8. LEASES

OPERATING LEASES

Total operating lease expenses for the three and nine months ended September 30, 2023 were $578 and $1,727 respectively, and for the three and nine months ended September 30, 2022 were $185 and $528, respectively, which were recorded in other operating expenses on the condensed consolidated statements of operations. Operating lease expenses consist of rent expense, CAM adjustments and other expenses.

As of September 30, 2023, the Company did not have additional operating and financing leases that have not yet commenced.

During the three and nine months ended September 30, 2023, the Company recorded $(1) and $115, respectively, of interest (benefit) expense related to finance leases, which were recorded within interest expense on the condensed consolidated statements of operations. During the three and nine months ended September 30, 2023, the Company recorded amortization expense of $394 and $916 related to finance leases. There were no expenses incurred related to finance leases during the nine months ended September 30, 2022.

Supplemental cash flows information related to leases was as follows:

 SCHEDULE OF SUPPLEMENTAL CASH FLOWS INFORMATION RELATED TO LEASES

BLINK CHARGING CO.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(in thousands except for share and per share amounts)

8. LEASES – CONTINUED

Future minimum payments under non-cancellable leases as of September 30, 2023 were as follows:

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS