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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (18,638,589) $ (4,962,094)
Adjustments to reconcile net loss to net cash used in operating activities:    
PIK interest expense on convertible promissory notes payable - related parties 1,206,853 2,647,529
Stock-based compensation expense and share based payments 8,102,939  
Changes in operating assets and liabilities:    
Other receivable - related parties 7,332 44,494
Prepaid expense 282,158 (50,000)
Accounts payable 269,743 329,562
Accrued expense (3,563,700) (55,000)
Accrued interest - related party 5,677  
Net cash used in operating activities (12,327,587) (2,045,509)
Cash flows from investing activities:    
Cash received from merger transaction 5,849,278  
Purchases of marketable securities (2,994,698)  
Sales and maturities of marketable securities 8,578,846  
Purchases of property and equipment (1,476)  
Net proceeds from the sale of property and equipment 482,440  
Net cash provided by in investing activities 11,914,390  
Cash flows from financing activities:    
Proceeds from convertible notes - related parties 8,500,250 1,450,000
Proceeds from advances - related party   500,000
Net cash provided by financing activities 8,500,250 1,950,000
Net increase (decrease) in cash and cash equivalents 8,087,053 (95,509)
Cash and cash equivalents at beginning of period 306,249 148,066
Cash and cash equivalents at end of period 8,393,302 $ 52,557
Supplemental disclosure of non-cash financing activities:    
Exchange of related party advances payable for convertible notes 500,000  
Related party debt restructuring $ 13,680,000