Company: MYSZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024073
Chunk: 17

Company: My Size, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 17
---

of the Company at an exercise price of $3.832 per share. The option vesting period is over three years in three equal portions from the
vesting commencement date.

The
compensation cost resulting from the grant is approximately $314 and is expected to be recognized over a period of 3 years.

The
fair value of each option award is estimated on the date of grant using the Binomial option-pricing model that used the weighted average
assumptions in the following table. The risk free rate for the expected term of the option is based on the U.S. Treasury yield curve
in effect at the time of grant.

Schedule
of Fair Value Assumptions of Stock Option

    2024 Grants 
  
    Dividend yield 
     0%
  
    Expected volatility 
     86.22%
  
    Risk-free interest 
     4.3%
  
    Contractual term 
     2.0-2.8 

    2025 Repricing 
  
    Dividend yield 
     0%
  
    Expected volatility 
     135.6-211.3%
  
    Risk-free interest 
     4.0-4.2%
  
    Contractual term 
     0.18-1.70 

There
were no options, shares of restricted common stock or RSUs granted during the six-month period June 30, 2025, compared to an
aggregate of 91,875
options, shares of restricted common stock and RSUs granted during the six-month period ended June 30, 2024, under the Plan. No
options were exercised.

On June 4,
2025, the compensation committee of the Company board of directors reduced the exercise price of outstanding options granted under the
Plan of certain employees, officers and directors of the Company for the purchase of an aggregate of 13,926 shares of common stock (with
exercise prices ranging from $3.832 to $8.72 per share) to $1.28 per share, which was the closing price for the Company’s common
stock on June 4, 2025 (the “Option Repricing”). No options were exercised. In connection
with the Option Repricing, the Company accelerated the vesting options held by the Company’s former chief financial officer and
the Company recorded  one-time expenses of $6 and $17.

The
total stock option compensation expense for employees during the six and three-month period ended June 30