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Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 10,412,968 $ 9,007,071
Prepaid expenses 334,728 267,711
Other current assets   7,997
Total current assets 10,747,696 9,282,779
Other assets 11,551 11,551
Total assets 10,759,247 9,294,330
Current Liabilities:    
Accounts payable and accrued expenses 1,720,816 478,223
Accrued compensation 927,843 933,450
Total current liabilities 2,648,659 1,411,673
Warrant liability 6,050,901 4,095,019
Total liabilities 8,699,560 5,506,692
Stockholders' equity:    
Common stock, $0.0001 par value; authorized shares - 50,000,000; issued and outstanding shares - 15,413,610 and 12,350,360 at September 30, 2017 and December 31, 2016, respectively 1,541 1,235
Additional paid-in capital 72,788,358 62,595,546
Accumulated deficit (70,730,212) (58,809,143)
Total stockholders' equity 2,059,687 3,787,638
Total liabilities and stockholders' equity $ 10,759,247 $ 9,294,330