2016 Q4 Form 10-Q Financial Statement

#000035501917000004 Filed on February 09, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $382.0K $524.0K
YoY Change -27.1% 4.59%
Cost Of Revenue -$34.00K $564.0K
YoY Change -106.03% 137.97%
Gross Profit $416.0K -$40.00K
YoY Change -1140.0% -115.15%
Gross Profit Margin 108.9% -7.63%
Selling, General & Admin $4.069M $3.869M
YoY Change 5.17% 1.18%
% of Gross Profit 978.13%
Research & Development $361.0K $412.0K
YoY Change -12.38% 14.76%
% of Gross Profit 86.78%
Depreciation & Amortization $863.0K $848.0K
YoY Change 1.77% -4.5%
% of Gross Profit 207.45%
Operating Expenses $4.430M $4.281M
YoY Change 3.48% 2.34%
Operating Profit -$4.014M -$4.321M
YoY Change -7.1% 10.26%
Interest Expense -$77.00K -$139.0K
YoY Change -44.6% -180.81%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change -100.0%
Pretax Income $4.581M $4.144M
YoY Change 10.55% 18.94%
Income Tax $353.0K -$40.00K
% Of Pretax Income 7.71% -0.97%
Net Earnings $4.242M $3.493M
YoY Change 21.44% 31.41%
Net Earnings / Revenue 1110.47% 666.6%
Basic Earnings Per Share $0.69 $0.58
Diluted Earnings Per Share $635.7K $532.0K
COMMON SHARES
Basic Shares Outstanding 6.158M shares 6.051M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.700M $13.00M
YoY Change -40.77% 11.11%
Cash & Equivalents $7.692M $12.95M
Short-Term Investments
Other Short-Term Assets $900.0K $800.0K
YoY Change 12.5% 0.0%
Inventory $2.700M $2.500M
Prepaid Expenses
Receivables $37.10M $4.400M
Other Receivables $0.00 $28.10M
Total Short-Term Assets $48.45M $48.74M
YoY Change -0.61% 4.19%
LONG-TERM ASSETS
Property, Plant & Equipment $14.91M $12.28M
YoY Change 21.48% -12.0%
Goodwill $3.322M $1.767M
YoY Change 88.0% 0.0%
Intangibles $7.202M $8.348M
YoY Change -13.73% -15.96%
Long-Term Investments
YoY Change
Other Assets $14.40M $9.300M
YoY Change 54.84% 40.91%
Total Long-Term Assets $39.85M $31.66M
YoY Change 25.89% -1.74%
TOTAL ASSETS
Total Short-Term Assets $48.45M $48.74M
Total Long-Term Assets $39.85M $31.66M
Total Assets $88.30M $80.40M
YoY Change 9.83% 1.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.470M $1.291M
YoY Change 13.87% -46.14%
Accrued Expenses $6.700M $7.200M
YoY Change -6.94% -4.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.700M $2.500M
YoY Change -32.0% -13.79%
Total Short-Term Liabilities $17.27M $19.00M
YoY Change -9.1% -8.89%
LONG-TERM LIABILITIES
Long-Term Debt $400.0K $4.500M
YoY Change -91.11% -34.78%
Other Long-Term Liabilities $1.100M $800.0K
YoY Change 37.5% 100.0%
Total Long-Term Liabilities $2.004M $5.776M
YoY Change -65.3% -27.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.27M $19.00M
Total Long-Term Liabilities $2.004M $5.776M
Total Liabilities $19.28M $24.78M
YoY Change -22.21% -14.02%
SHAREHOLDERS EQUITY
Retained Earnings -$112.8M
YoY Change
Common Stock $176.0M $175.4M
YoY Change 0.3% 0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost) -$675.0K $675.0K
YoY Change -200.0% 0.0%
Treasury Stock Shares
Shareholders Equity $62.50M $44.80M
YoY Change
Total Liabilities & Shareholders Equity $88.29M $80.42M
YoY Change 9.78% 1.75%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $4.242M $3.493M
YoY Change 21.44% 31.41%
Depreciation, Depletion And Amortization $863.0K $848.0K
YoY Change 1.77% -4.5%
Cash From Operating Activities $3.310M $4.450M
YoY Change -25.62% 47.35%
INVESTING ACTIVITIES
Capital Expenditures -$960.0K -$390.0K
YoY Change 146.15% 680.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$960.0K -$390.0K
YoY Change 146.15% 680.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.640M -2.080M
YoY Change 26.92% 6.12%
NET CHANGE
Cash From Operating Activities 3.310M 4.450M
Cash From Investing Activities -960.0K -390.0K
Cash From Financing Activities -2.640M -2.080M
Net Change In Cash -290.0K 1.980M
YoY Change -114.65% 96.04%
FREE CASH FLOW
Cash From Operating Activities $3.310M $4.450M
Capital Expenditures -$960.0K -$390.0K
Free Cash Flow $4.270M $4.840M
YoY Change -11.78% 57.65%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
7692000 usd
CY2016Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
8528000 usd
CY2016Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
2735000 usd
CY2016Q2 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
2074000 usd
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
926000 usd
CY2016Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
759000 usd
CY2016Q4 us-gaap Assets Current
AssetsCurrent
48446000 usd
CY2016Q2 us-gaap Assets Current
AssetsCurrent
45560000 usd
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14914000 usd
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14513000 usd
CY2016Q4 us-gaap Other Assets
OtherAssets
560000 usd
CY2016Q2 us-gaap Other Assets
OtherAssets
732000 usd
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1674000 usd
CY2016Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2448000 usd
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1470000 usd
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1254000 usd
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8109000 usd
CY2016Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10827000 usd
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4752000 usd
CY2016Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4679000 usd
CY2016Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
1036000 usd
CY2016Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
1199000 usd
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
17272000 usd
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
20614000 usd
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
411000 usd
CY2016Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2059000 usd
CY2016Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2004000 usd
CY2016Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3498000 usd
CY2016Q4 us-gaap Liabilities
Liabilities
19276000 usd
CY2016Q2 us-gaap Liabilities
Liabilities
24112000 usd
CY2016Q4 us-gaap Other Deferred Credits Current
OtherDeferredCreditsCurrent
55000 usd
CY2016Q2 us-gaap Other Deferred Credits Current
OtherDeferredCreditsCurrent
usd
CY2016Q4 us-gaap Goodwill
Goodwill
3322000 usd
CY2016Q2 us-gaap Goodwill
Goodwill
3322000 usd
CY2016Q4 us-gaap Accounts Payable Related Parties Noncurrent
AccountsPayableRelatedPartiesNoncurrent
228000 usd
CY2016Q2 us-gaap Accounts Payable Related Parties Noncurrent
AccountsPayableRelatedPartiesNoncurrent
245000 usd
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
742000 usd
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
335000 usd
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
760000 usd
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
93000 usd
CY2015Q4 us-gaap Maintenance Revenue
MaintenanceRevenue
2280000 usd
us-gaap Maintenance Revenue
MaintenanceRevenue
4708000 usd
us-gaap Maintenance Revenue
MaintenanceRevenue
4564000 usd
CY2016Q4 us-gaap Maintenance Revenue
MaintenanceRevenue
2356000 usd
CY2015Q4 FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
28000 usd
FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
55000 usd
FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
55000 usd
CY2016Q4 FONR Service And Repair Fees Related Parties Net
ServiceAndRepairFeesRelatedPartiesNet
28000 usd
CY2015Q4 us-gaap Management Fees Revenue
ManagementFeesRevenue
8958000 usd
us-gaap Management Fees Revenue
ManagementFeesRevenue
18625000 usd
us-gaap Management Fees Revenue
ManagementFeesRevenue
17786000 usd
CY2016Q4 us-gaap Management Fees Revenue
ManagementFeesRevenue
9364000 usd
CY2015Q4 FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
1845000 usd
FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
3814000 usd
FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
3691000 usd
CY2016Q4 FONR Management And Other Fees Related Medical Practices Net
ManagementAndOtherFeesRelatedMedicalPracticesNet
1907000 usd
CY2015Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
564000 usd
us-gaap Cost Of Goods Sold
CostOfGoodsSold
179000 usd
us-gaap Cost Of Goods Sold
CostOfGoodsSold
676000 usd
CY2016Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
-34000 usd
CY2015Q4 us-gaap Maintenance Costs
MaintenanceCosts
447000 usd
us-gaap Maintenance Costs
MaintenanceCosts
1339000 usd
us-gaap Maintenance Costs
MaintenanceCosts
990000 usd
CY2016Q4 us-gaap Maintenance Costs
MaintenanceCosts
683000 usd
CY2015Q4 FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
5000 usd
FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
16000 usd
FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
12000 usd
CY2016Q4 FONR Costs Related To Service And Repair Fees Related Parties
CostsRelatedToServiceAndRepairFeesRelatedParties
8000 usd
CY2015Q4 us-gaap Service Management Costs
ServiceManagementCosts
5597000 usd
us-gaap Service Management Costs
ServiceManagementCosts
10518000 usd
us-gaap Service Management Costs
ServiceManagementCosts
11015000 usd
CY2016Q4 us-gaap Service Management Costs
ServiceManagementCosts
5257000 usd
CY2015Q4 FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
1012000 usd
FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
2080000 usd
FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
2070000 usd
CY2016Q4 FONR Costs Related To Management And Other Fees Related Medical Practices
CostsRelatedToManagementAndOtherFeesRelatedMedicalPractices
1127000 usd
CY2015Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
412000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
773000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
849000 usd
CY2016Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
361000 usd
CY2015Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3869000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8135000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8061000 usd
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4069000 usd
CY2015Q4 us-gaap Costs And Expenses
CostsAndExpenses
14144000 usd
us-gaap Costs And Expenses
CostsAndExpenses
27777000 usd
us-gaap Costs And Expenses
CostsAndExpenses
28139000 usd
CY2016Q4 us-gaap Costs And Expenses
CostsAndExpenses
13794000 usd
CY2015Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-611000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1622000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1214000 usd
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-692000 usd
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
3493000 usd
us-gaap Net Income Loss
NetIncomeLoss
7812000 usd
us-gaap Net Income Loss
NetIncomeLoss
6355000 usd
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
4242000 usd
CY2016Q4 us-gaap Assets Net
AssetsNet
88286000 usd
CY2016Q2 us-gaap Assets Net
AssetsNet
84888000 usd
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
18369000 usd
us-gaap Sales Revenue Net
SalesRevenueNet
37138000 usd
us-gaap Sales Revenue Net
SalesRevenueNet
35979000 usd
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
18403000 usd
CY2015Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
387000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1603000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
451000 usd
CY2016Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
961000 usd
CY2015Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
848000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1719000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1677000 usd
CY2016Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
863000 usd
CY2015Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4225000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9361000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
7840000 usd
CY2016Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4609000 usd
CY2015Q4 us-gaap Revenues
Revenues
524000 usd
us-gaap Revenues
Revenues
763000 usd
us-gaap Revenues
Revenues
1048000 usd
CY2016Q4 us-gaap Revenues
Revenues
382000 usd
CY2015Q4 us-gaap Profit Loss
ProfitLoss
4104000 usd
us-gaap Profit Loss
ProfitLoss
9434000 usd
us-gaap Profit Loss
ProfitLoss
7569000 usd
CY2016Q4 us-gaap Profit Loss
ProfitLoss
4934000 usd
CY2016Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
1493000 usd
CY2016Q2 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
1592000 usd
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12371000 usd
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11757000 usd
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7202000 usd
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7719000 usd
CY2015Q4 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
2238000 usd
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
4737000 usd
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
4466000 usd
CY2016Q4 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
2323000 usd
CY2015Q4 FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.6 pure
FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.62 pure
FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.6 pure
CY2016Q4 FONR Net Revenues Derived From Nofault And Personal Injury Protection Claims
NetRevenuesDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.62 pure
CY2015Q4 FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.1 pure
FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.103 pure
FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.103 pure
CY2016Q4 FONR Net Revenues From Management And Other Fees Charged To Related Pcs
NetRevenuesFromManagementAndOtherFeesChargedToRelatedPcs
-0.104 pure
CY2016Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
2344000 usd
CY2016Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
2538000 usd
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
175970000 usd
CY2016Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
173702000 usd
CY2016Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
-20000 usd
CY2016Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
-24000 usd
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
-675000 usd
CY2016Q2 us-gaap Treasury Stock Value
TreasuryStockValue
-675000 usd
CY2016Q4 us-gaap Stockholders Equity Attributable To Parent Not Allowable For Net Capital
StockholdersEquityAttributableToParentNotAllowableForNetCapital
62464000 usd
CY2016Q2 us-gaap Stockholders Equity Attributable To Parent Not Allowable For Net Capital
StockholdersEquityAttributableToParentNotAllowableForNetCapital
52380000 usd
CY2016Q4 us-gaap Minority Interest
MinorityInterest
6546000 usd
CY2016Q2 us-gaap Minority Interest
MinorityInterest
8396000 usd
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
88286000 usd
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
84888000 usd
us-gaap Interest Paid
InterestPaid
119000 usd
us-gaap Interest Paid
InterestPaid
194000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
740000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
90000 usd
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
4000 usd
CY2016Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
392000 usd
CY2016Q4 FONR Maximum Limit For Individual Claims Under Stoploss Umbrella Policy For Health Insurance
MaximumLimitForIndividualClaimsUnderStoplossUmbrellaPolicyForHealthInsurance
100000 usd
CY2016Q4 FONR Medical Receivable
MedicalReceivable
10824000 usd
CY2016Q2 FONR Medical Receivable
MedicalReceivable
10127000 usd
CY2016Q4 FONR Management And Other Fees Non Related Parties
ManagementAndOtherFees_NonRelatedParties
17420000 usd
CY2016Q2 FONR Management And Other Fees Non Related Parties
ManagementAndOtherFees_NonRelatedParties
15638000 usd
CY2016Q4 FONR Accounts Receivable Net Related Party
AccountsReceivableNetRelatedParty
60000 usd
CY2016Q2 FONR Accounts Receivable Net Related Party
AccountsReceivableNetRelatedParty
usd
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
1000 usd
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
1000 usd
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
69010000 usd
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
60776000 usd
CY2016Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
13842000 usd
CY2016Q2 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
13042000 usd
CY2016Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
482000 usd
CY2016Q2 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
482000 usd
CY2016Q4 us-gaap Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
176000 usd
CY2016Q2 us-gaap Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
207000 usd
CY2015Q4 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
7786000 usd
us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
17481000 usd
us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
15901000 usd
CY2016Q4 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
8657000 usd
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-40000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
153000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-90000 usd
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
353000 usd
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-836000 usd
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3505000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5890000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3956000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
4000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
4000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
-3472000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
-2713000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
-2422000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
-1247000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1603000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-451000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
-96000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
-42000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
-1507000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
-409000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-17000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
10000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
170000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
75000 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-163000 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-436000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-2590000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1047000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
216000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-491000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
172000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-35000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-178000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
77000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-661000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-67000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
12000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
17000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2701000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2215000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1719000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1677000 usd
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6051000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6131000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6051000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6158000 shares
CY2016Q4 FONR Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
723000 usd
CY2016Q2 FONR Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
894000 usd
CY2016Q4 FONR Estimated Earnings
EstimatedEarnings
594000 usd
CY2016Q2 FONR Estimated Earnings
EstimatedEarnings
491000 usd
CY2016Q4 FONR Subtotal Costs Estimated Earnings And Billings On Uncompleted Contracts Plus Costs Incurred On Uncompleted Contracts
SubtotalCostsEstimatedEarningsAndBillingsOnUncompletedContractsPlusCostsIncurredOnUncompletedContracts
1317000 usd
CY2016Q2 FONR Subtotal Costs Estimated Earnings And Billings On Uncompleted Contracts Plus Costs Incurred On Uncompleted Contracts
SubtotalCostsEstimatedEarningsAndBillingsOnUncompletedContractsPlusCostsIncurredOnUncompletedContracts
1385000 usd
CY2016Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1085000 usd
CY2016Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3189000 usd
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
245000 usd
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
545000 usd
CY2016Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2344000 usd
CY2016Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2402000 usd
CY2016Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
374000 usd
CY2016Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
385000 usd
CY2016Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
92000 usd
CY2016Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
242000 usd
CY2016Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2538000 usd
CY2016Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2487000 usd
CY2016Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1382000 usd
CY2016Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1140000 usd
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
110029000 usd
CY2015Q4 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
-3270000 usd
us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
-7880000 usd
us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
-6778000 usd
CY2016Q4 us-gaap Health Care Organization Patient Service Revenue Provisionfor Bad Debts
HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
-4002000 usd
CY2016Q4 FONR Managment And Other Fees Receivable Related Medical Practices Net Allowances
ManagmentAndOtherFeesReceivableRelatedMedicalPracticesNetAllowances
4464000 usd
CY2016Q2 FONR Managment And Other Fees Receivable Related Medical Practices Net Allowances
ManagmentAndOtherFeesReceivableRelatedMedicalPracticesNetAllowances
4064000 usd
CY2016Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
-176000 usd
CY2016Q2 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
-207000 usd
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
883000 usd
CY2016Q2 us-gaap Other Liabilities
OtherLiabilities
712000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6657000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7912000 usd
CY2016Q4 FONR Accounts Receivable Service And Repair Fees
AccountsReceivableServiceAndRepairFees
4325000 usd
CY2016Q2 FONR Accounts Receivable Service And Repair Fees
AccountsReceivableServiceAndRepairFees
4370000 usd
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
FONR Provision For Bad Debts
ProvisionForBadDebts
-194000 usd
FONR Provision For Bad Debts
ProvisionForBadDebts
169000 usd
CY2015Q3 FONR Hmca Ownership Size Of Imperial Management Services Percent
HmcaOwnershipSizeOfImperialManagementServicesPercent
0.242 pure
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4144000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9281000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7659000 usd
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4581000 usd
CY2015Q4 us-gaap Investment Income Net
InvestmentIncomeNet
58000 usd
us-gaap Investment Income Net
InvestmentIncomeNet
97000 usd
us-gaap Investment Income Net
InvestmentIncomeNet
107000 usd
CY2016Q4 us-gaap Investment Income Net
InvestmentIncomeNet
49000 usd
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7692000 usd
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8528000 usd
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9449000 usd
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12954000 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
2239000 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
usd
CY2016Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
263000 usd
CY2016Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
212000 usd
CY2016Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
2472000 usd
CY2016Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
1862000 usd
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19573000 usd
CY2016Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19476000 usd
CY2015Q3 FONR Ownership Interest After Reorganization For Health Management Corporation Of America Of Newly Expanded Hdm Percent
OwnershipInterestAfterReorganizationForHealthManagementCorporationOfAmericaOfNewlyExpandedHdmPercent
0.458 pure
CY2015Q3 FONR Ownership Interest After Reorganization For Hdm Original Investors Of Newly Expanded Hdm Percent
OwnershipInterestAfterReorganizationForHdmOriginalInvestorsOfNewlyExpandedHdmPercent
0.3 pure
dei Entity Registrant Name
EntityRegistrantName
Fonar Corporation
dei Entity Central Index Key
EntityCentralIndexKey
0000355019
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
usd
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
403000 usd
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
45000 usd
CY2016Q2 us-gaap Interest Payable Current
InterestPayableCurrent
45000 usd
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
4225000 usd
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
9361000 usd
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
7840000 usd
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
4609000 usd
CY2015Q4 us-gaap Interest Expense
InterestExpense
-139000 usd
us-gaap Interest Expense
InterestExpense
-174000 usd
us-gaap Interest Expense
InterestExpense
-289000 usd
CY2016Q4 us-gaap Interest Expense
InterestExpense
-77000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1000 usd
CY2015Q4 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
4516000 usd
us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
9601000 usd
us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
9123000 usd
CY2016Q4 us-gaap Health Care Organization Patient Service Revenue Less Provision For Bad Debts
HealthCareOrganizationPatientServiceRevenueLessProvisionForBadDebts
4655000 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
27000 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
usd
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-112812000 usd
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-120624000 usd
CY2016Q2 FONR Hmca Ownership Percentage Of Imperial
HmcaOwnershipPercentageOfImperial
1 pure
CY2016Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
usd
CY2016Q2 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
usd
FONR Shares Of Common Stock Issued In Settlement Of Liabilities Shares.
SharesOfCommonStockIssuedInSettlementOfLiabilitiesShares.
107000 shares
FONR Value Of Shares Issued To Employees As Compensation Value.
ValueOfSharesIssuedToEmployeesAsCompensationValue.
27000 usd
FONR Value Of Shares Issued In Settlement Of Liabilities Value.
ValueOfSharesIssuedInSettlementOfLiabilitiesValue.
2239000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif"></font></p> <p style="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif"><u>Reclassifications</u></font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">&#160;</font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">Certain prior year amounts have been reclassified to conform to the current year presentation. The reclassifcations did not have any effect on reported consolidated net income for any periods presented.</font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">&#160;</font></p>
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
shares
FONR Included In Accompanying Condensed Consolidated Balance Sheets
IncludedInAccompanyingCondensedConsolidatedBalanceSheets
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 9pt; text-align: justify; text-indent: -9pt"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">Included in the accompanying condensed consolidated balance sheets under the following captions:</font></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 9pt; text-align: justify; text-indent: -9pt"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"> <tr style="text-align: center; vertical-align: bottom"> <td style="font-weight: normal; font-style: normal">&#160;</td><td style="font-weight: normal; font-style: normal; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="font-weight: normal; font-style: normal; border-bottom: Black 1pt solid">December 31, 2016</td><td style="font-weight: normal; font-style: normal; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="font-weight: normal; font-style: normal; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">June 30,</p> <p style="margin-top: 0; margin-bottom: 0">2016</p></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">Costs and estimated earnings in excess of billings on uncompleted contracts</td><td style="font-weight: normal; font-style: normal">&#160;</td> <td style="font-weight: normal; font-style: normal; text-align: left">$</td><td style="font-weight: normal; font-style: normal; text-align: right">&#8212;&#160;&#160;</td><td style="font-weight: normal; font-style: normal; text-align: left">&#160;</td><td style="font-weight: normal; font-style: normal">&#160;</td> <td style="font-weight: normal; font-style: normal; text-align: left">$</td><td style="font-weight: normal; font-style: normal; text-align: right">&#8212;&#160;&#160;</td><td style="font-weight: normal; font-style: normal; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 65%; font-weight: normal; font-style: normal; text-align: left; padding-bottom: 1pt; text-indent: -9pt; padding-left: 9pt">Less: Billings in excess of costs and estimated earnings on uncompleted contracts</td><td style="width: 3%; font-weight: normal; font-style: normal; padding-bottom: 1pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left">&#160;</td><td style="width: 10%; border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right">176</td><td style="width: 1%; padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left">&#160;</td><td style="width: 8%; font-weight: normal; font-style: normal; padding-bottom: 1pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: left">&#160;</td><td style="width: 10%; border-bottom: Black 1pt solid; font-weight: normal; font-style: normal; text-align: right">207</td><td style="width: 1%; padding-bottom: 1pt; font-weight: normal; font-style: normal; text-align: left">&#160;</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">Total Costs and estimated earnings in excess of billings on uncompleted contracts</td><td style="font-weight: normal; font-style: normal; padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right">(176</td><td style="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left">)</td><td style="font-weight: normal; font-style: normal; padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: normal; font-style: normal; text-align: right">(207</td><td style="padding-bottom: 2.5pt; font-weight: normal; font-style: normal; text-align: left">)</td></tr> </table> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: normal 10pt Arial, Helvetica, Sans-Serif">&#160;</font></p>
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-800000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
usd
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1000 shares
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
2000 usd
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
200 shares

Files In Submission

Name View Source Status
0000355019-17-000004-index-headers.html Edgar Link pending
0000355019-17-000004-index.html Edgar Link pending
0000355019-17-000004.txt Edgar Link pending
0000355019-17-000004-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fonar_10q-20161231.htm Edgar Link pending
fonar_ex-31.htm Edgar Link pending
fonar_ex-32.htm Edgar Link pending
fonr-20160930.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
fonr-20160930_def.xml Edgar Link unprocessable
fonr-20160930_lab.xml Edgar Link unprocessable
fonr-20160930_pre.xml Edgar Link unprocessable
fonr-20160930.xml Edgar Link completed
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
fonr-20160930_cal.xml Edgar Link unprocessable