Summary of Significant Accounting Policies (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2016

Dec. 31, 2015

Summary of Significant Accounting Policies [Abstract]

Summary of earnings per share

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			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		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	$	(0.49	)		1.05		$	(0.90	)	$	(2.26	)
Diluted net loss per share	$	(0.49	)		(0.45	)	$	(1.20	)	$	(2.26	)

	For the Year Ended			For the Year Ended
	December 31,  2015			December 31,  2014
Numerator:
Net loss for basic earnings per share	$	(7,831,230	)	$	(6,706,972	)
Less change in fair value of warrant liability		-			3,436,195
Net loss for diluted earnings per share	$	(7,831,230	)	$	(10,143,167	)
Denominator:
Weighted-average basic common shares outstanding		2,606,577			2,063,842
Assumed conversion of dilutive securities:
Common stock purchase warrants		-			294,652
Denominator for diluted earnings per share – adjusted weighted-average shares		2,606,577			2,358,494
Basic net loss per share	$	(3.00	)	$	(3.2 5)
Diluted net loss per share	$	(3.00	)	$	(4.3 0)

Schedule of weighted average number of common shares

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Common stock purchase warrants		492,614		188,920		188,920		492,614
Stock options		299,752		230,074		299,752		230,074
Total		792,366		418,994		488,672		722,686

	For the Year Ended		For the Year Ended
	December 31, 2015		December 31, 2014
Common stock purchase warrants		492,612		254,614
Stock options		276,861		248,828
Total		769,473		503,442