Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 1584

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 10
Chunk 1584
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 Year Ended 

    December 31, 

    2024  
    2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(5,025,007) 
    $(8,404,970)
  
    Adjustments to reconcile net loss to net cash
    used in operating activities: 

    Depreciation and amortization 
     23,129  
     28,943 
  
    Amortization of right of use asset 
     73,977  
     60,549 
  
    Stock-based compensation 
     16,816  
     2,002,777 
  
    Stock-based professional fees 
     106,484  
     251,302 
  
    Stock-based professional fees - Dragon Interactive 
     22,500  
     - 
  
    Gain from initial consolidation of variable interest
    entities 
     -  
     (42,737)
  
    Gain on deconsolidation of variable interest entities 
     (107) 
     - 
  
    Foreign currency exchange loss 
     12,965  
     102 
  
    Non-cash research and development expense 
     166,667  
     - 
  
    Impairment loss on property and equipment 
     -  
     43,671 
  
    Impairment loss on digital currencies and other
    digital assets 
     -  
     23,381 
  
    Accrued interest included in short-term investments 
     -  
     (374,817)
  
    Unrealized loss on short-term investments 
     -  
     47,672 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (24) 
     201 
  
    Prepaid expenses 
     (9,649) 
     5,797 
  
    Accounts payable and accrued expenses 
     307,568  
     (103,741)
  
    Contract liabilities 
     (30) 
     (68)
  
    Operating lease liability 
     (83,674) 
     (67,339)

    NET CASH USED IN OPERATING ACTIVITIES 
     (4,388,385) 
     (6,529,277)

    CASH FLOWS FROM INVEST