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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenues $ 0 $ 0 $ 0
Expenses:      
Research and development 10,896,591 5,969,182 5,339,716
General and administrative 4,616,500 3,889,359 4,120,603
Total expenses 15,513,091 9,858,541 9,460,319
Loss before other income (expense) and taxes 15,513,091 9,858,541 9,460,319
Interest income 19,863 13,917 17,345
Interest expense (133,905) 0 0
Financing expense (88,939) (62,683) 0
Change in fair value of warrant liability 2,925,258 529,774 642,411
Loss before taxes (12,790,814) (9,377,533) (8,800,563)
Taxes 0 0 0
Net loss $ (12,790,814) $ (9,377,533) $ (8,800,563)
Net loss per share (in usd per share) $ (0.15) $ (0.16) $ (0.16)
Weighted average number of shares outstanding basic and diluted (in shares) 87,203,675 59,915,086 54,281,189