Total assets have contracted significantly to $4.9M from a 2025Q1 peak of $8.5M, reflecting the erosion of shareholder equity due to accumulated retained losses of $57.8M.
| 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 | -1 | 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 |
Imminent capital exhaustion risk
As reported in recent financial statements, Myseum's total assets have declined from a peak of $8.5M in 2025Q1 to $4.9M in 2026Q1, reflecting a consistent contraction in the company's resource base as it fails to generate meaningful commercial traction or sustainable operational value.
The steady decline in total assets suggests that the company is consuming its capital base to fund ongoing operating losses rather than investing in growth-generating activities. This trajectory indicates that the business model remains unproven and is currently reliant on the liquidation of existing assets to maintain basic operations.
Based on the latest quarterly filings, Myseum's cash position has fallen to $777.2K, a significant reduction from the $1.3M reported in 2025Q1, which highlights the company's precarious liquidity position as it continues to burn through its remaining capital without achieving a self-sustaining revenue stream.
While the current ratio of 3.09 appears superficially healthy, it is heavily skewed by the lack of significant short-term liabilities rather than an abundance of liquid assets. Investors should monitor the cash runway closely, as the current burn rate suggests that the company may face a liquidity crisis in the near term.
According to the balance sheet data, Myseum's equity has eroded to $3.9M in 2026Q1 from a high of $10.3M in 2025Q1, a trend driven by the accumulation of massive retained losses that now total approximately $57.8M as of the most recent reporting period.
The persistent growth in negative retained earnings indicates that the company has consistently failed to generate positive returns on invested capital. This erosion of equity suggests that shareholders are bearing the full brunt of the company's inability to monetize its privacy-focused technology stack.
As disclosed in historical filings, the company's balance sheet previously carried $1.2M in goodwill before writing it down to zero, a development that warrants further investigation into the nature of past acquisitions and the potential for future impairment risks regarding remaining intangible assets.
The sudden disappearance of goodwill from the balance sheet suggests that previous strategic investments failed to yield the expected economic benefits. This volatility in intangible asset valuation raises concerns about the reliability of the company's asset reporting and the potential for further write-downs.
Quick answers to the most common questions about buying MYSEW stock.
As of 2025, Myseum Inc. (MYSEW) had total assets of $7.2M including $4.0M in current assets.
Myseum Inc. (MYSEW) 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. (MYSEW) 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. (MYSEW) 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.