NOTE 14 - OTHER INCOME (EXPENSE)

12 Months Ended

Jun. 30, 2016

Other Income and Expenses [Abstract]

NOTE 14 - OTHER (EXPENSE) INCOME

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2016, 2015 and 2014

NOTE 14 - OTHER INCOME (EXPENSE)

Other income (expense) consists of:

	For the Years Ended June 30,
	2016		2015		2014
Loss on disposition of equipment	$	—	$	—	$	(657,350	)
Litigation settlement		—		—		13,586
Gain on extinguishment of debt		—		394,797		—
Gain on sale of equipment		—		—		40,000
Other income (expense)		190,560		13		(4,835	)
	$	190,560	$	394,810	$	(608,599	)