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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 7,692 $ 8,528
Accounts receivable - net 4,325 4,370
Accounts receivable - Related party 60
Medical receivables -net 10,824 10,127
Management and other fees receivable -net 17,420 15,638
Management and other fees receivable - related medical practices -net 4,464 4,064
Inventories 2,735 2,074
Prepaid expenses and other current assets 926 759
Total Current Assets 48,446 45,560
Deferred income tax asset 13,842 13,042
Property and equipment - net 14,914 14,513
Goodwill 3,322 3,322
Other intangible assets - net 7,202 7,719
Other assets 560 732
Total Assets 88,286 84,888
Current Liabilities:    
Current portion of long-term debt and capital leases 1,674 2,448
Accounts payable 1,470 1,254
Other current liabilities 8,109 10,827
Unearned revenue on service contracts 4,752 4,679
Unearned revenue on service contracts - related parties 55
Customer advances 1,036 1,199
Billings in excess of costs and estimated earnings on uncompleted contracts 176 207
Total Current Liabilities 17,272 20,614
Long-Term Liabilities:    
Deferred income tax liability 482 482
Due to related medical practices 228 245
Long-term debt and capital leases, less current portion 411 2,059
Other liabilities 883 712
Total Long-Term Liabilities 2,004 3,498
Total Liabilities 19,276 24,112
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 175,970 173,702
Accumulated deficit (112,812) (120,624)
Notes receivable from employee stockholders (20) (24)
Treasury stock, at cost - 12 shares of common stock at December 31, 2016 and June 30, 2016 (675) (675)
Total Fonar Corporation Stockholders' Equity 62,464 52,380
Non controlling interests 6,546 8,396
Total Stockholders' Equity 69,010 60,776
Total Liabilities and Stockholders' Equity $ 88,286 $ 84,888