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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
License revenue $ 0 $ 0
Expenses:    
Research and development 1,455,806 6,772,582
General and administrative 2,463,559 2,979,057
Total expenses 3,919,365 9,751,639
Loss before other income (expense) (3,919,365) (9,751,639)
Other:    
Interest income 82,934 60,543
Interest expense (692,787) (1,322,715)
Other income, net 232 1,826
Gain (loss) on warrant derivative liabilities 453,412 (32,119)
Net loss $ (4,075,574) $ (11,044,104)
Basic and diluted net loss per share (in dollars per share) $ (0.15) $ (0.60)
Basic and diluted weighted-average shares outstanding (in shares) 27,391,506 18,929,553