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Talkspace (Talkspace) Other Current Assets : $4.4 Mil (As of Mar. 2024)


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What is Talkspace Other Current Assets?

Talkspace's other current assets for the quarter that ended in Mar. 2024 was $4.4 Mil.

Talkspace's quarterly other current assets increased from Sep. 2023 ($4.4 Mil) to Dec. 2023 ($5.7 Mil) but then declined from Dec. 2023 ($5.7 Mil) to Mar. 2024 ($4.4Mil).

Talkspace's annual other current assets declined from Dec. 2021 ($9.6 Mil) to Dec. 2022 ($4.4 Mil) increased from Dec. 2022 ($4.4 Mil) to Dec. 2023 ($5.7 Mil).


Talkspace Other Current Assets Historical Data

The historical data trend for Talkspace's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Talkspace Other Current Assets Chart

Talkspace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
- 1.52 9.56 4.37 5.72

Talkspace Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.81 2.92 4.41 5.72 4.42

Talkspace Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Talkspace Other Current Assets Related Terms

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Talkspace (Talkspace) Business Description

Traded in Other Exchanges
N/A
Address
622 Third Avenue, New York, NY, USA, 10017
Talkspace Inc is a behavioral healthcare company enabled by a purpose-built technology platform. Talkspace provides individuals and licensed therapists, psychologists and psychiatrists with an online platform for one-on-one therapy delivered via messaging, audio and video. The Company offers access to a fully credentialed network of providers. The majority of the Company's operations are based in the United States.
Executives
Steven Dziedzic officer: Chief Product Officer C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
John Charles Reilly officer: General Counsel and Secretary C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Jon R Cohen director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Gil Margolin officer: Chief Technology Officer C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Michael E Hansen director C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
Douglas L Braunstein director, officer: President, Chairman HUDSON EXECUTIVE CAPITAL LP, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Jeffrey Crowe director 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Hudson Executive Capital Lp 10 percent owner C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Erin Boyd officer: Chief Growth Officer C/O TALKSPACE, INC., 2578 BROADWAY #607, NEW YORK NY 10025
Jennifer Fulk officer: Chief Financial Officer C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Hec Management Gp Llc 10 percent owner 1185 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10036
Curtis Warfield director 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Erez Shachar director C/O EVERGREEN VENTURE PARTNERS, 25 HABARZEL ST., TEL-AVIV L3 69710
Mark Hirschhorn officer: President, COO and CFO
Jacqueline E Yeaney director 2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319

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