Fonar Corporation designs, manufactures, sells, and services magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, medical conditions, and injuries. It operates in two primary segments: the manufacturing and servicing of medical equipment, which includes product sales, upgrades, and repair fees, and the management of diagnostic imaging centers through its wholly owned subsidiary, Health Management Company of America (HMCA). HMCA manages MRI centers primarily in New York and Florida, generating patient fee revenue and management fees, which form the main source of the company's income. A notable feature is the UPRIGHT Multi-Position MRI scanner, which enables imaging in weight-bearing positions such as standing, sitting, bending, or lying down, offering unique diagnostic capabilities. Fonar Corporation markets its scanners to private diagnostic imaging centers and hospital outpatient facilities, positioning it at the intersection of medical device manufacturing and diagnostic imaging services within the healthcare sector. Founded in 1978 and headquartered in Melville, New York, the company focuses on advancing MRI technology for medical diagnostics.