Company: MYSZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024073
Chunk: 56

Company: My Size, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 56
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 is ranked as Level 3 assets as there is
                                    no active market.

    (c)
    Acquisition-related
    costs

The
Company did not incur any direct transaction costs during the six month period ended June 30, 2025 which were included in general
and administrative expenses in the consolidated statements of income (loss).

Note
7 – Goodwill

As
of June 30, 2025 the Company has experienced a triggering event in the reporting period due to sustained decreases in the Company’s
share price and a decline in actual and forecasted operating results, prompting impairment assessments of goodwill and long-lived assets
including definite-lived intangibles.

The
table below indicates changes in the most significant inputs to the Company’s impairment analysis on each testing date since its
last annual test for the Fashion and equipment e-commerce platform segment.

Schedule of Impairment Analysis 

    Discount
    rate  
    Terminal
                                             growth
                                            rate  
    Revenue
                                             growth
                                            rate 
  
    Testing
    dates 

    December
    31, 2024 
     22.5% 
     3% 
     7.5%-65.6%
  
    June
    30, 2025 
     22.5% 
     3% 
     7.5%-31.6%

In
June 2025, the Company updated the forecasted future cash flows used in the impairment assessment, including revenues and margin to reflect
current conditions. Other changes in valuation assumptions included selection of lower revenue growth rates based upon an assessment
of current market conditions. As a result of this review, the Company did not identify an impairment to its definite-lived intangible
assets or other long-lived assets, but the Company recorded a $144 non-deductible goodwill impairment charge for the quarter ended June
30, 2025 (level 3 fair value measurement).

This
impairment charge was recorded within Impairment of goodwill, within the Consolidated Statement of Operations, and within the
Fashion and equipment e-commerce platform segment for the six months ended June 30, 2025.

The
aggregate carrying amounts of goodwill allocated to each reporting unit are as follows:

Schedule
of Aggregate Carrying Amount Of Goodwill 

    2025  
    2024 

    June 30  
    December 31 

    2025  
    2024 
  
    Resale platform