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Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 24,605,674 $ 20,023,337
Marketable securities 17,072,720 22,923,462
Prepaid expenses and other current assets 1,392,905 1,018,967
Total current assets 43,071,299 43,965,766
Deferred offering costs   165,930
Fixed assets, net 214,743 43,262
Total assets 43,286,042 44,174,958
Current liabilities:    
Accounts payable 802,125 1,000,963
Accrued expenses 4,159,071 2,236,465
Current portion of credit facility 348,958 116,319
Total current liabilities 5,310,154 3,353,747
Credit facility, net of current portion and debt discount 995,291 1,220,192
Total liabilities 6,305,445 4,573,939
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value, 15,000,000 shares authorized, none issued and outstanding
Common stock, voting, $0.001 par value; 150,000,000 authorized and 20,842,198 and 19,137,639 shares issued and outstanding, respectively 20,842 19,138
Additional paid-in capital 154,051,733 139,241,635
Accumulated other comprehensive loss (2,559) (17,831)
Accumulated deficit (117,089,419) (99,641,923)
Total stockholders' equity 36,980,597 39,601,019
Total liabilities and stockholders' equity 43,286,042 44,174,958
Cash and Cash Equivalents [Member]    
Current assets:    
Cash and cash equivalents 7,605,674 2,023,337
Reverse Repurchase Agreements [Member]    
Current assets:    
Cash and cash equivalents $ 17,000,000 $ 18,000,000