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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating expenses:        
Research and development $ 1,759,305 $ 1,941,743 $ 3,946,420 $ 5,739,456
General and administrative 1,559,399 3,852,406 4,908,424 10,070,878
Depreciation 27,374 5,822 39,767 19,520
Loss from operations 3,346,078 5,799,971 8,894,611 15,829,854
Other expense (income):        
Interest (income) expense, net (1,318) 1,378 73,290 854
Change in fair value of warrant liability (Note 11) (8,441,616) (18,909,792)
Warrant related expenses (Note 8) 10,225,846
Other financing expenses 2,870,226
Income (loss) from operations before income tax benefit 5,096,856 (5,801,349) (3,154,181) (15,830,708)
Income tax benefit (364,796) (364,796)
Net income (loss) $ 5,096,856 $ (5,436,553) $ (3,154,181) $ (15,465,912)
Per share information:        
Net income (loss) per share of common stock, basic (in dollars per share) $ 0.21 $ (0.53) $ (0.35) $ (1.52)
Net income (loss) per share of common stock, diluted (in dollars per share) $ 0.20 $ (0.53) $ (1.83) $ (1.52)
Weighted average shares outstanding, basic (in shares) 13,937,869 10,333,898 11,709,128 10,198,491
Weighted average shares outstanding, diluted (in shares) 14,714,853 10,333,898 12,525,707 10,198,491