Company: MYSEW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044159
Chunk: 2

Company: Myseum, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 34,717 
  
    Professional and consulting expenses 
     455,484  
     253,625 
  
    Research and development expense 
     6,000  
     233,918 
  
    General and administrative expenses 
     193,503  
     243,626 

    Total operating expenses 
     1,660,529  
     1,663,550 

    LOSS FROM OPERATIONS 
     (1,660,446) 
     (1,663,419)

    OTHER INCOME (EXPENSES): 

    Interest income, net 
     41,336  
     114,470 
  
    Gain on deconsolidation of variable interest entities 
     -  
     107 
  
    Foreign currency exchange loss 
     -  
     (12,965)

    Total other income, net 
     41,336  
     101,612 

    NET LOSS 
     (1,619,110) 
     (1,561,807)

    Net loss of subsidiary attributable to noncontrolling interest 
     145,914  
     423,995 

    NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS 
    $(1,473,196) 
    $(1,137,812)

    COMPREHENSIVE LOSS: 

    Net loss 
    $(1,619,110) 
    $(1,561,807)

    Other comprehensive gain: 

    Unrealized foreign currency translation gain 
     -  
     12,965 

    Comprehensive loss 
    $(1,619,110) 
    $(1,548,842)

    NET LOSS PER COMMON SHARE: 

    Basic and diluted 
    $(0.36) 
    $(0.41)

    WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: 

    Basic and diluted 
     4,089,329  
     2,806,185 

See accompanying notes to unaudited consolidated
financial statements.

2 

DATCHAT, INC. AND SUBSIDIARIES
AND CONSOLIDATED ENTITIES

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’
EQUITY

FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND
2024

(Unaudited)

    Accumulated