U. S. SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-Q

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2025

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to _________

Commission File No. 001-37370

MY SIZE, INC.

(Exact name of registrant as specified in its charter)

Delaware

51-0394637

(State or other jurisdiction

of incorporation or organization)

(I.R.S. Employer

I.D. No.)

HaNegev 4, POB 1026, Airport City, Israel, 7010000

(Address of principal executive offices)

+972-3-600-9030

Registrant’s telephone number, including area code:

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value per share		MYSZ		Nasdaq Capital Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes ☐ No ☒

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: as of November 14, 2025, 3,848,979 shares of common stock, par value $0.001 per share were issued and outstanding.

MY SIZE, INC.

INDEX TO QUARTERLY REPORT ON FORM 10-Q

FOR THE QUARTER ENDED SEPTEMBER 30, 2025

TABLE OF CONTENTS

		PAGE
PART I - FINANCIAL INFORMATION		1

Item 1.	Condensed Consolidated Interim Financial Statements (Unaudited)	1
	Condensed Consolidated Interim Balance Sheets	3
	Condensed Consolidated Interim Statements of Comprehensive Loss	4
	Condensed Consolidated Interim Statements of Changes in Stockholders’ Equity	5
	Condensed Consolidated Interim Statements of Cash Flows	6
	Notes to Condensed Consolidated Interim Financial Statements	7
Item 2.	Management’s Discussion & Analysis of Financial Condition and Results of Operations	19
Item 3.	Quantitative and Qualitative Disclosure About Market Risk	26
Item 4.	Controls and Procedures	26

PART II - OTHER INFORMATION		27

Item 1.	Legal Proceedings	27
Item 1A.	Risk Factors	27
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	29
Item 3.	Defaults Upon Senior Securities	29
Item 4.	Mine Safety Disclosures	29
Item 5	Other information	29
Item 6.	Exhibits	29

PART I

FINANCIAL INFORMATION

Item 1. Financial Statements.

My Size, Inc. and Subsidiaries

Condensed Consolidated

Interim

Financial Statements

As of September 30, 2025

(unaudited)

U.S. Dollars in Thousands

MY SIZE, INC. AND ITS SUBSIDIARIES

Condensed Consolidated Interim Financial Statements as of September 30, 2025 (Unaudited)

Contents

	Page

Condensed Consolidated Interim Balance Sheets (Unaudited)	3

Condensed Consolidated Interim Statements of Comprehensive Loss (Unaudited)	4

Condensed Consolidated Interim Statements of Changes in Stockholders’ Equity (Unaudited)	5

Condensed Consolidated Interim Statements of Cash flows (Unaudited)	6

Notes to Condensed Consolidated Interim Financial Statements (Unaudited)	7-18

MY SIZE, INC. AND ITS SUBSIDIARIES

Condensed Consolidated Interim Balance Sheets (Unaudited)

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

	September 30,			December 31,
	2025			2024

Assets
Current Assets:
Cash and cash equivalents		4,493			4,880
Inventory		3,345			2,796
Account receivables		506			278
Other receivables and prepaid expenses		743			1,118
Total current assets		9,087			9,072

Long term deposits		-			7
Property and equipment, net		72			67
Operating right-of-use asset		13			23
Intangible assets		1,772			750
Goodwill		686			133
Investment in marketable securities		14			7
Other non-current asset		10			-
Total non-current assets		2,567			987

Total assets		11,654			10,059

Liabilities and stockholders’ equity

Current liabilities:
Operating lease liability		13			15
Short-term loans		101			107
Trade payables		1,273			2,084
Liabilities to related parties		69			151
Seller payable		282			-
Other payables		1,595			639
Total current liabilities		3,333			2,996

Long-term loans		832			146
Operating lease liability		-			8
Other Non-Current Liabilities		193			-
Total non-current liabilities		1,025			154
Commitments and contingencies		-			-
Total liabilities		4,358			3,150

Stockholders’ equity:
Stock Capital -
Common stock of $0.001 par value - Authorized: 250,000,000 shares; Issued and outstanding: 3,848,979 and 2,040,159 as of September 30, 2025 and December 31, 2024, respectively		4			2
Additional paid-in capital		74,874			71,608
Accumulated other comprehensive loss		(861	)		(825	)
Accumulated deficit		(66,721	)		(63,876	)
Total stockholders’ equity		7,296			6,909
Total liabilities and stockholders’ equity		11,654			10,059

The accompanying notes are an integral part of the condensed consolidated interim financial statements.

MY SIZE, INC. AND ITS SUBSIDIARIES

Condensed Consolidated Interim Statements of Comprehensive Loss (Unaudited)

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

	2025			2024			2025			2024
	Nine-Months Ended September 30,						Three-Months Ended September 30,
	2025			2024			2025			2024

Revenues		6,057			6,802			2,572			1,839
Cost of revenues		(3,504	)		(3,831	)		(1,563	)		(1,048	)
Gross profit		2,553			2,971			1,009			791

Operating expenses
Research and development		(355	)		(352	)		(131	)		(89	)
Sales and marketing		(2,321	)		(2,670	)		(1,234	)		(737	)
General and administrative		(2,735	)		(2,572	)		(1,000	)		(640	)
Impairment of goodwill		(144	)		(631	)		-			(631	)

Total operating expenses		(5,555	)		(6,225	)		(2,365	)		(2,097	)
Operating loss		(3,002	)		(3,254	)		(1,356	)		(1,306	)
Financial income (expenses), net		157			(26	)		21			6
Loss before taxes		(2,845	)		(3,280	)		(1,335	)		(1,300	)
Taxes on income		-			-			-			-

Net loss		(2,845	)		(3,280	)		(1,335	)		(1,300	)

Other comprehensive income (loss):

Foreign currency translation differences		(36	)		(125	)		4			(26	)

Total comprehensive loss		(2,881	)		(3,405	)		(1,331	)		(1,326	)

Basic and diluted loss per share		(1.00	)		(4.21	)		(0.40	)		(1.25	)
Basic and diluted weighted average number of shares outstanding		2,837,552			779,319			3,313,569			1,040,446

The accompanying notes are an integral part of the interim condensed consolidated financial statements.

MY SIZE, INC. AND ITS SUBSIDIARIES

Condensed Consolidated Interim Statements of Changes in Stockholders’ Equity (Unaudited)

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

Common stock

Additional

paid-in

Accumulated
other
comprehensive

Accumulated

Total
stockholders’

Number

Amount

capital

loss

deficit

equity

Balance as of January 1, 2025

2,040,159

71,608

(825

)

(63,876

)

6,909

Stock-based compensation related to options granted to employees and consultants

10,000

SEC Form 10-Q filed by My Size Inc.