Class of Stock [Axis]
Common Stock [Member]
Common Class B [Member]
Common Class C [Member]
Class A Non Voting Preferred Stock [Member]
Preferred Stock [Member]
Preferred Class A [Member]
Equity Components [Axis]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Noncontrolling Interest [Member]
Ownership [Axis]
H D M [Member]
Related Party [Axis]
Investor [Member]
Receivable Type [Axis]
Accounts Receivable [Member]
Doubtful [Member]
Health Care Organization, Revenue Sources [Axis]
Commercial Insurance / Managed Care
Medicare/Medicaid
Workers Compensation/Personal Injury
Other
Finite-Lived Intangible Assets by Major Class [Axis]
Software and Software Development Costs [Member]
Patents and copyrights
Noncompete Agreements [Member]
Customer Relationships [Member]
Operating Activities [Axis]
Medical Equipment
Management Of Diagnostic Imaging Centers
Business Acquisition [Axis]
Rockland Management Group [Member]
Statement [Table]
Statement [Line Items]
Document Type
Amendment Flag
Amendment Description
Document Registration Statement
Document Annual Report
Document Quarterly Report
Document Transition Report
Document Shell Company Report
Document Shell Company Event Date
Document Period Start Date
Document Period End Date
Document Fiscal Period Focus
Document Fiscal Year Focus
Current Fiscal Year End Date
Entity File Number
Entity Registrant Name
Entity Central Index Key
Entity Primary SIC Number
Entity Tax Identification Number
Entity Incorporation, State or Country Code
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Three
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Country
Entity Address, Postal Zip Code
Country Region
City Area Code
Local Phone Number
Extension
Written Communications
Soliciting Material
Pre-commencement Tender Offer
Pre-commencement Issuer Tender Offer
Title of 12(b) Security
No Trading Symbol Flag
Trading Symbol
Security Exchange Name
Title of 12(g) Security
Security Reporting Obligation
Annual Information Form
Audited Annual Financial Statements
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
Elected Not To Use the Extended Transition Period
Document Accounting Standard
Other Reporting Standard Item Number
Entity Shell Company
Entity Public Float
Entity Bankruptcy Proceedings, Reporting Current
Entity Common Stock, Shares Outstanding
Documents Incorporated by Reference [Text Block]
Current Assets:
Cash and cash equivalents
Short term investments
Accounts receivable – net
Accounts receivable - related party
Medical receivable – net
Management and other fees receivable – net
Management and other fees receivable – related medical practices – net
Inventories
Prepaid expenses and other current assets
Total Current Assets
Accounts receivable – long term
Deferred income tax asset
Property and equipment – net
Right-of-use Asset – operating lease
Right-of-use Asset – financing lease
Goodwill
Other intangible assets – net
Other assets
Total Assets
Current Liabilities:
Current portion of long-term debt and capital leases
Accounts payable
Other current liabilities
Unearned revenue on service contracts
Unearned revenue on service contracts – related party
Contract liabilities
Operating lease liability - current portion
Financing lease liability - current portion
Customer deposits
Total Current Liabilities
Long-Term Liabilities:
Unearned revenue on service contracts
Deferred income tax liability
Due to related medical practices
Operating lease liability – net of current portion
Financing lease liability – net of current portion
Long-term debt and capital leases, less current portion
Other liabilities
Total Long-Term Liabilities
Total Liabilities
Preferred stock $.001 par value; 567 shares authorized at December 31, 2021 and June 30, 2021, issued and outstanding – none
Common Stock $.0001 par value; 8,500 shares authorized at December 31, 2021 and June 30, 2021, 6,566 issued at December 31, 2021 and June 30, 2021, 6,554 outstanding at December 31, 2021 and June 30, 2021
Paid-in capital in excess of par value
Accumulated deficit
Treasury stock, at cost - 12 shares of common stock at December 31, 2021 and June 30, 2021
Total Fonar Corporation’s Stockholders’ Equity
Noncontrolling interests
Total Stockholders’ Equity
Total Liabilities and Stockholders’ Equity
Preferred Stock, Par or Stated Value Per Share
Preferred Stock, Shares Authorized
Preferred Stock, Shares Issued
Preferred Stock, Shares Outstanding
Common Stock, Par or Stated Value Per Share
Common Stock, Shares Authorized
Common Stock, Shares, Issued
Common Stock, Shares, Outstanding
Treasury Stock, Shares
REVENUES
Patient fee revenue – net of contractual allowances and discounts
Product sales – net
Service and repair fees – net
Service and repair fees - related parties – net
Management and other fees – net
Management and other fees - related medical practices – net
Total Revenues – Net
COSTS AND EXPENSES
Costs related to patient fee revenue
Costs related to product sales
Costs related to service and repair fees
Costs related to service and repair fees - related parties
Costs related to management and other fees
Costs related to management and other fees – related medical practices
Research and development
Selling, general and administrative
Total Costs and Expenses
Income From Operations
Other Income/(Expense)
Interest Expense
Investment Income
Income Before Provision for Income Taxes and Noncontrolling Interests
Provision for Income Taxes
Net Income
Net Income - Noncontrolling Interests
Net Income - Attributable to FONAR
Basic Net Income Per Common Share Available to Common Stockholders
Diluted Net Income Per Common Share Available to Common Stockholders
Basic and Diluted Income Per Share
Weighted Average Number of Shares Outstanding, Basic
Weighted Average Diluted Shares Outstanding - Common Stockholders
Weighted Average Basic and Diluted Shares Outstanding Class C Common
Balance - June 30, 2020
Issuance of Common Stock
Net income
Purchase of Non controlling interest
Distributions - Non controlling
Income - Non controlling interests
Balance - December 31, 2020
Statement of Cash Flows [Abstract]
Cash Flows from Operating Activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
Amortization on right-of-use assets
Provision for bad debts
Deferred income tax – net
Compensatory element of stock issuances
Stock issued for costs and expenses
Abandoned patents
Gain on forgiveness of PPP loan
(Increase) decrease in operating assets, net:
Accounts, medical and management fee receivable(s)
Notes receivable
Inventories
Income tax receivable
Prepaid expenses and other current assets
Other assets
Increase (decrease) in operating liabilities, net:
Accounts payable
Other current liabilities
Operating lease liabilities
Financing lease liabilities
Customer deposits
Other liabilities
Net cash provided by operating activities
Cash Flows from Investing Activities:
Purchases of property and equipment
Purchase of noncontrolling interests
Cost of patents
Net cash used in investing activities
Cash Flows from Financing Activities:
Repayment of borrowings and capital lease obligations
Proceeds from debt
Distributions to noncontrolling interests
Net cash used in financing activities
Net Increase in Cash and Cash Equivalents
Cash and Cash Equivalents - Beginning of Period
Cash and Cash Equivalents - End of Period
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Receivables [Abstract]
ACCOUNTS RECEIVABLE, MEDICAL RECEIVABLE AND MANAGEMENT AND OTHER FEES RECEIVABLE
Operating Financing Leases
OPERATING & FINANCING LEASES
Inventory Disclosure [Abstract]
INVENTORIES
Regulated Operations [Abstract]
CONTRACT ASSETS AND LIABILITIES
Goodwill and Intangible Assets Disclosure [Abstract]
OTHER INTANGIBLE ASSETS
Payables and Accruals [Abstract]
OTHER CURRENT LIABILITIES
Segment Reporting [Abstract]
SEGMENT AND RELATED INFORMATION
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES
Income Tax Disclosure [Abstract]
INCOME TAXES
Business Combination and Asset Acquisition [Abstract]
ACQUISITION
Subsequent Events [Abstract]
SUBSEQUENT EVENTS
Principles of Consolidation
Revenues
BUSINESS COMBINATION
Earnings Per Share
Recent Accounting Pronouncements
Earnings Per Share
Receivables - Non Current - net
Total Facilities
Schedule of patient fee revenue
Reconcilliation of operating and financing lease payments
Inventories
Costs and Estimated Earnings on Uncompleted Contracts
Other Intagible Assets - Net
Other Current Liabilities
Summarized Segment Financial Information
Fair value assets and assumed liabilities
Net assets acquired
The ownership interest of Imperial Management Services after reorganization of newly expanded HDM
The ownership interest of Health Management Corporation of America after reorganization of newly expanded HDM
The ownership interest of the original investors of HDM after reorganization of newly expanded HDM
Non-controlling interests
Direct ownership interest percentage
Investors ownership interest percentage
Basic Numerator: Net income available to common stockholders
Basic Denominator: Weighted average shares outstanding
Basic income per common share
Diluted Denominator: Weighted average shares outstanding
Convertible Class C Stock
Total Denominator for diluted earnings per share
Diluted income per common share
Shares included upon conversion of Class C Common to calculate a diluted EPS
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable
Accounts receivable - Related party
Medical Receivables
Management and other fees receivable
Management and other fees receivable from related medical practices ("PC's")
2023
2024
2025
2026
Total
Patient fee revenue, net of contractual allowances and discounts
Percentage of PC's net revenue derived from no-fault and personal injury protection claim
Percentage of consolidated net revenue from management fees charged to related party medical practices
Operating Financing Leases - Lease Payments
Operating Lease Payments 2022
Financing Lease Payments 2022
Operating Lease Payments 2023
Financing Lease Payments 2023
Operating Lease Payments 2024
Financing Lease Payments 2024
Operating Lease Payments 2025
Financing Lease Payments 2025
Operating Lease Payments 2026
Financing Lease Payments 2026
Operating Lease Payments Thereafter
Financing Lease Payments Thereafter
Operating Lease Payments Present Value discount
Financing Lease Payments Present Value discount
Operating Lease Payments Total lease liability
Financing Lease Payments Total lease liability
Operating lease payments
Purchased parts, components and supplies
Work-in-process
Total Inventories
Costs incurred on uncompleted contracts
Estimated earnings
Costs and estimated earnings on uncompleted contracts
Less: Billings to date
Total costs and estimated earnings on uncompleted contracts
Schedule of Finite-Lived Intangible Assets [Table]
Finite-Lived Intangible Assets [Line Items]
Gross other intangible assets
Less: Accumulated amortization
Other intangible assets-net
Amortization of Intangible Assets
Accrued salaries, commissions and payroll taxes
Litigation accruals
Sales tax payable
State income taxes payable
Legal and other professional fees
Accounting fees
Self-funded health insurance reserve
Accrued interest and penalty
Other general & administrative expenses
Other Current Liabilities
Net revenues from external customers
Inter-segment net revenues
(Loss) Income from operations
Depreciation and amortization
Capital expenditures
Interest paid
Income taxes paid
Litigation settelement description
Recorded tax obligations
Interest and penalties
Maximum limit for individual claims under stop-loss umbrella policy for health insurances
Income tax expense
Income tax component - current
Income tax component - deferred
Deferred tax asset
Deferred tax liability
Operating Loss Carryforwards
Reimbursement of alternative minimum tax credits description
Schedule of Business Acquisitions, by Acquisition [Table]
Business Acquisition [Line Items]
Property and equipment
Right to use assets
Intangible assets
Security Deposit
Right to use liability
Total purchase consideration
Leasehold Improvements
Diagnostic Equipment
Customer Lists
Covenant Not to Compete
Closing costs – expensed
Cash Consideration Paid
Class A Non Voting Preferred Stock Member
The amount of accounts receivable service and repair fees.
The amount of account receivable related parties.
The amount of medical receivable.
The amount of management and other fees.
The amount of managment and other fees receivable related medical practices net allowances.
The amount of accounts receivable net long term.
The amount of unearned revenue on service contracts related parties.
The amount of customer deposits.
The amount of patient fee revenue net of contractual allowances and discounts.
The amount of product sales net.
The amount of service and repair fees net.
The amount of service and repair fees related parties net.
The amount of management and other fees net.
The amount of management and other fees related medical practices net.
The amount of costs related to product sales.
The amount of costs related to service and repair fees.
The amount of costs related to service and repair fees related parties.
The amount of costs related to management and other fees.
The amount of costs related to management and other fees related medical practices.
The amount of purchase of non controlling interest.
The amount of provision for bad debts.
The amount of compensatory element of stock issuances.
The amount of gain on forgiveness of Ppp Loan.
The amount of increase decrease in financing liabilities.
The amount of increase decrease in customer advance.
The amount of purchase of noncontrolling interests.
The amount of stock issued for costs and expenses.
Schedule of Tota lFacilities Owned Or Managed Table Text Block.
Schedule of Patient Fee Revenue Table Text Block.
Schedule of Lessee Operating Leases Liability Maturity Table Text Block.
The percentage of ownership interest rate.
HDM Member
The percentage of ownership interest rate.
The percentage of ownership interest rate.
The shares of convertible class C stock.
Accounts receivable from service and repair fees of Related Party MRI scanner customers; net of allowances for doubtful accounts
Management and other fees receivable from MRI Centers owned by non-related parties - net of allowances for doubtful accounts.
The amount of Patient fee revenue, net of contractual allowances and discounts.
Commercial Insurance Managed Care Member
Medicare Medicaid
Workers Compensation Personal Injury.
Other Revenue Source
Percentage of PCs net revenue derived from nofault and personal injury protection claims.
Percentage of consolidated net revenue from management fees.
Present value discount.
Present value discount financing lease.
The amount of costs incurred on uncompleted contracts.
Estimated Earnings on uncompleted contracts.
The amount of costs and estimated earnings on uncompleted contracts.
Amount within current period that has been billed to customer.
Amount of receivable reflecting the cost incurred on uncompleted contracts in excess of related billings, net of current billings in excess of costs and estimated earnings on uncompleted contracts
Patents and copyrights - Member - Custom elements
the value of state income taxes payable.
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances.
Medical equipment - Member - Custom element
Management of Diagnostic Imaging Centers - Member - Custom element
The amount of intersegment net revenues.
Description related to litigation settelement.
The Company maintains a self-funded health insurance program with a stop-loss umbrella policy with a third party insurer to limit the maximum potential liability for individual claims to $100,000 per person and for a maximum potential claim liability based on member enrollment. With respect to this program, the Company considers historical and projected medical utilization data when estimating its health insurance program liability and related expense.
Description of reimbursement of alternative minimum tax credits.
Rockland Management Group Member.
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Right to use assets.
The amount of right to use liability.
The amount of purchase consideration.
The amount of diagnostic equipment.
The amount of covenant not to compete.
The amount of closing costs expensed.
The amount of business combination consideration transferred other.
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.
Assets, Current
Assets
Liabilities, Current
Deferred Revenue, Noncurrent
Liabilities, Noncurrent
Liabilities
Treasury Stock, Value
Stockholders' Equity Attributable to Parent
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Liabilities and Equity
Revenues [Default Label]
Costs and Expenses
Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net
Interest Expense
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
Income Tax Expense (Benefit)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders
Increase (Decrease) in Intangible Assets, Current
GainOnForgivenessOfPppLoan
Increase (Decrease) in Accounts Receivable
Increase (Decrease) in Receivables
Increase (Decrease) in Inventories
Increase (Decrease) in Prepaid Expense
Increase (Decrease) in Other Noncurrent Assets
Increase (Decrease) in Accounts Payable
Increase (Decrease) in Other Current Liabilities
IncreaseDecreaseInFinancingLiabilities
IncreaseDecreaseInCustomerAdvance
Increase (Decrease) in Accrued Liabilities
Net Cash Provided by (Used in) Operating Activities
Payments to Acquire Property, Plant, and Equipment
PurchaseOfNoncontrollingInterests
Payments to Acquire Intangible Assets
Net Cash Provided by (Used in) Investing Activities
Repayments of Notes Payable
Payments of Ordinary Dividends, Noncontrolling Interest
Net Cash Provided by (Used in) Financing Activities
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect
Cash and Cash Equivalents, at Carrying Value
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Schedule of Inventory, Current [Table Text Block]
Construction Contractor, Receivable, Excluding Contract Retainage
Management and other fees - related medical practices - net
Less: Billings to date
Depreciation, Depletion and Amortization