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SEGMENT AND RELATED INFORMATION
3 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT AND RELATED INFORMATION

NOTE 9 - SEGMENT AND RELATED INFORMATION

 

The Company operates in two reportable segments - manufacturing and the service of medical equipment and management of diagnostic imaging centers. The accounting policies of the segments are the same as those described in the summary of significant accounting policies as disclosed in the Company’s 10-K as of June 30, 2025. All inter segment sales are market-based. The Company evaluates performance based on income or loss from operations.

 

Summarized financial information concerning the Company’s reportable segments is shown in the following table:

  

               
   Manufacturing and Servicing of Medical  Management of Diagnostic Imaging   
Three months ended September 30, 2025  Equipment  Centers  Totals
Net revenues from external customers  $2,543   $23,500   $26,043 
Cost of Sales               
Salaries and wages   949    4,868    5,817 
Rent expense       1,253    1,253 
Other Cost of sales expenses**   442    8,084    8,526 
Total Cost of sales  $1,391   $14,205   $15,596 
Research and development               
Salaries and wages   219        219 
Other research and development costs**   221        221 
Total Research and development costs  $440   $   $440 
Selling, general and administrative expenses               
Salaries and wages   476    2,685    3,161 
Rent expense   313    18    331 
Other selling, general and administrative expenses**   1,127    2,194    3,321 
Total Selling, general and administrative expenses  $1,916   $4,897   $6,813 
Total costs and expenses  $3,747   $19,102   $22,849 
(Loss) Income from operations  $(1,204)  $4,398   $3,194 
Investment income   21    453    474 
Other income   16    (2)   14 
(Loss) Income before provision for income taxes  $(1,167)  $4,849   $3,682 
Provision for income taxes   (931)   (81)   (1,012)
Net (Loss) income  $(2,098)  $4,768   $2,670 
Intersegment net revenues *   306        306 
Depreciation and amortization   44    1,146    1,190 
Total identifiable assets  $33,062   $185,215   $218,277 

 

                
   Manufacturing and Servicing of Medical  Management of Diagnostic Imaging   
Three months ended September 30, 2024  Equipment  Centers  Totals
Net revenues from external customers  $2,157   $22,803   $24,960 
Cost of Sales               
Salaries and wages   900    4,680    5,580 
Rent expense       1,166    1,166 
Other Cost of sales expenses**   479    7,692    8,171 
Total Cost of sales  $1,379   $13,538   $14,917 
Research and development               
Salaries and wages   185        185 
Other research and development costs**   122        122 
Total Research and development costs  $307   $   $307 
Selling, general and administrative expenses               
Salaries and wages   501    2,668    3,169 
Rent expense   313    24    337 
Other selling, general and administrative expenses**   700    924    1,624 
Total Selling, general and administrative expenses  $1,514   $3,616   $5,130 
Total costs and expenses  $3,200   $17,154   $20,354 
(Loss) Income from operations  $(1,043)  $5,649   $4,606 
Investment income   30    609    639 
Other income (expense)   13    (9)   4 
(Loss) Income before provision for income taxes  $(1,000)  $6,249   $5,249 
Provision for income taxes   (1,132)   (117)   (1,249)
Net (Loss) income  $(2,132)  $6,132   $4,000 
Intersegment net revenues *   289        289 
Depreciation and amortization   51    1,012    1,063 
Total identifiable assets  $37,593   $174,697   $212,290 
                

 

 * Amounts eliminated in consolidation
** Other segment costs include supplies, professional fees, marketing expenses, repairs and maintenance and other operational costs.