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BALANCE SHEETS (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 47,105,069 $ 10,037,123
Prepaid expenses and other current assets 439,166 1,761,379
Total current assets 47,544,235 11,798,502
Property and equipment, net 8,543 16,063
Other assets 8,100 9,380
Total assets 47,560,878 11,823,945
Current liabilities:    
Accounts payable 827,307 77,782
Accrued expenses 508,079 1,096,474
Warrant liability   1,191,514
Total current liabilities 1,335,386 2,365,770
Notes payable 2,000,000  
Total liabilities 3,335,386 2,365,770
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value; 25,000,000 shares authorized, 0 shares issued and outstanding      
Common stock, $0.001 par value; 100,000,000 shares authorized, 13,941,386 issued and 13,912,155 outstanding at September 30, 2014 and 494,260 issued and 465,029 outstanding at December 31, 2013 13,941 494
Additional paid-in capital 112,940,804 1,120,680
Treasury stock at cost, 29,231 shares at September 30, 2014 and December 31, 2013 (190) (190)
Accumulated deficit (68,729,063) (61,503,015)
Total stockholders' equity (deficit) 44,225,492 (60,382,031)
Total liabilities and stockholders' equity (deficit) 47,560,878 11,823,945
Series A Preferred Stock
   
Current liabilities:    
Convertible preferred stock   30,596,604
Series B Preferred Stock
   
Current liabilities:    
Convertible preferred stock   17,929,483
Series C Preferred Stock
   
Current liabilities:    
Convertible preferred stock   $ 21,314,119