Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 88

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 88
---
 Proceeds from sale of Series B preferred stock 
     -  
     1,000 
  
    Proceeds from sale of common stock, net 
     559,251  
     - 
  
    Proceeds from sale of subsidiary common stock 
     974,198  
     - 
  
    Proceeds from sale of pre-funded warrants 
     861,522  
     - 
  
    Purchase of treasury stock 
     -  
     (397,969)

    NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 
     2,394,971  
     (398,284)

    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 
     243,337  
     (766,629)

    Effect of exchange rate changes on cash 
     -  
     (12,965)

    CASH AND CASH EQUIVALENTS - beginning of year 
     953,362  
     1,732,956 

    CASH AND CASH EQUIVALENTS - end of year 
    $1,196,699  
    $953,362 

    SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: 

    Cash paid for: 

    Interest 
    $-  
    $- 
  
    Income taxes 
    $-  
    $- 

    NON-CASH INVESTING AND FINANCING ACTIVITIES: 

    Initial recording and changes in noncontrolling
    interest deficit 
    $1,351,942  
    $- 
  
    Common stock issued for future
    services 
    $-  
    $200,000 
  
    Acquisition of intangible
    assets for common stock of subsidiary 
    $1,050,000  
    $- 

See accompanying notes to consolidated financial
statements.

F-7

DATCHAT, INC. AND SUBSIDIARIES AND CONSOLIDATED ENTITIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024 and 2023

NOTE 1 – ORGANIZATION

Organization

DatChat, Inc. (the “Company”) was
incorporated in the State of Nevada on December 4, 2014 under the name of YssUp, Inc. On