY2020Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2019Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
48312000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6371000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-70760000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
56175000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12483000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-85318000 USD
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37735155 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6793363 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37523966 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4443155 shares
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-10.42
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.33
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-19.20
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6260263 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6952444 shares
CY2020Q1 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
2072000 USD
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37882837 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37882837 shares

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