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)

3 Months Ended

Mar. 31, 2024

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
	March 31,
	2024			2023
Risk-free interest rate		5.03	%		4.64	%
Contractual term (years)		1.00			1.00
Expected volatility		88	%		77	%
Expected dividend yield		0.00	%		0.00	%

SUMMARY OF CHANGES IN FAIR VALUE OF LEVEL 3 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:

	2024
Consideration payable
Beginning balance as of January 1,	$	18,118
Change in fair value of consideration payable		1,700
Ending balance as of March 31,	$	19,818

Warrant Liability
Beginning balance as of January 1	$	32
Change in fair value of warrant liability		2
Ending balance as of March 31,	$	34

SUMMARY OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE RECURRING AND NONRECURRING BASIS

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

	March 31, 2024
	Level 1		Level 2		Level 3		Total
Assets:
Alternative fuel credits	$	-	$	26	$	-	$	26
Total assets	$	-	$	26	$	-	$	26

Liabilities:
Option liability	$	293	$	-	$	-	$	293
Warrant liability		-		-		34		34
Common stock liability		775		-		-		775
Consideration payable		19,818		-		-		19,818
Total liabilities	$	20,886	$	-	$	34	$	20,920

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Alternative fuel credits	$	-	$	32	$	-	$	32
Total assets	$	-	$	32	$	-	$	32

Liabilities:
Option liability	$	293	$	-	$	-	$	293
Warrant liability		-		-		32		32
Common stock liability		743		-		-		743
Consideration payable		18,118		-		-		18,118
Total liabilities	$	19,154	$	-	$	32	$	19,186