FONR · As filed with the SEC
Fonar balance sheet, by fiscal year
The statement as Fonar presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | FY2025 Jun 30, 2025 | FY2024 Jun 30, 2024 | FY2023 Jun 30, 2023 | FY2022 Jun 30, 2022 |
|---|---|---|---|---|
| Current Assets: | ||||
| Cash and Cash Equivalents | — | — | 51,279,707 | 48,722,977 |
| Cash and Cash Equivalents | 56,333,636 | 56,341,193 | — | — |
| Short-Term Investments | 120,494 | 136,102 | 32,799 | 32,326 |
| Accounts receivable – net of allowances for doubtful accounts of $198,593 and $204,597 at June 30, 2023 and 2022, respectively | — | — | 3,861,512 | 4,335,956 |
| Accounts Receivable | 5,304,698 | 4,035,336 | — | — |
| Medical receivables | 24,489,808 | 23,991,533 | 21,259,262 | 20,108,989 |
| Management and other fees receivable – net of allowances for doubtful accounts of $12,608,567 and $16,627,917 at June 30, 2023 and 2022, respectively | — | — | 35,888,253 | 33,419,219 |
| Other Non-Operating Non-Current Assets | 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 | 9,161,870 | 8,602,561 |
| Inventory | — | — | 2,569,666 | 2,359,821 |
| Inventory | 2,812,682 | 2,715,441 | — | — |
| Prepaid expenses and other current assets – related party | 410,659 | — | — | — |
| Other Non-Operating Current Assets | 2,050,060 | 1,285,962 | 1,607,768 | 1,104,325 |
| Total Current Assets | 144,671,810 | 140,324,285 | 125,660,837 | 118,686,174 |
| Accounts receivable – long term | 3,549,956 | 829,473 | 710,085 | 1,871,890 |
| Note receivable – related party | 554,857 | 581,183 | — | — |
| Deferred Tax Assets, Current | 6,349,194 | 7,223,255 | 10,041,960 | 12,842,478 |
| Property, Plant and Equipment | 18,531,919 | 18,708,920 | 22,146,373 | 22,281,791 |
| Operating Lease Right-of-Use Asset | 35,136,412 | 38,427,757 | 33,068,755 | 34,232,109 |
| Other Non-Operating Non-Current Assets | 376,569 | 530,348 | 729,229 | 928,109 |
| Goodwill | 4,269,277 | 4,269,277 | 4,269,277 | 4,269,277 |
| Intangible Assets | 2,992,203 | 2,870,324 | 3,431,865 | 3,703,885 |
| Other Non-Operating Current Assets | 475,680 | 481,147 | 523,506 | 526,269 |
| Total Assets | 216,907,877 | 214,245,969 | 200,581,887 | 199,341,982 |
| Current Liabilities: | ||||
| Current Portion of Long-Term Debt | — | — | — | 40,078 |
| Current portion of long-term debt | — | — | 43,767 | — |
| Current Portion of Long-Term Debt | — | 47,002 | — | — |
| Accounts Payable | 1,302,317 | 1,855,879 | 1,579,240 | 1,551,269 |
| Other Non-Operating Current Liabilities | 6,974,997 | 7,941,039 | 5,443,724 | 6,417,227 |
| Operating Lease Liability, Current | 3,382,675 | 3,473,674 | 3,905,484 | 3,880,129 |
| Short-Term Debt | 244,237 | 225,786 | 217,597 | 210,140 |
| Deferred Revenue, Current | 4,865,936 | 3,870,229 | 3,832,184 | 4,288,766 |
| Customer deposits | 354,244 | 443,471 | 602,377 | 361,245 |
| Total Current Liabilities | 17,124,406 | 17,857,080 | 15,624,373 | 16,748,854 |
| Long-Term Liabilities: | ||||
| Unearned revenue on service contracts | 3,800,746 | 1,174,844 | 760,242 | 1,857,257 |
| Deferred Tax Liabilities, Non-Current | 321,159 | 371,560 | 394,758 | 215,726 |
| Other Non-Current Liabilities | — | — | — | 92,663 |
| Due to related party medical practices | — | — | 92,663 | — |
| Due to related party medical practices | 92,663 | 92,663 | — | — |
| Operating Lease Liability, Non-Current | 35,148,907 | 37,467,746 | 32,105,405 | 33,090,990 |
| Long-Term Debt | 142,523 | 394,723 | 620,481 | 838,291 |
| Long-Term Debt | — | — | — | 155,379 |
| Long-term debt and capital leases, less current portion | — | — | 115,075 | — |
| Long-Term Debt | — | 66,938 | — | — |
| Other Non-Operating Current Liabilities | 172,853 | 32,026 | 41,750 | 106,541 |
| Total Long-Term Liabilities | 39,678,851 | 39,600,500 | 34,130,374 | 36,356,847 |
| Total Liabilities | 56,803,257 | 57,457,580 | 49,754,747 | 53,105,701 |
| Equity: | ||||
| Class A Non Voting Preferred Stock | 31 | 31 | 31 | 31 |
| Preferred Stock | 0 | 0 | — | — |
| Common Stock | 622 | 635 | 647 | 657 |
| Common Class B | 0 | 0 | — | — |
| Common Class C | 38 | 38 | 38 | 38 |
| Additional Paid-In Capital | 178,756,712 | 180,607,510 | 182,612,518 | 184,531,535 |
| Retained Earnings | (5,289,324) | (13,623,585) | (24,190,981) | (33,566,757) |
| 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) | (515,820) | (675,390) |
| Total Fonar Corporation’s Stockholders’ Equity | 172,608,186 | 165,967,997 | 157,906,433 | 150,290,114 |
| Noncontrolling Interest | (12,503,566) | (9,179,608) | (7,079,293) | (4,053,833) |
| Total Equity | 160,104,620 | 156,788,389 | 150,827,140 | 146,236,281 |
| Common Stock | 622 | 635 | 647 | 657 |
| Total Liabilities and Equity | 216,907,877 | 214,245,969 | 200,581,887 | 199,341,982 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.