Company: TALK
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000950170-25-067550
Chunk: 9

Company: Talkspace, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 9
---
 that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the condensed consolidated financial statements. The Company’s significant estimates and assumptions used in these condensed consolidated financial statements include, but are not limited to, the recognition of revenue, stock-based compensation awards and internal-use software costs. The Company bases its estimates on historical factors, current circumstances and the experience and judgment of management. The Company evaluates its assumptions on an ongoing basis. The Company’s management believes that the estimates, judgments, and assumptions used are reasonable based on information available at the time they are made. Estimates, by their nature, are based on judgment and available information, therefore, actual results could be materially different from these estimates.Operating SegmentsTalkspace provides virtual behavioral healthcare services through its online platform for one-on-one therapy delivered via  messaging, audio and video. The Company's chief operating decision maker ("CODM") is the Chief Executive Officer,  who manages the Company by reviewing consolidated results. Accordingly, the Company operates as one operating and  reportable segment.