XML 63 R52.htm IDEA: XBRL DOCUMENT v3.24.3
Shareholders’ Equity - Narrative (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 08, 2024
USD ($)
shares
Jul. 10, 2023
USD ($)
Jul. 09, 2023
USD ($)
shares
Jun. 30, 2023
USD ($)
shares
Jun. 27, 2023
USD ($)
$ / shares
shares
Sep. 25, 2024
shares
Sep. 30, 2024
USD ($)
vote
$ / shares
shares
Jun. 30, 2024
USD ($)
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Sep. 30, 2023
shares
Jun. 30, 2023
shares
Mar. 31, 2023
shares
Sep. 30, 2024
vote
$ / shares
shares
Dec. 31, 2023
$ / shares
shares
Aug. 31, 2023
USD ($)
May 11, 2023
USD ($)
Dec. 31, 2022
shares
Apr. 28, 2021
shares
Class of Stock [Line Items]                                    
Sale of stock, stamp duty tax | $ $ 1,600,000 $ 2,800,000                                
Stock options exercised (in shares)             17,390                      
Common stock, conversion ratio (in shares)             33.638698           33.638698          
May 2023 Sales Agreement | ATM Shares                                    
Class of Stock [Line Items]                                    
Sale of stock, authorized amount (in shares) | $                               $ 200,000,000    
Sale of stock, remaining authorized repurchase amount | $         $ 0                          
May 2023 And August 2023 Sales Agreement | ATM Shares                                    
Class of Stock [Line Items]                                    
Sale of stock, authorized amount (in shares) | $                             $ 350,000,000      
Equity Incentive Plan                                    
Class of Stock [Line Items]                                    
Stock options exercised (in shares)             17,390           17,390          
MoonLake AG                                    
Class of Stock [Line Items]                                    
Common shares, shares outstanding (in shares)                                   110,000
MoonLake AG | MoonLake Immunotherapeutics                                    
Class of Stock [Line Items]                                    
Net proceeds from the business combination | $ 800,000   $ 38,900,000                              
Proceeds from contributions from parent | $ $ 150,000,000 $ 275,000,000                                
Underwriting Agreement                                    
Class of Stock [Line Items]                                    
Sale of stock (in shares)         8,000,000                          
Issuance price per share (USD per share) | $ / shares         $ 50.00                          
Net proceeds from the business combination | $       $ 436,700,000                            
Payments of stock issuance costs | $       $ 23,300,000                            
Underwriting Agreement | MoonLake AG | MoonLake Immunotherapeutics                                    
Class of Stock [Line Items]                                    
Sale of stock (in shares) 501   22,756                              
Over-Allotment Option                                    
Class of Stock [Line Items]                                    
Sale of stock (in shares)         1,200,000                          
Sale of stock, option to purchase, term         30 days                          
August 2023 Sales Agreement                                    
Class of Stock [Line Items]                                    
Sale of stock (in shares)                 914,828                  
Issuance price per share (USD per share) | $ / shares                 $ 58.31                  
Net proceeds from the business combination | $             $ 0 $ 0 $ 52,500,000                  
Common Stock | MoonLake AG                                    
Class of Stock [Line Items]                                    
Treasury stock, shares, acquired (in shares) 501                                  
Common Class A                                    
Class of Stock [Line Items]                                    
Common shares, shares issued (in shares)             63,046,025           63,046,025 60,466,453        
Common shares, shares outstanding (in shares)             63,046,025           63,046,025 60,466,453        
Common shares, shares authorized (in shares)             500,000,000           500,000,000 500,000,000        
Common shares, par value (USD per share) | $ / shares             $ 0.0001           $ 0.0001 $ 0.0001        
Common Class A | Common Stock                                    
Class of Stock [Line Items]                                    
Common shares, shares issued (in shares)             63,046,025 62,874,637 62,874,637       63,046,025 60,466,453        
Common shares, shares outstanding (in shares)       53,486,810     63,046,025 62,874,637 62,874,637 53,561,488 53,486,810 39,154,203 63,046,025 60,466,453     38,977,600  
Common shares, shares authorized (in shares)             500,000,000 500,000,000 500,000,000       500,000,000 500,000,000        
Common shares, par value (USD per share) | $ / shares             $ 0.0001           $ 0.0001          
Common shares, votes per share | vote             1           1          
Conversion and transfer of shares between classes (in shares)           153,998 153,998   1,493,356 74,678 4,587,713 176,603            
Stock options exercised (in shares)             17,390                      
Common Class A | Common Stock | Conversion Of Class C into Class A                                    
Class of Stock [Line Items]                                    
Conversion and transfer of shares between classes (in shares)             153,998   1,493,356                  
Common Class C                                    
Class of Stock [Line Items]                                    
Common shares, shares issued (in shares)             841,269           841,269 2,505,476        
Common shares, shares outstanding (in shares)             841,269           841,269 2,505,476        
Common shares, shares authorized (in shares)             100,000,000           100,000,000 100,000,000        
Common shares, par value (USD per share) | $ / shares             $ 0.0001           $ 0.0001 $ 0.0001        
Common Class C | MoonLake AG                                    
Class of Stock [Line Items]                                    
Common shares, shares outstanding (in shares)                                   3,700,257
Common Class C | Common Stock                                    
Class of Stock [Line Items]                                    
Common shares, shares issued (in shares)             841,269 995,267 995,267       841,269 2,505,476        
Common shares, shares outstanding (in shares)       8,959,195     841,269 995,267 995,267 8,884,517 8,959,195 13,546,908 841,269 2,505,476     13,723,511  
Common shares, shares authorized (in shares)             100,000,000 100,000,000 100,000,000       100,000,000 100,000,000        
Common shares, par value (USD per share) | $ / shares             $ 0.0001           $ 0.0001          
Common shares, votes per share | vote             1           1          
Conversion and transfer of shares between classes (in shares)           153,998 (153,998)   (1,493,356) (74,678) (4,587,713) (176,603)            
Common Class C | Common Stock | Conversion Of Class C into Class A                                    
Class of Stock [Line Items]                                    
Conversion and transfer of shares between classes (in shares)             (153,998)   (1,493,356)                  
Common Class C | Common Stock | MoonLake AG                                    
Class of Stock [Line Items]                                    
Treasury stock, shares, acquired (in shares) 16,853                                  
MoonLake AG | Common Stock                                    
Class of Stock [Line Items]                                    
Conversion and transfer of shares between classes (in shares)           4,578