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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Jun. 30, 2017
Current Assets:    
Cash and cash equivalents $ 15,414 $ 10,140
Accounts receivable - net 3,585 4,322
Accounts receivable - Related party 30
Medical receivables -net 12,898 11,745
Management and other fees receivable -net 20,282 18,594
Management and other fees receivable - related medical practices -net 5,709 4,959
Inventories 1,637 1,624
Costs and estimated earnings in excess of billings on uncompleted contracts 87 736
Prepaid expenses and other current assets 1,529 1,294
Total Current Assets 61,171 53,414
Deferred income tax asset 17,287 17,862
Property and equipment - net 17,015 16,462
Goodwill 3,985 3,927
Other intangible assets - net 5,813 6,645
Other assets 1,231 453
Total Assets 106,502 98,763
Current Liabilities:    
Current portion of long-term debt and capital leases 52 180
Accounts payable 1,259 1,423
Other current liabilities 6,369 7,203
Unearned revenue on service contracts 3,768 4,642
Unearned revenue on service contracts - related parties 27  
Customer advances 867 788
Total Current Liabilities 12,342 14,236
Long-Term Liabilities:    
Deferred income tax liability 332 332
Due to related medical practices 227 227
Long-term debt and capital leases, less current portion 315 337
Other liabilities 722 721
Total Long-Term Liabilities 1,596 1,617
Total Liabilities 13,938 15,853
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 179,131 179,131
Accumulated deficit (89,614) (101,003)
Notes receivable from employee stockholders (11) (17)
Treasury stock, at cost - 12 shares of common stock at March 31, 2018 and June 30, 2017 (675) (675)
Total Fonar Corporation Stockholders' Equity 88,832 77,437
Non controlling interests 3,732 5,473
Total Stockholders' Equity 92,564 82,910
Total Liabilities and Stockholders' Equity $ 106,502 $ 98,763