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

LEASES (Tables)

9 Months Ended

Sep. 30, 2024

Supplemental cash flows information related to leases was as follows:

	2024			2023
	For The Nine Months Ended
	September 30,
	2024			2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,289		$	3,014
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$	1,289		$	3,014
Financing cash flows from finance leases	$	582		$	2,103
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases	$	582		$	2,103

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	1,076		$	5,386
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$	1,076		$	5,386
Finance leases	$	53		$	3,733
Right-of-use assets obtained in exchange for lease obligations: Finance leases	$	53		$	3,733

Weighted Average Remaining Lease Term
Operating leases		2.71			3.10
Financing leases		3.74			2.00

Weighted Average Discount Rate
Operating leases		7.4	%		7.7	%
Finance leases		6.3	%		6.5	%

Future minimum payments under non-cancellable leases as of September 30, 2024 were as follows:

For the Years Ending December 31,	Operating Lease			Finance Lease
2024	$	4,655		$	48
2025		3,054			41
2026		1,765			39
2027		1,181			32
2028		895			3
Thereafter		1,620			-
Total future minimum lease payments		13,170			163
Less: imputed interest		(2,931	)		(17	)
Total	$	10,239		$	146