Company: MYSZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024073
Chunk: 82

Company: My Size, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 82
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 the company’s
    cashflow. The Company has sold additional securities for $1,987 see note 9. Additional funds may not be available when the Company
    needs them, on terms that are acceptable to it, or at all. If the Company is unsuccessful in commercializing its products and securing
    sufficient financing, it may need to cease operations.
     
    The
    financial statements include no adjustments for measurement or presentation of assets and liabilities, which may be required should
    the Company fail to operate as a going concern.

    c.
    
    In October 2023, Israel was attacked by a terrorist organization and entered
a state of war on several fronts. In June 2025, following continued nuclear threats and intelligence assessments indicating imminent attacks,
Israel launched a preemptive strike targeting military and nuclear infrastructure inside Iran, aiming to disrupt Iran’s ability
to coordinate or escalate hostilities and degrade its nuclear capabilities. Iran responded with multiple waves of drones and ballistic
missiles targeting Israeli cities. While most were intercepted, some caused civilian casualties and infrastructure damage. The Israeli
military conducted further operations against Iranian assets. After 12 days of hostilities, a ceasefire between Israel and Iran was reached
in June 2025. However, the situation remains volatile, and the risk of broader regional escalation involving additional actors persists.

The security situation in Israel has had an immaterial effect on its operations
and financial results so far. This is attributable to its offices in Spain which has become a hub for the Company’s sizing solutions
business. The majority of Orgad’s inventory utilizes fulfillment by Amazon rather than fulfilling directly. Inventory is now maintained
and orders are shipped from regional Amazon warehouses, thereby reducing exposure to inventory risk and contributing to operating efficiencies.

    On February 24, 2022, Russia invaded Ukraine. The outbreak of hostilities
between the two countries could result in more widespread conflict and could have a severe adverse effect on the region. Following Russia’s
actions, various countries, issued broad-ranging economic sanctions against Russia. Such sanctions included, among other things, a prohibition
on doing business with certain Russian companies, officials and oligarchs; a commitment by certain countries and the European Union to
remove selected Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) electronic banking network
that connects banks globally; and restrictive measures to prevent the Russian Central Bank from undermining the impact of the sanctions.

The Company shut down its operation in Russia and is expected to close
down its subsidiary