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Condensed Statements of Cash Flows (USD $)
9 Months Ended 80 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Operating activities      
Net loss $ (1,219,767) $ (1,345,078) $ (21,074,770)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 13,881 9,378 103,592
Non-cash interest 17,446 2,021 123,512
Change in fair value of purchase right liability     188,587
Change in fair value of warrant liability 82,000 (4,550) 54,264
Changes in operating assets and liabilities:      
Prepaid expenses and other assets   39,459  
Accounts payable and accrued expenses (44,562) 201,666 469,847
Net cash used in operating activities (1,151,002) (1,097,104) (20,134,968)
Financing activities      
Proceeds from convertible promissory note     250,000
Proceeds from bank line of credit and loan advances 2,000,000 1,000,000 5,500,000
Payment on bank line of credit     (2,500,000)
Proceeds from issuance of common stock 25,200,000   25,204,580
Cash paid in connection with initial public offering (2,426,958)   (2,426,958)
Proceeds from issuance of preferred stock and purchase rights, net     17,744,041
Proceeds from exercise of stock options     101,358
Net cash provided by financing activities 24,773,042 1,000,000 43,873,021
Net change in cash and cash equivalents 23,622,040 (97,104) 23,738,053
Cash and cash equivalents at beginning of the period 116,013 865,876  
Cash and cash equivalents at end of the period 23,738,053 768,772 23,738,053
Supplemental disclosures of cash flow information      
Interest paid 94,750 4,750 194,626
Supplemental disclosures of noncash financing information      
Conversion of convertible promissory note and accrued interest to Series A Convertible Preferred Stock     $ 292,538
Issuance of Series A Convertible Preferred Stock warrants 49,000 24,250 108,486