FONAR Corporation is engaged in the research, development, production and marketing of medical scanning equipment, which uses principles of Magnetic Resonance Imaging (MRI) for the detection and diagnosis of human diseases. The Company conducts its business in two segments: medical equipment, and physician management and diagnostic services. Its medical equipment segment is conducted directly through the Company. Its physician management and diagnostic services segment is conducted through its subsidiary, Health Management Corporation of America (HMCA). Its signature product is the FONAR UPRIGHT Multi-Position MRI (STAND-UP MRI). HMCA provides management services, administrative services, billing and collection services, compliance consulting, purchasing, information technology (IT) services, repair, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. HMCA owns and operates six diagnostic imaging facilities in Florida.
Ticker SymbolFONR
Company nameFonar Corp
IPO dateOct 26, 1981
CEOMr. Timothy R. (Tim) Damadian
Number of employees520
Security typeOrdinary Share
Fiscal year-endOct 26
Address110 Marcus Dr
CityMELVILLE
Stock exchangeNASDAQ Capital Market Consolidated
CountryUnited States of America
Postal code11747
Phone16316942929
Websitehttps://www.fonar.com/
Ticker SymbolFONR
IPO dateOct 26, 1981
CEOMr. Timothy R. (Tim) Damadian
A total of
0.00
USD has been distributed in dividends over the past 5 years.

No Data