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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating expenses:    
Research and development $ 6,951,600 $ 8,154,144
General and administrative 3,592,825 3,664,159
Total operating expenses 10,544,425 11,818,303
Loss from operations (10,544,425) (11,818,303)
Other expenses:    
Interest expense, net (268,029) (303,160)
Financing costs related to warrant liability (533,692)  
Change in fair value of warrant liability 597,615  
Total other expenses (204,106) (303,160)
Net loss $ (10,748,531) $ (12,121,463)
Net loss per common share, basic and diluted $ (1.15) $ (1.87)
Weighted-average shares used to compute basic and diluted net loss per share 9,338,068 6,485,794