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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 18,984 $ 27,007
Restricted cash equivalents 500 500
Marketable securities 67,803 71,475
Prepaid expenses and other current assets 1,751 1,942
Total current assets 89,038 100,924
Property and equipment, net 5,985 6,038
Operating lease right-of-use assets 1,423 1,065
Total assets 96,446 108,027
Current liabilities:    
Accounts payable 1,511 1,460
Accrued expenses and other current liabilities 2,716 2,349
Operating lease liability, current portion 923 1,006
Total current liabilities 5,150 4,815
Operating lease liability, less current portion 500 59
Long-term debt 29,207 29,149
Total liabilities 34,857 34,023
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, 2023 and December 31, 2022 0 0
Additional Paid in Capital 78,018 75,842
Accumulated other comprehensive loss (10) (73)
Accumulated deficit (47,291) (38,919)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 30,722 36,855
Non-controlling interest 30,867 37,149
Total stockholders' equity 61,589 74,004
Total liabilities and stockholders' equity 96,446 108,027
Common Class A [Member]    
Stockholders' equity / members' deficit:    
Common stock, value 3 3
Common Class B [Member]    
Stockholders' equity / members' deficit:    
Common stock, value 2 2
Common Class C [Member]    
Stockholders' equity / members' deficit:    
Common stock, value $ 0 $ 0