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Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 8,528,309 $ 9,448,798
Accounts receivable - net of allowances for doubtful accounts of $284,279 and $362,362 at June 30, 2016 and 2015, respectively 4,370,155 3,790,981
Medical receivables - net of allowances for doubtful accounts of $17,451,782 and $15,459,156 at June 30, 2016 and 2015, respectively 10,126,397 9,082,319
Management and other fees receivable - net of allowances for doubtful accounts of $13,945,507 and $13,271,651 at June 30, 2016 and 2015, respectively 15,637,831 14,057,962
Management and other fees receivable - related party medical practices - net of allowances for doubtful accounts of $392,505 and $403,047 at June 30, 2016 and 2015, respectively 4,063,539 3,507,204
Costs and estimated earnings in excess of billings on uncompleted contracts 681,660
Inventories 2,074,300 2,191,849
Prepaid expenses and other current assets 759,042 860,040
Total Current Assets 45,559,573 43,620,813
Deferred income tax asset 13,042,360 8,423,306
Property and equipment - net 14,512,706 12,901,195
Goodwill 3,322,158 1,767,098
Other intangible assets - net 7,719,358 8,950,160
Other Assets 731,451 829,505
Total Assets 84,887,606 76,492,077
Current Liabilities:    
Current portion of long-term debt and capital leases 2,447,693 2,490,146
Accounts payable 1,254,485 1,782,442
Other current liabilities 10,826,793 8,252,633
Unearned revenue on service contracts 4,678,914 4,187,401
Customer deposits 1,198,739 1,937,813
Billings in excess of costs and estimated earnings on uncompleted contracts 206,623 142,217
Total Current Liabilities 20,613,247 18,792,652
Long-Term Liabilities:    
Deferred Income Tax Liability 481,779 510,492
Due to related medical practices 245,041 236,920
Long-Term Debt and Capital Leases, Less Current Portion 2,059,236 5,699,302
Other Liabilities 711,996 469,198
Total Long-Term Liabilities 3,498,052 6,915,912
Total Liabilities 24,111,299 25,708,564
Stockholders' Equity:    
Paid-in capital in excess of par value 173,702,335 175,447,586
Accumulated deficit (120,624,010) (136,348,635)
Notes receivable from employee stockholders (23,879) (31,495)
Treasury stock, at cost - 11,643 shares of common stock at June 30, 2016 and 2015 (675,390) (675,390)
Total Fonar Corporation Stockholder Equity 52,379,732 38,392,742
Noncontrolling interests 8,396,575 12,390,771
Total Stockholders' Equity 60,776,307 50,783,513
Total Liabilities and Stockholders' Equity 84,887,606 76,492,077
Class A Non-Voting Preferred    
Stockholders' Equity:    
Preferred Stock Value 31 31
Class A Non-Voting Preferred Stock    
Stockholders' Equity:    
Preferred Stock Value
Common Shares    
Stockholders' Equity:    
Common Stock Value 607 607
Class B Common Stock    
Stockholders' Equity:    
Common Stock Value
Class C Common Stock    
Stockholders' Equity:    
Common Stock Value $ 38 $ 38