XML 61 R46.htm IDEA: XBRL DOCUMENT
v3.24.3

Stock-Based Compensation - Other (Details) - $ / shares |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | --- | --- | ---
Jan. 01, 2024 | Jan. 01, 2023 | Nov. 30, 2020 | Sep. 30, 2024 | Mar. 31, 2024 | Sep. 30, 2023 | Mar. 31, 2023 | Sep. 30, 2024 | Sep. 30, 2023 | Jan. 25, 2022
Percentage of the number of shares of common stock issued and outstanding |  |  | 1.00% |  |  |  |  |  |  |
Number of common stock shares outstanding |  |  | 150,000 |  |  |  |  |  |  |
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price (in dollars per share) |  |  |  |  |  |  |  | $ 12.86 |  |
Restricted Stock Units |  |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, award vesting period |  |  |  |  |  |  |  | 4 years |  |
Granted, number (in shares) |  |  |  |  |  |  |  | 2,146,517 |  |
Performance Based Restricted Stock Units |  |  |  |  |  |  |  |  |  |
Granted, number (in shares) |  |  |  |  |  |  |  | 520,526 |  |
Common Stock |  |  |  |  |  |  |  |  |  |
Issuance of common stock under employee stock purchase plan (in shares) |  |  |  | 104,413 | 67,982 | 59,641 | 81,281 |  |  |
Share Price (in dollars per share) |  |  |  | $ 10.00 |  |  |  | $ 10.00 |  |
Share-based Payment Arrangement, Tranche One | Performance Based Restricted Stock Units |  |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, award vesting period |  |  |  |  |  |  |  | 1 year |  |
Share-based compensation arrangement by share-based payment award, award vesting rights, percentage |  |  |  |  |  |  |  | 25.00% |  |
Share-based Payment Arrangement, Tranche Two | Performance Based Restricted Stock Units |  |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, award vesting period |  |  |  |  |  |  |  | 3 years |  |
Employee Stock Option |  |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, award vesting period |  |  |  |  |  |  |  | 4 years |  |
The 2020 Plan |  |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, percent annual increase in capital shares reserved for future issuance |  |  |  |  |  |  |  | 4.00% |  |
Share-based compensation arrangement by share-based payment award, number of additional shares authorized (in shares) | 2,745,183 |  |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, number of shares available for grant (in shares) |  |  |  | 900,518 |  |  |  | 900,518 |  |
Common stock, capital shares reserved for future issuance (in shares) |  |  |  | 473,076 |  |  |  | 473,076 |  |
2022 Inducement Plan |  |  |  |  |  |  |  |  |  |
Common stock, capital shares reserved for future issuance (in shares) |  |  |  | 27,608 |  |  |  | 27,608 |  | 310,000
Employee Stock Purchase Plan |  |  |  |  |  |  |  |  |  |
Common stock, capital shares reserved for future issuance (in shares) |  |  |  | 534,742 |  |  |  | 534,742 |  |
Available of issuance under the ESPP |  | 150,000 |  |  |  |  |  |  |  |
Share-based compensation arrangement by share-based payment award, purchase price of common stock, percent |  |  |  |  |  |  |  | 85.00% |  |
Issuance of common stock under employee stock purchase plan (in shares) |  |  |  |  |  |  |  | 172,395 | 140,922 |

X
- Definition Increase in shares available for issuance under the share based payment award. + References No definition available. + Details
Name: | lqda_ShareBasedCompensationArrangementByShareBasedPaymentAwardIncreaseInSharesAvailableForIssuance
Namespace Prefix: | lqda_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percent increase in number of shares reserved for future issuance under a share-based compensation arrangement. + References No definition available. + Details
Name: | lqda_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentAnnualIncreaseInCapitalShareReservedForFutureIssuance
Namespace Prefix: | lqda_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold increase in shares available for issuance under the share based payment award. + References No definition available. + Details
Name: | lqda_ShareBasedCompensationArrangementByShareBasedPaymentAwardThresholdIncreaseInSharesAvailableForIssuance
Namespace Prefix: | lqda_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold increase in shares available for issuance as a percentage of shares issued and outstanding under the share based payment award. + References No definition available. + Details
Name: | lqda_ShareBasedCompensationArrangementByShareBasedPaymentAwardThresholdIncreaseInSharesAvailableForIssuanceAsPercentageOfStockIssuedAndOutstanding
Namespace Prefix: | lqda_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate number of common shares reserved for future issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockCapitalSharesReservedForFutureIssuance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period over which grantee's right to exercise award under share-based payment arrangement is no longer contingent on satisfaction of service or performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, combination of market, performance or service condition. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of additional shares authorized for issuance under share-based payment arrangement. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Price of a single share of a number of saleable stocks of a company. + References No definition available. + Details
Name: | us-gaap_SharePrice
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage of vesting of award under share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Purchase price of common stock expressed as a percentage of its fair value. + References No definition available. + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of shares issued during the period as a result of an employee stock purchase plan. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=lqda_PerformanceBasedRestrictedStockUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VestingAxis=us-gaap_ShareBasedCompensationAwardTrancheOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VestingAxis=us-gaap_ShareBasedCompensationAwardTrancheTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=lqda_The2020PlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=lqda_InducementPlan2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=lqda_EmployeeStockPurchasePlan2020Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |