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

LEASES (Tables)

3 Months Ended

Mar. 31, 2024

Supplemental cash flows information related to leases was as follows:

	2024			2023
	For The Three Months Ended
	March 31,
	2024			2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	339		$	346
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$	339		$	346
Financing cash flows from finance leases	$	169		$	92
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases	$	169		$	92

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	375		$	1,209
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$	375		$	1,209
Finance leases	$	53		$	-
Right-of-use assets obtained in exchange for lease obligations: Finance leases	$	53		$	-

Weighted Average Remaining Lease Term
Operating leases		2.72			3.45
Financing leases		2.27			2.00

Weighted Average Discount Rate
Operating leases		7.3	%		5.5	%
Finance leases		6.3	%		6.2	%

Future minimum payments under non-cancellable leases as of March 31, 2024 were as follows:

For the Years Ending December 31,	Operating Lease			Finance Lease
2024	$	5,091		$	497
2025		3,249			41
2026		1,779			41
2027		1,160			35
2028		659			18
Thereafter		1,207			-
Total future minimum lease payments		13,145			632
Less: imputed interest		(2,637	)		(73	)
Total	$	10,508		$	559