Stockholders' Equity |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders' Equity | 10. Stockholders’ Equity As of June 30, 2026, Rani Holdings held approximately 82% of the Class A Units of Rani LLC, and approximately 18% of the outstanding Class A Units of Rani LLC are held by the Continuing LLC Owners. From the date of the Organizational Transactions to June 30, 2026, 5,378,539 Paired Interests and 362,821 non-corresponding Class A Units of Rani LLC were exchanged for an equal number of shares of the Company's Class A common stock. For each of the six months ended June 30, 2026 and 2025, none of the Continuing LLC Owners executed an exchange of any Paired Interests and none of non-corresponding Class A Units of Rani LLC, for either period. In accordance with the Amended Rani LLC Agreement, Rani LLC also issues a corresponding Class A Unit to Rani Holdings for each share of common stock issued by Rani Holdings. This increases Rani Holdings’ ownership in Rani LLC. 2026 Equity Inducement Plan On June 28, 2026, the Company’s Board of Directors adopted the 2026 Equity Inducement Plan (the "Inducement Plan") and reserved 5,500,000 shares of its Class A common stock for issuance thereunder. The Inducement Plan is intended to provide inducement awards to individuals who were not previously employees or directors of the Company, or who are commencing employment following a bona fide period of non-employment, as an inducement material to such individual's entering into employment with the Company. The terms and conditions of the Inducement Plan are substantially similar to those of the Company’s 2021 Equity Incentive Plan. |