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

Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

These intangible assets were capitalized at their estimated fair values at the respective dates of acquisition and will be amortized over their remaining estimated useful lives.

	Gross Carrying Amount at December 31, 2013		Accumulated Amortization at December 31, 2013		Amortization- Six months ended June 30, 2014		Net Carrying Amount At June 30, 2014
Trademarks	$	17,580	$	(1,367)	$	(1,256)	$	14,957
Patents		132,661		(1,447)		(3,902)		127,312
Awarded government contracts		923,261		(107,040)		(258,498)		557,723
Totals	$	1,073,502	$	(109,854)	$	(263,656)	$	699,992

Schedule of intangible assets amortization expense

Based on the intangible assets recorded at June 30, 2014, and assuming no subsequent impairment of the underlying assets, annual amortization expense for the next five years is expected to be as follows:

For the Year Ending June 30,:	Amount
2015	$	568,038
2016		10,315
2017		10,315
2018		10,315
2019		10,315
Thereafter		90,694