Name | Value |
---|---|
Revenues | 25.4M |
Cost of Revenue | 14.5M |
Gross Profit | 10.9M |
Operating Expense | 6.0M |
Operating I/L | 4.9M |
Other Income/Expense | 1.1M |
Interest Income | 0.5M |
Pretax | 6.0M |
Income Tax Expense | 1.4M |
Net Income/Loss | 3.8M |
FONAR Corporation develops and markets magnetic resonance imaging (MRI) scanners for disease detection and diagnosis. The company operates through Medical Equipment and Physician Management and Diagnostic services segments. Its flagship product is the Upright MRI scanner, designed for weight-bearing scans. FONAR also provides non-medical management services to diagnostic imaging facilities, including administrative, billing, and compliance services. The company owns and operates 5 diagnostic imaging facilities in Florida and manages 39 MRI scanning facilities in New York and Florida. FONAR markets its scanners to private diagnostic imaging centers and hospitals.