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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 10,973 $ 9,449
Accounts receivable - net 4,591 $ 3,791
Accounts receivable - Related party 90
Medical receivables -net 9,442 $ 9,082
Management and other fees receivable -net 14,484 14,058
Management and other fees receivable - related medical practices -net 3,600 3,507
Costs and estimated earnings in excess of billings on uncompleted contracts 682 682
Inventories 2,296 2,192
Prepaid expenses and other current assets 775 860
Total Current Assets 46,933 43,621
Deferred income tax asset 8,423 8,423
Property and equipment - net 12,439 12,901
Goodwill 1,767 1,767
Other intangible assets - net 8,647 8,950
Other assets 818 830
Total Assets 79,027 76,492
Current Liabilities:    
Current portion of long-term debt and capital leases 2,478 2,490
Accounts payable 1,595 1,783
Other current liabilities 8,764 8,253
Unearned revenue on service contracts 4,714 $ 4,187
Unearned revenue on service contracts - related parties 83
Customer deposits 1,939 $ 1,938
Billings in excess of costs and estimated earnings on uncompleted contracts 142 142
Total Current Liabilities 19,715 18,793
Long-Term Liabilities:    
Deferred income tax liability 510 510
Due to related medical practices 233 237
Long-term debt and capital leases, less current portion 5,088 5,699
Other liabilities 485 469
Total Long-Term Liabilities 6,316 6,915
Total Liabilities 26,031 25,708
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 175,448 175,448
Accumulated deficit (133,487) (136,349)
Notes receivable from employee stockholders (30) (32)
Treasury stock, at cost - 12 shares of common stock at December 31, 2014 and June 30, 2014 (675) (675)
Total Fonar Corporation's Stockholders' Equity 41,257 38,393
Noncontrolling interests 11,739 12,391
Total Stockholders' Equity 52,996 50,784
Total Liabilities and Stockholders' Equity $ 79,027 $ 76,492