The firm's financial health is deteriorating, with an accumulated deficit of $57.8 million significantly outweighing the remaining $3.9 million in total equity as of 2026Q1.
| Total Current Assets | 2.86M | 3.97M | 4.29M | 6.38M | 12.88M | 20.58M | 715.68K | 176.77K | 205.25K | 43.44K | 89.24K | 33.1K | 0 |
| Cash & Short-Term Investments | 777.16K | 749.03K | 4.15M | 6.19M | 12.74M | 20.2M | 690.42K | 70.77K | 199.25K | 43.44K | 89.24K | 1.43K | 0 |
| Cash Only | 777.16K | 749.03K | 1.2M | 953.36K | 1.73M | 20.2M | 690.42K | 70.77K | 199.25K | 43.44K | 89.24K | 1.43K | 0 |
| Short-Term Investments | 0 | 0 | 2.95M | 5.24M | 11.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 73 | 83 | 207 | 183 | 384 | 278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 101.39 | 55.08 | 173.29 | 99.4 | 3.03 | 22.83 | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.59M | 2.98M | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 0 | 0 | 31.67K | 0 |
| Total Non-Current Assets | 2.08M | 3.23M | 1.08M | 130.54K | 237.6K | 238.03K | 28.63K | 52.58K | 0 | 26.88K | 80.65K | -33.1K | 0 |
| Property, Plant & Equipment | 212.08K | 228.57K | 33.44K | 130.54K | 214.22K | 238.03K | 28.63K | 52.58K | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 0.00x | 0.00x | 0.01x | 0.01x | 0.22x | 0.02x | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.05M | 0 | 23.38K | 0 | 0 | 0 | 0 | 26.88K | 80.65K | 134.41K | 0 |
| Long-Term Investments | 4.65M | 2.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 146.24K | 78.64K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -167.51K | 0 |
| Total Assets | 4.95M | 7.2M | 5.37M | 6.51M | 13.11M | 20.82M | 744.32K | 229.35K | 205.25K | 70.33K | 169.89K | 0 | 0 |
| Asset Turnover | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | - | - | - | - | - | - | - |
| Asset Growth % | 69.53% | 33.99% | -17.45% | -50.38% | -37% | 2696.53% | 224.53% | 11.74% | 191.86% | -58.6% | - | - | - |
| Total Current Liabilities | 925.18K | 924.79K | 630.31K | 406.55K | 473.44K | 579.99K | 159.99K | 540.6K | 414.46K | 344.62K | 92.47K | 74.38K | 1.31K |
| Accounts Payable | 871.69K | 873.69K | 630.22K | 322.76K | 404.6K | 517.04K | 103.34K | 150.62K | 75.3K | 136.05K | 14.99K | 202 | 1.03K |
| Days Payables Outstanding | 98.59 | 102.58 | 99.15 | 24.75 | 22.54 | 63.69 | 76.35 | 2.74K | 1.02K | 264.2 | 7.71 | 0.68 | 52.32 |
| Short-Term Debt | 53.43K | 51.04K | 0 | 0 | 0 | 203 | 11.74K | 316.5K | 307.81K | 177.8K | 66K | 70.76K | 282 |
| Deferred Revenue (Current) | 282 | 59 | 88 | 118 | 186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 1.31K | 8.85K | 0 | 35.85K | 31.35K | 30.77K | 11.48K | 3.42K | 0 |
| Current Ratio | 3.09x | 4.29x | 6.80x | 15.68x | 27.20x | 35.48x | 4.47x | 0.33x | 0.50x | 0.13x | 0.97x | 0.44x | - |
| Quick Ratio | 3.09x | 4.29x | 6.80x | 15.68x | 27.20x | 35.48x | 4.47x | 0.33x | 0.50x | 0.13x | 0.97x | 0.44x | - |
| Cash Conversion Cycle | 2.8 | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 153.82K | 167.94K | 0 | 0 | 83.67K | 151.01K | 2K | 28.63K | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 153.82K | 167.94K | 0 | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 376.29K | 0 | 0 | 0 | 83.67K | 151.01K | 0 | 28.63K | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.08M | 1.09M | 630.31K | 406.55K | 557.11K | 731K | 161.99K | 569.23K | 414.46K | 344.62K | 92.47K | 74.38K | 1.31K |
| Total Debt | 207.25K | 218.97K | 0 | 83.67K | 151.01K | 205.11K | 42.37K | 369.08K | 307.81K | 177.8K | 66K | 70.76K | 282 |
| Net Debt | -569.91K | -530.05K | -1.2M | -869.69K | -1.58M | -19.99M | -648.05K | 298.31K | 108.56K | 134.36K | -23.24K | 69.33K | 282 |
| Debt / Equity | 0.05x | 0.04x | - | 0.01x | 0.01x | 0.01x | 0.07x | - | - | - | 0.85x | 0.76x | - |
| Debt / EBITDA | -0.04x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.10x | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | -85266.98x | -23.83x | -36.21x | -16.02x | - | - | - | - |
| Total Equity | 3.87M | 6.1M | 4.74M | 6.1M | 12.56M | 20.08M | 582.33K | -339.88K | -209.21K | -274.29K | 77.42K | 93.12K | -1.31K |
| Equity Growth % | 42.5% | 28.76% | -22.28% | -51.42% | -37.48% | 3348.94% | 271.33% | -62.46% | 23.73% | -454.3% | -16.87% | 7187.06% | - |
| Book Value per Share | 0.90 | 1.45 | 1.60 | 3.01 | 6.25 | 10.25 | 0.34 | -0.20 | -0.19 | -0.25 | 0.09 | 0.15 | -0.00 |
| Total Shareholders' Equity | 3.87M | 6.1M | 6.88M | 6.1M | 12.56M | 20.08M | 582.33K | -339.88K | -209.21K | -274.29K | 77.42K | 93.12K | -1.31K |
| Common Stock | 439 | 433 | 308 | 210 | 2.06K | 1.96K | 1.27K | 1.32K | 2.39K | 1.95K | 1.95K | 1.28K | 1.1K |
| Retained Earnings | -57.84M | -54.98M | -52.37M | -48.13M | -39.73M | -27.59M | -16.76M | -15.78M | -9.22M | -4.31M | -1.81M | -262.98K | -2.41K |
| Treasury Stock | -397.97K | -397.97K | -397.97K | -397.97K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 34.55K | 0 | 0 | 5 | 0 | -207.5K | -3.59M | -101.63K | 0 | 0 |
| Minority Interest | 0 | 0 | -2.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Unsustainable cash burn rate
As reported in recent financial statements, Myseum Inc.'s total equity has declined from $10.3 million in 2025Q1 to $3.9 million by 2026Q1, reflecting a persistent erosion of the capital base driven by ongoing operational losses and the absence of meaningful revenue generation to offset expenditures.
The consistent contraction in equity suggests that the company is consuming its internal resources at an unsustainable pace. Investors should monitor whether this downward trajectory in net assets necessitates further dilutive financing to maintain basic corporate operations.
Based on the company's reported figures, cash reserves have plummeted from $1.3 million in 2025Q1 to $777,200 in 2026Q1, indicating that the firm's liquidity buffer is shrinking rapidly as it continues to fund its pre-revenue operational model through existing cash on hand.
While the current ratio of 3.09 appears superficially healthy, it is heavily distorted by the lack of significant current liabilities rather than an abundance of liquid assets. The rapid decline in cash suggests that the company's runway is becoming increasingly constrained, warranting caution regarding its near-term solvency.
According to quarterly balance sheet data, Myseum Inc.'s asset base is characterized by a lack of meaningful tangible infrastructure, with net PPE remaining stagnant at approximately $212,100 as of 2026Q1, which suggests that the company has not successfully converted capital into scalable, revenue-generating productive assets.
The absence of significant goodwill or long-term productive assets implies that the company's value is almost entirely speculative. This asset mix provides little protection for stakeholders, as there is no evidence of a tangible foundation that could support a pivot to commercial viability.
As disclosed in financial filings, the company's accumulated deficit has ballooned to $57.8 million, a figure that significantly outweighs the remaining $3.9 million in equity, highlighting a structural imbalance that makes the headline equity value potentially misleading for assessing the firm's true financial health.
This massive deficit suggests that historical capital allocation has failed to generate returns, effectively wiping out the majority of shareholder investment. Investors should interpret the remaining equity as a residual value that is highly susceptible to further impairment should the current burn rate persist.
Quick answers to the most common questions about buying MYSE stock.
As of 2025, Myseum Inc. (MYSE) had total assets of $7.2M including $4.0M in current assets.
Myseum Inc. (MYSE) carries total debt of $0.2M, offset by $0.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Myseum Inc. (MYSE) has total shareholders' equity (book value) of $6.1M ($1.45 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Myseum Inc. (MYSE) reported a current ratio of 4.29x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.