Energous (WATT) 10-K 16 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 06, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Registrant Name	Energous Corp
Entity Central Index Key	1,575,793
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 216,604,925
Trading Symbol	WATT
Entity Common Stock, Shares Outstanding		20,525,942

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 31,258,637	$ 29,872,564
Accounts receivable	149,500	0
Prepaid expenses and other current assets	1,374,585	722,249
Prepaid rent, current	80,784	80,784
Total current assets	32,863,506	30,675,597
Property and equipment, net	2,209,475	1,730,365
Prepaid rent, non-current	137,452	218,236
Other assets	48,507	51,330
Total assets	35,258,940	32,675,528
Current liabilities:
Accounts payable	4,707,763	2,324,973
Accrued expenses	1,867,995	1,075,879
Deferred revenue	131,959	0
Total current liabilities	6,707,717	3,400,852
Commitments and contingencies
Stockholders’ equity:
Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2016 and December 31, 2015; no shares issued or outstanding	0	0
Common Stock, $0.00001 par value, 50,000,000 shares authorized at December 31, 2016 and December 31, 2015; 20,367,929 and 16,298,208 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively.	202	161
Additional paid-in capital	153,075,595	107,981,695
Accumulated deficit	(124,524,574)	(78,707,180)
Total stockholders’ equity	28,551,223	29,274,676
Total liabilities and stockholders’ equity	$ 35,258,940	$ 32,675,528

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	20,367,929	16,298,208
Common stock, shares outstanding	20,367,929	16,298,208

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenue:
Revenue	$ 1,451,941	$ 2,500,000	$ 0
Operating expenses:
Research and development	32,832,677	18,825,041	12,511,647
Sales and marketing	3,201,549	3,221,303	2,803,359
General and administrative	11,248,435	8,030,995	5,059,703
Total operating expenses	47,282,661	30,077,339	20,374,709
Loss from operations	(45,830,720)	(27,577,339)	(20,374,709)
Other income (expense):
Change in fair value of derivative liabilities	0	0	(26,265,177)
Interest income (expense), net	13,326	15,637	(1,024,774)
Loss on retirement of fixed assets	0	0	(22,818)
Gain on debt extinguishment	0	0	2,084,368
Total	13,326	15,637	(25,228,401)
Net loss	$ (45,817,394)	$ (27,561,702)	$ (45,603,110)
Basic and diluted loss per common share	$ (2.60)	$ (2.07)	$ (5.75)
Weighted average shares outstanding, basic and diluted	17,649,013	13,303,715	7,933,791

STATEMENT OF CHANGES IN STOCKHO

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2013	$ (5,345,092)	$ 27	$ 197,249	$ (5,542,368)
Balance (in shares) at Dec. 31, 2013		2,708,217
Issuance of shares for services, net of commission expense	900,000	$ 2	899,998	0
Issuance of shares for services, net of commission expense (in shares)		210,527
Stock-based compensation - stock options	1,333,943	$ 0	1,333,943	0
Stock-based compensation - IR warrants	263,972	0	263,972	0
Stock-based compensation - restricted stock units ("RSUs")	900,063	0	900,063	0
Stock-based compensation - shares issued to consultant for services rendered	50,000	$ 0	50,000	0
Stock-based compensation - shares issued to consultant for services rendered (in shares)		5,353
Initial public offering on April 2, 2014, net of underwriter's discount and offering costs of $2,816,149	24,783,851	$ 46	24,783,805	0
Initial public offering on April 2, 2014, net of underwriter's discount and offering costs of $2,816,149 (in shares)		4,600,000
Conversion of convertible notes on April 2, 2014	26,790,177	$ 19	26,790,158	0
Conversion of convertible notes on April 2, 2014 (in shares)		1,930,128
Sale of IPO underwriter warrant on April 2, 2014	1,000	$ 0	1,000	0
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014	5,752,000	0	5,752,000	0
Shares issued to landlord for prepaid rent	500,000	$ 0	500,000	0
Shares issued to landlord for prepaid rent (in shares)		41,563
Secondary offering net of underwriter's discount and offering costs	20,993,759	$ 33	20,993,726	0
Secondary offering net of underwriter's discount and offering costs (in shares)		3,285,714
Net loss	(45,603,110)	$ 0	0	(45,603,110)
Balance at Dec. 31, 2014	31,320,563	$ 127	82,465,914	(51,145,478)
Balance (in shares) at Dec. 31, 2014		12,781,502
Issuance of shares for services, net of commission expense	147,900	$ 0	147,900	0
Issuance of shares for services, net of commission expense (in shares)		15,000
Stock-based compensation - stock options	1,037,399	$ 0	1,037,399	0
Stock-based compensation - IR warrants	85,831	0	85,831	0
Stock-based compensation - restricted stock units ("RSUs")	4,225,728	0	4,225,728	0
Stock-based compensation - employee stock purchase plan ("ESPP")	113,217	0	113,217	0
Stock-based compensation - performance share units ("PSUs")	489,239	0	489,239	0
Issuance of shares for RSUs	0	$ 3	(3)	0
Issuance of shares for RSUs (in shares)		304,340
Issuance of shares for PSUs	0	$ 0	0	0
Issuance of shares for PSUs (in shares)		1,072
Exercise of stock options	65,647	$ 0	65,647	0
Exercise of stock options (in shares)		21,786
Disgorgement on account of short swing profit	12,611	$ 0	12,611	0
Cashless exercise of warrants	0	$ 1	(1)	0
Cashless exercise of warrants (in shares)		128,480
Shares purchased from contributions to the ESPP	289,787	$ 0	289,787	0
Shares purchased from contributions to the ESPP (In shares)		46,023
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014	0
Secondary offering net of underwriter's discount and offering costs	19,048,456	$ 30	19,048,426	0
Secondary offering net of underwriter's discount and offering costs (in shares)		3,000,005
Net loss	(27,561,702)	$ 0	0	(27,561,702)
Balance at Dec. 31, 2015	29,274,676	$ 161	107,981,695	(78,707,180)
Balance (in shares) at Dec. 31, 2015		16,298,208
Issuance of shares for services, net of commission expense	0
Stock-based compensation - stock options	1,045,081	$ 0	1,045,081	0
Stock-based compensation - restricted stock units ("RSUs")	5,735,032	0	5,735,032	0
Stock based compensation - deferred stock units ("DSUs")	123,644	0	123,644	0
Stock-based compensation - employee stock purchase plan ("ESPP")	318,735	0	318,735	0
Stock-based compensation - performance share units ("PSUs")	2,285,683	0	2,285,683	0
Issuance of shares for RSUs	0	$ 5	(5)	0
Issuance of shares for RSUs (in shares)		519,200
Shares repurchased for tax withholdings on vesting of RSUs	(266,217)	$ 0	(266,217)	0
Shares repurchased for tax withholdings on vesting of RSUs (in shares)		(20,669)
Issuance of shares for PSUs	0	$ 2	(2)	0
Issuance of shares for PSUs (in shares)		209,673
Shares repurchased for tax withholdings on vesting of PSUs	(46,463)	$ 0	(46,463)	0
Shares repurchased for tax withholdings on vesting of PSUs (in shares)		(3,607)
Exercise of stock options	382,351	$ 1	382,350	0
Exercise of stock options (in shares)		130,354
Cashless exercise of warrants	0	$ 5	(5)	0
Cashless exercise of warrants (in shares)		475,683
Shares purchased from contributions to the ESPP	727,784	$ 1	727,783	0
Shares purchased from contributions to the ESPP (In shares)		85,356
Extinguishment of derivative for consulting warrant and financing warrant on June 25, 2014	0
Issuance of shares and warrants in private placements, net of issuance costs of $211,676	34,788,311	$ 27	34,788,284	0
Issuance of shares and warrants in private placements, net of issuance costs of $211,676 (in shares)		2,673,731
Net loss	(45,817,394)	$ 0	0	(45,817,394)
Balance at Dec. 31, 2016	$ 28,551,223	$ 202	$ 153,075,595	$ (124,524,574)
Balance (in shares) at Dec. 31, 2016		20,367,929

STATEMENT OF CHANGES IN STOCKH6

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Payments of Stock Issuance Costs			$ 2,816,149
Partners' Capital Account, Public Sale of Units Net of Offering Costs		$ 1,651,578	$ 2,006,239
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	$ 211,676

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (45,817,394)	$ (27,561,702)	$ (45,603,110)
Adjustments to reconcile net loss to Net cash used in operating activities:
Depreciation and amortization	957,836	817,729	371,189
Stock based compensation	9,508,175	5,951,414	2,547,978
Amortization of debt discount	0	0	964,851
Gain on conversion of notes payable and accrued interest	0	0	(2,084,368)
Change in fair market value of derivative liabilities	0	0	26,265,177
Loss on retirement of fixed assets	0	0	22,818
Amortization of prepaid rent from stock issuance to landlord	80,784	80,784	20,196
Changes in operating assets and liabilities:
Accounts receivable	(149,500)	0	0
Prepaid expenses and other current assets	(652,336)	(157,769)	(289,383)
Other assets	2,823	(28,682)	(15,689)
Accounts payable	2,382,790	608,962	1,354,973
Accrued expenses	492,616	283,530	838,945
Deferred revenue	131,959	0	0
Net cash used in operating activities	(33,062,247)	(20,005,734)	(15,606,423)
Cash flows used in investing activities:
Purchases of property and equipment	(1,137,446)	(1,032,795)	(1,619,694)
Net cash used in investing activities	(1,137,446)	(1,032,795)	(1,619,694)
Cash flows from financing activities:
Proceeds from IPO, net of underwriter's discount and offering expenses	0	0	24,872,170
Proceeds from the sale of stock to a strategic investor, net	0	0	900,000
Sale of Warrant to IPO underwriter	0	0	1,000
Proceeds from secondary offering, net of underwriter's discount and offering expenses	0	0	20,993,759
Proceeds from shares issued under shelf registration, net of underwriter's discount and offering expenses	0	19,048,456	0
Net proceeds from issuance of shares to private investors	34,788,311	0	0
Proceeds from the exercise of stock options	382,351	65,647	0
Proceeds from contributions to employee stock purchase plan	727,784	289,787	0
Proceeds from the disgorgement of short-swing profit	0	12,611	0
Net cash provided by financing activities	35,585,766	19,416,501	46,766,929
Net increase (decrease) in cash and cash equivalents	1,386,073	(1,622,028)	29,540,812
Cash and cash equivalents - beginning	29,872,564	31,494,592	1,953,780
Cash and cash equivalents - ending	31,258,637	29,872,564	31,494,592
Supplemental disclosure of non-cash financing activities:
Decrease in deferred offering costs charge to the IPO	0	0	88,319
Common stock issued upon conversion of notes payable and accrued interest payable	0	0	26,790,177
Increase in additional paid in capital upon extinguishment of derivative liability for warrants	0	0	5,752,000
Common stock issued to landlord for tenant improvement of $100,000 and prepaid rent of $400,000	0	0	500,000
Common stock issued for services	0	147,900	900,000
Cashless exercise of warrants	5	1	0
Increase in accrued expenses for the purchase of property and equipment	299,500	1	0
Restricted Stock Units (RSUs) [Member]
Cash flows from financing activities:
Shares repurchased for tax withholdings on vesting of RSUs	(266,217)	0	0
Supplemental disclosure of non-cash financing activities:
Common stock issued for RSUs	6	3	0
Performance Shares [Member]
Cash flows from financing activities:
Shares repurchased for tax withholdings on vesting of RSUs	(46,463)	0	0
Supplemental disclosure of non-cash financing activities:
Common stock issued for RSUs	$ 2	$ 0	$ 0

STATEMENTS OF CASH FLOWS (Paren

STATEMENTS OF CASH FLOWS (Parenthetical)	12 Months Ended
	Dec. 31, 2014USD ($)
Payments for Tenant Improvements	$ 100,000
Payments for Rent	$ 400,000

Business Organization, Nature o

Business Organization, Nature of Operations	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Energous Corporation (the “Company”) was incorporated in Delaware on October 30, 2012. The Company has developed a technology called WattUp® that consists of proprietary semiconductor chipsets, software, hardware designs and antennas that can enable RF-based wire-free charging for electronic devices, providing power at a distance and ultimately enabling charging with mobility under full software control. Pursuant to a Strategic Alliance Agreement with Dialog Semiconductor plc (“Dialog”), Dialog will manufacture and distribute integrated circuit (“IC”) products incorporating the Company’s RF-based wire-free charging technology. Dialog will be the exclusive supplier of these ICs for the general market. The Company believes its proprietary technology can potentially be utilized in a variety of devices, including wearables, Internet of Things (IoT) devices, smartphones, tablets, e-book readers, keyboards, mice, remote controls, rechargeable lights, cylindrical batteries and any other device with similar charging requirements that would otherwise need a battery or a connection to a power outlet. The Company is developing solutions that charge electronic devices by surrounding them with a contained three-dimensional (“3D”) radio frequency (“RF”) energy pocket (“RF energy pocket”). The Company is engineering solutions that are expected to enable the wire-free transmission of energy from multiple WattUp transmitters to multiple WattUp receiving devices within a range of up to 15 feet in radius or in a circular charging envelope of up to 30 feet. The Company is also developing a transmitter technology to seamlessly mesh, (much like a network of WiFi routers) to form a wire-free charging network that will allow users to charge their devices as they walk from room-to-room or throughout a large space. To date, the Company has developed multiple transmitter prototypes in various form factors and power capabilities. The Company has also developed multiple receiver prototypes supporting smartphone battery cases, toys, fitness trackers, Bluetooth headsets and tracking devices, as well as stand-alone receivers.

Liquidity and Management Plans

Liquidity and Management Plans	12 Months Ended
	Dec. 31, 2016
Liquidity And Management Plan Disclosure [Abstract]
Liquidity And Management Plan Disclosure [Text Block]	Note 2 – Liquidity and Management Plans During the year ended December 31, 2016, the Company has recorded revenue of $ 1,451,941 45,817,394 27,561,702 45,603,110 33,062,247 20,005,734 15,606,423 34,788,311 As of December 31, 2016, the Company had cash on hand of $ 31,258,637 Research and development of new technologies is, by its nature, unpredictable. Although the Company will undertake development efforts with commercially reasonable diligence, there can be no assurance that its available resources including the net proceeds from the Company’s IPO, secondary offering, shelf registration, and strategic investor financing will be sufficient to enable it to develop and obtain regulatory approval of its technology to the extent needed to create future revenues sufficient to sustain its operations. The Company may choose to pursue additional financing, depending upon the market conditions, which could include follow-on equity offerings, debt financing, co-development agreements or other alternatives. Should the Company choose to pursue additional financing, there is no assurance that the Company would be able to do so on terms that it would find acceptable.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 3 – Summary of Significant Accounting Policies The accompanying financial statements are presented in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and pursuant to the accounting and disclosure rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements as well as the reported expenses during the reporting periods. The Company’s significant estimates and assumptions include the valuation of stock-based compensation instruments, recognition of revenue, the useful lives of long-lived assets, and income tax expense. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. Although the Company believes that its estimates and assumptions are reasonable, they are based upon information available at the time the estimates and assumptions were made. Actual results could differ from those estimates The Company considers all short-term, highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents. The Company maintains cash balances that may be uninsured or in deposit accounts that exceed Federal Deposit Insurance Corporation limits. The Company maintains its cash deposits with major financial institutions. The Company recognizes revenue when all of the following criteria have been met: persuasive evidence of an arrangement exists, services have been rendered, collection of the revenue is reasonably assured, and the fees are fixed or determinable. The Company records revenue associated with product development projects that it enters into with certain customers. In general, these projects are associated with complex technology development, and as such the Company does not have certainty about its ability to achieve the program milestones. Achievement of the milestone is dependent on our performance and the milestone typically needs to be accepted by the customer. The payment associated with achieving the milestone is generally commensurate with the Company’s effort or the value of the deliverable and is nonrefundable. The Company records the expenses related to these projects, generally included in research and development expense, in the periods incurred. The Company also receives nonrefundable payments, typically at the beginning of a customer relationship, for which there are no milestones. The Company recognizes this revenue ratably over the initial engineering product development period. The Company records the expenses related to these projects, generally included in research and development expense, in the periods incurred. Research and development expenses are charged to operations as incurred. For internally developed patents, all patent application costs are expensed as incurred as research and development expense. Patent application costs, generally legal costs, are expensed as research and development costs until such time as the future economic benefits of such patents become more certain. The Company incurred research and development costs of $ 32,832,677 18,825,041 12,511,647 The Company accounts for equity instruments issued to employees in accordance with accounting guidance that requires awards to be recorded at their fair value on the date of grant and are amortized over the vesting period of the award. The Company recognizes compensation costs on a straight line basis over the requisite service period of the award, which is typically the vesting term of the equity instrument issued. On April 10, 2015, the Company’s board of directors approved the Energous Corporation Employee Stock Purchase Plan (the “ESPP”), under which 600,000 15 Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2016, no liability for unrecognized tax benefits was required to be reported. The guidance also discusses the classification of related interest and penalties on income taxes. The Company’s policy is to record interest and penalties on uncertain tax positions as a component of income tax expense. No interest or penalties were recorded during the years ended December 31, 2016, 2015 and 2014. The Company files income tax returns with the United States and California governments. Basic net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and warrants (using the treasury stock method), the vesting of restricted stock units (“RSUs”) and performance stock units (“PSUs”) and the enrollment of employees in the ESPP. The computation of diluted loss per share excludes potentially dilutive securities of 6,975,651 4,994,425 3,261,360 For the Years Ended December 31, 2016 2015 2014 Consulting Warrant to purchase common stock - 146,252 278,228 Financing Warrant to purchase common stock 13,889 152,778 152,778 IPO Warrants to purchase common stock 11,600 460,000 460,000 IR Consulting Warrant 23,250 36,000 36,000 IR Incentive Warrant 15,000 15,000 - Warrants issued to private investors 2,381,675 - - Options to purchase common stock 1,309,444 1,487,785 1,607,075 RSUs 2,052,223 1,560,996 727,279 PSUs 1,153,617 1,135,614 - DSUs 14,953 - - Total potentially dilutive securities 6,975,651 4,994,425 3,261,360 The carrying amounts of cash and cash equivalents, accounts payable and accrued expenses, approximate fair value due to the short-term nature of these instruments. Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable, either directly or indirectly. Level 3 Significant unobservable inputs that cannot be corroborated by market data. The assets or liability’s fair value measurement within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement. As of December 31, 2014, the Company no longer had financial instruments which were derivative liabilities. For the Year Ended December 31, 2014 Beginning balance $ 6,277,000 Change in fair value of conversion feature and warrants 26,265,177 Extinguishment of derivative liability upon conversion of Convertible Notes (26,790,177) Extinguishment of derivative liability upon modification of Financing Warrant (1,733,000) Extinguishment of derivative liability upon modification of Consulting Warrant (4,019,000) Ending balance $ - The conversion feature of the Convertible Notes immediately prior to conversion was measured at fair value using a Monte Carlo simulation (which also represented the intrinsic value of the conversion feature) and was classified within Level 3 of the valuation hierarchy. The warrant liabilities for the Financing Warrant and the Consulting Warrant, immediately prior to modification were measured at fair value using a Monte Carlo simulation and were classified within Level 3 of the valuation hierarchy. The significant assumptions and valuation methods that the Company used to determine fair value and the change in fair value of the Company’s derivative financial instruments are discussed in Note 6 – Private Placement. Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company’s Chief Financial Officer determined its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Chief Financial Officer with support from the Company’s financial staff and consultants and which are approved by the Chief Financial Officer. Level 3 financial liabilities consist of the derivative liabilities for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. The Company used a Monte Carlo model to value Level 3 financial liabilities at inception and on subsequent valuation dates, except that the conversion feature of the convertible notes immediately prior to conversion was valued at intrinsic value. This simulation incorporates transaction details such as the Company’s stock price, contractual terms, maturity, risk free rates, as well as, volatility. The Company also used a binomial simulation and Black-Scholes economic model as supplemental valuation tools in order to validate the reasonableness of the results of the Monte Carlo simulation when measuring the Financing Warrant and the Consulting Warrant. A significant increase in the volatility or a significant increase in the Company’s stock price, in isolation, would result in a significantly higher fair value measurement. Changes in the values of the derivative liabilities were recorded in Change in Fair Value of Derivative Liabilities within Other Expense (Income) on the Company’s Statements of Operations. Management determined that the results of its valuations are reasonable. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers” (Topic 606), which supersedes the revenue recognition requirements in ASC Topic 605, "Revenue Recognition," and most industry-specific guidance. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. The amendments in the ASU must be applied using one of two retrospective methods and are effective for annual and interim periods beginning after December 15, 2016. On July 9, 2015, the FASB modified ASU 2014-09 to be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. As modified, the FASB permits the adoption of the new revenue standard early, but not before the annual periods beginning after December 15, 2016. A public organization would apply the new revenue standard to all interim reporting periods within the year of adoption. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In August 2014, FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. This standard is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it establishes the fundamental basis for measuring and classifying assets and liabilities. Currently, U.S. GAAP lacks guidance about management’s responsibility to evaluate whether there is substantial doubt about the organization’s ability to continue as a going concern or to provide related footnote disclosures. This ASU provides guidance to an organization’s management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. The Company adopted ASU 2014-15 and management has made the appropriate evaluations and disclosures in Note 2 – Liquidity and Management Plans. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. It is effective for annual reporting periods beginning after December 15, 2015. The Company has adopted ASU 2015-03 and the adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” – Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015, which clarified the SEC staff’s position on presenting and measuring debt issuance costs incurred in connection with line-of-credit arrangements. ASU 2015-15 should be adopted concurrent with the adoption of ASU 2015-03. The Company has adopted ASU 2015-15 and the adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard requires that deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for fiscal years and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. ASU 2015-17 may be applied either prospectively, for all deferred tax assets and liabilities, or retrospectively. The Company has early adopted ASU 2015-17 effective December 31, 2015, retrospectively. Adoption had no impact on the results of operations. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In January 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” (“ASU 2016-02”) This standard requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In March 2016, the FASB issued ASU No. 2016-08, “Revenue from Contracts with Customers (Topic 606) – Principal versus Agent Considerations (Reporting Revenue Gross versus Net)” (“ASU 2016-08”). ASU No. 2016-08 maintains the core principles of Topic 606 on revenue recognition, but clarifies whether an entity is a principal or an agent in a contract and the appropriate revenue recognition principles under each of these circumstances. The amendments in ASU 2016-08 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation — Stock Compensation (Topic 718) — Improvements to Employee Share-Based Payment Accounting.” ASU No. 2016-09 includes provisions to simplify certain aspects related to the accounting for share-based awards and the related financial statement presentation. This ASU includes a requirement that the tax effect related to the settlement of share-based awards be recorded in income tax benefit or expense in the statements of earnings. This change is required to be adopted prospectively in the period of adoption. In addition, the ASU modifies the classification of certain share-based payment activities within the statements of cash flows and these changes are required to be applied retrospectively to all periods presented, or in certain cases prospectively, beginning in the period of adoption. ASU No. 2016-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is permitted. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In April 2016, the FASB issued ASU No. 2016-10, “Revenue from Contracts with Customers (Topic 606) - Identifying Performance Obligations and Licensing.” ASU No. 2016-10 maintains the core principles of Topic 606 on revenue recognition, but clarifies identification of performance obligations and licensing implementation guidance. The amendments in ASU 2016-10 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In May 2016, the FASB issued ASU No. 2016-12, “Revenue from Contracts with Customers (Topic 606) - Narrow- Scope Improvements and Practical Expedients.” ASU No. 2016-12 maintains the core principles of Topic 606 on revenue recognition, but addresses collectability, sales tax presentation, noncash consideration, contract modifications at transition and completed contracts at transition. The amendments in ASU 2016-12 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326) – Measurement of Credit Losses on Financial Instruments.” ASU No. 2016-13 provides financial statement reader more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230) – Classification of Certain Cash Receipts and Cash Payments.” ASU No. 2016-15 addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. It is effective for annual reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact this standard will have on its financial statements. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows (230) – Restricted Cash.” ASU No. 2016-18 requires an entity to include amounts described as restricted cash and restricted cash equivalents with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. It is effective for annual reporting periods beginning after December 15, 2018. The adoption of this standard is not expected to have a material impact on the Company’s financial position and results of operations. In December 2016, the FASB issued ASU No. 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.” ASU No. 2016-20 amends certain aspects of ASU No. 2014-09 and clarifies, rather than changes, the core revenue recognition principles in ASU No. 2014-09. It is effective for annual reporting periods beginning after December 15, 2018. The adoption of this standard is not expected to have a material impact on the Company’s financial position and results of operations. The Company evaluates events that have occurred after the balance sheet date of December 31, 2016, through the date which the financial statements are issued. Based upon the review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	As of December 31, 2016 2015 Computer software $ 1,085,258 $ 650,386 Computer hardware 2,109,983 1,203,021 Furniture and fixtures 533,175 457,887 Leasehold improvements 613,111 593,287 4,341,527 2,904,581 Less – accumulated depreciation (2,132,052) (1,174,216) Total property and equipment, net $ 2,209,475 $ 1,730,365 The Company currently uses the following expected life terms for depreciating property and equipment: computer software – 1 3 7 Total depreciation and amortization expense of the Company’s property and equipment was $ 957,836 817,729 371,189

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	Note 5 – Accrued Expenses As of December 31, 2016 2015 Accrued compensation $ 997,908 $ 739,782 Accrued legal expenses 283,160 - Accrued equipment cost 299,500 - Other accrued expenses 287,427 336,097 Total $ 1,867,995 $ 1,075,879

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 6 – Commitments and Contingencies Investor Relations Agreements Effective January 13, 2014 8,000 36,000 7.80 130 3,000 3,000 15,000 7.80 250,000 th As of December 31, 2015, and 2014, 36,000 34,800 0 7,522 263,972 As of December 31, 2014, a total of 15,000 92,000 15,000 78,309 On February 4, 2015, the Company entered into a six-month consulting agreement with a consultant to provide the Company with investor relations services. Compensation under the agreement included the Company’s issuance on February 26, 2015, of 15,000 147,900 5,000 147,900 Operating Leases On September 10, 2014, the Company entered into a Lease Agreement with Balzer Family Investments, L.P. (the “Landlord”) related to space located at Northpointe Business Center, 3590 North First Street, San Jose, California. The initial term of the lease is 60 36,720 41,563 500,000 400,000 6,732 100,000 400,000 100,000 On February 26, 2015, the Company entered into a sub-lease agreement for additional space in the San Jose area. The agreement has a term which expires on June 30, 2019 and an initial monthly rent of $ 6,109 4,314 On July 9, 2015, the Company entered into a sub-lease agreement for additional space in Costa Mesa, CA. The agreement has a term which expires on September 30, 2017 and a monthly rent of $ 6,376 For the Years Ended December 31, Amount 2017 572,722 2018 530,531 2019 372,652 Total $ 1,475,905 Development and Licensing Agreement Effective January 28, 2015, the Company signed a development and licensing agreement with a consumer electronics company to embed WattUp wire-free charging receiver technology in various products including, but not limited to certain mobile consumer electronics and related accessories. During the development phase and through customer shipment of its first product, Energous will afford this customer an exclusive “time to market advantage” in the licensed product categories. This development and licensing agreement contains both invention and development milestones that the Company will need to achieve during the next two years. Pursuant to the Agreement, on March 23, 2015, the Company received an initial non-refundable payment of $ 500,000 2,000,000 Effective April 3, 2015, the Company entered into an amendment of the development and license agreement with this consumer electronics company to include joint development of wire-free transmitter technology and technology license back to the Company. On June 5, 2015, the Company entered into a second amendment of the development and license agreement with this consumer electronics company to conform the agreement for technical changes in the product delivery milestones. Effective October 1, 2015, the Company entered into a third amendment of the development and license agreement with this consumer electronics company to make certain changes to, among other things, intellectual property ownership, payment terms and the products covered by the agreement. On March 31, 2016, the Company received payment of $ 500,000 391,041 1,000,000 Effective May 27, 2016, the Company entered into an agreement with a commercial and industrial supply company, under which the Company will develop wire-free charging solutions. Under the first phase of the associated Statement of Work, the Company made certain deliverables for fees totaling $ 60,000 30,000 30,000 60,000 22,500 Hosted Design Solution Agreement On June 25, 2015, the Company entered into a three-year agreement to license electronic design automation software in a hosted environment. Pursuant to the agreement, under which services began July 13, 2015, the Company is required to remit quarterly payments in the amount of $ 100,568 198,105 Amended Employee Agreement – Stephen Rizzone On April 3, 2015, the Company entered into an Amended and Restated Executive Employment Agreement with Stephen R. Rizzone, the Company’s President and Chief Executive Officer (the “Employment Agreement”). The Employment Agreement has an effective date of January 1, 2015 and an initial term of four years (the “Initial Employment Period”). The Employment Agreement provides for an annual base salary of $ 365,000 100 Pursuant to Mr. Rizzone’s prior employment agreement, on December 12, 2013 Mr. Rizzone was granted a ten year option to purchase 275,689 1.68 48 496,546 6.00 Effective with the approval on May 21, 2015 by the Company’s stockholders of its new performance-based equity plan, the Employment Agreement provided and Mr. Rizzone received, a grant of 639,075 100 1.1 100 100 1.1 50 50 Mr. Rizzone is also eligible to receive all customary and usual benefits generally available to senior executives of the Company. The Employment Agreement provides that if Mr. Rizzone’s employment is terminated due to his death or disability, if Mr. Rizzone’s employment is terminated by the Company without cause or if he resigns for good reason, twenty-five percent ( 25 Offer Letter – Brian Sereda Effective July 13, 2015, the Company appointed Brian Sereda to serve as Vice President and Chief Financial Officer, replacing Interim Chief Financial Officer Howard Yeaton. In connection with Mr. Sereda’s appointment as Vice President and Chief Financial Officer, the Company and Mr. Sereda executed an offer letter effective July 13, 2015 (the “Sereda Offer Letter”). Under the Sereda Offer Letter, Mr. Sereda will receive an annual base salary of $ 250,000 75 120,000 In the event Mr. Sereda is terminated without cause, he is entitled to (1) six months of his then-current base salary and (2) payment of COBRA premiums for up to six months. In the event of a liquidation event and termination of employment, except for cause, 100% of the inducement award shall immediately vest. Patent Validity Challenge In June 2016, Ossia Inc. filed two post grant review petitions with the U.S. Patent and Trademark Office (“PTO”) requesting proceedings to challenge the validity of one of our issued patents. One of the post grant reviews was denied completely, and the other was terminated when the Company voluntarily cancelled two claims of the patent. There was no other material impact on the Company’s intellectual property or patent portfolio as a result of these petitions. Strategic Alliance Agreement On November 7, 2016, the Company and Dialog Semiconductor plc entered into a Strategic Alliance Agreement (“Alliance Agreement”) for the manufacture, distribution and commercialization of products incorporating the Company’s wire-free charging technology (“Licensed Products”). Pursuant to the terms of the Alliance Agreement, the Company agreed to engage Dialog as the exclusive supplier of the Licensed Products for specified fields of use, subject to certain exceptions (the “Company Exclusivity Requirement”). Dialog agreed to not distribute, sell or work with any third party to develop any competing products without the Company’s approval (the “Dialog Exclusivity Requirement”). In addition, both parties agreed on a revenue sharing arrangement and will collaborate on the commercialization of Licensed Products based on a mutually-agreed upon plan. Each party will retain all of its intellectual property. The Alliance Agreement has an initial term of seven years and will automatically renew annually thereafter unless terminated by either party upon 180 days’ prior written notice. The Company may terminate the Alliance Agreement at any time after the third anniversary of the Agreement upon 180 days’ prior written notice to Dialog, or if Dialog breaches certain exclusivity obligations. Dialog may terminate the Agreement if sales of Licensed Products do not meet specified targets. The Company Exclusivity Requirement will terminate upon the earlier of January 1, 2021 or the occurrence of certain events relating to the Company’s pre-existing exclusivity obligations. The Dialog Exclusivity Requirement will terminate if no Licensed Products have received the necessary Federal Communications Commission approvals within specified timeframes.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2016
Stockholders Equity Note [Abstract]
Stockholders Equity Note Disclosure [Text Block]	Note 7 – Stockholders’ Equity Authorized Capital The holders of the Company’s common stock are entitled to one vote per share. Holders of common stock are entitled to receive ratably such dividends, if any, as may be declared by the board of directors out of legally available funds. Upon the liquidation, dissolution or winding up of the Company, holders of common stock are entitled to share ratably in all assets of the Company that are legally available for distribution. Disgorgement of Short Swing Profits On April 11, 2015, $ 12,611 offering, representing the disgorgement of a short swing profit on the officer’s April 2015 sale of the Company’s stock. Filing of registration statement On April 24, 2015, the Company filed a “shelf” registration statement on Form S-3, which became effective on April 30, 2015. The “shelf” registration statement allows the Company from time to time to sell any combination of debt or equity securities described in the registration statement up to aggregate proceeds of $ 75,000,000 Consummation of Offering under Shelf Registration Pursuant to the shelf registration, on November 17, 2015, the Company consummated an offering of 3,000,005 6.90 19,333,032 1,242,002 125,000 284,576 19,048,456 Private Placements On August 9, 2016, the Company entered into a securities purchase agreement with Ascend Legend Master Fund, Ltd. pursuant to which the Company agreed to sell to Ascend Legend Master Fund, Ltd. 1,618,123 12.36 1,618,123 23.00 20,000,000 On November 7, 2016, the Company and Dialog Semiconductor entered into a securities purchase agreement pursuant to which the Company agreed to sell to Dialog Semiconductor 763,552 13.0967 763,552 17.0257 10,000,011 On December 30, 2016, the Company and JT Group entered into a securities purchase agreement pursuant to which the Company agreed to sell to JT Group 292,056 17.12 4,999,975

Stock Based Compensation

Stock Based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 8 – Stock Based Compensation Equity Incentive Plans 2013 Equity Incentive Plan In December 2013 the Company’s board and stockholders approved the “2013 Equity Incentive Plan”, providing for the issuance of equity based instruments covering up to an initial total of 1,042,167 Effective on March 10, 2014, the Company’s board of directors and stockholders approved the First Amendment to the 2013 Equity Incentive Plan which provided for an increase in the aggregate number of shares of common stock that may be issued pursuant to the Plan to equal 18% of the total number of shares of common stock outstanding immediately following the completion of the IPO (assuming for this purpose the issuance of all shares issuable under the Company’s equity plans, the conversion into common stock of all outstanding securities that are convertible by their terms into common stock and the exercise of all options and warrants exercisable for shares of common stock and including shares and warrants issued to the underwriters for such IPO upon exercise of its over-allotment options). Effective March 27, 2014, the aggregate total shares which may be issued under the 2013 Equity Incentive Plan were increased to 2,335,967 Effective on May 19, 2016, the Company’s stockholders approved the amendment and restatement of the 2013 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 2,150,000 4,485,967 As of December 31, 2016, 1,562,832 2014 Non-Employee Equity Compensation Plan On March 6, 2014, the Company’s board of directors and stockholders approved the 2014 Non-Employee Equity Compensation Plan for the issuance of equity-based instruments covering up to 250,000 Effective on May 19, 2016, the Company’s stockholders approved the amendment and restatement of the 2014 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 350,000 600,000 As of December 31, 2016, 349,899 2015 Performance Share Unit Plan On April 10, 2015, the Company’s board of directors approved the Energous Corporation 2015 Performance Share Unit Plan (the “Performance Share Plan”), under which 1,310,104 As of December 31, 2016, 31,951 Employee Stock Purchase Plan On April 10, 2015, the Company’s board of directors approved the ESPP, under which 600,000 As of December 31, 2016, 468,621 727,784 85,356 Stock Option Award Activity Weighted Weighted Average Average Remaining Number of Exercise Life In Intrinsic Options Price Years Value Outstanding at January 1, 2016 1,487,785 $ 4.34 8.0 $ 5,310,340 Granted - - - - Exercised (130,354) 2.93 - - Forfeited (47,987) 2.49 - - Outstanding at December 31, 2016 1,309,444 $ 4.55 7.1 $ 16,107,929 Exercisable at December 31, 2016 1,057,187 $ 4.55 7.1 $ 12,998,601 As of December 31, 2016, the unamortized value of options was $ 638,910 0.8 The aggregate intrinsic value of options exercised was $ 984,144 92,728 0 No options were granted during the years ended December 31, 2016 and 2015. The weighted average grant date fair value per share of options granted during the year ended December 31, 2014 was $ 2.60 Restricted Stock Units (“RSUs”) On January 4, 2016, the compensation committee of the board of directors granted to various directors, RSUs under which the holders have the right to receive an aggregate of 26,916 On January 4, 2016, the compensation committee of the board of directors granted to John Gaulding, director and chairman of the board, RSUs under the 2014 Non-Employee Equity Compensation Plan for which Mr. Gaulding has the right to receive 25,000 On February 25, 2016, the compensation committee of the board of directors granted certain employees inducement RSU awards under which the holders have the right to receive an aggregate 38,000 On March 4, 2016, the compensation committee of the board of directors granted an employee inducement RSU awards under which the holder has the right to receive an aggregate of 12,500 On May 19, 2016, the compensation committee of the board of directors granted certain employees inducement RSU awards under which the holders have the right to receive an aggregate of 126,000 On May 19, 2016, the compensation committee of the board of directors granted a consultant an RSU award under the 2013 Equity Incentive Plan for which the holder has the right to receive an aggregate of 3,250 On June 10, 2016, the board of directors granted non-employee directors RSU awards under the 2014 Non-Employee Equity Compensation Plan under which the holders have the right to receive an aggregate of 70,040 On October 24, 2016, the board of directors granted Stephen Rizzone, the Company’s President, Chief Executive Officer and Director an RSU award under the 2013 Equity Incentive Plan under which Mr. Rizzone has the right to receive 150,000 On October 24, 2016, the compensation committee of the board of directors approved an RSU award for Brian Sereda, Chief Financial Officer, covering a total of 45,000 On October 24, 2016, the compensation committee of the board of directors granted certain employees inducement RSU awards under which the holders have the right to receive an aggregate of 95,000 On October 24, 2016, the compensation committee of the board of directors granted various employees RSU awards under which the holders have the right to receive an aggregate of 331,950 On October 24, 2016, the compensation committee of the board of directors granted Cesar Johnston, Senior Vice President of Engineering, an RSU award under which Mr. Johnston has the right to receive 85,000 three On October 24, 2016, the compensation committee of the board of directors granted Michael Leabman, Founder, Chief Technology Officer and Director, an RSU award under which Mr. Leabman has the right to receive 100,000 The Company accounts for RSUs granted to consultants using the accounting guidance included in ASC 505-50 “Equity-Based Payments to Non-Employees” (“ASC 505-50”). In accordance with ASC 505-50, the Company estimates the fair value of the unvested portion of the RSU award each reporting period using the closing price of the Company’s common stock. At December 31, 2016, the unamortized value of the RSUs was $ 20,635,176 3.1 Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 1,560,996 $ 8.83 RSUs granted 1,110,156 $ 14.18 RSUs forfeited (107,529) $ 9.62 RSUs vested (511,400) $ 9.16 Outstanding at December 31, 2016 2,052,223 $ 11.58 Performance Share Units (“PSUs”) Performance share units (“PSUs”) are grants that vest upon the achievement of certain performance goals. The goals are commonly related to the Company’s market capitalization or market share price of the common stock. The PSUs originally issued during 2015 to certain board members and senior management shall be earned based on the Company’s achievement of market capitalization growth between the effective date of the Employment Agreement and the end of the Initial Employment Period. If the Company’s market capitalization is $ 100 1.1 100 On March 4, 2016, the compensation committee of the board of directors granted an executive inducement PSUs under which the executive is eligible to receive 63,908 The Company determined that the PSUs were equity awards with both market and service conditions. The Company utilized a Monte Carlo simulation to determine the fair value of the market condition, as described below. Performance Share Performance Share Units (PSUs) Granted Units (PSUs) Granted During the Year Ended During the Year Ended December 31, 2016 December 31, 2015 Market capitalization $ 102,600,000 $ 106,270,000 Dividend yield 0 % 0 % Expected volatility 75 % 60 % Risk-free interest rate 1.04 % 0.95 % The fair value of the grants of PSUs to purchase a total of 1,342,061 1,278,153 63,908 3,218,000 On October 24, 2016, the compensation committee of the board of directors granted Mr. Rizzone a PSU award under the 2013 Equity Incentive Plan under which Mr. Rizzone has the right to receive 150,000 For the PSU award grant issued to Stephen Rizzone, Chief Executive Officer, a Monte Carlo simulation was used to determine the fair value at each of the five target prices of the Company’s common stock, using a market capitalization of $ 298,857,000 0 75 0.66 The fair value of the PSUs granted to Mr. Rizzone under the 2013 Equity Incentive Plan was determined to be $ 2,332,000 Amortization for all PSU awards was $ 2,285,683 489,239 At December 31, 2016, the unamortized value of all PSUs was approximately $ 2,774,507 1.16 Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 1,135,614 $ 2.62 PSUs granted 213,908 $ 11.84 PSUs forfeited - $ - PSUs vested (195,905) $ 6.60 Outstanding at December 31, 2016 1,153,617 $ 3.66 Deferred Stock Units (“DSUs”) On January 4, 2016, the compensation committee of the board of directors granted to John Gaulding, director and chairman of the board, DSUs under the 2014 Non-Employee Equity Compensation Plan for which Mr. Gaulding has the right to receive 14,953 125,000 75,000 50,000 123,644 At December 31, 2016, the unamortized value of the DSUs was $ 1,362 Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 - $ - DSUs granted 14,953 $ 8.36 DSUs forfeited - $ - DSUs vested - $ - Outstanding at December 31, 2016 14,953 $ 8.36 Employee Stock Purchase Plan (“ESPP”) During the year ended December 31, 2016, there were two offering periods for the ESPP. The first offering period started on January 1, 2016 and concluded on June 30, 2016. The second offering period started on July 1, 2016 and concluded on December 31, 2016. During the year ended December 31, 2015, there was one initial offering period for the ESPP, which started on July 1, 2015 and concluded on December 31, 2015. The weighted-average grant-date fair value of the purchase option for each designated share purchased under this plan was approximately $ 5.20 2.46 318,735 113,217 The Company estimated the fair value of the purchase options granted during the years ended December 31, 2016 and 2015 using the Black-Scholes option pricing model. For the Year Ended December 31, 2016 Stock price range $ 8.36 - 12.16 Dividend yield 0 % Expected volatility range 56 - 100 % Risk-free interest rate range 0.37 – 0.49 % Expected life 6 months For the Year Ended December 31, 2015 Stock price $ 7.41 Dividend yield 0 % Expected volatility 65 % Risk-free interest rate 0.13 % Expected life 6 months Stock-Based Compensation Expense For the Years Ended December 31, 2016 2015 2014 Stock options $ 1,045,081 $ 1,037,399 $ 1,333,943 RSUs 5,735,032 4,225,728 900,063 PSUs 2,285,683 489,239 - DSUs 123,644 - - ESPP 318,735 113,217 - IR warrants - 85,831 263,972 Shares issued to consultant for services rendered - - 50,000 Total $ 9,508,175 $ 5,951,414 $ 2,547,978 For the Years Ended December 31, 2016 2015 2014 Research and development $ 4,226,304 $ 2,816,707 $ 924,702 Sales and marketing 328,760 729,329 583,238 General and administrative 4,953,111 2,405,378 1,040,038 Total $ 9,508,175 $ 5,951,414 $ 2,547,978

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 9 – Income Taxes December 31, 2016 2015 Deferred tax assets (liabilities): Tax credit $ 2,802,573 $ 2,958,771 Net operating loss carryovers 16,174,712 7,511,765 Property and equipment (58,747) (98,235) Research and development costs 18,628,913 10,380,961 Start-up and organizational costs 1,222 1,333 Stock-based compensation 1,829,843 1,175,821 Other accruals 341,090 155,472 Total gross deferred tax assets 39,719,606 22,085,888 Less: valuation allowance (39,719,606) (22,085,888) Deferred tax assets, net $ - $ - 2016 2015 January 1, $ 22,085,888 $ 9,630,687 Increase in valuation allowance 17,633,718 12,455,201 December 31, $ 39,719,606 $ 22,085,888 The Company has federal and state net operating loss carryovers of approximately $ 44,563,000 44,661,000 2033 1,931,000 1,321,000 2032 Internal Revenue Code Section 382 imposes limitations on the use of net operating loss carryovers when the stock ownership of one or more 5% shareholders (shareholders owning 5% or more of the Company’s outstanding capital stock) has increased on a cumulative basis by more than 50 percentage points. For the Year Ended December 31, 2016 2015 Tax benefit at federal statutory rate (34.0) % (34.0) % State income taxes (5.7) (5.5) Permanent differences: Stock-based compensation 0.8 1.3 Meals and entertainment 0.1 0.1 True-up of federal deferred taxes 1.7 True-up of state deferred taxes 1.2 (0.2) Other - 0.7 Research and development tax credit, federal (1.5) (4.4) Research and development tax credit, state (1.1) (3.1) Increase in valuation allowance, federal 32.9 36.3 Increase in valuation allowance, state 5.6 8.8 Effective income tax rate 0.0 % 0.0 %

Related Party

Related Party	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 10 – Related Party On July 14, 2014, the Company’s Board of Directors appointed Howard Yeaton as the Company’s Interim Chief Financial Officer. On July 13, 2015, the Company appointed Brian Sereda as the Company’s Chief Financial Officer, replacing Interim Chief Financial Officer Howard Yeaton. Howard Yeaton is the Managing Principal of Financial Consulting Strategies LLC (“FCS”). During the year ended December 31, 2016, the Company had incurred fees of $ 0 13,306 61,848 88,813 68,413 126,153

Unaudited Quarterly Financial I

Unaudited Quarterly Financial Information	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Text Block]	Note 11 – Unaudited Quarterly Financial Information Summarized quarterly information for the years ended December 31, 2016 and 2015 is listed below: For the quarter ended March 31 June 30 September 30 December 31 2016 Revenue $ 136,364 $ 181,818 $ 1,003,973 $ 129,786 Operating expenses $ 10,936,772 $ 10,468,990 $ 11,131,994 $ 14,744,905 Net loss $ (10,796,542) $ (10,284,555) $ (10,125,063) $ (14,611,234) Loss per share, basic and diluted $ (0.66) $ (0.62) $ (0.57) $ (0.75) 2015 Revenue $ 200,000 $ 225,000 $ 2,075,000 $ - Operating expenses $ 7,131,600 $ 6,374,970 $ 7,683,317 $ 8,887,452 Net loss $ (6,925,279) $ (6,146,582) $ (5,605,661) $ (8,884,180) Loss per share, basic and diluted $ (0.54) $ (0.48) $ (0.43) $ (0.61)

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying financial statements are presented in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and pursuant to the accounting and disclosure rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”).
Use of Estimates, Policy [Policy Text Block]	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements as well as the reported expenses during the reporting periods. The Company’s significant estimates and assumptions include the valuation of stock-based compensation instruments, recognition of revenue, the useful lives of long-lived assets, and income tax expense. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. Although the Company believes that its estimates and assumptions are reasonable, they are based upon information available at the time the estimates and assumptions were made. Actual results could differ from those estimates
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all short-term, highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents. The Company maintains cash balances that may be uninsured or in deposit accounts that exceed Federal Deposit Insurance Corporation limits. The Company maintains its cash deposits with major financial institutions.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company recognizes revenue when all of the following criteria have been met: persuasive evidence of an arrangement exists, services have been rendered, collection of the revenue is reasonably assured, and the fees are fixed or determinable. The Company records revenue associated with product development projects that it enters into with certain customers. In general, these projects are associated with complex technology development, and as such the Company does not have certainty about its ability to achieve the program milestones. Achievement of the milestone is dependent on our performance and the milestone typically needs to be accepted by the customer. The payment associated with achieving the milestone is generally commensurate with the Company’s effort or the value of the deliverable and is nonrefundable. The Company records the expenses related to these projects, generally included in research and development expense, in the periods incurred. The Company also receives nonrefundable payments, typically at the beginning of a customer relationship, for which there are no milestones. The Company recognizes this revenue ratably over the initial engineering product development period. The Company records the expenses related to these projects, generally included in research and development expense, in the periods incurred.
Research and Development Expense, Policy [Policy Text Block]	Research and Development Research and development expenses are charged to operations as incurred. For internally developed patents, all patent application costs are expensed as incurred as research and development expense. Patent application costs, generally legal costs, are expensed as research and development costs until such time as the future economic benefits of such patents become more certain. The Company incurred research and development costs of $ 32,832,677 18,825,041 12,511,647
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with accounting guidance that requires awards to be recorded at their fair value on the date of grant and are amortized over the vesting period of the award. The Company recognizes compensation costs on a straight line basis over the requisite service period of the award, which is typically the vesting term of the equity instrument issued. On April 10, 2015, the Company’s board of directors approved the Energous Corporation Employee Stock Purchase Plan (the “ESPP”), under which 600,000 15
Income Tax, Policy [Policy Text Block]	Income Taxes Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2016, no liability for unrecognized tax benefits was required to be reported. The guidance also discusses the classification of related interest and penalties on income taxes. The Company’s policy is to record interest and penalties on uncertain tax positions as a component of income tax expense. No interest or penalties were recorded during the years ended December 31, 2016, 2015 and 2014. The Company files income tax returns with the United States and California governments.
Earnings Per Share, Policy [Policy Text Block]	Net Loss Per Common Share Basic net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and warrants (using the treasury stock method), the vesting of restricted stock units (“RSUs”) and performance stock units (“PSUs”) and the enrollment of employees in the ESPP. The computation of diluted loss per share excludes potentially dilutive securities of 6,975,651 4,994,425 3,261,360 For the Years Ended December 31, 2016 2015 2014 Consulting Warrant to purchase common stock - 146,252 278,228 Financing Warrant to purchase common stock 13,889 152,778 152,778 IPO Warrants to purchase common stock 11,600 460,000 460,000 IR Consulting Warrant 23,250 36,000 36,000 IR Incentive Warrant 15,000 15,000 - Warrants issued to private investors 2,381,675 - - Options to purchase common stock 1,309,444 1,487,785 1,607,075 RSUs 2,052,223 1,560,996 727,279 PSUs 1,153,617 1,135,614 - DSUs 14,953 - - Total potentially dilutive securities 6,975,651 4,994,425 3,261,360
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements The carrying amounts of cash and cash equivalents, accounts payable and accrued expenses, approximate fair value due to the short-term nature of these instruments. Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable, either directly or indirectly. Level 3 Significant unobservable inputs that cannot be corroborated by market data. The assets or liability’s fair value measurement within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement. As of December 31, 2014, the Company no longer had financial instruments which were derivative liabilities. For the Year Ended December 31, 2014 Beginning balance $ 6,277,000 Change in fair value of conversion feature and warrants 26,265,177 Extinguishment of derivative liability upon conversion of Convertible Notes (26,790,177) Extinguishment of derivative liability upon modification of Financing Warrant (1,733,000) Extinguishment of derivative liability upon modification of Consulting Warrant (4,019,000) Ending balance $ - The conversion feature of the Convertible Notes immediately prior to conversion was measured at fair value using a Monte Carlo simulation (which also represented the intrinsic value of the conversion feature) and was classified within Level 3 of the valuation hierarchy. The warrant liabilities for the Financing Warrant and the Consulting Warrant, immediately prior to modification were measured at fair value using a Monte Carlo simulation and were classified within Level 3 of the valuation hierarchy. The significant assumptions and valuation methods that the Company used to determine fair value and the change in fair value of the Company’s derivative financial instruments are discussed in Note 6 – Private Placement. Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company’s Chief Financial Officer determined its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Chief Financial Officer with support from the Company’s financial staff and consultants and which are approved by the Chief Financial Officer. Level 3 financial liabilities consist of the derivative liabilities for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. The Company used a Monte Carlo model to value Level 3 financial liabilities at inception and on subsequent valuation dates, except that the conversion feature of the convertible notes immediately prior to conversion was valued at intrinsic value. This simulation incorporates transaction details such as the Company’s stock price, contractual terms, maturity, risk free rates, as well as, volatility. The Company also used a binomial simulation and Black-Scholes economic model as supplemental valuation tools in order to validate the reasonableness of the results of the Monte Carlo simulation when measuring the Financing Warrant and the Consulting Warrant. A significant increase in the volatility or a significant increase in the Company’s stock price, in isolation, would result in a significantly higher fair value measurement. Changes in the values of the derivative liabilities were recorded in Change in Fair Value of Derivative Liabilities within Other Expense (Income) on the Company’s Statements of Operations. Management determined that the results of its valuations are reasonable.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers” (Topic 606), which supersedes the revenue recognition requirements in ASC Topic 605, "Revenue Recognition," and most industry-specific guidance. This ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. The amendments in the ASU must be applied using one of two retrospective methods and are effective for annual and interim periods beginning after December 15, 2016. On July 9, 2015, the FASB modified ASU 2014-09 to be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. As modified, the FASB permits the adoption of the new revenue standard early, but not before the annual periods beginning after December 15, 2016. A public organization would apply the new revenue standard to all interim reporting periods within the year of adoption. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In August 2014, FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. This standard is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it establishes the fundamental basis for measuring and classifying assets and liabilities. Currently, U.S. GAAP lacks guidance about management’s responsibility to evaluate whether there is substantial doubt about the organization’s ability to continue as a going concern or to provide related footnote disclosures. This ASU provides guidance to an organization’s management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. The Company adopted ASU 2014-15 and management has made the appropriate evaluations and disclosures in Note 2 – Liquidity and Management Plans. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. It is effective for annual reporting periods beginning after December 15, 2015. The Company has adopted ASU 2015-03 and the adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” – Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015, which clarified the SEC staff’s position on presenting and measuring debt issuance costs incurred in connection with line-of-credit arrangements. ASU 2015-15 should be adopted concurrent with the adoption of ASU 2015-03. The Company has adopted ASU 2015-15 and the adoption of this standard did not have a material impact on the Company’s financial position and results of operations. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard requires that deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for fiscal years and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. ASU 2015-17 may be applied either prospectively, for all deferred tax assets and liabilities, or retrospectively. The Company has early adopted ASU 2015-17 effective December 31, 2015, retrospectively. Adoption had no impact on the results of operations. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In January 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” (“ASU 2016-02”) This standard requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In March 2016, the FASB issued ASU No. 2016-08, “Revenue from Contracts with Customers (Topic 606) – Principal versus Agent Considerations (Reporting Revenue Gross versus Net)” (“ASU 2016-08”). ASU No. 2016-08 maintains the core principles of Topic 606 on revenue recognition, but clarifies whether an entity is a principal or an agent in a contract and the appropriate revenue recognition principles under each of these circumstances. The amendments in ASU 2016-08 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation — Stock Compensation (Topic 718) — Improvements to Employee Share-Based Payment Accounting.” ASU No. 2016-09 includes provisions to simplify certain aspects related to the accounting for share-based awards and the related financial statement presentation. This ASU includes a requirement that the tax effect related to the settlement of share-based awards be recorded in income tax benefit or expense in the statements of earnings. This change is required to be adopted prospectively in the period of adoption. In addition, the ASU modifies the classification of certain share-based payment activities within the statements of cash flows and these changes are required to be applied retrospectively to all periods presented, or in certain cases prospectively, beginning in the period of adoption. ASU No. 2016-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is permitted. The Company is currently evaluating the impact the adoption of this new standard will have on its financial statements. In April 2016, the FASB issued ASU No. 2016-10, “Revenue from Contracts with Customers (Topic 606) - Identifying Performance Obligations and Licensing.” ASU No. 2016-10 maintains the core principles of Topic 606 on revenue recognition, but clarifies identification of performance obligations and licensing implementation guidance. The amendments in ASU 2016-10 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In May 2016, the FASB issued ASU No. 2016-12, “Revenue from Contracts with Customers (Topic 606) - Narrow- Scope Improvements and Practical Expedients.” ASU No. 2016-12 maintains the core principles of Topic 606 on revenue recognition, but addresses collectability, sales tax presentation, noncash consideration, contract modifications at transition and completed contracts at transition. The amendments in ASU 2016-12 affect the guidance of ASU 2014-09 which is not yet effective. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326) – Measurement of Credit Losses on Financial Instruments.” ASU No. 2016-13 provides financial statement reader more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The Company will evaluate the effects, if any, that adoption of this guidance will have on its financial statements. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230) – Classification of Certain Cash Receipts and Cash Payments.” ASU No. 2016-15 addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. It is effective for annual reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact this standard will have on its financial statements. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows (230) – Restricted Cash.” ASU No. 2016-18 requires an entity to include amounts described as restricted cash and restricted cash equivalents with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. It is effective for annual reporting periods beginning after December 15, 2018. The adoption of this standard is not expected to have a material impact on the Company’s financial position and results of operations. In December 2016, the FASB issued ASU No. 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.” ASU No. 2016-20 amends certain aspects of ASU No. 2014-09 and clarifies, rather than changes, the core revenue recognition principles in ASU No. 2014-09. It is effective for annual reporting periods beginning after December 15, 2018. The adoption of this standard is not expected to have a material impact on the Company’s financial position and results of operations.
Subsequent Events, Policy [Policy Text Block]	Management’s Evaluation of Subsequent Events The Company evaluates events that have occurred after the balance sheet date of December 31, 2016, through the date which the financial statements are issued. Based upon the review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. For the Years Ended December 31, 2016 2015 2014 Consulting Warrant to purchase common stock - 146,252 278,228 Financing Warrant to purchase common stock 13,889 152,778 152,778 IPO Warrants to purchase common stock 11,600 460,000 460,000 IR Consulting Warrant 23,250 36,000 36,000 IR Incentive Warrant 15,000 15,000 - Warrants issued to private investors 2,381,675 - - Options to purchase common stock 1,309,444 1,487,785 1,607,075 RSUs 2,052,223 1,560,996 727,279 PSUs 1,153,617 1,135,614 - DSUs 14,953 - - Total potentially dilutive securities 6,975,651 4,994,425 3,261,360
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities that are measured at fair value on a recurring basis: For the Year Ended December 31, 2014 Beginning balance $ 6,277,000 Change in fair value of conversion feature and warrants 26,265,177 Extinguishment of derivative liability upon conversion of Convertible Notes (26,790,177) Extinguishment of derivative liability upon modification of Financing Warrant (1,733,000) Extinguishment of derivative liability upon modification of Consulting Warrant (4,019,000) Ending balance $ -

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are as follows: As of December 31, 2016 2015 Computer software $ 1,085,258 $ 650,386 Computer hardware 2,109,983 1,203,021 Furniture and fixtures 533,175 457,887 Leasehold improvements 613,111 593,287 4,341,527 2,904,581 Less – accumulated depreciation (2,132,052) (1,174,216) Total property and equipment, net $ 2,209,475 $ 1,730,365

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Accrued expenses consist of the following: As of December 31, 2016 2015 Accrued compensation $ 997,908 $ 739,782 Accrued legal expenses 283,160 - Accrued equipment cost 299,500 - Other accrued expenses 287,427 336,097 Total $ 1,867,995 $ 1,075,879

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The future minimum lease payments for leased locations are as follows: For the Years Ended December 31, Amount 2017 572,722 2018 530,531 2019 372,652 Total $ 1,475,905

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following is a summary of the Company’s stock option activity during the year ended December 31, 2016: Weighted Weighted Average Average Remaining Number of Exercise Life In Intrinsic Options Price Years Value Outstanding at January 1, 2016 1,487,785 $ 4.34 8.0 $ 5,310,340 Granted - - - - Exercised (130,354) 2.93 - - Forfeited (47,987) 2.49 - - Outstanding at December 31, 2016 1,309,444 $ 4.55 7.1 $ 16,107,929 Exercisable at December 31, 2016 1,057,187 $ 4.55 7.1 $ 12,998,601
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	A summary of the activity related to RSUs for the year ended December 31, 2016 is presented below: Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 1,560,996 $ 8.83 RSUs granted 1,110,156 $ 14.18 RSUs forfeited (107,529) $ 9.62 RSUs vested (511,400) $ 9.16 Outstanding at December 31, 2016 2,052,223 $ 11.58
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest [Table Text Block]	Grantees of PSUs are required to be employed through December 31, 2018 in order to earn the entire award, if and when vested. Performance Share Performance Share Units (PSUs) Granted Units (PSUs) Granted During the Year Ended During the Year Ended December 31, 2016 December 31, 2015 Market capitalization $ 102,600,000 $ 106,270,000 Dividend yield 0 % 0 % Expected volatility 75 % 60 % Risk-free interest rate 1.04 % 0.95 %
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]	A summary of the activity related to PSUs for the year ended December 31, 2016 is presented below: Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 1,135,614 $ 2.62 PSUs granted 213,908 $ 11.84 PSUs forfeited - $ - PSUs vested (195,905) $ 6.60 Outstanding at December 31, 2016 1,153,617 $ 3.66
Share Based Compensation Deferred Stock Units Activity [Table Text Block]	A summary of the activity related to DSUs for the year ended December 31, 2016 is presented below: Weighted Average Grant Total Date Fair Value Outstanding at January 1, 2016 - $ - DSUs granted 14,953 $ 8.36 DSUs forfeited - $ - DSUs vested - $ - Outstanding at December 31, 2016 14,953 $ 8.36
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair values of the purchase options granted were estimated using the following assumptions: For the Year Ended December 31, 2016 Stock price range $ 8.36 - 12.16 Dividend yield 0 % Expected volatility range 56 - 100 % Risk-free interest rate range 0.37 – 0.49 % Expected life 6 months For the Year Ended December 31, 2015 Stock price $ 7.41 Dividend yield 0 % Expected volatility 65 % Risk-free interest rate 0.13 % Expected life 6 months
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	The following tables summarize total stock-based compensation costs recognized for years ended December 31, 2016, 2015 and 2014: For the Years Ended December 31, 2016 2015 2014 Stock options $ 1,045,081 $ 1,037,399 $ 1,333,943 RSUs 5,735,032 4,225,728 900,063 PSUs 2,285,683 489,239 - DSUs 123,644 - - ESPP 318,735 113,217 - IR warrants - 85,831 263,972 Shares issued to consultant for services rendered - - 50,000 Total $ 9,508,175 $ 5,951,414 $ 2,547,978
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]	The total amount of stock-based compensation was reflected within the statements of operations as: For the Years Ended December 31, 2016 2015 2014 Research and development $ 4,226,304 $ 2,816,707 $ 924,702 Sales and marketing 328,760 729,329 583,238 General and administrative 4,953,111 2,405,378 1,040,038 Total $ 9,508,175 $ 5,951,414 $ 2,547,978

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of December 31, 2016, and 2015, the Company’s deferred tax assets (liabilities) consisted of the effects of temporary differences attributable to the following: December 31, 2016 2015 Deferred tax assets (liabilities): Tax credit $ 2,802,573 $ 2,958,771 Net operating loss carryovers 16,174,712 7,511,765 Property and equipment (58,747) (98,235) Research and development costs 18,628,913 10,380,961 Start-up and organizational costs 1,222 1,333 Stock-based compensation 1,829,843 1,175,821 Other accruals 341,090 155,472 Total gross deferred tax assets 39,719,606 22,085,888 Less: valuation allowance (39,719,606) (22,085,888) Deferred tax assets, net $ - $ -
Summary of Valuation Allowance [Table Text Block]	The change in the Company’s valuation allowance is as follows: 2016 2015 January 1, $ 22,085,888 $ 9,630,687 Increase in valuation allowance 17,633,718 12,455,201 December 31, $ 39,719,606 $ 22,085,888
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Year Ended December 31, 2016 2015 Tax benefit at federal statutory rate (34.0) % (34.0) % State income taxes (5.7) (5.5) Permanent differences: Stock-based compensation 0.8 1.3 Meals and entertainment 0.1 0.1 True-up of federal deferred taxes 1.7 True-up of state deferred taxes 1.2 (0.2) Other - 0.7 Research and development tax credit, federal (1.5) (4.4) Research and development tax credit, state (1.1) (3.1) Increase in valuation allowance, federal 32.9 36.3 Increase in valuation allowance, state 5.6 8.8 Effective income tax rate 0.0 % 0.0 %

Unaudited Quarterly Financial27

Unaudited Quarterly Financial Information (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	Summarized quarterly information for the years ended December 31, 2016 and 2015 is listed below: For the quarter ended March 31 June 30 September 30 December 31 2016 Revenue $ 136,364 $ 181,818 $ 1,003,973 $ 129,786 Operating expenses $ 10,936,772 $ 10,468,990 $ 11,131,994 $ 14,744,905 Net loss $ (10,796,542) $ (10,284,555) $ (10,125,063) $ (14,611,234) Loss per share, basic and diluted $ (0.66) $ (0.62) $ (0.57) $ (0.75) 2015 Revenue $ 200,000 $ 225,000 $ 2,075,000 $ - Operating expenses $ 7,131,600 $ 6,374,970 $ 7,683,317 $ 8,887,452 Net loss $ (6,925,279) $ (6,146,582) $ (5,605,661) $ (8,884,180) Loss per share, basic and diluted $ (0.54) $ (0.48) $ (0.43) $ (0.61)

Liquidity and Management Plans

Liquidity and Management Plans (Details Textual) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Liquidity And Management Plans [Line Items]
Engineering product development									$ 1,451,941
Net income (loss)	$ (14,611,234)	$ (10,125,063)	$ (10,284,555)	$ (10,796,542)	$ (8,884,180)	$ (5,605,661)	$ (6,146,582)	$ (6,925,279)	(45,817,394)	$ (27,561,702)	$ (45,603,110)
Cash and Cash Equivalents, at Carrying Value, Total	$ 31,258,637				$ 29,872,564				31,258,637	29,872,564	31,494,592	$ 1,953,780
Proceeds from Issuance of Common Stock									34,788,311	0	0
Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total									$ (33,062,247)	$ (20,005,734)	$ (15,606,423)

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Details) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	6,975,651	4,994,425	3,261,360
Consulting Warrant to purchase common stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	0	146,252	278,228
Financing Warrant to purchase common stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	13,889	152,778	152,778
IPO Warrants to purchase common stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	11,600	460,000	460,000
IR Consulting Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	23,250	36,000	36,000
IR Incentive Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	15,000	15,000	0
Warrants issued to private investors [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	2,381,675	0	0
Options to purchase common stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	1,309,444	1,487,785	1,607,075
Restricted Stock Units (RSUs) [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	2,052,223	1,560,996	727,279
Phantom Share Units (PSUs) [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	1,153,617	1,135,614	0
Deferred Stock Units [Member]
Summary Of Significant Accounting Policies [Line Items]
Potentially dilutive securities	14,953	0	0

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Details 1)	12 Months Ended
	Dec. 31, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Beginning balance	$ 6,277,000
Ending balance	0
Convertible Notes Payable [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Fair Value Of Derivative Net	26,265,177
Convertible Debt Securities [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Fair Value Of Derivative Net	(26,790,177)
Financing Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Fair Value Of Derivative Net	(1,733,000)
Consulting Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Fair Value Of Derivative Net	$ (4,019,000)

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	May 21, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Apr. 10, 2015
Summary Of Significant Accounting Policies [Line Items]
Research and Development Expense, Total		$ 32,832,677	$ 18,825,041	$ 12,511,647
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		6,975,651	4,994,425	3,261,360
Employee Stock Purchase Plan [Member]
Summary Of Significant Accounting Policies [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance					600,000
Common Stock Purchase Price Discount Percentage	15.00%

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	$ 4,341,527	$ 2,904,581
Less - accumulated depreciation	(2,132,052)	(1,174,216)
Total property and equipment, net	2,209,475	1,730,365
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	1,085,258	650,386
Computer Hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	2,109,983	1,203,021
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	533,175	457,887
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	$ 613,111	$ 593,287

Property and Equipment (Detai33

Property and Equipment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization, Total	$ 957,836	$ 817,729	$ 371,189
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	1 year
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	remaining life of the lease.

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Schedule of Accrued Liabilities [Line Items]
Accrued expenses	$ 1,867,995	$ 1,075,879
Accrued compensation [Member]
Schedule of Accrued Liabilities [Line Items]
Accrued expenses	997,908	739,782
Accrued legal expenses [Member]
Schedule of Accrued Liabilities [Line Items]
Accrued expenses	283,160	0
Accrued equipment cost [Member]
Schedule of Accrued Liabilities [Line Items]
Accrued expenses	299,500	0
Other accrued expenses [Member]
Schedule of Accrued Liabilities [Line Items]
Accrued expenses	$ 287,427	$ 336,097

Commitments and Contingencies35

Commitments and Contingencies (Details)	Dec. 31, 2016USD ($)
Commitments and Contingencies [Line Items]
2,017	$ 572,722
2,018	530,531
2,019	372,652
Total	$ 1,475,905

Commitments and Contingencies36

Commitments and Contingencies (Details Textual) - USD ($)

Jul. 13, 2015

Jul. 09, 2015

Sep. 10, 2014

Dec. 12, 2013

Dec. 31, 2016

May 27, 2016

Mar. 31, 2016

Dec. 18, 2015

Aug. 25, 2015

Jun. 25, 2015

May 21, 2015

Mar. 23, 2015

Feb. 26, 2015

Mar. 27, 2014

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Sep. 30, 2016

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Commitments and Contingencies [Line Items]

Investor Relations Agreement, Initiation Date

Jan. 13, 2014

Warrants Issued To Purchase Common Stock, Shares

15,000

Stock based compensation expense

$ 9,508,175

$ 5,951,414

$ 2,547,978

Cash Compensation For Services Received Per Month 1

8,000

Sub Lease Expiration Date

Sep. 30, 2017

Jun. 30, 2019

Jun. 30, 2019

Payments for Tenant Improvements

100,000

Payments for Rent

400,000

Operating Leases, Rent Expense, Net

$ 4,314

General and Administrative Expense, Total

11,248,435

8,030,995

5,059,703

Operating Leases, Rent Expense, Sublease Rentals

$ 6,376

$ 6,109

Performance Based Equity Plan, Market Capitalization Minimum Amount

100,000,000

Performance Based Equity Plan Market Capitalization Maximum Amount

$ 1,100,000

Stock Issued During Period, Value, Issued for Services

0

147,900

900,000

Revenues

$ 129,786

$ 1,003,973

$ 181,818

$ 136,364

$ 0

$ 2,075,000

$ 225,000

$ 200,000

$ 1,451,941

2,500,000

$ 0

Percentage of Vesting Related To Liquidation Or Termination

100.00%

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

1,110,156

General and Administrative Expense [Member]

Commitments and Contingencies [Line Items]

Amortization Of Prepaid Service Paid In Stocks

147,900

Consulting Agreement [Member]

Commitments and Contingencies [Line Items]

Payments for Fees

$ 5,000

Hosted Design Solution Agreement [Member]

Commitments and Contingencies [Line Items]

Other Cost of Services

$ 100,568

Hardware And Software Configuration Payments Period Increase

$ 198,105

Employee Stock Option [Member]

Commitments and Contingencies [Line Items]

Deferred Compensation Arrangement with Individual, Exercise Price

$ 1.68

Deferred Compensation Arrangement with Individual, Maximum Contractual Term

48 months

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

0

Licensing Agreements [Member]

Commitments and Contingencies [Line Items]

Research and Development Arrangement, Contract to Perform for Others, Compensation Earned

$ 500,000

Development And Licensing Agreements [Member]

Commitments and Contingencies [Line Items]

Payments for Fees

$ 60,000

Revenues

$ 391,041

Revenue Recognition, Milestone Method, Revenue Recognized

$ 22,500

$ 30,000

$ 30,000

$ 60,000

$ 1,000,000

$ 2,000,000

Licenses Revenue

$ 500,000

Performance-Based Equity Plan [Member]

Commitments and Contingencies [Line Items]

Percentage Of Performance Share Units To Be Earned On Achievement Of Market Capitalization Growth

100.00%

100.00%

Percentage Of Performance Share Units To Be Paid On Quarterly Basis

50.00%

Percentage Of Performance Share Units To Be Paid On Termination of Employment Agreement

25.00%

Performance Based Equity Plan, Market Capitalization Minimum Amount

$ 100,000,000

Performance Based Equity Plan Market Capitalization Maximum Amount

$ 1,100,000,000

$ 1,100,000,000

Percentage Of Performance Share Units Deferred

50.00%

Performance-Based Equity Plan [Member] | Phantom Share Units (PSUs) [Member]

Commitments and Contingencies [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

639,075

Second Employee Stock Option [Member]

Commitments and Contingencies [Line Items]

Deferred Compensation Arrangement with Individual, Exercise Price

$ 6

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

496,546

Term Leases [Member]

Commitments and Contingencies [Line Items]

Payments for Tenant Improvements

$ 100,000

Balzer Family Investments, L.P [Member]

Commitments and Contingencies [Line Items]

Operating Leases, Rent Expense

$ 36,720

Operating Leases Expiration Period

60 months

Operating Leases, Rent Expense, Net

$ 6,732

Number Of Shares Issued To Landlord As Prepaid Rent And Tenant Improvements

41,563

Mr. Sereda [Member] | Offer Letter [Member]

Commitments and Contingencies [Line Items]

Officers' Compensation

$ 250,000

Deferred Compensation Arrangement with Individual, Cash Awards Granted, Percentage

75.00%

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

120,000

Mr. Rizzone [Member]

Commitments and Contingencies [Line Items]

Employment Agreement Percentage of Base Salary

100.00%

Officers' Compensation

$ 365,000

Mr. Rizzone [Member] | Employee Stock Option [Member]

Commitments and Contingencies [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

275,689

Common Stock [Member] | Consulting Agreement [Member]

Commitments and Contingencies [Line Items]

Stock Issued During Period, Shares, Issued for Services

15,000

Stock Issued During Period, Value, Issued for Services

$ 147,900

Common Stock [Member] | Balzer Family Investments, L.P [Member]

Commitments and Contingencies [Line Items]

Payments for Rent

$ 400,000

Shares Issued To Landlord As Prepaid Rent And Tenant Improvements Value

$ 500,000

IR Consulting Warrant [Member]

Commitments and Contingencies [Line Items]

Warrants Issued To Purchase Common Stock, Shares

36,000

Investment Warrants, Exercise Price

$ 7.80

Warrants Exercise Price, Representing IPO Price Percentage

130.00%

Warrants Vesting, Each Month Of Service

3,000

Warrants Vesting Thereafter, Each Month Of Service

3,000

Warrant Vested During Period, Shares

36,000

34,800

Stock based compensation expense

$ 0

$ 7,522

$ 263,972

IR Incentive Warrant [Member]

Commitments and Contingencies [Line Items]

Warrants Issued To Purchase Common Stock, Shares

15,000

Investment Warrants, Exercise Price

$ 7.80

Warrant Vested During Period, Shares

15,000

Stock based compensation expense

$ 78,309

Terms Of Incentive Warrant Market Maker

$ 250,000

General and Administrative Expense, Total

$ 92,000

IR Consulting And Incentive Warrant [Member]

Commitments and Contingencies [Line Items]

Warrants Term

4 years

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - USD ($)	Nov. 07, 2016	Aug. 09, 2016	Apr. 24, 2015	Apr. 11, 2015	Dec. 30, 2016	Nov. 17, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Proceeds From Disgorgement Of Short Swing Profit				$ 12,611			$ 0	$ 12,611	$ 0
Proceeds from Issuance of Common Stock							$ 34,788,311	$ 0	0
Stock Issued During Period, Value, New Issues									$ 24,783,851
Consummation of Offering Under Shelf Registration [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues						3,000,005
Common Stock, Discount on Shares						$ 1,242,002
Proceeds From Shelf Registration Debt Or Equity Securities			$ 75,000,000
Stock Offering Expenses On Issue Of Common Stock						125,000
Additional Stock Offering Expenses On Issue Of Common Stock						284,576
Proceeds From Issuance Of Common Stock Net Off Offering Expenses And Discount						$ 19,048,456
Share Price						$ 6.90
Proceeds from Issuance of Common Stock						$ 19,333,032
Dialog Semiconductor Plc [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 17.0257
Warrant [Member] | Dialog Semiconductor Plc [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues	763,552
Stock Issued During Period, Value, New Issues	$ 10,000,011
Common Stock [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues									4,600,000
Stock Issued During Period, Value, New Issues									$ 46
Common Stock [Member] | Dialog Semiconductor Plc [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	763,552
Private Placement [Member] | Ascend Legemd Master Fund [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues		1,618,123
Share Price		$ 12.36
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		1,618,123
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 23
Stock Issued During Period, Value, New Issues		$ 20,000,000
Private Placement [Member] | Dialog Semiconductor Plc [Member]
Class of Stock [Line Items]
Share Price	$ 13.0967
Private Placement [Member] | JT Group [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, New Issues					292,056
Share Price					$ 17.12
Stock Issued During Period, Value, New Issues					$ 4,999,975

Stock Based Compensation (Detai

Stock Based Compensation (Details) - Employee Stock Option [Member] - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Weighted Average Grant Date Fair Value, Forfeited
Number of Options, Outstanding	1,487,785
Number of Options, Granted	0
Number of Options, Exercised	(130,354)
Number of Options, Forfeited	(47,987)
Number of Options, Outstanding	1,309,444	1,487,785
Number of Options, Exercisable	1,057,187
Weighted Average Exercise Price, Outstanding	$ 4.34
Weighted Average Exercise Price, Granted	0
Weighted Average Exercise Price, Exercised	2.93
Weighted Average Exercise Price, Forfeited	2.49
Weighted Average Exercise Price, Outstanding	4.55	$ 4.34
Weighted Average Exercise Price, Exercisable	$ 4.55
Weighted Average Remaining Life In Years, Outstanding	7 years 1 month 6 days	8 years
Weighted Average Remaining Life In Years, Exercisable	7 years 1 month 6 days
Intrinsic Value, Outstanding	$ 5,310,340
Intrinsic Value, Outstanding	16,107,929	$ 5,310,340
Intrinsic Value, Exercisable	$ 12,998,601

Stock Based Compensation (Det39

Stock Based Compensation (Details 1)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding | shares	1,560,996
RSUs granted | shares	1,110,156
RSUs forfeited | shares	(107,529)
RSUs vested | shares	(511,400)
Number of Options, Outstanding | shares	2,052,223
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 8.83
Weighted Average Grant Date Fair Value, RSUs granted | $ / shares	14.18
Weighted Average Grant Date Fair Value, RSUs forfeited | $ / shares	9.62
Weighted Average Grant Date Fair Value, RSUs vested | $ / shares	9.16
Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 11.58

Stock Based Compensation (Det40

Stock Based Compensation (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market capitalization	$ 102,600,000	$ 106,270,000
Dividend yield	0.00%	0.00%
Expected volatility	75.00%	60.00%
Risk-free interest rate	1.04%	0.95%

Stock Based Compensation (Det41

Stock Based Compensation (Details 3) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value, PSUs granted		$ 2.60
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding	1,135,614
PSUs granted	213,908
PSUs forfeited	0
PSUs vested	(195,905)
Number of Options, Outstanding	1,153,617
Weighted Average Grant Date Fair Value, Outstanding	$ 2.62
Weighted Average Grant Date Fair Value, PSUs granted	11.84
Weighted Average Grant Date Fair Value, PSUs forfeited	0
Weighted Average Grant Date Fair Value, PSUs vested	6.60
Weighted Average Grant Date Fair Value, Outstanding	$ 3.66

Stock Based Compensation (Det42

Stock Based Compensation (Details 4)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding | shares	1,560,996
DSUs granted | shares	1,110,156
DSUs forfeited | shares	107,529
DSUs vested | shares	511,400
Number of Options, Outstanding | shares	2,052,223
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 8.83
Weighted Average Grant Date Fair Value, DSUs granted | $ / shares	14.18
Weighted Average Grant Date Fair Value, DSUs forfeited | $ / shares	9.62
Weighted Average Grant Date Fair Value, DSUs vested | $ / shares	9.16
Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 11.58
Deferred Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding | shares	0
DSUs granted | shares	14,953
DSUs forfeited | shares	0
DSUs vested | shares	0
Number of Options, Outstanding | shares	14,953
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 0
Weighted Average Grant Date Fair Value, DSUs granted | $ / shares	8.36
Weighted Average Grant Date Fair Value, DSUs forfeited | $ / shares	0
Weighted Average Grant Date Fair Value, DSUs vested | $ / shares	0
Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 8.36

Stock Based Compensation (Det43

Stock Based Compensation (Details 5) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.00%	0.00%
Expected volatility	75.00%	60.00%
Risk-free interest rate	1.04%	0.95%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price		$ 7.41
Dividend yield	0.00%	0.00%
Expected volatility		65.00%
Risk-free interest rate		0.13%
Expected life	6 months	6 months
Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price	$ 8.36
Expected volatility	56.00%
Risk-free interest rate	0.37%
Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price	$ 12.16
Expected volatility	100.00%
Risk-free interest rate	0.49%

Stock Based Compensation (Det44

Stock Based Compensation (Details 6) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based Compensation, Total	$ 9,508,175	$ 5,951,414	$ 2,547,978
Shares Issued to Consultant for Services [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	0	0	50,000
IR Consulting Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	0	85,831	263,972
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	5,735,032	4,225,728	900,063
Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	2,285,683	489,239	0
Deferred Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	123,644	0	0
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	318,735	113,217	0
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 1,045,081	$ 1,037,399	$ 1,333,943

Stock Based Compensation (Det45

Stock Based Compensation (Details 7) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based Compensation, Total	$ 9,508,175	$ 5,951,414	$ 2,547,978
Research and Development Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	4,226,304	2,816,707	924,702
Sales and Marketing Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	328,760	729,329	583,238
General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 4,953,111	$ 2,405,378	$ 1,040,038

Stock Based Compensation (Det46

Stock Based Compensation (Details Textual) - USD ($)

Jun. 10, 2016

Mar. 04, 2016

Jan. 04, 2016

Oct. 24, 2016

May 19, 2016

Feb. 25, 2016

May 21, 2015

Mar. 27, 2014

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Apr. 10, 2015

Mar. 06, 2014

Dec. 31, 2013

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

1,110,156

Performance Based Equity Plan Market Capitalization Minimum Amount

$ 100,000,000

Performance Based Equity Plan Market Capitalization Maximum Amount

$ 1,100,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 14.18

Share Based Compensation Arrangement By Share Based Payment Award Unamortized Value

$ 2,774,507

Share Based Compensation Arrangement By Share Based Payment Award Unamortized Weighted Average Period

1 year 1 month 28 days

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value

$ 984,144

$ 92,728

$ 0

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 2.60

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value

$ 102,600,000

$ 106,270,000

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate

0.00%

0.00%

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate

75.00%

60.00%

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate

1.04%

0.95%

Performance Based Equity Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Performance Based Equity Plan Market Capitalization Minimum Amount

100,000,000

Performance Based Equity Plan Market Capitalization Maximum Amount

$ 1,100,000,000

$ 1,100,000,000

Percentage Of Performance Share Units To Be Earned On Achievement Of Market Capitalization Growth

100.00%

100.00%

Non-Employee Equity Compensation Plan 2014 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

600,000

250,000

Common Stock, Capital Shares Reserved for Future Issuance

350,000

Common Stock Available To Be Issued

349,899

2013 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

1,042,167

Share-based Compensation Arrangement by Share-based Payment Award, Other Share Increase (Decrease)

2,335,967

Common Stock To Be Issued

1,562,832

2013 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

4,485,967

Common Stock, Capital Shares Reserved for Future Issuance

2,150,000

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

31,951

2015 Performance Share Unit Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

1,342,061

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

3 years 1 month 6 days

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

12,500

126,000

38,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options

$ 20,635,176

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

4 years

4 years

Restricted Stock Units (RSUs) [Member] | Non-Employee Equity Compensation Plan 2014 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

70,040

26,916

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Restricted Stock Units (RSUs) [Member] | 2013 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

150,000

3,250

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

Research and Development Expense [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Allocated Share-based Compensation Expense

$ 4,226,304

$ 2,816,707

$ 924,702

Mr.Michael Leabman [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

100,000

Employee [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

95,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

Employee [Member] | Restricted Stock Units (RSUs) [Member] | Common Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

331,950

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

Mr. Johnston [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

85,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Mr. Gaulding [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures

$ 75,000

Mr. Gaulding [Member] | Non-Employee Equity Compensation Plan 2014 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

14,953

Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures

$ 125,000

Mr. Gaulding [Member] | Restricted Stock Units (RSUs) [Member] | Non-Employee Equity Compensation Plan 2014 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

25,000

Brian Sereda [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

45,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

Senior Vice President Of Engineering [Member] | Restricted Stock Units (RSUs) [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 3

Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options

$ 638,910

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

9 months 18 days

Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

213,908

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

63,908

Share based Compensation Arrangement By Share based Payment Award Options Grants In Period Fair Value

3,218,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 11.84

Performance Shares [Member] | 2015 Performance Share Unit Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

1,278,153

Performance Shares [Member] | Executive Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

63,908

Performance Share Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

1,310,104

Allocated Share-based Compensation Expense

$ 2,285,683

489,239

0

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value

$ 298,857,000

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate

0.00%

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate

75.00%

Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate

0.66%

Performance Share Units [Member] | Performance Based Equity Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

639,075

Performance Share Units [Member] | 2013 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share based Compensation Arrangement By Share based Payment Award Options Grants In Period Fair Value

2,332,000

Performance Share Units [Member] | Mr. Rizzone [Member] | 2013 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

150,000

Employee Stock Purchase Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award

On May 21, 2015, the Companys stockholders approved the ESPP. Employees may designate an amount not less than 1% but not more than 10% of their annual compensation, but for not more than 7,500 shares during an offering period. An offering period shall be six months in duration commencing on or about January 1 and July 1 of each year. The exercise price of the option will be the lesser of 85% of the fair market of the common stock on the first business day of the offering period and 85% of the fair market value of the common stock on the applicable exercise date.

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

85,356

Allocated Share-based Compensation Expense

$ 318,735

$ 113,217

0

Common Stock, Capital Shares Reserved for Future Issuance

600,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 5.20

$ 2.46

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

468,621

Employee Contribution Through Payroll Withholdings

$ 727,784

Stipends [Member] | Mr. Gaulding [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures

$ 50,000

Deferred Stock Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

14,953

Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options

$ 1,362

Allocated Share-based Compensation Expense

$ 123,644

$ 0

$ 0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 8.36

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets (liabilities):
Tax credit	$ 2,802,573	$ 2,958,771
Net operating loss carryovers	16,174,712	7,511,765
Property and equipment	(58,747)	(98,235)
Research and development costs	18,628,913	10,380,961
Start-up and organizational costs	1,222	1,333
Stock-based compensation	1,829,843	1,175,821
Other accruals	341,090	155,472
Total gross deferred tax assets	39,719,606	22,085,888
Less: valuation allowance	(39,719,606)	(22,085,888)	$ (9,630,687)
Deferred tax assets, net	$ 0	$ 0

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
January 1	$ 22,085,888	$ 9,630,687
Increase in valuation allowance	17,633,718	12,455,201
December 31	$ 39,719,606	$ 22,085,888

Income Taxes (Details 2)

Income Taxes (Details 2)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
Tax benefit at federal statutory rate	(34.00%)	(34.00%)
State income taxes	(5.70%)	(5.50%)
Permanent difference:
Stock-based compensation	0.80%	1.30%
Meals and entertainment	0.10%	0.10%
Other	0.00%	0.70%
Effective income tax rate	0.00%	0.00%
Domestic Tax Authority [Member]
Permanent difference:
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent	1.70%
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Percent	(1.50%)	(4.40%)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	32.90%	36.30%
State and Local Jurisdiction [Member]
Permanent difference:
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent	1.20%	(0.20%)
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Percent	(1.10%)	(3.10%)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	5.60%	8.80%

Income Taxes (Details Textual)

Income Taxes (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)
Income Tax Contingency [Line Items]
Tax Credit Carry forward Expiration Period	2,033
Operating Loss Carryforwards, Limitations on Use	stock ownership of one or more 5% shareholders (shareholders owning 5% or more of the Companys outstanding capital stock) has increased on a cumulative basis by more than 50 percentage points.
Domestic Tax Authority [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	$ 44,563,000
Deferred Tax Assets, Tax Credit Carryforwards, Research	$ 1,931,000
Tax Credit Research and Development Expiration Period	2,032
State and Local Jurisdiction [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	$ 44,661,000
Deferred Tax Assets, Tax Credit Carryforwards, Research	$ 1,321,000

Related Party (Details Textual)

Related Party (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Howard Yeatons Service [Member]
Related Party Transaction [Line Items]
Payments for Fees	$ 0	$ 61,848	$ 68,413
Other Financial Advisory and Accounting Services [Member]
Related Party Transaction [Line Items]
Payments for Fees	$ 13,306	$ 88,813	$ 126,153

Unaudited Quarterly Financial52

Unaudited Quarterly Financial Information (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenue	$ 129,786	$ 1,003,973	$ 181,818	$ 136,364	$ 0	$ 2,075,000	$ 225,000	$ 200,000	$ 1,451,941	$ 2,500,000	$ 0
Operating expenses	14,744,905	11,131,994	10,468,990	10,936,772	8,887,452	7,683,317	6,374,970	7,131,600	47,282,661	30,077,339	20,374,709
Net loss	$ (14,611,234)	$ (10,125,063)	$ (10,284,555)	$ (10,796,542)	$ (8,884,180)	$ (5,605,661)	$ (6,146,582)	$ (6,925,279)	$ (45,817,394)	$ (27,561,702)	$ (45,603,110)
Loss per share, basic and diluted	$ (0.75)	$ (0.57)	$ (0.62)	$ (0.66)	$ (0.61)	$ (0.43)	$ (0.48)	$ (0.54)	$ (2.60)	$ (2.07)	$ (5.75)