NOTE 8 - STOCKHOLDERS EQUITY

9 Months Ended

Mar. 31, 2014

Equity [Abstract]

NOTE 8 - STOCKHOLDERS EQUITY

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2014 and 2013

(AMOUNTS AND SHARES IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)

(UNAUDITED

NOTE 8 – STOCKHOLDERS EQUITY

Common Stock

During the three months ended March 31, 2014:

a) The Company issued 15 shares of common stock for costs and expenses of $110.

During the nine months ended March 31, 2014:

a) The Company issued 11 shares of common stock to employees and consultants as compensation valued at $86 under a stock bonus plan.

b) The Company issued 35 shares of common stock for costs and expenses of $407.

c) Options for 10 shares of common stock pursuant to the 2005 Incentive Stock Option Plan were exercised for $31.