Name | Value |
---|---|
Revenues | 42.4M |
Cost of Revenue | 21.4M |
Gross Profit | 21.0M |
Operating Expense | 23.6M |
Operating I/L | -2.6M |
Other Income/Expense | 1.3M |
Interest Income | 1.3M |
Pretax | -1.3M |
Income Tax Expense | 0.1M |
Net Income/Loss | -1.3M |
Talkspace, Inc. is a virtual behavioral healthcare company that provides encrypted web and mobile platforms for delivering a range of treatment options, including psychiatry, adolescent, individual, and couples therapy. Members can communicate with their therapists via text, video, and voice messages, as well as engage in live video sessions, making mental health care more accessible and convenient. The company generates revenue through subscription-based models, offering various therapy plans and packages to its members, thereby monetizing its virtual healthcare services.