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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Jun. 30, 2019
Current Assets:    
Cash and cash equivalents $ 36,802,342 $ 13,882,013
Short term investments 31,884 15,094,816
Accounts receivable - net 4,312,999 3,736,662
Account receivable - related parties 5,988
Medical receivables -net 16,171,782 15,728,935
Management and other fees receivable - net 27,437,768 25,709,489
Management and other fees receivable - related party medical practices - net 6,896,482 6,500,614
Costs and estimated earnings in excess of billings on uncompleted contracts 152,833 525,110
Inventories 1,648,770 1,798,166
Income taxes receivable 671,185 600,000
Prepaid expenses and other current assets 1,757,499 1,512,917
Total Current Assets 95,889,532 85,088,722
Income taxes receivable 600,000
Accounts receivable - long term 2,730,071
Deferred income tax asset 18,809,757 20,937,747
Property and equipment - net 21,364,034 16,985,617
Right-of-use asset - net 31,392,458
Right-of-use-asset - financing lease 1,325,870
Goodwill 3,985,397 3,985,397
Other intangible assets - net 4,109,129 4,755,675
Other Assets 653,132 1,207,052
Total Assets 180,259,380 133,560,210
Current Liabilities:    
Current portion of long-term debt and capital leases 108,379 40,530
Accounts payable 1,965,259 1,861,227
Other current liabilities 8,185,098 7,577,416
Operating lease liability - current portion 3,370,149
Financing lease liability - current portion 74,699
Unearned revenue on service contracts 4,105,265 3,812,115
Customer deposits 854,579 798,651
Total Current Liabilities 18,663,428 14,089,939
Long-Term Liabilities:    
Unearned revenue on service contracts 2,655,605
Deferred Income Tax Liability 234,106 243,267
Due to related party medical practices 92,663 92,663
Operating lease liability - net of current portion 30,104,464
Financing lease liability - net of current portion 1,251,171
Long-term debt and capital leases, less current portion 865,416 273,112
Other Liabilities 150,311 749,126
Total Long-Term Liabilities 35,353,736 1,358,168
Total Liabilities 54,017,164 15,448,107
STOCKHOLDERS' EQUITY:    
Paid-in capital in excess of par value 183,076,888 181,086,517
Accumulated deficit (56,215,251) (64,455,456)
Treasury stock, at cost - 11,643 shares of common stock at June 30, 2020 and 2019 (675,390) (675,390)
Total Fonar Corporation Stockholder Equity 126,186,963 115,956,378
Noncontrolling interests 55,253 2,155,725
Total Stockholders' Equity 126,242,216 118,112,103
Total Liabilities and Stockholders' Equity 180,259,380 133,560,210
Class A Non-Voting Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value 31 31
Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value
Class B Members    
STOCKHOLDERS' EQUITY:    
Common Stock Value
Common Shares    
STOCKHOLDERS' EQUITY:    
Common Stock Value 647 638
Class C Common Stock    
STOCKHOLDERS' EQUITY:    
Common Stock Value $ 38 $ 38