Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 24

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 operations, which would have
a material adverse effect on our business, results of operations and financial condition.

We have
not entered into any transactions with unconsolidated entities in which we have financial guarantees, subordinated retained interests,
derivative instruments or other contingent arrangements that expose us to material continuing risks, contingent liabilities or any other
obligations under a variable interest in an unconsolidated entity that provides us with financing, liquidity, market risk or credit risk
support.

18

Critical Accounting Estimates

Our management’s
discussion and analysis of our financial condition and results of operations is based on our financial statements, which we have prepared
in accordance with U.S. generally accepted accounting principles issued by the Financial Accounting Standards Board. The preparation of
these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and
the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported expenses during the
reporting periods. Actual results may differ from these estimates under different assumptions or conditions.

Our significant
accounting policies were revenue from contracts with customers which are more fully described in the notes to our financial statements
included herein. We believe these accounting policies discussed below are critical to our financial results and to the understanding of
our past and future performance, as these policies relate to the more significant areas involving management’s estimates and assumptions.
We consider an accounting estimate to be critical if: (1) it requires us to make assumptions because information was not available at
the time or it included matters that were highly uncertain at the time we were making our estimate; and (2) changes in the estimate could
have a material impact on our financial condition or results of operations.

Item 3. Quantitative and Qualitative Disclosure
About Market Risk.

Not required for a smaller reporting
company.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls
and procedures that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, and the rules
and regulations thereunder, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules
and forms and that such information is accumulated and communicated to our management, including our principal executive officer and principal
financial officer, as appropriate, to allow for timely decisions regarding required disclosure. In designing and evaluating the disclosure
controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide
only reasonable