Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 17

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 17
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 period ended September 30, 2025 which were included in
general and administrative expenses in the consolidated statements of income (loss).

Note
7 – Goodwill

As
of June 30, 2025, the Company experienced a triggering event in the reporting period due to sustained decreases in the Company’s
share price and a decline in actual and forecasted operating results, prompting impairment assessments of goodwill and long-lived assets
including definite-lived intangibles.

The
table below indicates changes in the most significant inputs to the Company’s impairment analysis on each testing date since its
last annual test for the Fashion and equipment e-commerce platform segment.

Schedule of Impairment Analysis 

    Discount
    rate  
    Terminal
                                             
                                                                       growth
                                            rate  
     
    Revenue
     growth rate

    Testing
    dates 

    December 31, 2024 
     22.5% 
     3% 
     
    7.5%-65.6 %

    June 30, 2025 
     22.5% 
     3% 
     
    7.5%-31.6 %

In
June 2025, the Company updated the forecasted future cash flows used in the impairment assessment, including revenues and margin to reflect
current conditions. Other changes in valuation assumptions included selection of lower revenue growth rates based upon an assessment
of current market conditions. As a result of this review, the Company did not identify an impairment to its definite-lived intangible
assets or other long-lived assets, but the Company recorded a $144 non-deductible goodwill impairment charge for the quarter ended September
30, 2025 (level 3 fair value measurement).

This
impairment charge was recorded within Impairment of goodwill, within the Consolidated Statement of Operations, and within the Fashion
and equipment e-commerce platform segment for the Nine months ended September 30, 2025.

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

Schedule
of Aggregate Carrying Amount of Goodwill 

    September
    30  
    December 31 

    2025  
    2024 
  
    Resale platform 
     141  
     - 
  
    Fashion and equipment e-commerce platform 
     -  
     133 
  
    SaaS Solutions 
     545  
     - 
  
    Total 
     686