<SEC-DOCUMENT>0000355019-19-000031.txt : 20190916
<SEC-HEADER>0000355019-19-000031.hdr.sgml : 20190916
<ACCEPTANCE-DATETIME>20190916165714
ACCESSION NUMBER:		0000355019-19-000031
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190630
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20190916
DATE AS OF CHANGE:		20190916

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:		191095169

	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>fonar_8-k.htm
<DESCRIPTION>ITEM 2.02 - RESULTS OF OPERATIONS AND FINANCIAL CONDITION
<TEXT>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">FORM 8-K</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">CURRENT REPORT</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">Pursuant to Section 13 or 15(d) of the Securities
Act of 1934</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">Date of Report (Date of earliest event reported):
<B>September 13, 2019</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">FONAR CORPORATION</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">______________________________________________________</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 28%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt; border-bottom: Black 1pt solid">Delaware</TD><TD STYLE="width: 8%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 28%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt; border-bottom: Black 1pt solid">0-10248</TD><TD STYLE="width: 8%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 28%; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt; border-bottom: Black 1pt solid">11-2464137</TD></TR>
<TR STYLE="text-align: center; background-color: White; vertical-align: top">
    <TD STYLE="padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0pt">(State or other jurisdiction</P>
                                    <P STYLE="margin-top: 0; margin-bottom: 0pt">of incorporation) <BR></P></TD><TD>&nbsp;</TD>
    <TD STYLE="padding-left: 5.4pt">(Commission File Number)</TD><TD>&nbsp;</TD>
    <TD STYLE="padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0pt">(I.R.S. Employer</P>
                                    <P STYLE="margin-top: 0; margin-bottom: 0pt">Identification No.)</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt; border-bottom: Black 1pt solid">110 Marcus Drive <BR>Melville, New York 11747 <BR>(631) 694-2929</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; padding-left: 5.4pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0pt">(Address, including zip code, and telephone number</P>
                                                        <P STYLE="margin-top: 0; margin-bottom: 0pt">of registrant's principal executive office) <BR></P></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">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):</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 9pt 0pt 0.5in; text-indent: -0.5in">[ ] Written communications pursuant
to Rule 425 under the Securities Act 17 CFR 230.425)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 9pt 0pt 0.5in; text-indent: -0.5in">[ ] Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 9pt 0pt 0.5in; text-indent: -0.5in">[ ] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 9pt 0pt 0.5in; text-indent: -0.5in">[ ] Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">Item 2.02(a) Results of Operations and Financial Condition.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-indent: 0.25in">We reported the results of operations and financial
condition of the Company for the fiscal year ended June 30, 2019 in a press release dated <B>September 13, 2019</B>.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">Exhibits</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-indent: 0.25in">99.1 Press Release dated S<B>eptember 13, 2019</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-indent: 0.25in">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.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 61%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 39%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">FONAR CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(Registrant)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">By: /s/ Timothy R. Damadian</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 17.1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Timothy R. Damadian</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 17.1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">President and CEO</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">Dated: <B>September 16, 2019</B></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt">&nbsp;</P>



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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>fonar8k-press_release.htm
<DESCRIPTION>FONAR CORPORATION PRESS RELEASE
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 38%; border-top: Black 2.25pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">NEWS</FONT></TD>
    <TD STYLE="width: 25%; border-top: Black 2.25pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;<IMG SRC="fonar-logo.jpg" ALT="" STYLE="width: 133px; height: 19px"></FONT></TD>
    <TD STYLE="width: 37%; border-top: Black 2.25pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
    CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">For
    Immediate Release</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">The
    Inventor of MR Scanning&trade;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Contact:
    Daniel Culver</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">An
    ISO 9001 Company</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Director
    of Communications</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Melville,
    New York 11747</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">E-mail:
    investor@fonar.com</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Phone:
    (631) 694-2929</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">www.fonar.com</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: -9pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Fax:
    (631) 390-1772</FONT></TD></TR>
</TABLE>
<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center; background-color: white"></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt; font-variant: normal; text-decoration: none; background-color: white"><B>FONAR
Announces Year-End Earnings For Fiscal 2019</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Cash
                                         and cash equivalents and Short term investments increased by 48% to $29.0 million during
                                         the fiscal year ended June 30, 2019.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
                                         Revenues-Net increased by 7% to $87.2 million for the fiscal year ended June 30, 2019,
                                         versus previous fiscal year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
                                         from Operations increased 12% to $22.1 million, for the fiscal year ended June 30, 2019,
                                         versus previous fiscal year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
                                         Income decreased by 19% to $20.5 million for the year ended June 30, 2019, versus previous
                                         fiscal year. This is in part due to an income tax provision of $2.0 million for the fiscal
                                         year ended June 30, 2019 vs. an income tax benefit of $5.7 million recorded in the previous
                                         year. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Diluted
                                         Net Income per Common Share decreased by 28% to $2.22, versus previous fiscal year. This
                                         is in part due to an income tax provision of $2.0 million for the fiscal year ended June
                                         30, 2019 vs. an income tax benefit of $5.7 million recorded in the previous year. The
                                         number of shares fully diluted increased 1% to 6.5 million for the fiscal year ended
                                         June 30, 2019, versus previous fiscal year.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Working
                                         Capital increased by 35% to $71.0 million during Fiscal 2019.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">MELVILLE,
NEW YORK, September 13, 2019 &ndash; FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning&trade;, reported today its fiscal
2019 results.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none; background-color: white">FONAR&rsquo;s
primary source of income and growth is attributable to its wholly-owned diagnostic imaging management subsidiary, Health Management
Company of America (HMCA). At June 30, 2019, HMCA manages 26 diagnostic imaging centers, 19 in New York and 7 in Florida, collectively
equipped with 35 MRI scanners. The imaging centers that we own and manage, completed 184,000 MRI scans in fiscal 2019, as compared
to 176,000 in fiscal 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none; background-color: white">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Financial
Discussion:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
revenues increased by 7% to $87.2 million for the fiscal year ended June 30, 2019, as compared to $81.5 million for the fiscal
year ended June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">For
the year ended June 30, 2019, the revenues from the management of the diagnostic imaging center segment, consisting of patient
fee revenue less the provision for bad debt for patient revenue, and management and other fees of related and non-related medical
practices, increased by 8% to $77.2 million as compared to $71.7 million one year earlier.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
Costs and Expenses for the fiscal year ending June 30, 2019 increased by 5% to $65.1 million, as compared to $61.8 million for
the fiscal year ended June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
from Operations increased by 12% to $22.1 million for the fiscal year ended June 30, 2019, as compared to $19.7 million for the
fiscal year ended June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
Income decreased by 19% to $20.5 million, for the fiscal year ended June 30, 2019, as compared to $25.5 million for the fiscal
year ended June 30, 2018. Net Income for the year ended June 30, 2019, reflects an income tax provision of $2.0 million versus
a benefit of $5.7 million for income taxes for the fiscal year ended June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">For
the year ended June 30, 2019, Diluted Net Income per Common Share available to common shareholders decreased by 28% to $2.22,
compared to $3.10 for the fiscal year ended June 30, 2018. This is in part due to an income tax provision of $2.0 million for
the fiscal year ended June 30, 2019 vs. an income tax benefit of $5.7 million recorded in the previous year.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">The
weighted average diluted shares outstanding for the year ended June 30, 2019 increased 1% to 6.5 million versus 6.4 million for
the fiscal year ended June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, Total Assets increased by 13% to $133.6 million, as compared to $118.3 million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, Total Current Assets increased by 27% to $85.1 million, as compared to $67.1 million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, Total Liabilities decreased by 4% to $15.5 million, as compared to $16.1 million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, Total Current Liabilities decreased by 3% to $14.1 million, as compared to $14.6 million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, total Cash and cash equivalents and Short term investments increased by 47% to $29.0 million, as compared to $19.6
million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, working capital increased by 35% to $71.0 million, as compared to $52.5 million at June 30, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">At
June 30, 2019, FONAR Stockholder&rsquo;s Equity increased by 18% to $116.0 million, as compared to $98.7 million at June 30, 2018.
<BR STYLE="clear: both"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Significant
Events</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Tax
Cuts and Jobs Act</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">In
December 2017, the Tax Cuts and Jobs Act was signed into law, making numerous changes to the Internal Revenue Code. Among them
is the reduction of the U.S. corporate income tax rate to 21%, effective January 1, 2018. Because the Act took effect midway through
the Company&rsquo;s tax year, the Company will have a U.S. statutory income tax rate of 27.7% for fiscal 2018 and a statutory
income tax rate of 21% for all subsequent fiscal years. The Company currently records a net deferred tax asset primarily relating
to its net operating loss carryforwards available to offset future taxable income through 2030, which lowered the net income for
the current fiscal year as compared to the prior year. The net operating losses begin to expire in 2021 for federal tax and state
income tax purposes. Given the Company&rsquo;s available net operating loss carryforwards, a substantial portion of the income
tax expense for the current year will not require cash outlay. Net income for the year ended June 30, 2018, reflects income tax
benefits associated with the changes to the net deferred income tax assets of $4.9 million and also the benefits associated with
the AMT Carryforward Tax Credit of $1.2 million, available as a cash refund. The income tax benefits were precipitated by the
changes in the Tax Cuts and Jobs Act and a decrease in the corporate income tax rates to 21%.</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
Technology Critical for Correcting Misalignments at the Cranio-Cervical Junction </FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;On
March 14, 2019, the Company reported in a press release the on-line publication of a chapter written by the physician-author-researchers
who utilized the FONAR UPRIGHT&reg; Multi-Position&trade; MRI. The title of their chapter is:&nbsp;Craniocervical Junction Syndrome:
Anatomy of the Craniocervical and Atlantoaxial Junctions and the Effect of Misalignment on Cerebrospinal Fluid Flow. To learn
more visit: &nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none; color: #0070C0">www.fonar.com/news/031419.htm</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">One
of the authors, Dr. Scott Rosa, has developed a patented method to restore cerebrospinal integrity by correcting misalignments
at the cranio-cervical junction (CCJ) called Image Guided Atlas Treatment&trade; or IGAT&trade;. He says that the FONAR UPRIGHT&reg;
MRI and its imaging sequences are a critical part of the IGAT&trade; methodology in correcting the misalignments found at the
CCJ. This is because only the FONAR UPRIGHT&reg; MRI can visualize the CCJ in the upright, fully weight-loaded position, necessary
for detecting fully distended cerebellar tonsillar ectopia and CSF flow impeding vertebral malalignments and cervical disc herniations.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Raymond
V. Damadian Receives &lsquo;The Excellence in Medicine Medal of Honor&rsquo; from the Chiari &amp; Syringomyelia Foundation at
Brooks&rsquo;s in London, England.&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">On
November 10, 2018, FONAR Founder Raymond V. Damadian, M.D., received &lsquo;The Excellence in Medicine Medal of Honor&rsquo; from
the Chiari &amp; Syringomyelia Foundation at Brooks&rsquo;s in London, England.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Fraser
Henderson, M.D., a neurosurgeon and a member of the steering committee for the Chiari &amp; Syringomyelia Foundation said: &ldquo;Raymond
Damadian revolutionized medicine with the discovery and development of MRI.&rdquo; Professor Donlin Long, M.D., former Chairman
of Neurosurgery at Johns Hopkins University, called it: &ldquo;the single most important diagnostic discovery in the history of
all of medicine.&rdquo;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; background-color: white"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">The
award citation included: In 1970, Raymond Damadian made the discovery that is the basis for MR scanning - that there is a marked
difference in relaxation times between normal and abnormal tissues of the same type, as well as between different types of normal
tissues. This seminal discovery, which remains the basis for the making of every MRI image ever produced, is the foundation of
the MRI industry.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
Celebrates the 50th Anniversary of Dr. Raymond Damadian&rsquo;s Conception of the MRI Scanner </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">It&rsquo;s
been fifty years since Dr. Damadian first thought about developing a device using magnetic resonance to detect cancer. As evidenced
in his September 17, 1969 letter to Dr. George Mirick of the Health Research Council of the City of New York, requesting financial
support for equipment to follow up his promising line of research, Dr. Damadian states his intention to &ldquo;proceed with the
development of instrumentation and probes that can be used to scan the human body externally for early signs of malignancy.&rdquo;
It was during the following year, on June 18, 1970, that Dr. Damadian performed the experiment whereby he discovered the distinctly
elongated time-lapsed signal marking differences between normal and cancerous tissue as well as differences among various normal
organs themselves, that Dr. Damadian had his &lsquo;eureka&rsquo; moment. These results were published in the journal, &lsquo;Science,&rsquo;
on March 19, 1971, marking the birth of the MRI industry.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Management
Discussion</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">President
and CEO, Timothy R. Damadian, said, &ldquo;As of June 30, our cash and cash equivalents and short term investment figure was $29.0
million, nearly double what it was a year ago ($19.6 million) and nearly triple what is was two years ago ($10.1 million). For
the Fiscal year ended June 30, 2019 vs. the previous year, we are well positioned by a 35% increase in working capital and consistent
revenue growth<FONT STYLE="color: #B8CCE4">. </FONT>The Company is investing between four and six million dollars in projects
that we&rsquo;re confident will maintain our positive earnings trajectory throughout fiscal 2020. In addition, during the course
of this fiscal year ending June 30, and during the months of July and August, the Company has invested $2.4 million developing
various upgrades for the UPRIGHT&reg; MRI.&quot;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&ldquo;After
a thorough evaluation of the demographics, the prevalent local medical insurance carriers, and the competitive landscape in several
areas of Florida, we&rsquo;ve chosen a very promising location for our next de novo enterprise, one that fits perfectly into our
existing network. The real estate lease has been signed and we are fully engaged in site preparation and the installation of the
first MRI in what will be a two-MRI facility.&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&ldquo;We&rsquo;re
also expanding business at three existing facilities. In order to meet the MRI demands of referring physicians and their patients
and to reduce the backlog of those waiting to be scanned, we are adding second MRI scanners at two of our New York facilities
as well as a second MRI at one of our Florida facilities. The property leases have been signed and site preparation is underway
at all three locations.&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&ldquo;I&rsquo;ll
also point out that Income from Operations increased substantially by 12%, to $22.1 million. I am pleased that our increases in
Income from Operations continue to outpace Total Revenues&ndash;Net, which grew by 7% in fiscal 2019.&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
Chairman Dr. Raymond Damadian added, &ldquo;Thanks to the enormous appeal of the UPRIGHT&reg; MRI (also known as the STAND-UP&reg;
MRI) among patients and physicians, and the remarkable success of our highly skilled and experienced management team, we continue
to thrive.&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">About
FONAR</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR,
the&nbsp;<FONT STYLE="color: #0070C0">Inventor of MR Scanning</FONT>&trade;, is located in Melville, NY, was incorporated in 1978,
and is the first, oldest and most experienced MRI company in the industry. FONAR introduced the world&rsquo;s first commercial
MRI in 1980, and went public in 1981. FONAR&rsquo;s signature product is the FONAR UPRIGHT&reg; Multi-Position&trade; MRI (also
known as the STAND-UP&reg; MRI), the only whole-body MRI that performs Position&trade; Imaging (pMRI&trade;) and scans patients
in numerous weight-bearing positions, i.e. standing, sitting, in flexion and extension, as well as the conventional lie-down position.
The FONAR&nbsp;UPRIGHT&reg; MRI&nbsp;often detects patient problems that other MRI scanners cannot because they are lie-down and
&rdquo;weightless&rdquo; only scanners. The patient-friendly UPRIGHT&reg; MRI has a near-zero patient claustrophobic rejection
rate. As a FONAR customer states, &ldquo;If the patient is claustrophobic in this scanner, they&rsquo;ll be claustrophobic in
my parking lot.&rdquo; Approximately 85% of patients are scanned sitting while watching TV.</FONT></P>

<P STYLE="font: 12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
has new works-in-progress<FONT STYLE="color: #0070C0">&nbsp;technology for visualizing and quantifying the cerebral hydraulics
of the central nervous system, the flow of cerebrospinal fluid (CSF)</FONT>, which circulates throughout the brain and vertebral
column at the rate of 32 quarts per day. This imaging and quantifying of the dynamics of this vital life-sustaining physiology
of the body&rsquo;s neurologic system has been made possible first by FONAR&rsquo;s introduction of the MRI and now by this latest
works-in-progress method for quantifying CSF in all the normal positions of the body, particularly in its upright flow against
gravity. Patients with whiplash or other neck injuries are among those who will benefit from this new understanding.</FONT></P>

<P STYLE="font: 12.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR&rsquo;s
substantial list of patents includes recent patents for its technology enabling full weight-bearing MRI imaging of all the gravity
sensitive regions of the human anatomy, especially the brain, extremities and spine. It includes its newest technology for measuring
the Upright cerebral hydraulics of the central nervous system. FONAR&rsquo;s UPRIGHT&reg; Multi-Position&trade; MRI is the only
<FONT STYLE="background-color: white">scanner licensed under these patents.</FONT></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.2in; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none; color: #365F91">UPRIGHT&reg;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">and
<FONT STYLE="color: #365F91">STAND-UP&reg;</FONT> are registered trademarks and <FONT STYLE="color: #365F91">The Inventor of MR
Scanning&trade;</FONT>, Full Range of Motion&trade;, <FONT STYLE="color: #365F91">Multi-Position&trade;</FONT>, Upright Radiology&trade;,
<FONT STYLE="color: #548DD4">The Proof is in the Picture&trade;</FONT>, True Flow&trade;, <FONT STYLE="color: #365F91">pMRI&trade;</FONT>,
Spondylography&trade;, <FONT STYLE="color: #365F91">Dynamic&trade;</FONT>, Spondylometry&trade;, <FONT STYLE="color: #548DD4">CSP&trade;</FONT>,
and Landscape&trade;, are trademarks of FONAR Corporation.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.2in; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">This
release may include forward-looking statements from the company that may or may not materialize. Additional information on factors
that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange
Commission.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">#</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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BALANCE SHEETS</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="7" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">June
    30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2019</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2018</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Current
    Assets:</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 56%; font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Cash
    and cash equivalents</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">13,882,013</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,633,742</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Short
    term investments</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">15,094,816</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Accounts
    receivable &ndash; net of allowances for doubtful accounts of $190,244 at June 30, 2019 and 2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,736,662</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,813,576</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Medical
    receivables &ndash;net of allowances for doubtful accounts of&nbsp;&nbsp;$22,727,698 at June 30, 2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">15,728,935</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">13,350,772</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Management
    and other fees receivable &ndash; net of allowances for doubtful accounts of $9,404,944 and $10,983,022 at June 30, 2019 and
    2018, respectively</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">25,709,489</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">21,863,431</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Management
    and other fees receivable &ndash; related party medical practices &ndash; net of allowances for doubtful accounts of $2,310,731
    and $1,711,385 at June 30, 2019 and 2018, respectively</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,500,614</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">5,535,096</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    and estimated earnings in excess of billings on uncompleted contracts</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">525,110</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">86,638</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Inventories</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,798,166</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,431,380</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
    Tax Receivable</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">600,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Prepaid
    expenses and other current assets</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,512,917</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,349,907</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Current Assets</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">85,088,722</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">67,064,542</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
    taxes receivable</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">600,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,200,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Deferred
    income tax asset</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">20,937,747</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">22,689,011</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Property
    and Equipment &ndash; Net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">16,985,617</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">16,492,278</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Goodwill</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,985,397</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,985,397</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    Intangible Assets &ndash; Net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">4,755,675</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">5,601,656</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    Assets</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,207,052</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,278,061</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 2.5pt; text-indent: -9pt; padding-left: 9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Assets</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">133,560,210</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">118,310,945</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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BALANCE SHEETS</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="7" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">June
    30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2019</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2018</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Current
    Liabilities:</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 56%; font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Current
    portion of long-term debt and capital leases</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">40,530</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">38,332</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Accounts
    payable</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,861,227</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,300,250</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    current liabilities</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">7,577,416</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">8,177,995</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Unearned
    revenue on service contracts</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,812,115</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">4,191,930</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Customer
    deposits</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">798,651</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">858,195</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Current Liabilities</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">14,089,939</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">14,566,702</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Long-Term
    Liabilities:</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Deferred
    income tax liability</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">243,267</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">239,011</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Due
    to related party medical practices</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">92,663</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">227,543</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Long-term
    debt and capital leases, less current portion</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">273,112</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">306,035</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    liabilities</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">749,126</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">737,183</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Long-Term Liabilities</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,358,168</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,509,772</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Liabilities</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">15,448,107</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">16,076,474</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
</TABLE>

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BALANCE SHEETS</FONT></P>

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EQUITY</FONT></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="7" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">June
    30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2019</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2018</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Stockholders'
    Equity:</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 56%; font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Class
    A non-voting preferred stock $.0001 par value; 453,000 shares authorized at June 30, 2019 and 2018, 313,438 issued and outstanding
    at June 30, 2019 and 2018</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">31</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 12%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">31</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Preferred
    stock $.001 par value; 567,000 shares authorized at June 30, 2019 and 2018, issued and outstanding &ndash; none</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Common
    stock $.0001 par value; 8,500,000 shares authorized at June 30, 2019 and 2018, 6,369,125 and 6,299,154 issued at June 30,
    2019 and 2018, respectively; 6,357,482 and 6,287,511 outstanding at June 30, 2019 and 2018, respectively</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">638</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">630</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Class
    B convertible common stock (10 votes per share) $.0001 par value; 227,000 shares authorized&nbsp;&nbsp;at June 30, 2019 and
    2018, 146 issued and outstanding at June 30, 2019 and 2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Class
    C common stock (25 votes per share) $.0001 par value; 567,000 shares authorized at June 30, 2019 and 2018, 382,513 issued
    and outstanding at June 30, 2019 and 2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">38</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">38</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Paid-in
    capital in excess of par value</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">181,086,517</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">179,131,780</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Accumulated
    deficit</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(64,455,456</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(79,772,587</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Notes
    receivable from employee stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(9,213</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Treasury
    stock, at cost &ndash; 11,643 shares of common stock at&nbsp;&nbsp;June 30, 2019 and 2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(675,390</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(675,390</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Fonar Corporation&rsquo;s Stockholders&rsquo; Equity</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">115,956,378</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">98,675,289</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Noncontrolling
    interests</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2,155,725</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,559,182</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Stockholders' Equity</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">118,112,103</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">102,234,471</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Liabilities and Stockholders' Equity</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">133,560,210</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">118,310,945</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
</TABLE>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">CONSOLIDATED
STATEMENTS OF INCOME</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 54%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">For
    the Years Ended June 30,</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2019</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2017</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 46%; font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Patient
    fee revenue, net of contractual allowances and discounts</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">24,207,536</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">39,165,413</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">36,400,600</FONT></TD><TD STYLE="width: 1%; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Provision
    for bad debts for patient fee</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(17,896,528</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(16,171,434</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Patient
    fee revenue &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">24,207,536</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">21,268,885</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">20,229,166</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Product
    sales &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,751,221</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">602,541</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,572,148</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Service
    and repair fees &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">8,152,173</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">9,124,728</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">9,537,040</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Service
    and repair fees &ndash; related parties &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">110,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">110,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">110,000</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Management
    and other fees &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">43,617,093</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">41,422,958</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">38,361,514</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Management
    and other fees &ndash; related party medical practices &ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">9,354,864</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">8,986,882</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">8,226,718</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Revenues &ndash; Net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">87,192,887</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">81,515,994</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">78,036,586</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    and Expenses</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to product sales</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">778,734</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">751,221</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">931,501</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to service and repair fees</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,009,097</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3,212,527</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2,996,736</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to service and repair fees &ndash; related parties</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">40,603</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">38,728</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">34,564</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to patient fee revenue</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">10,789,308</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">10,256,951</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">8,987,673</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to management and other fees</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">23,419,796</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">22,778,202</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">20,828,581</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Costs
    related to management and other fees &ndash; related party medical practices</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">5,947,055</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">4,913,141</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">4,273,370</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Research
    and development</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,812,347</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,755,747</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,480,670</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Selling,
    general and administrative, inclusive of compensatory element of stock issuances of $1,990,380, $1,954,744 and $2,397,276
    for the years ended June 30, 2019, 2018 and 2017, respectively</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,261,755</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">18,125,266</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,407,411</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Total
    Costs and Expenses</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">65,058,695</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">61,831,783</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">58,940,506</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
    from Operations</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">22,134,192</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,684,211</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,096,080</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    Income and (Expenses):</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Interest
    expense</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(98,636</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(160,074</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">28,299</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Investment
    income</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">482,573</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">262,569</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">193,141</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Other
    income (expense)&ndash; net</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">1,065</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(4,271</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(1,156</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Income
    before (provision) benefit for income taxes and noncontrolling interests</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">22,519,194</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,782,435</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,316,364</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(Provision)
    benefit for Income Taxes</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(2,005,520</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">5,669,750</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">4,362,434</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">20,513,674</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">25,452,185</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">23,678,798</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income &ndash; Noncontrolling Interests</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(5,196,543</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(4,221,383</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">(4,058,177</FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: left; padding-bottom: 2.5pt; text-indent: -8.95pt; padding-left: 8.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income &ndash; Attributable to FONAR</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">15,317,131</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">21,230,802</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,620,621</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
</TABLE>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">FONAR
CORPORATION</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">CONSOLIDATED
STATEMENTS OF INCOME (Continued)</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="11" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">For
    the Years Ended June 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: normal; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2019</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2018</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: normal; font-style: normal; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2017</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 46%; font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income Available to Common&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stockholders</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">14,366,798</FONT></TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">19,899,823</FONT></TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="width: 5%; font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="width: 11%; border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">18,390,586</FONT></TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income Available to Class A Non-Voting Preferred Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">708,302</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">992,005</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">916,769</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Net
    Income Available to Class C Common&nbsp;&nbsp;&nbsp;Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">242,031</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">338,974</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">313,266</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Basic
    Net Income Per Common Share Available to Common Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2.26</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3.16</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2.98</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Diluted
    Net Income Per Common Share Available to Common Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2.22</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">3.10</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">2.92</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Basic
    and Diluted Income Per Share &ndash;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class
    C Common</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">0.63</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">0.89</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">$</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">0.82</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Weighted
    Average Basic Shares Outstanding &ndash; Common Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,354,103</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,287,510</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,161,599</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Weighted
    Average Diluted Shares Outstanding &ndash; Common Stockholders</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,481,607</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,415,014</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">6,289,103</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: normal; font-style: normal; text-align: justify; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">Weighted
    Average Basic and Diluted Shares Outstanding &ndash; Class C Common</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">382,513</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">382,513</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="font-weight: normal; font-style: normal; padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">382,513</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; font-style: normal; font-variant: normal; font-weight: normal; text-decoration: none">#</FONT></P>



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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
