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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net loss $ (6,521,000) $ (7,641,679)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 30,062 17,432
Loss on extinguishment of debt 207,713  
Stock-based compensation 444,170 229,064
Amortization of debt issuance costs and debt discount 180,670 269,019
Change in fair value of warrants (247,321)  
Changes in assets and liabilities    
Accounts receivable - trade (7,228) 36,755
Other receivable (197,876)  
Inventory 16,579 (46,753)
Prepaid expenses (57,807) (526,147)
Deferred offering costs 61,780  
Due from parent 77,624 3,199
Deferred collaboration revenue 1,451,789  
Deferred product revenue (39,780) 10,730
Deferred rent 315 3,321
License fee payable   (425,000)
Accounts payable 2,909,770 (115,306)
Accrued expenses 224,329 (117,690)
Total cash used in operations (1,466,211) (8,303,055)
Cash Flows from Investing Activities    
Purchase of equipment   (98,266)
Change in restricted cash 511,293 1,855,703
Total cash provided by investing activities 511,293 1,757,437
Cash Flows from Financing Activities    
Repayment of long-term debt (991,749) (1,855,703)
Proceeds from issuance of convertible debt 1,700,000  
Proceeds from issuance of common stock in follow-on secondary public offering, net of commissions, discounts   5,000,000
Total Cash Provided by Financing Activities 2,764,787 2,723,131
Net increase in cash and cash equivalents 1,809,869 (3,822,487)
Cash and cash equivalents, beginning of period 950,979 7,697,531
Cash and cash equivalents, end of period 2,760,848 3,875,044
Secondary public offering    
Cash Flows from Financing Activities    
Deferred offering costs   (869,898)
Private Investment in Public Entities June 2016    
Cash Flows from Financing Activities    
Proceeds from issuance of common stock in a private investment in public entities 2,071,317 500,000
Deferred offering costs (61,781) $ (51,268)
Private Investment in Public Entities June 2017    
Cash Flows from Financing Activities    
Proceeds from issuance of common stock in a private investment in public entities 50,000  
Deferred offering costs $ (3,000)