Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details 1)

v3.3.1.900
Income Taxes (Details 1) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets (liabilities)    
Share-based compensation $ 518,542 $ 489,017
Depreciation and amortization 37,186 73,894
Warrants 43,997 43,997
Accrued liability 118,386 0
Net operating loss carryforwards 7,093,015 4,379,541
Federal research and development credit carryforwards 525,001 241,318
In process research and development (1,205,141) 0
Deferred income tax assets 7,130,986 5,227,767
Valuation allowance (8,336,127) (5,227,767)
Net deferred tax liabilities $ (1,205,141) $ 0