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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,762 $ 5,864
Contract asset 428 0
Marketable securities 23,877 42,675
Prepaid expenses and other current assets 1,677 2,308
Total current assets 29,744 50,847
Property and equipment, net 1,548 6,105
Operating lease right-of-use asset 5,096 718
Other assets 246 246
Total assets 36,634 57,916
Current liabilities:    
Accounts payable 1,359 648
Accrued expenses and other current liabilities 2,073 1,726
Current portion of long-term debt 15,000 4,897
Current portion of operating lease liability 1,459 718
Total current liabilities 19,891 7,989
Long-term debt, less current portion 9,613 24,484
Operating lease liability, less current portion 3,637 0
Total liabilities 33,141 32,473
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.0001 par value - 20,000 shares authorized; none issued and outstanding as of December 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 104,889 85,762
Accumulated other comprehensive gain (loss) 5 (12)
Accumulated deficit (102,907) (72,889)
Total stockholders' equity attributable to Rani Therapeutics Holdings, Inc. 1,992 12,866
Non-controlling interest 1,501 12,577
Total stockholders' equity 3,493 25,443
Total liabilities and stockholders' equity 36,634 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    
Stockholders' equity:    
Common stock, value $ 0 $ 0