Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 12

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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ukron in the Magistrate’s Court in Herzliya for a monetary award in an amount of NIS 1,895,345 (approximately $510). The plaintiff alleges that due to the fire that broke out at Orgad’s warehouse in January 2023, the fire spread to the plaintiff’s business and caused heavy damage to the structure and contents, inventory of the business and loss of profits. The Company filed its statement of defense in September 2024. At this preliminary stage, the plaintiff did not provide sufficient documents to support his claims regarding the extent of the alleged damage. 

Based on the Company’s legal advisors, the Company cannot evaluate the
chances of the claim to succeed, at this stage.

Note 6 - Goodwill

The aggregate carrying amounts of goodwill
allocated to each reporting unit are as follows:

 Schedule
of Aggregate Carrying Amount Of Goodwill

    2025  
    2024 

    March 31 

    2025  
    2024 
  
    SaaS Solutions 
     -  
     609 
  
    Fashion and equipment e-commerce platform 
     133  
     133 
  
    Total 
     133  
     742 

    11

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 7 – Operating Segments

The Company has the following two
segments: (i) fashion and equipment e-commerce platform, and (ii) SaaS based innovative artificial intelligence driven measurement solutions.
This realignment reflects the way resources are allocated and performance is assessed by the Chief Operating Decision Maker. The fashion
and equipment e-commerce platform which represents Orgad’s activity that was acquired by the Company in 2022, mainly operates on
Amazon. The SaaS based innovative artificial intelligence driven measurement solutions, or SaaS Solutions operating segment consists
of the Company and certain of its subsidiaries, My Size Israel, My Size LLC and Naiz.

The
Company operating segments are the same as its reportable segments.

The
CODM reviews total operating expenses and consolidated net loss to assess performance, forecast future financial results, and allocate
resources. In assessing the Company's financial performance and making strategic decisions, the CODM regularly reviews segment loss and
operating expenses by function. This includes a review of budget versus actual