2018 Q4 Form 10-Q Financial Statement

#000162828018012594 Filed on October 17, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $3.730M $3.667M $3.547M
YoY Change -24.34% 3.39% 4.64%
Cost Of Revenue $1.980M $1.821M $2.041M
YoY Change -30.77% -10.77% 0.45%
Gross Profit $1.750M $1.846M $1.506M
YoY Change -15.46% 22.58% 10.91%
Gross Profit Margin 46.92% 50.33% 42.45%
Selling, General & Admin $3.510M $3.350M $4.178M
YoY Change -13.97% -19.82% 1.28%
% of Gross Profit 200.57% 181.5% 277.48%
Research & Development $1.060M $1.178M $840.6K
YoY Change 20.45% 40.2% -30.11%
% of Gross Profit 60.57% 63.85% 55.83%
Depreciation & Amortization $0.00 $30.00K $70.00K
YoY Change -100.0% -57.14% 0.0%
% of Gross Profit 0.0% 1.63% 4.65%
Operating Expenses $4.570M $4.528M $5.019M
YoY Change -7.68% -9.77% -5.8%
Operating Profit -$2.820M -$2.683M -$3.513M
YoY Change -2.08% -23.63% -11.52%
Interest Expense $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $20.00K $20.00K
YoY Change
Pretax Income -$2.800M $1.090M -$3.510M
YoY Change -2.78% -131.05% -10.23%
Income Tax
% Of Pretax Income
Net Earnings -$2.800M $1.086M -$3.509M
YoY Change -2.78% -130.95% -10.21%
Net Earnings / Revenue -75.07% 29.62% -98.94%
Basic Earnings Per Share $0.15 -$3.11
Diluted Earnings Per Share -$3.784M $0.08 -$3.11
COMMON SHARES
Basic Shares Outstanding 7.365M shares 7.365M shares 2.036M shares
Diluted Shares Outstanding 13.95M shares 2.036M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.780M $7.530M $3.970M
YoY Change 67.82% 89.67% -47.56%
Cash & Equivalents $6.780M $7.531M $3.969M
Short-Term Investments
Other Short-Term Assets $860.0K $830.0K $2.040M
YoY Change -67.42% -59.31% 58.14%
Inventory $2.862M $2.597M $1.786M
Prepaid Expenses
Receivables $1.083M $1.616M $423.4K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $11.59M $12.57M $8.221M
YoY Change 27.27% 52.93% -22.37%
LONG-TERM ASSETS
Property, Plant & Equipment $407.3K $380.5K $417.3K
YoY Change -7.6% -8.82% -28.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.00K $90.00K $130.0K
YoY Change -50.0% -30.77% -23.53%
Total Long-Term Assets $2.406M $466.7K $552.0K
YoY Change 385.17% -15.45% -27.37%
TOTAL ASSETS
Total Short-Term Assets $11.59M $12.57M $8.221M
Total Long-Term Assets $2.406M $466.7K $552.0K
Total Assets $13.99M $13.04M $8.773M
YoY Change 45.76% 48.62% -22.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.298M $1.151M $725.2K
YoY Change 77.02% 58.74% 2.14%
Accrued Expenses $1.659M $1.921M $1.911M
YoY Change -29.76% 0.54% 5.58%
Deferred Revenue $0.00
YoY Change -100.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.593M $4.179M $4.255M
YoY Change 43.89% -1.8% 18.52%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.300M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $1.300M $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.593M $4.179M $4.255M
Total Long-Term Liabilities $1.300M $0.00 $0.00
Total Liabilities $7.894M $4.179M $4.255M
YoY Change 72.29% -1.8% 16.9%
SHAREHOLDERS EQUITY
Retained Earnings -$191.0M -$188.2M -$188.5M
YoY Change -0.17% -0.16%
Common Stock $74.00 $737.00 $215.00
YoY Change -72.69% 242.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.098M $8.860M $4.518M
YoY Change
Total Liabilities & Shareholders Equity $13.99M $13.04M $8.773M
YoY Change 45.76% 48.62% -22.71%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$2.800M $1.086M -$3.509M
YoY Change -2.78% -130.95% -10.21%
Depreciation, Depletion And Amortization $0.00 $30.00K $70.00K
YoY Change -100.0% -57.14% 0.0%
Cash From Operating Activities -$720.0K $380.0K -$2.870M
YoY Change -77.29% -113.24% -21.58%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K $20.00K -$30.00K
YoY Change -66.67% -166.67% 0.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$30.00K $20.00K -$30.00K
YoY Change -66.67% -166.67% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K 10.00K 3.260M
YoY Change -99.7% -99.69% -4757.14%
NET CHANGE
Cash From Operating Activities -720.0K 380.0K -2.870M
Cash From Investing Activities -30.00K 20.00K -30.00K
Cash From Financing Activities 10.00K 10.00K 3.260M
Net Change In Cash -740.0K 410.0K 360.0K
YoY Change -1025.0% 13.89% -109.57%
FREE CASH FLOW
Cash From Operating Activities -$720.0K $380.0K -$2.870M
Capital Expenditures -$30.00K $20.00K -$30.00K
Free Cash Flow -$690.0K $360.0K -$2.840M
YoY Change -77.6% -112.68% -21.76%

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
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001289850
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7365038 shares
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
NeuroMetrix, Inc.
dei Entity Small Business
EntitySmallBusiness
true
dei Trading Symbol
TradingSymbol
NURO
CY2017Q4 nuro Accrued Compensation
AccruedCompensation
786184 USD
CY2018Q3 nuro Accrued Compensation
AccruedCompensation
578167 USD
CY2017Q4 nuro Accrued Sales Return Provisions
AccruedSalesReturnProvisions
666375 USD
CY2018Q3 nuro Accrued Sales Return Provisions
AccruedSalesReturnProvisions
1105960 USD
nuro Exchange Of Warrant Liability For Preferred Stock
ExchangeOfWarrantLiabilityForPreferredStock
-40772 USD
nuro Exchange Of Warrant Liability For Preferred Stock
ExchangeOfWarrantLiabilityForPreferredStock
0 USD
nuro Fair Value Adjustmentof Warrants Repricing
FairValueAdjustmentofWarrantsRepricing
244611 USD
nuro Fair Value Adjustmentof Warrants Repricing
FairValueAdjustmentofWarrantsRepricing
0 USD
nuro Increase Decreasein Accrued Product Returns
IncreaseDecreaseinAccruedProductReturns
-30529 USD
nuro Increase Decreasein Accrued Product Returns
IncreaseDecreaseinAccruedProductReturns
-852596 USD
CY2018Q3 nuro Restricted Cash Collateral Letters Of Credit
RestrictedCashCollateralLettersOfCredit
226731 USD
nuro Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
0 USD
nuro Stock Issuance Settle Incentive Compensation Obligation
StockIssuanceSettleIncentiveCompensationObligation
294264 USD
CY2017Q4 nuro Technology Fees
TechnologyFees
450000 USD
CY2018Q3 nuro Technology Fees
TechnologyFees
450000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
733305 USD
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1151235 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1049329 USD
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1615842 USD
CY2017Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
160800 USD
CY2018Q3 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
139900 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2362124 USD
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1921406 USD
CY2017Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
603000 USD
CY2018Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
285000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
196355142 USD
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
197072928 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000 USD
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
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
933523 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
885541 shares
CY2017Q4 us-gaap Assets
Assets
9599224 USD
CY2018Q3 us-gaap Assets
Assets
13038326 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
9103374 USD
CY2018Q3 us-gaap Assets Current
AssetsCurrent
12571603 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
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4043681 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7530598 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
20083 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3486917 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2706066 shares
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7365038 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2706066 shares
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7365038 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
271 USD
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
737 USD
CY2017Q3 us-gaap Cost Of Revenue
CostOfRevenue
2040997 USD
us-gaap Cost Of Revenue
CostOfRevenue
7378001 USD
CY2018Q3 us-gaap Cost Of Revenue
CostOfRevenue
1821111 USD
us-gaap Cost Of Revenue
CostOfRevenue
6726675 USD
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
820031 USD
CY2018Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
0 USD
us-gaap Depreciation
Depreciation
198892 USD
us-gaap Depreciation
Depreciation
166262 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-11.62
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-11.62
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
263734 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y0M23D
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-208480 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1258466 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3925595 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1015489 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3990266 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
1505683 USD
us-gaap Gross Profit
GrossProfit
4784860 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
1845669 USD
us-gaap Gross Profit
GrossProfit
5634663 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-22074 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
417930 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-315285 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-786986 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
678326 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-146454 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
4528297 USD
us-gaap Operating Expenses
OperatingExpenses
15105094 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
297558 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
533836 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
454779 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
365547 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-425242 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
6584674 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
6847164 shares
CY2017Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
3881 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
219498 USD
CY2018Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
18686 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
40965 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1637268 USD
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
894815 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
2142561 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
2597340 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
505293 USD
CY2018Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1702525 USD
CY2017Q4 us-gaap Liabilities
Liabilities
4581835 USD
CY2018Q3 us-gaap Liabilities
Liabilities
4178601 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9599224 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13038326 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4581835 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4178601 USD
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2019-01-15
CY2018Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2500000 USD
CY2018Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
2300000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9569800 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9254 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-70226 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-105888 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9479491 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3583551 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-3508983 USD
us-gaap Net Income Loss
NetIncomeLoss
-9979179 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1086058 USD
us-gaap Net Income Loss
NetIncomeLoss
2826238 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
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1086058 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2826238 USD
CY2017Q3 us-gaap Noninterest Income
NoninterestIncome
0 USD
us-gaap Noninterest Income
NoninterestIncome
0 USD
CY2018Q3 us-gaap Noninterest Income
NoninterestIncome
3750000 USD
us-gaap Noninterest Income
NoninterestIncome
12255704 USD
us-gaap Operating Expenses
OperatingExpenses
14983537 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
5018547 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
55008 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
440842 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
86255 USD
us-gaap Proceeds From Collaborators
ProceedsFromCollaborators
12700000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
380468 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
9569800 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
9254 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
127361 USD
CY2018Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
159727 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3512864 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-10198677 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2682628 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-9470431 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
234779 USD
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
308612 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
CY2018Q3 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 Income
OtherIncome
3881 USD
us-gaap Other Income
OtherIncome
219498 USD
CY2018Q3 us-gaap Other Income
OtherIncome
3768686 USD
us-gaap Other Income
OtherIncome
12296669 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70226 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
105888 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2833098 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6874780 USD
CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1867803 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
827823 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
840577 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2621445 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1178468 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4074895 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-191338054 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-188213958 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-188200000 USD
CY2017Q3 us-gaap Revenues
Revenues
3546680 USD
us-gaap Revenues
Revenues
12162861 USD
CY2018Q3 us-gaap Revenues
Revenues
3666780 USD
us-gaap Revenues
Revenues
12361338 USD
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2919504 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8436497 USD
CY2018Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2334340 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7039933 USD
us-gaap Share Based Compensation
ShareBasedCompensation
170093 USD
us-gaap Share Based Compensation
ShareBasedCompensation
414722 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
5017389 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
8859725 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2036117 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1450237 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13949712 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13863953 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2036117 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1450237 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7365038 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7016789 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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;">Reclassifications</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation. </font></div></div>
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
0001628280-18-012594-index-headers.html Edgar Link pending
0001628280-18-012594-index.html Edgar Link pending
0001628280-18-012594.txt Edgar Link pending
0001628280-18-012594-xbrl.zip Edgar Link pending
a10q9302018document.htm Edgar Link pending
a10q9302018ex311.htm Edgar Link pending
a10q9302018ex312.htm Edgar Link pending
a10q9302018ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
nuro-20180930.xml Edgar Link completed
nuro-20180930.xsd Edgar Link pending
nuro-20180930_cal.xml Edgar Link unprocessable
nuro-20180930_def.xml Edgar Link unprocessable
nuro-20180930_lab.xml Edgar Link unprocessable
nuro-20180930_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
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