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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Licensing revenue
Total revenues
Operating Expenses:    
Research and development $ 689,018 $ 770,099
Selling, general and administrative $ 936,627 1,543,499
Loss on disposal of property and equipment 108,840
Depreciation and amortization $ 30,656 86,704
Total operating expenses 1,656,301 2,509,142
Loss from operations (1,656,301) (2,509,142)
Other Income (Expense):    
Loss on revaluation of derivative liabilities $ (325,049) (257,845)
Financing expense (5,534,000)
Loss on early extinguishment of bridge loans $ (415,725) 0
Amortization of debt discount (184,966) 0
Interest expense (39,187) (2,725)
Other expense, net (964,927) (5,794,570)
Net loss $ (2,621,228) $ (8,303,712)
Net loss per common share, basic and diluted $ (0.23) $ (0.72)
Basic and diluted weighted average common shares outstanding 11,215,007 11,548,590