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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flow from operating activities    
Net loss $ (38,734,275) $ (24,572,374)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 50,925 6,579
Share-based compensation expense 3,505,453 4,074,848
Net periodic pension benefit (gain) cost for the qualified pension plan (544) (26,776)
Other non-cash items 505,120 103,794
Changes in operating assets and liabilities:    
Other receivables (619,951) (402,638)
Operating lease right-of-use assets (5,444) 0
Prepaid expenses (9,009,006) 219,085
Trade and other payables 3,305,169 4,104,951
Operating lease liabilities (723,489) (78,270)
Accrued expenses and other current liabilities (1,112,736) (4,612,454)
Net cash flow used in operating activities (42,838,778) (21,183,255)
Cash flow from investing activities    
Purchase of short-term marketable debt securities (174,154,928) 0
Proceeds from maturities of short-term marketable debt securities 57,819,799 32,324,585
Purchase of property and equipment (211,765) 0
Net cash flow used in investing activities (116,546,894) 32,324,585
Cash flow from financing activities    
Issuance of Class A Ordinary Shares, net of transaction costs (Note 11) 52,540,190 451,285,093
Stamp duty on capital injection from MoonLake to MoonLake AG (Note 11) (1,562,235) 0
Buyback of unvested MoonLake AG Common Shares by MoonLake AG following an employee contract termination (Note 11) (50) 0
Net cash flow provided by financing activities 50,977,905 451,285,093
Effect of movements in exchange rates on cash held 29,572 (145,053)
Net change in cash and cash equivalents (108,378,195) 462,281,370
Cash and cash equivalents, beginning of period 451,169,337 39,505,627
Cash and cash equivalents, end of period 342,791,142 501,786,997
Supplementary disclosure of cash flow information:    
Non-cash operating lease right-of-use assets obtained in exchange for lease obligations $ 369,630 $ 0