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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 12,954 $ 9,449
Accounts receivable - net 4,557 $ 3,791
Accounts receivable - Related party 60
Medical receivables -net 9,567 $ 9,082
Management and other fees receivable -net 14,656 14,058
Management and other fees receivable - related medical practices -net 3,644 3,507
Costs and estimated earnings in excess of billings on uncompleted contracts 279 682
Inventories 2,259 2,192
Prepaid expenses and other current assets 767 860
Total Current Assets 48,743 43,621
Deferred income tax asset 8,423 8,423
Property and equipment - net 12,277 12,901
Goodwill 1,767 1,767
Other intangible assets - net 8,348 8,950
Other assets 864 830
Total Assets 80,422 76,492
Current Liabilities:    
Current portion of long-term debt and capital leases 2,467 2,490
Accounts payable 1,291 1,783
Other current liabilities 8,733 8,253
Unearned revenue on service contracts 4,700 4,187
Unearned revenue on service contracts - related parties 55  
Customer advances 1,501 1,938
Billings in excess of costs and estimated earnings on uncompleted contracts 255 142
Total Current Liabilities 19,002 18,793
Long-Term Liabilities:    
Deferred income tax liability 510 510
Due to related medical practices 247 237
Long-term debt and capital leases, less current portion 4,475 5,699
Other liabilities 544 469
Total Long-Term Liabilities 5,776 6,915
Total Liabilities 24,778 25,708
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 175,448 175,448
Accumulated deficit (129,994) (136,349)
Notes receivable from employee stockholders (28) (32)
Treasury stock, at cost - 12 shares of common stock at December 31, 2015 and June 30, 2015 (675) (675)
Total Fonar Corporation's Stockholders' Equity 44,752 38,393
Non controlling interests 10,892 12,391
Total Stockholders' Equity 55,644 50,784
Total Liabilities and Stockholders' Equity $ 80,422 $ 76,492