Myseum Reports Minimal Revenue and Significant Losses in Q2 2025

Myseum, Inc. (formerly DatChat, Inc.) reported its financial results for the second quarter of 2025, revealing a continued trend of minimal revenue generation alongside significant operating losses. For the three months ending June 30, 2025, the company generated revenues of $78, a decrease from $151 in the same period of the previous year. For the first half of 2025, total revenues amounted to $161, down from $282 in the first half of 2024. The company attributed its revenue solely to subscription fees from its messaging application.

Operating expenses for the second quarter increased to $1.41 million, up 11% from $1.27 million in the prior year. The rise in expenses was primarily driven by higher compensation and related costs, which rose by nearly 30% to $679,107, largely due to increased stock-based compensation. Marketing and advertising expenses also saw a significant increase of 120% year-over-year, reflecting the company's efforts to enhance its promotional activities. Overall, Myseum reported a net loss of $1.36 million for the quarter, compared to a loss of $1.20 million in the same quarter of 2024.

In terms of strategic developments, Myseum has been actively expanding its product offerings. The company recently launched its Myseum social media platform, which aims to provide a secure digital content management solution. Additionally, Myseum's acquisition of RPM Interactive in October 2024 has shifted its focus towards developing AI-driven gaming and podcasting technologies. As of June 30, 2025, Myseum held approximately 34% of RPM Interactive's outstanding shares after returning 3.5 million shares to the subsidiary.

Operationally, Myseum reported a total of 4,209,329 shares of common stock outstanding as of August 14, 2025. The company’s cash and cash equivalents stood at $407,888, with short-term investments totaling $5.31 million. Despite the ongoing losses, Myseum believes its existing cash reserves will be sufficient to meet operational needs for the next twelve months. The company continues to anticipate further operating losses as it invests in growth strategies, including research and development and marketing initiatives.

Looking ahead, Myseum's management remains focused on executing its growth strategy while addressing the challenges of generating revenue in a competitive market. The company is committed to enhancing its product offerings and expanding its market presence, particularly through the Myseum platform and its subsidiary RPM Interactive. However, the ongoing financial losses and the need for continued investment in operations may pose risks to achieving its long-term objectives.