About FONAR Corp. 
FONAR Corp.
Miscellaneous
Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment. Its Medical Equipment segment is conducted through Fonar. Its Physician Management and Diagnostic Services segment is conducted through its subsidiary Health Management Company of America (HMCA). It offers Upright MRI, which is used to scan any part of the body. The Upright MRI allows patients to be scanned in various conditions, such as standing, sitting, bending or lying down in any position. The Company offers SMART, where scanning allows for same-scan customization of 63 slices.
Company Coordinates 
Company Details
110 Marcus Dr , MELVILLE NY : 11747-4228
Registrar Details
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 10 Schemes (16.12%)
Foreign Institutions
Held by 18 Foreign Institutions (3.17%)
Strategic Entities with highest holding
Highest Public shareholder
Management
Designation
Dr. Raymond Damadian
Chairman of the Board, Principal Financial Officer, Treasurer
Mrs. Claudette Chan
Secretary, Director
Mr. Ronald Lehman
Independent Director
Mr. Charles O'Data
Independent Director
Richard Turk
Independent Director
Revenue and Profits:
Net Sales:
27 Million
(Quarterly Results - Mar 2025)
Net Profit:
3 Million
Miscellaneous
USD 99 Million (Micro Cap)
8.00
NA
0.00%
-0.30
6.38%
0.57






