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Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 7,697,531 $ 845,192
Accounts receivable 55,867  
Due from former parent 3,199  
Inventory 229,871 198,029
Deferred offering costs 143,231 2,480,049
Prepaid expenses 324,083 24,170
Total current assets 8,453,782 3,547,440
Property and equipment, net 829,232 872,523
Restricted cash 3,000,000  
Other Assets 122,163  
Total assets 12,405,177 4,419,963
Current liabilities:    
Accounts payable 574,462 698,318
License fee payable to former parent 425,000  
Due to former parent   16,581
Deferred revenue 251,936 23,802
Convertible notes payable 150,000 424,674
Notes Payable   392,042
Warrant liability   601,889
Accrued expenses 798,434 1,317,991
Current portion of long-term debt 1,707,899  
Total current liabilities 3,907,731 3,475,297
Long-term debt, net of discount 4,095,028  
License fee payable to former parent   1,875,000
Deferred rent 3,321  
Total liabilities $ 8,006,080 $ 5,350,297
Commitments and Contingencies (See note 7)
Stockholders' Equity (Deficit):    
Preferred stock: $0.0001 par value, 10,000,000 and 0 shares authorized at December 31, 2015 and December 31, 2014, respectively; no shares issued and outstanding at December 31, 2015 and December 31, 2014.
Common stock: $0.0001 par value, 50,000,000 and 15,000,000 shares authorized at December 31, 2015 and December 31, 2014, respectively; 8,124,923 and 2,874,330 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively. $ 812 $ 288
Additional paid-in capital 30,100,613 1,175,242
Accumulated deficit (25,702,328) (9,410,778)
Total stockholders' equity (deficit) 4,399,097 (8,235,248)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) 12,405,177 4,419,963
Series A redeemable convertible preferred stock    
Current liabilities:    
Series A redeemable convertible preferred stock; $0.0001 par value, 0 and 3,017,488 shares authorized at December 31, 2015 and December 31, 2014, respectively; 0 and 3,015,902 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively; (liquidation preferrence of $0 and $6,777,338 at December 31, 2015 and December 31, 2014, respectively). $ 0 $ 7,304,914