Franchise Agreement |
3 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Nature of Operations [Abstract] | |
| FRANCHISE AGREEMENT | NOTE 8 — FRANCHISE AGREEMENT
In May 2026, the Company completed its franchise disclosure document for distribution to potential franchisees and for filing, as required, with applicable provinces in Canada and states in the United States. The Company owns the proprietary business formats and systems comprising the OnCore Longevity System and has applied to register certain related trademarks and service marks.
On May 5, 2026, the Company entered into a franchise agreement with Degco Fitness Ventures Ltd. (“Degco”), a related party Saskatchewan, Canada corporation owned by the Company’s Chief Executive Officer, to establish and operate an OnCore Longevity Center in Regina, Saskatchewan, Canada. The franchise agreement has a term of 10 years and provides for an initial franchise fee and ongoing royalties in accordance with the terms of the agreement. During the three months ended June 30, 2026, the Company recognized $1,000 of revenue related to the initial franchise fee. As of June 30, 2026, the $1,000 initial franchise fee had not been collected and is included in accounts receivable — related party in the accompanying balance sheet. |