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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 107,839 $ 117,453
Prepaid expenses 1,421 2,142
Total current assets 109,260 119,595
Property and equipment, net 4,890 4,612
Operating lease right-of-use assets 1,159 0
Total assets 115,309 124,207
Current liabilities:    
Accounts payable 1,265 1,080
Related party payable 140 126
Accrued expenses 2,101 1,434
Operating lease liability, current portion 650  
Total current liabilities 4,156 2,640
Operating lease liability, net current portion 509 0
Total liabilities 4,665 2,640
Commitments and contingencies (Note 10)
Stockholders' equity / members' deficit:    
Preferred stock, $0.0001 par value - 20,000 shares authorized; none issued and outstanding as of March 31, 2022
Additional Paid in Capital 67,933 55,737
Accumulated deficit (14,554) (8,331)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 53,384 47,411
Non-controlling interest 57,260 74,156
Total stockholders' equity 110,644 121,567
Total liabilities and stockholders' equity 115,309 124,207
Common Class A [Member]    
Stockholders' equity / members' deficit:    
Common stock, value 2 2
Common Class B [Member]    
Stockholders' equity / members' deficit:    
Common stock, value 3 3
Common Class C [Member]    
Stockholders' equity / members' deficit:    
Common stock, value $ 0