Blink Charging Co. (BLNK) financial statements (2022 and earlier)

Company profile

Business Address 407 LINCOLN ROAD, SUITE 704
MIAMI BEACH, FL 33139
State of Incorp. NV
Fiscal Year End December 31
SIC 379 - Miscellaneous Transportation Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments174,795 7,12618,4181856
Cash and cash equivalents174,795 3,97518,4181856
Short-term investments  3,150   
Receivables6,346     
Inventory, net of allowances, customer advances and progress billings10,369 2,1571,235247395
Inventory10,369 2,1571,235247395
Disposal group, including discontinued operation798 6567  
Other undisclosed current assets222 8121,110336213
Total current assets:192,530 10,16120,829769614
Noncurrent Assets
Operating lease, right-of-use asset1,664 258
Property, plant and equipment14,563 1,347384377756
Intangible assets, net (including goodwill)22,845 10796106116
Goodwill19,390     
Intangible assets, net (excluding goodwill)3,455 10796106116
Restricted cash and investments81     
Other noncurrent assets230 74716790
Other undisclosed noncurrent assets   2711,368335
Total noncurrent assets:39,383 1,7878211,9181,297
TOTAL ASSETS:231,913 11,94721,6502,6871,911
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,812 3,2704,12730,30311,456
Accounts payable7,134 2,3721,4204,2283,500
Accrued liabilities5,678 8982,70726,0757,956
Deferred revenue2,858 568
Debt10 201288598343
Derivative instruments and hedges, liabilities    3,4481,583
Deferred revenue and credits384601
Other liabilities  74   
Other undisclosed current liabilities547 2588287987,816
Total current liabilities:16,227 4,3695,24335,53121,799
Noncurrent Liabilities
Long-term debt and lease obligation1,531 85   
Operating lease, liability1,531 85
Liabilities, other than long-term debt321 59 5099
Deferred revenue and credits5099
Deferred revenue128 1
Other liabilities193 58   
Other undisclosed noncurrent liabilities   3143,200 
Total noncurrent liabilities:1,852 1443143,25099
Total liabilities:18,079 4,5135,55638,78121,898
Temporary equity, carrying amount    825825
Stockholders' equity
Stockholders' equity attributable to parent, including:213,834 7,43416,094(36,919)(16,981)
Common stock42 2626680
Common stock, share subscribed but unissued, subscriptions receivable  (412)   
Additional paid in capital458,046 176,730175,925119,49963,999
Accumulated other comprehensive income (loss)(1,784) 183   
Accumulated deficit(242,470) (169,505)(159,856)(156,435)(81,072)
Other undisclosed stockholders' equity attributable to parent  41201111
Stockholders' equity attributable to noncontrolling interest     (3,831)
Total stockholders' equity:213,834 7,43416,094(36,919)(20,812)
TOTAL LIABILITIES AND EQUITY:231,913 11,94721,6502,6871,911

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues20,540 2,7592,6862,5003,326
Revenue, net2,5003,326
Cost of revenue(18,098) (2,367)(1,784)(1,455)(2,814)
Cost of goods and services sold(1,531) (128)(260)(380)(806)
Provision for loan, lease, and other losses187 (437)(204)
Other undisclosed gross profit400     
Gross profit:2,842 3929021,046512
Operating expenses(58,511) (10,864)(12,514)(8,468)(7,725)
Operating loss:(55,669) (10,472)(11,612)(7,423)(7,213)
Nonoperating income (expense)550 8238,191(67,941)(486)
Investment income, nonoperating294  (162)(97) 
Other nonoperating expense(554)     
Interest and debt expense  3102,137(946)(256)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (310)   
Loss from continuing operations before equity method investments, income taxes:(55,119) (9,649)(1,284)(76,310)(7,955)
Other undisclosed income from continuing operations before income taxes110,238     
Income (loss) from continuing operations before income taxes:55,119 (9,649)(1,284)(76,310)(7,955)
Income tax expense (benefit)7,039 (5,800)   
Income (loss) before gain (loss) on sale of properties:62,158 (15,449)(1,284)(76,310)(7,955)
Other undisclosed net income (loss)(117,277)  (2,137)946256
Net loss:(55,119) (15,449)(3,421)(75,363)(7,699)
Other undisclosed net income attributable to parent  5,800   
Net loss attributable to parent:(55,119) (9,649)(3,421)(75,363)(7,699)
Preferred stock dividends and other adjustments    4,267(1,469)
Other undisclosed net loss available to common stockholders, basic   (23,459)(8,534) 
Net loss available to common stockholders, diluted:(55,119) (9,649)(26,880)(79,631)(9,168)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss:(55,119) (15,449)(3,421)(75,363)(7,699)
Other comprehensive income (loss)(1,784) 183   
Comprehensive loss:(56,903) (15,265)(3,421)(75,363)(7,699)
Other undisclosed comprehensive income, net of tax, attributable to parent438 5,800   
Comprehensive loss, net of tax, attributable to parent:(56,465) (9,465)(3,421)(75,363)(7,699)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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