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

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Supplemental cash flows information related to leases was as follows:

	For the Year Ended
	December 31,
	2020			2019

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	206,662		$	157,672

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	597,812		$	143,339

Weighted Average Remaining Lease Term
Operating leases		2.10			1.42

Weighted Average Discount Rate
Operating leases		6.0	%		6.0	%

Future minimum payments under non-cancellable leases as of December 31, 2020 were as follows:

For the Years Ending December 31,	Amount
2021	$	398,469
2022		249,320
2023		72,728
Total future minimum lease payments		720,517
Less: imputed interest		(31,101	)
Total	$	689,416