Fonar Corp. Dismisses Auditor Marcum LLP
Ticker: FONR · Form: 8-K · Filed: Dec 13, 2024 · CIK: 355019
Sentiment: neutral
Topics: auditor-change, disclosure
TL;DR
FONAR dumped their auditor, Marcum LLP, as of Dec 11, 2024. No drama reported.
AI Summary
Fonar Corporation announced on December 11, 2024, that it has dismissed its former independent registered public accounting firm, Marcum LLP. The company stated that the decision was not due to any disagreements or reportable events with Marcum LLP.
Why It Matters
A change in auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of auditor change without any stated disagreements, indicating low immediate risk.
Key Players & Entities
- Fonar Corporation (company) — Registrant
- Marcum LLP (company) — Former independent registered public accounting firm
- December 11, 2024 (date) — Date of earliest event reported
FAQ
When was the decision to dismiss Marcum LLP made?
The earliest event reported is December 11, 2024, which is the date of the report and the date of the change.
Were there any disagreements with Marcum LLP that led to their dismissal?
No, the filing explicitly states that there were no disagreements or reportable events with Marcum LLP.
Who is Fonar Corporation's new auditor?
This filing does not disclose the name of the new auditor.
What is Fonar Corporation's principal business address?
Fonar Corporation's principal executive office is located at 110 Marcus Drive, Melville, New York 11747.
What is Fonar Corporation's state of incorporation?
Fonar Corporation is incorporated in Delaware.
Filing Stats: 935 words · 4 min read · ~3 pages · Grade level 14.3 · Accepted 2024-12-12 18:27:13
Filing Documents
- fonar_8k-marcum.htm (8-K) — 32KB
- fonar_logo.jpg (GRAPHIC) — 14KB
- exhibit-16.htm (EX-16) — 2KB
- 0000355019-24-000055.txt ( ) — 241KB
- fonr-20230630.xsd (EX-101.SCH) — 3KB
- fonr-20230630_lab.xml (EX-101.LAB) — 33KB
- fonr-20230630_pre.xml (EX-101.PRE) — 22KB
- fonar_8k-marcum_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FONAR CORPORATION (Registrant) ------------------------------------------- By /s/ Timothy R. Damadian Timothy R. Damadian President and CEO Dated: December 12, 2024