Company: MYSEW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076607
Chunk: 96

Company: Myseum, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 96
---
 material operating units qualify for aggregation under “Segment Reporting” due to their similarities
in economic characteristics such as nature of services; and procurement processes. All revenues and expenses as reflected in the accompanying
unaudited consolidated statements of operations and comprehensive loss are allocated to the one segment.

Recent accounting pronouncements

In November 2024, the FASB issued ASU 2024-03,
Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40), which requires entities
to provide more detailed disaggregation of expenses in the income statement, focusing on the nature of the expenses rather than their
function. The new disclosures will require entities to separately present expenses for significant line items, including but not limited
to, depreciation, amortization, and employee compensation. Entities will also be required to provide a qualitative description of the
amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, disclose the total amount of selling
expenses and, in annual reporting periods, provide a definition of what constitutes selling expenses. This pronouncement is effective
for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early
adoption permitted. The Company does not expect the adoption of this new guidance to have a material impact on its consolidated financial
statements.  

Management does not believe that any other recently
issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on its consolidated financial statements.

13

MYSEUM, INC. AND SUBSIDIARIES

(FORMERLY DATCHAT, INC.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2025 AND 2024

(Unaudited)

NOTE 3 – SHORT-TERM INVESTMENTS

On June 30, 2025 and December 31, 2024, the Company’s
short-term investments consisted of the following:

    June 30, 2025  
    December 31, 2024 

    Cost  
    Unrealized Gain  
    Fair Value  
    Cost  
    Unrealized Gain  
    Fair Value 
  
    US Treasury zero coupon bills 
    $5,306,701  
    $          -  
    $5,306,701  
    $2,952,512  
    $          -