NOTE 8 - STOCKHOLDERS EQUITY

9 Months Ended

Mar. 31, 2017

Statement of Stockholders' Equity [Abstract]

NOTE 8 - STOCKHOLDERS EQUITY

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2017 and 2016

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

(UNAUDITED)

NOTE 8 - STOCKHOLDERS EQUITY

Common Stock

During the nine months ended March 31, 2017, the Company issued 1 shares of common stock to employees and consultants as compensation valued at $27 under a stock bonus plan.

During the nine months ended March 31, 2017, the Company issued 107 shares of common stock for costs and expenses of $2,239.

During the nine months ended March 31, 2017, an option for .2 shares of common stock pursuant to a incentive stock option plan were exercised for $2.

During the nine months ended March 31, 2017, the Company issued 42 shares of common stock valued at $791 for an acquisition (see note 9)