{"schema_version":"secwatch.filing_event.v1","accession":"0000355019-23-000059","form_type":"8-K","ticker":"FONR","cik":"0000355019","company_name":"FONAR CORP","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.661959+00:00","generated_at":"2026-06-08T02:52:31.363545+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fonar Q1 fiscal 2024 net income doubles to $5.4M; diluted EPS $0.59 vs $0.29","bullets":["Total revenues net up 11% to $25.8M; income from operations up 68% to $6.6M.","MRI scan volume at HMCA sites rose 14% to record 50,744 scans.","Diluted EPS doubled to $0.59; book value per share up 7% to $23.88.","Cash and equivalents $51.7M; working capital $114.9M, current ratio 9.1.","Repurchased 146,359 shares for $2.47M under $9M buyback plan; now exclusive distributor of SwiftMR AI software."],"urls":{"canonical":"https://secwatch.observer/filing/0000355019-23-000059","json":"https://secwatch.observer/filing/0000355019-23-000059.json","markdown":"https://secwatch.observer/filing/0000355019-23-000059.md","text":"https://secwatch.observer/filing/0000355019-23-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/355019/000035501923000059/0000355019-23-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/355019/000035501923000059/fonar_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:52:31.363545+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"84cf2f2fb3e44319adf51a5bd72bf771cf8fab3f","claim":"FONAR CORP reported the 1st Quarter of Fiscal 2024 which ended September 30, 2023 results: revenue $25.8 million, net income $5.4 million, EPS $0.59.","evidence_excerpt":"* Cash and cash equivalents increased 1% to $51.7 million at September 30, 2023 as compared to the fiscal year-ended June 30, 2023. * Total Revenues - Net increased by 11% to $25.8 million for the quarter ended September 30, 2023 versus the corresponding quarter one year earlier. * Income from Operations increased 68% to $6.6 million for the quarter ended","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/355019/000035501923000059/0000355019-23-000059-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 1st Quarter of Fiscal 2024 which ended September 30, 2023"},{"label":"Revenue","value":"$25.8 million"},{"label":"Net income","value":"$5.4 million"},{"label":"EPS","value":"$0.59"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}