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Condensed Consolidated Statement of Changes in Stockholders' Deficit - USD ($)
$ in Thousands
Total
Groop
Convertible Preferred Stock
Convertible Preferred Stock
Groop
Additional Paid-in Capital
Additional Paid-in Capital
Groop
Accumulated Deficit
Accumulated Deficit
Groop
Common stock
Common stock
Groop
Beginning balance, value at Dec. 31, 2019 [1]     $ 111,282              
Beginning balance, shares at Dec. 31, 2019 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2019 $ (79,599)       $ 6,818 [1]   $ (86,418)   $ 1 [1]  
Beginning balance, shares at Dec. 31, 2019 [1]                 13,223,673  
Exercise of stock options [1]     0           122,004  
Exercise of stock options , Value 54   $ 0 [1]   54 [1]   0      
Stock-based compensation 401   0 [1]   401 [1]   0   $ 0 [1]  
Net loss (7,900)   0 [1]   0 [1]   (7,900)   0 [1]  
Ending balance, value at Mar. 31, 2020 (87,044)       7,273 [1]   (94,318)   $ 1 [1]  
Ending balance, shares at Mar. 31, 2020 [1]                 13,345,677  
Ending balance, value at Mar. 31, 2020 [1]     $ 111,282              
Ending balance, shares at Mar. 31, 2020 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2019 [1]     $ 111,282              
Beginning balance, shares at Dec. 31, 2019 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2019 (79,599)       6,818 [1]   (86,418)   $ 1 [1]  
Beginning balance, shares at Dec. 31, 2019 [1]                 13,223,673  
Net loss (8,546)                  
Ending balance, value at Jun. 30, 2020 (87,350)       7,613 [1]   (94,964)   $ 1 [1]  
Ending balance, shares at Jun. 30, 2020 [1]                 13,375,193  
Ending balance, value at Jun. 30, 2020 [1]     $ 111,282              
Ending balance, shares at Jun. 30, 2020 [1]     94,582,550              
Beginning balance, value at Mar. 31, 2020 [1]     $ 111,282              
Beginning balance, shares at Mar. 31, 2020 [1]     94,582,550              
Beginning balance, value at Mar. 31, 2020 (87,044)       7,273 [1]   (94,318)   $ 1 [1]  
Beginning balance, shares at Mar. 31, 2020 [1]                 13,345,677  
Exercise of stock options [1]     0           29,516  
Exercise of stock options , Value 8   $ 0 [1]   8 [1]   0      
Stock-based compensation 332   0 [1]   332 [1]   0   $ 0 [1]  
Net loss (646)   0 [1]   0 [1]   (646)   0 [1]  
Ending balance, value at Jun. 30, 2020 (87,350)       7,613 [1]   (94,964)   $ 1 [1]  
Ending balance, shares at Jun. 30, 2020 [1]                 13,375,193  
Ending balance, value at Jun. 30, 2020 [1]     $ 111,282              
Ending balance, shares at Jun. 30, 2020 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2020 [1]     $ 111,282              
Beginning balance, shares at Dec. 31, 2020 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2020 $ (98,898)       9,889   (108,788)   $ 1 [1]  
Beginning balance, shares at Dec. 31, 2020 13,413,431               13,413,431 [1]  
Exercise of stock options [1]     0           684,923  
Exercise of stock options , Value $ 797   $ 0 [1]   797   0      
Stock-based compensation 1,513   0 [1]   1,513   0   $ 0 [1]  
Issuance of warrants 125   0 [1]   125   0   0 [1]  
Net loss (12,738)   0 [1]   0   (12,738)   0 [1]  
Ending balance, value at Mar. 31, 2021 (109,201)       12,324   (121,526)   $ 1 [1]  
Ending balance, shares at Mar. 31, 2021 [1]                 14,098,354  
Ending balance, value at Mar. 31, 2021 [1]     $ 111,282              
Ending balance, shares at Mar. 31, 2021 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2020 [1]     $ 111,282              
Beginning balance, shares at Dec. 31, 2020 [1]     94,582,550              
Beginning balance, value at Dec. 31, 2020 $ (98,898)       9,889   (108,788)   $ 1 [1]  
Beginning balance, shares at Dec. 31, 2020 13,413,431               13,413,431 [1]  
Exercise of stock options [2] 3,302,831                  
Net loss $ (43,179)                  
Ending balance, value at Jun. 30, 2021 $ 202,261       354,213   (151,967)   $ 15 [1]  
Ending balance, shares at Jun. 30, 2021 152,255,736               152,255,736 [1]  
Ending balance, value at Jun. 30, 2021 [1]     $ 0              
Ending balance, shares at Jun. 30, 2021 [1]     0              
Beginning balance, value at Mar. 31, 2021 [1]     $ 111,282              
Beginning balance, shares at Mar. 31, 2021 [1]     94,582,550              
Beginning balance, value at Mar. 31, 2021 $ (109,201)       12,324   (121,526)   $ 1 [1]  
Beginning balance, shares at Mar. 31, 2021 [1]                 14,098,354  
Common stock issued related to exercise of warrants, value 609   $ 0 [1]   609   0      
Common stock issued related to exercise of warrants, shares [1]     0           98,871  
Stock Issued During Period, Shares, New Issues [1]       0           40,858,053
Stock Issued During Period, Value, New Issues   $ 185,743   $ 0 [1]   $ 185,739   $ 0   $ 4 [1]
Exercise of stock options [1]     0           2,617,908  
Exercise of stock options , Value 1,128   $ 0 [1]   1,128   0      
Stock-based compensation 15,196   $ 0 [1]   15,196   0   $ 0 [1]  
Preferred stock conversion, Share [1]     (94,582,550)           94,582,550  
Preferred stock conversion, Value 111,282   $ (111,282) [1]   111,272   0   $ 10 [1]  
Issuance of warrants 27,945   0 [1]   27,945   0   0 [1]  
Net loss (30,441)   0 [1]   0   (30,441)   0 [1]  
Ending balance, value at Jun. 30, 2021 $ 202,261       $ 354,213   $ (151,967)   $ 15 [1]  
Ending balance, shares at Jun. 30, 2021 152,255,736               152,255,736 [1]  
Ending balance, value at Jun. 30, 2021 [1]     $ 0              
Ending balance, shares at Jun. 30, 2021 [1]     0              
[1]

(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.

[2] Number of options and the weighted average exercise price 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.