Blink Charging Co 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File No. 001-38392 BLINK CHARGING CO. (Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code:(305) 521-0200 Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ As of May 8, 2026, the registrant had 143,682,259 shares of common stock outstanding. BLINK CHARGING CO. FORM 10-QFOR THE QUARTERLY PERIOD ENDED MARCH 31, 2026TABLE OF CONTENTSPagePART I - FINANCIAL INFORMATION1Item 1. Financial Statements.1Unaudited Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 20251Unaudited Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20252Unaudited Condensed Consolidated Statements of Comprehensive Loss for the Three Months Ended March 31, 2026and 20253Unaudited Condensed Consolidated Statement of Changes in Stockholders’ Equity for the Three Months Ended March31, 20264Unaudited Condensed Consolidated Statement of Changes in Stockholders’ Equity for the Three Months Ended March31, 20255Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20256Notes to Unaudited Condensed Consolidated Financial Statements8Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.18Item 3. Quantitative and Qualitative Disclosures About Market Risk.25Item 4. Controls and Procedures.25PART II - OTHER INFORMATION26Item 1. Legal Proceedings.26Item 1A. Risk Factors.26Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.26Item 3. Defaults Upon Senior Securities.26Item 4. Mine Safety Disclosures.26Item 5. Other Information.26Item 6. Exhibits.27SIGNATURES28 BLINK CHARGING CO. Unaudited Condensed Consolidated Balance Sheets(in thousands, except for share and per share amounts) BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Operations(in thousands, except for share and per share amounts) BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Comprehensive Loss(in thousands) BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Changes in Stockholders’ EquityFor the Three Months Ended March 31, 2026(in thousands, except for share amounts) BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Changes in Stockholders’ EquityFor the Three Months Ended March 31, 2025(in thousands, except for share amounts) The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Cash Flows(in thousands) BLINK CHARGING CO. Unaudited Condensed Consolidated Statements of Cash Flows — Continued(in thousands) BLINK CHARGING CO.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(in thousands, except for share and per share amounts) 1. BUSINESS ORGANIZATION, NATURE OF OPERATIONS AND BASIS OF PRESENTATION Organization and Operations Blink Charging Co., through its consolidated subsidiaries (collectively, the “Company” or “Blink”), is a leading owner, operator, andprovider of electric vehicle (“EV”) charging equipment and networked EV charging