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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:        
Net income/(loss) $ (5,851,435) $ (6,833,666) $ (11,507,963) $ 7,770,767
Adjustment to reconcile net income/(loss) to net cash and cash equivalents used in operating activities:        
Depreciation and amortization 3,561 4,016 7,627 12,586
Stock-based compensation 1,921,365 1,922,959 3,472,760 4,523,668
Change in fair value of derivative liability (219,776) (986,930) (1,920,837) (29,193,357)
Amortization of financing costs 10,091 0 2,437  
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets 129,243 87,708 (2,648) (171,780)
Accounts payable (300,814) 346,565 267,767 (2,199,550)
Accrued expenses (27,186) (119,194) (285,603) 485,038
Deferred rent 174 (180) 862 (6,749)
Due to related party     0 (26,039)
Net cash used in operating activities (4,334,777) (5,578,722) (9,965,598) (18,805,416)
Cash flows from investing activities:        
Purchase of property and equipment     0 (20,096)
Net cash used in investing activities     0 (20,096)
Cash flows from financing activities:        
Payment of capital lease obligation (1,855) (1,600) (3,322) (255)
Convertible notes financing issuance costs     (12,528) 0
Proceeds from issuance of convertible notes payable     2,100,000 0
Proceeds from issuance of common stock, net of issuance costs of $68,251 5,206,999 0    
Net cash provided by (used in) financing activities 5,205,144 (1,600) 2,084,150 (255)
Net increase (decrease) in cash and cash equivalents 870,367 (5,580,322) (7,881,448) (18,825,767)
Cash and cash equivalents at beginning of period 66,988 7,948,436 7,948,436 26,774,203
Cash and cash equivalents at end of period 937,355 2,368,114 66,988 7,948,436
Supplemental schedule of cash flows information:        
Cash paid for interest 534 790 1,139 143
Supplemental schedule of non-cash investing and financing activities:        
Acquisition of equipment pursuant to capital leases     $ 0 $ 11,500
Conversion of notes payable to common stock 2,100,000 0    
Conversion of accrued interest to common stock $ 28,652 $ 0