<ARTICLE> 5 <CIK> 0000355019 <NAME> FONAR CORPORATION <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> JUN-30-1998 <CASH> 41,752 <SECURITIES> 20,252 <RECEIVABLES> 12,274 <ALLOWANCES> 2,397 <INVENTORY> 3,514 <CURRENT-ASSETS> 76,514 <PP&E> 27,945 <DEPRECIATION> 18,843 <TOTAL-ASSETS> 108,448 <CURRENT-LIABILITIES> 22,088 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 6 <OTHER-SE> 72,566 <TOTAL-LIABILITY-AND-EQUITY> 108,448 <SALES> 3,938 <TOTAL-REVENUES> 27,554 <CGS> 7,800 <TOTAL-COSTS> 23,842 <OTHER-EXPENSES> 6,507 <LOSS-PROVISION> 930 <INTEREST-EXPENSE> 728 <INCOME-PRETAX> (6,004) <INCOME-TAX> (498) <INCOME-CONTINUING> (5,653) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,653) <EPS-PRIMARY> (.09) <EPS-DILUTED> (.09)