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STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Licensing revenue $ 100,000 $ 200,000 $ 100,000
Expenses:      
Research and development 19,840,106 35,930,212 43,395,574
General and administrative 12,502,042 15,990,789 19,664,904
Depreciation and amortization 629,312 536,631 317,649
Total expenses 32,971,460 52,457,632 63,378,127
Loss before other income (expense) (32,871,460) (52,257,632) (63,278,127)
Other income (expense):      
Interest income 365,584 255,123 233,958
Interest expense (3,831,211) (2,754,677) 0
Other income (expense), net (16,322) 159,148 20,151
Gain on warrant liabilities 1,367,777 3,827,617 4,437,628
Loss before provision for income taxes (34,985,632) (50,770,421) (58,586,390)
Provision for income taxes (800) (800) (800)
Net loss $ (34,986,432) $ (50,771,221) $ (58,587,190)
Basic and diluted net loss per share (in dollars per share) $ (1.46) $ (3.78) $ (5.82)
Basic and diluted weighted-average shares outstanding (in shares) 24,042,293 13,510,629 10,080,526