General form of registration statement for all companies including face-amount certificate companies

Balance Sheets

v2.4.1.9
Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 3,516,244us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,620,005us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable 770,352us-gaap_AccountsReceivableNetCurrent 445,432us-gaap_AccountsReceivableNetCurrent
Inventory 1,477,161us-gaap_InventoryNet 899,702us-gaap_InventoryNet
Prepaid expenses and other current assets 174,870us-gaap_PrepaidExpenseAndOtherAssetsCurrent 110,873us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 5,938,627us-gaap_AssetsCurrent 3,076,012us-gaap_AssetsCurrent
Property and equipment, net 903,160us-gaap_PropertyPlantAndEquipmentNet 1,287,115us-gaap_PropertyPlantAndEquipmentNet
Software license inventory 927,500us-gaap_OtherInventoryNoncurrent 1,137,500us-gaap_OtherInventoryNoncurrent
Other assets 103,783us-gaap_OtherAssetsNoncurrent 51,119us-gaap_OtherAssetsNoncurrent
Total assets 7,873,070us-gaap_Assets 5,551,746us-gaap_Assets
Current liabilities:    
Accounts payable 1,376,627us-gaap_AccountsPayableCurrent 1,961,195us-gaap_AccountsPayableCurrent
Accrued compensation 210,359us-gaap_EmployeeRelatedLiabilitiesCurrent 278,124us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued liabilities 310,317us-gaap_OtherAccruedLiabilitiesCurrent 1,177,142us-gaap_OtherAccruedLiabilitiesCurrent
Derivative liabilites 3,747,858us-gaap_DerivativeLiabilitiesCurrent 2,129,091us-gaap_DerivativeLiabilitiesCurrent
Related party deferred revenues   650,000mric_RelatedPartyDeferredRevenueCurrent
Deferred product and service revenues 106,859us-gaap_DeferredRevenueCurrent 112,725us-gaap_DeferredRevenueCurrent
Related party convertible notes payable 4,338,601mric_RelatedPartyConvertibleNotesPayableNetOfUnamortizedDiscount  
Total current liabilities 10,090,621us-gaap_LiabilitiesCurrent 6,308,277us-gaap_LiabilitiesCurrent
Other accrued liabilities 531,830us-gaap_OtherAccruedLiabilitiesNoncurrent 574,722us-gaap_OtherAccruedLiabilitiesNoncurrent
Note payable, net of unamortized discount of $437,261 and $0 at December 31, 2013 and 2012, respectively 3,852,183us-gaap_LongTermNotesPayable 2,000,000us-gaap_LongTermNotesPayable
Junior secured notes payable, net of unamortized discount of $2,767,595 and $2,804,451 at December 31, 2013 and 2012, respectively 232,405us-gaap_SecuredLongTermDebt 195,549us-gaap_SecuredLongTermDebt
Total liabilities 14,707,039us-gaap_Liabilities 13,417,149us-gaap_Liabilities
Commitments and contingencies (Notes 5, 8, 10, 11 and 12)      
Stockholders' deficit:    
Common stock, $0.01 par value; 100,000,000 shares authorized; 58,536,972 shares issued and outstanding at December 31, 2013; and 48,418,830 and 48,093,000 issued and outstanding, respectively, at December 31, 2012 585,369us-gaap_CommonStockValue 484,187us-gaap_CommonStockValue
Additional paid-in capital 65,333,264us-gaap_AdditionalPaidInCapital 58,995,972us-gaap_AdditionalPaidInCapital
Treasury stock, at cost, 325,830 common shares at December 31, 2012   (1,679,234)us-gaap_TreasuryStockValue
Accumulated deficit (72,752,602)us-gaap_RetainedEarningsAccumulatedDeficit (65,666,328)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' deficit (6,833,969)us-gaap_StockholdersEquity (7,865,403)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficit 7,873,070us-gaap_LiabilitiesAndStockholdersEquity 5,551,746us-gaap_LiabilitiesAndStockholdersEquity
Current Related Party Convertible Notes Payable [Member]    
Current liabilities:    
Related party convertible notes payable 4,338,601mric_RelatedPartyConvertibleNotesPayableNetOfUnamortizedDiscount
/ us-gaap_BalanceSheetLocationAxis
= mric_CurrentRelatedPartyConvertibleNotesPayableMember
 
Noncurrent Related Party Convertible Notes Payable [Member]    
Current liabilities:    
Related party convertible notes payable   $ 4,338,601mric_RelatedPartyConvertibleNotesPayableNetOfUnamortizedDiscount
/ us-gaap_BalanceSheetLocationAxis
= mric_NoncurrentRelatedPartyConvertibleNotesPayableMember