Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 702

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7
Chunk 702
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Note
16 – Operating Segments

The
Company reports its financial results for the two reportable
segments: (i) fashion and equipment e-commerce platform, and (ii) SaaS based innovative artificial intelligence driven measurement
solutions. The Company chief executive officer who is the Chief Operating Decision Maker (“CODM”) reviews, accompanied
by disaggregated information about revenues and contributed profit by the two identified reportable segments. 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 My Size Inc, 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 expenses and cost of
goods, sales and marketing salaries and other segment expenses. For the fashion and equipment e-commerce platform operating segment
the CODM also reviews gross profit and Amazon fees. For the SaaS Solutions operating segment, the CODM also reviews research and development
expenses.

Revenue,
costs of goods and other costs and expenses are generally directly attributed to the segments. These expenses include research
and development related expenses, costs of Amazon fees, cost of goods, and legal-related costs. Indirect costs are allocated to segments
based on a reasonable allocation methodology, when such costs are significant to the performance measures of the operating segments.
Indirect operating expenses, such as insurance, legal and audit services, mostly allocated based on revenues, most of which is allocated
to the fashion and equipment e-commerce platform segment.

Information
related to the operations of the Company’s reportable operating segments is set forth below:

SCHEDULE
OF REPORTABLE OPERATING SEGMENTS

    Fashion
                                            and equipment
                                                                                e-commerce
                                            platform  
    SaaS Solutions  
    Total 
  
    As
    of the year ended December 31, 2024 

    Revenues
    from external customers 
     7,528   
     729   
     8,257 
  
    Cost of revenues 
     (4,866) 
     (68)