Blink Charging Co. (BLNK) Financial Statements (2023 and Earlier)
Company Profile
Business Address |
407 LINCOLN ROAD, SUITE 704 MIAMI BEACH, FL 33139 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (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 investments | 174,795 | 7,126 | 18,418 | 185 | 6 | |||
Cash and cash equivalents | 174,795 | 3,975 | 18,418 | 185 | 6 | |||
Short-term investments | 3,150 | |||||||
Receivables | 6,346 | |||||||
Inventory, net of allowances, customer advances and progress billings | 10,369 | 2,157 | 1,235 | 247 | 395 | |||
Inventory | 10,369 | 2,157 | 1,235 | 247 | 395 | |||
Disposal group, including discontinued operation | 798 | 65 | 67 | |||||
Other undisclosed current assets | 222 | 812 | 1,110 | 336 | 213 | |||
Total current assets: | 192,530 | 10,161 | 20,829 | 769 | 614 | |||
Noncurrent Assets | ||||||||
Operating lease, right-of-use asset | 1,664 | 258 | ✕ | ✕ | ✕ | |||
Property, plant and equipment | 14,563 | 1,347 | 384 | 377 | 756 | |||
Intangible assets, net (including goodwill) | 22,845 | 107 | 96 | 106 | 116 | |||
Goodwill | 19,390 | |||||||
Intangible assets, net (excluding goodwill) | 3,455 | 107 | 96 | 106 | 116 | |||
Restricted cash and investments | 81 | |||||||
Other noncurrent assets | 230 | 74 | 71 | 67 | 90 | |||
Other undisclosed noncurrent assets | 271 | 1,368 | 335 | |||||
Total noncurrent assets: | 39,383 | 1,787 | 821 | 1,918 | 1,297 | |||
TOTAL ASSETS: | 231,913 | 11,947 | 21,650 | 2,687 | 1,911 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 12,812 | 3,270 | 4,127 | 30,303 | 11,456 | |||
Accounts payable | 7,134 | 2,372 | 1,420 | 4,228 | 3,500 | |||
Accrued liabilities | 5,678 | 898 | 2,707 | 26,075 | 7,956 | |||
Deferred revenue | 2,858 | 568 | ✕ | ✕ | ✕ | |||
Debt | 10 | 201 | 288 | 598 | 343 | |||
Derivative instruments and hedges, liabilities | 3,448 | 1,583 | ||||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 384 | 601 | ||
Other liabilities | 74 | |||||||
Other undisclosed current liabilities | 547 | 258 | 828 | 798 | 7,816 | |||
Total current liabilities: | 16,227 | 4,369 | 5,243 | 35,531 | 21,799 | |||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 1,531 | 85 | ||||||
Operating lease, liability | 1,531 | 85 | ✕ | ✕ | ✕ | |||
Liabilities, other than long-term debt | 321 | 59 | 50 | 99 | ||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 50 | 99 | ||
Deferred revenue | 128 | 1 | ✕ | ✕ | ✕ | |||
Other liabilities | 193 | 58 | ||||||
Other undisclosed noncurrent liabilities | 314 | 3,200 | ||||||
Total noncurrent liabilities: | 1,852 | 144 | 314 | 3,250 | 99 | |||
Total liabilities: | 18,079 | 4,513 | 5,556 | 38,781 | 21,898 | |||
Temporary equity, carrying amount | 825 | 825 | ||||||
Stockholders' equity | ||||||||
Stockholders' equity attributable to parent, including: | 213,834 | 7,434 | 16,094 | (36,919) | (16,981) | |||
Common stock | 42 | 26 | 26 | 6 | 80 | |||
Common stock, share subscribed but unissued, subscriptions receivable | (412) | |||||||
Additional paid in capital | 458,046 | 176,730 | 175,925 | 119,499 | 63,999 | |||
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 | 412 | 0 | 11 | 11 | ||||
Stockholders' equity attributable to noncontrolling interest | (3,831) | |||||||
Total stockholders' equity: | 213,834 | 7,434 | 16,094 | (36,919) | (20,812) | |||
TOTAL LIABILITIES AND EQUITY: | 231,913 | 11,947 | 21,650 | 2,687 | 1,911 |
Income Statement (P&L) ($ in thousands)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
---|---|---|---|---|---|---|---|
Revenues | 20,540 | 2,759 | 2,686 | 2,500 | 3,326 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | 2,500 | 3,326 | |
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 losses | 187 | (437) | (204) | ✕ | ✕ | ||
Other undisclosed gross profit | 400 | ||||||
Gross profit: | 2,842 | 392 | 902 | 1,046 | 512 | ||
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 | 823 | 8,191 | (67,941) | (486) | ||
Investment income, nonoperating | 294 | (162) | (97) | ||||
Other nonoperating expense | (554) | ||||||
Interest and debt expense | 310 | 2,137 | (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 taxes | 110,238 | ||||||
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) | 946 | 256 | |||
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 parent | 438 | 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 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.