Company: PRTA
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001559053-25-000031
Chunk: 7

Company: PROTHENA CORP PUBLIC LTD CO
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 7
---
 computing diluted net loss per ordinary share as their effect would be anti-dilutive due to the loss recorded during the three and six months ended June 30, 2025 and six months ended June 30, 2024, and therefore diluted net loss per share is equal to basic net loss per share.

The equivalent ordinary shares not included in diluted net income (loss) per share because their effect would be anti-dilutive are as follows (in thousands):

                                                 Three Months Ended                                       Six Months Ended                          
                                                           June 30,                                               June 30,                          
                                                               2025                  2024                             2025                          
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Stock options to purchase ordinary shares                              12,895                8,388                            12,895      11,698  
  Restricted Stock Units (RSU)                                  283                    25                              283                          
  Total                                                                  13,178                8,413                            13,178      11,723  

6. Commitments and Contingencies

Lease Commitments

As ofJune 30, 2025, the Company currently has four leases relating to its facilities in the United States and Dublin, Ireland.

Dublin

In June 2021, the Company entered into a lease agreement for office space in Dublin, Ireland, which commenced in August 2021 and had an initial term of one year one year one year

Brisbane Facility

On October 28, 2022, the Company entered into a noncancelable operating sublease (the "Brisbane Sublease") to sublease approximately 31,157 r 28,2022. The Brisbane Sublease provides that the Company's obligation to pay rent commenced on July 1, 2023, which is subject to abatement for the first six months following such date, with the exception of the seventh rent payment that was due upon execution of the Brisbane Sublease. The Company is obligated to make lease payments totaling approximately $ 14.9 3.3

Total operating lease cost for the Brisbane Sublease was $ 0.8 1.6 0.8 1.6 0.7 1.5 0.7 1.2.

In conjunction with the Brisbane Sublease, the Company obtained a standby letter of credit in the initial amount of $ 0.9 none 0.9

The following table sets