FONAR (FONR) Financial Report Summaries

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New words: CECL, collateral, collateralized, dedicated, distribution, eighteen, employee, fourth, great, helium, incentive, nature, obtained, optimizing, PA, pay, qualitative, relevant, spending

Removed: acquired, acquisition, approach, assumed, attempt, avoid, begin, calculated, carrying, classification, classified, classifying, conclusion, connection, constant, cope, correct, disruption, doubtful, dual, effectively, enable, enact, expect, expecting, expire, final, finance, financed, goodwill, Governor, historically, identification, identified, impaired, inability, indirect, inherently, legally, lessee, manner, mentioned, met, navigate, opened, package, pandemic, PPACA, practical, principle, professional, pursuing, record, recovered, refinement, remained, Ron, schedule, separately, seventeen, slower, transition, treatment, turn, unable, whichever

From filing 10-Q 2025 Q1

Financial report summary

Management Discussion

Revenues attributable to our medical equipment segment remained constant at $8.3 million in fiscal 2024 and in fiscal 2023, with product sales revenues increasing by 0.8% from $732,000 in fiscal 2023 to $738,000 in fiscal 2024. Service revenue increased by 0.8% from $7.5 million in fiscal 2023 to $7.6 million in fiscal 2024.