Company: MYSEW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044159
Chunk: 99

Company: Myseum, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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182.9%  Risk—free interest rate   4.59% 

17 

DATCHAT, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2025 AND 2024

(Unaudited)

The following is a summary of the Company’s
stock option activity for the three months ended March 31, 2025 as presented below:

     Number of Options   Weighted Average Exercise Price   Weighted Average Remaining Contractual Life (Years)   Balance on December 31, 2024   114,570   $126.92    2.08   Granted   260,000    5.50    -   Balance on March 31, 2025   374,570   $42.64    7.36   Options exercisable on March 31, 2025   114,570   $126.92    1.83   Weighted average fair value of options granted during the 2025 period       $4.77       

On March 31, 2025, the aggregate intrinsic value
of options outstanding was $0.

Common Stock Warrants

On January 16, 2024, in connection with the Underwriting
Agreement, the Company sold pre-funded warrants to purchase up to 590,000 shares of Common Stock (the “Pre-Funded Warrants”).
The public offering price was $1.8499 for each Pre-Funded Warrant for aggregate gross proceeds of $1,091,441. The per share exercise price
for the Pre-Funded Warrants was $0.0001 and the Pre-Funded Warrants were exercisable immediately. The Underwriters immediately exercised
the 590,000 Pre-Funded Warrants and the Underwriters received 589,981 shares of Common Stock since the exercise was cashless.

A summary of the Company’s outstanding stock
warrants, including 44,252 Series A public warrants, is presented below:

     Number of Warrants   Weighted Average Exercise Price   Weighted Average Remaining Contractual Life (Years)   Balance on December 31, 2024   67,385   $49.80    1.65   Exercised   -    -    -