Condensed Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents	$ 12,176,682	$ 24,196,691
Prepaid expenses	1,131,685	234,262
Total current assets	13,308,367	24,430,953
Other assets	82,553	555,505
Total assets	13,390,920	24,986,458
Current Liabilities:
Accounts payable and accrued expenses	1,049,369	284,915
Accrued compensation	636,098	557,399
Current portion of long-term debt		1,442,592
Total current liabilities	1,685,467	2,284,906
Deferred rent expense	14,714	6,830
Long-term debt, net of current portion		1,511,461
Total liabilities	1,700,181	3,803,197
Stockholders' equity:
Common stock, $0.0001 par value; authorized shares — 50,000,000; issued and outstanding shares — 6,112,091 at September 30, 2014 and 6,096,752 at December 31, 2013	611	610
Additional paid-in capital	44,709,474	43,874,119
Accumulated deficit	(33,019,346)	(22,691,468)
Total stockholders' equity	11,690,739	21,183,261
Total liabilities and stockholders' equity	$ 13,390,920	$ 24,986,458