UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                             SEC FILE NUMBER 0-10248
                            CUSIP NUMBER 344437-10-8

      (Check One):  / / Form 10-K  / / Form 20-F  / / Form 11-K
      /X/ Form 10-Q  / / Form N-SAR  / / Form N-CSR
       For Period Ended:  December 31, 2007

      / / Transition Report on Form 10-K
      / / Transition Report on Form 20-F
      / / Transition Report on Form 11-K
      / / Transition Report on Form 10-Q
      / / Transition Report on Form N-SAR
       For the Transition Period Ended:  _________________

Read Instructions (on back page) Before Preparing Form. Please Print or Type.

            NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE
            COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.

         If the notification relates to a portion of the filing checked
         above, identify the Item(s) to which the notification relates:
       __________________________________________________________________

     Part I - REGISTRANT INFORMATION

     FONAR CORPORATION
     Full Name of Registrant

     RAANEX II CORPORATION
     Former Name if Applicable

     110 MARCUS DRIVE
     Address of Principal Executive Office (Street and Number)

     MELVILLE, NY 11747
     City, State and Zip Code

     PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)/X/

     (a) The reasons  described  in  reasonable  detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;

     (b) The subject annual report,  semi-annual  report,  transition  report on
     Form 10-K, Form 20-F,  11-K, Form N-SAR or Form N-CSR, or portion  thereof,
     will be filed  on or  before  the  fifteenth  calendar  day  following  the
     prescribed due date; or the subject  quarterly report or transition  report
     on Form 10-Q or subject distribution report on Form 10D, or portion thereof
     will be filed on or before the fifth  calendar day following the prescribed
     due date; and (c) The  accountant's  statement or other exhibit required by
     Rule 12b-25(c) has been attached if applicable.

     PART III - NARRATIVE

     State below in reasonable  detail why Forms 10-K,  20-F,  11-K, 10-Q, 10-D,
     N-SAR,  N-CSR, or the transition  report of portion  thereof,  could not be
     filed within the prescribed time period.

     The Company was still in the process of finalizing its financial statements
     and  management's  discussion  and  analysis  at the  time  of  the  filing
     deadline.

     PART IV - OTHER INFORMATION

     (1)  Name and  telephone  number  of person  to  contact  in regard to this
          notification

           HENRY T. MEYER, ESQ.      (631)         694-2929
                  (Name)          (Area Code)   (Telephone Number)

     (2) Have all other periodic  reports  required under Section 13 or 15(d) of
     the Securities Exchange Act of 1934 or Section 30 of the Investment Company
     Act of 1940 during the preceding 12 months (or for such shorter period that
     the registrant was required to file such reports) been filed?  If answer is
     no, identify report(s). /X/ Yes / / No

     (3) Is it anticipated that any significant  change in results of operations
     from the corresponding period for the last fiscal year will be reflected by
     the  earnings  statements  to be included in the subject  report or portion
     thereof? / / Yes /X/ No

     If so, attach an explanation of the anticipated  change,  both  narratively
     and quantitatively, and, if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.

                                FONAR CORPORATION
                  (Name of Registrant as Specified in Charter)

     has caused this notification to be signed on its behalf by the

     undersigned hereunto duly authorized.

     Date: February 15, 2008          By  /s/ RAYMOND V. DAMADIAN,
                                          Raymond V. Damadian, President

     INSTRUCTION:  The  form  may  be  signed  by an  executive  officer  of the
     registrant  or by any other duly  authorized  representative.  The name and
     title of the person signing the form shall be typed or printed  beneath the
     signature.  If the  statement is signed on behalf of the  registrant  by an
     authorized  representative  (other than an executive officer),  evidence of
     the representative's authority to sign on behalf of the registrant shall be
     filed with the form.

                                    ATTENTION
        INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
                    CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).

                              GENERAL INSTRUCTIONS

     1. This form is required by Rule 12b-25 (17 CFR  240.12b-25) of the General
     Rules and Regulations under the Securities Exchange Act of 1934.

     2.  One  signed  original  and  four  conformed  copies  of this  form  and
     amendments  thereto must be  completed  and filed with the  Securities  and
     Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of
     the General Rules and Regulations under the Act. The information  contained
     in or filed  with the form will be made a matter  of  public  record in the
     Commission files.

     3. A manually signed copy of the form and amendments thereto shall be filed
     with each national  securities exchange on which any class of securities of
     the registrant is registered.

     4.  Amendments to the  notifications  must also be filed on form 12b-25 but
     need not restate  information that has been correctly  furnished.  The form
     shall be clearly identified as an amended notification.

     5.  Electronic  Filers.  This form shall not be used by  electronic  filers
     unable to  timely  file a report  solely  due to  electronic  difficulties.
     Filers unable to submit a report within the time period  prescribed  due to
     difficulties  in  electronic  filing  should comply with either Rule 201 or
     Rule 202 of  Regulation  S-T  (section  232.201 or section  232.202 of this
     chapter) or apply for an  adjustment  in filing date pursuant to Rule 13(b)
     of Regulation S-T (section 232.13(b) of this chapter).