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)

9 Months Ended

Sep. 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 are being amortized over their remaining estimated useful lives.

	Gross Carrying Amount at December 31, 2013		Accumulated Amortization at December 31, 2013		Amortization- Nine months ended September 30, 2014		Net Carrying Amount At September 30, 2014
Trademarks	$	17,580	$	(1,367)	$	(1,884)	$	14,329
Patents		132,661		(1,447)		(5,853)		125,361
Awarded government contracts		923,261		(107,040)		(278,760)		537,461
Totals	$	1,073,502	$	(109,854)	$	(286,497)	$	677,151

Schedule of intangible assets amortization expense

Based on the intangible assets recorded at September 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 Twelve Months Ending September 30,:	Amount
2015	$	547,775
2016		10,315
2017		10,315
2018		10,315
2019		10,315
Thereafter		88,116