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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Contract revenue $ 1,330,884 $ 2,630,986
Cost of revenues (1,087,315) (2,232,335)
Gross profit 243,569 398,651
Operating expenses:    
Research and development 1,217,540 1,428,499
General and administrative 764,219 875,857
Total operating expenses 1,981,759 2,304,356
Loss from operations (1,738,190) (1,905,705)
Other income (expense):    
Change in fair value of warrant liability 760,157
Interest income (expense) 4,753 (3,885)
Total other income 4,753 756,272
Net loss $ (1,733,437) $ (1,149,433)
Basic net loss per share $ (0.32) $ (0.37)
Diluted net loss per share $ (0.32) $ (0.59)
Basic weighted average common shares outstanding 5,472,449 3,127,942
Diluted weighted average common shares outstanding 5,472,449 3,260,073