FAIR VALUE OF FINANCIAL INSTRUMENTS (Details Textual) (USD $)
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12 Months Ended | ||
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Dec. 31, 2014
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Dec. 31, 2013
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Sep. 30, 2013
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Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Line of Credit | $ 1,215,000us-gaap_LineOfCredit | $ 1,015,000us-gaap_LineOfCredit | |
Debt | 1,115,269us-gaap_LongTermDebt | ||
Business Combination, Contingent Consideration, Liability, Current | 2,626,323us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent | 0us-gaap_BusinessCombinationContingentConsiderationLiabilityCurrent | |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | (1,811,362)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 | 0us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 | |
Common Stock [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Stock Issued During Period, Shares, Conversion of Convertible Securities |
117,567us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
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Loan from Santander Bank and Bank Direct Capital Finance [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Debt |
156,894us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromSantanderBankAndBankDirectCapitalFinanceMember |
11,667us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromSantanderBankAndBankDirectCapitalFinanceMember |
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Long-term Debt, Fair Value |
158,435us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromSantanderBankAndBankDirectCapitalFinanceMember |
11,801us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromSantanderBankAndBankDirectCapitalFinanceMember |
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Liability Against Assets Subject to Finance Lease [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Debt |
66,297us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LiabilityAgainstAssetsSubjectToFinanceLease1Member |
13,279us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LiabilityAgainstAssetsSubjectToFinanceLease1Member |
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Long-term Debt, Fair Value |
63,371us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LiabilityAgainstAssetsSubjectToFinanceLease1Member |
12,485us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LiabilityAgainstAssetsSubjectToFinanceLease1Member |
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Loan from UPMS, GNet, MM, Metro Medical and Sonix Medical Technologies, Inc [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Debt |
421,989us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromUpmsGnetMmMetroMedicalAndSonixMedicalTechnologiesIncMember |
1,316,746us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromUpmsGnetMmMetroMedicalAndSonixMedicalTechnologiesIncMember |
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Long-term Debt, Fair Value |
423,168us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromUpmsGnetMmMetroMedicalAndSonixMedicalTechnologiesIncMember |
1,325,022us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_LoanFromUpmsGnetMmMetroMedicalAndSonixMedicalTechnologiesIncMember |
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AAMD LLC, Convertible Promissory Note [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Debt Instrument, Face Amount |
500,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Debt Instrument, Interest Rate, Stated Percentage |
7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Debt Instrument, Maturity Date | Mar. 23, 2016 | ||
Derivative Liability |
38,142us-gaap_DerivativeLiabilities / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Debt |
472,429us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Long-term Debt, Fair Value |
473,042us-gaap_LongTermDebtFairValue / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Stock Issued During Period, Shares, Conversion of Convertible Securities |
117,567us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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Debt Instrument, Convertible, Terms of Conversion Feature | upon the closing of the IPO at a conversion price equal to 90% of the per-share issuance price of the common stock in the IPO | ||
Debt Conversion, Converted Instrument, Shares Issued |
117,567us-gaap_DebtConversionConvertedInstrumentSharesIssued1 / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember |
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AAMD LLC, Convertible Promissory Note [Member] | Common Stock [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Stock Issued During Period, Shares, Conversion of Convertible Securities |
118us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
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AAMD LLC, Convertible Promissory Note [Member] | Additional Paid-in Capital [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Stock Issued During Period, Shares, Conversion of Convertible Securities |
587,717us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_LongtermDebtTypeAxis = mtbc_AamdLlcConvertiblePromissoryNoteMember / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember |
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TD Bank [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Line of Credit |
1,215,000us-gaap_LineOfCredit / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = mtbc_TdBankMember |
1,015,000us-gaap_LineOfCredit / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = mtbc_TdBankMember |
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Chief Executive Officer [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Debt Instrument, Face Amount |
1,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
1,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
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Debt Instrument, Interest Rate, Stated Percentage |
7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
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Debt Instrument, Maturity Date | Jul. 05, 2015 | ||
Notes Payable, Related Parties |
$ 470,089us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
$ 735,680us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = us-gaap_ChiefExecutiveOfficerMember |
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- Definition
Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of liability recognized arising from contingent consideration in a business combination, expected to be settled within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Description of the conversion terms of a debt instrument which may include the conversion ratio (including all potential conversion ratios if contingently adjustable), type of debt or equity security into which the debt is convertible, the dollars of debt or the number of shares into which the instrument is convertible (or potentially convertible into), the conversion period, any contingencies associated with the conversion terms, and the existence and amount of a beneficial conversion feature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
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The amount for notes payable (written promise to pay), due to related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of shares issued during the period as a result of the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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