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Summary of Significant Accounting Policies (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Numerator:        
Net income/(loss) for basic earnings per share $ (1,673,217) $ 2,774,348 $ (2,915,424) $ (5,772,668)
Less change in fair value of warrant liability 4,047,742 1,109,192
Net loss for diluted earnings per share $ (1,673,217) $ (1,273,394) $ (4,024,616) $ (5,772,668)
Denominator:        
Weighted-average basic common shares outstanding [1] 3,432,081 2,648,240 3,245,653 2,553,930
Assumed conversion of dilutive securities:        
Common stock purchase warrants 180,818 102,184
Denominator for diluted earnings per share - adjusted weighted-average shares 3,432,081 2,829,058 3,347,837 2,553,930
Basic net income (loss) per share [1] $ (0.49) $ 1.05 $ (0.90) $ (2.26)
Diluted net loss per share [1] $ (0.49) $ (0.45) $ (1.20) $ (2.26)
[1] Adjusted to reflect the reverse stock split of one-for-ten effective October 7, 2016.