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

Leases (Tables)

9 Months Ended

Sep. 30, 2020

Supplemental cash flows information related to leases was as follows:

	For The Nine Months Ended
	September 30,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	160,451	$	151,694

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	597,812	$	266,103

Weighted Average Remaining Lease Term
Operating leases	2.24		1.79

Weighted Average Discount Rate
Operating leases	6.0	%	6.0	%

Future minimum payments under non-cancellable leases as of September 30, 2020 were as follows:

For the Years Ending December 31,	Amount

2020	$	114,421
2021		336,139
2022		249,320
2023		72,728
Total future minimum lease payments		772,608
Less: imputed interest		(40,598	)
Total	$	732,010