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Statements of Cash Flows (USD $)
12 Months Ended 83 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Operating activities        
Net loss $ (2,836,465) $ (2,017,528) $ (2,401,244) $ (22,691,468)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense 145,966 12,505 22,705 235,677
Non-cash interest 23,261 4,042 2,426 129,327
Change in fair value of purchase right liability       188,587
Change in fair value of warrant liability 82,000 (7,250) (5,500) 54,264
Deferred rent expense 6,830     6,830
Change in operating assets and liabilities:        
Prepaid expenses and other assets (234,262) 39,459 76,353 (234,262)
Other assets (555,505)     (555,505)
Accounts payable and accrued expenses 327,905 218,909 (587,848) 842,314
Net cash used in operating activities (3,040,270) (1,749,863) (2,893,108) (22,024,236)
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     (277,779) (2,500,000)
Proceeds from issuance of common stock, net 25,120,948     25,125,528
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 (used in) financing activities 27,120,948 1,000,000 (277,779) 46,220,927
Net increase (decrease) in cash and cash equivalents 24,080,678 (749,863) (3,170,887) 24,196,691
Cash and cash equivalents at beginning of period 116,013 865,876 4,036,763  
Cash and cash equivalents at end of period 24,196,691 116,013 865,876 24,196,691
Supplemental disclosures of cash flow information        
Interest paid 128,875 20,000 1,346 228,751
Non-cash financing activities        
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
Conversion of Series A Convertible Preferred Stock to common stock at the initial public offering $ 18,225,166     $ 18,225,166