10-Q/A Filing

DocGo Inc. CIK: 1822359 Q3 2021

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-21-061680`
Period End Date	20210930
Filing Date	20211124
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	f10q0921a1_docgoinc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 21 Cash Flow Statement 42 Stockholders Equity 18

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.53K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$878.65K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$59.32K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$228.26K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$168.88K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$287.58K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.05M	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$115.02M	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$115.00M	USD	Point-in-time
Total Assets	`Assets`	$115.29M	USD	Point-in-time
Total Assets	`Assets`	$116.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.66K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$161.07K	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Franchise tax payable	`TaxesPayableCurrent`	$78.19K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Franchise tax payable	`TaxesPayableCurrent`	$103.11K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$70.00K	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$70.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$159.85K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$334.18K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Deferred underwriting commissions in connection with initial public offering	`DeferredOfferingCostsAssociatedWithInitialPublicOffering`	$4.03M	USD	Point-in-time
Deferred underwriting commissions in connection with initial public offering	`DeferredOfferingCostsAssociatedWithInitialPublicOffering`	$4.03M	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$9.04M	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$8.60M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.95M	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.23M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock, $0.0001 par value, subject to possible redemption at $10.00 per share 11,500,000 shares at September 30, 2021 and December 31, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$115.00M	USD	Point-in-time
Class A common stock, $0.0001 par value, subject to possible redemption at $10.00 per share 11,500,000 shares at September 30, 2021 and December 31, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$115.00M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Class A common stock, $0.0001 par value; 50,000,000 shares authorized; 2,875,000 and -0- shares issued and outstanding (excluding 11,500,000 and 11,500,000 shares subject to possible redemption) at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$288.00	USD	Point-in-time
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; -0- shares and 2,875,000 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue1`	-	USD	Point-in-time
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; -0- shares and 2,875,000 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue1`	$288.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.16M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$22.93K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-13.21M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-10.17M	USD	Point-in-time
Total Liabilities, Class A Common Stock Subject to Possible Redemption, and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$115.29M	USD	Point-in-time
Total Liabilities, Class A Common Stock Subject to Possible Redemption, and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$116.07M	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$348.32K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$976.49K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.06K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.06K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-348.32K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-976.49K	USD	3 Qtrs
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$1.48K	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$22.60K	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-445.67K	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-891.33K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$468.27K	USD	3 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$892.81K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.05M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-508.21K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$544.49K	USD	1 Quarter
Weighted average number of outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.50M	shares	2 Qtrs
Basic and diluted net income (loss) per (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	2 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.05M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-508.21K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$544.49K	USD	1 Quarter
Interest earned on investments held in Trust Account	`InterestAndDividendIncomeSecuritiesHeldToMaturity`	-	USD	1 Quarter
Interest earned on investments held in Trust Account	`InterestAndDividendIncomeSecuritiesHeldToMaturity`	$22.60K	USD	3 Qtrs
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	-	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$-445.67K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$56.39K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.99K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$149.41K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Franchise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	-	USD	1 Quarter
Franchise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$24.92K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.06K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-861.53K	USD	3 Qtrs
Interest released from Trust Account	`InterestReleasedFromTrustAccount`	-	USD	1 Quarter
Interest released from Trust Account	`InterestReleasedFromTrustAccount`	$42.20K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$42.20K	USD	3 Qtrs
Proceeds from note payable to related party	`ProceedsFromRelatedPartyDebt`	$71.16K	USD	1 Quarter
Proceeds from note payable to related party	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Payment of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$67.57K	USD	1 Quarter
Payment of deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.60K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.53K	USD	1 Quarter
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-819.33K	USD	3 Qtrs
Cash - beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53K	USD	Point-in-time
Cash - beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$878.65K	USD	Point-in-time
Cash - beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.32K	USD	Point-in-time
Cash - end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53K	USD	Point-in-time
Cash - end of the period	`CashAndCashEquivalentsAtCarryingValue`	$878.65K	USD	Point-in-time
Cash - end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - end of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.32K	USD	Point-in-time
Deferred offering costs paid by related party in exchange for issuance of Class B common stock	`DeferredOfferingCostsPaidByRelatedPartyInExchangeForIssuanceOfClassBCommonStock`	$25.00K	USD	1 Quarter
Deferred offering costs paid by related party in exchange for issuance of Class B common stock	`DeferredOfferingCostsPaidByRelatedPartyInExchangeForIssuanceOfClassBCommonStock`	-	USD	3 Qtrs
Deferred offering costs included in accounts payable	`DeferredOfferingCostsIncludedInAccountsPayable`	$20.45K	USD	1 Quarter
Deferred offering costs included in accounts payable	`DeferredOfferingCostsIncludedInAccountsPayable`	-	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.93K	USD	Point-in-time
Balance	`StockholdersEquity`	$-13.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$-10.17M	USD	Point-in-time
Conversion of Class B shares to Class A shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Issuance of Class B common stock to related party	`StockIssuedDuringPeriodValueOther`	$25.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$544.49K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.99M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.06K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.04M	USD	1 Quarter
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$22.93K	USD	Point-in-time
Balance	`StockholdersEquity`	$-13.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$-10.17M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.