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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
Current Assets:    
Cash and cash equivalents $ 21,187 $ 19,634
Accounts receivable - net 4,169 3,814
Accounts receivable - Related party 90 0
Medical receivables -net 13,709 13,351
Management and other fees receivable -net 21,973 21,863
Management and other fees receivable - related medical practices -net 6,162 5,535
Inventories 1,649 1,431
Costs and estimated earnings in excess of billings on uncompleted contracts 87 87
Prepaid expenses and other current assets 1,583 1,350
Total Current Assets 70,609 67,065
Income taxes receivable 1,200 1,200
Total Deferred tax assets 21,561 22,689
Property and equipment - net 16,264 16,492
Goodwill 3,985 3,985
Other intangible assets - net 5,378 5,602
Other assets 1,243 1,278
Total Assets 120,240 118,311
Current Liabilities:    
Current portion of long-term debt and capital leases 39 39
Accounts payable 1,510 1,300
Other current liabilities 4,783 8,178
Unearned revenue on service contracts 4,381 4,192
Unearned revenue on service contracts - related parties 83 0
Customer advances 990 858
Total Current Liabilities 11,786 14,567
Long-Term Liabilities:    
Deferred income tax liability 239 239
Due to related medical practices 227 227
Long-term debt and capital leases, less current portion 298 306
Other liabilities 748 737
Total Long-Term Liabilities 1,512 1,509
Total Liabilities 13,298 16,076
STOCKHOLDERS' EQUITY:    
Common Stock 1 1
Paid-in capital in excess of par value 181,086 179,132
Accumulated deficit (76,454) (79,773)
Notes receivable from employee stockholders (9) (9)
Treasury stock, at cost - 12 shares of common stock at September 30, 2018 and June 30, 2018 (675) (675)
Total Fonar Corporation's Stockholders' Equity 103,949 98,676
Noncontrolling interests 2,993 3,559
Total Stockholders' Equity 106,942 102,235
Total Liabilities and Stockholders' Equity $ 120,240 $ 118,311