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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flow from operating activities    
Net loss $ (74,848,699) $ (36,191,727)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 83,440 9,869
Share-based compensation expense 5,348,062 5,500,499
Net periodic pension benefit (gain) cost for the qualified pension plan (2,678) (50,740)
Other non-cash items 1,189,056 96,364
Changes in operating assets and liabilities:    
Other receivables (1,350,200) (503,626)
Operating lease right-of-use assets (5,443) 0
Prepaid expenses (7,523,329) 869,187
Trade and other payables 8,872,919 3,149,756
Operating lease liabilities (872,121) (117,832)
Accrued expenses and other current liabilities 995,404 (3,195,591)
Net cash flow used in operating activities (68,113,589) (30,433,841)
Cash flow from investing activities    
Purchase of short-term marketable debt securities (203,334,691) (175,732,711)
Proceeds from maturities of short-term marketable debt securities 145,414,050 33,681,688
Purchase of property and equipment (343,953) 0
Net cash flow used in investing activities (58,264,594) (142,051,023)
Cash flow from financing activities    
Issuance of Class A Ordinary Shares, net of transaction costs 52,540,190 451,285,093
Stamp duty on capital injection from MoonLake to MoonLake AG (1,470,436) 0
Proceeds from options exercised under the Equity Incentive Plan 91,298 0
Buyback of unvested MoonLake AG Common Shares by MoonLake AG following an employee contract termination (50) 0
Net cash flow provided by financing activities 51,161,002 451,285,093
Effect of movements in exchange rates on cash held (295,865) (140,047)
Net change in cash and cash equivalents (75,513,046) 278,660,182
Cash and cash equivalents, beginning of period 451,169,337 39,505,627
Cash and cash equivalents, end of period 375,656,291 318,165,809
Supplementary disclosure of cash flow information:    
Non-cash operating lease right-of-use assets obtained in exchange for lease obligations $ 554,857 $ 0