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NOTE 21 - SUBSEQUENT EVENTS
12 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
NOTE 20 - SUBSEQUENT EVENTS

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2016, 2015 and 2014

 

NOTE 21 – SUBSEQUENT EVENTS

 

The Company evaluates events that have occurred after the balance sheet date, but before the consolidated financial statements are issued.

 

Subsequent to June 30, 2016, the Company issued 106,600 shares of common stock in settlement of liabilities of approximately $2 million in other current liabilities.