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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 6,877 $ 5,864
Marketable securities 32,704 42,675
Prepaid expenses and other current assets 1,809 2,308
Total current assets 41,390 50,847
Property and equipment, net 5,905 6,105
Operating lease right-of-use asset 5,971 718
Other assets 246 246
Total assets 53,512 57,916
Current liabilities:    
Accounts payable 806 648
Accrued expenses and other current liabilities 2,761 1,726
Current portion of long-term debt 8,586 4,897
Current portion of operating lease liability 1,222 718
Total current liabilities 13,375 7,989
Long-term debt, less current portion 20,853 24,484
Operating lease liability, less current portion 4,749 0
Total liabilities 38,977 32,473
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value - 20,000 shares authorized; none issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 87,776 85,762
Accumulated other comprehensive loss (11) (12)
Accumulated deficit (80,372) (72,889)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 7,398 12,866
Non-controlling interest 7,137 12,577
Total stockholders' equity 14,535 25,443
Total liabilities and stockholders' equity 53,512 57,916
Common Class A [Member]    
Stockholders' equity:    
Common stock, value 3 3
Common Class B [Member]    
Stockholders' equity:    
Common stock, value 2 2
Common Class C [Member]    
Stockholders' equity:    
Common stock, value $ 0 $ 0