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

Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of estimated useful life of property and equipment

Depreciation and amortization are calculated on a straight-line basis over the estimated useful lives of the assets, as set forth in the table below.

	Useful Lives (in Years)
Computer software and office and computer equipment	3-5 years
Machinery and equipment, automobiles, furniture & fixtures	3-10 years
Installed Level 2 electric vehicle charging stations	3 years
Installed Level 3 (DC Fast Chargers (“DCFC”)) electric vehicle charging stations	5 years

Schedule of outstanding diluted shares outstanding from diluted loss per share computation

The following table shows the number of potentially outstanding dilutive shares excluded from the diluted net loss per share calculation for the nine months ended September 30, 2014 and 2013, as they were anti-dilutive.

	2014		2013
Preferred stock issued		25,000,000		25,000,000

Warrants		45,442,005		17,947,726

Options		7,649,665		5,220,665
Total Potential Dilutive Shares		78,091,670		48,168,391