Company: MYSEW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076607
Chunk: 54

Company: Myseum, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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30, 2025 and
2024, we generated minimal revenues of $78 and $151, respectively. During the six months ended June 30, 2025 and 2024, we generated minimal
revenues of $161 and $282, respectively. Revenue consisted of subscription revenues.

26

Operating expenses

For the three months ended June 30, 2025, operating
expenses amounted to $1,406,906 as compared to $1,267,254 for the three months ended June 30, 2024, an increase of $139,652, or 11.0%.
For the six months ended June 30, 2025, operating expenses amounted to $3,067,435 as compared to $2,930,804 for the six months ended June
30, 2024, an increase of $136,631, or 4.7%. For the three and six months ended June 30, 2025 and 2024, operating expenses consisted of
the following:

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Compensation and related expenses 
    $679,107  
    $522,596  
    $1,646,387  
    $1,420,260 
  
    Marketing and advertising expenses 
     72,241  
     32,883  
     110,503  
     67,600 
  
    Professional and consulting expenses 
     410,896  
     250,274  
     866,380  
     503,899 
  
    Research and development 
     5,000  
     226,058  
     11,000  
     459,976 
  
    General and administrative expenses 
     239,662  
     235,443  
     433,165  
     479,069 
  
    Total 
    $1,406,906  
    $1,267,254  
    $3,067,435  
    $2,930,804 

Compensation and related expenses

Compensation and related expenses include salaries,
stock-based compensation, health insurance and other benefits.

During the three months ended June 30, 2025 and
2024, compensation and