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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 89,458,388 $ 59,286,147
Accounts receivable, net of allowance for credit loss of $6,455,874 and $6,276,454 as of September 30, 2024 and December 31, 2023, respectively 233,712,723 262,083,462
Prepaid expenses and other current assets 5,154,906 17,499,953
Total current assets 328,326,017 338,869,562
Property and equipment, net 15,284,753 16,835,484
Intangibles, net 34,996,541 37,682,928
Goodwill 47,862,242 47,539,929
Restricted cash 19,120,110 12,931,839
Operating lease right-of-use assets 12,489,767 9,580,535
Finance lease right-of-use assets 14,605,119 12,003,919
Equity method investments 634,100 553,573
Deferred tax assets 17,131,328 11,888,539
Other assets 3,432,562 2,565,649
Total assets 493,882,539 490,451,957
Current liabilities:    
Accounts payable 35,141,454 19,827,258
Accrued liabilities 59,968,606 91,340,609
Line of credit 30,000,000 25,000,000
Notes payable, current 26,374 28,131
Due to seller 138,275 7,823,009
Contingent consideration 16,744,521 19,792,982
Operating lease liability, current 3,776,159 2,773,020
Finance lease liability, current 4,435,324 3,534,073
Total current liabilities 150,230,713 170,119,082
Notes payable, non-current 21,336 41,586
Operating lease liability, non-current 9,172,259 7,223,941
Finance lease liability, non-current 9,554,694 7,896,392
Total liabilities 168,979,002 185,281,001
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.0001 par value; 500,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 101,980,995 and 104,055,168 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) 10,198 10,406
Additional paid-in-capital 321,028,986 320,693,866
Retained earnings (accumulated deficit) 1,860,643 (21,394,310)
Accumulated other comprehensive income 2,313,518 1,484,905
Total stockholders’ equity attributable to DocGo Inc. and Subsidiaries 325,213,345 300,794,867
Noncontrolling interests (309,808) 4,376,089
Total stockholders’ equity 324,903,537 305,170,956
Total liabilities and stockholders’ equity $ 493,882,539 $ 490,451,957