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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
REVENUES        
Patient fee revenue, net of contractual allowances and discounts $ 5,238 $ 5,996 $ 10,330 $ 12,041
Product sales - net 3 3 31 195
Service and repair fees - net 1,862 2,038 3,788 4,102
Service and repair fees - related parties - net 28 28 55 55
Management and other fees - net 11,340 10,996 22,554 22,024
Management and other fees - related medical practices - net 2,693 2,390 5,386 4,780
Total Revenues - net 21,164 21,451 42,144 43,197
COSTS AND EXPENSES        
Costs related to patient fee revenue 2,649 2,958 5,169 5,820
Costs related to product sales 192 120 325 450
Costs related to service and repair fees 608 772 1,234 1,522
Costs related to service and repair fees - related parties 9 10 18 20
Costs related to management and other fees 6,237 6,203 11,788 12,208
Costs related to management and other fees - related medical practices 1,522 1,621 2,950 3,157
Research and development 424 583 824 1,055
Selling, general and administrative 4,541 4,163 10,704 8,458
Total Costs and Expenses 16,182 16,430 33,012 32,690
INCOME        
Income From Operations 4,982 5,021 9,132 10,507
Other Expenses     (140)
Interest Expense (16) (19) (38) (40)
Investment Income 75 139 187 287
Income Before Provision for Income Taxes and Noncontrolling Interests 5,041 5,141 9,141 10,754
Provision for Income Taxes (1,113) (932) (1,962) (2,039)
Net Income 3,928 4,209 7,179 8,715
Net Income - Noncontrolling Interests (817) (1,105) (1,560) (2,313)
Net Income - Attributable to FONAR $ 3,111 $ 3,104 $ 5,619 $ 6,402
Basic Net Income Per Share $ 0.48 $ 0.48 $ 0.87 $ 0.99
Weighted Average Basic Shares Outstanding 6,465 6,447 6,456 6,440
Common Stock        
INCOME        
Net Income - Attributable to FONAR $ 2,923 $ 2,914 $ 5,281 $ 6,010
Basic Net Income Per Share $ 0.45 $ 0.45 $ 0.82 $ 0.93
Diluted Net Income Per Share $ 0.44 $ 0.44 $ 0.80 $ 0.92
Weighted Average Basic Shares Outstanding 6,465 6,447 6,456 6,440
Weighted Average Diluted Shares Outstanding 6,593 6,575 6,584 6,568
Class A Non-Voting Preferred Stock        
INCOME        
Net Income - Attributable to FONAR $ 140 $ 142 $ 252 $ 292
Class C Common Stock        
INCOME        
Net Income - Attributable to FONAR $ 48 $ 48 $ 86 $ 100
Basic Net Income Per Share $ 0.12 $ 0.13 $ 0.23 $ 0.26
Diluted Net Income Per Share 0.12 0.13 0.23 0.26
Basic and Diluted Income Per Share $ 0.12 $ 0.13 $ 0.23 $ 0.26
Weighted Average Basic Shares Outstanding 383 383 383 383
Weighted Average Diluted Shares Outstanding 383 383 383 383