Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 107

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 107
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of the net working capital of Shoe Size Me at the acquisition date. Any adjustments to the preliminary purchase price allocation identified
during the measurement period will be recognized in the period in which the adjustments are determined.

    14

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
6 – Business Combination (Cont.)

The
following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the acquisition date:

Schedule of Preliminary Fair Value of Assets
Acquired and Liabilities 

    Thousands
    USD 
  
    Cash 
     7 
  
    Account receivable 
     109 
  
    Other receivable 
     4 
  
    Technology* 
     521 
  
    Client relationship** 
     191 
  
    Goodwill*** 
     545 
  
    Trade payables 
     (55)
  
    Other payables 
     (56)
  
    Deferred tax liability 
     (146)
  
    Deferred tax Asset 
     146 
  
    Loans 
     (778)
  
    Total consideration
    paid 
     488 

    *
    The
    estimated useful life of technology is 5
    years. 

    The
    technology was calculated using MEEM replacement cost and is ranked as Level 3 assets as there is no active market.
  
    **
    The
    estimated useful life of Client relationship is 5  years.

    The Client relationship was calculated using MEEM
replacement cost and is ranked as Level 3 assets as there is no active market.

    ***
    Recognized goodwill assets related to the excess of the fair value of purchase consideration over the fair value
of these identifiable assets and liabilities is recorded as goodwill, with an estimated indefinite useful life. The Goodwill is not tax
deductible the Goodwill is related to our SAAS segment.

    (c)
    Acquisition-related
    costs

The
Company occurred $80 in direct transaction costs during the nine month 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