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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41,244,446 $ 59,286,147
Accounts receivable, net of allowance of $6,319,441 and $6,276,454 as of March 31, 2024 and December 31, 2023, respectively 283,127,437 262,083,462
Prepaid expenses and other current assets 10,759,696 17,499,953
Total current assets 335,131,579 338,869,562
Property and equipment, net 16,315,633 16,835,484
Intangibles, net 36,764,034 37,682,928
Goodwill 47,489,759 47,539,929
Restricted cash 17,649,417 12,931,839
Operating lease right-of-use assets 9,125,733 9,580,535
Finance lease right-of-use assets 13,385,131 12,003,919
Equity method investments 470,406 553,573
Deferred tax assets 11,945,760 11,888,539
Other assets 2,407,665 2,565,649
Total assets 490,685,117 490,451,957
Current liabilities:    
Accounts payable 25,628,149 19,827,258
Accrued liabilities 70,178,256 91,340,609
Line of credit 30,000,000 25,000,000
Notes payable, current 26,367 28,131
Due to seller 7,819,147 7,823,009
Contingent consideration 19,781,737 19,792,982
Operating lease liability, current 2,835,458 2,773,020
Finance lease liability, current 3,866,929 3,534,073
Total current liabilities 160,136,043 170,119,082
Notes payable, non-current 33,726 41,586
Operating lease liability, non-current 6,720,787 7,223,941
Finance lease liability, non-current 8,718,460 7,896,392
Total liabilities 175,609,016 185,281,001
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.0001 par value; 500,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 102,961,495 and 104,055,168 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) 10,297 10,406
Additional paid-in-capital 320,135,875 320,693,866
Accumulated deficit (10,166,861) (21,394,310)
Accumulated other comprehensive income 1,344,771 1,484,905
Total stockholders’ equity attributable to DocGo Inc. and Subsidiaries 311,324,082 300,794,867
Noncontrolling interests 3,752,019 4,376,089
Total stockholders’ equity 315,076,101 305,170,956
Total liabilities and stockholders’ equity $ 490,685,117 $ 490,451,957