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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
REVENUES        
Patient fee revenue – net of contractual allowances and discounts $ 8,853 $ 8,614 $ 24,284 $ 25,511
Product sales 55 110 200 329
Service and repair fees 2,295 1,818 6,047 5,460
Service and repair fees – related parties 45 39 135 94
Management and other fees 12,929 12,149 37,447 36,585
Management and other fees – related medical practices 2,988 2,988 8,962 8,962
Total Revenues – Net 27,165 25,718 77,075 76,941
COSTS AND EXPENSES        
Costs related to patient fee revenue 4,901 4,437 14,170 13,466
Costs related to product sales 319 153 761 558
Costs related to service and repair fees 1,182 900 3,211 2,533
Costs related to service and repair fees – related parties 58 82 154 106
Costs related to management and other fees 6,897 6,864 22,008 21,095
Costs related to management and other fees – related medical practices 1,714 1,529 4,888 4,638
Research and development 441 414 1,124 1,297
Selling, general and administrative expenses 7,991 7,593 20,055 18,046
Total Costs and Expenses 23,503 21,972 66,371 61,739
INCOME FROM OPERATIONS 3,662 3,746 10,704 15,202
Other income and (expenses)        
Interest Expense (7) (9) (21) (67)
Investment income – related party 13 13 39 13
Investment income 463 536 1,626 1,576
Other income – related party 577
Other income (1) 45 (1) 46
Income Before Provision for Income Taxes and Noncontrolling Interests 4,130 4,331 12,347 17,347
Provision for income taxes (1,006) (1,848) (3,018) (4,884)
Consolidated Net Income 3,124 2,483 9,329 12,463
Net Income – Noncontrolling Interests (618) (611) (1,724) (2,726)
Net Income – Attributable to FONAR $ 2,506 $ 1,872 $ 7,605 $ 9,737
Weighted Average Number of Shares Outstanding, Basic 6,865 7,031 6,941 7,106
Common Stockholders [Member]        
Other income and (expenses)        
Net Income Available to Common Stockholders $ 2,347 $ 1,755 $ 7,122 $ 9,130
Earnings Per Share, Basic $ 0.38 $ 0.28 $ 1.14 $ 1.42
Earnings Per Share, Diluted $ 0.37 $ 0.27 $ 1.12 $ 1.40
Weighted Average Number of Shares Outstanding, Basic 6,168 6,335 6,244 6,410
Weighted Average Number of Shares Outstanding, Diluted 6,296 6,463 6,372 6,538
Class A Non Voting Preferred Stockholders [Member]        
Other income and (expenses)        
Net Income Available to Common Stockholders $ 119 $ 87 $ 360 $ 452
Common Class C [Member]        
Other income and (expenses)        
Net Income Available to Common Stockholders $ 40 $ 30 $ 123 $ 155
Earnings Per Share, Basic $ 0.11 $ 0.08 $ 0.32 $ 0.40
Earnings Per Share, Diluted $ 0.11 $ 0.08 $ 0.32 $ 0.40
Weighted Average Number of Shares Outstanding, Basic 383 383 383 383
Weighted Average Number of Shares Outstanding, Diluted 383 383 383 383