A provisional patent application is a lower cost US filing that secures an early filing date for an invention without starting examination. It gives you 12 months to refine the invention, test the market or raise funding before committing to a full application.
It holds your place. The filing date is what matters, because novelty is judged as at that date.
It does not lead to a granted patent on its own. It is never examined, and it lapses silently after 12 months unless a non-provisional application is filed to claim its date.
Formal claims are not required, which is what makes it simpler and cheaper.
The description limits you later. A non-provisional application can only claim the provisional's filing date for material the provisional actually disclosed.
A thin provisional therefore buys a date for very little. Anything added later gets the later date, which is exactly the gap prior art appears in.
You file the non-provisional application, or you lose the date. There is no extension.
"Patent pending" can be used from the moment the provisional is filed, though it signals only that an application exists, not that any right is enforceable.
Patent renewal fees do not arise at this stage. They begin only once a patent is granted, and from that point they run for the life of the patent.