Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1158

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 1158
---
 recognize non-cash expenses in connection with certain securities we issue, such as convertible notes and warrants, which may adversely
impact our financial condition. Furthermore, any additional debt or equity financing that we may need may not be available on terms favorable
to us, or at all. If we are unable to obtain such additional financing on a timely basis, we may have to curtail our development activities
and growth plans and/or be forced to sell assets, perhaps on unfavorable terms, or we may have to cease our operations, which would have
a material adverse effect on our business, results of operations and financial condition.

Management has concluded
that there is substantial doubt about our ability to continue as a going concern which could prevent us from obtaining new financing on
reasonable terms or at all. 

We have incurred significant losses
and negative cash flows from operations and have an accumulated deficit that raises substantial doubt about its ability to continue as
a going concern. Our audited consolidated financial statements for the year ended December 31, 2024 were prepared under the assumption
that we would continue our operations as a going concern. Our independent registered public accounting firm has included a “going
concern” explanatory paragraph in its report on our financial statements for the year ended December 31, 2024. If we are unable
to improve our liquidity position, by, among other things, raising capital through public or private offerings or reducing our expenses,
we may exhaust our cash resources and will be unable to continue our operations. If we cannot continue as a viable entity, our shareholders
would likely lose most or all of their investment in us.

Risks
Related to Our Company and Our Business

The
market for our measurement technology is new and unproven, may experience limited growth.

The
market for our measurement technology is relatively new and unproven and is subject to a number of risks and uncertainties. We believe
that our future success will depend in large part on market adoption of Naiz Fit and online third-party resellers. In order to grow our
business, we intend to focus on educating retailers and resellers and other potential customers about the benefits of our measurement
technology, expanding the functionality of our products and bringing new products to market to increase market acceptance and use of
our technology. Our ability to develop and expand the market that our products address depends upon a number of factors, including the
cost savings, performance and perceived value associated with such products. The market for our products could fail to develop or there
could be