2021 Q4 Form 10-K Financial Statement

#000155905322000008 Filed on February 25, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.172M $200.6M $360.0K
YoY Change 225.56% 23414.3% 40.63%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $12.21M $46.32M $9.910M
YoY Change 23.17% 19.68% 22.95%
% of Gross Profit
Research & Development $22.06M $82.28M $20.76M
YoY Change 6.25% 9.88% 34.2%
% of Gross Profit
Depreciation & Amortization $240.0K $1.115M $360.0K
YoY Change -33.33% -26.35% -10.0%
% of Gross Profit
Operating Expenses $34.26M $128.6M $30.67M
YoY Change 11.73% 13.22% 30.34%
Operating Profit $71.98M
YoY Change -163.84%
Interest Expense $12.00K $42.00K $10.00K
YoY Change 20.0% -96.93% -99.36%
% of Operating Profit 0.06%
Other Income/Expense, Net -$16.00K -$54.00K -$70.00K
YoY Change -77.14% -104.13% -450.0%
Pretax Income -$33.10M $71.92M -$30.36M
YoY Change 9.01% -164.55% 39.97%
Income Tax $83.00K $4.946M $350.0K
% Of Pretax Income 6.88%
Net Earnings -$33.18M $66.98M -$30.72M
YoY Change 8.02% -160.26% 42.51%
Net Earnings / Revenue -2830.97% 33.39% -8532.22%
Basic Earnings Per Share $1.51 -$0.77
Diluted Earnings Per Share -$711.3K $1.38 -$0.77
COMMON SHARES
Basic Shares Outstanding 46.59M shares 44.23M shares 39.92M shares
Diluted Shares Outstanding 48.46M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $579.1M $579.1M $295.4M
YoY Change 96.04% 96.04% -21.37%
Cash & Equivalents $579.1M $579.1M $295.4M
Short-Term Investments
Other Short-Term Assets $5.715M $5.715M $3.900M
YoY Change 46.54% 46.54% 50.93%
Inventory
Prepaid Expenses
Receivables $0.00 $0.00 $15.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $584.8M $584.8M $299.3M
YoY Change 95.4% 95.39% -20.9%
LONG-TERM ASSETS
Property, Plant & Equipment $2.012M $14.14M $2.551M
YoY Change -21.13% -30.71% -34.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.999M $10.42M $333.0K
YoY Change 500.3% -21.64% -69.31%
Total Long-Term Assets $24.56M $24.56M $33.69M
YoY Change -27.11% -27.13% -17.61%
TOTAL ASSETS
Total Short-Term Assets $584.8M $584.8M $299.3M
Total Long-Term Assets $24.56M $24.56M $33.69M
Total Assets $609.4M $609.4M $333.0M
YoY Change 83.01% 82.99% -20.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.691M $3.691M $4.117M
YoY Change -10.35% -9.98% 231.48%
Accrued Expenses $20.94M $20.94M $20.50M
YoY Change 2.12% 2.12% 30.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.45M $33.45M $25.85M
YoY Change 29.42% 29.66% 45.92%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $553.0K $109.9M $553.0K
YoY Change 0.0% -10.75% 0.0%
Total Long-Term Liabilities $109.9M $109.9M $123.1M
YoY Change -10.76% -10.75% -4.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.45M $33.45M $25.85M
Total Long-Term Liabilities $109.9M $109.9M $123.1M
Total Liabilities $143.3M $143.3M $149.0M
YoY Change -3.79% -3.81% 1.79%
SHAREHOLDERS EQUITY
Retained Earnings -$716.1M -$783.0M
YoY Change -8.55% 16.54%
Common Stock $466.0K $399.0K
YoY Change 16.79% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $466.0M $466.0M $184.0M
YoY Change
Total Liabilities & Shareholders Equity $609.4M $609.4M $333.0M
YoY Change 83.01% 82.99% -20.58%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$33.18M $66.98M -$30.72M
YoY Change 8.02% -160.26% 42.51%
Depreciation, Depletion And Amortization $240.0K $1.115M $360.0K
YoY Change -33.33% -26.35% -10.0%
Cash From Operating Activities -$22.46M $92.61M -$19.09M
YoY Change 17.64% -215.23% 31.75%
INVESTING ACTIVITIES
Capital Expenditures -$319.0K -$575.0K -$50.00K
YoY Change 538.0% 187.5% -54.55%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$319.0K -$575.0K -$50.00K
YoY Change 538.0% 193.37% -54.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $78.05M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.773M $190.3M 0.000
YoY Change 88426.51% -100.0%
NET CHANGE
Cash From Operating Activities -22.46M $92.61M -19.09M
Cash From Investing Activities -319.0K -$575.0K -50.00K
Cash From Financing Activities 1.773M $190.3M 0.000
Net Change In Cash -21.00M $282.4M -19.14M
YoY Change 9.74% -451.45% 31.19%
FREE CASH FLOW
Cash From Operating Activities -$22.46M $92.61M -$19.09M
Capital Expenditures -$319.0K -$575.0K -$50.00K
Free Cash Flow -$22.14M $93.18M -$19.04M
YoY Change 16.28% -216.24% 32.41%

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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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575000 USD
CY2020 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
196000 USD
CY2019 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
555000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 prta Proceeds From Issuance Of Ordinary Shares In At The Market Offering Net
ProceedsFromIssuanceOfOrdinarySharesInAtTheMarketOfferingNet
96739000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
78049000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020 prta Proceeds From Issuance Of Ordinary Shares In At The Market Offering Net
ProceedsFromIssuanceOfOrdinarySharesInAtTheMarketOfferingNet
0 USD
CY2019 prta Proceeds From Issuance Of Ordinary Shares In At The Market Offering Net
ProceedsFromIssuanceOfOrdinarySharesInAtTheMarketOfferingNet
0 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
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15544000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
215000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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228000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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190332000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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215000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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228000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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282362000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-80343000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-53288000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298084000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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378427000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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431715000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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580446000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298084000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
378427000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
580000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1367000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1580000 USD
CY2021 prta Non Cash Financing Receivable From Option Exercises
NonCashFinancingReceivableFromOptionExercises
13000 USD
CY2020 prta Non Cash Financing Receivable From Option Exercises
NonCashFinancingReceivableFromOptionExercises
0 USD
CY2019 prta Non Cash Financing Receivable From Option Exercises
NonCashFinancingReceivableFromOptionExercises
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
5000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28530000 USD
CY2021 prta Reductionof Buildtosuit Lease Obligation
ReductionofBuildtosuitLeaseObligation
0 USD
CY2020 prta Reductionof Buildtosuit Lease Obligation
ReductionofBuildtosuitLeaseObligation
0 USD
CY2019 prta Reductionof Buildtosuit Lease Obligation
ReductionofBuildtosuitLeaseObligation
-51546000 USD
CY2021 prta Reductionof Amounts Capitalized Under Buildtosuit Lease Transaction
ReductionofAmountsCapitalizedUnderBuildtosuitLeaseTransaction
0 USD
CY2020 prta Reductionof Amounts Capitalized Under Buildtosuit Lease Transaction
ReductionofAmountsCapitalizedUnderBuildtosuitLeaseTransaction
0 USD
CY2019 prta Reductionof Amounts Capitalized Under Buildtosuit Lease Transaction
ReductionofAmountsCapitalizedUnderBuildtosuitLeaseTransaction
-46760000 USD
CY2021 prta Reductionof Capitalized Interest During Construction Periodfor Buildtosuit Lease Transaction
ReductionofCapitalizedInterestDuringConstructionPeriodforBuildtosuitLeaseTransaction
0 USD
CY2020 prta Reductionof Capitalized Interest During Construction Periodfor Buildtosuit Lease Transaction
ReductionofCapitalizedInterestDuringConstructionPeriodforBuildtosuitLeaseTransaction
0 USD
CY2019 prta Reductionof Capitalized Interest During Construction Periodfor Buildtosuit Lease Transaction
ReductionofCapitalizedInterestDuringConstructionPeriodforBuildtosuitLeaseTransaction
-1099000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
579094000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
295380000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
375723000 USD
CY2021Q4 us-gaap Restricted Cash Current
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0 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1352000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1352000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2704000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1352000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
580446000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298084000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
378427000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
322998000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23585000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
228000 USD
CY2019 us-gaap Net Income Loss
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-77677000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
272921000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22014000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
215000 USD
CY2020 us-gaap Net Income Loss
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
184006000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
24658000 USD
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15557000 USD
CY2021 us-gaap Net Income Loss
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66975000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
466042000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-716100000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
579100000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the 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, research and development expenses and leases. 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.</span></div>
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There were no receivables recorded in the Consolidated Balance Sheet as of December 31, 2021. The Company's credit risk exposure is up to the extent recorded on the Company's Consolidated Balance Sheet.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company’s business is primarily conducted in U.S. dollars except for its agreements with contract manufacturers for drug supplies which are denominated in Euros. The Company recorded a loss on foreign currency exchange rate differences of approximately $96,000 and $62,000 during the years ended December 31, 2021 and 2020, respectively. If the Company increases its business activities that require the use of foreign currencies, it may be exposed to losses if the Euro and other such currencies continue to strengthen against the U.S. dollar.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2021, and 2020, $2.0 million and $2.6 million, respectively, of the Company’s property and equipment, net were held in the U.S. and a nominal amount were in Ireland. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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-96000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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-62000 USD
CY2021Q4 us-gaap Machinery And Equipment Gross
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9758000 USD
CY2020Q4 us-gaap Machinery And Equipment Gross
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9343000 USD
CY2021Q4 us-gaap Leasehold Improvements Gross
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1393000 USD
CY2020Q4 us-gaap Leasehold Improvements Gross
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1278000 USD
CY2021Q4 us-gaap Capitalized Computer Software Gross
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1322000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
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1423000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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12473000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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12044000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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10461000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9493000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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2012000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2551000 USD
CY2021 us-gaap Depreciation
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1100000 USD
CY2020 us-gaap Depreciation
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1500000 USD
CY2019 us-gaap Depreciation
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1600000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
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8644000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
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5927000 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
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764000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
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696000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
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405000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
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516000 USD
CY2021Q4 us-gaap Other Liabilities Current
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9813000 USD
CY2020Q4 us-gaap Other Liabilities Current
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7139000 USD
CY2021 us-gaap Net Income Loss
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66975000 USD
CY2020 us-gaap Net Income Loss
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-111144000 USD
CY2019 us-gaap Net Income Loss
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-77677000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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44228000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39915000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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39882000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
4236000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48464000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39915000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39882000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.51
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.78
CY2019 us-gaap Earnings Per Share Basic
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-1.95
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.78
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.95
CY2016Q1 prta Operating Lease Area
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128751 sqft
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P2Y
CY2016Q1 us-gaap Lease Expiration Date1
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2023-12-31
CY2016Q2 us-gaap Capital Leases Future Minimum Payments Due
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39200000 USD
CY2021 us-gaap Operating Lease Cost
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6300000 USD
CY2020 us-gaap Operating Lease Cost
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6300000 USD
CY2019 us-gaap Operating Lease Cost
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6400000 USD
CY2021 us-gaap Operating Lease Payments
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6200000 USD
CY2020 us-gaap Operating Lease Payments
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6000000 USD
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0.0425
CY2016Q4 prta Operating Leases Improvement Allowance
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14200000 USD
CY2018Q3 prta Operating Leases Sublease Rentals Areaof Sublease Rental
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46641 sqft
CY2021 us-gaap Sublease Income
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2900000 USD
CY2020 us-gaap Sublease Income
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2900000 USD
CY2019 us-gaap Sublease Income
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2900000 USD
CY2018Q3 prta Subleaserentals Annual Base Rent Initial Amount
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2700000 USD
CY2018Q3 prta Operating Leases Sublease Rentals Percent Annual Rent Increase
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0.035
CY2018Q3 prta Operating Leases Sublease Rentals Termof Contract
OperatingLeasesSubleaseRentalsTermofContract
P5Y2M12D
CY2018Q3 prta Operating Leases Sublease Rentals Percentof Rental Gain Attributableto Sublandlord
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0.50
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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6422000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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3047000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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6535000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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3019000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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0 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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0 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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12957000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
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CY2021Q4 prta Purchase And Contractual Obligation Due In Year One
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12319000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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559000 USD
CY2021Q4 prta Lessee Operating Lease Liability Nominal Payments
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CY2021Q4 us-gaap Operating Lease Liability
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12326000 USD
CY2021Q4 us-gaap Purchase Obligation
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12200000 USD
CY2021Q4 us-gaap Contractual Obligation
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500000 USD
CY2021Q4 us-gaap Purchase Obligation
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12178000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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12178000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Second Year
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0 USD
CY2021Q4 us-gaap Purchase Obligation Due In Third Year
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0 USD
CY2021Q4 us-gaap Purchase Obligation Due In Fourth Year
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0 USD
CY2021Q4 us-gaap Purchase Obligation Due In Fifth Year
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0 USD
CY2021Q4 us-gaap Purchase Obligation Due After Fifth Year
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0 USD
CY2021Q4 prta Purchaseand Contractual Obligation Total
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12656000 USD
CY2021Q4 prta Purchaseand Contractual Obligation Duein Second Year
PurchaseandContractualObligationDueinSecondYear
59000 USD
CY2021Q4 prta Purchaseand Contractual Obligation Duein Third Year
PurchaseandContractualObligationDueinThirdYear
49000 USD
CY2021Q4 prta Purchaseand Contractual Obligation Duein Fourth Year
PurchaseandContractualObligationDueinFourthYear
49000 USD
CY2021Q4 prta Purchaseand Contractual Obligation Duein Fifth Year
PurchaseandContractualObligationDueinFifthYear
45000 USD
CY2021Q4 prta Purchaseand Contractual Obligation Due After Fifth Year
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135000 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
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100000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2021Q4 us-gaap Common Stock Shares Issued
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46660294 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
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46660294 shares
CY2021 prta Numberof Votes
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1 vote
CY2021Q4 prta Deferred Shares Shares Authorized
DeferredSharesSharesAuthorized
10000 shares
CY2021Q4 prta Deferred Shares Par Value
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22
CY2021Q4 prta Deferred Shares Share Outstanding
DeferredSharesShareOutstanding
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3530477 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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1372587 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2108950 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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IncomeTaxReconciliationTaxCreditsResearch
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7587000 USD
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265000 USD
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UnrecognizedTaxBenefits
7252000 USD
CY2021 dei Auditor Name
AuditorName
KPMG LLP
CY2021 dei Auditor Location
AuditorLocation
San Francisco, CA
CY2021 dei Auditor Firm
AuditorFirmId
185

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