NOTE 6 - PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

NOTE 6 - PROPERTY AND EQUIPMENT

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2019, 2018 and 2017

NOTE 6 - PROPERTY AND EQUIPMENT

Property and equipment, at cost, less accumulated depreciation and amortization, at June 30, 2019 and 2018, is comprised of:

	As of June 30,
	2019		2018
Diagnostic equipment	$	26,090,218	$	24,296,957
Research, development and demonstration equipment		3,605,906		2,987,531
Machinery and equipment		2,069,055		2,069,055
Furniture and fixtures		3,122,102		3,036,539
Leasehold improvements		8,023,292		7,165,035
Building		939,614		939,614
		43,850,187		40,494,731
Less: Accumulated depreciation and amortization		26,864,570		24,002,453
	$	16,985,617	$	16,492,278

Depreciation and amortization of property and equipment for the years ended June 30, 2019, 2018 and 2017 was $2,862,117, $2,748,174 and $2,303,554, respectively.