Company: MYSZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024073
Chunk: 105

Company: My Size, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 105
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 $995,000 for the three months ended June 30, 2024. The decrease in
comparison with the corresponding period was mainly due to the decrease cost of revenues described above.

Research
and Development Expenses

Our
research and development expenses for the six months ended June 30, 2025 amounted to $224,000 compared to $263,000 for the six months
ended June 30, 2024. The decrease from the corresponding period was mainly due to a decrease in salaries expenses due to reduced headcount
and a decrease in subcontractor expenses.

Our
research and development expenses for the three months ended June 30, 2025 amounted to $142,000 compared to $131,000 for the three months
ended June 30, 2024. The slight increase was mainly due to the annual salary increase of the retained employees in Naiz Fit.

21

Sales
and Marketing Expenses

Our
sales and marketing expenses for the six months ended June 30, 2025 amounted to $1,087,000 compared to $1,933,000 for the six months
ended June 30, 2024. The decrease primarily resulted from a decrease in salary expenses due to reduced headcount, consultant expenses,
travel and marketing expenses.

Our
sales and marketing expenses for the three months ended June 30, 2025 amounted to $520,000 compared to $831,000 for the three months
ended June 30, 2024. The decrease primarily is mainly due to the lower Amazon fees.

General
and Administrative Expenses

Our
general and administrative expenses for the six months ended June 30, 2025 amounted to $1,735,000 compared to $1,932,000 for the six
months ended June 30, 2024. The decrease primarily resulted from a decrease in professional services and insurance expenses.

Our
general and administrative expenses for the three months ended June 30, 2025 amounted to $905,000 compared to $899,000 for the three
months ended June 30, 2024. The decrease primarily resulted from a decrease in salary expenses due to reduced headcount and consultant
expenses.

Operating
Loss

As
a result of the foregoing, for the six months ended June 30, 2025, our operating loss was $1,646,000 a decrease of $302,000, or 16% lower,
compared to our operating loss for the six months ended June 30