secwatch.observer — SEC 8-K summary
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Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0000950170-22-001612
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace reports FY 2021 revenue up 49% to $114M, net loss widens to $63M
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- Revenue $113.7M (+49% YoY); B2B eligible lives up 75% to 69M.
- Gross margin fell to 59% (down ~700bps) from mix shift to B2B and revenue reserves.
- Net loss $62.7M vs $21.7M prior year; Adjusted EBITDA loss $60.9M.
- Q4 revenue $29.2M (+14%); B2C revenue declined 15% due to reduced marketing spend.
- Cash and equivalents $198.3M as of Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022001612/0000950170-22-001612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022001612/talk-20220222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001612

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer