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Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating expenses:    
Research and development expenses $ 7,589,496 $ 5,346,763
General and administrative expenses 4,201,842 3,685,597
Total operating expenses 11,791,338 9,032,360
Loss from operations (11,791,338) (9,032,360)
Other income (expense):    
Interest income 96,259 42,814
Interest expense (475,141) (180,864)
Net loss (12,170,220) (9,170,410)
Comprehensive loss $ (12,170,220) $ (9,170,410)
Loss per share basic and diluted (in dollars per share) $ (0.42) $ (0.32)
Weighted average common shares outstanding basic and diluted (in shares) 28,998,616 28,812,907