2014 Q2 Form 10-Q Financial Statement
#000114420414024572 Filed on April 24, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
Revenue | $1.344M | $1.332M | $1.400M |
YoY Change | 15.8% | -4.89% | -32.74% |
Cost Of Revenue | $655.3K | $615.1K | $569.8K |
YoY Change | 30.76% | 7.95% | -49.8% |
Gross Profit | $688.4K | $716.5K | $831.7K |
YoY Change | 4.42% | -13.85% | -12.14% |
Gross Profit Margin | 51.23% | 53.81% | 59.41% |
Selling, General & Admin | $1.843M | $1.593M | $2.013M |
YoY Change | -1.57% | -20.88% | -26.12% |
% of Gross Profit | 267.7% | 222.34% | 242.1% |
Research & Development | $1.465M | $863.7K | $1.073M |
YoY Change | 60.29% | -19.54% | 9.75% |
% of Gross Profit | 212.78% | 120.55% | 129.07% |
Depreciation & Amortization | $40.00K | $30.00K | $40.00K |
YoY Change | 0.0% | -25.0% | -42.86% |
% of Gross Profit | 5.81% | 4.19% | 4.81% |
Operating Expenses | $3.308M | $2.457M | $3.087M |
YoY Change | 18.72% | -20.41% | -16.64% |
Operating Profit | -$2.619M | -$1.740M | -$2.255M |
YoY Change | 23.15% | -22.83% | -18.19% |
Interest Expense | $480.0K | $520.0K | $0.00 |
YoY Change | -58.62% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$2.170M | -$1.220M | -$2.250M |
YoY Change | 60.74% | -45.78% | -18.18% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$2.171M | -$1.225M | -$2.253M |
YoY Change | 61.29% | -45.66% | -18.13% |
Net Earnings / Revenue | -161.54% | -91.97% | -160.96% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$72.33M | -$61.00M | -$225.0M |
COMMON SHARES | |||
Basic Shares Outstanding | 5.946M shares | 5.946M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $13.69M | $7.580M | $6.890M |
YoY Change | 42.75% | 10.01% | -54.7% |
Cash & Equivalents | $13.69M | $7.584M | $6.886M |
Short-Term Investments | |||
Other Short-Term Assets | $350.0K | $480.0K | $420.0K |
YoY Change | 9.38% | 14.29% | 16.67% |
Inventory | $600.0K | $665.7K | $790.0K |
Prepaid Expenses | |||
Receivables | $530.0K | $530.7K | $530.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $15.18M | $9.256M | $8.630M |
YoY Change | 35.35% | 7.26% | -51.12% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $180.4K | $198.5K | $260.0K |
YoY Change | -21.75% | -23.67% | -40.52% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Total Long-Term Assets | $181.7K | $199.3K | $260.0K |
YoY Change | -22.24% | -23.33% | -61.59% |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.18M | $9.256M | $8.630M |
Total Long-Term Assets | $181.7K | $199.3K | $260.0K |
Total Assets | $15.36M | $9.456M | $8.890M |
YoY Change | 34.18% | 6.36% | -51.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $534.5K | $578.0K | $230.0K |
YoY Change | 154.54% | 151.3% | -42.47% |
Accrued Expenses | $977.2K | $791.6K | $1.580M |
YoY Change | -7.91% | -49.9% | 68.37% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $10.00K | ||
YoY Change | -50.0% | ||
Total Short-Term Liabilities | $2.370M | $1.970M | $1.940M |
YoY Change | 12.23% | 1.54% | -17.41% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $5.380M | $1.440M | $60.00K |
YoY Change | 85.52% | 2300.0% | -40.0% |
Total Long-Term Liabilities | $5.380M | $1.440M | $60.00K |
YoY Change | 85.52% | 2300.0% | -45.45% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.370M | $1.970M | $1.940M |
Total Long-Term Liabilities | $5.380M | $1.440M | $60.00K |
Total Liabilities | $7.750M | $3.409M | $2.000M |
YoY Change | 54.75% | 70.44% | -18.73% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$147.8M | ||
YoY Change | |||
Common Stock | $595.00 | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $7.610M | $6.047M | $6.900M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $15.36M | $9.456M | $8.890M |
YoY Change | 34.16% | 6.36% | -51.5% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.171M | -$1.225M | -$2.253M |
YoY Change | 61.29% | -45.66% | -18.13% |
Depreciation, Depletion And Amortization | $40.00K | $30.00K | $40.00K |
YoY Change | 0.0% | -25.0% | -42.86% |
Cash From Operating Activities | -$1.830M | -$1.608M | -$1.802M |
YoY Change | -1.61% | -10.76% | -30.31% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$20.00K | $4.115K | $6.064K |
YoY Change | 100.0% | -32.14% | -75.16% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$20.00K | -$4.115K | -$6.064K |
YoY Change | 100.0% | -32.14% | -75.16% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 7.960M | $0.00 | -$5.281K |
YoY Change | 73.8% | -100.0% | -100.07% |
NET CHANGE | |||
Cash From Operating Activities | -1.830M | -$1.608M | -$1.802M |
Cash From Investing Activities | -20.00K | -$4.115K | -$6.064K |
Cash From Financing Activities | 7.960M | $0.00 | -$5.281K |
Net Change In Cash | 6.110M | -$1.612M | -$1.813M |
YoY Change | 125.46% | -11.09% | -136.84% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.830M | -$1.608M | -$1.802M |
Capital Expenditures | -$20.00K | $4.115K | $6.064K |
Free Cash Flow | -$1.810M | -$1.612M | -$1.808M |
YoY Change | -2.16% | -10.83% | -30.73% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
863718 | USD |
CY2014Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
446216 | USD |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1146757 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2456691 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1740235 | USD |
CY2014Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
1036 | USD |
CY2014Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-514600 | USD |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1224599 | USD |
CY2014Q1 | us-gaap |
Gross Profit
GrossProfit
|
716456 | USD |
CY2013Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
5931134 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.21 | |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1647908 | USD |
CY2014Q1 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
14963 | USD |
CY2013Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
15277 | USD |
CY2014Q1 | nuro |
Common Stock Warrants
CommonStockWarrants
|
1424003 | USD |
CY2013Q4 | nuro |
Common Stock Warrants
CommonStockWarrants
|
1938603 | USD |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
3408778 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
3601788 | USD |
CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
595 | USD |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
595 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
153882944 | USD |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
153806460 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-147836679 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-146612080 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7583538 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9195753 | USD |
CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
530666 | USD |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
390922 | USD |
CY2014Q1 | us-gaap |
Inventory Net
InventoryNet
|
665695 | USD |
CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
563036 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
476407 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
416816 | USD |
CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
9256306 | USD |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
10566527 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
198463 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
229313 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
869 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
923 | USD |
CY2014Q1 | us-gaap |
Assets
Assets
|
9455638 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
10796763 | USD |
CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
577986 | USD |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
322896 | USD |
CY2014Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
536693 | USD |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
386004 | USD |
CY2014Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
791641 | USD |
CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
870196 | USD |
CY2014Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
63492 | USD |
CY2013Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
68812 | USD |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1969812 | USD |
CY2013Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
867427 | shares |
CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2168168 | shares |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6046860 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7194975 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9455638 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10796763 | USD |
CY2014Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during reporting periods. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2013Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
569784 | USD |
CY2013Q1 | us-gaap |
Gross Profit
GrossProfit
|
831670 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2014Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5945581 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5945581 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5945581 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5945581 | shares |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1073419 | USD |
CY2013Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
779841 | USD |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1233594 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
3086854 | USD |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2255184 | USD |
CY2013Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
1769 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2253415 | USD |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.06 | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2131745 | shares |
CY2014Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
285218 | USD |
CY2013Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
205320 | USD |
CY2014Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
380477 | USD |
CY2013Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
357716 | USD |
CY2014Q1 | nuro |
Technology Fees
TechnologyFees
|
450000 | USD |
CY2013Q4 | nuro |
Technology Fees
TechnologyFees
|
450000 | USD |
CY2014Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
178847 | USD |
CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
263642 | USD |
CY2014Q1 | nuro |
Clinical Study Obligations
ClinicalStudyObligations
|
28425 | USD |
CY2013Q4 | nuro |
Clinical Study Obligations
ClinicalStudyObligations
|
51424 | USD |
CY2014Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
32167 | USD |
CY2013Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
32688 | USD |
CY2014Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
102202 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
72442 | USD |
CY2013Q2 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2015-03-31 | |
CY2014Q1 | us-gaap |
Share Price
SharePrice
|
2.34 | |
CY2013Q4 | us-gaap |
Share Price
SharePrice
|
2.92 | |
CY2014Q1 | us-gaap |
Fair Value Assumptions Exercise Price
FairValueAssumptionsExercisePrice
|
2.00 | |
CY2013Q4 | us-gaap |
Fair Value Assumptions Exercise Price
FairValueAssumptionsExercisePrice
|
2.00 | |
CY2013 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0171 | pure |
CY2014Q1 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0173 | pure |
CY2013 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P4Y5M | |
CY2014Q1 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P4Y2M | |
CY2013 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.6760 | pure |
CY2014Q1 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.6930 | pure |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
2400000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
2425732 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
3926600 | USD |
CY2014Q1 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
2425732 | USD |
CY2013Q4 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
3926600 | USD |
CY2014Q1 | nuro |
Common Stock Warrants Fair Value Disclosure
CommonStockWarrantsFairValueDisclosure
|
1424003 | USD |
CY2013Q4 | nuro |
Common Stock Warrants Fair Value Disclosure
CommonStockWarrantsFairValueDisclosure
|
1938603 | USD |
CY2014Q1 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
1424003 | USD |
CY2013Q4 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
1938603 | USD |
CY2014Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
2500000 | USD |
CY2014Q1 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2015-01-15 | |
CY2014Q1 | nuro |
Restricted Cash Collateral Letters Of Credit
RestrictedCashCollateralLettersOfCredit
|
225000 | USD |
CY2014Q1 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
2275000 | USD |
CY2014Q1 | nuro |
Line Of Credit Facility Maximum Borrowing Capacity In Case Of Not Compliance With Agreement
LineOfCreditFacilityMaximumBorrowingCapacityInCaseOfNotComplianceWithAgreement
|
750000 | USD |
CY2013Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
41156 | USD |
CY2014Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
34965 | USD |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
63155 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
76484 | USD |
CY2013Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
25699 | USD |
CY2014Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-33631 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
139744 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-14162 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
102659 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-56378 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-60186 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-31491 | USD |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
2.00 | |
CY2014Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
2.095 | |
CY2013Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2600000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
135090 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
265733 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
72133 | USD |
CY2013Q1 | nuro |
Increase Decrease In Deferred Revenue Deferred Costs And Other Liabilities
IncreaseDecreaseInDeferredRevenueDeferredCostsAndOtherLiabilities
|
-16950 | USD |
CY2014Q1 | nuro |
Increase Decrease In Deferred Revenue Deferred Costs And Other Liabilities
IncreaseDecreaseInDeferredRevenueDeferredCostsAndOtherLiabilities
|
-5356 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1801942 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1608100 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6064 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4115 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6064 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4115 | USD |
CY2013Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
5281 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
0 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5281 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1813287 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1612215 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8699478 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6886191 | USD |
CY2013Q1 | nuro |
Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
|
-285296 | USD |
CY2014Q1 | nuro |
Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
|
0 | USD |
CY2013Q2 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
4500000 | USD |
CY2013Q2 | nuro |
Class Of Warrant Or Right Exercisable Period
ClassOfWarrantOrRightExercisablePeriod
|
P5Y | |
CY2013Q2 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
248147 | shares |
CY2013Q2 | us-gaap |
Share Price
SharePrice
|
2.095 | |
CY2014Q1 | nuro |
Preferred Stock Stated Value Per Share
PreferredStockStatedValuePerShare
|
1000 | |
CY2013Q2 | nuro |
Gross Proceeds From Issuance Or Sale Of Equity
GrossProceedsFromIssuanceOrSaleOfEquity
|
5000000 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Discount On Shares
PreferredStockDiscountOnShares
|
766900 | USD |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2365934 | shares |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2365934 | shares |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
2.00 | |
CY2014Q1 | nuro |
Entity Date Of Incorporation
EntityDateOfIncorporation
|
1996-06 | |
CY2014Q1 | nuro |
Common Stock Warrants Remaining Liability
CommonStockWarrantsRemainingLiability
|
1057323 | shares |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2014Q1 | dei |
Trading Symbol
TradingSymbol
|
NURO | |
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
5945581 | shares |
CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
NeuroMetrix, Inc. | |
CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001289850 | |
CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
119370 | shares |
CY2013Q1 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
285300 | USD |
CY2013Q1 | nuro |
Closing Price Of Shares
ClosingPriceOfShares
|
2.39 | |
CY2013 | us-gaap |
Dividends
Dividends
|
0 | USD |
CY2014Q1 | us-gaap |
Dividends
Dividends
|
0 | USD |
CY2013Q4 | nuro |
Warrants Or Rights Exercised
WarrantsOrRightsExercised
|
1300000 | shares |