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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 97,181 $ 117,453
Prepaid expenses 812 2,142
Total current assets 97,993 119,595
Property and equipment, net 5,352 4,612
Operating lease right-of-use assets 999 0
Total assets 104,344 124,207
Current liabilities:    
Accounts payable 1,440 1,080
Related party payable 30 126
Accrued expenses 3,221 1,434
Operating lease liability, current portion 658  
Total current liabilities 5,349 2,640
Operating lease liability, net current portion 341 0
Total liabilities 5,690 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 June 30, 2022 and December 31, 2021 0 0
Additional Paid in Capital 69,986 55,737
Accumulated deficit (22,178) (8,331)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 47,813 47,411
Non-controlling interest 50,841 74,156
Total stockholders' equity 98,654 121,567
Total liabilities and stockholders' equity 104,344 124,207
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 $ 0