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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 54,972,846 $ 56,959,485
Receivables 47,631 183,703
Prepaid expenses and other current assets 1,782,141 3,434,238
Total current assets 56,802,618 60,577,426
Equipment and furnishings, net 1,323,579 1,959,667
Goodwill 183,780 183,780
Other assets 38,014 48,911
Total assets 58,347,991 62,769,784
Current liabilities:    
Accounts payable 7,080,080 6,406,445
Accrued expenses and other current liabilities 2,972,082 3,830,498
Warrant liabilities 6,567,080 3,789,391
Term loan, net - current 6,701,040 5,481,656
Total current liabilities 23,320,282 19,507,990
Long term loan, net 15,813,507 18,484,510
Total liabilities 39,133,789 37,992,500
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 250,000,000 shares authorized; 153,127,389 shares issued and outstanding at June 30, 2017; 111,322,895 shares issued and outstanding at December 31, 2016 153,126 111,321
Additional paid-in capital 460,329,472 437,423,958
Accumulated deficit (441,268,396) (415,865,995)
Total stockholders' equity 19,214,202 24,777,284
Total liabilities and stockholders' equity 58,347,991 62,769,784
Series A Junior Participating Preferred Stock [Member]    
Stockholders' equity:    
Preferred Stock 0 0
Series B Convertible Preferred Shares [Member]    
Stockholders' equity:    
Preferred Stock $ 0 $ 3,108,000