Company: MYSEW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044159
Chunk: 6

Company: Myseum, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 6
---
 operating assets and liabilities: 

    Accounts receivable 
     (40) 
     (17)
  
    Prepaid expenses 
     (15,959) 
     (52,659)
  
    Accounts payable and accrued expenses 
     69,092  
     61,794 
  
    Contract liabilities 
     33  
     44 
  
    Operating lease liability 
     -  
     (19,376)

    NET CASH USED IN OPERATING ACTIVITIES 
     (1,405,389) 
     (1,477,240)

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Proceeds from sale of short-term investments 
     1,481,603  
     2,688,668 
  
    Purchase of short-term investments, net 
     (4,314,310) 
     (3,337,115)
  
    Increase in intangible assets - capitalization of internal-use software 
     (72,625) 
     - 

    NET CASH USED IN INVESTING ACTIVITIES 
     (2,905,332) 
     (648,447)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from sale of common stock, net 
     4,532,000  
     559,251 
  
    Proceeds from sale of pre-funded warrants 
     -  
     861,522 
  
    Payment of deferred offering costs 
     (152,500) 
     - 

    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     4,379,500  
     1,420,773 

    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 
     68,779  
     (704,914)

    Effect of exchange rate changes on cash 
     -  
     1,535 

    CASH AND CASH EQUIVALENTS  - beginning of period 
     1,196,699  
     953,362 

    CASH AND CASH EQUIVALENTS  - end of period 
    $1,265,478  
    $249,983 

    SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: