-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Txa31CeO/EdOiZjUlYqWtfVHpGv3SxIQ77l/a/5AFFOWkSLXILkSLVg3jOM4T4b8
 pgoa/JfpzVz6ICo96vKjGw==

<SEC-DOCUMENT>0000355019-05-000003.txt : 20050209
<SEC-HEADER>0000355019-05-000003.hdr.sgml : 20050209
<ACCEPTANCE-DATETIME>20050209164033
ACCESSION NUMBER:		0000355019-05-000003
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20041231
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20050209
DATE AS OF CHANGE:		20050209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FONAR CORP
		CENTRAL INDEX KEY:			0000355019
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				112464137
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10248
		FILM NUMBER:		05589186

	BUSINESS ADDRESS:	
		STREET 1:		110 MARCUS DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6316942929

	MAIL ADDRESS:	
		STREET 1:		110 MARCUS DRIVE
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8k-body.txt
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

         Pursuant to Section 13 or 15(d) of the Securities Act of 1934

     Date of Report (Date of earliest event reported): February 9, 2005

                                FONAR CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


    Delaware                      0-10248                     11-2464137
- ---------------             ----------------             -------------------
(State or other             (Commission File              (I.R.S. Employer
jurisdiction of                  Number)                 Identification No.)
incorporation)

                                110 Marcus Drive
                            Melville, New York 11747
                                 (631) 694-2929
              ---------------------------------------------------
               (Address, including zip code, and telephone number
                   of registrant's principal executive office)


     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     [ ]  Written  communications  pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)

     [ ]  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act (17 CFR 240.14d-2(b))

     [ ]  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
          Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

     On February 9, 2005,  concurrently with the filing of our Form 10-Q for the
fiscal  quarter ended  December 31, 2004,  we issued a press release  concerning
the results of operations  and financial  condition of the company.  The text of
the press release is filed as an exhibit to this Form 8-K.

Exhibits

     99. Press Release dated February 9, 2005


                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                FONAR CORPORATION
                                                (Registrant)

                                                By: /s/ Raymond Damadian
                                                    Raymond Damadian
                                                    President and Chairman

Dated:   February 9, 2005

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>k8-x99.txt
<TEXT>
Exhibit 99

                             FONAR CORPORATION

     FonarMRInews                                            The  MRI Specialist
For    Immediate   Release                                   An ISO 9001 Company

Contact:    Daniel Culver,                                   110  Marcus   Drive
Director of Communications                                   Melville, NY  11742
David Terry, VP, Secretary                                   Tel:   631/694-2929
Email: invest @ fonar. com                                   Fax:   631/390-9540
================================================================================

           FONAR ANNOUNCES SECOND CONSECUTIVE QUARTER OF PROFITABILITY

           - Revenues Increase 65% to $29.5 Million; EPS is $0.01 -

            -First Half of FY 2005 Revenues Rise 75% to $54.6 Mil.-

MELVILLE, NEW YORK, February 9, 2005 - FONAR Corporation (NASDAQ-FONR),  The MRI
Specialist(TM),  today  announced  financial  results for the second quarter and
first half of fiscal 2005, which ended on December 31, 2004.

      Q2 Fiscal 2005 Financial Highlights
      -----------------------------------

- -    Total Revenues rose 65% to $29.5 million

- -    Service and repair revenues rose 87% to $1.4 million

- -    HMCA revenues rose slightly to $5.96 million

- -    Net income was $1.1  million  compared to a net loss of $2.6  million in Q2
     Fiscal 2004

- -    Basic and  diluted EPS was $0.01 for Q2 Fiscal 2005 vs. a loss of $0.03 for
     Q2 Fiscal 2004

      Six Months Fiscal 2005 Financial Highlights
      -------------------------------------------

- -    Total Revenues increased 75% to $54.6 million

- -    Service and repair revenues rose 71% to $2.5 million

- -    HMCA revenues were $11.8 million

- -    Net income was $1.9 million  compared to a net loss of $6.5 million for the
     first six months of fiscal 2004

- -    Basic and  diluted  EPS was $0.02 for Six Months  Fiscal 2005 vs. a loss of
     $0.07 for six months Fiscal 2004

Management Commentary

"We are proud to continue our trend of profitability," said Raymond V. Damadian,
president and founder of FONAR.  "Our strong second  quarter  performance is the
result of increased  demand for the FONAR  Upright(TM) MRI, as well as increased
service and repair fees.  Moreover,  our cost control measures continue to yield
positive returns."

Dr.  Damadian  concluded,  "We believe that our sales and marketing  initiatives
combined with  continuing cost controls and new business  opportunities  provide
the  Company  with a  solid  foundation  for  sustained  profitability  for  the
remainder of this fiscal  year.  We are pleased  with the  milestones  FONAR has
attained in the first half of fiscal 2005 and plan to continue  capitalizing  on
our opportunities, building a strong business and increasing shareholder value."

As of December 31, 2004,  FONAR had $20.2 million in cash and cash  equivalents,
and marketable securities, as compared to $20.6 million as of June 30, 2004.

To see a chart illustrating  FONAR revenue and net income/(loss)  trends for the
last six quarters, please visit: http://www.fonar.com/news/020905.htm

Conference Call

FONAR will host a conference  call with  investors and analysts at 11:00 a.m. ET
to discuss second quarter of fiscal 2005 results and the Company's  outlook.  To
access the live conference call, please dial +1-877-270-4109 at least 10 minutes
prior to the call. A replay of the call will be available  through  February 16.
To access the replay, please dial +1-800-642-1687 and enter access code 3881813.
For the most current information regarding the conference call, please visit the
FONAR web site at http://www.fonar.com/conference_calls.htm.

About FONAR

FONAR was incorporated in 1978, making it the first, oldest and most experienced
MRI manufacturer in the industry.  FONAR introduced the world's first commercial
MRI in 1980,  and went public in 1981.  Since its  inception,  we have installed
nearly 300 MRI scanners  worldwide.  FONAR's  stellar  product line includes the
Upright(TM)  MRI (also known as the  Stand-Up(TM)  MRI), the only whole-body MRI
that performs  Position(TM)  imaging  (pMRI(TM))  and scans patients in numerous
weight-bearing positions,  i.e. standing,  sitting, in flexion and extension, as
well as the conventional lie-down position.  With over 100,000 patients scanned,
the  patient-friendly  Upright(TM) MRI has a near zero claustrophobic  rejection
rate by patients.  As a FONAR customer states, "If the patient is claustrophobic
in this scanner, they'll be claustrophobic in my parking lot." Approximately 85%
of  patients  are  scanned  sitting  while they watch a 42" flat  screen TV. Our
latest MRI scanner is the FONAR  360(TM),  a room-size  recumbent  scanner  that
optimizes openness while facilitating  physician access to the patient. FONAR is
headquartered on Long Island, New York, and has approximately 500 employees.

                 CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

                     For the Three Months Ended    For the Six Months Ended
                            December 31,                  December 31,
                         2004          2003            2004          2003
                     -----------   -----------     -----------   -----------
Revenues             $29,499,000   $17,889,000     $54,567,000   $31,191,000
Net Income (Loss)    $ 1,141,000   $(2,630,000)    $ 1,927,000   $(6,472,000)
Basic & Diluted
Earnings (Loss)
Per Common Share        $0.01         $(0.03)         $0.02         $(0.07)


- --------------------------------------------------------------------------------
MRI  Specialist,  Stand-Up,  Upright,  Position,  PMRI  and The  Proof is in the
Picture are trademarks of FONAR.

 Be sure to visit FONAR's Web site for Company product and investor information:
                                  www.fonar.com

                                       ###

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
