Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of Change in Level 3 Assets Measured at Fair Value on Non Recurring Basis

Change in Level 3 assets measured at fair value on a non-recurring basis for the years ended December 31, 2016 and 2015 is as follows:

Balance – January 1, 2015	$	300,000
Impairment of investment		(300,000	)
Balance – December 31, 2015		—
Balance – December 31, 2016	$	—

Summary of Stock-Based Compensation Allocated to Research, Development, General and Administrative Expenses

Total stock-based compensation expense included in the consolidated statements of operations was allocated to research and development and general and administrative expenses as follows:

	December 31,
	2016		2015
Research and development	$	18,467	$	32,552
General and administrative		500,012		952,562
Total stock-based compensation	$	518,479	$	985,114