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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating expenses:    
Research and development $ 8,154,144 $ 9,991,855
General and administrative 3,664,159 3,158,179
Total operating expenses 11,818,303 13,150,034
Loss from operations (11,818,303) (13,150,034)
Other expense (303,160) (97,647)
Net loss $ (12,121,463) $ (13,247,681)
Net loss per common share, basic and diluted $ (1.87) $ (2.20)
Weighted-average shares used to compute basic and diluted net loss per share 6,485,794 6,032,560