Quarterly ResultMay 15, 2026, 04:28 PM
Myseum.AI Q1 Net Loss $(2.86M); EPS $(0.67); Going Concern Warning
AI Summary
Myseum.AI, Inc. (formerly Myseum, Inc.) reported a net loss of $(2.86) million for the three months ended March 31, 2026, significantly wider than the $(1.62) million loss in the prior year period. Basic and diluted net loss per common share was $(0.67), compared to $(0.36) in Q1 2025. The company also noted a going concern uncertainty due to its ability to raise additional capital. The company changed its name to Myseum.AI, Inc. on April 15, 2026, and deconsolidated its majority-owned subsidiary RPM Interactive, Inc. on December 12, 2025.
Key Highlights
- Net loss for Q1 2026 was $(2,861,610), compared to $(1,619,110) in Q1 2025.
- Basic and diluted net loss per common share was $(0.67) in Q1 2026, versus $(0.36) in Q1 2025.
- Net revenues for Q1 2026 were $73, a decrease from $83 in Q1 2025.
- Total operating expenses rose to $1,685,543 in Q1 2026 from $1,434,044 in Q1 2025.
- Unrealized loss on equity securities was $(1,194,000) in Q1 2026.
- Cash and cash equivalents were $777,159 as of March 31, 2026.
- Total assets decreased to $4,945,011 at March 31, 2026, from $7,197,408 at December 31, 2025.
- Working capital was $1,935,521 as of March 31, 2026.
Price Impact
More from MYSE