2021 Q4 Form 10-Q Financial Statement

#000141240821000093 Filed on December 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $55.92M $51.01M $38.46M
YoY Change 45.37% 45.7% 17.11%
Cost Of Revenue $21.09M $19.68M $14.00M
YoY Change 50.66% 63.73% 24.0%
Gross Profit $34.82M $31.33M $24.46M
YoY Change 42.36% 36.26% 13.5%
Gross Profit Margin 62.28% 61.42% 63.59%
Selling, General & Admin $50.06M $38.41M $20.85M
YoY Change 140.07% 94.69% 34.25%
% of Gross Profit 143.75% 122.61% 85.25%
Research & Development $15.27M $11.44M $5.732M
YoY Change 166.45% 106.93% 20.07%
% of Gross Profit 43.86% 36.53% 23.43%
Depreciation & Amortization $3.719M $3.701M $2.447M
YoY Change 51.98% 53.57% 13.66%
% of Gross Profit 10.68% 11.81% 10.0%
Operating Expenses $65.33M $49.85M $26.58M
YoY Change 145.76% 97.37% 30.91%
Operating Profit -$35.74M -$23.81M -$6.114M
YoY Change 484.56% 277.31% 174.05%
Interest Expense $331.0K $226.0K $471.0K
YoY Change -29.72% -46.32% -15.44%
% of Operating Profit
Other Income/Expense, Net -$425.0K -$297.0K -$405.0K
YoY Change 4.94% -6040.0% 185.21%
Pretax Income -$36.17M -$24.11M -$6.519M
YoY Change 454.76% 282.32% 174.72%
Income Tax $178.0K $288.0K $194.0K
% Of Pretax Income
Net Earnings -$36.34M -$24.39M -$6.713M
YoY Change 441.38% 282.88% 175.46%
Net Earnings / Revenue -65.0% -47.82% -17.45%
Basic Earnings Per Share -$0.71 -$0.48 -$0.17
Diluted Earnings Per Share -$0.71 -$0.48 -$0.17
COMMON SHARES
Basic Shares Outstanding 51.02M shares 50.58M shares 38.51M shares
Diluted Shares Outstanding 51.02M shares 50.58M shares 38.51M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $400.4M $439.9M $254.1M
YoY Change 57.57% 422.39% 178.01%
Cash & Equivalents $400.4M $439.9M $254.1M
Short-Term Investments
Other Short-Term Assets $12.16M $7.978M $8.500M
YoY Change 43.0% -21.01% 23.19%
Inventory
Prepaid Expenses $6.825M
Receivables $35.46M $30.36M $27.59M
Other Receivables $16.32M $15.50M $12.30M
Total Short-Term Assets $464.3M $493.7M $302.5M
YoY Change 53.49% 285.85% 135.05%
LONG-TERM ASSETS
Property, Plant & Equipment $34.76M $29.12M $19.16M
YoY Change 81.42% 70.59% 33.39%
Goodwill $8.211M $8.211M $250.0K
YoY Change 3184.4% 3184.4% -0.4%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.795M $2.543M $207.0K
YoY Change 1250.24% 2254.63% -84.37%
Total Long-Term Assets $64.79M $57.54M $35.54M
YoY Change 82.32% 77.92% 30.61%
TOTAL ASSETS
Total Short-Term Assets $464.3M $493.7M $302.5M
Total Long-Term Assets $64.79M $57.54M $35.54M
Total Assets $529.1M $551.2M $338.1M
YoY Change 56.52% 243.9% 116.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.60M $5.483M $4.215M
YoY Change 175.26% 7.45% -29.15%
Accrued Expenses $18.89M $18.10M $12.66M
YoY Change 49.15% 83.99% 57.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.597M $4.494M $4.700M
YoY Change -2.19% -8.29%
Total Short-Term Liabilities $64.96M $57.65M $41.78M
YoY Change 55.49% 51.42% 30.19%
LONG-TERM LIABILITIES
Long-Term Debt $5.134M $5.598M $24.40M
YoY Change -78.96% -75.77% 26.07%
Other Long-Term Liabilities $1.117M $1.412M $2.200M
YoY Change -49.23% 0.86%
Total Long-Term Liabilities $6.251M $7.010M $26.60M
YoY Change -76.5% -71.39% 37.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.96M $57.65M $41.78M
Total Long-Term Liabilities $6.251M $7.010M $26.60M
Total Liabilities $71.21M $64.66M $68.37M
YoY Change 4.14% 3.29% 28.0%
SHAREHOLDERS EQUITY
Retained Earnings -$383.5M -$347.1M -$303.7M
YoY Change 26.28% 16.9% 8.14%
Common Stock $513.0K $509.0K $440.0K
YoY Change 16.59% 34.3% 22.56%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.557M $7.088M $869.0K
YoY Change 884.7% 715.65%
Treasury Stock Shares 157.6K shares 135.9K shares
Shareholders Equity $457.9M $486.6M $269.7M
YoY Change
Total Liabilities & Shareholders Equity $529.1M $551.2M $338.1M
YoY Change 56.52% 243.9% 116.83%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income -$36.34M -$24.39M -$6.713M
YoY Change 441.38% 282.88% 175.46%
Depreciation, Depletion And Amortization $3.719M $3.701M $2.447M
YoY Change 51.98% 53.57% 13.66%
Cash From Operating Activities -$24.53M -$6.729M -$670.0K
YoY Change 3561.04% 178.06% -77.89%
INVESTING ACTIVITIES
Capital Expenditures -$14.50M -$3.154M -$3.700M
YoY Change 292.03% -26.99% 4.82%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$14.50M -$3.154M -$3.700M
YoY Change 292.03% -26.99% 4.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $174.8M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -425.0K -943.0K 174.3M
YoY Change -100.24% -236.67% -8360.19%
NET CHANGE
Cash From Operating Activities -24.53M -6.729M -670.0K
Cash From Investing Activities -14.50M -3.154M -3.700M
Cash From Financing Activities -425.0K -943.0K 174.3M
Net Change In Cash -39.46M -10.83M 169.9M
YoY Change -123.22% 78.94% -2059.86%
FREE CASH FLOW
Cash From Operating Activities -$24.53M -$6.729M -$670.0K
Capital Expenditures -$14.50M -$3.154M -$3.700M
Free Cash Flow -$10.02M -$3.575M $3.030M
YoY Change -430.83% -288.16% 506.0%

Facts In Submission

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EarningsPerShareDiluted
-0.51
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51020271 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51020271 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38511370 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38511370 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49943049 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49943049 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37855503 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37855503 shares
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 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
447000 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 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
23000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
97687000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-6713000 USD
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3316000 USD
CY2020Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
876000 USD
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
290000 USD
CY2020Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
174510000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
269676000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
263306000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-10974000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5774000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1145000 USD
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
245813000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
503274000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-24393000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7355000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1306000 USD
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
978000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
486564000 USD
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-36343000 USD
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7821000 USD
CY2021Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1346000 USD
CY2021Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1469000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
457919000 USD
us-gaap Net Income Loss
NetIncomeLoss
-71710000 USD
us-gaap Net Income Loss
NetIncomeLoss
-19196000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15461000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11656000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
25976000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9616000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
216000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
318000 USD
phr Cost Of Phreesia Hardware Purchased By Others
CostOfPhreesiaHardwarePurchasedByOthers
449000 USD
phr Cost Of Phreesia Hardware Purchased By Others
CostOfPhreesiaHardwarePurchasedByOthers
604000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1709000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2280000 USD
phr Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
730000 USD
phr Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
1228000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
209000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
508000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
279000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6408000 USD
phr Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-1419000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1596000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5616000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5686000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1940000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
2929000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
1901000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9490000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2300000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5563000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3982000 USD
phr Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-779000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1222000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-36731000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1187000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
7962000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
4663000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16596000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6440000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24558000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11103000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
245813000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
174800000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4062000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3351000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3546000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
869000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
226000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1147000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
phr Proceeds From Insurance Financing Arrangement
ProceedsFromInsuranceFinancingArrangement
0 USD
phr Proceeds From Insurance Financing Arrangement
ProceedsFromInsuranceFinancingArrangement
2009000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3175000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1797000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
873000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
881000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
69000 USD
phr Payment Of Loan Facility Fees
PaymentOfLoanFacilityFees
125000 USD
phr Payment Of Loan Facility Fees
PaymentOfLoanFacilityFees
225000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
400000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
242903000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
176093000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
181614000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
163803000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
218781000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90315000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400395000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
254118000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
81000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4420000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
2645000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
6050000 USD
phr Capitalized Software Obtained Through Financing
CapitalizedSoftwareObtainedThroughFinancing
0 USD
phr Capitalized Software Obtained Through Financing
CapitalizedSoftwareObtainedThroughFinancing
174000 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
0 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
20257000 USD
phr Debt Conversion Cashless Transfer Of Lender Fees
DebtConversionCashlessTransferOfLenderFees
0 USD
phr Debt Conversion Cashless Transfer Of Lender Fees
DebtConversionCashlessTransferOfLenderFees
406000 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
64000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1082000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1681000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
279000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
us-gaap Interest Paid Net
InterestPaidNet
578000 USD
CY2021Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
50.00
us-gaap Interest Paid Net
InterestPaidNet
1047000 USD
CY2021Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5175000 shares
CY2021Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
245813000 USD
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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(a) Consolidated financial statements</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("GAAP") and include the accounts of Phreesia, Inc., its branch operation in Canada and its subsidiaries (collectively, the "Company").</span></div><div style="margin-top:3pt"><span><br/></span></div><div><span style="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="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 2022 and 2021 refer to the fiscal years ending on January 31, 2022 and January 31, 2021, respectively.</span></div><div><span><br/></span></div><div style="margin-top:3pt"><span style="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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited interim consolidated financial statements have been prepared in accordance with GAAP and applicable rules and regulations of the SEC regarding interim financial reporting. In the opinion of management, the accompanying unaudited interim consolidated financial statements reflect all adjustments, which include normal recurring adjustments, necessary for the fair statement of the Company’s interim financial position as of October 31, 2021 and the results of its operations, changes in its stockholders' equity and its cash flows for the periods ended October 31, 2021 and 2020. 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 </span></div>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, 2021.
us-gaap Fiscal Period
FiscalPeriod
Fiscal yearThe Company’s fiscal year ends on January 31. References to fiscal 2022 and 2021 refer to the fiscal years ending on January 31, 2022 and January 31, 2021, respectively.
us-gaap Use Of Estimates
UseOfEstimates
Use of estimatesThe preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated 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 could differ from those estimates made under different assumptions or circumstances. The most significant assumptions and estimates relate to the allowance for doubtful accounts, 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 identifiable assets and liabilities in a business acquisition, and the realization of deferred tax assets.
us-gaap Depreciation
Depreciation
10717000 USD
us-gaap Depreciation
Depreciation
7125000 USD
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 <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjFiZDM5ZGRjM2EyZTRiMTZiOWFjZWU4NjI0NDk2OTMyL3NlYzoxYmQzOWRkYzNhMmU0YjE2YjlhY2VlODYyNDQ5NjkzMl80Ni9mcmFnOjMyMTYxZjY2ZGUwMTQyNTU4Y2Y0NGJkYzUwNTk3MzBlL3RleHRyZWdpb246MzIxNjFmNjZkZTAxNDI1NThjZjQ0YmRjNTA1OTczMGVfMjM4NQ_e84e8c34-1061-4038-97b9-561ac45db2ff">one</span> or <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjFiZDM5ZGRjM2EyZTRiMTZiOWFjZWU4NjI0NDk2OTMyL3NlYzoxYmQzOWRkYzNhMmU0YjE2YjlhY2VlODYyNDQ5NjkzMl80Ni9mcmFnOjMyMTYxZjY2ZGUwMTQyNTU4Y2Y0NGJkYzUwNTk3MzBlL3RleHRyZWdpb246MzIxNjFmNjZkZTAxNDI1NThjZjQ0YmRjNTA1OTczMGVfMjM5MQ_0462f332-5cc6-49e4-ba3e-02e31433271f">two</span> business days to settle which mitigates the associated risk of concentration. The Company utilizes one third-party payment processor.The Company’s customers are primarily physician’s offices located in the United States and pharmaceutical companies.
phr Number Of Third Party Payment Processors
NumberOfThirdPartyPaymentProcessors
1 processor
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8257000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8946000 USD
CY2021Q4 phr Accrued Processing Fee Current
AccruedProcessingFeeCurrent
3153000 USD
CY2021Q1 phr Accrued Processing Fee Current
AccruedProcessingFeeCurrent
2853000 USD
CY2021Q4 phr Acquisition Related Liabilities Current
AcquisitionRelatedLiabilitiesCurrent
3100000 USD
CY2021Q4 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3167000 USD
CY2021Q1 phr Acquisition Related Liabilities Current
AcquisitionRelatedLiabilitiesCurrent
3386000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4375000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3139000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18885000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18324000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
83593000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
66808000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
50838000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
40148000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
32755000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
26660000 USD
CY2021Q4 us-gaap Depreciation
Depreciation
3719000 USD
CY2020Q4 us-gaap Depreciation
Depreciation
2447000 USD
CY2020Q4 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1972000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7965000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5604000 USD
CY2021Q4 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1387000 USD
CY2020Q4 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1487000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4362000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4353000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3250000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3250000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
907000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
525000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2343000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2725000 USD
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
127000 USD
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
59000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
382000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
178000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
127000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
508000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
494000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
410000 USD
CY2021Q4 phr Finite Lived Intangible Asset Expected Amortization Year Four And After
FiniteLivedIntangibleAssetExpectedAmortizationYearFourAndAfter
804000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2343000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Goodwill
Goodwill
8211000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
8307000 USD
CY2021Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
35106000 USD
CY2021Q1 us-gaap Billed Contract Receivables
BilledContractReceivables
28464000 USD
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1059000 USD
CY2021Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1287000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
36165000 USD
CY2021Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
29751000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
705000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
699000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
35460000 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
29052000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
699000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
39000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
705000 USD
CY2021Q4 phr Prepaid Software And Business Systems
PrepaidSoftwareAndBusinessSystems
4019000 USD
CY2021Q1 phr Prepaid Software And Business Systems
PrepaidSoftwareAndBusinessSystems
2322000 USD
CY2021Q4 phr Prepaid Data Center Expenses
PrepaidDataCenterExpenses
2776000 USD
CY2021Q1 phr Prepaid Data Center Expenses
PrepaidDataCenterExpenses
1211000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2855000 USD
CY2021Q1 us-gaap Prepaid Insurance
PrepaidInsurance
1311000 USD
CY2021Q4 phr Other Prepaid Expenses And Other Current Assets
OtherPrepaidExpensesAndOtherCurrentAssets
800000 USD
CY2021Q1 phr Other Prepaid Expenses And Other Current Assets
OtherPrepaidExpensesAndOtherCurrentAssets
2410000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10450000 USD
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7254000 USD
CY2021Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
1446000 USD
CY2021Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
130000 USD
CY2021Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-114000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-138000 USD
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
62000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-229000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1287000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
1206000 USD
us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
978000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1059000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10838000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10495000 USD
phr Contract With Customer Liability Current Period Revenue Recognized
ContractWithCustomerLiabilityCurrentPeriodRevenueRecognized
16291000 USD
us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
28382000 USD
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
12434000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
557000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
505000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1709000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2280000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021Q4 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2941000 USD
phr Deferred Contract Acquisition Costs
DeferredContractAcquisitionCosts
2929000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1709000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
4161000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
1705000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
2456000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
4161000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9227000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
9702000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
9731000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
11335000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4597000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4864000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5134000 USD
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6471000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9227000 USD
CY2021Q4 phr Long Term Debt And Finance Lease Obligations Repayments Of Principal In Remainder Of Fiscal Year
LongTermDebtAndFinanceLeaseObligationsRepaymentsOfPrincipalInRemainderOfFiscalYear
1334000 USD
CY2021Q4 phr Finance Lease Liability Payments Remainder Of Fiscal Year Discounted Obligation
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYearDiscountedObligation
1091000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
243000 USD
CY2021Q4 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year One
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearOne
4283000 USD
CY2021Q4 phr Finance Lease Liability Payments Due Year One Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearOneDiscountedObligation
4067000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
216000 USD
CY2021Q4 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
3185000 USD
CY2021Q4 phr Finance Lease Liability Payments Due Year Two Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearTwoDiscountedObligation
3140000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
45000 USD
CY2021Q4 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
773000 USD
CY2021Q4 phr Finance Lease Liability Payments Due Year Three Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearThreeDiscountedObligation
773000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2021Q4 phr Long Term Debt And Finance Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndFinanceLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
156000 USD
CY2021Q4 phr Finance Lease Liability Payments Due Year Four Discounted Obligation
FinanceLeaseLiabilityPaymentsDueYearFourDiscountedObligation
156000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q4 phr Long Term Debt And Lease Obligations Gross Including Original Issue Discount
LongTermDebtAndLeaseObligationsGrossIncludingOriginalIssueDiscount
9731000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
504000 USD
CY2021Q4 us-gaap Interest Expense
InterestExpense
331000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
471000 USD
us-gaap Interest Expense
InterestExpense
815000 USD
us-gaap Interest Expense
InterestExpense
1305000 USD
CY2021Q4 us-gaap Interest Income Operating
InterestIncomeOperating
20000 USD
CY2020Q4 us-gaap Interest Income Operating
InterestIncomeOperating
4000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
59000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
99000 USD
CY2021Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-311000 USD
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-467000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-756000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1206000 USD
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5175000 shares
CY2021Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
50.00
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
245813000 USD
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
13126000 USD
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3316000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
26255000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
9616000 USD
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
13126000 USD
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3316000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
26255000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
9616000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
197000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
279000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12929000 USD
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3316000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25976000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9616000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3211354 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.67
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
1030624 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.06
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
57041 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.66
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2123689 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
5.34
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M12D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
138459000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1549528 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.37
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M13D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
102524000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
265587 shares
phr Share Based Compensation Arrangements By Share Based Payment Award Options Vested In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageExercisePrice
5.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
58082000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
52537000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2005000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1116000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1117000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2233000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
22561000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
13802000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8759000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4200000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5027000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9227000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.038
phr Operating Lease Cost Excluding Variable Lease Cost
OperatingLeaseCostExcludingVariableLeaseCost
801000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
207000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1008000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3413000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
280000 USD
phr Finance Lease Cost
FinanceLeaseCost
3693000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
280000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
289000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1172000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1186000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4286000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
793000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3224000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
52000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
791000 USD
CY2021Q4 phr Lessee Operating Lease Liability To Be Paid After Year Three
LesseeOperatingLeaseLiabilityToBePaidAfterYearThree
0 USD
CY2021Q4 phr Finance Lease Liability To Be Paid After Year Three
FinanceLeaseLiabilityToBePaidAfterYearThree
158000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2320000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
9631000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
87000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
404000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2233000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9227000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
905000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3175000 USD
phr Lease Payments
LeasePayments
4360000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
81000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2645000 USD
phr Right Of Use Asset Obtained In Exchange For Lease Liability
RightOfUseAssetObtainedInExchangeForLeaseLiability
2726000 USD
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1100000 USD
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
178000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
615000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
194000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
371000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.009
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.020
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-36343000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-6713000 USD
us-gaap Net Income Loss
NetIncomeLoss
-71710000 USD
us-gaap Net Income Loss
NetIncomeLoss
-19196000 USD
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51020271 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51020271 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38511370 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38511370 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49943049 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49943049 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37855503 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37855503 shares
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.71
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.71
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4894521 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5905279 shares

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