NOTE 8 - STOCKHOLDERS EQUITY

6 Months Ended

Dec. 31, 2016

Statement of Stockholders' Equity [Abstract]

NOTE 8 - STOCKHOLDERS EQUITY

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2016 and 2015

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

(UNAUDITED)

NOTE 8 – STOCKHOLDERS EQUITY

Common Stock

During the six months ended December 31, 2016, the Company issued 1 shares of common stock to employees and consultants as compensation valued at $27 under a stock bonus plan.

During the six months ended December 31, 2016, the Company issued 107 shares of common stock for costs and expenses of $2,239.

During the six months ended December 31, 2016, an option for .2 shares of common stock pursuant to a incentive stock option plan were exercised for $2.