Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 9,062 $ 5,898
Accounts receivable and other receivables, net 159,394 128,315
Inventory, net 253,025 394,825
Prepaid expenses and other current assets 112,412 84,631
Total Current Assets 533,893 613,669
Fixed assets, net 436,589 755,682
Intangible assets, net 108,745 116,482
Deferred public offering costs 781,416 335,475
Other assets 40,037 89,573
Total Assets 1,900,680 1,910,881
Current Liabilities:    
Accounts payable 4,218,199 3,500,267
Accounts payable [1] 3,728,193
Accrued expenses 32,550,018 7,955,976
Accrued expenses [1] 5,969
Accrued public information fee 3,005,277
Derivative liabilities 26,628,006 1,583,103
Convertible notes payable, net of debt discount of $129,508 and $501,981 as of September 30, 2017 and December 31, 2016, respectively 2,626,419 581,274
Convertible notes payable - related party 752,645 495,000
Notes payable, net of debt discount of $41,622 and $0 as of September 30, 2017 and December 31, 2016, respectively 556,344 342,781
Current portion of deferred revenue 401,054 600,700
Total Current Liabilities 67,732,685 21,798,540
Deferred revenue, net of current portion 58,261 99,495
Total Liabilities 67,790,946 21,898,035
Series B Convertible Preferred Stock, 10,000 shares designated, 8,250 shares issued and outstanding as of September 30, 2017 and December 31, 2016 825,000 825,000
Commitments and contingencies  
Stockholders' Deficiency:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 4,812,632 and 1,609,530 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 4,813 1,610
Additional paid-in capital 115,474,814 64,078,182
Accumulated deficit (182,206,113) (81,071,782)
Total Blink Charging Co. - Stockholders' Deficiency (66,715,266) (16,980,840)
Non-controlling interest [1] (3,831,314)
Total Stockholder's Deficiency (66,715,266) (20,812,154)
Total Liabilities and Stockholders' Deficiency 1,900,680 1,910,881
Series A Convertible Preferred Stock [Member]    
Stockholders' Deficiency:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized; 11,000 11,000
Series C Convertible Preferred Stock [Member]    
Stockholders' Deficiency:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized; $ 220 $ 150
[1] Related to 350 Green, which, as of May 18, 2017, is no longer a variable interest entity of the Company and, accordingly, 350 Green's was deconsolidated as of May 18, 2017.