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

Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)

9 Months Ended

Sep. 30, 2022

SUMMARY OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE RECURRING AND NONRECURRING BASIS

Assets and liabilities measured at fair value on a recurring or nonrecurring basis are as follows:

	September 30, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Alternative fuel credits	$	-	$	35	$	-	$	35
Total assets	$	-	$	35	$	-	$	35

Liabilities:
Common stock liability	$	558	$	-	$	-	$	558
Contingent consideration		-		-		4,030		4,030
Warrant liability		-		-		55		55
Total liabilities	$	558	$	-	$	4,085	$	4,643

	December 31, 2021
	Level 1		Level 2		Level 3		Total
Assets:
Alternative fuel credits	$	-	$	58	$	-	$	58
Total assets	$	-	$	58	$	-	$	58

Liabilities:
Common stock liability	$	364	$	-	$	-	$	364
Warrant liability		-		-		90		90
Total liabilities	$	364	$	-	$	90	$	454

SUMMARY OF CHANGES IN FAIR VALUE OF LEVEL 3 WARRANT LIABILITIES MEASURED AT RECURRING BASIS

The following table sets forth a summary of the changes in the fair value of Level 3 warrant liabilities that are measured at fair value on a recurring basis:

Contingent Consideration
Beginning balance as of January 1, 2022	$	-
Contingent consideration assumed in Electric Blue acquisition		3,814
Change in fair value of contingent consideration		216
Ending balance as of September 30, 2022	$	4,030

Warrant Liability
Beginning balance as of January 1, 2022	$	90
Change in fair value of warrant liability		(35	)
Ending balance as of September 30, 2022	$	55

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details