Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details 2)

v3.6.0.2
Income Taxes (Details 2) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Net Deferred Tax Assets:    
Net Operating Loss Carryforwards $ 18,146,381 $ 18,050,019
Research and Development Credit Carryforwards 1,640,669 1,226,384
Capitalized Research and Development 6,398,050 4,452,114
Nonqualified Stock Option 323,832 164,292
Warrants Issued for Services 0 587
Depreciation and Amortization 3,478 137
Start-up Costs/Organization Costs 0 17,959
Cash Versus Accrual Adjustments 4,387,806 2,179,356
Total Deferred Tax Assets 30,900,216 26,090,848
Valuation Allowance (30,900,216) (26,090,848)
Net Deferred Tax Asset 0 0
Net Deferred Tax Liability:    
Net Deferred Tax Liability 1,525,896 0
Net Deferred Tax Liability $ 1,525,896 $ 0