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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current Assets:    
Cash and cash equivalents $ 15,393 $ 13,882
Short term investments 15,294 15,095
Accounts receivable - net 4,128 3,737
Account receivable - related parties 60  
Medical receivables -net 16,151 15,729
Management and other fees receivable -net 27,282 25,709
Management and other fees receivable - related medical practices -net 7,013 6,501
Inventories 1,751 1,798
Costs and estimated earnings in excess of billings on uncompleted contracts 153 525
Income taxes receivable 600 600
Prepaid expenses and other current assets 2,176 1,513
Total Current Assets 90,001 85,089
Accounts receivable 2,321  
Income taxes receivable 600 600
Deferred income tax asset 19,122 20,937
Property and equipment - net 20,121 16,986
Right-of-use asset - net 29,994  
Goodwill 3,985 3,985
Other intangible assets - net 4,336 4,756
Other assets 1,197 1,207
Total Assets 171,677 133,560
Current Liabilities:    
Current portion of long-term debt and capital leases 34 41
Accounts payable 1,285 1,861
Other current liabilities 5,519 7,577
Unearned revenue on service contracts 4,005 3,812
Unearned revenue on service contracts - related parties 55  
Lease liability - current portion 3,185  
Customer deposits 827 799
Billings in excess of costs and estimated earnings on uncompleted contracts 12  
Total Current Liabilities 14,922 14,090
Long-Term Liabilities:    
Unearned revenue on service contracts 2,241  
Deferred Income Tax Liability 243 243
Due to related party medical practices 93 93
Long-term debt and capital leases, less current portion 256 273
Lease liability - net of current portion 28,682
Other liabilities 157 749
Total Long-Term Liabilities 31,672 1,358
Total Liabilities 46,594 15,448
STOCKHOLDERS' EQUITY:    
Paid-in capital in excess of par value 183,076 181,086
Accumulated deficit (58,053) (64,456)
Treasury stock, at cost (675) (675)
Total Fonar Corporation Stockholder Equity 124,349 115,956
Noncontrolling interests 734 2,156
Total Stockholders' Equity 125,083 118,112
Total Liabilities and Stockholders' Equity 171,677 133,560
Common Shares    
STOCKHOLDERS' EQUITY:    
Common stock value $ 1 $ 1