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Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows from Operating Activities    
Net loss $ (3,937,383) $ (1,966,480)
Adjustments to reconcile net loss to net cash used in operating activities:    
Materials cost in connection with license activity 6,287 1,082,626
Stock-based compensation 52,617  
Accretion of debt discount 796,406 5,514
Revaluation of warrant liability 328,516  
Amortization of deferred finance charge 49,555 3,894
Changes in assets and liabilities:    
Accounts receivable - trade (8,140)  
Inventory (116,185)  
Prepaid license fee   100,000
Prepaid expenses (98,145) (25,512)
Other current assets (11,185)  
Due to parent 4,663 (35,526)
Deferred revenue 365,138  
License fee payable (25,000)  
Accounts payable 1,063,665 242,779
Accrued expenses 190,342 (20,412)
Total cash used in operations (1,338,849) (613,117)
Cash Flows from Financing Activities    
Loan advance 1,000,000  
Proceeds from issuance of redeemable convertible preferred stock, net   4,880,903
Proceeds from issuance of redeemable convertible notes payable, net 250,000  
Deferred offering costs (10,000) (205,067)
Total Cash Provided by Financing Activities 1,240,000 4,675,836
Net increase in cash and cash equivalents (98,849) 4,062,719
Cash and cash equivalents, beginning of period 845,192 [1] 185,367
Cash and cash equivalents, end of period 746,343 4,248,086
Supplemental Schedule of Non-Cash Financing and Investing Activities    
Equipment received in connection with license agreement   817,374
Notes payable converted into common stock   525,000
Warrants issued in connection with convertible notes payable 47,479 0
Accretion of redeemable convertible preferred stock 187,086 79,846
Abatement of license fee payable to Napo $ 250,000 $ 0
[1] The condensed balance sheet at December 31, 2014 is derived from the audited financial statements at that date included in the Company's prospectus filed with the Securities and Exchange Commission pursuant to rule 424 (b)(4)on May 14, 2015.