Company: TALK
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000950170-25-038107
Chunk: 97

Company: Talkspace, Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 97
---
 138,677

    $
    142,221

    LIABILITIES AND STOCKHOLDERS’ EQUITY

    CURRENT LIABILITIES:

    Accounts payable
     
    $
    7,710

    $
    6,111

    Accrued expenses and other current liabilities

    8,031

    12,468

    Deferred revenues

    3,282

    3,069

    Total current liabilities

    19,023

    21,648

    Warrant liabilities

    1,690

    1,842

    Other long-term liabilities

    569

    85

    Total liabilities

    21,282

    23,575

    Commitments and contingencies (Note 8)

    STOCKHOLDERS’ EQUITY:

    Common stock of $0.0001 par value — Authorized: 1,000,000,000 shares at December 31, 2024 and 2023; Issued and outstanding: 168,849,591 and 168,428,856 shares at December 31, 2024 and 2023, respectively

    17

    16

    Additional paid-in capital

    386,612

    389,014

    Accumulated deficit

    (269,236
    )

    (270,384
    )

    Accumulated other comprehensive income

    2

    —

    Total stockholders’ equity

    117,395

    118,646

    Total liabilities and stockholders’ equity
     
    $
    138,677

    $
    142,221

The accompanying notes are an integral part of the consolidated financial statements. 

59

TALKSPACE, INC.

CONSOLIDATED STATEMENTS OF INCOME

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

    Year Ended December 31,

    2024

    2023

    2022

    Revenues
     
    $
    187,593

    $
    150,045

    $
    119,567

    Cost of revenues

    101,757

    75,665

    59,229

    Gross profit

    85,836

    74,380

    60,338

    Operating expenses:

    Research and development, net