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SUBSEQUENT EVENTS | 6 Months Ended
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Jun. 30, 2025
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Kolb Radiology P.C., On July 1, 2025, we acquired Kolb Radiology P.C., for purchase consideration of approximately $22.0 million. Kolb Radiology P.C., consists of five imaging centers located in New York. The purchase price is subject to increase by any earnout consideration, up to an additional $8.0 million. iCAD, Inc On July 17, 2025, we acquired iCAD, Inc ("iCAD"), a provider of AI-powered breast health solutions. As a result of the merger, iCAD became a wholly-owned subsidiary of RadNet. Each outstanding share of iCAD common stock was converted into 0.0677 shares of our common stock. In connection with the transaction, we issued approximately 1.8 million shares of our common stock. In addition, we assumed certain outstanding iCAD stock options under its 2012 and 2016 Stock Incentive Plans. These options were converted into options to purchase RadNet common stock, with terms adjusted in accordance with the exchange ratio. No new awards will be granted under the iCAD plans, but they will remain in effect solely to govern the assumed awards.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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