CONSIDERATION PAYABLE |
9 Months Ended | ||||||||||||||||||||||||||||||
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Sep. 30, 2024 | |||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||
CONSIDERATION PAYABLE |
4. CONSIDERATION PAYABLE
SEMACONNECT - NOTES PAYABLE
During the nine months ended September 30, 2024, the Company repaid the remaining principal balance of $31,354 due under this note as well as paid $1,139 of accrued interest. The amounts were previously included within consideration payable on the condensed consolidated balance sheets.
ENVOY - NOTES PAYABLE
During
the nine months ended September 30, 2024, the Company repaid the remaining principal balance of $6,527
due under this note as well as paid $297
of accrued interest. The amounts were previously
included within consideration payable on the condensed consolidated balance sheets.
Changes in consideration payable during the nine months ended September 30, 2024 were as follows: SCHEDULE OF CHANGES IN CONSIDERATION PAYABLE
See Note 8 – Fair Value Measurement for additional information.
BLINK CHARGING CO.
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (in thousands except for share and per share amounts)
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- References No definition available.
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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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