Liquidity is under extreme pressure, as evidenced by a 2025Q4 CapEx/Rev ratio of 1,190% and a consistent failure to generate positive free cash flow, which frequently exceeds $1 million in quarterly outflows.
| Cash from Operations | -4.11M | -4.27M | -4.39M | -6.53M | -7.26M | -8.45M | -1.1M | -1.04M | -979.12K | -361.85K | -515.13K | -222.76K | -3.38K |
| Operating CF Margin % | - | -775831.64% | -1006510.32% | -971618.6% | -15706.85% | -190202.56% | - | - | - | - | - | - | - |
| Operating CF Growth % | 18.81% | 2.76% | 32.79% | 10.05% | 14.14% | -671.69% | -5.5% | -6.06% | -170.59% | 29.76% | -131.25% | -6482.65% | - |
| Net Income | -4M | -3.04M | -5.03M | -8.4M | -12.14M | -10.83M | -979.47K | -6.56M | -4.91M | -2.5M | -1.55M | -260.56K | -28.97K |
| Depreciation & Amortization | 85.97K | 75.02K | 97.11K | 89.49K | 177.28K | 45.54K | 23.95K | 20.03K | 26.88K | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 613.86K | 740.7K | 145.8K | 2.25M | 3.52M | 2.3M | 20K | 110K | 0 | 0 | 0 | 8.33K | 13.2K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.03K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -1.24M | -2.81M | 179.53K | -302.73K | 1M | -6.13K | -143.35K | 5.42M | 4.08M | 2.14M | 1.03M | 29.47K | 12.38K |
| Working Capital Changes | 683.79K | 770.25K | 214.19K | -165.15K | 179.62K | 31.74K | -16.7K | -13.9K | -62.47K | 0 | 0 | 0 | 0 |
| Change in Receivables | 164 | 124 | -24 | 201 | -106 | -278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 524.24K | 0 | 0 | 0 | 0 | 0 | 0 | 86.1K | -56.47K | 0 | 0 | 0 | 0 |
| Cash from Investing | 4.01M | -244.24K | 2.24M | 6.16M | -11.21M | -56.04K | 0 | 0 | 0 | 0 | 0 | -61.29K | 0 |
| Capital Expenditures | -93.3K | -4.47K | 0 | -49.48K | -44.48K | -56.04K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | 17277.22% | 813.64% | - | 7363.84% | 96.24% | 1260.72% | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 64.54K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -48.92K | -210.36K | 0 | 0 | -232.5K | 0 | 0 | 0 | 0 | 0 | 0 | -61.29K | 0 |
| Cash from Financing | 46.27K | 4.49M | 2.39M | -398.28K | 1.11K | 28.02M | 1.72M | 909.99K | 1.13M | 316.05K | 602.95K | 285.48K | 3.38K |
| Debt Issued (Net) | 40K | 40K | 0 | 0 | 0 | -7.5K | -152.96K | -13.5K | 92.2K | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 30.29K | 4.53M | 1.53M | -396.97K | 0 | 13.67M | 1.88M | 708.6K | 1.05M | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -397.97K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -24.03K | -78.64K | 861.52K | -1.31K | 1.11K | 14.36M | -13.49K | 214.89K | -3.69K | 316.05K | 602.95K | 285.48K | 3.38K |
| Net Change in Cash | -488.33K | -17.95K | 243.34K | -779.59K | -18.47M | 19.51M | 619.65K | -128.48K | 155.81K | -45.8K | 87.81K | 1.43K | 0 |
| Free Cash Flow | -4.19M | -4.27M | -4.39M | -6.58M | -7.54M | -8.51M | -1.1M | -1.04M | -979.12K | -361.85K | -515.13K | -222.76K | -3.38K |
| FCF Margin % | -775911.11% | -776645.27% | -1006510.32% | -978982.44% | -16307.8% | -191463.28% | - | - | - | - | - | - | - |
| FCF Growth % | 2.93% | 2.66% | 33.29% | 12.71% | 11.45% | -676.81% | -5.5% | -6.06% | -170.59% | 29.76% | -131.25% | -6482.65% | - |
| FCF per Share | -0.98 | -1.02 | -1.48 | -3.24 | -3.75 | -4.34 | -0.64 | -0.60 | -0.88 | -0.33 | -0.58 | -0.37 | -0.01 |
| FCF Conversion (FCF/Net Income) | 1.05x | 1.64x | 1.04x | 0.78x | 0.60x | 0.78x | 1.12x | 0.16x | 0.20x | 0.14x | 0.33x | 0.85x | 0.12x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1.5K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Unsustainable cash burn rate
As reported in quarterly financial statements, Myseum Inc. exhibits a persistent divergence between net income and operating cash flow, with the OCF/NI ratio frequently exceeding 1.0, suggesting that reported losses are consistently exacerbated by actual cash outflows rather than non-cash accounting adjustments or accrual benefits.
The consistent inability to align net income with operating cash flow suggests that the company's losses are not merely accounting artifacts but represent real-world cash consumption. Investors should monitor this trend, as the lack of a positive conversion cycle indicates that the business model is currently incapable of self-funding its own operations.
Based on the provided cash flow data, Myseum Inc. has maintained a consistently negative free cash flow trajectory, with quarterly outflows frequently exceeding $1 million, underscoring the company's reliance on external capital to sustain its current operational footprint in the absence of meaningful revenue generation.
The persistent negative FCF margins, which have reached extreme levels such as -27,575% in 2025Q3, highlight a structural inability to generate cash from core activities. This trajectory suggests that the company remains in a high-risk pre-commercial phase where cash burn is the primary operational metric.
According to historical cash flow filings, Myseum Inc.'s capital expenditure is highly volatile and disproportionate to revenue, with CapEx/Rev ratios reaching as high as 1,190% in 2025Q4, indicating that infrastructure investment is not currently tied to any measurable commercial output or scalable growth.
The erratic nature of these capital outlays suggests that management may be attempting to build out technical infrastructure ahead of demand, which appears to be a high-risk strategy given the current revenue base. Analysts should investigate whether these expenditures are truly growth-oriented or merely maintenance costs for an underutilized platform.
As disclosed in recent financial data, Myseum Inc. utilizes stock-based compensation to supplement its operational structure, with quarterly adjustments reaching as high as $230,900, which effectively masks the true extent of the company's cash-based operating losses and dilutes existing shareholders without providing tangible cash flow relief.
The reliance on non-cash compensation appears to be a mechanism to preserve limited cash reserves, yet it does not address the underlying lack of commercial viability. This practice warrants further investigation, as it may be inflating the perceived cost-efficiency of the firm while failing to align management incentives with actual revenue growth.
Quick answers to the most common questions about buying MYSE stock.
Myseum Inc. (MYSE) generated $-4.3M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Myseum Inc. (MYSE) reported negative free cash flow of $4.3M in 2025, indicating capital requirements exceeded cash from operations.
Myseum Inc. (MYSE) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.