Financial Statements — FONR
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 53.65 | 52.98 | 54.26 | 53.58 | 54.28 | 53.98 | 53.23 | 51.69 | 49.64 | 49.51 | 48.70 | 46.01 | 44.85 | 43.41 | 40.81 | 40.58 | 38.76 |
| Short-term Investments | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Accounts Receivable | -- | 4.76 | -- | -- | 5.15 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 16.17 |
| Inventory | 2.83 | -- | 2.71 | 2.86 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 148.01 | 143.71 | 141.10 | 137.63 | 143.74 | 135.83 | 132.54 | 129.15 | 122.00 | 120.75 | 119.07 | 114.33 | 111.60 | 109.39 | 103.57 | 101.60 | 99.12 |
| Property, Plant & Equipment | 18.20 | 18.92 | 18.87 | 19.27 | 19.45 | 19.25 | 20.11 | 21.11 | 22.78 | 21.63 | 22.21 | 22.44 | 21.82 | 21.97 | 22.13 | 21.68 | 20.90 |
| Goodwill | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 4.27 | 3.99 | 3.99 |
| Intangible Assets | 2.81 | 3.03 | 3.23 | 3.41 | 3.25 | 3.18 | 3.27 | 3.36 | 3.49 | 3.58 | 3.62 | 3.77 | 3.86 | 3.96 | 4.09 | 4.01 | 4.04 |
| Total Non-current Assets* | 71.22 | 73.51 | 73.82 | 70.33 | 74.62 | 73.80 | 69.72 | 72.41 | 77.34 | 76.75 | 78.96 | 81.32 | 82.13 | 78.84 | -- | -- | -- |
| Total Assets | 219.22 | 217.22 | 214.92 | 207.96 | 218.35 | 209.63 | 202.26 | 201.56 | 199.34 | 197.50 | 198.02 | 195.65 | 193.73 | 188.23 | -- | -- | -- |
| Accounts Payable | 2.29 | 1.91 | 1.23 | 0.95 | 2.52 | 1.68 | 1.34 | 1.04 | 1.72 | 0.87 | 0.77 | 1.01 | 0.78 | 1.13 | 1.78 | 2.20 | 1.85 |
| Total Current Liabilities | 16.12 | 14.37 | 14.04 | 12.24 | 16.67 | 14.50 | 14.18 | 14.23 | 13.93 | 13.75 | 14.87 | 14.17 | 13.72 | 16.25 | 17.09 | 16.92 | 18.65 |
| Long-term Debt | -- | -- | -- | 0.01 | 0.04 | 0.08 | 0.09 | 0.10 | 0.13 | 0.14 | 0.15 | 0.17 | 0.18 | 0.19 | 0.77 | 0.78 | 0.86 |
| Total Non-current Liabilities | 38.64 | 39.99 | 40.62 | 36.76 | 40.29 | 38.10 | 31.79 | 33.25 | 34.79 | 35.68 | 36.02 | 37.21 | 37.56 | 32.51 | 33.37 | 33.35 | 34.56 |
| Total Liabilities | 54.77 | 54.36 | 54.66 | 49.01 | 56.96 | 52.60 | 45.97 | 47.48 | 48.72 | 49.43 | 50.89 | 51.38 | 51.29 | 48.76 | 50.46 | 50.27 | 53.20 |
| Retained Earnings | 0.67 | (0.97) | (6.02) | (8.52) | (3.02) | (14.45) | (16.33) | (20.08) | (25.43) | (29.29) | (31.52) | (35.81) | (38.10) | (42.12) | (46.73) | (50.60) | (53.71) |
| Total Stockholder Equity | 178.57 | 176.93 | 171.88 | 169.84 | 174.87 | 165.76 | 163.89 | 161.30 | 157.18 | 154.09 | 152.22 | 148.05 | 145.76 | 142.31 | 137.70 | 133.83 | 128.70 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 26.47 | 25.55 | 27.28 | 27.17 | 24.95 | 26.04 | 25.94 | 25.72 | 25.39 | 25.84 | 25.78 | 25.42 | 24.26 | 23.19 | 24.81 | 24.57 | 24.48 | 23.73 | 89.26 | 0.23 |
| Research & Development | 0.42 | 0.46 | 0.45 | 0.44 | 0.38 | 0.44 | 0.44 | 0.41 | 0.42 | 0.47 | 0.44 | 0.44 | 0.34 | 0.35 | 0.38 | 0.35 | 0.37 | 0.39 | 0.39 | 0.42 |
| Selling, General & Admin | 8.37 | 6.24 | 9.69 | 7.99 | 6.93 | 6.81 | 8.82 | 7.59 | 5.59 | 4.87 | 9.32 | 7.14 | 6.60 | 6.33 | 7.58 | 6.07 | 4.77 | 5.09 | 7.92 | 6.11 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.05 | 0.01 | -- | -- | -- | -- | -- | 0.02 | 0.02 | 0.19 | 0.02 |
| Pretax Income | 2.82 | 3.44 | 1.43 | 4.13 | 2.97 | 3.68 | 1.92 | 4.33 | 5.99 | 7.03 | 2.92 | 4.50 | 4.28 | 4.06 | 3.88 | 5.73 | 6.57 | 6.60 | 4.21 | 4.31 |
| Tax Provision | 0.49 | 0.90 | 0.09 | 1.01 | 0.76 | 1.01 | 0.28 | 1.85 | 1.37 | 1.67 | 0.74 | 0.02 | 1.46 | 1.41 | 0.22 | 2.47 | 1.43 | 1.42 | 2.02 | 0.01 |
| Net Income | 1.64 | 2.06 | 0.73 | 2.51 | 1.96 | 2.26 | 0.83 | 1.87 | 3.76 | 4.11 | 1.24 | 3.86 | 2.23 | 2.05 | 2.24 | 2.29 | 4.02 | 3.89 | 0.72 | 3.87 |
| Basic EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.56 | 0.32 | 0.29 | 0.28 | 0.33 | 0.58 | 0.59 | -- | 0.59 |
| Diluted EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.55 | 0.32 | 0.29 | -- | 0.32 | 0.57 | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 1.58 | 1.86 | 4.22 | 3.15 | 2.21 | 1.69 | 4.60 | 2.81 | 4.07 | 2.62 | 4.32 | 4.29 | 3.17 | 2.70 | 5.18 | 4.32 | 4.55 | 1.24 | 5.95 | 3.59 |
| Capital Expenditures | 0.17 | 2.26 | 0.65 | 0.59 | 0.69 | 1.87 | 0.41 | 0.18 | 0.13 | 0.06 | 0.67 | 2.19 | 0.42 | 0.94 | 0.74 | 1.70 | 0.93 | 1.18 | 0.59 | 0.80 |
| Free Cash Flow* | 1.41 | (0.40) | 3.57 | 2.55 | 1.52 | (0.18) | 4.18 | 2.62 | 3.94 | 2.56 | 3.65 | 2.10 | 2.74 | 1.76 | 4.45 | 2.62 | 3.63 | 0.06 | 5.36 | 2.79 |
| Investing Cash Flow | (0.17) | (2.76) | (0.64) | (0.60) | (2.56) | (2.37) | (0.35) | (0.29) | (0.13) | (0.08) | (0.70) | (2.20) | (0.47) | (0.96) | (0.77) | (1.72) | (1.48) | (1.21) | (0.65) | (1.94) |
| Financing Cash Flow | (0.73) | (2.45) | (1.50) | (1.87) | (4.10) | (1.38) | (1.89) | (1.76) | (2.41) | (2.13) | (1.98) | (1.95) | (1.88) | (1.76) | (1.71) | (1.44) | (1.63) | (1.09) | (1.65) | (1.42) |
* Derived from reported values
