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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
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Mar. 31, 2015
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Dec. 31, 2014
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Mar. 31, 2014
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| Current Assets: | |||
| Cash and cash equivalents | $ 6,438,329us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 9,244,006us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 5,801,050us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Accounts receivable | 605,718us-gaap_AccountsReceivableNetCurrent | 468,949us-gaap_AccountsReceivableNetCurrent | |
| Inventory, net | 2,096,899us-gaap_InventoryNet | 1,965,039us-gaap_InventoryNet | |
| Prepaid expenses and other current assets | 36,129us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 29,220us-gaap_PrepaidExpenseAndOtherAssetsCurrent | |
| Total current assets | 9,177,075us-gaap_AssetsCurrent | 11,707,214us-gaap_AssetsCurrent | |
| Property and equipment, net | 406,892us-gaap_PropertyPlantAndEquipmentNet | 482,970us-gaap_PropertyPlantAndEquipmentNet | |
| Software license inventory | 892,500us-gaap_OtherInventoryNoncurrent | 910,000us-gaap_OtherInventoryNoncurrent | |
| Other assets | 268,814us-gaap_OtherAssetsNoncurrent | 285,498us-gaap_OtherAssetsNoncurrent | |
| Total assets | 10,745,281us-gaap_Assets | 13,385,682us-gaap_Assets | |
| Current liabilities: | |||
| Accounts payable | 1,142,876us-gaap_AccountsPayableCurrent | 997,090us-gaap_AccountsPayableCurrent | |
| Accrued compensation | 321,060us-gaap_EmployeeRelatedLiabilitiesCurrent | 323,644us-gaap_EmployeeRelatedLiabilitiesCurrent | |
| Accrued restructuring charges | 753,400us-gaap_RestructuringReserveCurrent | ||
| Other accrued liabilities | 328,842us-gaap_OtherAccruedLiabilitiesCurrent | 1,297,712us-gaap_OtherAccruedLiabilitiesCurrent | |
| Derivative liabilites | 2,980,964us-gaap_DerivativeLiabilitiesCurrent | 2,198,162us-gaap_DerivativeLiabilitiesCurrent | |
| Deferred product and service revenues | 97,840us-gaap_DeferredRevenueCurrent | 102,710us-gaap_DeferredRevenueCurrent | |
| Total current liabilities | 5,624,982us-gaap_LiabilitiesCurrent | 4,919,318us-gaap_LiabilitiesCurrent | |
| Accrued interest | 962,075us-gaap_OtherAccruedLiabilitiesNoncurrent | 876,025us-gaap_OtherAccruedLiabilitiesNoncurrent | |
| Senior secured note payable, net of unamortized discount of $225,353 and $271,305 at March 31, 2015 and December 31, 2014, respectively | 4,064,091us-gaap_LongTermNotesPayable | 4,018,139us-gaap_LongTermNotesPayable | |
| Total liabilities | 14,375,390us-gaap_Liabilities | 13,486,012us-gaap_Liabilities | |
| Commitments and contingencies (Notes 4, 5, 6 and 7) | |||
| Stockholders' deficit: | |||
| Common stock, $0.01 par value; 100,000,000 shares authorized; 74,880,011 shares issued and outstanding at March 31, 2015; and 74,842,428 issued and outstanding at December 31, 2014 | 748,800us-gaap_CommonStockValue | 748,424us-gaap_CommonStockValue | |
| Additional paid-in capital | 76,843,679us-gaap_AdditionalPaidInCapital | 76,428,580us-gaap_AdditionalPaidInCapital | |
| Accumulated deficit | (81,222,588)us-gaap_RetainedEarningsAccumulatedDeficit | (77,277,334)us-gaap_RetainedEarningsAccumulatedDeficit | |
| Total stockholders' deficit | (3,630,109)us-gaap_StockholdersEquity | (100,330)us-gaap_StockholdersEquity | |
| Total liabilities and stockholders' deficit | 10,745,281us-gaap_LiabilitiesAndStockholdersEquity | 13,385,682us-gaap_LiabilitiesAndStockholdersEquity | |
| 2014 Junior Secured Notes Payable [Member] | |||
| Current liabilities: | |||
| Junior secured notes payable |
3,373,775us-gaap_SecuredLongTermDebt / us-gaap_LongtermDebtTypeAxis = mric_JuniorSecuredNotesPayable2014Member |
3,355,701us-gaap_SecuredLongTermDebt / us-gaap_LongtermDebtTypeAxis = mric_JuniorSecuredNotesPayable2014Member |
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| 2010 Junior Secured Notes Payable [Member] | |||
| Current liabilities: | |||
| Junior secured notes payable |
$ 350,467us-gaap_SecuredLongTermDebt / us-gaap_LongtermDebtTypeAxis = mric_JuniorSecuredNotesPayable2010Member |
$ 316,829us-gaap_SecuredLongTermDebt / us-gaap_LongtermDebtTypeAxis = mric_JuniorSecuredNotesPayable2010Member |
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The noncurrent portion (due beyond one year or one operating cycle) of other accrued expenses (expenses incurred at the end of the reporting period but not yet paid) not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of inventories not expected to be converted to cash, sold or exchanged within the normal operating cycle (such as inventory related to long-term contracts or program rights). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of collateralized debt obligations with maturities initially due after one year or beyond the operating cycle, if longer, excluding the current portion. Obligations include, but not limited to, mortgage loans, chattel loans, and other borrowings secured by assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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