Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 57

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 57
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 liabilities assumed based on the preliminary estimates of their fair values, which were determined using generally accepted valuation
techniques based on estimates and assumptions made by management at the time of the acquisition. Such estimates are subject to change
during the measurement period which is not expected to exceed one year. The purchase price allocation was not finalized duo to examination
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