Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 11

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 Risk-free interest 
     4.3%
  
    Contractual term 
     2.0-2.8 

During the three-month periods
ended March 31, 2024, and 2025 the Company granted options, restricted stock and RSUs to purchase 10,000
and 0
shares, respectively, of common stock under the 2017 Employee Plan (as described above), respectively. No
options were exercised.

The total stock option compensation expense
for employees during the three-month period ended March 31, 2025 and 2024 was $22 and $67, respectively.

The total stock option compensation expense
relating to the Orgad acquisition during the three-month period ended March 31, 2025 and 2024 was $0 and $3, respectively.

Options issued to consultants:

In July 2023, the Company entered into a
six month agreement (the “Consultant Agreement”) with a consultant (the “Consultant”) to provide services to the
Company, including assisting the Company to promote, market and sell the Company’s technology to potential customers and make strategic
introductions and inquiries with interested parties in the financial community. Pursuant to the Consultant Agreement and in partial consideration
for such consulting services, the Company issued to the Consultant (i) 5,000 shares of restricted common stock of the Company, (ii) a
warrant to purchase 12,500 shares of common stock at an exercise price of $4.00 per share and exercisable for a term of 36 months from
the date of issuance, and (iii) a warrant to purchase 12,500 shares of common stock at an exercise price of $6.00 per share and exercisable
for a term of 36 months from the date of issuance.

The issuance was approved by the Company’s
board of directors in February 2024.

During the three-month periods ended March
31, 2025 and 2024, the Company recorded $0 and $71, respectively, as stock-based equity awards with respect to the Consultant.

    10

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 5 - Contingencies and Commitments

    In July 2024, the Company was served with a legal complaint filed by Shimon Sh