Company: PRTA
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001559053-25-000009
Chunk: 171

Company: PROTHENA CORP PUBLIC LTD CO
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 171
---
 other current assets consisted of the following (in thousands):December 31,20242023Prepaid R&D expenses$12,029 $10,998 Prepaid G&A expenses830 803 Other1,165 2,140 Prepaid and other current assets$14,024 $13,941 

89

Property and Equipment, netProperty and equipment, net consisted of the following (in thousands):December 31,20242023Machinery and equipment$9,137 $9,019 Purchased computer software2,252 2,232 11,389 11,251 Less: accumulated depreciation and amortization(8,308)(7,415)Property and equipment, net$3,081 $3,836 Depreciation expense was $0.9 million, $0.9 million, and $0.7 million for the years ended December 31, 2024, 2023 and 2022, respectively. Other Current LiabilitiesOther current liabilities consisted of the following (in thousands):December 31,20242023Payroll and related expenses$14,468 $13,245 Professional services445 288 Other930 2,129 Other current liabilities$15,843 $15,662 

5.Net Loss Per Ordinary Share

Net loss per ordinary share was determined as follows (in thousands, except per share amounts):Year Ended December 31,202420232022Numerator:Net loss$(122,310)$(147,028)$(116,949)Denominator:Weighted-average ordinary shares outstanding used in per share calculations53,772 53,216 47,369 Net loss per share:Basic and diluted net loss per ordinary share$(2.27)$(2.76)$(2.47)Potentially issuable ordinary shares were not used in computing diluted net loss per ordinary share as their effect would be anti-dilutive due to the loss recorded during the years ended December 31, 2024, 2023 and 2022, and therefore diluted net loss per share is equal to basic net loss per share. The equivalent ordinary shares not included in diluted net loss per share because their effect would be anti-dilutive are as follows (in thousands): Year Ended December 31, 202420232022Stock options to purchase ordinary shares11,107 9,866 9,480 Restricted Stock Units