secwatch.observer — SEC 8-K summary
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Issuer:     FONAR CORP (FONR)
CIK:        0000355019
Form:       8-K
Filed at:   2026-05-12T21:12:07+00:00
Accession:  0001731122-26-000710
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FONAR Q3 net income down 25% to $2.3M; shareholder vote on take-private set for May 28
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- Diluted EPS $0.24, down 35% YoY; revenue $26.5M, down 3% from $27.2M.
- Operating income $2.4M, down 33%; SG&A up 5% to $8.4M.
- Record Q3 scan volume of 55,660 scans, up 1.5% sequentially; HMCA manages 45 MRI scanners.
- Cash and equivalents $53.8M, down 4% from June 30, 2025.
- Share repurchases suspended; special meeting to approve go-private merger scheduled for May 28, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/0001731122-26-000710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/fonar_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000710

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