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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Class A Common Share

The following table sets forth the computation of basic and diluted net loss per Class A common share attributable to Rani Holdings (in thousands, except per share data):

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

Numerator:

 

 

 

Net loss per Class A common share attributable to Rani Therapeutics Holdings, Inc.

 

$

(6,223

)

Denominator:

 

 

 

Weighted average Class A common share outstanding—basic and diluted

 

 

21,409

 

Net loss per Class A common share attributable to Rani Therapeutics Holdings, Inc.—basic and diluted

 

$

(0.29

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table shows the total outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per Class A common share attributable to Rani Holdings:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

Paired Interests

 

 

24,773,286

 

Stock options

 

 

3,375,756

 

Class A Units of Rani LLC exchangeable for Class A common stock

 

 

1,387,471

 

Restricted stock units

 

 

996,500

 

Restricted stock awards

 

 

96,363

 

 

 

 

30,629,376