Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 39

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 39
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 14
(NIS 49,500)
per month. For the new office space the monthly rent payments including utilities amounted to approximately $2
per month.

In
addition, the Company entered into a three-year cancelable operating lease agreement for cars.

These
operating leases are included in “Right of use asset” on the Company’s December 31, 2024 consolidated balance
sheets and represent the Company’s right to use the underlying asset for the lease term. The Company’s obligations to
make lease payments are included in the current liabilities as “Operating lease liability” and in the non-current
liabilities as “Operating lease liability - long term” on the Company’s December 31, 2024 consolidated balance
sheets. As of December 31, 2024, right-of-use of asset was $23 based on the extension of the lease period (24 months in total).
Operating lease liabilities were $15
and non current operating lease liabilities were $8.

Because
the rate implicit in each lease is not readily determinable, the Company uses its incremental borrowing rate to determine the present
value of the lease payments.

The
interest rate used to discount future lease payment was 21.8%.

Maturities
of lease liabilities as of December 31, 2024 were as follows:

SCHEDULE OF MATURITIES OF LEASE LIABILITIES

    Year
    Ending: 

    2025 
    $18 
  
    2026 
    $9 
  
    Thereafter 
    $- 
  
    Less
    imputed interest: 
    $(4)
  
    Total
    lease liabilities 
    $23 

    F-16

MY
SIZE, INC. AND ITS SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

U.S.
dollars in thousands (except share data and per share data)

NOTE
7 – Goodwill and other Intangible assets

    A.
    Identified
    intangible assets

Schedule
of Intangible assets

SCHEDULE
OF GOODWILL AND INTANGIBLE ASSETS

    Selling
    Platform  
    Technology  
    Customer
    Relationships  
    Other  
    Total 

    Thousands
    USD  
    Thousands
    USD  
    Thousands
    USD  
    Thousands
    USD  
    Thousands
    USD 
  
    Cost 

    As
    of January 1,