Annual report [Section 13 and 15(d), not S-K Item 405]

GOODWILL (Tables)

v3.25.1
GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF GOODWILL

Changes in goodwill by reporting unit during the years ended December 31, 2024 and 2023 were as follows:

 

    Legacy Blink     Mobility     Blue Corner     Blink UK     Total  
Balance as of January 1, 2023   $ 175,875     $ 344     $ 16,644     $ 10,987       203,850  
Additions     -       30,118       -       -       30,118  
Impairment expense     (58,530 )     (2,926 )     (16,644 )     (10,987 )     (89,087 )
Balance as of December 31, 2023     117,345       27,536       -       -       144,881  
Impairment expense     (117,345 )     (9,639 )     -       -       (126,984 )
Balance as of December 31, 2024   $ -     $ 17,897     $ -     $ -     $ 17,897  

SCHEDULE OF CHANGES IN ACCUMULATED IMPAIRMENT

    Legacy Blink     Mobility     Blue Corner     Blink UK     Accumulated Impairment  
Balance as of January 1, 2023   $ -     $ -     $ -     $ -     $ -  
Impairment expense     58,530       2,926       16,644       10,987       89,087  
Balance as of December 31, 2023     58,530       2,926       16,644       10,987       89,087  
Impairment expense     117,345       9,639       -       -       126,984  
Balance as of December 31, 2024   $ 175,875     $ 12,565     $ 16,644     $ 10,987     $ 216,071