---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-21-000048"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T08:00:19.867567+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FONAR Q1 fiscal 2022 revenue up 13% to $23.7M, EPS $0.55 (+53% YoY), record scan volume of 48,469

## Summary
- Net income rose 59% to $5.2M; diluted EPS $0.55 vs $0.36 a year ago.
- Total revenues-net $23.7M, up 13% from $21.0M; income from operations up 38% to $5.7M.
- MRI scan volume at HMCA-managed sites hit record 48,469 scans, up 11.6% YoY.
- Management cites COVID-19 vaccine mandate staffing challenges; three expansion projects expected by end of calendar 2021.
- Cash and short-term investments $43.4M, down 2% from June 30, 2021; book value per share $20.84.

## SEC filing metadata
- accession: 0000355019-21-000048
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000035501921000048/0000355019-21-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501921000048/fonar_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-21-000048
- JSON: https://secwatch.observer/filing/0000355019-21-000048.json
- Plain text: https://secwatch.observer/filing/0000355019-21-000048.txt

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