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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2015
Summary of Significant Accounting Policies [Abstract] |
Schedule of Short-Term Investments |
|  | June 30, 2015 |
|  | Amortized cost |  |  | Gross unrealized gains |  |  | Gross unrealized losses |  |  | Estimated fair value |
Certificates of deposit |  | $ | 925,000 |  |  | $ | 62 |  |  | $ | - |  |  | $ | 925,062 |
Municipal bonds |  |  | 171,234 |  |  |  | - |  |  |  | (2,787 | ) |  |  | 168,447 |
|  | $ | 1,096,234 |  |  | $ | 62 |  |  | $ | (2,787 | ) |  | $ | 1,093,509 |
|  | December 31, 2014
|  | Amortized cost |  |  | Gross unrealized gains |  |  | Gross unrealized losses |  |  | Estimated fair value
Certificates of deposit |  | $ | 1,099,775 |  |  | $ | 1,168 |  |  | $ | - |  |  | $ | 1,100,943
Municipal bonds |  |  | 536,046 |  |  |  | - |  |  |  | (6,572 | ) |  |  | 529,474
Corporate fixed income bonds |  |  | 3,563,057 |  |  |  | 808,948 |  |  |  | - |  |  |  | 4,372,005
|  | $ | 5,198,878 |  |  | $ | 810,116 |  |  | $ | (6,572 | ) |  | $ | 6,002,422
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis |
Financial Instrument |  | Level |  |  | June 30, 2015 |  |  | December 31, 2014 |
Warrant liability |  |  | 3 |  |  | $ | 2,229 |  |  | $ | 93,789 |
Schedule of Warrant Liability Fair Value Assumptions |
|  | June 30, 2015 |  |  | December 31, 2014 |
Strike price |  | $ | 10.00 |  |  | $ | 10.00 |
Market price |  | $ | 2.07 |  |  | $ | 4.87 |
Expected life |  | 3.68 years |  |  | 4.17 years |
Risk-free interest rate |  |  | 1.62 | % |  |  | 1.62 | %
Dividend yield |  |  | 0.00 | % |  |  | 0.00 | %
Volatility |  |  | 37 | % |  |  | 42 | %
Warrants outstanding |  |  | 131,250 |  |  |  | 131,250 |
Fair value of warrants |  | $ | 2,229 |  |  | $ | 93,789 |
Schedule of Changes in Fair Value of Warrant Liability |
Balance – January 1, 2015 |  | $ | (93,789 | )
Decrease in net value of warrant liability |  |  | 91,560 |
Balance – June 30, 2015 |  | $ | (2,229 | )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
|  | 2015 |  |  | 2014 |
Warrants to purchase common stock |  |  | 362,500 |  |  |  | 131,250 |
Stock options |  |  | 340,857 |  |  |  | 183,000 |
Unvested restricted stock |  |  | 200,001 |  |  |  | - |
|  |  | 903,358 |  |  |  | 314,250 |

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