Company: MYSEW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076607
Chunk: 57

Company: Myseum, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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 $139,725,
or 11.0%. During the six months ended June 30, 2025, loss from operations amounted to $3,067,274 as compared to $2,930,522 during the
three months ended June 30, 2024, an increase of $136,752, or 4.7%. The increase was primarily a result of the changes in operating expenses
discussed above

Other Income (Expense)

Other income (expenses) primarily consisted of
interest income, gain on deconsolidation of variable interest entities, and foreign currency exchange loss. During the three months ended
June 30, 2025 and 2024, we reported other income, net of $49,639 and $62,995, respectively, which solely consisted of interest income.
During the six months ended June 30, 2025 and 2024, we reported other income, net of $90,975 and $164,607, respectively.

During the six months ended June 30, 2025, other
income, net solely consisted of interest income of $90,975. During the six months ended June 30, 2024, other income, net primarily consisted
of interest income of $177,465, gain on deconsolidation of variable interest entities of $107, and a foreign currency exchange loss of
$12,965.  

Net Loss and Net Loss Attributable to Common
Shareholders

Due to the foregoing reasons, during the three
months ended June 30, 2025 and 2024, our net loss was $1,357,189 and $1,204,108, respectively, an increase of $153,081, or 12.7%. During
the three months ended June 30, 2025 and 2024, after adjusting net loss for the net loss of subsidiary attributable to noncontrolling
interest of $140,317 and $220,861, respectively, net loss attributable to common shareholders of was $1,216,872, or ($0.29) per common
share (basic and diluted) and $983,247, or ($0.33) per common share (basic and diluted), respectively, an increase of $233,625, or 23.8%.

During the six months ended June 30, 2025 and
2024, our net loss was $2,976,299 and $2,765,915, respectively