XML 35 R22.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Summary of Fair Value Measurements

The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis at June 30, 2021 and December 31, 2020 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

 

 

 

Level

 

June 30, 2021

 

 

December 31, 2020

 

Liabilities:

 

 

 

 

 

 

 

 

Warrant liability – Private Placement Warrants

 

3

 

$

38,897

 

 

$

-

 

Warrant liability – warrants to purchase Old Talkspace’s preferred D shares

 

3

 

 

-

 

 

 

444

 

Summary of warrants

The following table presents the changes in the fair value of warrant liabilities:

 

 

 

Private Placement

 

 

Old Talkspace Warrants

 

Balance at December 31, 2020

 

$

-

 

 

$

444

 

Acquired in Business Combination

 

 

32,399

 

 

 

-

 

Issued in connection with closure of the Forward Purchase Agreement

 

 

7,879

 

 

 

-

 

Change in value

 

 

(1,381

)

 

 

165

 

Converted into equity

 

 

-

 

 

 

(609

)

Balance at June 30, 2021

 

$

38,897

 

 

$

-