Company: TALK
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000950170-25-067550
Chunk: 0

Company: Talkspace, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 0
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TALKSPACE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS 

     March 31, 2025

     December 31, 2024

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

     ASSETS

     CURRENT ASSETS:

     Cash and cash equivalents
      
     $
     60,077

     $
     76,692

     Marketable securities

     48,274

     41,118

     Accounts receivable, net

     13,249

     9,643

     Other current assets

     2,519

     2,729

     Total current assets

     124,119

     130,182

     Fixed assets, net

     8,016

     6,259

     Other long-term assets

     2,110

     2,236

     Total assets
      
     $
     134,245

     $
     138,677

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     CURRENT LIABILITIES:

     Accounts payable
      
     $
     10,526

     $
     7,710

     Accrued expenses and other current liabilities

     4,744

     8,031

     Deferred revenues

     3,849

     3,282

     Total current liabilities

     19,119

     19,023

     Warrant liabilities

     1,206

     1,690

     Other long-term liabilities

     502

     569

     Total liabilities

     20,827

     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 March 31, 2025 (unaudited) and December 31, 2024; shares issued and outstanding: 167,856,396 and 168,849,591 as of March 31, 2025 (unaudited) and December 31, 2024, respectively.

     17

     17

     Additional paid-in capital

     382,292

     386,612

     Accumulated deficit

     (268