Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.3.1.900
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Balance, beginning at Jun. 20, 2014
Balance, beginning (in shares) at Jun. 20, 2014      
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Common stock issued as reimbursement for expenses paid for by founders $ 262 $ 39,575 $ 39,837
Common stock issued as reimbursement for expenses paid for by founders (in shares) 261,819      
Common stock issued for intellectual property contributed by founders $ 4,102 633,056 637,158
Common stock issued for intellectual property contributed by founders (in shares) 4,101,822      
Issuance of consulting warrants 715,245 715,245
Debt discount - beneficial conversion feature on convertible notes $ 212,155 $ 212,155
Extinguishment of benficial conversion feature derivative liability      
Net loss $ (2,373,751) $ (2,373,751)
Balance, ending at Dec. 31, 2014 $ 4,364 $ 1,600,031 $ (2,373,751) $ (769,356)
Balance, ending (in shares) at Dec. 31, 2014 4,363,641     4,363,641
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Common stock issued upon initial public offering ("IPO"), net of offering costs $ 6,600 29,891,411 $ 29,898,011
Common stock issued upon initial public offering ("IPO"), net of offering costs (in shares) 6,600,000      
Common stock issued for over allotment of the IPO, net of offering costs $ 642 2,963,519 2,964,161
Common stock issued for over allotment of the IPO, net of offering costs (in shares) 641,930      
Extinguishment of benficial conversion feature derivative liability 6,279,677 6,279,677
Conversion of convertible notes and accrued interest upon completion of the IPO $ 2,511 6,277,167 6,279,678
Conversion of convertible notes and accrued interest upon completion of the IPO (in shares) 2,511,871      
Reclassification of financing warrants (from derivative liability to APIC) upon completion of IPO 881,359 881,359
Stock based compensation - stock options 300,771 300,771
Stock issued for consulting services $ 20 97,780 97,800
Stock issued for consulting services (in shares) 20,000      
Warrants issued for consulting services   $ 64,726 64,726
Net loss $ (12,331,637) (12,331,637)
Balance, ending at Dec. 31, 2015 $ 14,137 $ 48,356,441 $ (14,705,388) $ 33,665,190
Balance, ending (in shares) at Dec. 31, 2015 14,137,442     14,137,442