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

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Assumptions Used for Valuation of Fair Value Liabilities

Assumptions utilized in the valuation of Level 3 liabilities are described as follows:

	For the Three Months Ended						For the Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014

Risk-free interest rate		0.22% - 1.01%			1.62	%		0.02% - 1.30%			0.90% - 1.62%
Expected term (years)		1.00 - 4.66			4.84 - 5.00			1.00 - 5.05			4.53 - 5.00
Expected volatility		89% - 95%			88	%		84% - 95%			88% - 89%
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%

Summary of Changes in Fair Value of Warrant Liabilities Measured at Recurring Basis

The following table sets forth a summary of the changes in the fair value of Level 3 warrant liabilities that are measured at fair value on a recurring basis:

Derivative Liabilities
Beginning balance as of January 1, 2015	$	3,635,294
Issuance of warrants		310,245
Change in classification		281,403
Change in fair value of derivative liability		(836,070	)
Ending balance as of June 30, 2015	$	3,390,872

Warrants Payable
Beginning balance as of January 1, 2015	$	63,533
Provision for new warrant issuances		4,325
Change in fair value of warrants payable		(57,162	)
Issuance of warrants		(10,696	)
Ending balance as of June 30, 2015	$	-

Summary of Assets and Liabilities Measured at Fair Value Recurring and Nonrecurring Basis

Assets and liabilities measured at fair value on a recurring or nonrecurring basis are as follows:

	June 30, 2015
	Level 1		Level 2		Level 3		Total
Liabilities:
Derivative liabilities	$	-	$	-	$	3,390,872	$	3,390,872
Total liabilities	$	-	$	-	$	3,390,872	$	3,390,872

	December 31, 2014
	Level 1		Level 2		Level 3		Total
Liabilities:
Derivative liabilities	$	-	$	-	$	3,635,294	$	3,635,294
Warrants payable		-		-		63,533		63,533
Total liabilities	$	-	$	-	$	3,698,827	$	3,698,827