Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 9,244,006us-gaap_CashAndCashEquivalentsAtCarryingValue $ 3,516,244us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable 468,949us-gaap_AccountsReceivableNetCurrent 770,352us-gaap_AccountsReceivableNetCurrent
Inventory, net 1,965,039us-gaap_InventoryNet 1,477,161us-gaap_InventoryNet
Prepaid expenses and other current assets 29,220us-gaap_PrepaidExpenseAndOtherAssetsCurrent 174,870us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 11,707,214us-gaap_AssetsCurrent 5,938,627us-gaap_AssetsCurrent
Property and equipment, net 482,970us-gaap_PropertyPlantAndEquipmentNet 903,160us-gaap_PropertyPlantAndEquipmentNet
Software license inventory 910,000us-gaap_OtherInventoryNoncurrent 927,500us-gaap_OtherInventoryNoncurrent
Other assets 285,498us-gaap_OtherAssetsNoncurrent 103,783us-gaap_OtherAssetsNoncurrent
Total assets 13,385,682us-gaap_Assets 7,873,070us-gaap_Assets
Current liabilities:    
Accounts payable 997,090us-gaap_AccountsPayableCurrent 1,376,627us-gaap_AccountsPayableCurrent
Accrued compensation 323,644us-gaap_EmployeeRelatedLiabilitiesCurrent 210,359us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued liabilities 1,297,712us-gaap_OtherAccruedLiabilitiesCurrent 310,317us-gaap_OtherAccruedLiabilitiesCurrent
Derivative liabilites 2,198,162us-gaap_DerivativeLiabilitiesCurrent 3,747,858us-gaap_DerivativeLiabilitiesCurrent
Deferred product and service revenues 102,710us-gaap_DeferredRevenueCurrent 106,859us-gaap_DeferredRevenueCurrent
Accrued interest 876,025us-gaap_OtherAccruedLiabilitiesNoncurrent 531,830us-gaap_OtherAccruedLiabilitiesNoncurrent
Senior note payable, net of unamortized discount of $271,306 and $437,261 at December 31, 2014 and December 31, 2013, respectively 4,018,139us-gaap_LongTermNotesPayable 3,852,183us-gaap_LongTermNotesPayable
Commitments and contingencies (Notes 5, 6, 7, 8 , 9, 10, and 11)      
Stockholders' deficit:    
Common stock, $0.01 par value; 100,000,000 shares authorized; 74,842,428 shares issued and outstanding at December 31, 2014; and 58,536,972 issued and outstanding, at December 31, 2013 748,424us-gaap_CommonStockValue 585,369us-gaap_CommonStockValue
Additional paid-in capital 76,428,580us-gaap_AdditionalPaidInCapital 65,333,264us-gaap_AdditionalPaidInCapital
Accumulated deficit (77,277,334)us-gaap_RetainedEarningsAccumulatedDeficit (72,752,602)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' deficit (100,330)us-gaap_StockholdersEquity (6,833,969)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficit 13,385,682us-gaap_LiabilitiesAndStockholdersEquity 7,873,070us-gaap_LiabilitiesAndStockholdersEquity
2010 Junior Secured Notes Payable [Member]    
Current liabilities:    
Junior secured notes payable 316,829us-gaap_SecuredLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= mric_JuniorSecuredNotesPayable2010Member
232,405us-gaap_SecuredLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= mric_JuniorSecuredNotesPayable2010Member
2014 Junior Secured Notes Payable [Member]    
Current liabilities:    
Junior secured notes payable 3,355,701us-gaap_SecuredLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= mric_JuniorSecuredNotesPayable2014Member
 
Total liabilities 13,486,012us-gaap_Liabilities
/ us-gaap_LongtermDebtTypeAxis
= mric_JuniorSecuredNotesPayable2014Member
14,707,039us-gaap_Liabilities
/ us-gaap_LongtermDebtTypeAxis
= mric_JuniorSecuredNotesPayable2014Member
Noncurrent Related Party Convertible Notes Payable [Member]    
Current liabilities:    
Related party convertible notes payable   4,338,601mric_RelatedPartyConvertibleNotesPayableNetOfUnamortizedDiscount
/ us-gaap_BalanceSheetLocationAxis
= mric_NoncurrentRelatedPartyConvertibleNotesPayableMember
Total current liabilities $ 4,919,318us-gaap_LiabilitiesCurrent
/ us-gaap_BalanceSheetLocationAxis
= mric_NoncurrentRelatedPartyConvertibleNotesPayableMember
$ 10,090,621us-gaap_LiabilitiesCurrent
/ us-gaap_BalanceSheetLocationAxis
= mric_NoncurrentRelatedPartyConvertibleNotesPayableMember