Shares of DatChat (NASDAQ:DATS), Phunware (NASDAQ:PHUN) and Rumble (NASDAQ:RUM) are all in the green following the failed assassination attempt on former President Donald Trump over the weekend. DatChat, Phunware, Rumble Stocks Surge Higher on Trump Reelection Odds Despite the rise, DATS stock is still down more than 50% year-to-date (YTD). On the other hand, PHUN stock and RUM stock are both up by 40% YTD or more. It isn't just these three stocks catching a bid today. With Trump's chances of winning surgin ...

Following this attack on the former President, experts are predicting that it could increase his chances of winning the 2024 presidential election. This is having a large effect on the stock market, as well as on cryptos. With this latest news comes heavy trading of DATS stock. As of this writing, more than 14.9 million shares have changed hands. To put that number in perspective, the company's daily average trading volume is about 158,000 shares. We have all of the hottest market news worth reading about o ...

User Engagement and Platform Development - The company had over 140,000 users on the Habytat platform as of May 12, 2024[140]. - The company launched the open mobile metaverse, Habytat 1.0, in May 2023, aiming to democratize access to the metaverse[141]. - The company introduced AI-powered pets called "HabyPets" in August 2023, enhancing user engagement within the Habytat world[142]. - The "Myseum" platform is scheduled to launch in Q2 2024, allowing users to create personal museums for sharing digital media[143]. - The company aims to leverage patents and develop new technology to enhance user experience in the metaverse[137]. Financial Performance - Revenue for the three months ended March 31, 2024, was $131, a decrease of 14.9% from $154 in the same period of 2023[161]. - Operating expenses decreased by $759,121, or 31.3%, to $1,663,550 for the three months ended March 31, 2024, compared to $2,422,671 in 2023[162]. - Compensation and related expenses fell by $652,028, or 42.1%, to $897,664 in Q1 2024 from $1,549,692 in Q1 2023[164]. - Marketing and advertising expenses decreased by $79,086, or 69.5%, to $34,717 in Q1 2024 from $113,803 in Q1 2023[165]. - Research and development expenses decreased by $48,855, or 17.3%, to $233,918 in Q1 2024 from $282,773 in Q1 2023[167]. - Net loss for the three months ended March 31, 2024, was $1,561,807, or $(0.56) per share, a decrease of $837,407, or 34.9%, from a net loss of $2,399,214, or $(1.16) per share, in 2023[173]. Cash Flow and Financing - Cash and cash equivalents as of March 31, 2024, were $249,983, with short-term investments totaling $5,836,175[174]. - Net cash used in operating activities was $1,477,240 for the three months ended March 31, 2024, a decrease of $282,322 from $1,759,562 in 2023[178]. - Net cash provided by financing activities was approximately $1,420,773 for the three months ended March 31, 2024, compared to net cash used of $(312,489) in 2023[183]. - The company raised aggregate gross proceeds of $1,799,939 from an underwritten public offering, with net proceeds of $1,420,773 after discounts and costs[176]. Corporate Structure and Spin-off Plans - The company plans to spin off the Habytat platform into a standalone public company, currently owning approximately 71.4% of Dragon Interactive[144]. - An underwritten public offering of 382,972 shares and pre-funded warrants was conducted for gross proceeds of approximately $1.4 million[148]. - The company recorded a gain on the initial consolidation of variable interest entities of $42,737 on February 14, 2023[156]. - The company deconsolidated Metabizz, LLC and Metabizz SAS on March 31, 2024, recording a gain on deconsolidation of $107[157]. Product Innovation - The company’s flagship product, DatChat Messenger, allows users to delete messages even after they are sent, enhancing privacy control[134].

Plans to Introduce the Myseum Media Archiving & Social Networking Platform New Brunswick, NJ, May 01, 2024 (GLOBE NEWSWIRE) -- DatChat (NASDAQ:DATS), a secure messaging, social media, and metaverse company, today announced that it will participate in the EF Hutton Annual Global Conference taking place on May 15th, 2024 at The Plaza Hotel in New York City. "We are excited to attend and present at EF Hutton as it provides a unique platform to engage with industry leaders, share insights, and forge meaningful ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40729 DATCHAT, INC. (Exact name of registrant as specified in charter) | Nevada | 47-2502264 | | --- | --- | | (State or jurisdiction ...

Company's social media ecosystem grows with new update to HabyPets AI-powered game New Brunswick, NJ, Feb. 29, 2024 (GLOBE NEWSWIRE) -- DatChat (NASDAQ:DATS), a secure messaging, social media, and metaverse company, today announced a significant enhancement to its Habytat Metaverse with the release of its AI Dog Racing. This latest update introduces a comprehensive monetization across the Habytat platform, showcasing video ads and in-world purchases. On December 28th, DatChat launched its HabyPets interacti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No. 001-40729 DATCHAT, INC. (Exact name of registrant as specified in its charter) | Nevada | 47-2502264 | | -- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No. 001-40729 Registrant's telephone number, including area code: (732) 374-3529 Securities registered pursuant to S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No. 001-40729 DATCHAT, INC. (Exact name of registrant as specified in its charter) Nevada 47-2502264 (State or Other Jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40729 DATCHAT, INC. (Exact name of registrant as specified in charter) | Nevada | 47-2502264 | | --- | --- | | (State or jurisdiction ...