S-1 Filing

DocGo Inc. CIK: 1822359

Filing Information

Form Type	S-1
Accession Number	`0001213900-21-062014`
Period End Date	20210930
Filing Date	20211124
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	fs12021_docgoinc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 22 Cash Flow Statement 49 Stockholders Equity 24

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashEquivalentsAtCarryingValue`	$878.65K	USD	Point-in-time
Cash	`CashEquivalentsAtCarryingValue`	$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
Prepaid expenses	`PrepaidExpenseCurrent`	$168.53K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$350.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.05M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$287.58K	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
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$115.02M	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$115.00M	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 issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Total Assets	`Assets`	$115.29M	USD	Point-in-time
Total Assets	`Assets`	$116.07M	USD	Point-in-time
Common Stock Shares Subject To Possible Redemption per value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares issued	`ExcessStockSharesIssued`	1.73M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$161.07K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.66K	USD	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$103.11K	USD	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$78.19K	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$70.00K	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$70.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$334.18K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$159.85K	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$9.04M	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$8.60M	USD	Point-in-time
Deferred underwriting commissions in connection with initial public offering	`DeferredCompensationLiabilityClassifiedNoncurrent`	$4.03M	USD	Point-in-time
Deferred underwriting commissions in connection with initial public offering	`DeferredCompensationLiabilityClassifiedNoncurrent`	$4.03M	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, 11,500,000 shares subject to possible redemption at $10.00 per share redemption value	`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	`TemporaryEquityCarryingAmountsAttributableToParent`	$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	`TemporaryEquityCarryingAmountsAttributableToParent`	$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; -0- shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption)	`CommonStockValue`	$288.00	USD	Point-in-time
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; 2,875,000 shares issued and outstanding(1)(2)	`CommonStockVaueOne`	$288.00	USD	Point-in-time
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; 2,875,000 shares issued and outstanding(1)(2)	`CommonStockVaueOne`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$-12.16M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$-12.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.16M	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 Stockholders Deficit	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$116.07M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$115.29M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Operating and formation costs	`OperatingCostsAndExpenses`	$168.83K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-976.49K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-2.06K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-348.32K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-168.83K	USD	2 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$20.08K	USD	2 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$22.60K	USD	3 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$1.48K	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$-891.33K	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$3.88M	USD	2 Qtrs
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$-445.67K	USD	3 Qtrs
Offering expense associated with warrants recorded as liabilities	`OfferingExpenseAssociatedWithWarrantsRecordedAsLiability`	$191.11K	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$-4.05M	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$468.27K	USD	3 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$892.81K	USD	1 Quarter
Net income (loss)	`NetIncomelosses`	$-2.06K	USD	1 Quarter
Net income (loss)	`NetIncomelosses`	$544.49K	USD	1 Quarter
Net income (loss)	`NetIncomelosses`	$-508.21K	USD	3 Qtrs
Net income (loss)	`NetIncomelosses`	$-4.22M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.06K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$976.49K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$348.32K	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-508.21K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.06K	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.22M	USD	2 Qtrs
Interest earned on investments held in Trust Account	`InterestAndDividendIncomeSecuritiesHeldToMaturity`	$22.60K	USD	3 Qtrs
Interest earned on investments held in Trust Account	`InterestAndDividendIncomeSecuritiesHeldToMaturity`	$20.08K	USD	2 Qtrs
Interest earned on investments held in Trust Account	`InterestAndDividendIncomeSecuritiesHeldToMaturity`	-	USD	1 Quarter
Offering costs allocable to warrant liabilities	`OtherNoncashExpense`	$191.11K	USD	2 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.88M	USD	2 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$445.67K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$56.39K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$168.53K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$350.00	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.99K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$149.41K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.66K	USD	2 Qtrs
Franchise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$24.92K	USD	3 Qtrs
Franchise taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$78.19K	USD	2 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
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-247.86K	USD	2 Qtrs
Deposit of cash into Trust Account	`PaymentsToAcquireOtherInvestments`	$115.00M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$42.20K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-115.00M	USD	2 Qtrs
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromSaleOfUnitsNetOfUnderwritingDiscountsPaid`	$112.70M	USD	2 Qtrs
Proceeds from sale of Private Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$3.80M	USD	2 Qtrs
Proceeds from note payable to related party	`ProceedsFromRelatedPartyDebt`	$71.16K	USD	1 Quarter
Proceeds from note payable to related party	`ProceedsFromRelatedPartyDebt`	$71.47K	USD	2 Qtrs
Repayment of related party note payable	`RepaymentsOfRelatedPartyDebt`	$71.47K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfFinancingCosts`	$373.49K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.60K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$116.13M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.53K	USD	1 Quarter
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$878.65K	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-819.33K	USD	3 Qtrs
Deferred offering costs paid by related party in exchange for issuance of Class B common stock	`StockIssued1`	$25.00K	USD	1 Quarter
Offering costs paid by related party in exchange for issuance of Class B common stock	`DeferredOfferingCostsPaidByRelatedPartyInExchangeForIssuanceOfClassBCommonStock`	$25.00K	USD	2 Qtrs
Deferred offering costs included in accounts payable	`DeferredOfferingCostsIncludedInAccountsPayable`	$20.45K	USD	1 Quarter
Offering costs included in other accrued liabilities	`DeferredOfferingCostsIncludedInOtherAccruedLiabilities`	$-70.00K	USD	2 Qtrs
Change in value of Class A common shares subject to possible redemption	`ChangeInValueOfClassACommonSharesSubjectToPossibleRedemption`	$4.03M	USD	2 Qtrs
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53K	USD	Point-in-time
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.32K	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 end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.53K	USD	Point-in-time
Cash end of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.32K	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
Interest released from Trust Account	`InterestReleasedFromTrustAccount`	$42.20K	USD	3 Qtrs
Payment of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$67.57K	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$22.93K	USD	Point-in-time
Balance	`StockholdersEquity`	$-13.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$-10.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Balance	`StockholdersEquity`	-	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
Balance	`StockholdersEquity`	$-12.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.16M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Issuance of Class B common shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	2 Qtrs
Excess cash received over fair value of private placement warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.75M	USD	2 Qtrs
Forfeiture of Class B common stock	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	2 Qtrs
Forfeiture of Class B common stock (in Shares)	`StockIssuedDuringPeriodSharesShareBasedCompensationForfeited`	431,250.00	shares	Point-in-time
Class A common shares subject to possible redemption	`StockRedeemedOrCalledDuringPeriodValue`	$-9.71M	USD	2 Qtrs
Issuance of Class B common stock to related party	`StockIssuedDuringValueIssuanceOfClassBCommonStockToRelatedParty`	$25.00K	USD	1 Quarter
Conversion of Class B shares to Class A shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$544.49K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.04M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.99M	USD	1 Quarter

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