0001213900-21-061678 | 10-K/A | XBRL Viewer | Docgo INC

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Notes Details Initial Public Offering (Details) Uncategorized Uncategorized Items - f10k2020a2_docgoinc_htm.xml All Reports

Label

Element

Value

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

$ 101,947,620

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

13,052,380

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

115,000,000

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

97,842,080

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

17,157,920

ClassACommonStockSubjectToPossibleRedemption

dcgo_ClassACommonStockSubjectToPossibleRedemption

115,000,000

InitialValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_InitialValueOfClassACommonStockSubjectToPossibleRedemption

101,947,620

InitialValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_InitialValueOfClassACommonStockSubjectToPossibleRedemption

(101,947,620)

InitialValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_InitialValueOfClassACommonStockSubjectToPossibleRedemption

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

5,195,264

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

(5,195,264)

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

9,223,081

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

(9,223,081)

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

AdditionalPaidinCapital

dcgo_AdditionalPaidinCapital

CommonStockValueOne

dcgo_CommonStockValueOne

131

CommonStockValueOne

dcgo_CommonStockValueOne

(131)

CommonStockValueOne

dcgo_CommonStockValueOne

331

CommonStockValueOne

dcgo_CommonStockValueOne

331

CommonStockValueOne

dcgo_CommonStockValueOne

172

CommonStockValueOne

dcgo_CommonStockValueOne

(172)

CommonStockValueOne

dcgo_CommonStockValueOne

288

CommonStockValueOne

dcgo_CommonStockValueOne

288

CommonStockValueOne

dcgo_CommonStockValueOne

CommonStockValueOne

dcgo_CommonStockValueOne

CommonStockValueOne

dcgo_CommonStockValueOne

CommonStockValueOne

dcgo_CommonStockValueOne

InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

dcgo_InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

107,104,620

InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

dcgo_InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

(5,157,000)

InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

dcgo_InitialClassificationOfClassACommonSharesSubjectToPossibleRedemption

101,947,620

ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

(4,105,540)

ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

4,105,540

ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonStockSubjectToPossibleRedemption

ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

(221,870)

ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

(3,883,670)

ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

dcgo_ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption

(4,105,540)

OfferingExpenseAssociatedWithWarrantLiabilities

dcgo_OfferingExpenseAssociatedWithWarrantLiabilities

191,112

OfferingExpenseAssociatedWithWarrantLiabilities

dcgo_OfferingExpenseAssociatedWithWarrantLiabilities

191,112

OfferingExpenseAssociatedWithWarrantLiabilities

dcgo_OfferingExpenseAssociatedWithWarrantLiabilities

CommonStockValue1

dcgo_CommonStockValue1

288

^[1],[2]

ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

dcgo_ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

1,748,000

ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

dcgo_ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

1,748,000

ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

dcgo_ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

dcgo_ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

dcgo_ExcessCashReceivedOverFairValueOfPrivatePlacementWarrants

AccumulatedDeficit

dcgo_AccumulatedDeficit

(195,720)

AccumulatedDeficit

dcgo_AccumulatedDeficit

(7,856,985)

AccumulatedDeficit

dcgo_AccumulatedDeficit

(8,052,705)

AccumulatedDeficit

dcgo_AccumulatedDeficit

(4,223,533)

AccumulatedDeficit

dcgo_AccumulatedDeficit

(7,934,667)

AccumulatedDeficit

dcgo_AccumulatedDeficit

(12,158,200)

NetTangibleAsset

dcgo_NetTangibleAsset

5,000,001

OfferingCostsAllocableToWarrantLiabilities

dcgo_OfferingCostsAllocableToWarrantLiabilities

191,112

OfferingCostsAllocableToWarrantLiabilities

dcgo_OfferingCostsAllocableToWarrantLiabilities

191,112

OfferingCostsAllocableToWarrantLiabilities

dcgo_OfferingCostsAllocableToWarrantLiabilities

CommonStockOutstandingSubjectToPossibleRedemption

dcgo_CommonStockOutstandingSubjectToPossibleRedemption

11,500,000

CommonStockOutstandingSubjectToPossibleRedemption

dcgo_CommonStockOutstandingSubjectToPossibleRedemption

11,500,000

WorkingCapitalLoans

dcgo_WorkingCapitalLoans

$ 1,500,000

IncreaseInAccumulatedDeficit

dcgo_IncreaseInAccumulatedDeficit

7,900,000

DeferredOfferingCostsAssociatedWithInitialPublicOffering

dcgo_DeferredOfferingCostsAssociatedWithInitialPublicOffering

4,025,000

StockIssueDuringPeriodValueForfeitureOfCommonStock

dcgo_StockIssueDuringPeriodValueForfeitureOfCommonStock

43

^[3]

StockIssueDuringPeriodValueForfeitureOfCommonStock

dcgo_StockIssueDuringPeriodValueForfeitureOfCommonStock

(43)

^[3]

StockIssueDuringPeriodValueForfeitureOfCommonStock

dcgo_StockIssueDuringPeriodValueForfeitureOfCommonStock

^[3]

StockIssueDuringPeriodValueForfeitureOfCommonStock

dcgo_StockIssueDuringPeriodValueForfeitureOfCommonStock

^[3]

StockIssueDuringPeriodValueForfeitureOfCommonStock

dcgo_StockIssueDuringPeriodValueForfeitureOfCommonStock

^[3]

CommonStockFromPermanentEquity

dcgo_CommonStockFromPermanentEquity

1,305,238

UnderwritingFees

dcgo_UnderwritingFees

$ 2,300,000

WarrantRedemptionsdescription

dcgo_WarrantRedemptionsdescription

Once the warrants become exercisable, the Company may redeem the outstanding warrants (except for the Private Placement Warrants): ● in whole and not in part; ● at a price of $0.01 per Warrant; ● upon a minimum of 30 days’ prior written notice of redemption; and ●if, and only if, the last reported sale price of the Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing once the warrants become exercisable and ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders.

DeferredUnderwritingFees

dcgo_DeferredUnderwritingFees

$ 4,025,000

BusinessCombinationConsiderationDescription

dcgo_BusinessCombinationConsiderationDescription

Upon consummation of the Merger, DocGo stockholders will receive 83,600,000 shares of the Company’s Class A common stock as consideration and up to 5,000,000 additional shares of the Company’s Class A common stock as earn-out consideration issuable in the future upon attainment of the following stock price conditions: (i) 1,250,000 shares if the closing stock price equals or exceeds $12.50 per share on any 20 trading days in a 30-trading-day period at any time until the first anniversary of the closing date; (ii) 1,250,000 shares if the closing stock price equals or exceeds $15.00 per share on any 20 trading days in a 30-trading-day period at any time until the third anniversary of the closing date; (iii) 1,250,000 shares if the closing stock price equals or exceeds $15.00 per share on any 20 trading days in a 30-trading-day period at any time until the third anniversary of the closing date; and (iv) 1,250,000 shares if the closing stock price stock equals or exceeds $15.00 per share on any 20 trading days in a 30-trading-day period at any time until the fifth anniversary of the closing date.

InterestToPayDissolutionExpenses

dcgo_InterestToPayDissolutionExpenses

$ 100,000

dcgo_OfferingCosts

6,700,000

dcgo_OfferingCosts

25,000

OtherOfferingCosts

dcgo_OtherOfferingCosts

468,491

ChangeInValueOfommonSharesSubjectToPossibleRedemption

dcgo_ChangeInValueOfommonSharesSubjectToPossibleRedemption

4,025,000

WarrantLiabilityOfInitialPublicOffering

dcgo_WarrantLiabilityOfInitialPublicOffering

$ 2,052,000

SharesSurrender

dcgo_SharesSurrender

431,250

DeferredOfferingCostsIncludedInOtherAccruedLiabilities

dcgo_DeferredOfferingCostsIncludedInOtherAccruedLiabilities

$ 70,000

OfferingExpenseAssociatedWithWarrantsRecordedAsLiabilities

dcgo_OfferingExpenseAssociatedWithWarrantsRecordedAsLiabilities

(191,112)

NetProceedsFromSaleOfUnits

dcgo_NetProceedsFromSaleOfUnits

$ 115,000,000

CommonStockSubjectToPossibleRedemption

dcgo_CommonStockSubjectToPossibleRedemption

9,784,208

DeferredOfferingCostsPaidByRelatedPartyInExchangeForIssuanceOfClassBCommonStock

dcgo_DeferredOfferingCostsPaidByRelatedPartyInExchangeForIssuanceOfClassBCommonStock

$ 25,000

NumberOfAdditionalUnitsPurchased

dcgo_NumberOfAdditionalUnitsPurchased

1,725,000

WarrantExercisableRedemptionDescription

dcgo_WarrantExercisableRedemptionDescription

Commencing ninety days after the warrants become exercisable, the Company may redeem the outstanding warrants: ● in whole and not in part; ● at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares of Class A common stock to be determined by reference to an agreed table based on the redemption date and the “fair market value” of the Company’s Class A common stock; ● if, and only if, the last reported sale price of the Company’s Class A common stock equals or exceeds $10.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) on the trading day prior to the date on which the Company sends the notice of redemption to the warrant holders; ● if, and only if, the Private Placement Warrants are also concurrently called for redemption on the same terms as the outstanding Public Warrants, as described above; and ●if, and only if, there is an effective registration statement covering the issuance of the shares of Class A common stock (or a security other than the Class A common stock into which the Class A common stock has been converted or exchanged for in the event the Company is not the surviving company in the initial business combination) issuable upon exercise of the warrants and a current prospectus relating thereto available throughout the 30-day period after written notice of redemption is given.

InterestEarnedOnMarketableSecuritiesHeldInTrustAccount

dcgo_InterestEarnedOnMarketableSecuritiesHeldInTrustAccount

$ 6,367,000

ProceedsFromSaleOfUnitsNetOfUnderwritingDiscountsPaid

dcgo_ProceedsFromSaleOfUnitsNetOfUnderwritingDiscountsPaid

$ 112,700,000

PIPESubscriptionAgreementsMember

IssuanceOfAggregateShares

dcgo_IssuanceOfAggregateShares

12,500,000

SponsorEscrowAgreementMember

IssueOfSponsorEarnoutShares

dcgo_IssueOfSponsorEarnoutShares

287,500

[1]	Effective November 16, 2020, the Sponsor forfeited 431,250 Class B common shares as a result of the underwriter waiving its over-allotment option (see Note 4).
[2]	On October 14, 2020, the Sponsor effected a surrender of 431,250 Class B common shares to the Company for no consideration, resulting in a decrease in the total number of Class B common shares then outstanding from 3,737,500 to 3,306,250 (see Note 5).
[3]	Effective November 16, 2020, the Sponsor forfeited 431,250 Class B common shares as a result of the underwriter waiving its over-allotment option (see Note 4).