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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,368,885) $ (15,760,323)
Net loss from discontinued operations 3,002,136
Adjustments to reconcile net loss to net cash used in operating activities:    
Compensation cost for stock options granted 876,189 840,103
Loss on disposal of an asset 163,333  
Impairment of intangible assets 718,970
Depreciation and amortization 303,482 272,627
Changes in operating assets and liabilities:    
Restricted cash 220,000 (275,000)
Inventory 9,276
Other assets 124,301 (110,663)
Prepaid expenses 21,692 671
Security deposits 20,650 (28,144)
Accounts payable (560,128) 301,403
Payroll liabilities (389,436) 199,594
Deferred rent (2,483)
Accrued expenses (446,712) 209,550
Other current liabilities (58,045) 21,900
Net cash used in continuing operating activities (5,374,589) (11,319,353)
Net cash used in discontinued operating activities (2,633,943)
Net cash used in operating activities (5,374,589) (13,953,296)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of furniture and equipment (9,213) (130,735)
Net cash used in continuing investing activities (9,213) (130,735)
Net cash used in discontinued investing activities (157,684)
Net cash used in investing activities (9,213) (288,419)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from issuance of common stock 4,695,869 9,456,892
Net cash provided by financing activities 4,695,869 9,456,892
NET (DECREASE) IN CASH AND CASH EQUIVALENTS (687,933) (4,784,823)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 3,715,895 8,500,718
CASH AND CASH EQUIVALENTS, ENDING OF YEAR 3,027,962 3,715,895
SUPPLEMENTAL DISCLOSURES:    
Interest paid 317
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Amortization of deferred financing costs $ 42,864 $ 355,711