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Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 10,139,621 $ 8,528,309
Accounts receivable - net of allowances for doubtful accounts of $190,244 and $284,279 at June 30, 2017 and 2016, respectively 4,321,760 4,370,155
Medical receivables -net of allowances for doubtful accounts of $19,853,318 and $17,451,782 at June 30, 2017 and 2016, respectively 11,744,704 10,126,397
Management and other fees receivable - net of allowances for doubtful accounts of $12,859,750 and $13,553,005 at June 30, 2017 and 2016, respectively 18,593,894 15,637,831
Management and other fees receivable - related party medical practices - net of allowances for doubtful accounts of $582,001 and $392,505 at June 30, 2017 and 2016, respectively 4,959,598 4,063,539
Costs and estimated earnings in excess of billings on uncompleted contracts 736,061  
Inventories 1,624,262 2,074,300
Prepaid expenses and other current assets 1,293,806 759,042
Total Current Assets 53,413,706 45,559,573
Deferred income tax asset 17,861,777 13,042,360
Property and equipment - net 16,462,504 14,512,706
Goodwill 3,927,123 3,322,158
Other intangible assets - net 6,644,504 7,719,358
Other Assets 452,952 731,451
Total Assets 98,762,566 84,887,606
Current Liabilities:    
Current portion of long-term debt and capital leases 180,090 2,447,693
Accounts payable 1,423,217 1,254,485
Other current liabilities 7,203,278 10,826,793
Unearned revenue on service contracts 4,641,534 4,678,914
Customer deposits 787,884 1,198,739
Billings in excess of costs and estimated earnings on uncompleted contracts   206,623
Total Current Liabilities 14,236,003 20,613,247
Long-Term Liabilities:    
Deferred Income Tax Liability 331,527 481,779
Due to related medical practices 227,543 245,041
Long-Term Debt and Capital Leases, Less Current Portion 336,761 2,059,236
Other Liabilities 720,779 711,996
Total Long-Term Liabilities 1,616,610 3,498,052
Total Liabilities 15,852,613 24,111,299
Stockholders' Equity:    
Paid-in capital in excess of par value 179,131,780 173,702,335
Accumulated deficit (101,003,389) (120,624,010)
Notes receivable from employee stockholders (16,546) (23,879)
Treasury stock, at cost - 11,643 shares of common stock at June 30, 2017 and 2016 (675,390) (675,390)
Total Fonar Corporation Stockholder Equity 77,437,154 52,379,732
Noncontrolling interests 5,472,799 8,396,575
Total Stockholders' Equity 82,909,953 60,776,307
Total Liabilities and Stockholders' Equity 98,762,566 84,887,606
Class A Non-Voting Preferred Stock    
Stockholders' Equity:    
Preferred Stock Value 31 31
Common Shares    
Stockholders' Equity:    
Common Stock Value 630 607
Class C Common Stock    
Stockholders' Equity:    
Common Stock Value $ 38 $ 38