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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities        
Net loss $ (926,272) $ (2,160,394) $ (7,980,114) $ (12,019,278)
Adjustments to reconcile net loss to net cash used in operating activities:        
Shares issued for services     164,990 78,213
Depreciation 0 72,589 238,127 351,403
Option expense 48,277 153,853 (570,991) (835,723)
Loss on disposal of property and equipment     2,320 1,167
Impairment loss     1,036,467 0
Changes in:        
Other current assets 134,231 98,565 405,005 (547,606)
Accounts payable (79,906) (186,027) (361,894) 37,356
Accrued expenses (197,496) 202,531 (382,187) (41,436)
Deferred revenue 0 (726,291) (2,905,165) 443,671
Other long-term assets     8,440 535,208
Net cash used in operating activities (1,021,166) (2,545,174) (9,203,020) (10,325,579)
Cash flows from investing activities        
Proceeds from sale of property & equipment 50,000      
Proceeds from sale of property & equipment   (485) (1,221) (92,333)
Net cash provided/(used) in investing activities 50,000 (485) (1,221) (92,333)
Cash flows from financing activities        
Common stock and warrants sold for cash, net of offering costs 413,662 0 276,912 13,282,035
Cash generated from exercise of warrants     57,985 4,410
Repurchase of fractional shares     0 (5,028)
Note payable - insurance (64,771) (55,144) (186,706) (186,114)
Payment of deferred offering cost 0 (27,512) (82,762) 0
Net cash provided by financing activities 348,891 (82,656) 65,429 13,095,303
Net change in cash and cash equivalents (622,275) (2,628,315) (9,138,812) 2,677,391
Cash and cash equivalents at beginning of period 3,444,952 12,583,764 12,583,764 9,906,373
Cash and cash equivalents at end of period 2,822,677 9,955,449 3,444,952 12,583,764
Cash paid for:        
Income tax 0 0 0 0
Interest 1,182 1,371 3,314 2,315
Non-cash transactions:        
Insurance premium financed through issuance of notes     $ 195,004 $ 184,787
Unpaid deferred offering cost $ 0 $ 8,395