FONAR CORP FONR Income Statement

Fonar corp (FONR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
REVENUES
Patient fee revenue, net of contractual allowances and discounts
-	-	-	-	-	-	-	-	10,163	9,537	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Patient fee revenue, net of contractual allowances and discounts
-	-	-	-	-	-	-	-	-	-	8,653	-	9,028	8,657	8,823	8,390	8,695	7,786	8,114	7,453	7,284	6,629	6,787	6,496	6,090	5,894	5,827	-	-	-	-	-	0	-	-	-	-	-	-
Patient Fee Revenue, net of Contractual Allowances and Discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	965	0	0	-	-	-	-	-	-	-	-
Provision for bad debts for patient fee
-	-	-	-	-	-	-	-5,023	-4,552	-4,571	-3,750	-4,312	-3,979	-4,002	-3,878	-3,932	-3,830	-3,270	-3,507	-15,612	-3,201	2,897	3,146	-11,728	-2,868	2,223	2,040	-2,584	0	0	0	-	-	-	-	-	-	-	-
Patient fee revenue - net
-	-	-	-	-	-	-	-	-	-	4,903	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Patient fee revenue, net of contractual allowances and discounts
5,713	5,996	6,045	-	6,410	5,921	5,525	-	5,611	4,966	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product sales - net
92	3	192	510	796	395	50	-	69	276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service and repair fees - net
1,942	2,038	2,064	2,036	1,964	2,021	2,131	-	2,314	2,352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product sales - net
-	-	-	-	-	-	-	-	-	-	162	-	768	93	242	496	20	742	18	14	160	375	1,271	616	478	755	28	1,402	416	1,080	1,041	2,222	1,309	1,615	1,776	378	1,855	1,789	2,660
Service and repair fees - net
-	-	-	-	-	-	-	-	-	-	2,264	-	2,366	2,356	2,351	2,426	2,406	2,280	2,284	2,260	2,299	2,499	2,491	2,504	2,518	2,548	2,512	2,500	2,867	2,765	2,709	2,954	3,008	2,807	2,905	2,825	2,769	2,653	2,689
Service and repair fees - related parties - net
28	28	28	26	28	28	28	26	28	28	28	27	27	28	28	27	27	28	28	27	27	28	28	27	27	28	28	28	27	28	27	29	27	27	27	27	55	55	55
Management and other fees - net
11,218	10,996	11,028	11,169	11,191	10,573	10,684	-	10,670	10,340	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management and other fees - net
-	-	-	-	-	-	-	-	-	-	9,771	-	9,592	9,364	9,261	9,452	9,394	8,958	8,829	8,801	8,653	8,613	8,738	9,516	8,538	8,274	8,511	8,547	5,402	3,775	3,769	3,822	3,601	3,308	3,329	2,976	2,726	2,380	2,088
Management and other fees - related medical practices - net
2,693	2,390	2,390	2,390	2,390	2,287	2,287	2,287	2,287	2,206	2,206	2,206	2,206	1,907	1,907	1,908	1,907	1,845	1,845	1,846	1,874	1,845	1,816	1,065	2,257	2,333	1,965	1,964	1,965	1,965	1,965	1,964	1,571	1,571	1,571	1,570	1,249	1,142	1,193
Total Revenues - net
21,686	21,451	21,747	-	22,779	21,225	20,705	-	20,979	20,168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenues - net
-	-	-	-	-	-	-	-	-	-	19,334	-	20,008	18,403	18,734	18,769	18,619	18,369	17,611	16,877	17,096	17,092	17,985	17,025	17,040	17,609	16,831	18,375	11,642	9,613	9,511	10,992	9,516	9,328	9,608	7,778	8,654	8,019	8,685
COSTS AND EXPENSES
Costs related to patient fee revenue
2,840	2,958	2,863	2,772	2,740	2,702	2,575	2,637	2,570	2,570	2,479	2,506	1,744	2,323	2,414	2,403	2,549	2,238	2,228	2,094	2,044	1,902	1,899	1,847	1,947	2,028	1,848	1,913	791	0	0	-	-	-	-	-	-	-	-
Costs related to product sales
235	120	330	240	216	317	5	-	173	246	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to service and repair fees
674	772	750	766	752	746	745	-	775	753	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to product sales
-	-	-	-	-	-	-	-	-	-	143	-	364	-34	213	315	263	564	112	208	352	237	1,085	165	223	631	48	1,198	498	904	1,056	1,779	962	1,171	1,475	502	1,392	1,368	2,506
Costs related to service and repair fees
-	-	-	-	-	-	-	-	-	-	780	-	829	683	655	606	552	447	543	578	630	474	507	742	623	587	544	635	819	894	865	881	891	868	813	779	792	700	665
Costs related to service and repair fees - related parties
9	10	10	10	10	11	9	11	9	9	9	8	10	8	8	7	6	5	7	7	7	5	6	8	7	6	6	6	8	9	9	7	8	9	8	6	16	15	14
Costs related to management and other fees
6,004	6,203	6,005	5,925	5,834	5,904	5,756	-	5,733	5,826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to patient revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Costs related to management and other fees
-	-	-	-	-	-	-	-	-	-	5,558	-	5,122	5,257	5,261	5,284	5,649	5,597	5,419	4,915	5,285	5,180	5,590	5,259	5,327	5,190	5,075	5,986	2,606	2,235	2,171	2,271	2,390	1,887	2,185	1,993	1,768	1,707	1,313
Costs related to management and other fees - related medical practices
1,550	1,621	1,537	1,526	1,634	1,405	1,382	1,221	1,281	1,261	1,150	1,071	1,122	1,127	953	959	1,045	1,012	1,058	380	1,284	1,240	979	-62	1,318	1,270	1,219	946	900	852	817	915	953	901	819	953	616	633	739
Research and development
535	583	472	444	381	550	437	496	503	407	349	375	332	361	412	388	395	412	436	696	360	359	397	631	360	374	395	407	381	320	330	305	315	293	329	380	453	153	454
Selling, general and administrative
7,224	4,163	4,294	6,788	4,604	3,610	4,259	5,225	5,533	3,286	4,081	6,790	4,483	4,069	4,065	6,384	4,063	3,869	4,193	6,340	3,706	3,824	3,578	6,560	3,935	4,352	3,737	4,163	3,774	2,352	2,212	2,487	2,224	1,995	2,043	2,270	2,064	1,745	2,383
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	762	273	506	1,043	981	-124	-94	809	235	325	175	395	170	310	175	357	175	255	176
Total Costs and Expenses
19,071	16,430	16,261	18,474	16,171	15,245	15,168	16,347	16,577	14,358	14,549	17,159	14,006	13,794	13,981	16,350	14,522	14,144	13,996	13,680	14,430	13,494	14,547	14,389	14,721	14,314	12,778	16,068	10,012	7,891	7,635	9,043	7,913	7,434	7,847	7,242	7,276	6,576	8,250
INCOME
Income From Operations
2,615	5,021	5,486	4,009	6,608	5,980	5,537	4,687	4,402	5,810	4,785	3,732	6,002	4,609	4,753	2,418	4,097	4,225	3,615	3,197	2,666	3,598	3,438	2,635	2,319	3,295	4,053	2,307	1,630	1,722	1,876	1,948	1,603	1,894	1,761	535	1,378	1,443	435
Interest Expense
17	-19	-21	-75	27	-25	-25	-23	-46	-48	-43	272	-69	-77	-98	153	-127	-139	-150	-909	-169	172	204	-1,567	203	237	243	-758	79	103	76	144	103	124	107	155	128	137	94
Interest expense - related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	0	4
Investment Income
126	139	148	148	104	122	108	84	74	58	46	49	47	49	48	60	56	58	50	51	52	60	62	60	57	60	61	43	55	60	59	64	53	64	62	66	64	58	38
Other (Expense) / Income
-	-	-	-	-	-	-	-	-	-	-	-	2	0	-3	-	0	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income - related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Other Income
-	-	-	-	-	-	-	10	-8	-5	-2	-	-	-	-	-	-	-	-	-	-	-	-	-496	39	0	-151	738	0	-4	-9	-	0	-1	56	-	-	-	-
Other Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income - Related Party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1
Other (expense) income - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9
Income Before Provision for Income Taxes and Noncontrolling Interests
2,724	5,141	5,613	4,137	6,685	6,077	5,620	4,759	4,422	5,815	4,786	4,053	5,982	4,581	4,700	2,823	4,026	4,144	3,515	3,488	2,549	3,484	3,296	1,998	2,212	3,118	3,720	2,847	1,606	1,675	1,850	1,858	1,553	1,833	1,772	-	-	-	-
Provision for Income Taxes
810	-932	-1,107	2,862	1,484	-1,213	-1,128	-4,749	-160	-575	-185	-5,655	1,140	353	-200	-4,152	-145	-40	50	2,513	30	29	40	-2,583	65	70	100	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	55	72	-	0	21	0	-	-	-	-
Other Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	-1	-
Provision for Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Provision For Income Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net Income
1,914	4,209	4,506	5,956	5,201	4,864	4,492	11,349	4,262	5,240	4,601	7,122	7,122	4,934	4,500	7,345	3,881	4,104	3,465	6,200	2,519	3,455	3,256	4,581	2,147	3,048	3,620	5,277	1,581	1,620	1,778	1,738	1,553	1,812	1,772	308	1,253	1,363	385
Net Income - Noncontrolling Interests
-653	-1,105	-1,207	-1,372	-1,338	-1,312	-1,174	-3,069	781	-1,051	-882	-1,215	-1,222	-692	-929	-980	-876	-611	-603	-2,095	-500	797	-721	-504	-408	-905	-1,183	-475	-505	-271	-326	820	261	276	-259	79	69	0	0
Net Income - Controlling Interests
1,261	3,104	3,299	4,584	3,863	3,552	3,318	9,841	3,481	4,189	3,719	5,907	5,900	4,242	3,571	6,364	3,005	3,493	2,862	5,698	2,019	2,658	2,535	4,077	1,739	2,143	2,437	4,801	1,076	1,349	1,452	1,435	1,292	1,536	1,513	228	1,184	1,363	385
Net Income Available to Common Stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,005	1,259	1,355	-	1,206	1,432	1,409	-	1,099	1,262	363
Net Income Available to Class A Non-Voting Preferred Stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	67	72	-	64	78	78	-	64	75	22
Net Income Available to Class C Common Stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	23	25	-	22	26	27	-	21	26	7
Basic Net Income Per Share
0.20	0.48	0.51	-	0.61	0.56	0.52	-	0.55	0.67	-	-	0.96	0.69	0.58	-	0.50	0.58	0.47	-	0.33	0.44	0.42	0.67	0.29	0.36	0.41	0.85	0.17	0.21	0.23	0.29	0.21	0.25	0.25	0.07	0.21	0.25	0.07
Diluted Net Income Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.17	0.21	0.22	-	0.20	0.24	0.24	-	0.20	0.24	0.07
Basic and Diluted Income Per Share - Common C
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.06	0.06	-	0.06	0.07	0.07	-	0.05	0.07	0.02
Weighted Average Basic Shares Outstanding
6,447	6,447	6,432	-	6,357	6,357	6,344	-	6,287	6,287	6,287	-	6,166	6,158	6,105	-	6,050	6,051	6,050	-	6,050	6,051	6,050	6,033	6,022	6,006	5,978	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Basic Shares Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,937	5,926	5	-	5,836	5,728	5,668	-	5,345	5,149	5,012
Weighted Average Diluted Shares Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,065	6,054	6	-	5,963	5,856	5,796	-	5,472	5,277	5,139
Weighted Average Basic Shares Outstanding - Class C Common
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-383	-383	-0	-	-382	-382	-382	-	-	-	-
Weighted Average Diluted Shares Outstanding - Class C Common
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-383	-383	-0	-	-382	-382	-382	-	-	-	-
Common Stock
Net Income - Controlling Interests
1,184	2,914	3,097	4,298	3,623	3,332	3,113	-	-	3,926	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic Net Income Per Share
0.18	0.45	0.48	0.68	0.57	0.52	0.49	-	0.52	0.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted Net Income Per Share
0.18	0.44	0.47	0.67	0.56	0.51	0.48	-	0.51	0.61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Basic Shares Outstanding
6,447	6,447	6,432	6,358	6,357	6,357	6,344	-	6,287	6,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Diluted Shares Outstanding
6,575	6,575	6,560	6,484	6,485	6,485	6,472	-	6,415	6,415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Class A
Net Income - Controlling Interests
57	142	151	-	179	164	153	-	163	196	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class C Common Stock
Net Income - Controlling Interests
20	48	51	73	61	56	52	-	55	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic Net Income Per Share
0.05	0.13	0.13	0.18	0.16	0.15	0.14	-	0.15	0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted Net Income Per Share
0.05	0.13	0.13	0.18	0.16	0.15	0.14	-	0.15	0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Basic Shares Outstanding
383	383	383	381	383	383	383	-	383	383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Diluted Shares Outstanding
383	383	383	381	383	383	383	-	383	383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Basic and Diluted Shares Outstanding - Class C Common
-	-	-	-	-	-	-	-	383	383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-