Q2 results show wider loss and sharply lower revenue
Myseum.ai posted a Q2 net loss of USD 3.05 million, more than doubled from a year earlier, with loss per share at USD 0.61.
Revenue slipped 52.56% to USD 37, while operating loss widened 80.2% to USD 2.15 million on operating expenses of USD 2.15 million.
Other expense swung to USD 898,053 from other income, driven by a USD 910,000 unrealized loss on Avalon Series E Preferred Stock.
Cash totaled USD 1.87 million at June 30, 2026, with short-term investments of USD 2.06 million and working capital of USD 3.37 million.
Rebranded to Myseum.AI in April, targeting privacy-first localized AI agents for media management across Picture Party and its secure messaging platforms.