Company: TALK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000950170-25-106018
Chunk: 0

Company: Talkspace, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 0
---
TALKSPACE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS 

     June 30, 2025

     December 31, 2024

     (U.S. dollars in thousands, except share and per share data)
      
     Unaudited

     ASSETS

     CURRENT ASSETS:

     Cash and cash equivalents
      
     $
     54,342

     $
     76,692

     Marketable securities

     48,427

     41,118

     Accounts receivable, net

     15,422

     9,643

     Other current assets

     2,476

     2,729

     Total current assets

     120,667

     130,182

     Fixed assets, net

     10,136

     6,259

     Other long-term assets

     1,983

     2,236

     Total assets
      
     $
     132,786

     $
     138,677

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     CURRENT LIABILITIES:

     Accounts payable
      
     $
     8,618

     $
     7,710

     Accrued expenses and other current liabilities

     7,056

     8,031

     Deferred revenue

     2,866

     3,282

     Total current liabilities

     18,540

     19,023

     Warrant liabilities

     862

     1,690

     Other long-term liabilities

     443

     569

     Total liabilities

     19,845

     21,282

     Commitments and contingencies (Note 6)

     STOCKHOLDERS’ EQUITY:

     Common stock of $0.0001 par value per share:Shares authorized: 1,000,000,000 as of June 30, 2025 (unaudited) and December 31, 2024; shares issued and outstanding: 167,944,188 and 168,849,591 as of June 30, 2025 (unaudited) and December 31, 2024, respectively.

     17

     17

     Additional paid-in capital

     382,364

     386,612

     Accumulated deficit

     (269,459