Blink Charging Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATIONS (Details Narrative)

BUSINESS COMBINATIONS (Details Narrative) € / shares in Units, $ / shares in Units, € in Thousands							3 Months Ended	7 Months Ended	8 Months Ended		12 Months Ended
	Jun. 15, 2022 USD ($)	Apr. 22, 2022 USD ($) shares	May 10, 2021 USD ($) $ / shares shares	May 10, 2021 EUR (€) shares	Nov. 19, 2020 USD ($) shares	Sep. 11, 2020 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	May 10, 2021 € / shares
Business Acquisition [Line Items]
Working Capital								$ 48,962,000	$ 48,962,000		$ 48,962,000
Cash consideration							$ 1,000,000						$ 1,000,000
Good will		$ 10,443					1,501,000	203,710,000	203,710,000	$ 19,390,000	203,710,000	$ 19,390,000	1,501,000
Revenue											61,139,000	20,940,000	6,231,000
Net loss											(91,560,000)	(55,119,000)	(17,846,000)
Business combination, acquisition related costs											3,407,000		18,000
Total Revenue											61,139,000	20,940,000	6,231,000
Contingent consideration								1,316,000	1,316,000		1,316,000
Business acquisition, interest expense													165,000	$ 322,000
Payments to Acquire Businesses, Gross											38,338,000
Noncash merger related costs													18,000
Fair value							$ 245,000						245,000
Gain on forgiveness of debt													15,550,000
Common Stock [Member]
Business Acquisition [Line Items]
Net loss
Stock Purchase Agreement [Member]
Business Acquisition [Line Items]
Payments to acquire businesses					$ 60,000
Sema Connect, Inc [Member]
Business Acquisition [Line Items]
Business combination, consideration transferred	$ 200,573,000
Working Capital	1,229,000
Business combination,equity interests issued and issuable	$ 3,639,000
Business combination, description	The consideration paid in the acquisition consisted of: (a) $86,736 in cash, (i) of which $46,136 was paid at the closing of the Acquisition Agreement (“Closing”) and (ii) the remaining $40,600 is payable (bearing interest at 7%) until not earlier than nine months following the Closing and not later than three years following the Closing; and (b) 7,454,975 shares of the Company’s common stock with a fair value of $113,837.
Cash consideration								8,103,000	8,103,000		$ 8,103,000
Good will	$ 174,439,000
Current assets: Cash	3,753,000
Restricted cash	8,103,000
Current assets: Accounts receivable	5,515,000
Current assets: Inventory	5,472,000
Current assets: Prepaid expenses and other current assets	1,309,000
Total current assets	24,152,000
Less current liabilities: Accounts payable	2,305,000
Merger consideration payable	8,103,000
Current portion of lease liability	481,000
Current portion of notes payable	186,000
Less current liabilities: Deferred revenue	2,677,000
Less current liabilities: Accounts payable and accrued expenses	5,842,000
Total current liabilities	19,594,000
Debt free net working capital deficit	$ 4,558,000
Revenue								18,411,000
Net loss								$ 3,295,000
Sema Connect, Inc [Member] \| Noncompete Agreements [Member]
Business Acquisition [Line Items]
Percentage of discount											20.00%
Percentage of assumed income tax rate											26.00%
Intangible asset, useful life											2 years
Sema Connect, Inc [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Percentage of discount											20.00%
Percentage of assumed income tax rate											26.00%
Intangible asset, useful life											5 years
Electric Blue Limited [Member]
Business Acquisition [Line Items]
Good will		10,443,000
Percentage of discount											12.00%
Current assets: Cash		1,291,000
Current assets: Accounts receivable		1,618,000
Current assets: Prepaid expenses and other current assets		508,000
Total current assets		3,417,000
Less current liabilities: Accounts payable		647,000
Current portion of lease liability		22,000
Current portion of notes payable		611,000
Less current liabilities: Accounts payable and accrued expenses		2,762,000
Total current liabilities		4,042,000
Revenue									4,601,000
Net loss									$ 4,355,000
Contingent consideration		3,814,000
Business acquisition, interest expense											$ 376,000
Electric Blue Limited [Member] \| Common Stock [Member]
Business Acquisition [Line Items]
Current assets: Cash		$ 650,000
Business acquisition, equity interest issued or issuable, number of shares \| shares		25,466
Electric Blue Limited [Member] \| Noncompete Agreements [Member]
Business Acquisition [Line Items]
Percentage of discount											23.00%
Percentage of assumed income tax rate											25.00%
Intangible asset, useful life											2 years
Electric Blue Limited [Member] \| Sale and Purchase Agreement [Member]
Business Acquisition [Line Items]
Business combination, consideration transferred		$ 19,317,000
Business combination,equity interests issued and issuable		2,852,000
Current assets: Cash		$ 12,651,000
Business acquisition, equity interest issued or issuable, number of shares \| shares		152,803
Total Revenue		$ 6,400,000
Electric Blue Limited [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Percentage of discount											23.00%
Percentage of assumed income tax rate											25.00%
Intangible asset, useful life											6 years
Blue Corner [Member]
Business Acquisition [Line Items]
Business combination, consideration transferred			$ 23,775,000	€ 20,000
Business combination,equity interests issued and issuable			790,000	€ 700
Good will			19,027,000
Current assets: Cash			245,000
Current assets: Accounts receivable			1,927,000
Current assets: Inventory			1,359,000
Current assets: Prepaid expenses and other current assets			372,000
Total current assets			3,903,000
Less current liabilities: Accounts payable			4,131,000
Less current liabilities: Deferred revenue			301,000
Total current liabilities			4,432,000
Debt free net working capital deficit			$ (529,000)
Revenue										7,553,000
Net loss										$ 2,567,000
Business acquisition, equity interest issued or issuable, number of shares \| shares			32,382	32,382								32,382
Business acquisition, interest expense												$ 276,000	579,000
Payments to Acquire Businesses, Gross			$ 22,985,000	€ 19,000
Blue Corner [Member] \| Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross			$ 2,100,000	€ 1,725
Business Acquisition, Share Price \| (per share)			$ 37.66												€ 30.88
Stock Purchase Agreement [Member]
Business Acquisition [Line Items]
Business acquisition, equity interest issued or issuable, number of shares \| shares					66,454
U-Go Stations, Inc [Member]
Business Acquisition [Line Items]
Good will					$ 1,414,000
Current assets: Cash					30,000
Current assets: Accounts receivable					3,000
Current assets: Prepaid expenses and other current assets					7,000
Total current assets					40,000
Less current liabilities: Accounts payable and accrued expenses					428,000
Total current liabilities					428,000
Debt free net working capital deficit					$ (388,000)
U-Go Stations, Inc [Member] \| Stock Purchase Agreement [Member]
Business Acquisition [Line Items]
Business combination, acquisition related costs													6,000
Noncash merger related costs													$ 6,000
BlueLA Carsharing, LLC [Member]
Business Acquisition [Line Items]
Business combination, description						The consideration by the Purchaser for the acquisition of BlueLA included: (a) a cash payment of $1.00, which was paid to the Seller at closing, and (b) in the event BlueLA timely amends its carsharing services agreement with the City of Los Angeles, California, a cash payment to the Seller of $1,000, payable within three business days after such amendment (“Contingent Consideration”).	the Company recorded a measurement period adjustment in order reduce the Contingent Consideration to $0 as of December 31, 2020 with a corresponding decrease to goodwill
Cash consideration						$ 1,000,000
Good will						147,000
Current assets: Cash						3,000
Current assets: Accounts receivable						73,000
Current assets: Prepaid expenses and other current assets						88,000
Total current assets						164,000
Less current liabilities: Accounts payable						163,000
Current portion of lease liability						227,000
Less current liabilities: Accounts payable and accrued expenses						60,000
Total current liabilities						450,000
Debt free net working capital deficit						$ (286,000)
Expiration date						Dec. 10, 2021
BlueLA Carsharing, LLC [Member] \| Transition Service Agreement [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Parking fees payable						$ 175,000
BlueLA Carsharing, LLC [Member] \| Los Angeles Agreement [Member]
Business Acquisition [Line Items]
Business combination, reason for business combination						BlueLA shall provide, manage, operate and maintain (i) usage agreements for electric vehicles in a quantity of no less than one hundred (100) (see payment terms of Car Lease Agreement) and (ii) charging stations in a quantity of no less than two hundred (200) at approximately forty (40) locations for an aggregate cost of approximately $20 per month.