Company: MYSEW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044159
Chunk: 0

Company: Myseum, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
ITEM 1. FINANCIAL STATEMENTS

DATCHAT,
INC. AND SUBSIDIARIES AND CONSOLIDATED ENTITIES

CONSOLIDATED BALANCE SHEETS

    March 31,  
    December 31, 

    2025  
    2024 

    (Unaudited)  

    ASSETS 

    CURRENT ASSETS: 

    Cash and cash equivalents 
    $1,265,478  
    $1,196,699 
  
    Short-term investments, at fair value 
     5,785,219  
     2,952,512 
  
    Accounts receivable 
     247  
     207 
  
    Prepaid expenses 
     154,563  
     138,604 

    Total Current Assets 
     7,205,507  
     4,288,022 

    NON-CURRENT ASSETS: 

    Deferred offering costs 
     152,500  
     - 
  
    Property and equipment, net 
     27,895  
     33,436 
  
    Capitalized internal-use software, net 
     1,122,625  
     1,050,000 

    Total Non-current Assets 
     1,303,020  
     1,083,436 

    Total Assets 
    $8,508,527  
    $5,371,458 

    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    CURRENT LIABILITIES: 

    Accounts payable and accrued expenses 
    $699,315  
    $630,223 
  
    Contract liabilities 
     121  
     88 

    Total Current Liabilities 
     699,436  
     630,311 

    Total Liabilities 
     699,436  
     630,311 

    Commitments and Contingencies (Note 9) 

    STOCKHOLDERS’ EQUITY: 

    Preferred stock ($0.0001 par value; 20,000,000 shares authorized) Series A Preferred stock ($0.0001 Par Value; 1 Share designated; none issued and outstanding on March 31, 2025 and December 31, 2024) 
     -  
     - 
  
    Series B Preferred stock ($0.000