← Talkspace, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | ($29.1m) |
($1.6m)
+94.64%
|
($62.7m)
-3926.84%
|
($79.7m)
-26.98%
|
($19.2m)
+75.92%
|
$1.1m
+105.98%
|
$7.8m
+578.83%
|
$194k
-97.51%
|
|
| Depreciation and amortization | $59k | $379k | $2.0m | $1.4m | $1.2m | $859k | $2.9m | $4.6m | |
| Amortization Of Securities | — | — | — | — | $0 | ($417k) | ($856k) | ($531k) | |
| Depreciation Amortization Depletion | — | — | — | $1.4m | $1.2m | $859k | $2.9m | $4.6m | |
| Stock-based compensation | $3.4m | $3.0m | $27.4m | $12.1m | $8.4m | $9.2m | $8.4m | $8.8m | |
| Payments for employee taxes withheld related to vested stock-based awards | — | $0 | $0 | ($853k) | ($810k) | ($3.2m) | ($2.7m) | — | |
| Stock-based compensation capitalized as part of capitalization of internal-use software costs | — | — | — | $0 | $0 | $614k | $922k | $8.8m | |
| Asset Impairment Charge | — | — | $0 | $6.1m | $0 | $0 | — | $0 | |
| Change In Working Capital | — | — | — | $2.0m | ($7.5m) | $895k | ($8.0m) | $5.1m | |
| Decrease (increase) in accounts receivable | ($840k) | ($5.0m) | $402k | ($4.1m) | ($534k) | $531k | ($6.4m) | — | |
| Change In Receivables | — | — | — | ($4.1m) | ($534k) | $531k | ($6.4m) | ($22k) | |
| Changes In Account Receivables | — | — | — | ($4.1m) | ($534k) | $531k | ($6.4m) | ($22k) | |
| Increase (decrease) in accounts payable | $3.3m | $2.6m | $503k | ($968k) | ($350k) | $1.6m | $791k | $2.3m | |
| Change In Payables And Accrued Expense | — | — | — | $3.9m | ($4.4m) | ($2.8m) | ($853k) | $2.3m | |
| Increase (decrease) in deferred revenues | $1.2m | $2.0m | $2.0m | ($2.8m) | ($1.3m) | $213k | ($1.2m) | — | |
| (Decrease) increase in accrued expenses and other current liabilities | $1.0m | $5.0m | $4.4m | $4.9m | ($4.0m) | ($4.4m) | ($1.6m) | — | |
| Change In Accrued Expense | — | — | — | $4.9m | ($4.0m) | ($4.4m) | ($1.6m) | $3.3m | |
| Decrease (increase) in other current assets | ($216k) | ($695k) | ($8.1m) | $5.1m | ($1.3m) | $3.0m | $405k | — | |
| Other | — | $0 | $0 | $102k | ($155k) | ($171k) | ($72k) | — | |
| Change In Other Current Assets | — | — | — | $5.1m | ($1.3m) | $3.0m | $405k | ($6k) | |
| Net cash provided by (used in) operating activities | ($21.2m) |
($261k)
+98.77%
|
($65.7m)
-25046.18%
|
($61.1m)
+7.05%
|
($16.4m)
+73.16%
|
$11.7m
+171.40%
|
$8.5m
-27.08%
|
$17.1m
+100.27%
|
|
| Capital Expenditure | — | — | — | ($350k) | ($151k) | ($5.4m) | ($10.6m) | ($12.5m) | |
| Capital Expenditure Reported | — | — | — | $0 | $0 | ($5.4m) | ($10.6m) | ($12.5m) | |
| Accretion of discount on marketable securities, net | — | — | — | — | $0 | ($417k) | ($856k) | — | |
| Purchases of marketable securities | — | — | — | $0 | $0 | ($41.1m) | ($49.3m) | — | |
| Proceeds from maturities of marketable securities | — | — | — | — | $0 | $0 | $36.1m | — | |
| Net Other Investing Changes | — | — | — | ($317k) | ($141k) | ($171k) | ($72k) | ($54k) | |
| Net cash used in investing activities | ($138k) | ($414.0m) | ($663k) | ($317k) | ($141k) | ($46.7m) | ($28.9m) | ($20.3m) | |
| Issuance Of Debt | — | — | $6.0m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | $6.0m | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | ($6.0m) | $0 | $0 | — | — | — | |
| Net Issuance Payments Of Debt | — | — | $0 | $0 | $0 | — | — | — | |
| Net Long Term Debt Issuance | — | — | $0 | $0 | $0 | — | — | — | |
| Repayment Of Debt | — | — | ($6.0m) | $0 | $0 | — | — | — | |
| Repurchase of common stock for retirement | — | — | — | $0 | $0 | ($11.0m) | ($17.2m) | — | |
| Issuance of common stock as consideration for acquisition | — | — | — | — | $0 | $0 | $1.5m | — | |
| Excise tax liability incurred for repurchase of common stock | — | — | — | — | $0 | $0 | $86k | — | |
| Common Stock Payments | — | — | — | $0 | $0 | ($11.0m) | ($17.2m) | ($8.8m) | |
| Net Common Stock Issuance | — | — | — | $0 | $0 | ($11.0m) | ($17.2m) | ($8.8m) | |
| Repurchase Of Capital Stock | — | — | — | $0 | $0 | ($11.0m) | ($17.2m) | ($8.8m) | |
| Net Other Financing Charges | — | — | — | ($1.5m) | ($810k) | ($3.2m) | ($2.7m) | ($3.5m) | |
| Net cash (used in) provided by financing activities | $51.5m |
$415.4m
+706.66%
|
$251.4m
-39.49%
|
$1.7m
-99.33%
|
$1.9m
+12.72%
|
($12.2m)
-742.49%
|
($19.0m)
-55.87%
|
— | |
| Cash and cash equivalents at the beginning of the year | $9.5m | $39.6m | $13.2m | $138.5m | $123.9m | $76.7m | $37.4m | — | |
| Beginning Cash Position | — | — | — | $198.3m | $138.5m | $123.9m | $76.7m | $54.3m | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Remeasurement of warrant liabilities | — | $0 | ($31.8m) | ($3.1m) | $903k | ($152k) | ($1.5m) | — | |
| Capitalized internal-use software costs | — | — | — | $0 | $0 | ($5.4m) | ($10.6m) | — | |
| Acquisition of business, net of cash acquired | — | — | — | — | $0 | $0 | ($4.9m) | — | |
| Proceeds from exercise of stock options | $297k | $94k | $2.1m | $3.2m | $2.7m | $2.0m | $913k | — | |
| Net decrease in cash and cash equivalents | $30.2m | ($26.4m) | $185.0m | ($59.7m) | ($14.6m) | ($47.2m) | ($39.3m) | — | |
| Cash paid during the year for interest | $45k | $37k | $538k | $68k | $0 | $0 | — | — | |
| Cash paid during the year for income taxes | — | $0 | $0 | $122k | $219k | $96k | $417k | — | |
| Lease liabilities arising from obtaining right-of-use assets | — | $0 | $0 | $466k | $0 | $595k | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | $1.7m | $1.9m | ($12.2m) | ($19.0m) | ($12.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($317k) | ($141k) | ($46.3m) | ($28.9m) | ($20.3m) | |
| Change In Account Payable | — | — | — | ($968k) | ($350k) | $1.6m | $791k | $2.3m | |
| Change In Cash Supplemental As Reported | — | — | — | ($59.7m) | ($14.6m) | ($47.2m) | ($39.3m) | — | |
| Change In Other Working Capital | — | — | — | ($2.8m) | ($1.3m) | $213k | ($1.2m) | ($556k) | |
| Change In Payable | — | — | — | ($968k) | ($350k) | $1.6m | $791k | $2.3m | |
| Changes In Cash | — | — | — | ($59.7m) | ($14.6m) | ($47.2m) | ($39.3m) | ($15.2m) | |
| End Cash Position | — | — | — | $138.5m | $123.9m | $76.7m | $37.4m | $39.2m | |
| Financing Cash Flow | — | — | — | $1.7m |
$1.9m
+12.72%
|
($12.2m)
-742.49%
|
($19.0m)
-55.87%
|
($12.0m)
+37.07%
|
|
| Free Cash Flow | — | — | — | ($61.1m) | ($16.4m) | $5.8m | ($2.1m) | $4.6m | |
| Gain Loss On Investment Securities | — | — | — | ($3.1m) | $903k | ($152k) | ($1.5m) | ($862k) | |
| Investing Cash Flow | — | — | — | ($317k) | ($141k) | ($46.3m) | ($28.9m) | ($20.3m) | |
| Net Business Purchase And Sale | — | — | — | $0 | $0 | $0 | ($4.9m) | ($4.9m) | |
| Net Intangibles Purchase And Sale | — | — | $0 | $0 | — | — | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | $0 | $0 | ($40.7m) | ($13.3m) | ($2.9m) | |
| Net PPE Purchase And Sale | — | — | ($663k) | ($317k) | ($141k) | — | — | ($171k) | |
| Operating Gains Losses | — | — | — | ($3.1m) | $903k | ($152k) | ($1.5m) | ($862k) | |
| Other Non Cash Items | — | — | — | $102k | ($155k) | ($219k) | ($184k) | — | |
| Proceeds From Stock Option Exercised | — | — | — | $3.2m | $2.7m | $2.0m | $913k | $305k | |
| Purchase Of Business | — | — | — | $0 | $0 | $0 | ($4.9m) | ($4.9m) | |
| Purchase Of Intangibles | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Investment | — | — | — | $0 | $0 | ($40.7m) | ($49.3m) | ($61.3m) | |
| Purchase Of PPE | — | — | ($663k) | ($350k) | ($151k) | — | — | ($12.5m) | |
| Sale Of Investment | — | — | — | — | $0 | $0 | $36.1m | $58.4m | |
| Sale Of PPE | — | — | $0 | $33k | $10k | — | — | — |