Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 99

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 99
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 costs. Cost of product revenue mainly consists of
the inventory cost, inbound shipping related to the sold merchandise, outbound shipping, outbound labor, packaging costs and inventory
writedowns.

    10

MY
SIZE, INC. AND ITS SUBSIDIARIES

Notes
to Condensed Consolidated Interim Financial Statements (Unaudited)

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

Note
                                            3 – Financial Instruments

The
carrying amounts of cash and cash equivalents, restricted cash, accounts receivable, other receivables, trade payables, accounts payable
and short and long term loans approximate their fair value due to the short-term maturities of such instruments.

The
Company holds share certificates in My City Builders, Inc. (“MYCB”), formerly known as Diamante Minerals, Inc., a publicly
traded company on the OTCQB.

Due
to sales restrictions on the sale of the MYCB shares, the fair value of the shares was measured on the basis of the quoted market price
for an otherwise identical unrestricted equity instrument of the same issuer that trades in a public market, adjusted to reflect the
effect of the sales restrictions and is therefore, ranked as Level 2 assets.

Schedule
of Significant Assets and Liabilities Measured at Fair Value on Recurring Basis 

    September
    30, 2025 

    Fair
    value hierarchy 

    Level
    1  
    Level
    2  
    Level
    3 
  
    Financial assets 

    Investment in marketable securities
    (*) 
     -  
     14  
     - 

    December
    31, 2024 

    Fair
    value hierarchy 

    Level
    1  
    Level
    2  
    Level
    3 
  
    Financial assets 

    Investment in marketable securities
    (*) 
     -  
     7  
     - 

    (*)
    For
    the nine-month period and three months ended September 30, 2025 and 2024, the Company recognized gain (based on quoted market prices
    with a discount due to security restrictions on MYCB shares) of the marketable securities was $7, $0, $1 and $(21) respectively.

Note
4 - Stock Based Compensation

The
stock-based expense equity awards recognized