Rani Therapeutics Holdings, Inc. (RANI) Financial Statements (2024 and earlier)
Company Profile
Business Address |
2051 RINGWOOD AVENUE SAN JOSE, CA 95131 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
---|---|---|---|---|---|
ASSETS | |||||
Current Assets | |||||
Cash, cash equivalents, and short-term investments | 27,007 | 117,453 | |||
Cash and cash equivalents | 27,007 | 117,453 | |||
Restricted cash and investments | 500 | ||||
Prepaid expense | 1,942 | 2,142 | |||
Other undisclosed current assets | 71,475 | ||||
Total current assets: | 100,924 | 119,595 | |||
Noncurrent Assets | |||||
Operating lease, right-of-use asset | 1,065 | ||||
Property, plant and equipment | 6,038 | 4,612 | |||
Total noncurrent assets: | 7,103 | 4,612 | |||
TOTAL ASSETS: | 108,027 | 124,207 | |||
LIABILITIES AND EQUITY | |||||
Liabilities | |||||
Current Liabilities | |||||
Accounts payable and accrued liabilities | 3,756 | 2,514 | |||
Accounts payable | 1,460 | 1,080 | |||
Accrued liabilities | 2,296 | 1,434 | |||
Debt | |||||
Due to related parties | ✕ | 53 | 126 | ||
Other undisclosed current liabilities | 1,006 | ||||
Total current liabilities: | 4,815 | 2,640 | |||
Noncurrent Liabilities | |||||
Long-term debt and lease obligation | 29,149 | ||||
Long-term debt, excluding current maturities | 29,149 | ||||
Liabilities, other than long-term debt | 59 | ||||
Operating lease, liability | 59 | ||||
Total noncurrent liabilities: | 29,208 | ||||
Total liabilities: | 34,023 | 2,640 | |||
Equity | |||||
Equity, attributable to parent, including: | 36,855 | 47,411 | |||
Additional paid in capital | 75,842 | 55,737 | |||
Accumulated other comprehensive loss | (73) | ||||
Accumulated deficit | (38,919) | (8,331) | |||
Other undisclosed equity, attributable to parent | 5 | 5 | |||
Equity, attributable to noncontrolling interest | 37,149 | 74,156 | |||
Total equity: | 74,004 | 121,567 | |||
TOTAL LIABILITIES AND EQUITY: | 108,027 | 124,207 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
---|---|---|---|---|
Revenues | 2,717 | |||
Gross profit: | 2,717 | |||
Operating expenses | (63,451) | 54,316 | ||
Other undisclosed operating loss | (108,632) | |||
Operating loss: | (63,451) | (51,599) | ||
Nonoperating income (Investment Income, Nonoperating) | 89 | |||
Interest and debt expense | (1,071) | (1,166) | ||
Loss from continuing operations before equity method investments, income taxes: | (64,522) | (52,676) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 1,248 | (371) | ||
Loss from continuing operations before income taxes: | (63,274) | (53,047) | ||
Income tax expense (benefit) | (70) | (41) | ||
Loss from continuing operations: | (63,344) | (53,088) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | (53,088) | |
Net loss: | (63,344) | (53,088) | ||
Net income attributable to noncontrolling interest | 32,756 | 44,757 | ||
Net loss available to common stockholders, diluted: | (30,588) | (8,331) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
---|---|---|---|---|
Net loss: | (63,344) | (53,088) | ||
Other comprehensive income (loss) | (149) | |||
Other undisclosed comprehensive loss | ||||
Comprehensive loss: | (63,493) | (53,088) | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 32,832 | 44,757 | ||
Comprehensive loss, net of tax, attributable to parent: | (30,661) | (8,331) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.