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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current Assets:    
Cash and cash equivalents $ 56,333,636 $ 56,341,193
Short-term investments 120,494 136,102
Accounts receivable – net of allowances for credit losses of $264,212 and $166,049 at June 30, 2025 and 2024, respectively 5,304,698 4,035,336
Medical receivables 24,489,808 23,991,533
Management and other fees receivable – net of allowances for credit losses of $14,295,988 and $12,369,921 at June 30, 2025 and 2024, respectively 43,401,252 41,953,657
Management and other fees receivable – related party medical practices – net of allowances for credit losses of $7,136,836 and $6,110,399 at June 30, 2025 and 2024, respectively 9,748,521 9,865,061
Inventories - net 2,812,682 2,715,441
Prepaid expenses and other current assets – related party 410,659
Prepaid expenses and other current assets 2,050,060 1,285,962
Total Current Assets 144,671,810 140,324,285
Accounts receivable – long term 3,549,956 829,473
Note receivable – related party 554,857 581,183
Deferred income tax asset 6,349,194 7,223,255
Property and equipment – net 18,531,919 18,708,920
Right-of-use-asset – operating leases 35,136,412 38,427,757
Right-of-use-asset – finance lease 376,569 530,348
Goodwill 4,269,277 4,269,277
Other intangible assets – net 2,992,203 2,870,324
Other assets 475,680 481,147
Total Assets 216,907,877 214,245,969
Current Liabilities:    
Current portion of long-term debt 47,002
Accounts payable 1,302,317 1,855,879
Other current liabilities 6,974,997 7,941,039
Operating lease liabilities – current portion 3,382,675 3,473,674
Finance lease liability – current portion 244,237 225,786
Unearned revenue on service contracts 4,865,936 3,870,229
Customer deposits 354,244 443,471
Total Current Liabilities 17,124,406 17,857,080
Long-Term Liabilities:    
Unearned revenue on service contracts 3,800,746 1,174,844
Deferred income tax liability 321,159 371,560
Due to related party medical practices 92,663 92,663
Operating lease liabilities – net of current portion 35,148,907 37,467,746
Finance lease liability – net of current portion 142,523 394,723
Long-term debt, less current portion 66,938
Other liabilities 172,853 32,026
Total Long-Term Liabilities 39,678,851 39,600,500
Total Liabilities 56,803,257 57,457,580
Equity:    
Paid-in capital in excess of par value 178,756,712 180,607,510
Accumulated deficit (5,289,324) (13,623,585)
Treasury stock, at cost – 34,840 and 45,081 shares of common stock at June 30, 2025 and 2024, respectively (859,893) (1,016,632)
Total Fonar Corporation’s Stockholders’ Equity 172,608,186 165,967,997
Noncontrolling interests (12,503,566) (9,179,608)
Total Equity 160,104,620 156,788,389
Total Liabilities and Equity 216,907,877 214,245,969
Class A Non Voting Preferred Stock [Member]    
Equity:    
Preferred stock value 31 31
Preferred Stock [Member]    
Equity:    
Preferred stock value 0 0
Common Stock [Member]    
Equity:    
Common stock value 622 635
Common Class B [Member]    
Equity:    
Common stock value 0 0
Common Class C [Member]    
Equity:    
Common stock value $ 38 $ 38