2017 Q4 Form 10-Q Financial Statement

#000162828017010010 Filed on October 20, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $4.930M $3.547M $3.389M
YoY Change 32.53% 4.64% 64.98%
Cost Of Revenue $2.860M $2.041M $2.032M
YoY Change 40.89% 0.45% 81.54%
Gross Profit $2.070M $1.506M $1.358M
YoY Change 22.49% 10.91% 45.16%
Gross Profit Margin 41.99% 42.45% 40.05%
Selling, General & Admin $4.080M $4.178M $4.125M
YoY Change 11.78% 1.28% 23.07%
% of Gross Profit 197.1% 277.48% 303.85%
Research & Development $880.0K $840.6K $1.203M
YoY Change -3.3% -30.11% 27.83%
% of Gross Profit 42.51% 55.83% 88.59%
Depreciation & Amortization $60.00K $70.00K $70.00K
YoY Change 0.0% 0.0% 16.67%
% of Gross Profit 2.9% 4.65% 5.16%
Operating Expenses $4.950M $5.019M $5.328M
YoY Change 8.79% -5.8% 24.12%
Operating Profit -$2.880M -$3.513M -$3.970M
YoY Change 0.7% -11.52% 18.25%
Interest Expense $0.00 $0.00 $60.00K
YoY Change -100.0% -100.0% -60.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.880M -$3.510M -$3.910M
YoY Change 2.49% -10.23% 22.19%
Income Tax
% Of Pretax Income
Net Earnings -$2.880M -$3.509M -$3.908M
YoY Change 2.49% -10.21% 21.99%
Net Earnings / Revenue -58.42% -98.94% -115.3%
Basic Earnings Per Share -$3.11
Diluted Earnings Per Share -$11.52M -$3.11 -$65.17M
COMMON SHARES
Basic Shares Outstanding 2.346M shares 2.036M shares
Diluted Shares Outstanding 2.036M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.040M $3.970M $7.570M
YoY Change 2.28% -47.56% -17.0%
Cash & Equivalents $4.044M $3.969M $7.568M
Short-Term Investments
Other Short-Term Assets $2.640M $2.040M $1.290M
YoY Change 60.0% 58.14% 46.59%
Inventory $2.143M $1.786M $1.160M
Prepaid Expenses
Receivables $1.049M $423.4K $570.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.103M $8.221M $10.59M
YoY Change 19.99% -22.37% -11.53%
LONG-TERM ASSETS
Property, Plant & Equipment $440.8K $417.3K $580.0K
YoY Change -17.24% -28.05% -22.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $60.00K $130.0K $170.0K
YoY Change -62.5% -23.53% -19.05%
Total Long-Term Assets $495.9K $552.0K $760.0K
YoY Change -28.86% -27.37% -20.83%
TOTAL ASSETS
Total Short-Term Assets $9.103M $8.221M $10.59M
Total Long-Term Assets $495.9K $552.0K $760.0K
Total Assets $9.599M $8.773M $11.35M
YoY Change 15.88% -22.71% -12.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $733.3K $725.2K $710.0K
YoY Change -0.1% 2.14% -25.26%
Accrued Expenses $2.362M $1.911M $1.810M
YoY Change 43.27% 5.58% -4.74%
Deferred Revenue $820.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.582M $4.255M $3.590M
YoY Change 38.07% 18.52% 1.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $50.00K
YoY Change -100.0% -94.44%
Total Long-Term Liabilities $0.00 $0.00 $50.00K
YoY Change -100.0% -94.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.582M $4.255M $3.590M
Total Long-Term Liabilities $0.00 $0.00 $50.00K
Total Liabilities $4.582M $4.255M $3.640M
YoY Change 37.88% 16.9% -17.99%
SHAREHOLDERS EQUITY
Retained Earnings -$191.3M -$188.5M
YoY Change 7.2%
Common Stock $271.00 $215.00
YoY Change 222.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.017M $4.518M $7.710M
YoY Change
Total Liabilities & Shareholders Equity $9.599M $8.773M $11.35M
YoY Change 15.88% -22.71% -12.21%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$2.880M -$3.509M -$3.908M
YoY Change 2.49% -10.21% 21.99%
Depreciation, Depletion And Amortization $60.00K $70.00K $70.00K
YoY Change 0.0% 0.0% 16.67%
Cash From Operating Activities -$3.170M -$2.870M -$3.660M
YoY Change -12.43% -21.58% 6.71%
INVESTING ACTIVITIES
Capital Expenditures -$90.00K -$30.00K -$30.00K
YoY Change 800.0% 0.0% -66.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$90.00K -$30.00K -$30.00K
YoY Change 800.0% 0.0% -66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.340M 3.260M -70.00K
YoY Change 16600.0% -4757.14%
NET CHANGE
Cash From Operating Activities -3.170M -2.870M -3.660M
Cash From Investing Activities -90.00K -30.00K -30.00K
Cash From Financing Activities 3.340M 3.260M -70.00K
Net Change In Cash 80.00K 360.0K -3.760M
YoY Change -102.22% -109.57% 6.82%
FREE CASH FLOW
Cash From Operating Activities -$3.170M -$2.870M -$3.660M
Capital Expenditures -$90.00K -$30.00K -$30.00K
Free Cash Flow -$3.080M -$2.840M -$3.630M
YoY Change -14.68% -21.76% 8.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001289850
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
2345519 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
NeuroMetrix, Inc.
dei Trading Symbol
TradingSymbol
NURO
CY2016Q4 nuro Accrued Sales Return Provisions
AccruedSalesReturnProvisions
488200 USD
CY2017Q3 nuro Accrued Sales Return Provisions
AccruedSalesReturnProvisions
454730 USD
CY2016Q4 nuro Common Stock Warrants
CommonStockWarrants
4641 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
6650316 USD
CY2017Q3 nuro Common Stock Warrants
CommonStockWarrants
0 USD
CY2016Q4 nuro Common Stock Warrants Fair Value Disclosure
CommonStockWarrantsFairValueDisclosure
4641 USD
nuro Exchange Of Warrant Liability For Preferred Stock
ExchangeOfWarrantLiabilityForPreferredStock
0 USD
nuro Exchange Of Warrant Liability For Preferred Stock
ExchangeOfWarrantLiabilityForPreferredStock
-40772 USD
nuro Fair Value Adjustmentof Warrants Repricing
FairValueAdjustmentofWarrantsRepricing
0 USD
nuro Fair Value Adjustmentof Warrants Repricing
FairValueAdjustmentofWarrantsRepricing
244611 USD
CY2017Q3 nuro Restricted Cash Collateral Letters Of Credit
RestrictedCashCollateralLettersOfCredit
226731 USD
nuro Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
318761 USD
nuro Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
0 USD
CY2016Q4 nuro Technology Fees
TechnologyFees
450000 USD
CY2017Q3 nuro Technology Fees
TechnologyFees
450000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
734048 USD
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
725224 USD
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
738729 USD
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
423444 USD
CY2016Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
28100 USD
CY2017Q3 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
335600 USD
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1648731 USD
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1911062 USD
CY2016Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
390800 USD
CY2017Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
343000 USD
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
183439463 USD
CY2017Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
192975377 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000 USD
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000 USD
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4971423 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3643286 shares
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7728775 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7896343 shares
CY2016Q4 us-gaap Assets
Assets
8283891 USD
CY2017Q3 us-gaap Assets
Assets
8772656 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
7586923 USD
CY2017Q3 us-gaap Assets Current
AssetsCurrent
8220671 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12462872 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7568186 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3949135 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3969218 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4894686 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
20083 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9569800 USD
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
836862 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2145519 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
836862 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2145519 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10147721 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1268440 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
84 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
215 USD
CY2016Q3 us-gaap Cost Of Revenue
CostOfRevenue
2031823 USD
us-gaap Cost Of Revenue
CostOfRevenue
5086706 USD
CY2017Q3 us-gaap Cost Of Revenue
CostOfRevenue
2040997 USD
us-gaap Cost Of Revenue
CostOfRevenue
7378001 USD
CY2016Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
910595 USD
CY2017Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
1466230 USD
CY2016Q4 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
1247545 USD
CY2017Q3 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
2272736 USD
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
628236 USD
CY2017Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
925794 USD
us-gaap Depreciation
Depreciation
189224 USD
us-gaap Depreciation
Depreciation
198892 USD
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-6.11
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-56.09
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-3.11
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-11.62
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
307471 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
692937 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
418881 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7M6D
CY2016Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-56248 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-227873 USD
CY2017Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-327 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-208480 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
40772 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1165815 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3882461 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1258466 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3925595 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
1357604 USD
us-gaap Gross Profit
GrossProfit
3225390 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
1505683 USD
us-gaap Gross Profit
GrossProfit
4784860 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-287427 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-22074 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-236447 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-315285 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
634181 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
647797 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
1252238 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
1786074 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
466906 USD
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
914150 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
154971 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
91335 USD
CY2016Q4 us-gaap Liabilities
Liabilities
3323127 USD
CY2017Q3 us-gaap Liabilities
Liabilities
4255017 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8283891 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8772656 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3318486 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4255017 USD
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2018-01-15
CY2017Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2500000 USD
CY2017Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
2300000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
402178 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
297558 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
73072 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
533836 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
408532 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
365547 USD
CY2016Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
5772 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
17030 USD
CY2017Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
3554 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
11018 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
630361 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
780589 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-87884 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-70226 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-11457118 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-9479491 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-3908153 USD
us-gaap Net Income Loss
NetIncomeLoss
-12098928 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-3508983 USD
us-gaap Net Income Loss
NetIncomeLoss
-9979179 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3908153 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-31945305 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-6342081 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16853959 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
5327777 USD
us-gaap Operating Expenses
OperatingExpenses
15569221 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
5018547 USD
us-gaap Operating Expenses
OperatingExpenses
14983537 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3970173 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-12343831 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3512864 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-10198677 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
245752 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
9569800 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
45879 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-188500000 USD
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
112008 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
532706 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
417290 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
488200 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
454730 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1202651 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
569555 shares
CY2017Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2036117 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1450237 shares
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3487291 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
840577 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2621445 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-178478801 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-188457980 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
215724 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2016Q4 us-gaap Other Deferred Credits Current
OtherDeferredCreditsCurrent
619309 USD
CY2017Q3 us-gaap Other Deferred Credits Current
OtherDeferredCreditsCurrent
1346942 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87884 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70226 USD
CY2016Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
19846377 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2833098 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6874780 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1646821 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2041935 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
164262 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
134695 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
6650316 USD
CY2016Q3 us-gaap Revenues
Revenues
3389427 USD
us-gaap Revenues
Revenues
8312096 USD
CY2017Q3 us-gaap Revenues
Revenues
3546680 USD
us-gaap Revenues
Revenues
12162861 USD
CY2016Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2959311 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8199469 USD
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2919504 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8436497 USD
us-gaap Share Based Compensation
ShareBasedCompensation
176684 USD
us-gaap Share Based Compensation
ShareBasedCompensation
170093 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
4960764 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
4517639 USD
CY2017Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.125
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
639512 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div></div>

Files In Submission

Name View Source Status
0001628280-17-010010-index-headers.html Edgar Link pending
0001628280-17-010010-index.html Edgar Link pending
0001628280-17-010010.txt Edgar Link pending
0001628280-17-010010-xbrl.zip Edgar Link pending
a10q9302017document.htm Edgar Link pending
a10q9302017exhibit311.htm Edgar Link pending
a10q9302017exhibit312.htm Edgar Link pending
a10q9302017exhibit32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
nuro-20170930.xml Edgar Link completed
nuro-20170930.xsd Edgar Link pending
nuro-20170930_cal.xml Edgar Link unprocessable
nuro-20170930_def.xml Edgar Link unprocessable
nuro-20170930_lab.xml Edgar Link unprocessable
nuro-20170930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending