Company: TALK
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001193125-25-268231
Chunk: 0

Company: Talkspace, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 0
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TALKSPACE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS 

     September 30, 2025

     December 31, 2024

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

     ASSETS

     CURRENT ASSETS:

     Cash and cash equivalents (1)
      
     $
     39,508

     $
     76,692

     Restricted cash

     4,145

     —

     Marketable securities

     52,100

     41,118

     Accounts receivable, net (1)

     14,927

     9,643

     Other current assets

     3,800

     2,729

     Total current assets

     114,480

     130,182

     Fixed assets, net

     12,728

     6,259

     Other long-term assets

     1,852

     2,236

     Total assets
      
     $
     129,060

     $
     138,677

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     CURRENT LIABILITIES:

     Accounts payable
      
     $
     9,617

     $
     7,710

     Accrued expenses and other current liabilities (1)

     6,649

     8,031

     Deferred revenue

     3,112

     3,282

     Total current liabilities

     19,378

     19,023

     Other long-term liabilities

     577

     2,259

     Total liabilities

     19,955

     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 September 30, 2025 (unaudited) and December 31, 2024; shares issued and outstanding: 165,105,058 and 168,849,591 as of September 30, 2025 (unaudited) and December 31, 2024, respectively.

     17

     17

     Additional paid-in capital

     375,235

     386,612

     Accumulated deficit