Blink Charging Co.

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, and provider of electric vehicle (“EV”) charging equipment, networked EV charging services, and energy management solutions in the U.S. and international EV markets. Blink offers a comprehensive portfolio of EV charging equipment, charging services, and energy management solutions designed to support EV adoption, optimize charging infrastructure, and improve energy efficiency.

Blink’s principal products and services include its proprietary Blink EV charging network (the “Blink Network”), EV charging equipment, charging services, and its EnergyConnect energy management solution.

The Blink Network is a proprietary, cloud-based platform that operates, maintains, and manages Blink charging stations and supports associated charging data, back-end operations, and payment processing. The Blink Network provides fleets, property owners, managers, parking companies, and state and municipal entities (“Property Partners”), among other commercial customers, with cloud-based services that enable the remote monitoring and management of EV charging stations. The Blink Network also provides EV drivers with essential station information, including station locations, availability, and applicable charging fees.

EnergyConnect, Blink’s energy management solution, is designed to help commercial customers and charging site operators monitor, manage, and optimize energy consumption associated with EV charging infrastructure. The solution supports intelligent management of charging loads, including the ability to adjust charging activity based on site-level electrical capacity, energy demand, and operational requirements. Through enhanced visibility and control over energy usage, EnergyConnect is intended to help customers improve energy efficiency, manage peak electricity demand, reduce energy-related operating costs, and support the integration and scalability of EV charging infrastructure.

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form10-Q and Article8 of Regulation S-X. Accordingly, they donot include all of the information and disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed consolidated financial statements of the Company as of* September 30, 2026* and for thethree andnine months then ended. The results of operations for thethree andnine months ended* September 30, 2026* arenot necessarily indicative of the operating results for the full year ending* December 31, 2026* or any other period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related disclosures of the Company as of* December 31, 2025* and for the year then ended, which were filed with the Securities and Exchange Commission (“SEC”) on* March 31, 2026as part of the Company’s Annual Report on Form10*-K.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Since the Annual Report for the year ended* December 31, 2025*, there have beenno material changes to the Company’s significant accounting policies, except as disclosed in this note.

LIQUIDITY

As of* September 30, 2026*, the Company had cash and cash equivalents of $30,499 and working capital of $8,500. During thethree andnine months ended* September 30, 2026*, the Company incurred a net loss of $6,701 and $24,303, respectively, and used cash in operating activities of $6,646 for thenine months ended* September 30, 2026*.

The Company hasnot yet achieved profitability and expects to continue to incur operating losses. While the BlinkForward Initiative (as defined elsewhere) has substantially decreased operating expenses and cash burn, in the near future the Company needs to generate significant additional revenues to achieve profitability. Historically, the Company has been able to raise funds to support business operations, although there can beno assurance that the Company will be successful in raising significant additional funds in the future. The Company expects that cash and cash equivalents as of* September 30, 2026,and future cash flows from operations, will fund operations for at least12* months after the issuance date of the financial statements included in this Quarterly Report.

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LIQUIDITY – CONTINUED

The Company’s operations have primarily been funded through proceeds from equity and debt financings, and the Company continues to evaluate additional financing opportunities. The Company’s at-the-market (“ATM”) equity offering program, under which the Company* maypublicly issue and sell shares of its common stock, was reactivated upon the timely filing of the Company’s Annual Report on Form10*-K for the year ended* December 31, 2025*. There can beno assurance that the Company will be able to obtain additional funds on commercially acceptable terms, if at all, or that any funds raised will be sufficient to complete the Company’s EV development initiatives or attain profitable operations.

NASDAQ Listing Compliance

On* January 26, 2026,the Company received written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding30* consecutive business days, the closing bid price of its common stock had been below the*$1.00* per share minimum required for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule5550(a)(2) (the “Bid Price Rule”).

The Notice hasno immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market. In accordance with Nasdaq Marketplace Rule5810(c)(3)(A), the Company was provided an initial compliance period of180 calendar days from the date of the Notice, or until* July 27, 2026,to regain compliance with the Bid Price Rule. Compliance maybe regained if the closing bid price of the Company’s common stock meets or exceeds$1.00* per share for a minimum of10 consecutive business days during the compliance period. Nasdaq* may,in its discretion, require the Company to maintain a closing bid price of at least$1.00* per share for a period in excess of10 consecutive business days, but generallyno more than20 consecutive business days, before determining that the Company has demonstrated an ability to maintain long-term compliance.

The initial compliance period expired on* July 27, 2026without the Company having regained compliance with the Bid Price Rule. On July 28, 2026,the Company received asecond* notice (the “Second Notice”) from Nasdaq indicating that, while the Company hasnot yet regained compliance with the Bid Price Rule, the Company is eligible for an additional180-calendar-day compliance period, or until* January 25, 2027 (the “Second Compliance Period”), to regain compliance. According to the Second Notice, this determination was based on (i) the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Bid Price Rule, and (ii) the Company’s written notice of its intention to cure the deficiency during the Second Compliance Period by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the splitno* later than10 business days prior to the expiration of the Second Compliance Period. If the Company doesnot demonstrate compliance by* January 25, 2027,Nasdaq will provide written notification that the Company’s securities will be delisted, and the Company maythen appeal the delisting determination to a Nasdaq Hearings Panel. There can beno* assurance that the Company will regain compliance during the Second Compliance Period or otherwise maintain compliance with the other listing requirements of The Nasdaq Capital Market.

BlinkForward Initiative

In* May 2025,the Company announced the BlinkForward Initiative (the “Initiative”) as part of a broader strategic restructuring plan aimed at accelerating the Company’s path to profitability and enhancing operational efficiency. Key pillars of the Initiative were designed to transform the Company into a more agile and lean organization. This included a significant reduction in our global workforce, reductions in other operating, general and administrative expenses, and a shift to contract manufacturing for EV hardware to reduce overhead expenses and focus on intellectual property and customer support efforts. The transition to contract manufacturing was completed in January 2026,and Blinkno* longer maintains manufacturing facilities in-house.

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INVENTORY

As of* September 30, 2026*, the Company’s inventory was comprised of $3,188 of finished goods that were available for sale and $3,956 of raw material and work in process, net of provision for slow moving and obsolete inventory. As of* December 31, 2025*, the Company’s inventory was comprised of $5,532 of finished goods that were available for sale and $8,621 of raw material and work in process, net of provision for slow moving and obsolete inventory.

FOREIGN CURRENCY TRANSACTIONS AND TRANSLATION

Transaction gains (losses) attributable to foreign exchange were $(12) and $641 during thethree months ended* September 30, 2026and2025*, respectively. Transaction gains (losses) attributable to foreign exchange were $29 and $(1,140) during thenine months ended* September 30, 2026and2025*, respectively. Transaction gains and losses attributable to foreign exchange are included within general and administrative expenses on the condensed consolidated statements of operations for thenine months ended* September 30, 2026and2025*.

Foreign currency translation gains (losses) related to the translation of the financial statements of the Company’s foreign subsidiaries from their functional currency to the U.S. dollar were $441 and $6,793 for thethree months ended* September 30, 2026and2025*, respectively. Foreign currency translation gains (losses) related to the translation of the financial statements of the Company’s foreign subsidiaries from their functional currency to the U.S. dollar were $(676) and $8,865 for thenine months ended* September 30, 2026and2025*, respectively.

REVENUE RECOGNITION

The Company recognizes revenue primarily from the following different types of contracts:

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REVENUE RECOGNITION – CONTINUED

The following table summarizes revenue recognized in the condensed consolidated statements of operations:

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REVENUE RECOGNITION – CONTINUED

The timing of the Company’s revenue recognition* maydiffer from the timing of payment by its customers. Payment terms are generallythirty* days. A receivable is recorded when revenue is recognized prior to payment and the Company has an unconditional right to payment. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenue until the performance obligations are satisfied.

The Company recognizes revenue from numerous contracts with multiple performance obligations. For these contracts, the Company allocates the transaction price to each performance obligation based on the relative standalone selling price of the product or service underlying each performance obligation. The standalone selling price represents the observable price for which the Company would sell the product or service to a customer on a standalone basis (i.e.,not sold as a bundled sale with any other products or services). The allocation of transaction price among separate performance obligations* mayimpact the timing of revenue recognition but willnot* change the total revenue recognized on the contract.

As of* September 30, 2026*, the Company had $12,789 related to contract liabilities where performance obligations havenot yet been satisfied, which has been included within deferred revenue on the condensed consolidated balance sheets as of* September 30, 2026*. The Company expects to satisfy $10,565 of its remaining performance obligations for network fees, warranty revenue, product sales, and other and recognize the revenue within the next twelve months.

The Company has elected to apply the practical expedient to expense costs to obtain contracts at the time the liability is incurred when the expected amortization period isone year or less. During thethree months ended* September 30, 2026and2025* there wasno revenue recognized from performance obligations satisfied (or partially satisfied) in previous periods as specified by ASC606-10-50-12A.

During thethree andnine months ended* September 30, 2026*, the Company recognized $1,418 and $6,773 of revenues, respectively, related to network fees and warranty contracts, which were included in deferred revenues as of* December 31, 2025*. During thethree andnine months ended* September 30, 2025*, the Company recognized $1,837 and $7,227 of revenues, respectively, related to network fees and warranty contracts, which were included in deferred revenues as of* December 31, 2024*.

Car-sharing services related to revenues and expenses from electric vehicle-sharing and electric vehicle charging services provided to apartments, offices and hotels for use by their residents and guests and were recognized in accordance with ASC842. The Company provided electric vehicles to be available for use and the contracting locations were invoiced on a monthly or quarterly basis under the terms of the agreement signed with each respective customer. Revenues were also derived from parties who schedule use of electric vehicles that werenot provided specifically for exclusive use to a particular customer under an ongoing existing contractual arrangement. The Company accounts for such rentals as operating leases. The lease terms are included in the Company’s contracts, and the determination of whether the Company’s contracts contain leases generally didnot require significant assumptions or judgments. The Company’s lease revenues didnot include material amounts of variable payments. The Company didnot provide an option for the lessee to purchase the rented vehicle at the end of the lease. The Company’s vehicles were generally rented for short periods of time (generally a few hours). Lessees didnot provide residual value guarantees on rented vehicles. The Company’s vehicles were typically rented for the majority of the time that the Company owned or leased the underlying vehicle.

These services were provided through Envoy Technologies, Inc., which the Company sold on* June 5, 2026.Accordingly, car-sharing revenue for thethree* andnine months ended* September 30, 2026* reflects activity only through the disposal date, and the comparative periods presented for2025 reflect a full period of activity. See Note9 – Sale of Envoy Technologies.

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GOVERNMENT GRANTS

The Company receives grants from federal, state, and foreign government agencies related to capital investments in electric vehicle charging equipment. The Company’s accounting policy is to analogize to IAS20, Accounting for Government Grants and Disclosure of Government Assistance, under IFRS Accounting Standards. Under IAS20, once it is reasonably assured that the entity will comply with the conditions of the grant, the grant money should be recognized on a systematic basis over the periods in which the entity recognizes the related expenses or losses for which the grant money is intended to compensate. The Company recognizes grants once it is probable that both of the following conditions will be met: (1) the Company is eligible to receive the grant and (2) the Company is able to comply with the relevant conditions of the grant. Government grants whose primary condition is the purchase, construction, or acquisition of a long-lived asset are considered asset-based grants and are recognized as a liability. Other government grantsnot related to long-lived assets are considered income-based grants, which are initially recognized as “Government grants receivable” and are also recognized as a reduction to the related cost of activities that generated the benefit. Proceeds received from asset-based grants are presented as cash inflows from investing activities on the condensed consolidated statements of cash flows, whereas proceeds received from income-based grants are presented as cash inflows from operating activities. Private and government grants and rebates related to EV charging stations and their installation are deferred and amortized in a manner consistent with the recognition of the related depreciation expense of the related asset over their useful lives.

Grant receivables are included within prepaid expenses and other current assets on the Company’s condensed consolidated balance sheets. Current liabilities related to government grants are included within accounts payable, accrued expenses and other current liabilities, and non-current liabilities related to government grants are included within other liabilities.

As of* September 30, 2026*, the Company had government grant receivables of $109 and government grant liabilities of $10,489, of which $3,090 were current and $7,399 were non-current. As of* December 31, 2025*, the Company had government grant receivables of $0 and government grant liabilities of $11,067, of which $2,869 were current and $8,198 were non-current. The current and non-current portions of government grant liabilities are included in ‘Accounts payable, accrued expenses and other current liabilities’ and ‘Other liabilities,’ respectively, in the condensed consolidated balance sheet as of* September 30, 2026.During thethree* months ended* September 30, 2026and2025*, government grants of $770 and $432, respectively, were recognized as a reduction to depreciation expense on the condensed consolidated statements of operations. During thenine months ended* September 30, 2026and2025*, government grants of $2,349 and $1,632, respectively, were recognized as a reduction to depreciation expense on the condensed consolidated statements of operations.

NET LOSS PER COMMON SHARE

Basic net loss per common share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding, plus the number of additional common shares that would have been outstanding if the common share equivalents had been issued (computed using the treasury stock or if converted method), if dilutive.

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NET LOSS PER COMMON SHARE – CONTINUED

The following potential common stock are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

In addition, warrants to purchase 5,177,741 and 5,048,329 shares for thethree andnine months ended* September 30, 2026and2025*, respectively, and options to purchase 391,701 and 569,038 shares for thethree andnine months ended* September 30, 2026and2025*, respectively, were excluded from the above table because their exercise prices exceeded the average market price of the Company’s common stock during the respective periods, and would have been anti-dilutive regardless of the Company’s net loss position.

RECENTLY ADOPTED ACCOUNTING STANDARDS

In* July 2025,the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”)2025-05, Financial Instruments—Credit Losses (Topic326*): Measurement of Credit Losses for Accounts Receivable and Contract Assets. The amendments provide a practical expedient that permits entities to assume that current economic conditions as of the balance sheet date will remain unchanged over the remaining life of current accounts receivable and current contract assets when developing reasonable and supportable forecasts for estimating expected credit losses under ASC326. The ASU is effective for fiscal years beginning after* December 15, 2025,including interim periods within those fiscal years, with early adoption permitted. The amendments are to be applied prospectively. The Company adopted this guidance on January 1, 2026,and its adoption didnot* have a material impact on the Company’s condensed consolidated financial statements and related disclosures.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In* May 2026,the FASB issued ASUNo.* 2026-02, Environmental Credits and Environmental Credit Obligations (Topic818). The ASU establishes authoritative guidance on the recognition, measurement, presentation, and disclosure of environmental credits and environmental credit obligations. The ASU is effective for the Company for annual reporting periods beginning after* December 15, 2027,*and interim reporting periods within those annual periods, with early adoption permitted. The amendments are to be applied using a modified retrospective transition method. The Company is currently evaluating the impact of this ASU on its condensed consolidated financial statements and related disclosures.

RECLASSIFICATIONS

Certain prior year balances have been reclassified in order to conform to current period presentation, primarily related to revenue and cost of revenues line items, which were reorganized to better align with how management views and operates the business and to conform the cost of revenue captions to the Company’s revenue categories. In addition, depreciation and amortization expense previously included within general and administrative expenses is presented as a separate operating expense caption. Amounts reclassified were $1,318 and $3,821 for thethree andnine months ended* September 30, 2025.On the balance sheet ended December 31, 2025,current finance lease obligations of $42 and non-current finance lease obligations of $64 is reclassed to Accounts Payable, accrued expenses and other current liabilities, and Other liabilities, respectively. In addition, Notes payable of $265 is reclassified to Other Liabilities on the balance sheets as of December 31, 2025and September 30, 2026.These reclassifications haveno* effect on previously reported total operating expenses, loss from operations, results of operations or net loss per share.

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3. ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accounts payable, accrued expenses and other current liabilities consisted of the following:

4. STOCKHOLDERS’** EQUITY**

STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense related to common stock, stock options and warrants for thethree andnine months ended* September 30, 2026* of $505 and $3,109, respectively, which is included within compensation expense on the condensed consolidated statements of operations. The Company recognized stock-based compensation expense related to common stock, stock options and warrants for thethree andnine months ended* September 30, 2025* of $433 and $2,186, respectively, which is included within compensation expense on the condensed consolidated statements of operations. As of* September 30, 2026*, there was $3,540 of unrecognized stock-based compensation expense that will be recognized over the weighted average remaining vesting period of 3.03 years.

RESTRICTED STOCK UNITS

The Company grants Restricted Stock Units (“RSUs”) to employees, executives, and members of the Board of Directors under the Company’s equity incentive plan. RSUs represent a right to receive shares of the Company’s common stock upon vesting and haveno exercise price. Upon vesting, the RSUs automatically settle and convert into unrestricted shares of the Company’s common stock. Service-based RSUs vest ratably over service periods ofone tothree years from the date of grant, subject to the recipient’s continued service with the Company. The fair value of service-based RSUs is determined based on the closing price of the Company’s common stock on the date of grant.

As approved by the stockholders of the Registrant at its2026 Annual Meeting of Stockholders held on* June 30, 2026,the Company has 10,000,000 additional shares of common stock, par value $0.001 per share that can be issued under its2018* Incentive Compensation Plan, as amended (the “Incentive Plan”) bringing the total amount of shares that* may*be issued under the Incentive Plan to 17,000,000 shares of common stock.

During thethird quarter of2026, the Company also granted performance-based restricted stock units (“PSUs”) under the same plan to certain employees. Each PSU represents a right to receive shares of common stock upon achievement of a specified performance or market condition and the recipient’s continued service through the vesting date. Expense related to PSUs is recognized on a straight-line basis over the requisite service period when achievement is probable, with that probability reassessed each reporting period. PSUs with a market condition vest based on the estimated date the Company’s share price would reach the target. Other PSUs vest based on the estimated date the stated targets are estimated to be achieved. Their grant-date fair value is estimated using a Monte Carlo simulation, and expense is recognized on a straight-line basis over the requisite service period whether ornot the market condition is achieved, provided the recipient remains in service.

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4. STOCKHOLDERS’** EQUITY – CONTINUED**

A summary of the RSU activity during thenine months ended* September 30, 2026* is presented below:

As of* September 30, 2026*,1,035,485 of RSUs that vested during thenine months ended* September 30, 2026* remain unissued.

5. LEASES

OPERATING AND FINANCE LEASES

Total operating lease expenses for thethree andnine months ended* September 30, 2026* were $279 and $1,933, respectively. Of these amounts, $279 and $1,273, respectively, were recorded in other operating expenses and $0 and $660, respectively, were recorded in cost of car-sharing revenue on the condensed consolidated statements of operations. Total operating lease expenses for thethree andnine months ended* September 30, 2025* were $978 and $3,002, respectively. Of these amounts, $532 and $1,762, respectively, were recorded in other operating expenses and $446 and $1,240, respectively, were recorded in cost of car-sharing revenue on the condensed consolidated statements of operations. Operating lease expenses consist of rent expense, common area maintenance adjustments and other expenses.

In* June 2026,the Company terminated its lease for its facility located at17301* Melford Boulevard, Bowie, Maryland and accrued a lease termination fee. The Company derecognized the operating lease right-of-use asset and corresponding lease liabilities and recognized a gain on lease termination of $193 within other operating expenses during thenine months ended* September 30, 2026*.

Supplemental cash flows information related to leases was as follows:

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5. LEASES – CONTINUED

Future minimum payments under non-cancellable leases as of* September 30, 2026* were as follows:

SUBLEASE

In* January 2026,the Company commenced a sublease of a portion of its facility located at5081* Howerton Way, Bowie, Maryland. The sublease has a term through* March 31, 2031,and rent commenced February 1, 2026following an initial abatement period. Under the sublease, aggregate base rental income is approximately $2,286 over the sublease term. In connection with the sublease, the Company received from the sublessee an irrevocable letter of credit of approximately $70, equal to thefirst* and last months’ base rent, as security for the sublessee’s obligations under the sublease. The letter of credit is reducible to approximately $26 on thesecond anniversary of the rent commencement date, subject tono defaults. The income received from this sublease is recorded as an offset to the rent expense in the income statement for thethree andnine months ended* September 30, 2026.*

The following table presents future undiscounted sublease payments to be received as of* September 30, 2026*:

6. FAIR VALUE MEASUREMENT

Assets and liabilities measured at fair value on a recurring basis are as follows:

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6. FAIR VALUE MEASUREMENT – CONTINUED

In addition to assets and liabilities that are measured at fair value on a recurring basis, the Company also measures certain assets and liabilities at fair value on a nonrecurring basis. Non-financial assets, including goodwill, intangible assets, operating lease right of use assets, and property, plant and equipment, are measured at fair value when there is an indication of impairment and the carrying amount exceeds the asset’s projected undiscounted cash flows. These assets are recorded at fair value only when an impairment charge is recognized.

The Company’s earn-out liabilities represent contingent consideration recognized in connection with the Company’s business acquisitions and are classified within Level3 of the fair value hierarchy. The Company remeasures these liabilities at fair value on a recurring basis at each reporting date using a probability-based approach that reflects management’s estimate of the likelihood that the performance thresholds underlying the arrangements will be achieved. During thethree andnine months ended* September 30, 2026*, changes in these estimates were recognized in the condensed consolidated statements of operations.

The following table sets forth a summary of the changes in the fair value of Level3 liabilities that are measured at fair value on a recurring basis during thenine months ended* September 30, 2026*:

7. COMMITMENTS AND CONTINGENCIES

LITIGATION, DISPUTES AND SETTLEMENTS

The Company* maybe subject to lawsuits, investigations, intellectual property matters, claims and proceedings, including, butnot* limited to, contractual disputes with vendors and customers and liabilities related to employment, health and safety matters that* may*arise in the ordinary course of business. The Company accrues for losses that are both probable and reasonably estimable. Loss contingencies are subject to significant uncertainties and, therefore, determining the likelihood of a loss and/or the measurement of any loss can be complex and subject to change.

The Company believes it has recorded adequate provisions for any such lawsuits, investigations, claims, and proceedings as of* September 30, 2026*, and the Company believes it wasnot reasonably possible that a material loss had been incurred in excess of the amounts recognized in the condensed consolidated financial statements. Given the inherent uncertainties of litigation, the ultimate outcome of the ongoing matters described herein cannot be predicted with certainty. While litigation is inherently unpredictable, the Company believes it has valid defenses with respect to the legal matters pending against it. However, future events or circumstances, currently unknown to management,* may*potentially have a material effect on the Company’s financial position, liquidity or results of operations in any future reporting period.

8. SEGMENT REPORTING

The Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM organizes the Company, manages resource allocations and measures performance asone operating and reportable segment. The Company sells, owns, and operates residential and commercial EV charging solutions, including its Blink Network and EVSE, to support EV drivers at various locations. Until* June 5, 2026,*the Company also owned and operated an EV car-sharing and ride-sharing program.

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8. SEGMENT REPORTING – CONTINUED

The measure of segment assets reviewed by the CODM is total consolidated assets, as reported in the condensed consolidated balance sheets. The CODM reviews the following information on a consolidated basis: assets, revenues, cost of revenues, gross profit, compensation expense and operating loss in order to allocate operating and capital resources within the segment and to assess performance of the Company by comparing actual results to historical results and previously forecasted financial information. Other than certain disaggregated expense information provided in relation to other operating expenses, significant expenses regularly provided to the CODM are presented as shown on the statement of operations. The CODM is also regularly provided disaggregated expense information for other operating expenses, which is disaggregated between software costs and other expenses as shown in the table below:

The following table sets forth our long-lived assets by geographic area, which consists of property and equipment, net and operating lease right-of-use assets:

The following table summarizes our revenue recognized in the condensed consolidated statements of operations by geographical area:

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9. SALE OF ENVOY TECHNOLOGIES

On* June 5, 2026,the Company sold all of the outstanding common stock of Envoy Technologies, Inc. (“Envoy Technologies”), its electric vehicle car-sharing business, to BladeRanger Ltd., an unrelatedthird* party, and deconsolidated Envoy Technologies as of that date. The disposal was undertaken as part of the Company’s strategy to focus its resources on its core electric vehicle charging operations and didnot represent a strategic shift that has, or will have, a major effect on the Company’s operations and financial results.

Consideration for the sale consisted of $1,000 in cash, subject to a post-closing working capital adjustment, and a $12,500 convertible promissory note to be issued by Envoy Technologies ("Convertible Note"), which would be settled at the earlier of a qualified liquidity event as defined within the convertible promissory note agreement or the maturity date. The maturity date of the convertible promissory note is* July 22, 2029and maybe extendedtwo* years at the Company’s discretion. Based on management’s assessment of historical market and industry considerations, current financial results of Envoy Technologies, and the probability of the qualified liquidity events, the Company concluded the fair value of the convertible promissory note was $0. As of* September 30, 2026*, $764 of the cash consideration hadnot been received and is included in prepaid expenses and other current assets on the condensed consolidated balance sheet. The Company recognized a gain on sale of $802, which is included in other operating expenses in the condensed consolidated statements of operations for thenine months ended* September 30, 2026*.

Following the sale, the Company provided transitional human resources, finance, accounting, legal and technology services to Envoy Technologies on a cost-reimbursement basis under a transition services agreement through* October 9, 2026,the closing date of the sale by BladeRanger of Envoy to CID Holdco, Inc. as described below in Note10.* Subsequent Events.

10. SUBSEQUENT EVENTS

SALE OF ENVOY TO CID

On* October 9, 2026,BladeRanger closed on its sale of Envoy to CID HoldCo, Inc. (“CID”). As part of the transaction, the Convertible Note was amended so that instead of converting prior to or in connection with the closing of a qualified liquidity event, the Convertible Note remains outstanding and upon satisfaction of the conversion conditions described within the First Amendment to Convertible Promissory Note, entered into as of October 9, 2026,by and among, the Company and CID, the Convertible Note will convert into an aggregate of 2,166,667 shares (the “Blink Conversion Shares”) of CID common stock (the “Amended Convertible Note”). Further details can be found in the Form8*-K filed on* October 16, 2026.*

NAME CHANGE

On* October 27, 2026,the Company filed a Certificate of Amendment to the Articles of Incorporation of the Company, as amended (the “Charter Amendment”) with the Secretary of State of the State of Nevada to change its name from "Blink Charging Co." to "Blink Energy Co." (the “Name Change”) reflecting the Company's expansion acrossthree* complementary offerings: EV charging, energy management and battery energy storage. As of the date of this Quarterly Report, the Company is awaiting confirmation from the State of Nevada regarding the effective date of the Charter Amendment. Effective as of the effective date of the Name Change, the Company amended its bylaws, its2018 Incentive Compensation Plan, as amended, and its other corporate governance documents to reflect the Name Change.

FORM S-3 REGISTRATION STATEMENT

On* October 30, 2026,the Company filed a Form S-3 Registration Statement (the “Registration Statement”) under which the Company may,from time to time inone* or more offerings, offer and sell up to $100,000,000 in the aggregate of common stock, preferred stock, debt securities, warrants, rights and units, or any combination of the foregoing. The Registration Statement includes a prospectus supplement covering the offer, issuance and sale of up to $100,000,000 of the Company’s common stock under the ATM Agreement described below, which amount is included in, andnot in addition to, the $100,000,000 of securities that* maybe offered and sold under the Registration Statement. As of the date of this Quarterly Report, the Registration Statement hasnot* been declared effective by the SEC.

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AT THE MARKET OFFERING AGREEMENT

On* October 30, 2026,the Company entered into an At The Market Offering Agreement (the “ATM Agreement”) with H.C. Wainwright & Co., LLC (the “Selling Agent”), Roth Capital Partners, LLC and StoneX Financial Inc. (collectively, the “Sales Agents”), to sell shares of the Company’s common stock, par value $0.001 per share, (the “Shares”) having an aggregate offering price of up to $100,000,000, from time to time, through an “at the market offering” program through the Selling Agent, acting as the Company's selling agent, or directly to the Selling Agent, acting as principal. The sales, if any, of the Shares made under the ATM Agreement will be made by any method permitted by law deemed to be an “at the market offering” as defined in Rule415*(a)(4) promulgated under the Securities Act of1933, as amended. The Company will pay the Sales Agents a commission rate of 3.0% of the gross proceeds from each sale of Shares. As of the date of this filing, the Company hasnot sold any shares of common stock under the ATM Agreement.

BOARD LEADERSHIP CHANGES

On* November 3, 2026,the Board of Directors appointed existing Board members, Michael C. Battaglia and Ritsaart J.M. van Montfrans, Chairman of the Board and Lead Independent Director, respectively. Mr. van Montfrans, who had served as Chairman of the Board since May 2023,ceased to serve as Chairman. Mr. Battaglia will continue to serve as Chief Executive Officer in addition to his role as Chairman and, in connection with his appointment as Chairman, willno* longer hold the title of President. The Board of Directors believes that combining the roles of Chairman and Chief Executive Officer under Mr. Battaglia provides unified leadership and clear accountability for the execution of the Company’s strategy, while the Lead Independent Director role maintains strong independent oversight of management. Mr. Battaglia willnot receive separate compensation for his service as Chairman as only non-employee directors receive director compensation under the Company's Board compensation plan, as modified most recently in* May 2024.*Mr. van Montfrans will continue to receive the same director compensation as the Board compensation plan provides for the same supplemental annual cash retainer to be paid to the non-employee director serving as Chairman or lead independent director.

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