Condensed Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 10,738,817	$ 14,155,809
Prepaid expenses	935,866	931,461
Other current assets		137,812
Total current assets	11,674,683	15,225,082
Other assets	7,997	7,997
Total assets	11,682,680	15,233,079
Current Liabilities:
Accounts payable and accrued expenses	1,337,570	1,011,629
Accrued compensation	665,548	697,245
Other current liabilities	3,086	12,313
Current portion of long-term debt		126,806
Total current liabilities	2,006,204	1,847,993
Long-term debt, net of current portion	4,368,749	4,196,422
Total liabilities	6,374,953	6,044,415
Stockholders' equity:
Common stock, $0.0001 par value; authorized shares — 50,000,000; issued and outstanding shares — 7,085,504 and 6,112,091 at September 30, 2015 and December 31, 2014, respectively	709	611
Additional paid-in capital	50,743,478	45,127,202
Accumulated deficit	(45,436,460)	(35,939,149)
Total stockholders' equity	5,307,727	9,188,664
Total liabilities and stockholders' equity	$ 11,682,680	$ 15,233,079

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.