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Balance Sheets - USD ($)
Jun. 30, 2018
Jun. 30, 2017
Current Assets:    
Cash and cash equivalents $ 19,633,742 $ 10,139,621
Accounts receivable - net 3,813,576 4,321,760
Medical receivables -net 13,350,772 11,744,704
Management and other fees receivable -net 21,863,431 18,593,894
Management and other fees receivable - related medical practices -net 5,535,096 4,959,598
Costs and estimated earnings in excess of billings on uncompleted contracts 86,638 736,061
Inventories 1,431,380 1,624,262
Prepaid expenses and other current assets 1,349,907 1,293,806
Total Current Assets 67,064,542 53,413,706
Income taxes receivable 1,200,000
Deferred income tax asset 22,689,011 17,861,777
Property and equipment - net 16,492,278 16,462,504
Goodwill 3,985,397 3,927,123
Other intangible assets - net 5,601,656 6,644,504
Other Assets 1,278,061 452,952
Total Assets 118,310,945 98,762,566
Current Liabilities:    
Current portion of long-term debt and capital leases 38,332 180,090
Accounts payable 1,300,250 1,423,217
Other current liabilities 8,177,995 7,203,278
Unearned revenue on service contracts 4,191,930 4,641,534
Customer deposits 858,195 787,884
Total Current Liabilities 14,566,702 14,236,003
Long-Term Liabilities:    
Deferred Income Tax Liability 239,011 331,527
Due to related party medical practices 227,543 227,543
Long-term debt and capital leases, less current portion 306,035 336,761
Other Liabilities 737,183 720,779
Total Long-Term Liabilities 1,509,772 1,616,610
Total Liabilities 16,076,474 15,852,613
STOCKHOLDERS' EQUITY:    
Paid-in capital in excess of par value 179,131,780 179,131,780
Accumulated deficit (79,772,587) (101,003,389)
Notes receivable from employee stockholders (9,213) (16,546)
Treasury stock, at cost - 11,643 shares of common stock at June 30, 2018 and 2017 (675,390) (675,390)
Total Fonar Corporation Stockholder Equity 98,675,289 77,437,154
Noncontrolling interests 3,559,182 5,472,799
Total Stockholders' Equity 102,234,471 82,909,953
Total Liabilities and Stockholders' Equity 118,310,945 98,762,566
Class A Non-Voting Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value 31 31
Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value 0 0
Class B Members    
STOCKHOLDERS' EQUITY:    
Common Stock Value 0 0
Common Shares    
STOCKHOLDERS' EQUITY:    
Common Stock Value 630 630
Class C Common Stock    
STOCKHOLDERS' EQUITY:    
Common Stock Value $ 38 $ 38