Note 4 - Reverse Merger Business Combination (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Schedule of Business Acquisition, Purchase Consideration [Table Text Block]

Dipexium market capitalization at closing	$	15,048,883
Effective settlement of pre-existing debt		(2,045,151	)
Total purchase consideration	$	13,003,732

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Fair value of purchase consideration	$	13,003,732
Fair value of tangible assets acquired:
Cash	$	11,776,427
Prepaid expenses		139,648
Fair value of identifiable intangible assets acquired:
Trademarks		100,000
In-process research and development		2,200,000
Goodwill		2,061,022
Deferred tax liabilities , net		(920,000	)
Fair value of liabilities assumed		(2,353,365	)
	$	13,003,732

Business Acquisition, Pro Forma Information [Table Text Block]

	Year Ended Dec ember 31 ,			Year Ended Dec ember 31 ,
Unaudited pro forma results	2017			2016
Revenues	$	778,657		$	20,000
Net loss	$	(16,776,931	)	$	(26,145,568	)
Net loss per share	$	(2.23	)	$	(4.33	)