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
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments174,795186,730195,617232,153 
Cash and cash equivalents174,795133,153142,053195,646 
Short-term investments 53,57753,56536,506 
Receivables6,346    
Inventory, net of allowances, customer advances and progress billings10,3694,6865,5473,433 
Inventory10,3694,6865,5473,433 
Disposal group, including discontinued operation798    
Other undisclosed current assets2228,5527,3842,172 
Total current assets:192,530199,968208,549237,758 
Noncurrent Assets
Operating lease, right-of-use asset1,6641,8831,8591,786 
Property, plant and equipment14,56313,66212,63310,376 
Intangible assets, net (including goodwill)22,84522,94923,2471,768 
Goodwill19,39019,25519,2651,501 
Intangible assets, net (excluding goodwill)3,4553,6943,982268 
Restricted cash and investments81777775 
Other noncurrent assets230233251176 
Total noncurrent assets:39,38338,80438,06714,180 
TOTAL ASSETS:231,913238,772246,615251,938 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,8129,8908,3795,210 
Accounts payable7,1346,0926,0913,112 
Accrued liabilities5,6783,7982,2882,098 
Deferred revenue2,8581,7201,190611 
Debt10493571440 
Other undisclosed current liabilities547696630524 
Total current liabilities:16,22712,79910,7696,785 
Noncurrent Liabilities
Long-term debt and lease obligation1,5311,4481,7341,881 
Long-term debt, excluding current maturities  303433 
Operating lease, liability1,5311,4481,4301,449 
Liabilities, other than long-term debt321159111104 
Deferred revenue128302114 
Other liabilities1931299090 
Total noncurrent liabilities:1,8521,6071,8441,986 
Total liabilities:18,07914,40612,6148,771 
Stockholders' equity
Stockholders' equity attributable to parent213,834224,366234,001243,167 
Common stock42424242 
Additional paid in capital458,046448,807442,565437,897 
Accumulated other comprehensive loss(1,784)(987)(431)(56) 
Accumulated deficit(242,470)(223,496)(208,175)(194,716) 
Total stockholders' equity:213,834224,366234,001243,167 
TOTAL LIABILITIES AND EQUITY:231,913238,772246,615251,938 

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Revenues7,5506,4024,3552,232(3,777)
Cost of revenue(6,571)(5,510)(3,711)(2,136) 
Other undisclosed gross profit400    
Gross profit:1,37989264496 
Operating expenses(21,492)(16,715)(12,989)(7,483) 
Operating loss:(20,113)(15,823)(12,345)(7,386) 
Nonoperating income (expense)1,139502(1,113)22 
Investment income, nonoperating132100   
Other nonoperating income (expense)(482)(11)1  
Interest and debt expense  (1,000)  
Other undisclosed income from continuing operations before equity method investments, income taxes1,000    
Loss from continuing operations before equity method investments, income taxes:(17,974)(15,321)(14,459)(7,364) 
Other undisclosed income from continuing operations before income taxes110,238    
Income (loss) from continuing operations before income taxes:92,264(15,321)(14,459)(7,364) 
Other undisclosed income from continuing operations7,039    
Income (loss) before gain (loss) on sale of properties:99,303(15,321)(14,459)(7,364) 
Other undisclosed net income (loss)(118,277) 1,000  
Net loss available to common stockholders, diluted:(18,974)(15,321)(13,459)(7,364) 

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Net loss:(18,974)(15,321)(13,459)(7,364) 
Other comprehensive loss (556)(375)(56) 
Other undisclosed comprehensive loss(1,784)    
Comprehensive loss:(20,758)(15,877)(13,834)(7,421) 
Other undisclosed comprehensive income, net of tax, attributable to parent1,425    
Comprehensive loss, net of tax, attributable to parent:(19,333)(15,877)(13,834)(7,421) 

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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