| SCHEDULE OF GOODWILL |
Changes
in goodwill by reporting unit as of December 31, 2025 and 2024 were as follows:
SCHEDULE OF GOODWILL
| | |
Legacy
Blink | | |
Mobility | | |
Blue
Corner | | |
Blink
UK | | |
Total | |
| Balance
as of January 1, 2024 | |
$ | 117,345 | | |
$ | 27,536 | | |
$ | - | | |
$ | - | | |
$ | 144,881 | |
| Impairment
expense | |
| (117,345 | ) | |
| (9,639 | ) | |
| - | | |
| - | | |
| (126,984 | ) |
| Balance as of December
31, 2024 | |
| - | | |
| 17,897 | | |
| - | | |
| - | | |
| 17,897 | |
| Beginning Balance | |
| - | | |
| 17,897 | | |
| - | | |
| - | | |
| 17,897 | |
| Additions | |
| 1,742 | | |
| - | | |
| - | | |
| - | | |
| 1,742 | |
| Impairment
expense | |
| - | | |
| (17,897 | ) | |
| - | | |
| - | | |
| (17,897 | ) |
| Balance
as of December 31, 2025 | |
$ | 1,742 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 1,742 | |
| Ending Balance | |
$ | 1,742 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 1,742 | |
|
| SCHEDULE OF CHANGES IN ACCUMULATED IMPAIRMENT |
Cumulative
impairment of goodwill by reporting unit as of December 31, 2025 and 2024 was as follows:
SCHEDULE OF CHANGES IN ACCUMULATED IMPAIRMENT
| | |
Legacy
Blink | | |
Mobility | | |
Blue
Corner | | |
Blink
UK | | |
Accumulated
Impairment | |
| Balance
as of January 1, 2024 | |
$ | 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 | |
| Beginning
Balance | |
| 175,875 | | |
| 12,565 | | |
| 16,644 | | |
| 10,987 | | |
| 216,071 | |
| Impairment
expense | |
| - | | |
| 17,897 | | |
| - | | |
| - | | |
| 17,897 | |
| Balance
as of December 31, 2025 | |
$ | 175,875 | | |
$ | 30,462 | | |
$ | 16,644 | | |
$ | 10,987 | | |
$ | 233,968 | |
| Ending Balance | |
$ | 175,875 | | |
$ | 30,462 | | |
$ | 16,644 | | |
$ | 10,987 | | |
$ | 233,968 | |
|