Company: MYSEW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110045
Chunk: 0

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
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ITEM 1. FINANCIAL STATEMENTS

MYSEUM, INC. AND SUBSIDIARIES
AND CONSOLIDATED ENTITIES

CONSOLIDATED BALANCE SHEETS

    September 30,  
    December 31, 

    2025  
    2024 

    (Unaudited)  

    ASSETS 

    CURRENT ASSETS: 

    Cash and cash equivalents 
    $457,626  
    $1,196,699 
  
    Short-term investments, at fair value 
     4,346,310  
     2,952,512 
  
    Accounts receivable 
     224  
     207 
  
    Prepaid expenses 
     276,873  
     138,604 

    Total Current Assets 
     5,081,033  
     4,288,022 

    NON-CURRENT ASSETS: 

    Deferred offering costs 
     206,528  
     - 
  
    Property and equipment, net 
     21,635  
     33,436 
  
    Capitalized internal-use software, net 
     1,231,626  
     1,050,000 
  
    Operating lease right-of-usee asset, net 
     223,033  
     - 

    Total Non-current Assets 
     1,682,822  
     1,083,436 

    Total Assets 
    $6,763,855  
    $5,371,458 

    LIABILITIES AND STOCKHOLDERS' EQUITY 

    CURRENT LIABILITIES: 

    Notes payable 
    $40,000  
    $- 
  
    Accounts payable and accrued expenses 
     798,922  
     630,223 
  
    Operating lease liability, current portion 
     48,732  
     - 
  
    Contract liabilities 
     63  
     88 

    Total Current Liabilities 
     887,717  
     630,311 

    LONG-TERM LIABILITIES: 

    Operating lease liability, less current portion 
     181,565  
     - 

    Total Long-Term Liabilities 
     181,565  
     - 

    Total Liabilities 
     1,069,282