secwatch.observer — SEC 8-K summary
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Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0000950170-22-007056
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace Q1 revenue $30M (+11% YoY); net loss widens to $20.4M
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- Revenue $30.2M, up 11% YoY; B2B revenue grew 50% partially offset by 7% B2C decline.
- Net loss $20.4M vs $12.7M a year ago; adjusted EBITDA loss $18.4M vs $10.6M.
- B2B eligible lives 76.5M (+54%); completed B2B sessions 90.6k (+68%).
- Gross margin fell to 50% from ~64% on mix shift to B2B and higher therapist costs.
- Cash $184M; management cited B2C conversion improvements but no guidance change.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022007056/0000950170-22-007056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022007056/talk-20220503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007056

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