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Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating expenses:        
Research and development expenses $ 6,724,503 $ 6,507,972 $ 18,046,572 $ 12,574,455
General and administrative expenses 3,552,289 1,976,888 10,526,775 5,052,983
Total operating expenses 10,276,792 8,484,860 28,573,347 17,627,438
Loss from operations (10,276,792) (8,484,860) (28,573,347) (17,627,438)
Other income (expense):        
Warrant remeasurement 0 (1,433,502) 0 (1,879,823)
Other expense (163,463) 0 (163,463) 0
Interest income 56,082 1,333 148,272 2,810
Interest expense (375,089) (213,021) (717,263) (615,047)
Net loss (10,759,262) (10,130,050) (29,305,801) (20,119,498)
Comprehensive loss (10,759,262) (10,130,050) (29,305,801) (20,119,498)
Cumulative dividend on Series C , C-1 and C-2 convertible preferred stock 0 (1,827,568) 0 (4,257,083)
Net loss attributable to common stockholders $ (10,759,262) $ (11,957,618) $ (29,305,801) $ (24,376,581)
Loss per share attributable to common stockholders basic and diluted (in dollars per share) $ (0.37) $ (7.08) $ (1.02) $ (14.44)
Weighted average common shares outstanding basic and diluted (in shares) 28,896,941 1,688,475 28,848,842 1,688,475