1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Valuation
Discussion
Symbol
DATS
Event Date
2021-08-12
Sector
Communication Services
Subsector
Diversified Telecommunication Services
Offer Range
—
Shares Offered
2.89M
17.25M
$71.6M
16.8%
Implied Upside vs Midpoint
Description
We are a communication software company. We believe that one’s right to privacy should not end the moment they click “send.” Our flagship product, DatChat Messenger & Private Social Network (the “Application”), is a mobile application that gives users the ability to communicate with privacy and protection. The Application allows users to exercise control over their messages, even after they are sent. Through the Application, users can delete messages that they have sent, on their own device and the recipient’s device as well. There is no set time limit within which they must exercise this choice. A user can elect at any time to delete a message that they previously sent to a recipient’s device. The Application also enables users to hide secret and encrypted messages behind a cover, which messages can only be unlocked by the recipient and which are automatically destroyed after a fixed number of views or fixed amount of time. Users can decide how long their messages last on the recipient’s device. The Application also includes a screen shot protection system, which makes it virtually impossible for the recipient to screenshot a message or picture before it gets destroyed. In addition, users can delete entire conversations at any time, making it like the conversation never even happened. The Application integrates with iMessage, making private messages potentially available to hundreds of millions of users. We were originally incorporated in the State of Nevada on December 4, 2014 under the name “YssUp, Inc.” On March 4, 2015, an amendment to our articles of incorporation was filed with the Nevada Secretary of State changing our name to “DatChat, Inc.” Our principal executive offices are located at 65 Church Street, New Brunswick, New Jersey 08901, and our telephone number is (732) 354-4766. Our website address is www.datchat.com.
Myseum, Inc. annual income statement and balance sheet, FY 2021 to FY 2025, as reported in SEC filings.
| Metric | FY 2021 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue | $4.4K | $46.2K | $436 | $550 |
| Operating income | ($10.8M) | ($12.2M) | ($3.2M) | ($5.5M) |
| Net income | ($10.8M) | ($12.1M) | ($4.2M) | ($2.6M) |
| Metric | FY 2021 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Total assets | $20.8M | $13.1M | $5.4M | $7.2M |
| Total liabilities | $731K | $557K | $630K | $1.1M |
| Total equity | $20.1M | $12.6M | $4.7M | $6.1M |
| Cash & equivalents | $20.2M | $1.7M | $767K | $749K |