10-Q/A Filing

Talkspace, Inc. CIK: 1803901 Q1 2021

Filing Information

Form Type	10-Q/A
Accession Number	`0001193125-21-170723`
Period End Date	20210331
Filing Date	20210524
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	heccu-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 13 Cash Flow Statement 21 Stockholders Equity 13

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Class A common stock, subject to possible redemption, shares	`TemporaryEquitySharesOutstanding`	33.66M	shares	Point-in-time
Class A common stock, subject to possible redemption, shares	`TemporaryEquitySharesOutstanding`	34.69M	shares	Point-in-time
Class A Common stock, Subject to possible redemption, per share	`TemporaryEquityRedemptionPricePerShare`	$10.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$377.29K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$151.33K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$118.53K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.30M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$528.63K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities held in trust account	`AssetsHeldInTrustNoncurrent`	$414.23M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities held in trust account	`AssetsHeldInTrustNoncurrent`	$414.28M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$415.53M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$414.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.63M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$10.07K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$10.07K	USD	Point-in-time
Promissory note related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.59K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.60M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.64M	USD	Point-in-time
FPA Liability	`FpaLiability`	$4.22M	USD	Point-in-time
FPA Liability	`FpaLiability`	$1.65M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$53.59M	USD	Point-in-time
Warrant liability	`WarrantsAndRightsOutstanding`	$45.13M	USD	Point-in-time
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$14.49M	USD	Point-in-time
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$14.49M	USD	Point-in-time
Total Liabilities	`Liabilities`	$73.95M	USD	Point-in-time
Total Liabilities	`Liabilities`	$62.87M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$21.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$32.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-16.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.24M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-24.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$414.80M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$415.53M	USD	Point-in-time

Income Statement 13 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$728.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-728.42K	USD	1 Quarter
Change in fair value of Warrants	`FairValueAdjustmentOfWarrants`	$-8.47M	USD	1 Quarter
Change in fair value of FPA	`FairValueAdjustmentsOfFpa`	$-2.58M	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestEarnedOnMarketableSecuritiesHeldInTrustAccount`	$47.15K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$11.09M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.36M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$10.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.00K	USD	1 Quarter

Cash Flow Statement 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$10.36M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Change in fair value of Warrants	`FairValueAdjustmentOfWarrants`	$-8.47M	USD	1 Quarter
Change in fair value of FPA	`FairValueAdjustmentsOfFpa`	$-2.58M	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestEarnedOnMarketableSecuritiesHeldInTrustAccount`	$47.15K	USD	1 Quarter
Operating costs paid through promissory note	`OperatingCostsPaidThroughPromissoryNote`	$-2.59K	USD	1 Quarter
Formation cost paid by Sponsor	`FormationCostsPaidBySponsor`	$-728.00	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$32.81K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-42.44K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$272.00	USD	1 Quarter
Net used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-801.08K	USD	1 Quarter
Net Change in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-801.08K	USD	1 Quarter
Cash Beginning	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash Beginning	`CashAndCashEquivalentsAtCarryingValue`	$377.29K	USD	Point-in-time
Cash Ending	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash Ending	`CashAndCashEquivalentsAtCarryingValue`	$377.29K	USD	Point-in-time
Change in value of common stock subject to possible redemption	`SharesSubjectToPossibleRedemptionAmount`	$10.36M	USD	1 Quarter
Offering costs included in accrued offering costs	`OfferingCostsIncludedInOfferingCosts`	$5.00K	USD	1 Quarter
Deferred offering costs paid directly by Sponsor in consideration for the issuance of Class B common stock	`DeferredOfferingCostsPaidDirectlyBySponsor`	$25.00K	USD	1 Quarter
Payment of offering costs through promissory note related party	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$72.70K	USD	1 Quarter
Deferred underwriting commissions	`DeferredUnderwritingFeePayables`	-	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Stock split ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	1.20	pure	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-24.00K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.00M	USD	Point-in-time
Change in value of common stock subject to possible redemption - value	`MinorityInterestChangeInRedemptionValue`	$-10.36M	USD	1 Quarter
Issuance of Class B common stock to initial stockholders , value	`StockIssuedDuringPeriodValueIssuedForServices`	$25.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$10.36M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-24.00K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	-	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.