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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Jun. 30, 2024
Current Assets:    
Cash and cash equivalents $ 54,257 $ 56,341
Short-term investments 123 136
Accounts receivable – net of allowance for credit losses of $273 and $166 at March 31, 2025 and June 30, 2024, respectively 4,596 4,035
Accounts receivable – related party 30
Medical receivable 24,290 23,992
Management and other fees receivable – net of allowance for credit losses of $13,864 and $12,370 at March 31, 2025 and June 30, 2024, respectively 42,812 41,954
Management and other fees receivable – related medical practices – net of allowance for credit losses of $7,117 and $6,110 at March 31, 2025 and June 30, 2024, respectively 9,907 9,865
Inventories - net 2,707 2,715
Prepaid expenses and other current assets 2,379 1,286
Total Current Assets 141,101 140,324
Accounts receivable – long term 3,572 830
Deferred income tax asset 6,346 7,223
Property and equipment – net 18,866 18,709
Note receivable – related party 620 581
Right-of-use-asset – operating leases 36,011 38,428
Right-of-use-asset – financing lease 433 531
Goodwill 4,269 4,269
Other intangible assets – net 3,230 2,870
Other assets 475 481
Total Assets 214,923 214,246
Current Liabilities:    
Current portion of long-term debt 47
Accounts payable 1,225 1,856
Other current liabilities 4,241 7,941
Unearned revenue on service contracts 4,430 3,870
Unearned revenue on service contracts – related party 28
Operating lease liabilities – current portion 3,318 3,474
Financing lease liability – current portion 244 226
Customer deposits 555 443
Total Current Liabilities 14,041 17,857
Long-Term Liabilities:    
Unearned revenue on service contracts 3,738 1,175
Deferred income tax liability 371 371
Due to related party medical practices 93 93
Operating lease liabilities – net of current portion 36,005 37,468
Financing lease liability – net of current portion 224 395
Long-term debt, less current portion 67
Other liabilities 192 32
Total Long-Term Liabilities 40,623 39,601
Total Liabilities 54,664 57,458
EQUITY:    
Paid-in capital in excess of par value 178,758 180,608
Accumulated deficit (6,019) (13,624)
Treasury stock, at cost – 35 shares of common stock at March 31, 2025 and 45 shares of common stock at June 30, 2024 (860) (1,017)
Total FONAR Corporation’s Stockholders’ Equity 171,880 165,968
Noncontrolling interests (11,621) (9,180)
Total Equity 160,259 156,788
Total Liabilities and Equity 214,923 214,246
Class A Non Voting Preferred Stock [Member]    
EQUITY:    
Preferred stock value 0 0
Preferred Stock [Member]    
EQUITY:    
Preferred stock value 0 0
Common Stock [Member]    
EQUITY:    
Common stock value 1 1
Common Class B [Member]    
EQUITY:    
Common stock value 0 0
Common Class C [Member]    
EQUITY:    
Common stock value $ 0 $ 0