Company: TALK
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000950170-25-038107
Chunk: 156

Company: Talkspace, Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 156
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 of the consolidated financial statements.

62

TALKSPACE, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

U.S. dollars in thousands

    Year Ended December 31,

    2024

    2023

    2022

    Cash flows from operating activities:

    Net income (loss)
     
    $
    1,148

    $
    (19,182
    )
     
    $
    (79,672
    )

    Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:

    Depreciation and amortization

    859

    1,196

    1,357

    Stock-based compensation

    9,173

    8,395

    12,116

    Remeasurement of warrant liabilities

    (152
    )

    903

    (3,131
    )

    Impairment of goodwill

    —

    —

    6,134

    Decrease (increase) in accounts receivable

    531

    (534
    )

    (4,126
    )

    Decrease (increase) in other current assets

    2,989

    (1,346
    )

    5,080

    Increase (decrease) in accounts payable

    1,599

    (350
    )

    (968
    )

    Increase (decrease) in deferred revenues

    213

    (1,286
    )

    (2,831
    )

    (Decrease) increase in accrued expenses and other current liabilities

    (4,437
    )

    (4,034
    )

    4,862

    Other

    (219
    )

    (155
    )

    102

    Net cash provided by (used in) operating activities

    11,704

    (16,393
    )

    (61,077
    )

    Cash flows from investing activities:

    Purchases of marketable securities

    (41,118
    )

    —

    —

    Capitalized internal-use software costs

    (5,443
    )

    —

    —

    Other

    (171
    )

    (141
    )

    (317
    )

    Net cash used in investing activities

    (46,732
    )

    (141
    )

    (317