Blade Air Mobility, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Right-of-Use Asset and Operating Lease Liability (Tables)

Right-of-Use Asset and Operating Lease Liability (Tables) - Blade Urban Air Mobility [Member]

6 Months Ended

12 Months Ended

Mar. 31, 2021

Sep. 30, 2020

Schedule of balance sheet information relating to leases


		As of
		March			September 30,
Operating leases:		31, 2021			2020
Operating right-of-use asset		$	569		$	737
Operating lease liability, current			394			430
Operating lease liability, long term			125			291


				As of
		Balance Sheet		September 30,			September 30,
		Location		2020			2019
Operating leases:
Right-of-use asset		Operating Right-of-use asset		$	737		$	397
Operating lease liability, current		Operating lease liability, current			430			195
Operating lease liability, long term		Operating lease Liability, long term			291			175

Summary of lease cost and other information


		For the Three Months Ended March 31,						For the Six Months Ended March 31,
Lease cost		2021			2020			2021			2020
Short-term lease cost		$	12		$	8		$	52		$	30
Operating lease cost			115			138			227			182
Total		$	127		$	146		$	279		$	212


		As of March 31,		As of September 30,
		2021		2020
Weighted-average discount rate – operating lease		5.00	%	5.00	%
Weighted-average remaining lease term – operating lease (in months)		16		21


		Year Ended			Year Ended
		September 30, 2020			September 30, 2019
Lease cost
Short-term lease cost		$	60		$	340
Operating lease cost			421			109
Total		$	481		$	449

Other information related to leases is presented below:


		As of September 30,
		2020
Other information
Weighted-average discount rate – operating lease		5.00	%
Weighted-average remaining lease term – operating lease (in months)		21

Schedule of expected annual minimum lease payments


For the Years Ended September 30,
2021 (six months)		$	233
2022			270
2023			36
Total future minimum lease payments, undiscounted			539
Less: Imputed interest for leases in excess of one year			20
Present value of future minimum lease payments		$	519
Present value of future minimum lease payments - current		$	394
Present value of future minimum lease payments - non-current		$	125


For Years September 30,
2021		$	455
2022			264
2023			36
Total future minimum lease payments, undiscounted			755
Less: Imputed interest for leases in excess of one year			34
Present value of future minimum lease payments		$	721
Present value of future minimum lease payments – current		$	430
Present value of future minimum lease payments, non-current		$	291