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

LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Supplemental cash flows information related to leases was as follows:

	2023			2022			2021
	For The Years Ended
	December 31,
	2023			2022			2021
Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases	$	3,672		$	825		$	1,019
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$	3,672		$	825		$	1,019
Financing cash flows from finance leases	$	2,837		$	217		$	-
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases	$	2,837		$	217		$	-

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	7,401		$	1,787		$	2,129
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$	7,401		$	1,787		$	2,129
Finance leases	$	2,798		$	931		$	-
Right-of-use assets obtained in exchange for lease obligations: Finance leases	$	2,798		$	931		$	-

Weighted Average Remaining Lease Term
Operating leases		2.74			3.66			4.77
Finance leases		1.71			2.50			-

Weighted Average Discount Rate
Operating leases		7.5	%		4.9	%		4.7	%
Finance leases		6.4	%		6.2	%		0.0	%

Future minimum payments under non-cancellable leases as of December 31, 2023 were as follows:

For the Years Ending December 31,	Operating Lease			Finance Lease
2024	$	3,917		$	580
2025		3,031			115
2026		1,814			30
2027		1,121			26
2028		703			15
Thereafter		1,303			-
Total future minimum lease payments		11,888			765
Less: imputed interest		(1,415	)		(90	)
Total	$	10,473		$	675