Myseum, Inc. (formerly DatChat, Inc.) reported a net loss of $3.04 million for the fiscal year ending December 31, 2025, a significant improvement from the $5.03 million loss recorded in the previous year. The company generated revenues of $550, a slight increase from $436 in 2024, primarily from subscription services. Operating expenses surged to $5.49 million, up 70.6% from $3.22 million in 2024, driven by increased compensation, marketing, and professional consulting costs. The company’s total assets as of December 31, 2025, stood at approximately $7.20 million, compared to $5.37 million in 2024.
In a strategic shift, Myseum deconsolidated its subsidiary RPM Interactive on December 12, 2025, following a merger with Avalon GloboCare Corp. This transaction resulted in a gain of $2.88 million, which was classified under discontinued operations. The deconsolidation reflects Myseum's focus on its core offerings, including the DatChat Messenger and the newly launched Myseum social media platform, which aims to provide users with enhanced privacy and control over their digital content.
The company has also made significant strides in product development, launching the Myseum platform in March 2025 and the Picture Party platform in December 2025. These platforms are designed to address privacy concerns in social media and enhance user engagement through innovative features. As of March 29, 2026, Myseum had 4,324,329 shares of common stock outstanding and a market capitalization of approximately $9.99 million, based on a closing price of $2.54 per share.
Myseum's workforce consisted of 11 full-time employees as of March 29, 2026, with no part-time staff. The company continues to face challenges in building a strong customer base and generating sustainable revenue, as indicated by its limited operating history and ongoing losses. Management has expressed the need for additional capital to fund research and development activities and meet operational obligations, raising concerns about the company's ability to continue as a going concern.
Looking ahead, Myseum plans to leverage its recent product launches and strategic partnerships to enhance its market presence. The company aims to expand its user base and improve engagement metrics while navigating the competitive landscape of social media and privacy technology. However, the success of these initiatives will depend on market acceptance and the company's ability to adapt to evolving consumer preferences and technological advancements.
About DatChat, Inc.
Datchat, Inc. develops privacy-focused messaging and social media platforms, including encrypted messaging, message self-destruct features, and secure digital content management. Its flagship products serve consumers and families seeking control over their digital privacy and content. The company also invests in AI-driven gaming and media applications through acquisitions, emphasizing proprietary technology, intellectual property protection, and compliance with data privacy laws.
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