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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash $ 905,656 $ 585,680
Prepaid fees to related party 25,000  
Prepaid expenses and other current assets 141,843 155,490
Total current assets 1,072,499 741,170
Equipment, net 21,599 18,000
Deferred offering costs   111,249
Total assets 1,094,098 870,419
Current liabilities    
Accounts payable 934,208 949,413
Accrued expenses and other current liabilities 212,158 240,073
Series A Warrants 3,264,309  
Derivative liability 997,898  
Total liabilities 5,408,573 1,189,486
COMMITMENTS AND CONTINGENCIES (NOTE 9)
Series A Convertible Preferred Stock, par value $0.001, 20,000,000 shares authorized; 422,838 and 0 shares of Series A Convertible Preferred Stock issued and outstanding at March 31, 2017 and December 31, 2016, respectively
Stockholders' Deficit    
Common stock, par value $0.001; 50,000,000 shares authorized, 13,331,211 and 13,330,811 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 13,331 13,331
Additional paid-in capital 7,644,117 7,369,437
Accumulated deficit (11,971,923) (7,701,835)
Total Stockholders' Deficit (4,314,475) (319,067)
Total Liabilities, Series A Convertible Preferred Stock, and Stockholders' Deficit $ 1,094,098 $ 870,419