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Consolidated Statement of Operations and Comprehensive Loss - USD ($)
3 Months Ended 5 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Revenue   $ 0
Operating Expenses:    
Research and development $ 64,022 411,741
General and administrative 947,970 1,772,169
Total operating expenses 1,011,992 2,183,910
Loss from operations (1,011,992) (2,183,910)
Other income (loss):    
Interest and dividend income, net 54 11,173
Change in fair value of conversion feature 7,110 1,385
Realized loss on available-for-sale securities   (16,406)
Total other (loss) income 7,164 (3,848)
Net loss $ (1,004,828) (2,187,758)
Other Comprehensive Loss    
Unrealized loss on available-for-sale securities before reclassification, net of tax   16,406
Reclassification adjustment for loss, net of tax   (16,406)
Other Comprehensive Loss   0
Comprehensive Loss   $ (2,187,758)
Basic and diluted net loss per common share (in dollar per share) $ (0.11) $ (0.65)
Weighted average number of shares outstanding - basic and diluted (in shares) 9,537,523 3,353,282