2019 Q2 Form 10-Q Financial Statement

#000155905319000013 Filed on May 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q1
Revenue $167.0K $186.0K $227.0K
YoY Change -40.14% -18.06% -12.36%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $9.080M $9.910M $14.23M
YoY Change -17.38% -30.36% 31.39%
% of Gross Profit
Research & Development $9.583M $13.30M $34.71M
YoY Change -69.53% -61.69% 35.05%
% of Gross Profit
Depreciation & Amortization $400.0K $385.0K $797.0K
YoY Change -50.0% -51.69% 5.01%
% of Gross Profit
Operating Expenses $18.66M $23.14M $48.94M
YoY Change -70.54% -52.71% 33.96%
Operating Profit -$18.50M -$22.95M -$48.71M
YoY Change -70.67% -52.87% 34.29%
Interest Expense $2.300M $2.300M $200.0K
YoY Change 177.11% 1050.0% -155.56%
% of Operating Profit
Other Income/Expense, Net $2.531M $2.287M -$72.00K
YoY Change 103.95% -3276.39% -90.7%
Pretax Income -$15.97M -$20.67M -$48.78M
YoY Change -74.18% -57.63% 31.68%
Income Tax -$156.0K $198.0K -$37.00K
% Of Pretax Income
Net Earnings -$15.81M -$20.87M -$48.74M
YoY Change -73.6% -57.19% 37.75%
Net Earnings / Revenue -9467.07% -11217.74% -21472.69%
Basic Earnings Per Share -$0.40 -$0.52 -$1.26
Diluted Earnings Per Share -$0.40 -$0.52 -$1.26
COMMON SHARES
Basic Shares Outstanding 39.86M shares 39.86M shares 38.54M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $398.1M $410.1M $429.0M
YoY Change -18.12% -4.41% -15.32%
Cash & Equivalents $398.1M $410.1M $429.0M
Short-Term Investments
Other Short-Term Assets $3.462M $5.100M $8.100M
YoY Change -55.62% -37.04% 9.46%
Inventory
Prepaid Expenses
Receivables $12.00K
Other Receivables $0.00
Total Short-Term Assets $418.7M $415.2M $537.2M
YoY Change -15.25% -22.7% 4.46%
LONG-TERM ASSETS
Property, Plant & Equipment $4.318M $4.976M $54.28M
YoY Change -91.91% -90.83% -3.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $923.0K $868.0K $2.840M
YoY Change 83.86% -69.44% 16.87%
Total Long-Term Assets $43.36M $44.34M $69.49M
YoY Change -37.39% -36.19% 2.58%
TOTAL ASSETS
Total Short-Term Assets $418.7M $415.2M $537.2M
Total Long-Term Assets $43.36M $44.34M $69.49M
Total Assets $462.1M $459.5M $606.6M
YoY Change -17.97% -24.25% 4.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.525M $2.103M $11.59M
YoY Change -84.83% -81.86% 85.32%
Accrued Expenses $10.00M $11.70M $20.20M
YoY Change -29.08% -42.08% -20.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $1.100M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $28.02M $14.91M $35.56M
YoY Change -39.27% -58.08% 5.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $51.10M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $553.0K $553.0K $110.5M
YoY Change -99.5% -99.5% 112.5%
Total Long-Term Liabilities $131.2M $132.5M $161.6M
YoY Change -18.56% -18.0% 210.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.02M $14.91M $35.56M
Total Long-Term Liabilities $131.2M $132.5M $161.6M
Total Liabilities $159.3M $147.4M $197.1M
YoY Change -23.17% -25.23% 130.03%
SHAREHOLDERS EQUITY
Retained Earnings -$630.9M -$594.2M -$491.1M
YoY Change 14.5% 21.0% 51.34%
Common Stock $399.0K $399.0K $398.0K
YoY Change 0.25% 0.25% 4.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $302.8M $312.1M $409.5M
YoY Change
Total Liabilities & Shareholders Equity $462.1M $459.5M $606.6M
YoY Change -17.97% -24.25% 4.24%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$15.81M -$20.87M -$48.74M
YoY Change -73.6% -57.19% 37.75%
Depreciation, Depletion And Amortization $400.0K $385.0K $797.0K
YoY Change -50.0% -51.69% 5.01%
Cash From Operating Activities -$12.10M -$17.44M -$31.58M
YoY Change -120.82% -44.8% -16.54%
INVESTING ACTIVITIES
Capital Expenditures -$70.00K -$130.0K -$180.0K
YoY Change -30.0% -27.78% -92.8%
Acquisitions
YoY Change
Other Investing Activities $0.00 $10.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$70.00K -$123.0K -$181.0K
YoY Change -30.0% -32.04% -92.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 210.0K $5.000K $43.18M
YoY Change -124.42% -99.99% -72.99%
NET CHANGE
Cash From Operating Activities -12.10M -$17.44M -$31.58M
Cash From Investing Activities -70.00K -$123.0K -$181.0K
Cash From Financing Activities 210.0K $5.000K $43.18M
Net Change In Cash -11.96M -$17.55M $11.42M
YoY Change -120.92% -253.72% -90.45%
FREE CASH FLOW
Cash From Operating Activities -$12.10M -$17.44M -$31.58M
Capital Expenditures -$70.00K -$130.0K -$180.0K
Free Cash Flow -$12.03M -$17.31M -$31.40M
YoY Change -120.66% -44.9% -11.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001559053
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
39864561 shares
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
Prothena Corp plc
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2019Q1 dei Trading Symbol
TradingSymbol
PRTA
CY2018Q4 prta Accrued Research And Development Current
AccruedResearchAndDevelopmentCurrent
5370000 USD
CY2019Q1 prta Accrued Research And Development Current
AccruedResearchAndDevelopmentCurrent
4738000 USD
CY2018Q1 prta Amortizationofrightofuseasset
Amortizationofrightofuseasset
0 USD
CY2019Q1 prta Amortizationofrightofuseasset
Amortizationofrightofuseasset
1296000 USD
CY2018Q1 prta Buildto Suit Leases Increase Decreaseto Obligation
BuildtoSuitLeasesIncreaseDecreasetoObligation
954000 USD
CY2019Q1 prta Buildto Suit Leases Increase Decreaseto Obligation
BuildtoSuitLeasesIncreaseDecreasetoObligation
0 USD
CY2018Q4 prta Buildto Suit Property Gross
BuildtoSuitPropertyGross
52245000 USD
CY2019Q1 prta Buildto Suit Property Gross
BuildtoSuitPropertyGross
0 USD
CY2018Q4 prta Buildtosuit Lease Obligation Current
BuildtosuitLeaseObligationCurrent
1645000 USD
CY2019Q1 prta Buildtosuit Lease Obligation Current
BuildtosuitLeaseObligationCurrent
0 USD
CY2019Q1 prta Buildtosuit Lease Obligation Current
BuildtosuitLeaseObligationCurrent
0 USD
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2018Q4 prta Buildtosuit Lease Obligation Currentand Noncurrent
BuildtosuitLeaseObligationCurrentandNoncurrent
51500000 USD
CY2016Q1 prta Buildtosuit Lease Termof Contract
BuildtosuitLeaseTermofContract
P7Y9M30D
CY2018Q4 prta Deferred Shares Par Value
DeferredSharesParValue
22
CY2019Q1 prta Deferred Shares Par Value
DeferredSharesParValue
22
CY2018Q4 prta Buildtosuitleaseobligationnoncurrent
Buildtosuitleaseobligationnoncurrent
49901000 USD
CY2019Q1 prta Buildtosuitleaseobligationnoncurrent
Buildtosuitleaseobligationnoncurrent
0 USD
CY2019Q1 prta Buildtosuitleaseobligationnoncurrent
Buildtosuitleaseobligationnoncurrent
0 USD
CY2018Q4 prta Builtto Suit Leases At Cost
BuilttoSuitLeasesAtCost
52300000 USD
CY2018Q4 prta Deferred Shares Share Issued
DeferredSharesShareIssued
0 shares
CY2018Q4 prta Deferred Shares Share Outstanding
DeferredSharesShareOutstanding
0 shares
CY2018Q1 prta Collaboration Revenue
CollaborationRevenue
227000 USD
CY2019Q1 prta Collaboration Revenue
CollaborationRevenue
186000 USD
CY2018Q1 prta Interest Expenseunderbuildtosuittransaction
InterestExpenseunderbuildtosuittransaction
908000 USD
CY2019Q1 prta Interest Expenseunderbuildtosuittransaction
InterestExpenseunderbuildtosuittransaction
0 USD
CY2019Q1 prta Lessee Operating Lease Liability Nominal Payments
LesseeOperatingLeaseLiabilityNominalPayments
-17000 USD
CY2019Q1 prta Numberof Votes
NumberofVotes
1 vote
CY2016Q1 prta Operating Lease Area
OperatingLeaseArea
128751 sqft
CY2018Q4 prta Operating Leases Future Minimum Subsublease Rentals Duein Five Years
OperatingLeasesFutureMinimumSubsubleaseRentalsDueinFiveYears
3019000 USD
CY2018Q4 prta Operating Leases Future Minimum Subsublease Rentals Duein Four Years
OperatingLeasesFutureMinimumSubsubleaseRentalsDueinFourYears
3047000 USD
CY2019Q1 prta Deferred Shares Share Outstanding
DeferredSharesShareOutstanding
0.0 shares
CY2019Q1 prta Deferred Shares Share Outstanding
DeferredSharesShareOutstanding
0 shares
CY2018Q4 prta Deferred Shares Shares Authorized
DeferredSharesSharesAuthorized
10000 shares
CY2019Q1 prta Deferred Shares Shares Authorized
DeferredSharesSharesAuthorized
10000 shares
CY2018Q4 prta Deferred Shares Value
DeferredSharesValue
0 USD
CY2019Q1 prta Deferred Shares Value
DeferredSharesValue
0 USD
CY2018Q1 prta Increase Decreasein Operating Lease Liability
IncreaseDecreaseinOperatingLeaseLiability
0 USD
CY2019Q1 prta Increase Decreasein Operating Lease Liability
IncreaseDecreaseinOperatingLeaseLiability
1143000 USD
CY2018Q4 prta Operating Leases Future Minimum Subsublease Rentals Duein Three Years
OperatingLeasesFutureMinimumSubsubleaseRentalsDueinThreeYears
2944000 USD
CY2018Q4 prta Operating Leases Future Minimum Subsublease Rentals Duein Two Years
OperatingLeasesFutureMinimumSubsubleaseRentalsDueinTwoYears
2843000 USD
CY2018Q4 prta Operating Leases Future Minimum Subsublease Rentals Next Twelve Months
OperatingLeasesFutureMinimumSubsubleaseRentalsNextTwelveMonths
2746000 USD
CY2018Q3 prta Operating Leases Sublease Rentals Areaof Sublease Rental
OperatingLeasesSubleaseRentalsAreaofSubleaseRental
46641 sqft
CY2018Q3 prta Operating Leases Sublease Rentals Percent Annual Rent Increase
OperatingLeasesSubleaseRentalsPercentAnnualRentIncrease
0.035
CY2018Q3 prta Operating Leases Sublease Rentals Percentof Rental Gain Attributableto Sublandlord
OperatingLeasesSubleaseRentalsPercentofRentalGainAttributabletoSublandlord
0.50
CY2018Q3 prta Operating Leases Sublease Rentals Termof Contract
OperatingLeasesSubleaseRentalsTermofContract
P5Y2M12D
CY2019Q1 prta Purchaseand Contractual Obligation Due After Fifth Year
PurchaseandContractualObligationDueAfterFifthYear
535000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Duein Fifth Year
PurchaseandContractualObligationDueinFifthYear
80000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Duein Fourth Year
PurchaseandContractualObligationDueinFourthYear
80000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Duein Second Year
PurchaseandContractualObligationDueinSecondYear
95000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Duein Third Year
PurchaseandContractualObligationDueinThirdYear
95000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Remainderof Fiscal Year
PurchaseandContractualObligationRemainderofFiscalYear
1449000 USD
CY2019Q1 prta Purchaseand Contractual Obligation Total
PurchaseandContractualObligationTotal
2334000 USD
CY2018Q1 prta Receivable Stock Option Exercises
ReceivableStockOptionExercises
19000 USD
CY2019Q1 prta Receivable Stock Option Exercises
ReceivableStockOptionExercises
0 USD
CY2018Q1 prta Reductionof Amounts Capitalized Under Buildtosuit Lease Transaction
ReductionofAmountsCapitalizedUnderBuildtosuitLeaseTransaction
0 USD
CY2019Q1 prta Reductionof Amounts Capitalized Under Buildtosuit Lease Transaction
ReductionofAmountsCapitalizedUnderBuildtosuitLeaseTransaction
46760000 USD
CY2018Q1 prta Reductionof Buildtosuit Lease Obligation
ReductionofBuildtosuitLeaseObligation
0 USD
CY2019Q1 prta Reductionof Buildtosuit Lease Obligation
ReductionofBuildtosuitLeaseObligation
51546000 USD
CY2018Q1 prta Reductionof Capitalized Interest During Construction Periodfor Buildtosuit Lease Transaction
ReductionofCapitalizedInterestDuringConstructionPeriodforBuildtosuitLeaseTransaction
0 USD
CY2019Q1 prta Reductionof Capitalized Interest During Construction Periodfor Buildtosuit Lease Transaction
ReductionofCapitalizedInterestDuringConstructionPeriodforBuildtosuitLeaseTransaction
1099000 USD
CY2019Q1 prta Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Related To Vested Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueRelatedToVestedOptions
3211000 USD
CY2019Q1 prta Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingNumber
2635745 shares
CY2019Q1 prta Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageRemainingContractualTerm
P5Y7M13D
CY2019Q1 prta Share Based Compensation Arrangement By Share Based Payment Award Options Vested Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedPeriodWeightedAverageExercisePrice
31.53
CY2018Q1 prta Sharebased Compensation Net Tax Shortfall Excess Tax Benefit Amount Bookedto Income Tax Provision
SharebasedCompensationNetTaxShortfallExcessTaxBenefitAmountBookedtoIncomeTaxProvision
300000 USD
CY2019Q1 prta Sharebased Compensation Net Tax Shortfall Excess Tax Benefit Amount Bookedto Income Tax Provision
SharebasedCompensationNetTaxShortfallExcessTaxBenefitAmountBookedtoIncomeTaxProvision
700000 USD
CY2018Q1 prta Sharebased Compensationnonrestructuring
SharebasedCompensationnonrestructuring
6902000 USD
CY2019Q1 prta Sharebased Compensationnonrestructuring
SharebasedCompensationnonrestructuring
6205000 USD
CY2018Q3 prta Subleaserentals Annual Base Rent Initial Amount
SubleaserentalsAnnualBaseRentInitialAmount
2700000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1470000 USD
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2103000 USD
CY2019Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
290000 USD
CY2018Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1097000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
54000 USD
CY2019Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
399000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10504000 USD
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6857000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
920594000 USD
CY2019Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
926804000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6902000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6205000 USD
CY2018Q4 us-gaap Assets
Assets
498796000 USD
CY2019Q1 us-gaap Assets
Assets
459534000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
431390000 USD
CY2019Q1 us-gaap Assets Current
AssetsCurrent
415193000 USD
CY2018Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
67406000 USD
CY2019Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
44341000 USD
CY2016Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
39200000 USD
CY2018Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1303000 USD
CY2019Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1303000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
429039000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
427659000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
410106000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421676000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
433095000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
431715000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
414162000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
11419000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-17553000 USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39863711 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39864561 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39863711 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39864561 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39864561 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
399000 USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
399000 USD
CY2019Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
3787000 USD
CY2018Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
395000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-195000 USD
CY2018Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
44000 USD
CY2019Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
0 USD
CY2018Q1 us-gaap Depreciation
Depreciation
800000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
400000 USD
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
176000 USD
CY2019Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
0 USD
CY2019Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
0 USD
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
110242000 USD
CY2019Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
110242000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
9702000 USD
CY2019Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
8903000 USD
CY2019Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
8708000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
797000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
385000 USD
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.26
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.52
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4507000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2182000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y1M6D
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
58200000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14229000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9905000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-48780000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-20667000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-37000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
54000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2735000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2598000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
99772000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
110242000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-422000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
54000 USD
CY2018Q1 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
0 USD
CY2019Q1 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-461000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
200000 USD
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2304000 USD
CY2016Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2023-12-31
CY2018Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
98000 USD
CY2019Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
974000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
29416000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6535000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6350000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6165000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5979000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4387000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2886000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
13920000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
3019000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3047000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
2067000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
2944000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2843000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
175798000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
147404000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
498796000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
459534000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
14926000 USD
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
14906000 USD
CY2018Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
160872000 USD
CY2019Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
132498000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
9693000 USD
CY2019Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
9212000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
43184000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-181000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31584000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17435000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-48743000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-20865000 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
79000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
8000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-72000 USD
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2287000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
48935000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
23140000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-48708000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-22954000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1600000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26513000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4810000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4717000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21703000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22939000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1400000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27234000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28530000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
813000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
868000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
23000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
23000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
14599000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
0 USD
CY2018Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
200000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5926000 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2965000 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5882000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
553000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
553000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-272000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17000 USD
CY2018Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
278000 USD
CY2019Q1 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
384000 USD
CY2019Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
400000 USD
CY2018Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
181000 USD
CY2019Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
131000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3731000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3735000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
39758000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4380000 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
63339000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11489000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52835000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4632000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4976000 USD
CY2019Q1 us-gaap Purchase Obligation
PurchaseObligation
1174000 USD
CY2019Q1 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
1174000 USD
CY2018Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34706000 USD
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13296000 USD
CY2018Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2019Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
1352000 USD
CY2018Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4056000 USD
CY2018Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4056000 USD
CY2019Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2704000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
16100000 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
-61000 USD
CY2018Q1 us-gaap Restructuring Costs
RestructuringCosts
0 USD
CY2019Q1 us-gaap Restructuring Costs
RestructuringCosts
-61000 USD
CY2018Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
461000 USD
CY2019Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-597995000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-615073000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-594208000 USD
CY2018Q1 us-gaap Revenues
Revenues
227000 USD
CY2019Q1 us-gaap Revenues
Revenues
186000 USD
CY2018Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28530000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6902000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6205000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.672
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.815
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.028
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
325792 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1093100 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
852975 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.67
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.48
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2168908 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3270000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6726715 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7253048 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.82
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.69
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
3262000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6743549 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
25.10
CY2019Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.41
CY2019Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
39.28
CY2019Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.44
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y9M0D
CY2018 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y4M21D
CY2019Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y10M10D
CY2019Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
850 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
38684000 shares
CY2019Q1 us-gaap Sublease Income
SubleaseIncome
733000 USD
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
39758000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4399000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
322998000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
312130000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
407189000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
409505000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
322998000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
312130000 USD
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39864000 shares
CY2019Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Segment and Concentration of Risks</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in one segment. The Company&#8217;s chief operating decision maker (the &#8220;CODM&#8221;), its Chief Executive Officer, manages the Company&#8217;s operations on a consolidated basis for purposes of allocating resources. When evaluating the Company&#8217;s financial performance, the CODM reviews all financial information on a consolidated basis.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to concentration of credit risk consist of cash and cash equivalents and accounts receivable. The Company places its cash equivalents with high credit quality financial institutions and by policy, limits the amount of credit exposure with any one financial institution. Deposits held with banks may exceed the amount of insurance provided on such deposits. The Company has not experienced any losses on its deposits of cash and cash equivalents and its credit risk exposure is up to the extent recorded on the Company's Consolidated Balance Sheet.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The receivable from Roche recorded in prepaid expenses and other current assets in the Condensed Consolidated Balance Sheet are amounts due from a Roche entity located in Switzerland under the License Agreement that became effective January 22, 2014. Revenue recorded in the Condensed Consolidated Statements of Operations consists of reimbursement from Roche for research and development services. The Company's credit risk exposure is up to the extent recorded on the Company's Condensed Consolidated Balance Sheet.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$4.6 million</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s long-lived assets were held in the U.S. and </font><font style="font-family:inherit;font-size:10pt;">none</font><font style="font-family:inherit;font-size:10pt;"> were in Ireland. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$52.8 million</font><font style="font-family:inherit;font-size:10pt;"> of the Company's long-lived assets were held in the U.S. and </font><font style="font-family:inherit;font-size:10pt;">none</font><font style="font-family:inherit;font-size:10pt;"> were in Ireland.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company does not own or operate facilities for the manufacture, packaging, labeling, storage, testing or distribution of nonclinical or clinical supplies of any of its drug candidates. The Company instead contracts with and relies on third-parties to manufacture, package, label, store, test and distribute all preclinical development and clinical supplies of our drug candidates, and it plans to continue to do so for the foreseeable future. The Company also relies on third-party consultants to assist in managing these third-parties and assist with its manufacturing strategy.</font></div></div>
CY2019Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Condensed Consolidated Financial Statements in conformity with GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosures. On an ongoing basis, management evaluates its estimates, including critical accounting policies or estimates related to revenue recognition, share-based compensation and research and development expenses. The Company bases its estimates on historical experience and on various other market specific and other relevant assumptions that management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Because of the uncertainties inherent in such estimates, actual results may differ materially from these estimates.</font></div></div>

Files In Submission

Name View Source Status
0001559053-19-000013-index-headers.html Edgar Link pending
0001559053-19-000013-index.html Edgar Link pending
0001559053-19-000013.txt Edgar Link pending
0001559053-19-000013-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
prta-20190331.xml Edgar Link completed
prta-20190331.xsd Edgar Link pending
prta-20190331_cal.xml Edgar Link unprocessable
prta-20190331_def.xml Edgar Link unprocessable
prta-20190331_lab.xml Edgar Link unprocessable
prta-20190331_pre.xml Edgar Link unprocessable
prta2019q110-q.htm Edgar Link pending
prta2019q110-qxex311.htm Edgar Link pending
prta2019q110-qxex312.htm Edgar Link pending
prta2019q110-qxex321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending