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Balance Sheets - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Current Assets:    
Cash and cash equivalents $ 9,448,798 $ 9,951,736
Accounts receivable - net of allowances for doubtful accounts of $362,362 and $257,362 at June 30, 2015 and 2014, respectively 3,790,981 4,450,125
Medical receivable - net of allowances for doubtful accounts of $15,459,156 and $14,032,067 at June 30, 2014 and 2013, respectively, respectively 9,082,319 8,807,856
Management and other fees receivable - net of allowances for doubtful accounts of $13,271,651 and $10,901,619 at June 30, 2015 and 2014, respectively 14,057,962 11,970,388
Management and other fees receivable - related medical practices - net of allowances for doubtful accounts of $403,047 at June 30, 2015 and 2014 3,507,204 3,426,982
Costs and estimated earnings in excess of billings on uncompleted contracts 681,660 759,809
Inventories 2,191,849 2,443,536
Prepaid expenses and other current assets 860,040 1,011,358
Total Current Assets 43,620,813 42,821,790
Deferred income tax asset 8,423,306 5,740,287
Property and equipment - net 12,901,195 15,029,729
Goodwill 1,767,098 1,767,098
Other intangible assets - net 8,950,160 10,508,843
Other Assets 829,505 922,096
Total Assets 76,492,077 76,789,843
Current Liabilities:    
Current portion of long-term debt and capital leases 2,490,146 2,890,816
Accounts payable 1,782,442 2,481,997
Other current liabilities 8,252,633 8,750,286
Unearned revenue on service contracts 4,187,401 4,730,962
Customer deposits 1,937,813 1,926,813
Billings in excess of costs and estimated earnings on uncompleted contracts 142,217 142,217
Total Current Liabilities 18,792,652 20,923,091
Long-Term Liabilities:    
Deferred Income Tax Liability 510,492 583,990
Due to related medical practices 236,920 234,581
Long-Term Debt and Capital Leases, Less Current Portion 5,699,302 8,481,830
Other Liabilities 469,198 659,759
Total Long-Term Liabilities 6,915,912 9,960,160
Total Liabilities 25,708,564 30,883,251
Stockholders' Equity:    
Paid-in capital in excess of par value 175,447,586 175,284,437
Accumulated deficit (136,348,635) (149,259,286)
Notes receivable from employee stockholders 31,495 38,828
Treasury stock, at cost - 11,643 shares of common stock at June 30, 2015 and 2014 (675,390) (675,390)
Total Fonar Corporation Stockholder Equity 38,392,742 25,311,608
Noncontrolling interests 12,390,771 20,594,984
Total Stockholders' Equity 50,783,513 45,906,592
Total Liabilities and Stockholders' Equity 76,492,077 76,789,843
Class A Non-Voting Preferred    
Stockholders' Equity:    
Preferred Stock Value $ 31 $ 31
Class A Non-Voting Preferred Stock    
Stockholders' Equity:    
Preferred Stock Value
Common Stock    
Stockholders' Equity:    
Common Stock Value $ 607 $ 606
Class B Members    
Stockholders' Equity:    
Common Stock Value
Class C Common Stock    
Stockholders' Equity:    
Common Stock Value $ 38 $ 38