XML 60 R46.htm IDEA: XBRL DOCUMENT v3.22.0.1
Acquisition of Businesses and Asset Acquisitions (Details) - USD ($)
1 Months Ended 12 Months Ended
Aug. 19, 2021
Mar. 23, 2018
Dec. 31, 2021
Dec. 31, 2020
Acquisition of Businesses and Asset Acquisitions (Details) [Line Items]        
Cash consideration     $ 465,000  
Percentage pay to seller     50.00%  
Transaction costs     $ 55,800  
Total purchase price   $ 800,000    
Due to seller     1,571,419 $ 1,125,522
Ambulnz UK Ltd Acquisition [Member]        
Acquisition of Businesses and Asset Acquisitions (Details) [Line Items]        
Ambulnz UK Ltd Acquisition description the Company purchased the remaining 20% of Ambulnz UK Ltd’s outstanding B Ordinary shares. As a result of this transaction, DocGo Inc now owns 100% of Ambulnz UK Ltd. Consideration for the transaction is £750,000 (USD $1,014,240 as of December 31, 2021) of which £368,313 (USD $498,077 as of December 31, 2021) will be paid in restricted stock consisting of 50,192 Class A Common Shares of DocGo Inc at a fair market value per share of $10 and £381,687 (USD $516,160 as of December 31, 2021) in cash, payable in 4 equal monthly installments of £96,920.30 (USD $129,040 as of December 31, 2021) plus interest at 6% per annum. Cash payments are due September 30, 2021, October 31, 2021, November 30, 2021, and December 31, 2021. Restricted stock will vest and transfer restrictions shall lapse according to the following schedule: 8,258 shares on February 1, 2022, 8387 shares on August 19, 2022, 8387 shares on February 1, 2023, 8387 shares on August 19, 2023, 8387 shares on February 1, 2024, and 8386 shares August 19, 2024. Vesting is contingent upon the employment of the seller, vesting will cease upon resignation by participant or if participant is terminated for cause. As of December 31, 2021, all cash payments were made.      
LJH [Member]        
Acquisition of Businesses and Asset Acquisitions (Details) [Line Items]        
Balance payable     282,518  
Mid Atlantic Care, LLC Acquisition [Member]        
Acquisition of Businesses and Asset Acquisitions (Details) [Line Items]        
Total purchase price     $ 2,300,000  
Mid Atlantic Care, LLC Acquisition description     The aggregate purchase price for Mid Atlantic was $2,300,000; $1,300,000 was paid in cash on the effective date, $600,000 will be paid in cash on the closing date, and $428,942 of debt was assumed. Additional consideration amounting to $1,000,000 will be paid at $500,000 each year on the first and second anniversary date contingent on (i) the acquired operations meeting certain performance targets and (ii) the former shareholder’s continuing employment with the Company.