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Side-by-side financial comparison of FONAR CORP (FONR) and Stabilis Solutions, Inc. (SLNG). Click either name above to swap in a different company.

FONAR CORP is the larger business by last-quarter revenue ($25.5M vs $13.3M, roughly 1.9× Stabilis Solutions, Inc.). FONAR CORP runs the higher net margin — 8.0% vs -2.0%, a 10.0% gap on every dollar of revenue. On growth, FONAR CORP posted the faster year-over-year revenue change (2.4% vs -23.3%). FONAR CORP produced more free cash flow last quarter ($-227.0K vs $-2.5M). Over the past eight quarters, FONAR CORP's revenue compounded faster (-0.3% CAGR vs -18.1%).

FONAR Corp is a specialized medical technology firm that designs, manufactures, and distributes innovative MRI systems including upright and open models. It primarily serves U.S. hospitals, diagnostic imaging centers, and healthcare providers, delivering high-precision scanning solutions for clinical diagnostic use.

Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.

FONR vs SLNG — Head-to-Head

Bigger by revenue
FONR
FONR
1.9× larger
FONR
$25.5M
$13.3M
SLNG
Growing faster (revenue YoY)
FONR
FONR
+25.7% gap
FONR
2.4%
-23.3%
SLNG
Higher net margin
FONR
FONR
10.0% more per $
FONR
8.0%
-2.0%
SLNG
More free cash flow
FONR
FONR
$2.2M more FCF
FONR
$-227.0K
$-2.5M
SLNG
Faster 2-yr revenue CAGR
FONR
FONR
Annualised
FONR
-0.3%
-18.1%
SLNG

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FONR
FONR
SLNG
SLNG
Revenue
$25.5M
$13.3M
Net Profit
$2.1M
$-262.0K
Gross Margin
24.7%
Operating Margin
13.5%
-2.4%
Net Margin
8.0%
-2.0%
Revenue YoY
2.4%
-23.3%
Net Profit YoY
4.7%
-112.4%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FONR
FONR
SLNG
SLNG
Q4 25
$25.5M
$13.3M
Q3 25
$26.0M
$20.3M
Q2 25
$27.3M
$17.3M
Q1 25
$27.2M
$17.3M
Q4 24
$24.9M
$17.3M
Q3 24
$25.0M
$17.6M
Q2 24
$25.9M
$18.6M
Q1 24
$25.7M
$19.8M
Net Profit
FONR
FONR
SLNG
SLNG
Q4 25
$2.1M
$-262.0K
Q3 25
$2.3M
$1.1M
Q2 25
$729.3K
$-613.0K
Q1 25
$2.5M
$-1.6M
Q4 24
$2.0M
$2.1M
Q3 24
$3.1M
$997.0K
Q2 24
$830.4K
$27.0K
Q1 24
$1.9M
$1.5M
Gross Margin
FONR
FONR
SLNG
SLNG
Q4 25
24.7%
Q3 25
27.6%
Q2 25
26.5%
Q1 25
26.2%
Q4 24
28.5%
Q3 24
28.3%
Q2 24
27.1%
Q1 24
31.6%
Operating Margin
FONR
FONR
SLNG
SLNG
Q4 25
13.5%
-2.4%
Q3 25
14.1%
5.5%
Q2 25
5.3%
-2.4%
Q1 25
15.2%
-9.7%
Q4 24
11.9%
12.8%
Q3 24
21.0%
5.0%
Q2 24
7.4%
2.4%
Q1 24
16.8%
7.8%
Net Margin
FONR
FONR
SLNG
SLNG
Q4 25
8.0%
-2.0%
Q3 25
8.7%
5.5%
Q2 25
2.7%
-3.5%
Q1 25
9.2%
-9.2%
Q4 24
7.9%
12.2%
Q3 24
12.6%
5.7%
Q2 24
3.2%
0.1%
Q1 24
7.3%
7.4%
EPS (diluted)
FONR
FONR
SLNG
SLNG
Q4 25
Q3 25
$0.06
Q2 25
$-0.03
Q1 25
$-0.09
Q4 24
$0.12
Q3 24
$0.05
Q2 24
$0.00
Q1 24
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FONR
FONR
SLNG
SLNG
Cash + ST InvestmentsLiquidity on hand
$121.0K
$7.5M
Total DebtLower is stronger
$7.9M
Stockholders' EquityBook value
$176.9M
$66.7M
Total Assets
$217.2M
$83.1M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
SLNG
SLNG
Q4 25
$121.0K
$7.5M
Q3 25
$122.0K
$10.3M
Q2 25
$56.5M
$12.2M
Q1 25
$123.0K
$9.0M
Q4 24
$121.0K
$9.0M
Q3 24
$136.0K
$12.4M
Q2 24
$56.5M
$11.5M
Q1 24
$134.0K
$8.3M
Total Debt
FONR
FONR
SLNG
SLNG
Q4 25
$7.9M
Q3 25
$8.3M
Q2 25
$7.6M
Q1 25
$8.3M
Q4 24
$8.9M
Q3 24
$9.3M
Q2 24
$66.9K
$8.6M
Q1 24
$9.1M
Stockholders' Equity
FONR
FONR
SLNG
SLNG
Q4 25
$176.9M
$66.7M
Q3 25
$174.9M
$66.7M
Q2 25
$172.6M
$65.5M
Q1 25
$171.9M
$65.9M
Q4 24
$169.8M
$67.0M
Q3 24
$168.7M
$65.4M
Q2 24
$166.0M
$63.7M
Q1 24
$165.8M
$63.2M
Total Assets
FONR
FONR
SLNG
SLNG
Q4 25
$217.2M
$83.1M
Q3 25
$218.4M
$87.1M
Q2 25
$216.9M
$83.2M
Q1 25
$214.9M
$83.1M
Q4 24
$208.0M
$85.6M
Q3 24
$212.3M
$89.3M
Q2 24
$214.2M
$82.6M
Q1 24
$209.6M
$80.6M
Debt / Equity
FONR
FONR
SLNG
SLNG
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.00×
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FONR
FONR
SLNG
SLNG
Operating Cash FlowLast quarter
$171.0K
$669.0K
Free Cash FlowOCF − Capex
$-227.0K
$-2.5M
FCF MarginFCF / Revenue
-0.9%
-18.6%
Capex IntensityCapex / Revenue
1.6%
23.7%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$462.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
SLNG
SLNG
Q4 25
$171.0K
$669.0K
Q3 25
$1.7M
$2.4M
Q2 25
$4.2M
$4.5M
Q1 25
$3.1M
$1.0M
Q4 24
$2.2M
$2.2M
Q3 24
$1.7M
$2.6M
Q2 24
$4.6M
$5.0M
Q1 24
$2.8M
$3.9M
Free Cash Flow
FONR
FONR
SLNG
SLNG
Q4 25
$-227.0K
$-2.5M
Q3 25
$-177.0K
$-1.5M
Q2 25
$3.6M
$3.9M
Q1 25
$2.6M
$538.0K
Q4 24
$1.5M
$-3.4M
Q3 24
$-148.0K
$1.2M
Q2 24
$4.2M
$3.7M
Q1 24
$2.6M
$3.1M
FCF Margin
FONR
FONR
SLNG
SLNG
Q4 25
-0.9%
-18.6%
Q3 25
-0.7%
-7.3%
Q2 25
13.1%
22.4%
Q1 25
9.4%
3.1%
Q4 24
6.0%
-19.7%
Q3 24
-0.6%
7.1%
Q2 24
16.1%
19.7%
Q1 24
10.2%
15.5%
Capex Intensity
FONR
FONR
SLNG
SLNG
Q4 25
1.6%
23.7%
Q3 25
7.2%
19.1%
Q2 25
2.4%
3.7%
Q1 25
2.2%
2.8%
Q4 24
3.0%
32.3%
Q3 24
7.2%
7.4%
Q2 24
1.6%
7.4%
Q1 24
0.7%
4.4%
Cash Conversion
FONR
FONR
SLNG
SLNG
Q4 25
0.08×
Q3 25
0.75×
2.14×
Q2 25
5.79×
Q1 25
1.26×
Q4 24
1.14×
1.03×
Q3 24
0.53×
2.56×
Q2 24
5.54×
186.59×
Q1 24
1.50×
2.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FONR
FONR

Managementof Diagnostic Imaging Centers$23.2M91%
Manufacturingand Servicingof Medical Equipment$2.4M9%

SLNG
SLNG

Natural Gas Gathering Transportation Marketing And Processing$11.1M84%
Other$1.3M10%
Services$897.0K7%

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