Condensed Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents	$ 16,045,799	$ 24,196,691
Prepaid expenses	888,903	234,262
Total current assets	16,934,702	24,430,953
Other assets	88,459	555,505
Total assets	17,023,161	24,986,458
Current Liabilities:
Accounts payable and accrued expenses	1,299,561	284,915
Accrued compensation	537,454	557,399
Current portion of long-term debt		1,442,592
Total current liabilities	1,837,015	2,284,906
Deferred rent expense	16,889	6,830
Long-term debt, net of current portion		1,511,461
Total liabilities	1,853,904	3,803,197
Stockholders' equity:
Common stock, $0.0001 par value; authorized shares - 50,000,000; issued and outstanding shares - 6,099,547 at June 30, 2014 and 6,096,752 at December 31, 2013	610	610
Additional paid-in capital	44,362,639	43,874,119
Accumulated deficit	(29,193,992)	(22,691,468)
Total stockholders' equity	15,169,257	21,183,261
Total liabilities and stockholders' equity	$ 17,023,161	$ 24,986,458