During the Riga period, she performed in Love Parodies (Meilės parodijos) by Bolesław Gorczyński [pl],[4] Živilė by Vincas Nagornoskis, Poor We (Gaila mūsų) by Ludwik Adam Dmuszewski [pl], Weaver Under the Cross (Verpėja po kryžiumi) by Franciszka Omańkowska, Out of Love (Iš meilės) by Ivan Togobochny [uk], Our dear (Mūsų gerasis) by Žemaitė,[3]: 12  One of us must marry (Vienas iš mūsų turi apsivesti) by Jean Baptista von Schweitzer.

The studio evolved into the improvisational Vilkolakis Theatre[6] directed by Balys Sruoga and Sutkus till its closing in 1925.

The theater was located in the building of Šiauliai cinema Kapitol and frequently toured around northern Lithuania and Samogitia.

The theater remained there until 23 March 1939 (Lithuania lost Klaipėda Region to Nazi Germany as a result of the ultimatum).

In 1991, non-governmental Lithuanian Foundation of Culture established Potencija Pinkauskaitė Price for theater achievements.

On 9 February 1995, a memorial plaque and a bust of Pinkauskaitė, created by the Lithuanian sculptor Aloyzas Toleikis [lt], was unveiled on Vilnius Street in Šiauliai.