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Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating expenses:    
Research and development expenses $ 12,742,085 $ 7,589,496
General and administrative expenses 4,681,516 4,201,842
Impairment charges 2,672,581 0
Total operating expenses 20,096,182 11,791,338
Loss from operations (20,096,182) (11,791,338)
Other income (expense):    
Interest income 246,639 96,259
Interest expense (990,560) (475,141)
Net loss (20,840,103) (12,170,220)
Comprehensive loss $ (20,840,103) $ (12,170,220)
Loss per share basic and diluted (in dollars per share) $ (0.67) $ (0.42)
Weighted average common shares outstanding basic and diluted (in shares) 30,965,874 28,998,616