Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1156

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 1156
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 are a former “shell company” and as such are subject to certain limitations not generally applicable to other public
    companies.

Risks
Related to Our Financial Position and Capital Requirements

We
have historically incurred significant losses and there can be no assurance when, or if, we will achieve or maintain profitability.

We
realized a net loss of approximately $4.0 million and $6.4 million for the years ended December 31, 2024 and 2023 and had an accumulated
deficit of $63.9 million as of December 31, 2024. Because of the numerous risks and uncertainties associated with the development and
commercialization of our products and business, we are unable to predict the extent of any future losses or when we will become profitable,
if at all. Expected future operating losses will have an adverse effect on our cash resources, shareholders’ equity and working
capital. Our failure to become and remain profitable could depress the value of our stock and impair our ability to raise capital, expand
our business, maintain our development efforts, or continue our operations. A decline in our value could also cause you to lose all or
part of your investment in us.

It
is difficult to forecast our future performance, which may cause our financial results to fluctuate unpredictably.

We
have been developing measurement technology since 2014. Since then, our operating history has been primarily limited to research and
development, pilot studies, raising capital, and more recently acquisitions and sales and marketing efforts. Because we do not yet have
an established commercial operating history, and because the market for our products may rapidly evolve, it is hard for us to predict
our future performance. Therefore, it may be difficult to evaluate our business and prospects. We have not yet demonstrated an ability
to profitably commercialize our products. Consequently, any predictions about our future performance may not be accurate, and you may
not be able to fully assess our ability to complete development and/or commercialize our products, and any future products.

We
will need to raise additional capital to meet our business requirements in the future, which is likely to be challenging, could be highly
dilutive and may cause the market price of our common stock to decline.

Based
on our projected cash flows and the cash balances as of the date of this Annual Report on Form 10-K, our existing cash is insufficient
to fund operations for a period of more than 12 months. As a result, there is substantial doubt about our