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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Contract revenue $ 990,971 $ 3,160,050 $ 2,321,855 $ 5,791,037
Cost of revenues (677,167) (2,342,539) (1,764,482) (4,574,874)
Gross profit 313,804 817,511 557,373 1,216,163
Operating expenses:        
Research and development 1,783,714 827,832 3,001,254 2,256,332
General and administrative 846,919 999,637 1,611,138 1,875,494
Total operating expenses 2,630,633 1,827,469 4,612,392 4,131,826
Loss from operations (2,316,829) (1,009,958) (4,055,019) (2,915,663)
Other income (expense):        
Change in fair value of warrant liability 525,328 1,285,485
Other income 390,599 390,599
Interest income (expense) 5,231 1,256 9,984 (2,629)
Total other income (expense) 5,231 917,183 9,984 1,673,455
Net loss $ (2,311,598) $ (92,775) $ (4,045,035) $ (1,242,208)
Basic net loss per share $ (0.41) $ (0.03) $ (0.73) $ (0.39)
Diluted net loss per share $ (0.41) $ (0.19) $ (0.73) $ (0.77)
Basic weighted average common shares outstanding 5,601,879 3,176,937 5,537,164 3,152,439
Diluted weighted average common shares outstanding 5,601,879 3,273,378 5,537,164 3,267,981