secwatch.observer — SEC 8-K summary
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Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000950170-22-022887
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace Q3 revenue up 11% to $29.3M; net loss widens to $18M
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- Total revenue $29.3M (+11% YoY); B2B revenue surged 117% while B2C declined 33%.
- Net loss of $18M vs net income of $2M in prior-year period; adjusted EBITDA loss improved to $15.5M.
- Added ~9 million eligible lives and 10 new enterprise accounts in Q3.
- Nine-month revenue $89.3M (+6%); B2B eligible lives reached 86.1M (+52%).
- Cash and equivalents $152.6M, down 32% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022022887/0000950170-22-022887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000095017022022887/talk-20221108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-022887

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