---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-22-000057"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T19:03:07.232019+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fonar Q1 EPS $0.29 vs $0.55 YoY; revenue down 2%; scan volume falls 8.3%

## Summary
- Diluted EPS $0.29 vs $0.55; net income $2.7M vs $5.2M, down 48%.
- Total revenues $23.2M (-2% YoY); income from operations $3.9M vs $5.7M.
- HMCA-managed MRI scans fell 8.3% to 44,471; SG&A up 24% to $6.3M on reserves.
- Net cash from operations up 117% to $2.7M; book value per share $22.05 (+5%).
- CEO cites technologist shortage and Hurricane Ian; plans new centers in Bronx and Florida.

## SEC filing metadata
- accession: 0000355019-22-000057
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000035501922000057/0000355019-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501922000057/fonar_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-22-000057
- JSON: https://secwatch.observer/filing/0000355019-22-000057.json
- Plain text: https://secwatch.observer/filing/0000355019-22-000057.txt

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