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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Sep. 30, 2015
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (737,727) $ (2,902,268) $ (1,288,003)
Adjustments to reconcile net loss to net cash used in operating activities:      
Amortization of debt issuance costs 14,000 $ 28,000
Stock-based compensation expense 470,185 $ 486,271
Gain on revaluation of derivative warrant liability (8,588) (332,095)
Changes in operating assets and liabilities:      
Prepaid expenses 9,174 (60,000) $ (9,174)
Accounts payable (66,320) 452,981 75,097
Accrued expenses 56,764 (52,057) 3,033
Accrued interest 79,067 7,500 77,472
Due to related party 281 14,252 18,309
Net Cash Used In Operating Activities $ (183,164) $ (2,385,416) (1,095,266)
Cash flows from financing activities:      
Proceeds from convertible promissory notes 225,000
Proceeds from promissory notes 600,000
Proceeds from subordinated convertible promissory note $ 350,000
Proceeds from issuance of common stock $ 50,000
Net proceeds from private placement $ 1,630,834 $ 1,509,493
Deferred offering costs $ (25,000)
Debt issuance costs (42,000)
Net Cash Provided by Financing Activities $ 1,680,834 $ 1,509,493 1,108,000
Increase (Decrease) in Cash and Cash Equivalents 1,497,670 (875,923) 12,734
Cash and Cash Equivalents - Beginning of Period 54,390 1,552,060 41,656
Cash and Cash Equivalents - End of Period $ 1,552,060 $ 676,137 $ 54,390
Supplemental Disclosures of Cash Flow Information and Non-cash Transactions:      
Interest paid
Income taxes paid
Fair value of warrants issued in connection with private placement and recorded as derivative warrant liability $ 1,459,531 $ 768,435
Reclassification of derivative warrant liability to additional paid-in capital 1,148,328
Conversion of promissory notes and accrued interest into common stock $ 633,333
Conversion of convertible promissory notes and accrued interest into common stock $ 1,836,813
Conversion of subordinated convertible promissory note and accrued interest into common stock $ 394,245