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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating expenses:        
Research and development $ 2,095,149 $ 2,188,138 $ 4,110,225 $ 4,608,099
General and administrative 802,655 976,418 1,940,408 2,001,679
Total operating expenses 2,897,804 3,164,556 6,050,633 6,609,778
Loss from operations (2,897,804) (3,164,556) (6,050,633) (6,609,778)
Other expense (72,694) (76,607) (145,274) (152,133)
Net loss $ (2,970,498) $ (3,241,163) $ (6,195,907) $ (6,761,911)
Net loss per common share, basic and diluted $ (0.41) $ (0.52) $ (0.86) $ (1.10)
Weighted-average shares used to compute basic and diluted net loss per share 7,217,577 6,212,803 7,192,791 6,157,226