Blink Charging Co. Files Q2 2025 10-Q
Ticker: BLNK · Form: 10-Q · Filed: Aug 18, 2025 · CIK: 1429764
Sentiment: neutral
Topics: 10-Q, EV Charging, Financials
TL;DR
Blink Charging filed its Q2 2025 10-Q, covering performance through June 30, 2025.
AI Summary
Blink Charging Co. filed its 10-Q for the period ending June 30, 2025. The company, formerly known as Car Charging Group, Inc., is incorporated in Nevada and headquartered in Miami Beach, Florida. This filing covers the second quarter of 2025, with financial data for the periods January 1, 2025, to June 30, 2025, and comparative periods in 2024.
Why It Matters
This filing provides investors with the latest financial performance and operational updates for Blink Charging Co., a key player in the electric vehicle charging infrastructure sector.
Risk Assessment
Risk Level: medium — The company operates in a rapidly evolving and competitive industry, which presents inherent risks.
Key Numbers
- 20250630 — Reporting Period End Date (Covers financial performance up to this date.)
- 20250818 — Filing Date (Date the report was submitted to the SEC.)
Key Players & Entities
- Blink Charging Co. (company) — Filer
- Car Charging Group, Inc. (company) — Former company name
- Miami Beach, Florida (location) — Business address
- 0001641172-25-024633 (filing_id) — Accession Number
FAQ
What is the primary business of Blink Charging Co.?
Blink Charging Co. is involved in the electric vehicle charging sector, as indicated by its SIC code 3790 (MISCELLANEOUS TRANSPORTATION EQUIPMENT) and the context of product and service revenue.
When was Blink Charging Co. formerly known as?
Blink Charging Co. was formerly known as Car Charging Group, Inc., with a name change date of December 7, 2009.
What is the fiscal year end for Blink Charging Co.?
The fiscal year end for Blink Charging Co. is December 31.
Which SEC Act does this 10-Q filing fall under?
This 10-Q filing falls under the Securities Exchange Act of 1934.
What are the reporting periods covered in this 10-Q?
This 10-Q covers the period from January 1, 2025, to June 30, 2025, with comparative data for the same period in 2024.
Filing Stats: 4,682 words · 19 min read · ~16 pages · Grade level 15.7 · Accepted 2025-08-18 16:45:58
Filing Documents
- form10-q.htm (10-Q) — 1262KB
- ex31-1.htm (EX-31.1) — 20KB
- ex31-2.htm (EX-31.2) — 20KB
- ex32-1.htm (EX-32.1) — 8KB
- ex32-2.htm (EX-32.2) — 9KB
- 0001641172-25-024633.txt ( ) — 6192KB
- blnk-20250630.xsd (EX-101.SCH) — 38KB
- blnk-20250630_cal.xml (EX-101.CAL) — 60KB
- blnk-20250630_def.xml (EX-101.DEF) — 157KB
- blnk-20250630_lab.xml (EX-101.LAB) — 334KB
- blnk-20250630_pre.xml (EX-101.PRE) — 268KB
- form10-q_htm.xml (XML) — 1093KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION 1
Financial Statements
Item 1. Financial Statements. 1 Unaudited Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 1 Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024 2 Unaudited Condensed Consolidated Statements of Comprehensive Loss for the Three and Six Months Ended June 30, 2025 and 2024 3 Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity for the Three and Six Months Ended June 30, 2025 4 Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity for the Three and Six Months Ended June 30, 2024 5 Unaudited Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 6 Notes to Unaudited Condensed Consolidated Financial Statements 8
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. 23
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk. 32
Controls and Procedures
Item 4. Controls and Procedures. 32
- OTHER INFORMATION
PART II - OTHER INFORMATION 33
Legal Proceedings
Item 1. Legal Proceedings. 33
Risk Factors
Item 1A. Risk Factors. 33
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 33
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities. 33
Mine Safety Disclosures
Item 4. Mine Safety Disclosures. 33
Other Information
Item 5. Other Information. 33
Exhibits
Item 6. Exhibits. 34
SIGNATURES
SIGNATURES 35 i PART I – FINANCIAL INFORMATION ITEM 1. FINANCIAL BLINK CHARGING CO. Unaudited Condensed Consolidated Balance Sheets (in thousands, except for share and per share amounts) June 30, December 31, 2025 2024 Assets Current Assets: Cash and cash equivalents $ 25,318 $ 41,774 Marketable securities - 13,630 Accounts receivable, net 34,703 43,201 Inventory, net 32,706 38,280 Prepaid expenses and other current assets 5,773 4,267 Total Current Assets 98,500 141,152 Restricted cash 84 78 Property and equipment, net 36,087 38,671 Operating lease right-of-use asset 7,549 9,212 Intangible assets, net 7,666 10,388 Goodwill 17,897 17,897 Other assets 639 590 Total Assets $ 168,422 $ 217,988 Liabilities and Stockholders' Equity Current Liabilities: Accounts payable $ 25,939 $ 28,888 Accrued expenses and other current liabilities 8,956 9,482 Notes payable 265 265 Current portion of operating lease liabilities 3,661 3,216 Current portion of financing lease liabilities 35 34 Current portion of deferred revenue 19,153 17,359 Total Current Liabilities 58,009 59,244 Consideration payable 23,491 21,028 Operating lease liabilities, non-current portion 5,526 7,162 Financing lease liabilities, non-current portion 79 97 Deferred revenue, non-current portion 9,813 10,603 Other liabilities 752 1,152 Total Liabilities 97,670 99,286 Commitments and contingencies (Note 8) - Stockholders' Equity: Preferred stock, $ 0.001 par value, 40,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024 , respectively - - Common stock, $ 0.001 par value, 500,000,000 shares authorized, 103,100,485 and 101,970,907 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 103 102 Additional paid-in capital 862,943 860,300 Accumulated other comprehensive loss ( 3,773 )