---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-21-000032"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2021-09-28T23:59:59+00:00"
generated_at: "2026-06-29T01:06:40.666773+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FONAR reports fiscal 2021 diluted EPS of $1.45, up 23% YoY; revenue $89.9M, +5%

## Summary
- Diluted EPS $1.45 (+23% YoY); net income $13.7M (+17%); operating income $17.1M (+25%).
- Total scan volume at HMCA-managed sites rose 7% to 178,364 scans; HMCA now manages 39 MRI scanners vs 36 a year ago.
- Cash and short-term investments $44.5M (+21%); working capital $88.5M (+15%); book value per share $20.41 (+6%).
- Fiscal 2022 plans: add MRI in Pembroke Pines, new Bronx facility, Manhattan relocation, and central Florida center.
- R&D expenses fell 19% to $1.6M due to COVID supply chain delays; S,G&A down 7%.

## SEC filing metadata
- accession: 0000355019-21-000032
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2021-09-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000035501921000032/0000355019-21-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501921000032/fonar_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-21-000032
- JSON: https://secwatch.observer/filing/0000355019-21-000032.json
- Plain text: https://secwatch.observer/filing/0000355019-21-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.