2022 Q2 Form 10-K Financial Statement

#000035501922000042 Filed on September 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 2021
Revenue $24.81M $97.59M $89.93M
YoY Change 0.47% 8.52% 4.95%
Cost Of Revenue $12.70M $50.58M $46.46M
YoY Change 1.28% 8.87% 7.29%
Gross Profit $12.11M $47.01M $43.47M
YoY Change -0.37% 8.14% 2.53%
Gross Profit Margin 48.82% 48.17% 48.34%
Selling, General & Admin $7.585M $23.51M $24.74M
YoY Change -4.26% -4.96% -7.4%
% of Gross Profit 62.61% 50.01% 56.91%
Research & Development $385.2K $1.494M $1.636M
YoY Change -1.98% -8.67% -19.23%
% of Gross Profit 3.18% 3.18% 3.76%
Depreciation & Amortization $992.2K $4.535M $4.082M
YoY Change 1.07% 11.11% 4.43%
% of Gross Profit 8.19% 9.65% 9.39%
Operating Expenses $7.970M $25.01M $26.38M
YoY Change -4.15% -5.19% -8.23%
Operating Profit $4.144M $5.309M -$7.094M
YoY Change 7.82% -174.84% -151.94%
Interest Expense -$270.4K $346.6K $248.7K
YoY Change 106.82% 39.37% 234.58%
% of Operating Profit -6.52% 6.53%
Other Income/Expense, Net $3.090K $861.1K $504.5K
YoY Change -99.38% 70.7% 612.79%
Pretax Income $3.877M $22.77M $17.67M
YoY Change -7.99% 28.89% 24.85%
Income Tax $223.5K $5.534M $3.992M
% Of Pretax Income 5.76% 24.31% 22.6%
Net Earnings $2.243M $12.44M $10.21M
YoY Change 211.26% 21.88% 23.88%
Net Earnings / Revenue 9.04% 12.75% 11.35%
Basic Earnings Per Share $1.78 $1.47
Diluted Earnings Per Share $317.6K $1.761M $1.455M
COMMON SHARES
Basic Shares Outstanding 6.554M shares 6.505M shares
Diluted Shares Outstanding 6.682M shares 6.633M shares

Balance Sheet

Concept 2022 Q2 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.76M $48.76M $44.49M
YoY Change 9.58% 9.58% 20.9%
Cash & Equivalents $48.72M $48.72M $44.46M
Short-Term Investments $32.33K $32.33K $32.18K
Other Short-Term Assets $1.104M $1.104M $1.227M
YoY Change -10.03% -10.03% -31.81%
Inventory $2.360M $2.360M $1.663M
Prepaid Expenses
Receivables $66.47M $66.47M $61.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $118.7M $118.7M $108.6M
YoY Change 9.3% 9.3% 13.23%
LONG-TERM ASSETS
Property, Plant & Equipment $22.28M $57.44M $53.11M
YoY Change 1.98% 8.16% -1.83%
Goodwill $4.269M
YoY Change 0.01%
Intangibles $3.704M
YoY Change -8.27%
Long-Term Investments
YoY Change
Other Assets $13.37M $13.37M $16.63M
YoY Change -19.59% -19.59% -14.74%
Total Long-Term Assets $80.66M $80.66M $80.92M
YoY Change -0.33% -0.33% -4.12%
TOTAL ASSETS
Total Short-Term Assets $118.7M $118.7M $108.6M
Total Long-Term Assets $80.66M $80.66M $80.92M
Total Assets $199.3M $199.3M $189.5M
YoY Change 5.19% 5.19% 5.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.551M $1.551M $1.866M
YoY Change -16.87% -16.87% -6.7%
Accrued Expenses $8.981M $8.981M $11.14M
YoY Change -19.4% -19.4% 3.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $195.5K $250.2K $376.0K
YoY Change -79.06% -33.44% 87.98%
Total Short-Term Liabilities $16.75M $16.75M $20.05M
YoY Change -16.46% -16.46% 7.22%
LONG-TERM LIABILITIES
Long-Term Debt $993.7K $993.7K $1.809M
YoY Change -45.06% -45.06% -13.87%
Other Long-Term Liabilities $35.15M $35.15M $32.04M
YoY Change 9.7% 9.7% -2.91%
Total Long-Term Liabilities $36.36M $36.14M $33.85M
YoY Change 6.66% 6.77% -3.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.75M $16.75M $20.05M
Total Long-Term Liabilities $36.36M $36.14M $33.85M
Total Liabilities $53.11M $49.05M $51.09M
YoY Change -1.9% -3.98% -5.57%
SHAREHOLDERS EQUITY
Retained Earnings -$33.57M
YoY Change -27.04%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $675.4K
YoY Change 0.06%
Treasury Stock Shares 11.64K shares
Shareholders Equity $150.3M $150.3M $138.4M
YoY Change
Total Liabilities & Shareholders Equity $199.3M $199.3M $189.5M
YoY Change 5.19% 5.19% 5.11%

Cashflow Statement

Concept 2022 Q2 2022 2021
OPERATING ACTIVITIES
Net Income $2.243M $12.44M $10.21M
YoY Change 211.26% 21.88% 23.88%
Depreciation, Depletion And Amortization $992.2K $4.535M $4.082M
YoY Change 1.07% 11.11% 4.43%
Cash From Operating Activities $5.184M $15.30M $19.09M
YoY Change -12.84% -19.84% -6.44%
INVESTING ACTIVITIES
Capital Expenditures -$766.2K $4.545M $3.533M
YoY Change 18.46% 28.65% -53.04%
Acquisitions
YoY Change
Other Investing Activities -$150.00 -$546.2K -$1.123M
YoY Change -94.64% -51.36% -107.46%
Cash From Investing Activities -$766.3K -$5.179M -$4.820M
YoY Change 17.97% 7.46% -164.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.705M -$5.859M -$6.610M
YoY Change 3.34% -11.36% 34.77%
NET CHANGE
Cash From Operating Activities 5.184M $15.30M $19.09M
Cash From Investing Activities -766.3K -$5.179M -$4.820M
Cash From Financing Activities -1.705M -$5.859M -$6.610M
Net Change In Cash 2.713M $4.263M $7.658M
YoY Change -25.64% -44.34% -66.59%
FREE CASH FLOW
Cash From Operating Activities $5.184M $15.30M $19.09M
Capital Expenditures -$766.2K $4.545M $3.533M
Free Cash Flow $5.951M $10.76M $15.55M
YoY Change -9.77% -30.85% 20.77%

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23512581 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24740044 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
75584963 usd
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
72832150 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
22007182 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
17097615 usd
CY2022 us-gaap Interest Expense
InterestExpense
346552 usd
CY2021 us-gaap Interest Expense
InterestExpense
248665 usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
247158 usd
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
311931 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
861087 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
504450 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22768875 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17665331 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5534487 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3991520 usd
CY2022 us-gaap Profit Loss
ProfitLoss
17234388 usd
CY2021 us-gaap Profit Loss
ProfitLoss
13673811 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4793482 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3466223 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
12440906 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
10207588 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11690796 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9592134 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.78
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.47
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.75
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.45
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6554209 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6505283 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6681713 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6632787 shares
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
126242216 usd
CY2021 us-gaap Profit Loss
ProfitLoss
13673811 usd
CY2021 FONR Stock Issued To Employees Under Stock Bonus Plans Value
StockIssuedToEmployeesUnderStockBonusPlansValue
2024098 usd
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6570000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
135370125 usd
CY2022 us-gaap Profit Loss
ProfitLoss
17234388 usd
CY2022 FONR Buyout Of Noncontrolling Interests
BuyoutOfNoncontrollingInterests
-546000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5822232 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
146236281 usd
CY2022 us-gaap Profit Loss
ProfitLoss
17234388 usd
CY2021 us-gaap Profit Loss
ProfitLoss
13673811 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
4535236 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
4081687 usd
CY2022 FONR Provision For Bad Debts
ProvisionForBadDebts
1343533 usd
CY2021 FONR Provision For Bad Debts
ProvisionForBadDebts
5585989 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3093893 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2855006 usd
CY2021 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
671185 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
4000131 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1458053 usd
CY2021 FONR Compensatory Element Of Stock Issuances
CompensatoryElementOfStockIssuances
83277 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
1940821 usd
CY2021 us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
-534 usd
CY2022 FONR Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
700764 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5602188 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12110859 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-43334 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-46944 usd
CY2021 us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
-152833 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
696402 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14649 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-90638 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-526425 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-129411 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
18087 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-314766 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-99224 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-3765215 usd
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
1382497 usd
CY2022 FONR Increase Decrease In Customer Advance
IncreaseDecreaseInCustomerAdvance
-369856 usd
CY2021 FONR Increase Decrease In Customer Advance
IncreaseDecreaseInCustomerAdvance
-123478 usd
CY2022 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-3437743 usd
CY2021 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-965825 usd
CY2022 FONR Increase Decrease In Financing Liabilities
IncreaseDecreaseInFinancingLiabilities
202741 usd
CY2021 FONR Increase Decrease In Financing Liabilities
IncreaseDecreaseInFinancingLiabilities
74698 usd
CY2022 FONR Increase Decrease In Contract Liabilities
IncreaseDecreaseInContractLiabilities
-14739 usd
CY2021 FONR Increase Decrease In Contract Liabilities
IncreaseDecreaseInContractLiabilities
14739 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-64790 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
21020 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15301360 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19088001 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4545292 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3533091 usd
CY2022 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
149 usd
CY2021 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
293 usd
CY2021 FONR Purchase Of Imaging Center
PurchaseOfImagingCenter
1122508 usd
CY2022 FONR Purchase Of Noncontrolling Interests
PurchaseOfNoncontrollingInterests
546000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
87882 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
163705 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5179323 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4819597 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
37239 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
103335 usd
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
63000 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5822232 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6570000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5859471 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6610335 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
4262566 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
7658069 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44460411 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36802342 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48722977 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44460411 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
5668199 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
6145701 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zW2tjBTF4hlf" style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><span id="xdx_863_zAuKG9x0bGG8">Use of Estimates</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities in the consolidated financial statements and accompanying notes. The most significant estimates relate to receivable allowances, intangible assets, income taxes and related tax asset valuation allowances, useful lives of property and equipment, contingencies, revenue recognition and the assessment of litigation. In addition, healthcare industry reforms and reimbursement practices will continue to impact the Company’s operations and the determination of contractual and other allowance estimates. Actual results could differ from those estimates.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p>
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
2783000 usd
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
2051000 usd
CY2022 FONR Depreciation Of Leased Equipment
DepreciationOfLeasedEquipment
198881 usd
CY2021 FONR Depreciation Of Leased Equipment
DepreciationOfLeasedEquipment
198881 usd
CY2022Q2 FONR Management Agreements With Company Total Medical Practices
ManagementAgreementsWithCompanyTotalMedicalPractices
22 pure
CY2022Q2 FONR Scanners With Management Agreements With Company Owned By Related Party
ScannersWithManagementAgreementsWithCompanyOwnedByRelatedParty
3 pure
CY2022Q2 FONR Scanners With Management With Company Located In New York State
ScannersWithManagementWithCompanyLocatedInNewYorkState
19 pure
CY2022 FONR Net Patient Fee Revenue
NetPatientFeeRevenue
29582238 usd
CY2021 FONR Net Patient Fee Revenue
NetPatientFeeRevenue
23307389 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
634000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
633000 usd
CY2022 FONR Shipping And Handling Expense
ShippingAndHandlingExpense
7391 usd
CY2021 FONR Shipping And Handling Expense
ShippingAndHandlingExpense
8215 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
41603 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
47472 usd
CY2022 FONR Finance Lease Cost
FinanceLeaseCost
240484 usd
CY2021 FONR Number Of Shares Upon Conversion Of Class C Common Included In Diluted Eps For Common Shareholders
NumberOfSharesUponConversionOfClassCCommonIncludedInDilutedEpsForCommonShareholders
127504 shares
CY2022 FONR Number Of Shares Upon Conversion Of Class C Common Included In Diluted Eps For Common Shareholders
NumberOfSharesUponConversionOfClassCCommonIncludedInDilutedEpsForCommonShareholders
127504 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12440906 usd
CY2022 FONR Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
6554209 shares
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.90
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10207588 usd
CY2021 FONR Weighted Average Shares Outstanding Basic
WeightedAverageSharesOutstandingBasic
6505283 shares
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.57
CY2021 FONR Percentage Of Pcs Net Revenue Derived From Nofault And Personal Injury Protection Claims
PercentageOfPcsNetRevenueDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.65 pure
CY2022 FONR Percentage Of Consolidated Net Revenue From Management Fees
PercentageOfConsolidatedNetRevenueFromManagementFees
0.12 pure
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zYpbmJyCMqud" style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><span id="xdx_861_zX4Gt6CN9Wpc">Concentration of Credit Risk</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash: The Company maintains its cash and cash equivalents with various financial institutions, which exceed federally insured limits throughout the year. At June 30, 2022, the Company had cash on deposit of approximately $<span id="xdx_90D_eus-gaap--Cash_iI_pp0p0_c20220630_z3Fmvc96KSof" title="Cash">46,834,000</span> in excess of federally insured limits of $<span id="xdx_901_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20220630_z3qXwL6lOTo5" title="Cash, FDIC Insured Amount">250,000</span>.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Related Parties: Net revenues from related parties accounted for approximately <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zYZs5IumK6p5" title="Concentration Risk, Percentage"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zY8R7dIiJkOc" title="Concentration Risk, Percentage">12</span></span>% of the consolidated net revenues for the years ended June 30, 2022 and 2021. Net management fee receivables from the related party medical practices accounted for approximately <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--NetManagementFeeReceivablesFromRelatedPartyMedicalPracticesMember_zYMlAs1KlfHh" title="Concentration Risk, Percentage"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--NetManagementFeeReceivablesFromRelatedPartyMedicalPracticesMember_zV7jmF8YrJib" title="Concentration Risk, Percentage">13</span></span>% of the consolidated accounts receivable for the years ended June 30, 2022 and 2021.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">See Note 3 regarding the Company’s concentrations in the healthcare industry.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p>
CY2022Q2 us-gaap Cash
Cash
46834000 usd
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2021 FONR Finance Lease Cost
FinanceLeaseCost
246353 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3703885 usd
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y10M24D
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
15958961 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
215726 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
238316 usd
CY2022Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
215726 usd
CY2021Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
238316 usd
CY2022Q2 us-gaap Contract Receivable Due Two To Three Years
ContractReceivableDueTwoToThreeYears
1097015 usd
CY2022Q2 us-gaap Contract Receivable Due Three To Four Years
ContractReceivableDueThreeToFourYears
620230 usd
CY2022Q2 us-gaap Contract Receivable Due Four To Five Years
ContractReceivableDueFourToFiveYears
140012 usd
CY2022Q2 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
1857257 usd
CY2022 FONR Percentage Of Pcs Net Revenue Derived From Nofault And Personal Injury Protection Claims
PercentageOfPcsNetRevenueDerivedFromNofaultAndPersonalInjuryProtectionClaims
0.66 pure
CY2021 FONR Percentage Of Consolidated Net Revenue From Management Fees
PercentageOfConsolidatedNetRevenueFromManagementFees
0.12 pure
CY2022 FONR Total Facilities Owned Or Managed At Beginning Of Year
TotalFacilitiesOwnedOrManagedAtBeginningOfYear
27 integer
CY2021 FONR Total Facilities Owned Or Managed At Beginning Of Year
TotalFacilitiesOwnedOrManagedAtBeginningOfYear
25 integer
CY2021 FONR Managed Facilities Added Acquisition
ManagedFacilitiesAddedAcquisition
1 integer
CY2021 FONR Managed Facilities Added By Internal Development
ManagedFacilitiesAddedByInternalDevelopment
1 integer
CY2022 FONR Total Facilities Owned Or Managed At End Of Year
TotalFacilitiesOwnedOrManagedAtEndOfYear
27 integer
CY2021 FONR Total Facilities Owned Or Managed At End Of Year
TotalFacilitiesOwnedOrManagedAtEndOfYear
27 integer
CY2021Q2 FONR Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
294783 usd
CY2021Q2 FONR Estimated Earnings
EstimatedEarnings
567978 usd
CY2021Q2 FONR Costs And Estimated Earnings On Uncompleted Contracts
CostsAndEstimatedEarningsOnUncompletedContracts
862761 usd
CY2021Q2 FONR Billings To Date
BillingsToDate
877500 usd
CY2021Q2 FONR Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts
CostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContracts
-14739 usd
CY2022Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
3703885 usd
CY2021Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4037599 usd
CY2022 FONR Capital Stock And Options Disclosure Textblock
CapitalStockAndOptionsDisclosureTextblock
<p id="xdx_804_ecustom--CapitalStockAndOptionsDisclosureTextblock_zIdjSgaMr44g" style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">NOTE 9 - <span id="xdx_827_zmVWXarWVxWd">CAPITAL STOCK</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Common Stock</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><span id="xdx_90C_eus-gaap--DividendsPayableNature_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember" title="Dividends Payable, Nature">Cash dividends payable on the common stock shall, in all cases, be on a per share basis, one hundred twenty percent (120%) of the cash dividend payable on shares of Class B common stock and three hundred sixty percent (360%) of the cash dividend payable on a share of Class C common stock.</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Class B Common Stock</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><span id="xdx_90F_eus-gaap--StockholdersEquityNoteImpactOfConversionOfContingentlyConvertibleSecuritiesOnDilutedEarningsPerShare_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember" title="Stockholders' Equity Note, Impact of Conversion of Contingently Convertible Securities on Diluted Earnings Per Share">Class B common stock is convertible into shares of common stock on a one-for-one basis.</span> <span id="xdx_906_eus-gaap--CommonStockVotingRights_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember" title="Common Stock, Voting Rights">Class B common stock has 10 votes per share.</span> There were <span id="xdx_900_eus-gaap--CommonStockSharesOutstanding_c20210630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_pdd" title="Common Stock, Shares, Outstanding"><span id="xdx_902_eus-gaap--CommonStockSharesOutstanding_iI_c20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zKN7B3ynmEE8" title="Common Stock, Shares, Outstanding">146</span></span> of such shares outstanding at June 30, 2022 and 2021.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Class C Common Stock</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><span id="xdx_905_eus-gaap--CommonStockVotingRights_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember" title="Common Stock, Voting Rights">The Class C common stock has 25 votes per share</span>, as compared to 10 votes per share for the Class B common stock and <span id="xdx_905_eus-gaap--CommonStockVotingRights_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember" title="Common Stock, Voting Rights">one vote per share for the common stock.</span> <span id="xdx_90E_eus-gaap--StockholdersEquityNoteImpactOfConversionOfContingentlyConvertibleSecuritiesOnDilutedEarningsPerShare_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember" title="Stockholders' Equity Note, Impact of Conversion of Contingently Convertible Securities on Diluted Earnings Per Share">The Class C common stock was offered on a three-for-one basis to the holders of the Class B common stock.</span> Although having greater voting power, each share of Class C common stock has only one-third of the rights of a share of Class B common stock to dividends and distributions. <span id="xdx_90E_eus-gaap--StockholdersEquityNoteImpactOfConversionOfContingentlyConvertibleSecuritiesOnDilutedEarningsPerShare_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember" title="Stockholders' Equity Note, Impact of Conversion of Contingently Convertible Securities on Diluted Earnings Per Share">Class C common stock is convertible into shares of common stock on a three-for-one basis.</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Class A Non-Voting Preferred Stock</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On April 3, 1995, the stockholders ratified a proposal consisting of the creation of a new class of Class A non-voting preferred stock with special dividend rights and the declaration of a stock dividend on the Company’s common stock consisting of <span id="xdx_906_eus-gaap--CommonStockVotingRights_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--PreferredClassAMember" title="Common Stock, Voting Rights">one share of Class A non-voting preferred stock for every five shares of common stock.</span> <span id="xdx_904_eus-gaap--DividendsPayableNature_c20210701__20220630__us-gaap--StatementClassOfStockAxis__us-gaap--PreferredClassAMember" title="Dividends Payable, Nature">The stock dividend was payable to holders of common stock on October 20, 1995. Class A non-voting preferred stock issued pursuant to such stock dividend approximates 313,000 shares.</span></p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Class A non-voting preferred stock is entitled to a special dividend equal to 3-1/4% of first $10 million, 4-1/2% of next $20 million and 5-1/2% on amounts in excess of $30 million of the amount of any cash awards or settlements received by the Company in connection with the enforcement of five of the Company’s patents in its patent lawsuits, less the revised special dividend payable on the common stock with respect to one of the Company’s patents.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Class A non-voting preferred stock participates on an equal per share basis with the common stock in any dividends declared and ranks equally with the common stock on distribution rights, liquidation rights and other rights and preferences (other than the voting rights).</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Stock Bonus Plans</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On April 23, 2010, the Board approved the 2010 Stock Bonus Plan. The plan entitles the Company to reserve <span id="xdx_903_eus-gaap--CommonStockCapitalSharesReservedForFutureIssuance_c20100423__us-gaap--PlanNameAxis__custom--N2010StockBonusPlanMember_pdd" title="Common Stock, Capital Shares Reserved for Future Issuance">2,000,000</span> shares of common stock. On August 10, 2010, the Company filed Form S-8 to register the <span id="xdx_908_ecustom--SharesRegistered_iI_c20100810__us-gaap--PlanNameAxis__custom--N2010StockBonusPlanMember_zZVgXl748154" title="Shares registered">2,000,000</span> shares. As of June 30, 2022, <span id="xdx_908_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_c20220630__us-gaap--PlanNameAxis__custom--N2010StockBonusPlanMember_pdd" title="Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant">450,177</span> shares of common stock of FONAR were available for future grant under this plan. For the years ended June 30, 2022 and 2021, <span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_c20210701__20220630__us-gaap--PlanNameAxis__custom--N2010StockBonusPlanMember_pdd" title="Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period">0</span> and <span id="xdx_902_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_c20200701__20210630__us-gaap--PlanNameAxis__custom--N2010StockBonusPlanMember_zac32CiCK557" title="Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period">106,747</span> shares were issued respectively, of which $<span id="xdx_905_eus-gaap--OtherSellingGeneralAndAdministrativeExpense_c20210701__20220630_pp0p0" title="Other Selling, General and Administrative Expense">0</span> and $<span id="xdx_907_eus-gaap--OtherSellingGeneralAndAdministrativeExpense_pp0p0_c20200701__20210630_zPOnM6MdYxj9" title="Other Selling, General and Administrative Expense">83,277</span> were expensed and included in selling, general and administrative expenses for the years ended June 30, 2022 and 2021, respectively.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Options</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company had stock option plans, which provided for the awarding of incentive and non-qualified stock options to employees, directors and consultants who may contribute to the success of the Company. The options granted vest either immediately or ratably over a period of time from the date of grant, typically three or four years, at a price determined by the Board of Directors or a committee of the Board of Directors, generally the fair value of the Company’s common stock at the date of grant. The options had to be exercised within ten years from the date of grant.</p> <p style="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </p>
CY2022 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
0 usd
CY2021 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
83277 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.006 pure
CY2022Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
2125805 usd
CY2021Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
1393329 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
234016 usd
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
270090 usd
CY2022Q2 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
2359821 usd
CY2021Q2 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
1663419 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
58084974 usd
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
55277600 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35803183 usd
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33427461 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22281791 usd
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21850139 usd
CY2022 FONR Depreciated Assets Writeoff
DepreciatedAssetsWriteoff
1737918 usd
CY2021Q2 us-gaap Deferred Taxes Business Combination Valuation Allowance Allocated To Contributed Capital
DeferredTaxesBusinessCombinationValuationAllowanceAllocatedToContributedCapital
3547000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.093 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.243 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226 pure
CY2022Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3347000 usd
CY2022 FONR Lessee Operating Lease Liability Maturity Table Text Blockc
LesseeOperatingLeaseLiabilityMaturityTableTextBlockc
<table cellpadding="0" cellspacing="0" id="xdx_88F_ecustom--LesseeOperatingLeaseLiabilityMaturityTableTextBlockc_zuokFkINHq9b" style="font: 11pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OPERATING &amp; FINANCING LEASES - Lease Payments (Details)"> <tr style="vertical-align: bottom"> <td colspan="3" style="font-family: Arial, Helvetica, Sans-Serif; text-align: center"><span id="xdx_8B2_zI4YVarfHbek">Reconciliation of operating and financing lease payments</span></td> <td> </td> <td colspan="3" style="text-align: center"> </td> <td> </td> <td colspan="3" style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: center">Year Ending June 30,</td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: center">Operating Lease Payments</td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: center">Financing Lease Payments</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="width: 26%; font-family: Arial, Helvetica, Sans-Serif; text-align: center">2023</td> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="width: 8%; font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left">$</td> <td id="xdx_985_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zqV4MW3JRCDa" style="width: 26%; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2023">5,512,691</td> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="width: 8%; font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left">$</td> <td id="xdx_983_eus-gaap--FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zhltFN9b1xF2" style="width: 26%; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2023">244,343</td> <td style="width: 1%; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center">2024</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_985_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_za4QAsA2IOL8" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2024">5,355,310</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zrdyDzoPKQ82" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2024">244,343</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center">2025</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_986_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zxTCWqrdASJ" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2025">5,256,243</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zvjKRJJwZtel" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2025">244,343</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center">2026</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_98D_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zofyEX1gbo9c" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2026">4,829,443</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zhC8at9t0k3c" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2026">244,343</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center">2027</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_986_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zMLCK3lmJ3H" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2027">3,781,761</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_980_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zTBG8WAjjvP8" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="2027">162,897</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center"><span style="font: 11pt Arial, Helvetica, Sans-Serif">Thereafter</span></td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zF5i7CDZ6Pdj" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Thereafter">22,529,257</td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_985_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_z2cFtDTgTNRb" style="font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl1112">—</span></td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center"><span style="font: 11pt Arial, Helvetica, Sans-Serif">Present value discount</span></td> <td style="padding-bottom: 1pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_989_ecustom--PresentValueDiscount_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zbMIUlZc2mfe" style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Present Value discount, Operating Lease">(10,293,586</td> <td style="padding-bottom: 1pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left">)</td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td id="xdx_98E_ecustom--PresentValueDiscountFinancingLease_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zGPGVvnSuQm6" style="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Present Value discount, Financing Lease">(91,838</td> <td style="padding-bottom: 1pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; text-align: center"><span style="font: 11pt Arial, Helvetica, Sans-Serif">Total lease liability</span></td> <td style="padding-bottom: 2.5pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; text-align: left">$</td> <td id="xdx_989_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--OperatingLeasePaymentsMember_zDAG60pTm3hc" style="border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Total lease liability">36,971,119</td> <td style="padding-bottom: 2.5pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td> <td style="font-family: Arial, Helvetica, Sans-Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; text-align: left">$</td> <td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDue_iI_pp0p0_c20220630__us-gaap--IncomeStatementLocationAxis__custom--FinancingLeasePaymentsMember_zMSMi7r6EtVl" style="border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; text-align: right" title="Total lease liability">1,048,431</td> <td style="padding-bottom: 2.5pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left"> </td></tr> </table>
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M24D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.036 pure
CY2022 FONR Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
5133369 usd
CY2021 FONR Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
4970934 usd
CY2022 FONR Financing Cash Flows From Financing Leases
FinancingCashFlowsFromFinancingLeases
244344 usd
CY2021 FONR Financing Cash Flows From Financing Leases
FinancingCashFlowsFromFinancingLeases
130038 usd
CY2022 FONR Rightofuse Equipment Assets Obtained In Exchange For Lease Obiligations Operating Leases
RightofuseEquipmentAssetsObtainedInExchangeForLeaseObiligationsOperatingLeases
7900074 usd
CY2021 FONR Rightofuse Equipment Assets Obtained In Exchange For Lease Obiligations Operating Leases
RightofuseEquipmentAssetsObtainedInExchangeForLeaseObiligationsOperatingLeases
1531889 usd
CY2021 FONR Effective Income Tax Rate Reconciliation Nys Audit Settlement
EffectiveIncomeTaxRateReconciliationNysAuditSettlement
0.032 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.020 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.200 pure
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20387621 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20299739 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16683736 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16262140 usd
CY2022Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
3703885 usd
CY2021Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4037599 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
386747 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
386446 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
381491 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
378866 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
368206 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1802129 usd
CY2021Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4037599 usd
CY2020Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4109129 usd
CY2022 FONR Amounts Capitalized
AmountsCapitalized
87882 usd
CY2021 FONR Amounts Capitalized
AmountsCapitalized
313705 usd
CY2021 FONR Software Or Patents Written Off
SoftwareOrPatentsWrittenOff
-534 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
-421596 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
-384701 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
195457 usd
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
933460 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
40078 usd
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
173206 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
155379 usd
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
760254 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
13284343 usd
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
16849045 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
441865 usd
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
890084 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
40078 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
43766 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
47002 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
50448 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
14163 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
195457 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12842478 usd
CY2022Q2 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Policyholders Surplus
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityPolicyholdersSurplus
215726 usd
CY2022Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
20048000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
5309000 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
1853000 usd
CY2022Q2 us-gaap Deferred Taxes Business Combination Valuation Allowance Allocated To Contributed Capital
DeferredTaxesBusinessCombinationValuationAllowanceAllocatedToContributedCapital
448000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2440594 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1136514 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2440594 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1136514 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2935921 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2718046 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
157972 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
136960 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3093893 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2855006 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5534487 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3991520 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12842478 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.042 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.033 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.055 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.049 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.020 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.046 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.046 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.061 pure
CY2022 FONR Effective Income Tax Rate Reconciliation Nys Audit Settlement
EffectiveIncomeTaxRateReconciliationNysAuditSettlement
0.045 pure
CY2022Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
442000 usd
CY2022Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
27000 usd
CY2022 FONR Additional Taxes
AdditionalTaxes
1014071 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
4239903 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3827382 usd
CY2022Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
707400 usd
CY2021Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
749902 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4820010 usd
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8285163 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3346509 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3732650 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
98945 usd
CY2021Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
66316 usd
CY2022Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
71576 usd
CY2021Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
187632 usd
CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12626752 usd
CY2021Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15720645 usd
CY2022Q2 us-gaap Accrued Salaries Current
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4652173 usd
CY2021Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
5406982 usd
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
900000 usd
CY2022Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
248702 usd
CY2021Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
644623 usd
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
382000 usd
CY2021Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
774234 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
20707 usd
CY2021Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
37827 usd
CY2022Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
120000 usd
CY2021Q2 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
127262 usd
CY2022Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
79167 usd
CY2021Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
62548 usd
CY2022Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
59516 usd
CY2021Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
493042 usd
CY2022Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
854962 usd
CY2021Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
715600 usd
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
6417227 usd
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9162118 usd
CY2022 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5668000 usd
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6146000 usd
CY2016Q1 FONR Property Tax Abatement From Suffolk County Ida
PropertyTaxAbatementFromSuffolkCountyIda
0.50 pure
CY2016Q1 FONR Property Tax Abatement
PropertyTaxAbatement
440000 usd
CY2022 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
EmployeeStockOwnershipPlanESOPCashContributionsToESOP
0 usd
CY2021 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
EmployeeStockOwnershipPlanESOPCashContributionsToESOP
36799 usd
CY2021 FONR Litigation Settelement Description
LitigationSettelementDescription
In September 2019, The Company was notified by one of its landlords that it was required to vacate the premises within 180 days under the demolition clause in the lease. The Company believes the lease renewal which was not negotiated in good faith since the renewal was negotiated in February 2018. The Company is in the process of relocating to a new location but the original lease provided for penalty payments in the event that the Company had not vacated the leased space. The Company has been making normal rent payments throughout the course of the arbitration proceedings. The Company settled the case for $900,000 for the leasehold holdover charges which was paid in August 2021.
CY2022 FONR Litigation Settelement Description
LitigationSettelementDescription
In September 2020, the Company entered into a settlement agreement with an unrelated third party for a claim made during March 2018 which was scheduled for arbitration. The settlement was for $1.2 million of which $900,000 was paid by the Company’s insurance on September 15, 2020 with the remaining $315,000 paid by the Company on September 28, 2020.
CY2022 FONR Stoploss Umbrella Policy With3 Rd Paryinsurer To Limit Maximum Potential Liability For Individual Claims
StoplossUmbrellaPolicyWith3RdParyinsurerToLimitMaximumPotentialLiabilityForIndividualClaims
110000 usd
CY2022Q2 us-gaap Liability For Claims And Claims Adjustment Expense Disability Accident And Health
LiabilityForClaimsAndClaimsAdjustmentExpenseDisabilityAccidentAndHealth
79000 usd
CY2021Q2 us-gaap Liability For Claims And Claims Adjustment Expense Disability Accident And Health
LiabilityForClaimsAndClaimsAdjustmentExpenseDisabilityAccidentAndHealth
63000 usd
CY2022 us-gaap Interest Paid
InterestPaid
617029 usd
CY2021 us-gaap Interest Paid
InterestPaid
75178 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
2408145 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
261032 usd
CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
0 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
102364 shares
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1940821 usd
CY2022 FONR Selling General And Administrative Expenses
SellingGeneralAndAdministrativeExpenses
119000 usd
CY2021 FONR Selling General And Administrative Expenses
SellingGeneralAndAdministrativeExpenses
602000 usd
CY2022 us-gaap Revenues
Revenues
97592145 usd
CY2022 FONR Intersegment Net Revenues
IntersegmentNetRevenues
965417 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
22007182 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4535236 usd
CY2022 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
0 usd
CY2022Q2 us-gaap Assets Net
AssetsNet
199341982 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4633174 usd
CY2021 us-gaap Revenues
Revenues
89929765 usd
CY2021 FONR Intersegment Net Revenues
IntersegmentNetRevenues
901250 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17097615 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4081687 usd
CY2021 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
83277 usd
CY2021Q2 us-gaap Assets Net
AssetsNet
189506195 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3696796 usd
CY2022 FONR Export Sales Of Medical Equipment Percentage
ExportSalesOfMedicalEquipmentPercentage
0.489 pure
CY2021 FONR Export Sales Of Medical Equipment Percentage
ExportSalesOfMedicalEquipmentPercentage
0.693 pure
CY2022 FONR Foreign Product Sales
ForeignProductSales
0.489 pure
CY2021 FONR Foreign Product Sales
ForeignProductSales
0.693 pure
CY2022 FONR Foreign Revenues Of Service And Repair Of Medical Equipment Percentage
ForeignRevenuesOfServiceAndRepairOfMedicalEquipmentPercentage
0.044 pure
CY2021 FONR Foreign Revenues Of Service And Repair Of Medical Equipment Percentage
ForeignRevenuesOfServiceAndRepairOfMedicalEquipmentPercentage
0.045 pure
CY2022 FONR Foreign Service And Repair Fees
ForeignServiceAndRepairFees
0.044 pure
CY2021 FONR Foreign Service And Repair Fees
ForeignServiceAndRepairFees
0.045 pure
CY2021Q1 us-gaap Public Utilities Property Plant And Equipment Amount Of Acquisition Adjustments1
PublicUtilitiesPropertyPlantAndEquipmentAmountOfAcquisitionAdjustments1
650000 usd
CY2021Q1 FONR Public Utilities Property Right To Use Assets Amount Of Acquisition Adjustments1
PublicUtilitiesPropertyRightToUseAssetsAmountOfAcquisitionAdjustments1
434219 usd
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
150000 usd
CY2021Q1 us-gaap Security Deposit
SecurityDeposit
38628 usd
CY2021Q1 FONR Public Utilities Property Right To Use Liability Amount Of Acquisition Adjustments1
PublicUtilitiesPropertyRightToUseLiabilityAmountOfAcquisitionAdjustments1
-434219 usd
CY2021Q1 us-gaap Goodwill
Goodwill
283880 usd
CY2021Q1 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
1122508 usd
CY2021Q1 us-gaap Security Deposit
SecurityDeposit
38628 usd
CY2021Q1 FONR Closing Costs Expensed
ClosingCostsExpensed
3478 usd
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
283880 usd
CY2021Q1 FONR Business Combination Contingent Consideration Asset1
BusinessCombinationContingentConsiderationAsset1
1125986 usd

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fonr-20220630_cal.xml Edgar Link unprocessable