XML 40 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6

Stockholders' Equity (Tables)

6 Months Ended

Mar. 31, 2013

Stockholders' Equity [Abstract]

Stock-based compensation expense related to stock options and restricted stock unit awards

		Three Months Ended March 31,								Six Months Ended March 31,
		2013				2012				2013				2012
Sales and marketing		$	98,651			$	111,178			$	175,303			$	180,741
Research and development			162,481				176,607				286,060				283,826
General and administrative			442,467				363,402				898,770				688,317
Stock-based compensation expense included in operating expenses		$	703,599			$	651,187			$	1,360,133			$	1,152,884

Fair value calculations for stock-based compensation awards to employees

		Six Months Ended March 31, 2013		Six Months Ended March 31, 2012
Risk-free interest rate		0.18 – 0.81%		0.35 – 1.06%
Expected life (years)		4.98		4.69
Expected volatility		167%		90%
Expected dividends		None		None

Stock option activity under the Company's equity plans

		Number of Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (in Years)
Outstanding, September 30, 2012			3,512,286			$	3.39				6.46
Granted			441,563			$	2.68
Exercised			(1,091,613	)		$	0.90
Cancelled			(189,478	)		$	7.03
Outstanding, March 31, 2013			2,672,758			$	4.03				7.62

Significant ranges of outstanding and exercisable options

Range of Exercise Prices		Number of Options Outstanding				Weighted Average Remaining Contractual Life (in Years)				Weighted Average Exercise Price				Number of Exercisable Options				Weighted Average Exercise Price of Exercisable Options				Number of Unvested Options
$0.09 – $ 0.79			413,491				6.77			$	0.74				413,491			$	0.74				—
$0.80 – $ 1.95			365,014				2.98			$	0.94				362,651			$	0.94				2,363
$2.34 – $ 2.60			805,752				8.34			$	2.51				236,430			$	2.60				569,322
$3.33 – $ 9.97			760,751				8.99			$	5.86				127,827			$	9.07				632,924
$11.05 – $ 11.68			327,750				8.88			$	11.08				102,845			$	11.08				224,905
			2,672,758				7.62			$	4.03				1,243,244			$	2.86				1,429,514

Number of stock options outstanding under prior plans

2000 Stock Option Plan			216,392
2002 Stock Option Plan			230,419
2006 Stock Option Plan			49,000
2010 Stock Option Plan			1,136,134
Total stock options outstanding under the Prior Plans			1,631,945

Restricted stock units activity under Company's plan

		Number of Shares				Weighted Average Fair Market Value Per Share
Outstanding, September 30, 2012			515,834			$	6.30
Granted			215,000			$	2.69
Settled			(25,829	)		$	11.05
Cancelled			(25,001	)		$	11.05
Outstanding, March 31, 2013			680,004			$	4.81

X

- Definition

Stock options outstanding under Plans.

+ References

No definition available.

+ Details

Name:	mitk_StockOptionsOutstandingUnderPlansTableTextBlock
Namespace Prefix:	mitk_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph g(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

-Section F



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 14.F)

-URI http://asc.fasb.org/extlink&oid=6793087&loc=d3e301413-122809

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number of fully vested share options (or share units) and share options expected to vest at the date of the latest statement of financial position, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both options (or share units) currently outstanding and options (or share units) exercisable (or convertible).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAndExercisableTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration