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

LEASES (Tables)

6 Months Ended

Jun. 30, 2024

Supplemental cash flows information related to leases was as follows:


	For The Six Months Ended
	June 30,
	2024			2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,052		$	2,232
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases		2,052			2,232
Financing cash flows from finance leases	$	375		$	1,443
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases		375			1,443

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	653		$	4,765
Right-of-use assets obtained in exchange for lease obligations: Operating leases		653			4,765
Finance leases	$	53		$	2,798
Right-of-use assets obtained in exchange for lease obligations: Finance leases		53			2,798

Weighted Average Remaining Lease Term
Operating leases		2.65			3.21
Financing leases		2.78			1.99

Weighted Average Discount Rate
Operating leases		7.2	%		7.1	%
Finance leases		6.3	%		6.7	%

Future minimum payments under non-cancellable leases as of June 30, 2024 were as follows:

For the Years Ending December 31,	Operating Lease			Finance Lease
2024	$	4,399		$	393
2025		2,979			41
2026		1,673			41
2027		1,042			34
2028		742			10
Thereafter		1,014			-
Total future minimum lease payments		11,849			519
Less: imputed interest		(2,545	)		(166	)
Total	$	9,304		$	353