Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors
|
12 Months Ended | |
---|---|---|
Dec. 31, 2014
|
Dec. 31, 2013
|
|
Black-Scholes Valuation Model [Member] | Minimum [Member] | ||
Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors [Line Items] | ||
Expected Volatility |
47.50%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_ValuationTechniqueAxis = mric_BlackScholesValuationModelMember |
|
Risk free Interest rates |
1.73%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_ValuationTechniqueAxis = mric_BlackScholesValuationModelMember |
|
Black-Scholes Valuation Model [Member] | Maximum [Member] | ||
Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors [Line Items] | ||
Expected Volatility |
47.70%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ValuationTechniqueAxis = mric_BlackScholesValuationModelMember |
|
Risk free Interest rates |
1.76%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MaximumMember / us-gaap_ValuationTechniqueAxis = mric_BlackScholesValuationModelMember |
|
Black-Scholes Valuation Model [Member] | ||
Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors [Line Items] | ||
Dividend yield |
0.00%us-gaap_FairValueAssumptionsExpectedDividendRate / us-gaap_ValuationTechniqueAxis = mric_BlackScholesValuationModelMember |
|
Expected life (in years) | 5 years | |
Minimum [Member] | ||
Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors [Line Items] | ||
Expected Volatility |
49.40%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MinimumMember |
43.40%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MinimumMember |
Risk free Interest rates |
1.73%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MinimumMember |
0.92%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MinimumMember |
Expected life (in years) | 5 years 6 months | 5 years |
Maximum [Member] | ||
Note 6 - Notes Payable (Details) - Assumptions Used in Calculating Fair Value of Warrants Issued, Directors [Line Items] | ||
Expected Volatility |
51.80%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MaximumMember |
46.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MaximumMember |
Risk free Interest rates |
2.71%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MaximumMember |
2.10%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MaximumMember |
Expected life (in years) | 6 years | 6 years |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|