Company Summary: Medical Exercise Inc.

Business Overview

Type of Business: Provider of specialized spinal care services in North America
Core Technology: Utilizes Medical Exercise Inc.’s spinal strengthening machines (Lumbar and Cervical Extension Machines sourced from MedX, Inc.)
Business Model: Private pay, non-insurance, cash-based clinics aimed at offering accessible, affordable, and effective spinal care
Service Focus: Non-invasive therapy targeting chronic back and neck pain through targeted strength training exercises
Clinic Environment: Consumer-friendly, retail location-based clinics (approximately 1,000-1,200 sq ft) with a welcoming, non-clinical atmosphere, open longer hours, and no appointment required
Locations: Initially operated a single clinic in North Palm Beach, Florida (closed as of June 2024); actively seeking new locations with high visibility and traffic

Primary Service: Spinal strengthening therapy using Medical Exercise Inc.’s specialized machines
Program Features:
- Functional testing and muscle analysis
- Personalized treatment plans
- Use of lumbar and cervical extension machines for isolated muscle strengthening
- Digital record keeping compliant with privacy regulations
Additional Offerings: Wellness plans with discounted routines, ongoing assessments, and targeted exercises designed for older demographics

Target Customers: Primarily adults aged 40 and above, often with specific health needs related to spinal health
Industry Context:
- The U.S. spinal care market valued at approximately $8.03 billion in 2024
- Growing due to increased prevalence of back pain and spinal disorders
- Competition includes chiropractors, physical therapists, pain management clinics, and surgical providers
Market Drivers: Rising chronic spinal conditions, demand for non-invasive treatments, aging population, consumer wellness trends

Revenue:
- $2,805 from inception in September 2023 to March 31, 2024
- $1,294 for the year ended March 31, 2025
Net Income / Loss:
- Loss of $148,014 in the period ending March 31, 2024
- Loss of $330,985 for the year ended March 31, 2025
Employees:
- From January to June 2024, employed four part-time staff and one salaried sales manager
- As of March 31, 2025, only a senior manager remains; actively transitioning to new site
Assets:
- Cash decreased from $10,657 in March 2024 to $450 in March 2025
- Property & equipment decreased from $72,114 to $59,903
- Intangible assets increased from $1,914 to $4,908 (mainly website costs)
Liabilities:
- Current liabilities of approximately $132,560 (up from $137,000 in 2024)
- Advances payable to related party (CEO) of $79,548 as of March 2025
- No ongoing major legal proceedings or regulatory issues

The company is in early development stages with no current revenue-generating clinics other than the initial closed clinic
Still seeking additional capital to reopen and expand clinics
Operates on a strategy to develop company-owned clinics focusing on high-visibility retail locations
Emphasizes premium technological services targeting a demographic seeking non-invasive, wellness-oriented spinal care