CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 28,689,258	$ 27,040,325
Short-term Investments	11,991,949
Prepaid Expenses	229,547	120,128
TOTAL CURRENT ASSETS	40,910,754	27,160,453
OTHER ASSETS
Security Deposit	49,385	49,385
TOTAL OTHER ASSETS	49,385	49,385
TOTAL ASSETS	40,960,139	27,209,838
CURRENT LIABILITIES
Accounts Payable and Accrued Expenses	1,169,156	1,260,598
TOTAL LIABILITIES	$ 1,169,156	$ 1,260,598
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Common Stock: $.001 par value, 30,000,000 shares authorized, 10,269,507 and 8,538,329 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	$ 10,269	$ 8,538
Additional paid-in capital	70,318,604	48,259,451
Accumulated deficit	(30,537,890)	(22,318,749)
TOTAL SHAREHOLDERS' EQUITY	39,790,983	25,949,240
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 40,960,139	$ 27,209,838