Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 20

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 resilience against these factors, we will continue to monitor the direct and indirect impacts of these
or similar circumstances on our business and financial results. For additional information on the potential impact of macroeconomic and
geopolitical conditions on our business, see the “Risk Factors” section in our Annual Report. 

15

Results of Operations

The table below provides our results
of operations for the periods indicated.

    Three months ended March 31, 

    2025  
    2024 

    (dollars in thousands) 
  
    Revenues 
    $1,479  
    $2,984 
  
    Cost of revenues 
     (1,059) 
     (1,788)
  
    Gross profit 
     420  
     1,196 
  
    Research and development expenses 
     (82) 
     (132)
  
    Sales and marketing 
     (567) 
     (1,102)
  
    General and administrative 
     (831) 
     (1,033)
  
    Operating loss 
     (1,060) 
     (1,071)
  
    Financial income (expenses), net 
     -  
     55 
  
    Net loss 
    $(1,060) 
    $(1,016)

Three Months Ended March 31, 2025 Compared to Three
Months Ended March 31, 2024

Revenues

Our revenues for the three
months ended March 31, 2025 amounted to $1,479,000 compared to $2,984,000 for the three months ended March 31, 2024. The decrease in the
three months ended March 31, 2025 from the corresponding period is primarily attributable to a decrease in Orgad sales.

Cost of Revenues

Our cost of revenues expenses
for the three months ended March 31, 2025 amounted to $1,059,000 compared to $1,788,000 for the three months ended March 31, 2024. The
decrease in comparison with the corresponding period was mainly due to a decrease in amounts sold.

Research and Development Expenses

Our research and development
expenses for the three months ended March 31, 2025 amounted to $82,000 compared to $132,000 for the three months ended March 31, 2024.
The decrease from the corresponding period was mainly due to a decrease