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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 7,552 $ 27,007
Marketable securities 67,054 71,475
Prepaid expenses and other current assets 1,768 2,442
Total current assets 76,374 100,924
Property and equipment, net 5,939 6,038
Operating lease right-of-use assets 1,194 1,065
Total assets 83,507 108,027
Current liabilities:    
Accounts payable 1,037 1,460
Accrued expenses and other current liabilities 3,842 2,349
Operating lease liability, current portion 856 1,006
Total current liabilities 5,735 4,815
Operating lease liability, less current portion 338 59
Long-term debt 29,265 29,149
Total liabilities 35,338 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 June 30, 2023 and December 31, 2022 0 0
Additional Paid in Capital 80,746 75,842
Accumulated other comprehensive loss (63) (73)
Accumulated deficit (56,594) (38,919)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 24,094 36,855
Non-controlling interest 24,075 37,149
Total stockholders' equity 48,169 74,004
Total liabilities and stockholders' equity 83,507 108,027
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