{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-018441","form_type":"8-K","ticker":"TALK","cik":"0001803901","company_name":"Talkspace, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.595394+00:00","generated_at":"2026-06-05T19:57:29.374623+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Talkspace Q4 revenue up 40% to $42.4M; net loss narrows; guides 2024 EBITDA positive","bullets":["Q4 payor revenue surged 138% YoY; total revenue $42.4M (+40% YoY).","Adjusted EBITDA loss improved 97% YoY to -$0.3M; net loss -$1.3M vs -$18.3M prior year.","FY 2023 revenue $150.0M (+25% YoY); operating expenses down 32% to $97.6M.","2024 guidance: revenue $185-$195M; adjusted EBITDA $4-$8M, first full-year profitability.","Board authorized $15M share repurchase over 24 months; funded from cash on hand."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-018441","json":"https://secwatch.observer/filing/0000950170-24-018441.json","markdown":"https://secwatch.observer/filing/0000950170-24-018441.md","text":"https://secwatch.observer/filing/0000950170-24-018441.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803901/000095017024018441/0000950170-24-018441-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803901/000095017024018441/talk-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:57:29.374623+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a19062000cf35713fbd6a8f27dca1175876018fd","claim":"Talkspace, Inc. reported the year ended December 31, 2023 results: revenue $150.0 million, net income $(19.2) million. Guidance initiated.","evidence_excerpt":"Full Year 2023 Key Performance Metrics • Revenue increased 25% over the prior year to $150.0 million, driven by a 123% year-over-year increase in Payor revenue and a 19% year-over-year increase in DTE revenue; partially offset by a 35% year-over-year consumer revenue decline. • Gross profit increased 23% over the prior year to $74.4 million, and gross margin declined to 49.6% from 50.5% year-over-year, driven by a shift in revenue mix towards Payor. • Operating expenses were $97.6 million, down 32% year-over-year, driven by a reduction across all of our operating cost categories. • Net loss was $(19.2) million, an improvement from $(79.7) million net loss in 2022, primarily driven by lower operating expenses, and an increase in revenue.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803901/000095017024018441/0000950170-24-018441-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$150.0 million"},{"label":"Net income","value":"$(19.2) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a2510a0489f1a3d976851ca01ede426bd98cfb11","claim":"Talkspace, Inc. reported the three months ended December 31, 2023 results: revenue $42.4 million, net income $(1.3) million. Guidance initiated.","evidence_excerpt":"Fourth Quarter 2023 Key Performance Metrics • Revenue increased 40% over the prior-year period to $42.4 million, driven by a 138% year-over-year increase in Payor revenue and a 3% year-over-year increase in DTE revenue; partially offset by a 26% year-over-year consumer revenue decline. • Gross profit increased 30% over the prior-year period to $21.0 million, and gross margin declined to 49.4% from 53.5% year-over-year, driven by a shift in revenue mix towards Payor consistent with our strategic objectives. • Operating expenses were $23.6 million, down 37% year-over-year, driven by a reduction across all of our operating cost categories. • Net loss was $(1.3) million, an improvement from $(18.3) million net loss in the fourth quarter of 2022, primarily driven by lower operating expenses, and an increase in revenue.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803901/000095017024018441/0000950170-24-018441-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Revenue","value":"$42.4 million"},{"label":"Net income","value":"$(1.3) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}