Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 140

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 140
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ITEM 1A. RISK FACTORS

An investment in our common stock involves
a high degree of risk. You should carefully consider the following risk factors and the other information in this Annual Report on Form
10-K before investing in our common stock. Our business and results of operations could be seriously harmed by any of the following risks.
The risks set out below are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently
deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results. If any of the
following events occur, our business, financial condition and results of operations could be materially adversely affected. In such case,
the value and trading price of our common stock could decline, and you may lose all or part of your investment.

Risks Related to our Business and Industry

We have a limited operating history and
have not yet generated any revenues.

Our limited operating history makes evaluating the business and future
prospects difficult and may increase the risk of your investment. We were incorporated in 2014, and since then there have been a limited
amount of downloads of the application. To date, we have minimal revenues. As reflected in the accompanying consolidated financial statements,
for the years ended December 31, 2024 and 2023, we incurred a net loss of $5,025,007 and $8,404,970, respectively. Additionally, for the
years ended December 31, 2024 and 2023, we used cash in operations of $4,388,385 and $6,529,277, respectively. As of December 31, 2024,
we had working capital of $3,657,711. We intend, in the long term, to derive revenues from advertisement sales, technology licensing,
and other forms of revenue. The application is available for download on certain mobile platforms and we are developing compatibility
with other platforms. We also continue to develop and refine functions of the application.

6

We have not developed a strong customer
base, and we have not generated sustainable revenue since inception. We cannot assure you that we ever will. We will incur significant
losses in launching products and we may not realize sufficient subscriptions or profits in order to sustain our business.

We have not yet developed a strong customer base
and we have not generated sustainable revenue since inception. We are subject to the substantial risk of failure facing businesses seeking
to develop and commercialize new products and