Quarterly report pursuant to Section 13 or 15(d)

Animal Health License Agreements (Narrative) (Details)

v3.5.0.2
Animal Health License Agreements (Narrative) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Animal Health License Agreements [Abstract]          
Annual royalty commitment $ 20,000   $ 20,000    
Prior written notice period for termination of license agreement by the licensee     180 days    
Aggregate milestone payments, maximum 1,100,000   $ 1,100,000    
Additional milestone payments, maximum 2,000,000   2,000,000    
Original amount of deferred revenue 1,556,300   1,556,300    
Deferred revenue 96,698   96,698   $ 96,698
Deferred revenue, noncurrent 1,089,490   1,089,490   $ 1,162,015
Recognition of license fee revenue 24,175 $ 24,175 72,524 $ 72,524  
License fees and milestone revenue $ 1,500,000   $ 1,500,000