secwatch.observer — SEC 8-K summary
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Issuer:     FONAR CORP (FONR)
CIK:        0000355019
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001731122-26-000247
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FONAR Q2 net income up 15% to $2.5M; merger price raised to $19.00/share
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- Q2 revenue $25.5M (+2% YoY); net income $2.5M (+15% YoY); diluted EPS $0.31 (+7% YoY).
- Cash & equivalents $53.1M at Dec 31, 2025, down 6% from June 30, 2025.
- Operating cash flow 6-month fell 52% to $1.9M; scan volume 54,846 (flat vs prior quarter, +3.3% YoY).
- Definitive merger agreement signed Dec 29, 2025; take-private price increased to $19.00 per share from $17.25.
- HMCA manages 45 MRI scanners; added high-field MRI at Lynbrook site boosting volume 30%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355019/000173112226000247/0001731122-26-000247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355019/000173112226000247/fonar_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer