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Statement of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating expenses:        
Research and development expenses $ 6,507,972 $ 2,418,915 $ 12,574,455 $ 5,636,021
General and administrative expenses 1,976,888 1,141,434 5,052,983 3,540,804
Total operating expenses 8,484,860 3,560,349 17,627,438 9,176,825
Loss from operations (8,484,860) (3,560,349) (17,627,438) (9,176,825)
Other income (expense):        
Warrant remeasurement (1,433,502) 89,293 (1,879,823) 183,817
Interest income 1,333 895 2,810 2,592
Interest expense (213,021) (47,972) (615,047) (47,972)
Loss before income taxes (10,130,050) (3,518,133) (20,119,498) (9,038,388)
Benefit for income taxes 0 0 0 0
Net loss (10,130,050) (3,518,133) (20,119,498) (9,038,388)
Cumulative dividend on Series C, C-1 and C-2 convertible preferred stock (1,827,568) (364,666) (4,257,083) (1,082,107)
Net loss attributable to common stockholders $ (11,957,618) $ (3,882,799) $ (24,376,581) $ (10,120,495)
Loss per share attributable to common stockholders basic and diluted (in dollars per share) $ (7.08) $ (2.30) $ (14.44) $ (5.99)
Weighted average common shares outstanding basic and diluted (in shares) 1,688,475 1,688,475 1,688,475 1,688,475