← Talkspace, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Income ($29.1m) ($1.6m) ($62.7m) ($79.7m) ($19.2m) $1.1m $7.8m
Net Income From Continuing Operations — — — ($79.7m) ($19.2m) $1.1m $7.8m
Depreciation and amortization $59k $379k $2.0m $1.4m $1.2m $859k $2.9m
Amortization Of Securities — — — — $0 ($417k) ($856k)
Depreciation Amortization Depletion — — — $1.4m $1.2m $859k $2.9m
Asset Impairment Charge — — $0 $6.1m $0 $0 —
Accretion of discount on marketable securities, net — — — — $0 ($417k) ($856k)
Stock-based compensation $3.4m $3.0m $27.4m $12.1m $8.4m $9.2m $8.4m
Remeasurement of warrant liabilities — $0 ($31.8m) ($3.1m) $903k ($152k) ($1.5m)
Decrease (increase) in accounts receivable ($840k) ($5.0m) $402k ($4.1m) ($534k) $531k ($6.4m)
Decrease (increase) in other current assets ($216k) ($695k) ($8.1m) $5.1m ($1.3m) $3.0m $405k
Increase (decrease) in accounts payable $3.3m $2.6m $503k ($968k) ($350k) $1.6m $791k
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)
Other — $0 $0 $102k ($155k) ($171k) ($72k)
Purchases of marketable securities — — — $0 $0 ($41.1m) ($49.3m)
Proceeds from maturities of marketable securities — — — — $0 $0 $36.1m
Capitalized internal-use software costs — — — $0 $0 ($5.4m) ($10.6m)
Proceeds from exercise of stock options $297k $94k $2.1m $3.2m $2.7m $2.0m $913k
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
Lease liabilities arising from obtaining right-of-use assets — $0 $0 $466k $0 $595k $0
Beginning Cash Position — — — $198.3m $138.5m $123.9m $76.7m
Cash Flow From Continuing Financing Activities — — — $1.7m $1.9m ($12.2m) ($19.0m)
Cash Flow From Continuing Investing Activities — — — ($317k) ($141k) ($46.3m) ($28.9m)
Change In Account Payable — — — ($968k) ($350k) $1.6m $791k
Change In Accrued Expense — — — $4.9m ($4.0m) ($4.4m) ($1.6m)
Change In Other Current Assets — — — $5.1m ($1.3m) $3.0m $405k
Change In Other Current Liabilities — — $0 $102k — — —
Change In Other Working Capital — — — ($2.8m) ($1.3m) $213k ($1.2m)
Change In Payable — — — ($968k) ($350k) $1.6m $791k
Change In Payables And Accrued Expense — — — $3.9m ($4.4m) ($2.8m) ($853k)
Change In Receivables — — — ($4.1m) ($534k) $531k ($6.4m)
Change In Working Capital — — — $2.0m ($7.5m) $895k ($8.0m)
Changes In Account Receivables — — — ($4.1m) ($534k) $531k ($6.4m)
Changes In Cash — — — ($59.7m) ($14.6m) ($47.2m) ($39.3m)
End Cash Position — — — $138.5m $123.9m $76.7m $37.4m
Financing Cash Flow — — — $1.7m $1.9m ($12.2m) ($19.0m)
Free Cash Flow — — — ($61.1m) ($16.4m) $5.8m ($2.1m)
Gain Loss On Investment Securities — — — ($3.1m) $903k ($152k) ($1.5m)
Investing Cash Flow — — — ($317k) ($141k) ($46.3m) ($28.9m)
Net Business Purchase And Sale — — — $0 $0 $0 ($4.9m)
Net Intangibles Purchase And Sale — — $0 $0 — — —
Net PPE Purchase And Sale — — ($663k) ($317k) ($141k) — —
Operating Gains Losses — — — ($3.1m) $903k ($152k) ($1.5m)
Other Non Cash Items — — — $102k ($155k) ($219k) ($184k)
Proceeds From Stock Option Exercised — — — $3.2m $2.7m $2.0m $913k
Purchase Of Business — — — $0 $0 $0 ($4.9m)
Purchase Of Intangibles — — $0 $0 — — —
Purchase Of PPE — — ($663k) ($350k) ($151k) — —
Repurchase Of Capital Stock — — — $0 $0 ($11.0m) ($17.2m)
Sale Of PPE — — $0 $33k $10k — —
Net cash provided by (used in) operating activities ($21.2m) ($261k) ($65.7m) ($61.1m) ($16.4m) $11.7m $8.5m
Capital Expenditure — — — ($350k) ($151k) ($5.4m) ($10.6m)
Capital Expenditure Reported — — — $0 $0 ($5.4m) ($10.6m)
Acquisition of business, net of cash acquired — — — — $0 $0 ($4.9m)
Net Investment Purchase And Sale — — — $0 $0 ($40.7m) ($13.3m)
Purchase Of Investment — — — $0 $0 ($40.7m) ($49.3m)
Sale Of Investment — — — — $0 $0 $36.1m
Net Other Investing Changes — — — ($317k) ($141k) ($171k) ($72k)
Net cash used in investing activities ($138k) ($414.0m) ($663k) ($317k) ($141k) ($46.7m) ($28.9m)
Issuance Of Debt — — $6.0m $0 $0 — —
Long Term Debt Issuance — — $6.0m $0 $0 — —
Net Issuance Payments Of Debt — — $0 $0 $0 — —
Net Long Term Debt Issuance — — $0 $0 $0 — —
Long Term Debt Payments — — ($6.0m) $0 $0 — —
Repayment Of Debt — — ($6.0m) $0 $0 — —
Issuance of common stock as consideration for acquisition — — — — $0 $0 $1.5m
Net Common Stock Issuance — — — $0 $0 ($11.0m) ($17.2m)
Repurchase of common stock for retirement — — — $0 $0 ($11.0m) ($17.2m)
Excise tax liability incurred for repurchase of common stock — — — — $0 $0 $86k
Common Stock Payments — — — $0 $0 ($11.0m) ($17.2m)
Net Other Financing Charges — — — ($1.5m) ($810k) ($3.2m) ($2.7m)
Net cash (used in) provided by financing activities $51.5m $415.4m $251.4m $1.7m $1.9m ($12.2m) ($19.0m)
Net decrease in cash and cash equivalents $30.2m ($26.4m) $185.0m ($59.7m) ($14.6m) ($47.2m) ($39.3m)
Cash and cash equivalents at the beginning of the year $9.5m $39.6m $13.2m $138.5m $123.9m $76.7m $37.4m
Change In Cash Supplemental As Reported — — — ($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

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.