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Income Statement
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Rani Therapeutics Holdings, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-05-22Dec-31-21Dec-05-21Dec-31-20Dec-31-19
   10-K8-K10-K8-K10-KS-1
Contract revenue        
Operating expenses        
Research and development  36.6 26.5 12.0 
General and administrative  26.826.827.827.85.03.5
    Total operating expenses  63.563.554.354.317.028.0
    Loss from operations  -63.5-63.5-51.6-51.6-16.5-27.1
   
Other income (expense), net        
Interest income and other, net  1.2 0.1   
   
Loss on extinguishment of debt        
Interest expense and other, net  -1.1 -0.5 -0.1 
   
Change in estimated fair value of preferred unit warrant        
    Loss before income taxes  -63.3 -53.0 -16.7 
Income tax expense  -0.1-0.10.00.00.0 
    Net loss  -63.3 -53.1 -16.7 
Net loss attributable to non-controlling interest  -32.8-32.8-44.8-44.8-16.7 
    Net loss attributable to Rani Therapeutics Holdings, Inc.  -30.6-63.3-8.3-53.1  
   
Net loss per Class A common share attributable to Rani Therapeutics Holding, Inc., basic  ($1.28) ($0.43)   
Net loss per Class A common share attributable to Rani Therapeutics Holding, Inc., diluted  ($1.28) ($0.43)   
   
Weighted-average share outstanding basic  23.8 0.0   
Weighted-average share outstanding diluted  23.8 19.5   

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