NOTE 8 - STOCKHOLDERS EQUITY

3 Months Ended

Sep. 30, 2016

Statement of Stockholders' Equity [Abstract]

NOTE 8 - STOCKHOLDERS EQUITY

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2016 and 2015

(Amounts and shares in thousands, except per share amounts)

(UNAUDITED)

NOTE 8 – STOCKHOLDERS EQUITY

Common Stock

During the three months ended September 30, 2016, the Company issued .3 shares of common stock to employees and consultants as compensation valued at $7 under a stock bonus plan.

During the three months ended September 30, 2016, the Company issued 107 shares of common stock for costs and expenses of $2,239.