Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 7

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 for
    measurement or presentation of assets and liabilities, which may be required should the Company fail to operate as a going concern.

    c.
    
    In October 2023, Hamas terrorists infiltrated Israel’s southern
border from the Gaza Strip and conducted a series of attacks on civilian and military targets. Hamas also launched extensive rocket attacks
on the Israeli population and industrial centers located along Israel’s border with the Gaza Strip and in other areas within the
State of Israel. These attacks resulted in thousands of deaths and injuries, and Hamas additionally kidnapped many Israeli civilians and
soldiers. Following the attack, Israel’s security cabinet declared war against Hamas and commenced a military campaign against Hamas
and other terrorist organizations in parallel to their continued rocket and terror attacks.

In addition, since the commencement of these events,
there have been continued hostilities along Israel’s northern border with Lebanon (with the Hezbollah terror organization;), Israel’s
southern border with the Gaza Strip (with the Hamas terrorist organization) and on other fronts from various extremist groups in region,
such as the Houthis in Yemen and various rebel militia groups in Syria and Iraq. Further, on April 13, 2024, and on October 1, 2024, Iran
launched a series of drone and missile strikes against Israel. In November 2024, a ceasefire agreement was reached between Israel and
Lebanon.

    The war with Hamas and Hezbollah has
    had an immaterial effect on its operations and financial results so far. This is attributable to its offices in Spain which has
    become a hub for the Company’s sizing solutions business. The majority of Orgad’s inventory utilizes fulfillment by
    Amazon rather than fulfilling directly. Inventory is now maintained and orders are shipped from regional Amazon warehouses, thereby
    reducing exposure to inventory risk and contributing to operating efficiencies.

    The security situation in Israel has had an immaterial
    effect on its operations and financial results so far. This is attributable to its global footprint and the offices in Spain, which has
    become a hub for the Company’s sizing solutions business. The majority of Orgad’s inventory utilizes fulfillment by Amazon
    rather than fulfilling directly. Inventory is now maintained in and orders are shipped from regional Amazon warehouses, thereby reducing
    exposure to inventory risk and contributing to operating efficiencies.
     
    On February 24, 2022, Russia invaded Ukraine. The
    outbreak of hostilities between the two countries could result in more widespread conflict and could have a severe adverse effect