Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 610

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 610
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F-2

Accounting Treatment of Non-Controlling Interests

As described in footnote 2 to the consolidated financial statements,
the Company entered into several transactions in 2024 that involved the equity of its subsidiary RPM Interactive, Inc. (the “subsidiary”)
which created interests in the subsidiary to be accounted for as non-controlling interests. Additionally, to properly allocate the net
loss of the subsidiary to non-controlling interests, management had to allocate certain shared expenses from the parent entity to the
subsidiary. The determination of the date to initially start accounting for non-controlling interests and the dates and method to record
additional initial non-controlling interests, and the method and accuracy of the allocation of shared expenses involved management’s
analysis, judgments and estimates which were complex and subjective.

We identified the above determinations as a critical audit matter.
Auditing management’s analysis, judgments and estimates regarding the above determinations was especially challenging.

The primary procedures we performed to address this critical audit
matter included (a) reviewed authoritative and interpretive literature about non-controlling interests, (b) audited management’s
analysis as to when to start, when to update, and how to record initial non-controlling interests, (c) assessed the reasonableness of
the shared expenses allocation method selected by management and (d) audited the mathematical accuracy of the allocation of the shared
expenses. We agreed with management’s conclusions.

/s/ Salberg & Company, P.A.

SALBERG & COMPANY, P.A.

We have served as the Company’s auditor
since 2023.

Boca Raton, Florida

March 28, 2025

F-3

DATCHAT, INC. AND SUBSIDIARIES AND CONSOLIDATED
ENTITIES

CONSOLIDATED BALANCE SHEETS

    December 31,  
    December 31, 

    2024  
    2023 

    ASSETS 

    CURRENT ASSETS: 

    Cash and cash equivalents 
    $1,196,699  
    $953,362 
  
    Short-term investments, at fair value 
     2,952,512  
     5,236,781 
  
    Accounts receivable 
     207  
     183 
  
    Prepaid expenses 
     138,604  
     185,675 

    Total Current Assets 
     4,288,022