XML 44 R33.htm IDEA: XBRL DOCUMENT v3.23.2
ABC Transaction and Held for Sale (Tables)
 6 Months Ended
Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Condensed Financial Statements The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in the Company’s Consolidated Balance Sheets as of December 31, 2022:
Pre ABC Adjustment2022 AdjustmentsDecember 31,1Q23 AdjustmentsJune 30,
20222023
ASSETS
Current assets:
Cash and cash equivalents$(190,312)$190,312 $— $— $— 
Accounts receivable, net1,219,927 (1,219,927)— — — 
Prepaid expenses and other current assets22,850 (22,850)— — — 
Total current assets1,052,465 (1,052,465)— — — 
Property and equipment, net1,107,279 (1,107,279)— — — 
Intangibles, net30,697 (30,697)— — — 
Goodwill5,085,689 (5,085,689)— — — 
Operating lease right-of-use assets29,753 (29,753)— — — 
Assets held for sale— 4,480,344 4,480,344 (4,480,344)— 
Other assets18,053,495 (96,419)17,957,076 (17,957,076)— 
Total assets$25,359,378 $(2,921,958)$22,437,420 $(22,437,420)$— 
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable$196,122 $(196,122)$— $— $— 
Accrued liabilities63,655,442 (4,250,603)59,404,839 (59,404,839)— 
Operating lease liability, current33,619 (33,619)— — — 
Liabilities held for sale— 4,480,344 4,480,344 (4,480,344)— 
Total current liabilities63,885,183 — 63,885,183 (63,885,183)— 
Total liabilities$63,885,183 $— $63,885,183 $(63,885,183)$— 
STOCKHOLDERS’ EQUITY:
Accumulated deficit$(38,525,805)$(2,921,958)$(41,447,763)$41,447,763 $— 
Total stockholders’ equity attributable to DocGo Inc. and Subsidiaries(38,525,805)(2,921,958)(41,447,763)41,447,763 — 
Noncontrolling interests— — — — — 
Total stockholders’ equity$(38,525,805)$(2,921,958)$(41,447,763)$41,447,763 $— 
Total liabilities and stockholders’ equity$25,359,378 $(2,921,958)$22,437,420 $(22,437,420)$—