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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Contract revenue $ 1,028 $ 0
Operating expenses    
Research and development 26,682 39,624
General and administrative 23,946 26,475
Impairment loss 3,714 0
Total operating expenses 54,342 66,099
Loss from operations (53,314) (66,099)
Other income (expense), net    
Interest income and other, net 1,763 3,301
Interest expense and other, net (5,033) (5,085)
Net loss (56,584) (67,883)
Net loss attributable to non-controlling interest (26,566) (33,913)
Net loss attributable to Rani Therapeutics Holdings, Inc. $ (30,018) $ (33,970)
Net loss per Class A common share attributable to Rani Therapeutics Holdings, Inc.-basic $ (1.05) $ (1.33)
Net loss per Class A common share attributable to Rani Therapeutics Holdings, Inc.-diluted $ (1.05) $ (1.33)
Weighted average Class A common share outstanding-basic 28,476 25,505
Weighted average Class A common share outstanding-diluted 28,476 25,505