Company: MYSZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024073
Chunk: 44

Company: My Size, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 44
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Notes
to Condensed Consolidated Interim Financial Statements (Unaudited)

U.S.
dollars in thousands (except share data and per share data)

Note
1 - General

    a.
    My
                                            Size, Inc. (the “Company”) is developing unique measurement technologies based
                                            on algorithms with applications focused on the apparel e-commerce market. The technology
                                            is driven by proprietary algorithms, which are able to calculate and record measurements
                                            in a variety of novel ways.
     
    Following
    the acquisition of Naiz Fit Bespoke Technologies, S.L (“Naiz”) in October 2022, the Company expanded its offering outreach
    and customer base. Following the acquisition of Orgad International Marketing Ltd. (“Orgad”) in February 2022, the Company
    also operates an omnichannel e-commerce platform.
     
    Following
    the formation of a new subsidiary, New Percentil S.L., and acquisition of a new business unit in May 2025 (see note 6), the Company
    also operates a resale platform that enables consumers to buy and sell primarily secondhand apparel.
     
    The
    Company has seven subsidiaries, My Size Israel 2014 Ltd. (“My Size Israel”), Topspin Medical (Israel) Ltd., Orgad and Rotrade
    Ltd., all of which are incorporated in Israel, My Size LLC, which is incorporated in the Russian Federation, and two limited liability companies incorporated under the laws of Spain namely Naiz and Percentil. References to the Company include the subsidiaries unless the context indicates
    otherwise.
     
    My
    Size, Inc., was incorporated and commenced operations in September 1999, as Topspin Medical Inc. (“Topspin”), a private
    company registered in the State of Delaware. In December 2013, the Company changed its name to Knowledgetree Ventures Inc. Subsequently,
    in February 2014, the Company changed its name to My Size, Inc. Topspin was engaged, through its Israeli subsidiary, in research
    and development in the field of cardiology and urology.
     
    On
    July 25, 2016, the Company’s common stock began publicly trading on the Nasdaq Capital Market under the symbol “MYSZ”.
     
    From
    September 1, 2005 to March 27, 2024, the Company’s common stock was traded on the Tel Aviv Stock Exchange.