Blink Charging Co. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Deficiency (Tables)

Stockholders' Deficiency (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Black-Scholes Option Pricing Model to Stock Options Granted Assumption

In applying the Black-Scholes option pricing model to stock options granted, the Company used the following assumptions:

	For the Three Months Ended
	March 31,
	2015			2014

Risk free interest rate		0.93% - 1.21	%		1.34% - 1.56	%
Expected term (years)		3.00 - 3.50			5.00
Expected volatility		91% - 101	%		137% - 141	%
Expected dividends		0.00	%		0.00	%

Summary of Options Activity

A summary of the option activity during the three months ended March 31, 2015 is presented below:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Life		Intrinsic
	Shares			Price		In Years		Value

Outstanding, December 31, 2014		7,690,665		$	1.24
Granted		30,000			0.37
Exercised		-			-
Cancelled/forfeited		(73,000	)		1.00
Outstanding, March 31, 2015		7,647,665		$	1.24		3.3	$	750

Exercisable, March 31, 2015		4,456,665		$	1.27		3.1	$	750

Schedule of Stock Options

The following table presents information related to stock options at March 31, 2015:

	Options Outstanding				Options Exercisable
	Weighted				Weighted
Range of	Average		Outstanding		Average		Exercisable
Exercise	Exercise		Number of		Remaining Life		Number of
Price	Price		Options		In Years		Options

$0.33 - $0.54	$	0.51		560,000		4.0		560,000
$0.55 - $1.00		1.00		1,916,000		4.5		135,000
$1.01 - $1.45		1.17		1,406,665		3.1		1,196,665
$1.46 - $1.56		1.46		3,015,000		2.7		2,065,000
$1.57 - $1.72		1.61		750,000		2.7		500,000
				7,647,665		3.1		4,456,665

Schedule of Assumptions Used in Valuation of Warrants Using Multinomial Lattice Model

The assumptions used in connection with the valuation of warrants were as follows:

	For the Three Months Ended
	March 31,
	2015			2014

Risk free interest rate		0.02% - 1.30	%		0.90	%
Contractual term (years)		1.00 - 5.05			4.53 - 4.69
Expected volatility		84% - 89	%		89	%
Expected dividends		0.00	%		0.00	%

Summary of Warrants Activity

A summary of the warrant activity during the three months ended March 31, 2015 is presented below:

					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
	Number of		Exercise		Life		Intrinsic
	Shares		Price		In Years		Value

Outstanding, December 31, 2014		54,088,323	$	1.28
Issued		3,988,661		0.74
Exercised		-		-
Cancelled/forfeited		-		-
Outstanding, March 31, 2015		58,076,984	$	1.14		3.2	$	18

Exercisable, March 31, 2015		58,076,984	$	1.14		3.2	$	18

Schedule of Stock Warrants

The following table presents information related to warrants at March 31, 2015:

	Warrants Outstanding				Warrants Exercisable
	Weighted				Weighted
Range of	Average		Outstanding		Average		Exercisable
Exercise	Exercise		Number of		Remaining Life		Number of
Price	Price		Warrants		In Years		Warrants

$0.33 - $0.97	$	0.73		25,945,111		3.6		25,945,111
$0.98 - $1.01		1.00		12,001,068		4.4		12,001,068
$1.02 - $1.28		1.05		4,722,882		2.3		4,722,882
$1.29 - $2.25		1.90		15,354,090		1.9		15,354,090
$2.26 - $30.00		20.71		53,833		0.7		53,833
				58,076,984		3.2		58,076,984

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details