Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 757

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 757
---
 in USD for employees and several consultants is based on the yield
from US treasury zero-coupon bonds with an equivalent term.

The
Company has historically not paid dividends and has no foreseeable plans to pay dividends.

    F-11

MY
SIZE, INC. AND ITS SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

U.S.
dollars in thousands (except share data and per share data)

NOTE
2 - SIGNIFICANT ACCOUNTING POLICIES (Cont.)

n.
Fair value of financial instruments:

ASC
820, Fair Value Measurements and Disclosures, relating to fair value measurements, defines fair value and established a framework for
measuring fair value. The ASC 820 fair value hierarchy distinguishes between market participant assumptions developed based on market
data obtained from sources independent of the reporting entity and the reporting entity’s own assumptions about market participant
assumptions developed based on the best information available in the circumstances. ASC 820 defines fair value as the price that would
be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement
date, essentially an exit price. In addition, the fair value of assets and liabilities should include consideration of non-performance
risk, which for the liabilities described below includes the Company’s own credit risk.

As
a basis for considering such assumptions, ASC 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in the
valuation methodologies in measuring fair value:

    Level
    1 -
    Valuations
    based on quoted prices in active markets for identical assets that the Company has the ability to access. Valuation adjustments and
    block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices that are readily and regularly
    available in an active market, valuation of these products does not entail a significant degree of judgment.

    Level
    2 -
    Valuations
    based on one or more quoted prices in markets that are not active or for which all significant inputs are observable, either directly
    or indirectly.

    Level
    3 -
    Valuations
    based on inputs that are unobservable and significant to the overall fair value measurement.

The
Company holds shares in iMine Corporation (“iMine”) formerly known as Diamante Minerals, Inc., a publicly-traded
company on the OTCQB.

Due
to sales restrictions on the sale of the iMine shares, the fair value of the shares