Company: MYSEW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110045
Chunk: 123

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 123
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 opportunity
to claim their reward payments, and distributions began in January 2025. The maximum estimated total potential distribution under this
program is expected to be approximately $86,246. However, the actual distribution amount may be lower if less than all contacted shareholders
claim their reward payments. The claim of reward payments has no expiration date. Such claim shall be recorded as settlement expense which
is included in general and administrative expenses on the accompanying unaudited statement of operation and comprehensive loss. During
the nine months ended September 30, 2025, the Company recorded settlement expense of $9,817 and paid settlement expenses of $22,044. As
of September 30, 2025 and December 31, 2024, the Company’s accrued balance of such claim was $64,201 and $76,428, respectively,
which is included in accounts payable and accrued expenses on the accompanying unaudited consolidated balance sheets. 

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

You should read the following discussion and
analysis of our financial condition and results of operations together with our unaudited consolidated financial statements and the related
notes appearing elsewhere in this Quarterly Report on Form 10-Q and the audited financial statements and related notes for the year ended
December 31, 2024 included in our Annual Report on Form 10-K filed with the Securities Exchange Commission, or SEC. In addition to historical
information, this discussion and analysis contains forward-looking statements that involve risks, uncertainties and assumptions. Our actual
results may differ materially from those discussed below. Factors that could cause or contribute to such differences include, but are
not limited to, those identified below, and those discussed in the section titled “Risk Factors” included elsewhere in this
Quarterly Report on Form 10-Q. All amounts in this report are in U.S. dollars, unless otherwise noted.

Overview

We are a private messaging, cybersecurity, and
social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared
with others. We believe that one’s right to privacy should not end the moment they click “send”, and that we all deserve
the same right to privacy online that we enjoy in our own living rooms. Our flagship product, DatChat Messenger & Private Social Network,
is a privacy platform and mobile application that gives users the ability to communicate with the privacy and protection they deserve.