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TALK (Talkspace) Property, Plant and Equipment : $6.3 Mil (As of Dec. 2024)


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What is Talkspace Property, Plant and Equipment?

Talkspace's quarterly net PPE stayed the same from Jun. 2024 ($0.0 Mil) to Sep. 2024 ($0.0 Mil) but then increased from Sep. 2024 ($0.0 Mil) to Dec. 2024 ($6.3 Mil).

Talkspace's annual net PPE declined from Dec. 2022 ($0.7 Mil) to Dec. 2023 ($0.3 Mil) but then increased from Dec. 2023 ($0.3 Mil) to Dec. 2024 ($6.3 Mil).


Talkspace Property, Plant and Equipment Historical Data

The historical data trend for Talkspace's Property, Plant and Equipment 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.

* Premium members only.

Talkspace Property, Plant and Equipment Chart

Talkspace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial 0.18 0.62 0.68 0.31 6.26

Talkspace Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Property, Plant and Equipment 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 Premium Member Only Premium Member Only 0.31 - - - 6.26

Talkspace Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Talkspace  (NAS:TALK) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Talkspace Property, Plant and Equipment Related Terms

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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 offering access to licensed therapists, psychologists, and psychiatrists through its technology platform. It serves clients including health plans, enterprises, and individual subscribers. Therapists address various mental health conditions, while psychiatrists cater to a higher acuity demographic. Revenue stems from payor and direct-to-enterprise clients, with contracts lasting one to three years. The majority of the Company's operations and revenues are based in the United States.
Executives
Gil Margolin officer: Chief Technology Officer 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
John Charles Reilly officer: General Counsel and Secretary C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Steven Dziedzic officer: Chief Product Officer C/O TALKSPACE, INC., 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
Oren Frank director, officer: CEO C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Roni Frank director, officer: Head of Clinical Services 28 LEROY STREET, TENAFLY NJ 07670
Samara H. Braunstein officer: Chief Marketing Officer 1030 FIFTH AVENUE, #5E, NEW YORK NY 10028
Madhu Pawar director C/O TALKSPACE NETWORK LLC, 2578 BROADWAY #607, NEW YORK NY 10025
Charles Berg director 48 MONROE TURNPIKE, TRUMBULL CT 06611