XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statement of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues $ 30,983 $ 17,877 $ 58,140 $ 28,997
Cost of Revenues 11,697 5,570 21,511 10,980
Gross Profit 19,286 12,307 36,629 18,017
Operating expenses:        
Research and development, net 4,781 2,400 7,745 5,128
Clinical operations 1,913 759 3,990 1,636
Sales and marketing 26,443 8,442 48,694 17,360
General and administrative 13,710 1,347 16,318 2,461
Total operating expenses 46,847 12,948 76,747 26,585
Operating loss 27,561 641 40,118 8,568
Financial expense (income), net 2,870 (1) 3,043 (31)
Loss before taxes on income 30,431 640 43,161 8,537
Taxes on income 10 6 18 9
Net loss 30,441 646 43,179 8,546
Other comprehensive income (loss) 0 0 0 0
Comprehensive loss $ 30,441 $ 646 $ 43,179 $ 8,546
Net loss per share (1):        
Basic and diluted net loss per share [1] $ 1.15 $ 0.05 $ 2.15 $ 0.64
Weighted average number of common shares used in computing basic and diluted net loss per share [1] 26,362,369 13,367,502 20,097,094 13,334,965
[1] Prior period results have been adjusted to reflect the exchange of Old Talkspace’s common stock for Talkspace’s common stock at an exchange ratio of approximately 1.134140 in June 2021 as a result of the Business Combination. See Note 3, “Business Combination,” for further details.