XML 40 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8

Nature of Operations and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Potentially Dilutive Common Shares

For the three and nine months ended June 30, 2014 and 2013, the following potentially dilutive common shares were excluded from the calculation of net loss per share, as they would have been antidilutive:

		Three and nine months ended June 30,
		2014				2013
Stock options			2,616,121				2,670,743
Restricted stock units			1,212,292				671,254
Warrants			6,667				6,667
Total potentially dilutive common shares outstanding			3,835,080				3,348,664

Calculation of Basic and Diluted Net Loss Per Share

The calculation of basic and diluted net loss per share is as follows:

		Three Months Ended June 30,								Nine Months Ended June 30,
		2014				2013				2014				2013
Net loss		$	(1,632,601	)		$	(2,052,059	)		$	(5,293,919	)		$	(5,804,976	)
Weighted-average common shares outstanding – basic			30,481,168				27,109,787				30,451,058				26,534,357
Effect of dilutive common share equivalents			—				—				—				—
Weighted-average common shares and share equivalents outstanding – diluted			30,481,168				27,109,787				30,451,058				26,534,357
Net loss per share – basic		$	(0.05	)		$	(0.08	)		$	(0.17	)		$	(0.22	)
Net loss per share – diluted		$	(0.05	)		$	(0.08	)		$	(0.17	)		$	(0.22	)

Summary of Accounts Receivable

Accounts receivable, net, is as follows:

		June 30, 2014				September 30, 2013
Accounts receivable		$	2,528,405			$	1,506,627
Less: Allowance for doubtful accounts			(8,800	)			(12,000	)
Accounts receivable, net		$	2,519,605			$	1,494,627

Components of Comprehensive Loss

The following table summarizes the components of comprehensive loss:

		Three months ended June 30,								Nine months ended June 30,
		2014				2013				2014				2013
Net loss		$	(1,632,601	)		$	(2,052,059	)		$	(5,293,919	)		$	(5,804,976	)
Other comprehensive loss:
Change in unrealized (losses) gain on marketable securities			(4,948	)			(5,481	)			897				(2,945	)
Total comprehensive loss		$	(1,637,549	)		$	(2,057,540	)		$	(5,293,022	)		$	(5,807,921	)

X

- Definition

Potentially dilutive common shares.

+ References

No definition available.

+ Details

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

X

- Details

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

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3,4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



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

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

+ Details

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

X

- Definition

Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e526-108580

+ Details

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

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

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