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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss $ (13,828) $ (5,598)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 111 136
Equity-based compensation expense 2,905 453
Change in fair value of preferred unit warrant liability 216
Non-cash operating lease expense 157 0
Other 0 67
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 721 27
Accounts payable 78 385
Accrued expenses 639 821
Operating lease liabilities (157) 0
Related party payable 14 201
Deferred revenue 0 (756)
Net cash used in operating activities (9,360) (4,048)
Cash flows from investing activities    
Purchases of property and equipment (254) (99)
Net cash used in investing activities (254) (99)
Cash flows from financing activities    
Proceeds from issuance of preferred units, net of issuance costs 0 6,320
Proceeds from exercise of warrants for common units 0 13
Payment of deferred offering costs 0 (302)
Principal and interest repayments from related party for note receivable 0 1,720
Net cash provided by financing activities 0 7,751
Net (decrease) increase in cash and cash equivalents (9,614) 3,604
Cash and cash equivalents, beginning of year 117,453 73,058
Cash and cash equivalents, end of year 107,839 76,662
Supplemental disclosures of non-cash investing and financing activities    
Property and equipment purchases included in accounts payable and accrued expenses 135 58
Deferred Financing Costs Included In Accrued Expenses 0 483
Common Class A [Member]    
Supplemental disclosures of non-cash investing and financing activities    
Exchanges of Paired Interests and non-corresponding Class A Units of Rani LLC $ 73,160 $ 0