Fonar Corporation reported financial results for the second quarter (Q2) of fiscal 2026. Total revenues – net for the quarter ended December 31, 2025, were USD 25.5 million, reflecting an increase of 2%. For the six-month period ended December 31, 2025, total revenues – net were USD 51.6 million, up 3%. Net income for the second quarter rose 15% to USD 2.5 million. For the half-year period, net income stood at USD 5.2 million, representing a decrease of 16%. As of December 31, 2025, cash and cash equivalents were USD 53.0 million, compared to USD 56.3 million at the end of the previous fiscal year, marking a decrease of 6%. In corporate developments, Fonar Corporation announced a proposed transaction involving FONAR, LLC and FONAR Acquisition Sub, Inc. The company intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A and a Schedule 13E-3 Transaction Statement detailing the terms and conditions of the transaction.

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