A prothallus is

1. a structure in pteridophytes formed before the thallus develops
2. a sporophytic free living structure formedin pteridophytes
3. a gametophyte free living structure formed in pteridophytes
4. a primitive structure formed after fertilisation in pteridophytes

Prothallus is usually a gametophytic stage in the life of a Pteridophyte. Spore germinates to form a prothalium, it is short lived inconspicuous heart shaped structure with a number of rhizoids developed beneath and sex organs, archegonium and antheridium.
Page 38, XI NCERT