| SCHEDULE OF GOODWILL |
Changes
in goodwill by reporting unit during the years ended December 31, 2024 and 2023 were as follows:
SCHEDULE
OF GOODWILL
| | |
Legacy Blink | | |
Mobility | | |
Blue Corner | | |
Blink UK | | |
Total | |
| Balance as of January 1, 2023 | |
$ | 175,875 | | |
$ | 344 | | |
$ | 16,644 | | |
$ | 10,987 | | |
| 203,850 | |
| Additions | |
| - | | |
| 30,118 | | |
| - | | |
| - | | |
| 30,118 | |
| Impairment expense | |
| (58,530 | ) | |
| (2,926 | ) | |
| (16,644 | ) | |
| (10,987 | ) | |
| (89,087 | ) |
| Balance as of December 31, 2023 | |
| 117,345 | | |
| 27,536 | | |
| - | | |
| - | | |
| 144,881 | |
| Beginning Balance | |
| 117,345 | | |
| 27,536 | | |
| - | | |
| - | | |
| 144,881 | |
| Impairment expense | |
| (117,345 | ) | |
| (9,639 | ) | |
| - | | |
| - | | |
| (126,984 | ) |
| Balance as of December 31, 2024 | |
$ | - | | |
$ | 17,897 | | |
$ | - | | |
$ | - | | |
$ | 17,897 | |
| Ending Balance | |
$ | - | | |
$ | 17,897 | | |
$ | - | | |
$ | - | | |
$ | 17,897 | |
|
| SCHEDULE OF CHANGES IN ACCUMULATED IMPAIRMENT |
SCHEDULE
OF CHANGES
IN ACCUMULATED
IMPAIRMENT
| |
|
Legacy
Blink |
|
|
Mobility |
|
|
Blue
Corner |
|
|
Blink
UK |
|
|
Accumulated
Impairment |
|
| Balance
as of January 1, 2023 |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Impairment
expense |
|
|
58,530 |
|
|
|
2,926 |
|
|
|
16,644 |
|
|
|
10,987 |
|
|
|
89,087 |
|
| Balance
as of December 31, 2023 |
|
|
58,530 |
|
|
|
2,926 |
|
|
|
16,644 |
|
|
|
10,987 |
|
|
|
89,087 |
|
| Beginning
Balance |
|
|
58,530 |
|
|
|
2,926 |
|
|
|
16,644 |
|
|
|
10,987 |
|
|
|
89,087 |
|
| Impairment
expense |
|
|
117,345 |
|
|
|
9,639 |
|
|
|
- |
|
|
|
- |
|
|
|
126,984 |
|
| Balance
as of December 31, 2024 |
|
$ |
175,875 |
|
|
$ |
12,565 |
|
|
$ |
16,644 |
|
|
$ |
10,987 |
|
|
$ |
216,071 |
|
| Ending Balance |
|
$ |
175,875 |
|
|
$ |
12,565 |
|
|
$ |
16,644 |
|
|
$ |
10,987 |
|
|
$ |
216,071 |
|
|