Company: MYSEW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110045
Chunk: 168

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 168
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 2025 and 2024, we generated
minimal revenues of $489 and $344, respectively. Revenue consisted of subscription revenues.

26

Operating expenses

For the three months ended September 30, 2025,
operating expenses amounted to $1,280,929 as compared to $1,238,246 for the three months ended September 30, 2024, an increase of $42,683,
or 3.3%. For the nine months ended September 30, 2025, operating expenses amounted to $4,348,364 as compared to $4,169,050 for the nine
months ended September 30, 2024, an increase of $179,314, or 4.3%. For the three and nine months ended September 30, 2025 and 2024, operating
expenses consisted of the following:

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Compensation and related expenses 
    $775,965  
    $461,422  
    $2,422,352  
    $1,881,682 
  
    Marketing and advertising expenses 
     54,087  
     34,134  
     164,590  
     101,734 
  
    Professional and consulting expenses 
     221,275  
     222,220  
     1,087,655  
     726,119 
  
    Research and development 
     -   
     363,472  
     11,000  
     823,448 
  
    General and administrative expenses 
     229,602  
     156,998  
     662,767  
     636,067 
  
    Total 
    $1,280,929  
    $1,238,246  
    $4,348,364  
    $4,169,050 

Compensation and related expenses

Compensation and related expenses include salaries,
stock-based compensation, health insurance and other benefits.

During the three months ended September 30, 2025
and 2024, compensation and related expenses amounted to $775,965 and $461,422, respectively, an increase of $314,543, or 68.2%. The increase