| Schedule of summarized segment financial information |
| Schedule
of summarized segment financial information |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Manufacturing and Servicing of Medical |
|
Management of Diagnostic Imaging |
|
|
| Three months ended March 31, 2026 |
|
Equipment |
|
Centers |
|
Totals |
| Net revenues from external customers |
|
$ |
2,282 |
|
|
$ |
24,190 |
|
|
$ |
26,472 |
|
| Cost of Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
909 |
|
|
|
5,465 |
|
|
|
6,374 |
|
| Rent expense |
|
|
— |
|
|
|
1,233 |
|
|
|
1,233 |
|
| Other Cost of sales expenses** |
|
|
538 |
|
|
|
7,086 |
|
|
|
7,624 |
|
| Total Cost of sales |
|
$ |
1,447 |
|
|
$ |
13,784 |
|
|
$ |
15,231 |
|
| Research and development |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
194 |
|
|
|
— |
|
|
|
194 |
|
| Other research and development costs** |
|
|
230 |
|
|
|
— |
|
|
|
230 |
|
| Total Research and development costs |
|
$ |
424 |
|
|
$ |
— |
|
|
$ |
424 |
|
| Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
443 |
|
|
|
3,145 |
|
|
|
3,588 |
|
| Rent expense |
|
|
313 |
|
|
|
18 |
|
|
|
331 |
|
| Other selling, general and administrative expenses** |
|
|
2,323 |
|
|
|
2,131 |
|
|
|
4,454 |
|
| Total Selling, general and administrative expenses |
|
$ |
3,079 |
|
|
$ |
5,294 |
|
|
$ |
8,373 |
|
| Total costs and expenses |
|
$ |
4,950 |
|
|
$ |
19,078 |
|
|
$ |
24,028 |
|
| (Loss) Income from operations |
|
$ |
(2,668 |
) |
|
$ |
5,112 |
|
|
$ |
2,444 |
|
| Investment income |
|
|
20 |
|
|
|
343 |
|
|
|
363 |
|
| Other income |
|
|
16 |
|
|
|
(3 |
) |
|
|
13 |
|
| (Loss) Income before provision for income taxes |
|
$ |
(2,632 |
) |
|
$ |
5,452 |
|
|
$ |
2,820 |
|
| Provision for income taxes |
|
|
(379 |
) |
|
|
(113 |
) |
|
|
(492 |
) |
| Net (Loss) income |
|
$ |
(2,253 |
) |
|
$ |
5,339 |
|
|
$ |
2,328 |
|
| Intersegment net revenues * |
|
|
307 |
|
|
|
— |
|
|
|
307 |
|
| Depreciation and amortization |
|
|
55 |
|
|
|
1,051 |
|
|
|
1,106 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Manufacturing and Servicing of Medical |
|
Management of Diagnostic Imaging |
|
|
| Three months ended March 31, 2025 |
|
Equipment |
|
Centers |
|
Totals |
| Net revenues from external customers |
|
$ |
2,395 |
|
|
$ |
24,770 |
|
|
$ |
27,165 |
|
| Cost of Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
924 |
|
|
|
4,848 |
|
|
|
5,772 |
|
| Rent expense |
|
|
— |
|
|
|
1,224 |
|
|
|
1,224 |
|
| Other Cost of sales expenses** |
|
|
635 |
|
|
|
7,440 |
|
|
|
8,075 |
|
| Total Cost of sales |
|
$ |
1,559 |
|
|
$ |
13,512 |
|
|
$ |
15,071 |
|
| Research and development |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
192 |
|
|
|
— |
|
|
|
192 |
|
| Other research and development costs** |
|
|
249 |
|
|
|
— |
|
|
|
249 |
|
| Total Research and development costs |
|
$ |
441 |
|
|
$ |
— |
|
|
$ |
441 |
|
| Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
668 |
|
|
|
2,905 |
|
|
|
3,573 |
|
| Rent expense |
|
|
313 |
|
|
|
22 |
|
|
|
335 |
|
| Other selling, general and administrative expenses** |
|
|
787 |
|
|
|
3,296 |
|
|
|
4,083 |
|
| Total Selling, general and administrative expenses |
|
$ |
1,768 |
|
|
$ |
6,223 |
|
|
$ |
7,991 |
|
| Total costs and expenses |
|
$ |
3,768 |
|
|
$ |
19,735 |
|
|
$ |
23,503 |
|
| (Loss) Income from operations |
|
$ |
(1,373 |
) |
|
$ |
5,035 |
|
|
$ |
3,662 |
|
| Investment income |
|
|
25 |
|
|
|
438 |
|
|
|
463 |
|
| Other income (expense) |
|
|
12 |
|
|
|
(7 |
) |
|
|
5 |
|
| (Loss) Income before provision for income taxes |
|
$ |
(1,336 |
) |
|
$ |
5,466 |
|
|
$ |
4,130 |
|
| Provision for income taxes |
|
|
(902 |
) |
|
|
(104 |
) |
|
|
(1,006 |
) |
| Net (Loss) income |
|
$ |
(2,238 |
) |
|
$ |
5,362 |
|
|
$ |
3,124 |
|
| Intersegment net revenues * |
|
|
294 |
|
|
|
— |
|
|
|
294 |
|
| Depreciation and amortization |
|
|
52 |
|
|
|
1,186 |
|
|
|
1,238 |
|
*Amounts
eliminated in consolidation
**
Other segment costs include supplies, professional fees, marketing expenses, repairs and maintenance and other operational costs.
FONAR CORPORATION AND SUBSIDIARIES
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Manufacturing and Servicing of Medical |
|
Management of Diagnostic Imaging |
|
|
| Nine months ended March 31, 2026 |
|
Equipment |
|
Centers |
|
Totals |
| Net revenues from external customers |
|
$ |
7,191 |
|
|
$ |
70,871 |
|
|
$ |
78,062 |
|
| Cost of Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
2,808 |
|
|
|
15,461 |
|
|
|
18,269 |
|
| Rent expense |
|
|
— |
|
|
|
3,778 |
|
|
|
3,778 |
|
| Other Cost of sales expenses** |
|
|
1,468 |
|
|
|
23,165 |
|
|
|
24,633 |
|
| Total Cost of sales |
|
$ |
4,276 |
|
|
$ |
42,404 |
|
|
$ |
46,680 |
|
| Research and development |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
610 |
|
|
|
— |
|
|
|
610 |
|
| Other research and development costs** |
|
|
709 |
|
|
|
— |
|
|
|
709 |
|
| Total Research and development costs |
|
$ |
1,319 |
|
|
$ |
— |
|
|
$ |
1,319 |
|
| Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
1,492 |
|
|
|
8,600 |
|
|
|
10,092 |
|
| Rent expense |
|
|
939 |
|
|
|
54 |
|
|
|
993 |
|
| Other selling, general and administrative expenses** |
|
|
4,507 |
|
|
|
5,833 |
|
|
|
10,340 |
|
| Total Selling, general and administrative expenses |
|
$ |
6,938 |
|
|
$ |
14,487 |
|
|
$ |
21,425 |
|
| Total costs and expenses |
|
$ |
12,533 |
|
|
$ |
56,891 |
|
|
$ |
69,424 |
|
| (Loss) Income from operations |
|
$ |
(5,342 |
) |
|
$ |
13,980 |
|
|
$ |
8,638 |
|
| Investment income |
|
|
61 |
|
|
|
1,207 |
|
|
|
1,268 |
|
| Other income (expense) |
|
|
47 |
|
|
|
(9 |
) |
|
|
38 |
|
| (Loss) Income before provision for income taxes |
|
$ |
(5,234 |
) |
|
$ |
15,178 |
|
|
$ |
9,944 |
|
| Provision for income taxes |
|
|
(2,163 |
) |
|
|
(244 |
) |
|
|
(2,407 |
) |
| Net (Loss) income |
|
$ |
(7,397 |
) |
|
$ |
14,934 |
|
|
$ |
7,537 |
|
| Intersegment net revenues * |
|
|
919 |
|
|
|
— |
|
|
|
919 |
|
| Depreciation and amortization |
|
|
149 |
|
|
|
3,298 |
|
|
|
3,447 |
|
| Total identifiable assets |
|
$ |
34,007 |
|
|
$ |
185,215 |
|
|
$ |
219,222 |
|
* Amounts
eliminated in consolidation
**
Other segment costs include supplies, professional fees, marketing expenses, repairs and maintenance and other operational costs.
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Manufacturing and Servicing of Medical |
|
Management of Diagnostic Imaging |
|
|
| Nine months ended March 31, 2025 |
|
Equipment |
|
Centers |
|
Totals |
| Net revenues from external customers |
|
$ |
6,382 |
|
|
$ |
70,693 |
|
|
$ |
77,075 |
|
| Cost of Sales |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
2,736 |
|
|
|
14,419 |
|
|
|
17,155 |
|
| Rent expense |
|
|
— |
|
|
|
3,601 |
|
|
|
3,601 |
|
| Other Cost of sales expenses** |
|
|
1,390 |
|
|
|
23,046 |
|
|
|
24,436 |
|
| Total Cost of sales |
|
$ |
4,126 |
|
|
$ |
41,066 |
|
|
$ |
45,192 |
|
| Research and development |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
561 |
|
|
|
— |
|
|
|
561 |
|
| Other research and development costs** |
|
|
563 |
|
|
|
— |
|
|
|
563 |
|
| Total Research and development costs |
|
$ |
1,124 |
|
|
$ |
— |
|
|
$ |
1,124 |
|
| Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Salaries and wages |
|
|
1,701 |
|
|
|
8,216 |
|
|
|
9,917 |
|
| Rent expense |
|
|
939 |
|
|
|
68 |
|
|
|
1,007 |
|
| Other selling, general and administrative expenses** |
|
|
2,200 |
|
|
|
6,931 |
|
|
|
9,131 |
|
| Total Selling, general and administrative expenses |
|
$ |
4,840 |
|
|
$ |
15,215 |
|
|
$ |
20,055 |
|
| Total costs and expenses |
|
$ |
10,090 |
|
|
$ |
56,281 |
|
|
$ |
66,371 |
|
| (Loss) Income from operations |
|
$ |
(3,708 |
) |
|
$ |
14,412 |
|
|
$ |
10,704 |
|
| Investment income |
|
|
83 |
|
|
|
1,543 |
|
|
|
1,626 |
|
| Other income (expense) |
|
|
38 |
|
|
|
(21 |
) |
|
|
17 |
|
| (Loss) Income before provision for income taxes |
|
$ |
(3,587 |
) |
|
$ |
15,934 |
|
|
$ |
12,347 |
|
| Provision for income taxes |
|
|
(2,796 |
) |
|
|
(222 |
) |
|
|
(3,018 |
) |
| Net (Loss) income |
|
$ |
(6,383 |
) |
|
$ |
15,712 |
|
|
$ |
9,329 |
|
| Intersegment net revenues * |
|
|
881 |
|
|
|
— |
|
|
|
881 |
|
| Depreciation and amortization |
|
|
157 |
|
|
|
2,184 |
|
|
|
2,341 |
|
| Total identifiable assets |
|
$ |
33,577 |
|
|
$ |
181,346 |
|
|
$ |
214,923 |
|
* Amounts eliminated in consolidation
** Other segment costs include supplies, professional
fees, marketing expenses, repairs and maintenance and other operational costs.
|