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Fixed Assets (Tables)
12 Months Ended
Dec. 31, 2016
Assets [Abstract]  
Schedule of useful lives and balances of fixed assets
The useful lives and balances of fixed assets at December 31, 2016 and 2015 consisted of the following:
 
 
 
Useful Life
 
2016
 
2015
 
Computer software, computer equipment and office equipment
 
3 years
 
$
516,511
 
$
516,511
 
Laboratory equipment
 
5 years
 
 
1,896,417
 
 
1,887,454
 
Furniture and fixtures
 
5 years
 
 
40,349
 
 
40,349
 
Leasehold improvements
 
5 years
 
 
309,618
 
 
309,618
 
Website development
 
3 years
 
 
374,453
 
 
298,553
 
 
 
 
 
 
3,137,348
 
 
3,052,485
 
Less — Accumulated depreciation and amortization
 
 
 
 
(2,626,156)
 
 
(2,408,585)
 
Total
 
 
 
$
511,192
 
$
643,900