Convertible Preferred Stock (Tables)

6 Months Ended

Jun. 30, 2021

Stockholders' Equity Note [Abstract]

Summary of Convertible preferred stock

Prior to the Business Combination, Old Talkspace’s convertible preferred stock consisted of the following:

	December 31, 2020
	Issue Price		Shares Authorized (1)		Shares Issued and Outstanding (1)		Net Carrying Value		Aggregate Liquidation Preference
Seed	$	0.3275		3,895,772		3,895,771	$	1,112	$	1,125
Seed-1		0.3036		8,860,187		8,860,185		2,340		2,372
Seed-2		0.3624		3,755,433		3,755,433		1,150		1,200
Series A		0.5842		18,163,165		18,163,165		9,316		9,356
Series B		1.0413		16,718,570		16,337,364		14,934		15,000
Series C		1.5839		22,412,141		22,412,141		31,226		31,300
Series D		2.7515		21,903,878		21,158,491		51,204		51,332
Total				95,709,146		94,582,550	$	111,282	$	111,685

(1) Shares authorized and shares issued and outstanding 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.