Note 6 - Notes Payable (Details) (USD $)
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1 Months Ended |
12 Months Ended |
0 Months Ended |
1 Months Ended |
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Dec. 31, 2014
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Mar. 31, 2014
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Jan. 31, 2013
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Nov. 30, 2010
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Dec. 31, 2014
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Dec. 31, 2013
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Mar. 06, 2013
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Mar. 31, 2013
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Dec. 31, 2012
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Mar. 06, 2014
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Apr. 30, 2011
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Note 6 - Notes Payable (Details) [Line Items] |
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Debt Instrument, Face Amount |
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$ 3,000,000us-gaap_DebtInstrumentFaceAmount
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Debt Instrument, Interest Rate, Stated Percentage |
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3.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
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Other Nonoperating Expense |
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1,356,177us-gaap_OtherNonoperatingExpense
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Debt Instrument, Unamortized Discount |
3,323,776us-gaap_DebtInstrumentUnamortizedDiscount
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2,775,300us-gaap_DebtInstrumentUnamortizedDiscount
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3,323,776us-gaap_DebtInstrumentUnamortizedDiscount
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Units Issued During Period (in Shares) |
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10,714,286mric_UnitsIssuedDuringPeriod
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Proceeds from Issuance or Sale of Equity |
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3,000,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity
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Units Shares of Common Stock Per Unit |
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1mric_UnitsSharesOfCommonStockPerUnit
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Stock Issued During Period, Shares, Conversion of Units (in Shares) |
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10,714,286us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
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Stock Issued During Period, Value, Conversion of Units |
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2,775,300us-gaap_StockIssuedDuringPeriodValueConversionOfUnits
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9,379,880us-gaap_StockIssuedDuringPeriodValueConversionOfUnits
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6,499,550us-gaap_StockIssuedDuringPeriodValueConversionOfUnits
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Debt Instrument Maturity |
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10 years
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Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in Shares) |
0.4us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
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0.5us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
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0.4us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
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Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) |
$ 0.91us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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[1] |
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$ 1.20us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 0.91us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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[1] |
$ 1.33us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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$ 0.95us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
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Proceeds from Issuance of Private Placement |
9,379,880us-gaap_ProceedsFromIssuanceOfPrivatePlacement
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3,503,314us-gaap_ProceedsFromIssuanceOfPrivatePlacement
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9,829,014us-gaap_ProceedsFromIssuanceOfPrivatePlacement
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Payments for Commissions |
709,839us-gaap_PaymentsForCommissions
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Deferred Finance Costs, Net |
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30,210us-gaap_DeferredFinanceCostsNet
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Issued to Placement Agents and Subagents [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) |
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72,750us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_ClassOfWarrantOrRightAxis = mric_IssuedToPlacementAgentsAndSubagentsMember
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Payments for Commissions |
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145,500us-gaap_PaymentsForCommissions / us-gaap_ClassOfWarrantOrRightAxis = mric_IssuedToPlacementAgentsAndSubagentsMember
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Investment from Non-employee Directors [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Proceeds from Issuance of Private Placement |
15,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement / us-gaap_StatementEquityComponentsAxis = mric_InvestmentFromNonemployeeDirectorsMember
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1,100,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement / us-gaap_StatementEquityComponentsAxis = mric_InvestmentFromNonemployeeDirectorsMember
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April 2011 Note [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Debt Instrument, Face Amount |
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4,289,444us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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2,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Debt Instrument, Interest Rate, Stated Percentage |
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5.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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10.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Debt Instrument, Convertible, Conversion Price (in Dollars per share) |
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$ 0.60us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Accrued Interest Added to Principal Balance of a Note Payable |
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389,444mric_AccruedInterestAddedToPrincipalBalanceOfANotePayable / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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389,444mric_AccruedInterestAddedToPrincipalBalanceOfANotePayable / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Increase in Principal Balance of Note Payable |
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1,900,000mric_IncreaseInPrincipalBalanceOfNotePayable / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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1,900,000mric_IncreaseInPrincipalBalanceOfNotePayable / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Debt Instrument, Fair Value Disclosure |
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3,745,621us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Other Nonoperating Expense |
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1,356,177us-gaap_OtherNonoperatingExpense / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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Debt Instrument, Unamortized Discount |
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543,823us-gaap_DebtInstrumentUnamortizedDiscount / us-gaap_DebtInstrumentAxis = mric_April2011NoteMember
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2014 Junior Secured Notes Payable [Member] | Shareholders' Equity [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Proceeds from Issuance of Debt |
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413,057us-gaap_ProceedsFromIssuanceOfDebt / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member / us-gaap_ShareholdersEquityClassAxis = us-gaap_ShareholdersEquityMember
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2014 Junior Secured Notes Payable [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Debt Instrument, Face Amount |
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3,725,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Debt Instrument, Interest Rate, Stated Percentage |
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12.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Debt Instrument, Unamortized Discount |
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413,057us-gaap_DebtInstrumentUnamortizedDiscount / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in Shares) |
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0.3us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) |
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1,117,500us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Proceeds from Secured Notes Payable |
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3,725,000us-gaap_ProceedsFromSecuredNotesPayable / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) |
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$ 1.75us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_DebtInstrumentAxis = mric_JuniorSecuredNotesPayable2014Member
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Debt Instrument, Convertible, Remaining Discount Amortization Period |
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5 years
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Placement Agent Warrants [Member] | Other Assets [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Deferred Finance Costs, Net |
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30,210us-gaap_DeferredFinanceCostsNet / us-gaap_BalanceSheetLocationAxis = us-gaap_OtherAssetsMember / us-gaap_NatureOfExpenseAxis = mric_PlacementAgentWarrantsMember
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Other Offering Expenses [Member] | Other Assets [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Deferred Finance Costs, Net |
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76,186us-gaap_DeferredFinanceCostsNet / us-gaap_BalanceSheetLocationAxis = us-gaap_OtherAssetsMember / us-gaap_NatureOfExpenseAxis = mric_OtherOfferingExpensesMember
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Officer [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Units Issued During Period (in Shares) |
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882,726mric_UnitsIssuedDuringPeriod / us-gaap_TitleOfIndividualAxis = us-gaap_OfficerMember
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Proceeds from Issuance or Sale of Equity |
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247,164us-gaap_ProceedsFromIssuanceOrSaleOfEquity / us-gaap_TitleOfIndividualAxis = us-gaap_OfficerMember
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Director [Member] |
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Note 6 - Notes Payable (Details) [Line Items] |
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Units Issued During Period (in Shares) |
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567,203mric_UnitsIssuedDuringPeriod / us-gaap_TitleOfIndividualAxis = us-gaap_DirectorMember
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Proceeds from Issuance or Sale of Equity |
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$ 158,816us-gaap_ProceedsFromIssuanceOrSaleOfEquity / us-gaap_TitleOfIndividualAxis = us-gaap_DirectorMember
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