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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current Assets:    
Cash and cash equivalents $ 13,794 $ 13,882
Short term investments 15,213 15,095
Accounts receivable - net 3,765 3,737
Account Receivable - Related parties 90  
Medical receivables -net 15,866 15,729
Management and other fees receivable -net 26,666 25,709
Management and other fees receivable - related medical practices -net 6,715 6,501
Inventories 1,791 1,798
Costs and estimated earnings in excess of billings on uncompleted contracts 307 525
Income taxes receivable - current 600 600
Prepaid expenses and other current assets 2,230 1,513
Total Current Assets 87,037 85,089
Income taxes receivable 600 600
Deferred income tax asset 19,934 20,937
Property and equipment - net 18,643 16,986
Right-of-use asset - net 30,876  
Goodwill 3,985 3,985
Other intangible assets - net 4,553 4,756
Other Assets 1,252 1,207
Total Assets 166,880 133,560
Current Liabilities:    
Current portion of long-term debt and capital leases 41 41
Accounts payable 1,516 1,861
Other current liabilities 4,675 7,577
Unearned revenue on service contracts 3,742 3,812
Unearned revenue on service contracts - related parties 83  
Lease liability 3,123  
Customer deposits 736 799
Total Current Liabilities 13,916 14,090
Long-Term Liabilities:    
Deferred Income Tax Liability 243 243
Due to related party medical practices 93 93
Long-term debt and capital leases, less current portion 266 273
Lease liability- net of current portion 29,487  
Other Liabilities 21 749
Total Long-Term Liabilities 30,110 1,358
Total Liabilities 44,026 15,448
STOCKHOLDERS' EQUITY:    
Paid-in capital in excess of par value 183,077 181,086
Accumulated deficit (61,157) (64,456)
Treasury stock, at cost (675) (675)
Total Fonar Corporation Stockholder Equity 121,246 115,956
Noncontrolling interests 1,608 2,156
Total Stockholders' Equity 122,854 118,112
Total Liabilities and Stockholders' Equity 166,880 133,560
Common Shares    
STOCKHOLDERS' EQUITY:    
Common Stock Value $ 1 $ 1