Protagonist Therapeutics Inc. (PTGX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
7707 GATEWAY BLVD., SUITE 140 NEWARK, CA 94560-1160 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 341,617 | 237,355 | 326,900 | 305,809 | 133,017 | 82,233 | |||
| Cash and cash equivalents | 186,727 | 125,744 | 123,665 | 117,358 | 33,006 | 82,233 | |||
| Short-term investments | 154,890 | 111,611 | 203,235 | 188,451 | 100,011 | ||||
| Restricted cash and investments | 10 | 10 | 10 | ||||||
| Receivables | 3,852 | 5,333 | 3,821 | 7,499 | 6,511 | ||||
| Prepaid expense | 2,450 | 2,924 | 3,261 | 2,449 | 2,218 | 1,443 | |||
| Other current assets | 332 | ||||||||
| Other undisclosed current assets | 11,178 | (1,054) | 5,242 | 3,517 | 2,567 | 47,306 | |||
| Total current assets: | 355,577 | 243,077 | 340,736 | 315,606 | 145,311 | 137,503 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 954 | 3,061 | 4,936 | 4,950 | 6,042 | ✕ | |||
| Property, plant and equipment | 1,195 | 1,565 | 1,798 | 1,462 | 1,681 | 861 | |||
| Long-term investments and receivables | 2,000 | ||||||||
| Long-term investments | 2,000 | ||||||||
| Restricted cash and investments | 225 | 225 | 225 | 450 | 450 | 450 | |||
| Deferred income tax assets | 1,433 | ✕ | |||||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 658 | ||
| Total noncurrent assets: | 2,374 | 4,851 | 6,959 | 8,862 | 9,606 | 1,969 | |||
| TOTAL ASSETS: | 357,951 | 247,928 | 347,695 | 324,468 | 154,917 | 139,472 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 20,130 | 28,595 | 39,316 | 21,573 | 15,150 | 16,874 | |||
| Accounts payable | 772 | 3,640 | 1,600 | 3,075 | 2,790 | 5,711 | |||
| Accrued liabilities | 19,358 | 24,955 | 37,716 | 18,498 | 12,360 | 11,163 | |||
| Deferred revenue | 3 | 1,601 | 14,477 | 17,738 | ✕ | ||||
| Debt | 1,256 | ||||||||
| Due to related parties | ✕ | ✕ | 69 | 899 | 2,732 | 1,262 | 1,061 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 8,223 | ||
| Other undisclosed current liabilities | 1,141 | 2,515 | 2,200 | 1,459 | |||||
| Total current liabilities: | 21,274 | 31,179 | 44,016 | 40,241 | 35,406 | 26,158 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 3,658 | 4,500 | 5,961 | ||||||
| Liabilities, other than long-term debt | 1,141 | 121 | 23,792 | 799 | |||||
| Deferred revenue | 23,792 | ✕ | |||||||
| Deferred rent credit | 799 | ||||||||
| Other liabilities | 121 | ||||||||
| Operating lease, liability | 1,141 | 3,658 | 4,500 | 5,961 | ✕ | ||||
| Other undisclosed noncurrent liabilities | (3,658) | 9,794 | |||||||
| Total noncurrent liabilities: | 1,141 | 3,658 | 4,621 | 39,547 | 799 | ||||
| Total liabilities: | 21,274 | 32,320 | 47,674 | 44,862 | 74,953 | 26,957 | |||
| Equity | |||||||||
| Equity, attributable to parent | 336,677 | 215,608 | 300,021 | 279,606 | 79,964 | 112,515 | |||
| Common stock | 1 | ||||||||
| Additional paid in capital | 952,491 | 752,722 | 709,682 | 563,389 | 297,846 | 253,222 | |||
| Accumulated other comprehensive income (loss) | (105) | (359) | (299) | 28 | (221) | (233) | |||
| Accumulated deficit | (615,710) | (536,755) | (409,362) | (283,811) | (217,661) | (140,474) | |||
| Total equity: | 336,677 | 215,608 | 300,021 | 279,606 | 79,964 | 112,515 | |||
| TOTAL LIABILITIES AND EQUITY: | 357,951 | 247,928 | 347,695 | 324,468 | 154,917 | 139,472 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 60,000 | 26,581 | 27,357 | 89 | 64 | 30,925 | ||
| Sublease income | 137 | 123 | 91 | 89 | 64 | ✕ | ||
| Gross profit: | 60,000 | 26,581 | 27,357 | 89 | 64 | 30,925 | ||
| Operating expenses | (153,652) | (157,954) | (153,202) | (93,144) | (80,752) | (73,194) | ||
| Other undisclosed operating income | 28,539 | 167 | ||||||
| Operating income (loss): | (93,652) | (131,373) | (125,845) | (64,516) | (80,521) | (42,269) | ||
| Nonoperating income | 14,697 | 3,980 | 294 | 854 | 2,812 | 2,546 | ||
| Investment income, nonoperating | 14,898 | 4,060 | 443 | 900 | 2,813 | 2,546 | ||
| Other nonoperating expense | (201) | (80) | (149) | (46) | (1) | |||
| Interest and debt expense | (1,183) | (169) | ||||||
| Income (loss) from continuing operations before income taxes: | (78,955) | (127,393) | (125,551) | (64,845) | (77,878) | (39,723) | ||
| Income tax expense (benefit) | (1,305) | 691 | (799) | |||||
| Income (loss) from continuing operations: | (78,955) | (127,393) | (125,551) | (66,150) | (77,187) | (40,522) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (125,551) | (66,150) | (77,187) | (40,522) | |
| Other undisclosed net income | 1,598 | |||||||
| Net income (loss) available to common stockholders, diluted: | (78,955) | (127,393) | (125,551) | (66,150) | (77,187) | (38,924) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (78,955) | (127,393) | (125,551) | (66,150) | (77,187) | (38,924) | ||
| Comprehensive income (loss): | (78,955) | (127,393) | (125,551) | (66,150) | (77,187) | (38,924) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 254 | (60) | (327) | 249 | 12 | (227) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (78,701) | (127,453) | (125,878) | (65,901) | (77,175) | (39,151) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.