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Net Loss Per Share (Tables)
12 Months Ended
Dec. 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):

 

 

 

Year Ended December 31,

 

 

 

2022

 

2021

 

Numerator:

 

 

 

 

 

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

 

$

(30,588

)

$

(8,331

)

Denominator:

 

 

 

 

 

Weighted average Class A common share outstanding—basic and diluted

 

 

23,817

 

 

19,534

 

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

 

$

(1.28

)

$

(0.43

)

 

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:

 

 

 

Year Ended December 31,

 

 

 

2022

 

2021

 

Paired Interests

 

 

24,116,444

 

 

29,290,391

 

Stock options

 

 

3,788,586

 

 

2,300,819

 

Non-corresponding Class A Units

 

 

1,387,471

 

 

1,545,522

 

Restricted stock units

 

 

665,500

 

 

596,500

 

Warrants

 

 

76,336

 

 

 

Restricted stock awards

 

 

67,389

 

 

113,173

 

Shares issuable pursuant to the ESPP

 

 

65,586

 

 

 

 

 

 

30,167,312

 

 

33,846,405