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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities    
Net loss $ (44,079,117) $ (64,506,051)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 13,158 12,358
Share-based compensation expense 7,106,005 9,654,778
Net periodic pension benefit cost for the qualified pension plan (85,254) 304,031
Other non-cash items 484,762 220,880
Changes in operating assets and liabilities:    
Other receivables (839,733) (68,355)
Right-of-use assets (65,513) 0
Prepaid expenses (6,346,203) (2,730,373)
Trade and other payables 1,582,712 (1,314,318)
Operating leases liabilities (222,259) (152,425)
Accrued expenses and other current liabilities (326,725) 2,685,576
Net cash flow used in operating activities (42,778,167) (55,893,900)
Cash flow from investing activities    
Purchase of short-term marketable debt securities (175,732,711) (42,226,021)
Proceeds from maturities of short-term marketable debt securities 150,833,021 9,901,437
Purchase of property and equipment (284,634) (16,009)
Net cash flow used in investing activities (25,184,324) (32,340,593)
Cash flow from financing activities    
Issuance of Class A Ordinary Shares, net of transaction costs (Note 12) 482,454,426 0
Stamp duty on capital injection from MoonLake to MoonLake AG (Note 12) (2,752,918) 0
Proceeds from Business Combination 0 134,646,009
Contribution for par value of Class V Shares 0 42,935
Repayment of loan liability 0 (15,000,000)
Grants of additional shares under ESPP 0 3,791
Net cash flow provided by financing activities 479,701,508 119,692,735
Effect of movements in exchange rates on cash held (75,307) 8,540
Net change in cash and cash equivalents 411,663,710 31,466,782
Cash and cash equivalents, beginning of period 39,505,627 8,038,845
Cash and cash equivalents, end of period 451,169,337 39,505,627
Supplementary disclosure of cash flow information:    
Cash paid for income taxes 41,713 4,312
Non-cash operating lease assets obtained in exchange for lease obligations 3,637,545 435,005
Cash paid for amounts included in the measurement of lease liabilities $ 422,519 $ 155,552