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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Collaboration revenue $ 15,855 $ 12,500
Total revenue 15,855 12,500
Operating expenses:    
Research and development 5,255,065 7,994,472
General and administrative 3,777,546 3,745,262
Total operating expenses 9,032,611 11,739,734
Loss from operations (9,016,756) (11,727,234)
Other income (expense), net:    
Interest income, net 412,897 235,451
Other income (expense), net 1,213 3,198
Net loss $ (8,602,646) $ (11,488,585)
Net loss per share -basic and diluted (in dollars per share) $ (0.16) $ (0.27)
Items included in other comprehensive income (loss):    
Unrealized gain (loss) and amounts reclassified to net loss on available-for-sale securities $ (14,710) $ (12,681)
Other comprehensive income (loss) (14,710) (12,681)
Comprehensive loss $ (8,617,356) $ (11,501,266)
Weighted-average number of common shares used in net loss per share calculation - basic and diluted (in shares) 55,000,743 42,434,709