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

LEASES (Tables)

9 Months Ended

Sep. 30, 2023

Supplemental cash flows information related to leases was as follows:

	2023			2022
	For The Nine Months Ended
	September 30,
	2023			2022
Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases	$	3,014		$	412
Cash paid for amounts included in the measurement of lease liabilities ; Operating cash flows from operating leases	$	3,014		$	412
Financing cash flows from finance leases	$	2,103		$	144
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases	$	2,103		$	144

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	5,386		$	398
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$	5,386		$	398
Finance leases	$	3,733		$	931
Right-of-use assets obtained in exchange for lease obligations: Finance leases	$	3,733		$	931

Weighted Average Remaining Lease Term
Operating leases		3.10			3.21
Finance leases		2.00			2.50

Weighted Average Discount Rate
Operating leases		7.7	%		3.8	%
Finance leases		6.5	%		6.2	%

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

For the Years Ending December 31,	Operating Lease			Finance Lease
2023	$	3,038		$	1,378
2024		2,397			813
2025		1,775			297
2026		1,209			27
2027		777			21
Thereafter		1,448			-
Total future minimum lease payments		10,644			2,536
Less: imputed interest		(1,812	)		(192	)
Total	$	8,832		$	2,344