Company: MYSEW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076607
Chunk: 25

Company: Myseum, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 determining comprehensive
loss. The cumulative translation adjustment and effect of exchange rate changes on cash for the six months ended June 30, 2025 and 2024
were $0 in both periods. Transactions denominated in foreign currencies are translated into the functional currency at the exchange rates
prevailing on the transaction dates. Assets and liabilities denominated in foreign currencies are translated into the functional currency
at the exchange rates prevailing at the balance sheet date with any transaction gains and losses that arise from exchange rate fluctuations
on transactions denominated in a currency other than the functional currency included in the results of operations as incurred. On March
31, 2024, based on the Company’s analysis, the Company deconsolidated Metabizz SAS (See Note 1).

Basic and diluted net loss per share

Basic net loss per share is computed by dividing
the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the
weighted average number of common shares and potentially dilutive securities outstanding during the period. The following were excluded
from the computation of diluted shares outstanding as they would have had an anti-dilutive impact on the Company’s net loss.

    June 30, 

    2025  
    2024 
  
    Common stock equivalents: 

    Common stock warrants 
     127,385  
     67,385 
  
    Common stock options 
     426,820  
     140,570 
  
    Total 
     554,205  
     207,955 

Segment reporting

The Company operates as a single operating segment
as a technology-based company that is developing social media applications and technologies. In accordance with ASC 280 – “Segment
Reporting”, the Company’s chief operating decision maker has been identified as the Chief Executive Officer, who reviews
operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which
is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and
to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material
assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similarities
in economic characteristics such as nature of services; and procurement processes. All revenues and expenses as reflected in the accompanying
unaudited consolidated statements of operations and comprehensive loss are allocated to the one segment