Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Property And Equipment Estimated Useful Lives

The estimated useful life of the different groups of property and equipment is as follows:

Asset Classification	Estimated useful life (in years)
Leasehold improvements	shorter of useful life or remaining life of the lease
Laboratory equipment	1 - 14
Office and computer equipment	1 - 15

Schedule of Fair Value Assumptions

Accordingly, the weighted-average fair value of the options granted during the years ended December 31, 2015 and 2014 was $2.02 and $1.30, respectively based on the following assumptions:

	Years Ended December 31,
	2015	2014
Risk free interest rate	1.47%-1.89%	1.77%
Expected term	5.0 – 6.1 years	5.6 – 5.8 years
Dividend yield	—	—
Expected volatility	72.65%-75.07%	74.66%

Schedule of Stock-Based Compensation Expense

Total stock-based compensation expense was recorded in operating expenses based upon the functional responsibilities of the individuals holding the respective options as follows:

	Years Ended December 31,
	2015		2014
Research and development	$	379,066	$	7,623
General and administrative		785,567		563,759
Total stock-based compensation	$	1,164,633	$	571,382

Schedule of Changes to Accumulated Other Comprehensive Income

Changes to accumulated other comprehensive income as of December 31, 2015 were as follows:

	Foreign Currency Translation Adjustment			Accumulated Other Comprehensive Income
Balance—December 31, 2013	$	(956,273	)	$	(956,273	)
Current period other comprehensive loss		113,176			113,176
Balance—December 31, 2014		(843,097	)		(843,097	)
Current period other comprehensive loss		(429,477	)		(429,477	)
Balance—December 31, 2015	$	(1,272,574	)	$	(1,272,574	)