2023 Q2 Form 10-Q Financial Statement

#000121390023037709 Filed on May 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $125.5M $113.0M $117.9M
YoY Change 14.58% -4.15% 137.26%
Cost Of Revenue $83.62M $81.23M $77.99M
YoY Change 19.15% 4.15% 117.47%
Gross Profit $41.87M $31.78M $39.90M
YoY Change 6.42% -20.37% 188.57%
Gross Profit Margin 33.37% 28.12% 33.85%
Selling, General & Admin $31.48M $29.53M $25.12M
YoY Change 22.8% 17.55% 95.04%
% of Gross Profit 75.19% 92.92% 62.95%
Research & Development $2.574M $1.864M $1.142M
YoY Change 124.19% 63.21% 100.55%
% of Gross Profit 6.15% 5.86% 2.86%
Depreciation & Amortization $3.831M $1.483M $2.201M
YoY Change 88.0% -32.64% 37.76%
% of Gross Profit 9.15% 4.67% 5.52%
Operating Expenses $37.89M $119.9M $28.46M
YoY Change 31.45% 321.29% 89.17%
Operating Profit $3.981M -$6.903M $11.44M
YoY Change -62.16% -160.32% -1040.0%
Interest Expense $431.3K $908.8K -$282.0K
YoY Change -90.63% -422.32% 145.15%
% of Operating Profit 10.83% -2.46%
Other Income/Expense, Net -$920.1K $214.9K -$4.253K
YoY Change -5982.74% -5152.43%
Pretax Income $988.6K -$6.049M $9.813M
YoY Change -91.81% -161.64% -593.35%
Income Tax -$355.1K -$2.130M $440.2K
% Of Pretax Income -35.92% 4.49%
Net Earnings -$2.011M -$3.466M $10.63M
YoY Change -115.79% -132.6% -733.34%
Net Earnings / Revenue -1.6% -3.07% 9.02%
Basic Earnings Per Share -$0.02 -$0.03 $0.11
Diluted Earnings Per Share -$0.02 -$0.03 $91.91K
COMMON SHARES
Basic Shares Outstanding 103.5M shares 102.5M shares 100.2M shares
Diluted Shares Outstanding 103.6M shares 102.6M shares 115.7M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.2M $120.1M $188.4M
YoY Change -44.91% -36.26% 37570.78%
Cash & Equivalents $109.2M $120.1M $188.4M
Short-Term Investments
Other Short-Term Assets $6.787M $6.737M $3.649M
YoY Change 28.41% 84.63% 1558.73%
Inventory
Prepaid Expenses
Receivables $118.5M $131.6M $76.17M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $234.4M $258.4M $268.2M
YoY Change -14.96% -3.65% 37145.94%
LONG-TERM ASSETS
Property, Plant & Equipment $40.19M $21.73M $25.25M
YoY Change 64.37% -13.93%
Goodwill $47.82M $47.67M
YoY Change
Intangibles $38.05M $38.94M
YoY Change
Long-Term Investments $392.1K $482.7K $520.1K
YoY Change -36.69% -7.19% -99.55%
Other Assets $29.39M $3.351M $11.99M
YoY Change 144.78% -72.06%
Total Long-Term Assets $155.8M $149.2M $57.03M
YoY Change 177.41% 161.55% -50.42%
TOTAL ASSETS
Total Short-Term Assets $234.4M $258.4M $268.2M
Total Long-Term Assets $155.8M $149.2M $57.03M
Total Assets $390.3M $407.5M $325.2M
YoY Change 17.61% 25.32% 181.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.691M $19.03M $15.12M
YoY Change -48.2% 25.84% 25101.55%
Accrued Expenses $36.63M $30.54M $38.81M
YoY Change -7.26% -21.29% 55336.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $1.026M
YoY Change -100.0% -100.0%
Long-Term Debt Due $3.414M $649.8K $3.856M
YoY Change 5.97% -83.15%
Total Short-Term Liabilities $91.76M $109.0M $60.99M
YoY Change 58.38% 78.67% 33784.72%
LONG-TERM LIABILITIES
Long-Term Debt $7.507M $7.334M $7.574M
YoY Change 18.68% -3.17%
Other Long-Term Liabilities $7.162M $7.315M $16.37M
YoY Change -45.75% -55.3% 52.8%
Total Long-Term Liabilities $14.67M $14.65M $23.94M
YoY Change -24.88% -38.81% 123.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $91.76M $109.0M $60.99M
Total Long-Term Liabilities $14.67M $14.65M $23.94M
Total Liabilities $110.5M $123.6M $93.21M
YoY Change 30.38% 32.63% 755.95%
SHAREHOLDERS EQUITY
Retained Earnings -$33.73M -$32.37M
YoY Change
Common Stock $10.38K $10.29K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $279.8M $278.7M $232.0M
YoY Change
Total Liabilities & Shareholders Equity $390.3M $407.5M $325.2M
YoY Change 17.61% 25.32% 181.0%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.011M -$3.466M $10.63M
YoY Change -115.79% -132.6% -733.34%
Depreciation, Depletion And Amortization $3.831M $1.483M $2.201M
YoY Change 88.0% -32.64% 37.76%
Cash From Operating Activities $10.69M -$23.12M $18.26M
YoY Change -10.31% -226.57% -1419.53%
INVESTING ACTIVITIES
Capital Expenditures $2.110M $1.976M -$1.137M
YoY Change -356.96% -273.79% -10.84%
Acquisitions -$1.575M
YoY Change
Other Investing Activities -$21.62M $1.692M $0.00
YoY Change -100.0%
Cash From Investing Activities -$23.73M -$1.689M -$1.137M
YoY Change 2789.96% 48.59% -10.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $374.3K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.760M -$11.95M 2.497M
YoY Change -737.31% -578.66% -553.48%
NET CHANGE
Cash From Operating Activities 10.69M -$23.12M 18.26M
Cash From Investing Activities -23.73M -$1.689M -1.137M
Cash From Financing Activities 8.760M -$11.95M 2.497M
Net Change In Cash -4.275M -$36.59M 19.62M
YoY Change -143.95% -286.45% -711.2%
FREE CASH FLOW
Cash From Operating Activities $10.69M -$23.12M $18.26M
Capital Expenditures $2.110M $1.976M -$1.137M
Free Cash Flow $8.583M -$25.09M $19.40M
YoY Change -32.64% -229.34% -17919.36%

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CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Depreciation Nonproduction
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CY2022Q1 us-gaap Depreciation Nonproduction
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CY2023Q1 us-gaap Amortization Of Intangible Assets
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CY2022Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2023Q1 dcgo Loss On Disposal Of Assets
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CY2023Q1 dcgo Deferred Tax Asset
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CY2023Q1 dcgo Gain On Equity Method Investment
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CY2022Q1 dcgo Gain On Equity Method Investment
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CY2023Q1 us-gaap Provision For Doubtful Accounts
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CY2022Q1 us-gaap Provision For Doubtful Accounts
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CY2023Q1 dcgo Stock Based Compensation
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CY2022Q1 dcgo Stock Based Compensation
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CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
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CY2023Q1 us-gaap Gain Loss On Sale Of Other Assets
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CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2023Q1 us-gaap Increase Decrease In Accounts Payable
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable
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CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
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CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023Q1 us-gaap Payments To Acquire Intangible Assets
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CY2022Q1 us-gaap Payments To Acquire Intangible Assets
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CY2023Q1 dcgo Acquisition Of Leased Assets
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CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
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CY2023Q1 us-gaap Repayments Of Notes Payable
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CY2022Q1 us-gaap Repayments Of Notes Payable
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CY2023Q1 dcgo Due To Seller
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CY2022Q1 dcgo Due To Seller
DueToSeller
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CY2022Q1 us-gaap Proceeds From Minority Shareholders
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CY2023Q1 us-gaap Proceeds From Stock Options Exercised
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CY2022Q1 us-gaap Proceeds From Stock Options Exercised
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CY2022Q1 us-gaap Payments Of Stock Issuance Costs
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CY2023Q1 us-gaap Finance Lease Principal Payments
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CY2022Q1 us-gaap Finance Lease Principal Payments
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023Q1 dcgo Effect Of Exchange Rate Changes On Cash And Cash Equivalents
EffectOfExchangeRateChangesOnCashAndCashEquivalents
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CY2022Q1 dcgo Effect Of Exchange Rate Changes On Cash And Cash Equivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127518718 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q1 dcgo Cash Paid For Interest
CashPaidForInterest
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CY2022Q1 dcgo Cash Paid For Interest
CashPaidForInterest
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CY2023Q1 dcgo Cash Paid For Interest On Finance Lease Liabilities
CashPaidForInterestOnFinanceLeaseLiabilities
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CY2022Q1 dcgo Cash Paid For Interest On Finance Lease Liabilities
CashPaidForInterestOnFinanceLeaseLiabilities
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CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
40050 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
440179 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2023Q1 dcgo Gain From Ppp Loans Forgiveness
GainFromPPPLoansForgiveness
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CY2023Q1 dcgo Reconciliation Of Cash
ReconciliationOfCash
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CY2022Q1 dcgo Reconciliation Of Cash
ReconciliationOfCash
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CY2023Q1 dcgo Noncash Investing Activities Acquisition Of Business Funded By Acquisition Payable
NoncashInvestingActivitiesAcquisitionOfBusinessFundedByAcquisitionPayable
-7461821 usd
CY2022Q1 dcgo Noncash Investing Activities Acquisition Of Business Funded By Acquisition Payable
NoncashInvestingActivitiesAcquisitionOfBusinessFundedByAcquisitionPayable
-10370398 usd
CY2023Q1 dcgo Total Cash And Restricted Cash Shown In Statement Of Cash Flows
TotalCashAndRestrictedCashShownInStatementOfCashFlows
127518718 usd
CY2022Q1 dcgo Total Cash And Restricted Cash Shown In Statement Of Cash Flows
TotalCashAndRestrictedCashShownInStatementOfCashFlows
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CY2023Q1 dcgo Noncash Investing Activities Acquisitions Of Business Funded By Acquisition Payable
NoncashInvestingActivitiesAcquisitionsOfBusinessFundedByAcquisitionPayable
19473805 usd
CY2023Q1 us-gaap Share Price
SharePrice
0.0001
CY2023Q1 dcgo Net Proceeds
NetProceeds
158000000 usd
CY2023Q1 dcgo Cash Held Trust Account
CashHeldTrustAccount
43400000 usd
CY2023Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
9600000 usd
CY2023Q1 dcgo Underwriters Fees
UnderwritersFees
114600000 usd
CY2023Q1 dcgo Transaction Fees Net
TransactionFeesNet
10400000 usd
CY2022Q1 dcgo Percentage Of Accounts Receivable
PercentageOfAccountsReceivable
0.17 pure
CY2023Q1 us-gaap Cumulative Translation Adjustment Net Of Tax Period Increase Decrease
CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
243658 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and expenses and the disclosure of contingent assets and liabilities in its financial statements and the reported amounts of expenses during the reporting period. The most significant estimates in the Company’s financial statements relate to revenue recognition, the allowance for doubtful accounts, stock based compensation, calculations related to the incremental borrowing rate for the Company’s lease agreements, estimates related to ongoing lease terms, software development costs, impairment of long-lived assets, goodwill and indefinite-lived intangible assets, business combinations, reserve for losses within the Company’s insurance deductibles, income taxes, and deferred income tax. These estimates and assumptions are based on current facts, historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the recording of expenses that are not readily apparent from other sources.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Actual results may differ materially and adversely from these estimates. To the extent there are material differences between the estimates and actual results, the Company’s future results of operations will be affected.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit Risk and Off-Balance Sheet Risk</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is potentially subject to concentration of credit risk with respect to its cash, cash equivalents and restricted cash, which the Company attempts to minimize by maintaining cash, cash equivalents and restricted cash with institutions of sound financial quality. At times, cash balances may exceed limits federally insured by the Federal Deposit Insurance Corporation (“FDIC”). The Company believes it is not exposed to significant credit risk due to the financial strength of the depository institutions in which the funds are held. The Company has no financial instruments with off-balance sheet risk of loss.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.19 pure
CY2023Q1 us-gaap Investment Company Total Return Unaffected By Restricted Transaction
InvestmentCompanyTotalReturnUnaffectedByRestrictedTransaction
0.18 pure
CY2022Q1 us-gaap Investment Company Total Return Unaffected By Restricted Transaction
InvestmentCompanyTotalReturnUnaffectedByRestrictedTransaction
0.10 pure
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Reclassifications</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain reclassifications of amounts previously reported have been made to the accompanying unaudited Condensed Consolidated Financial Statements to maintain consistency between periods presented. The reclassifications had no impact on previously reported net income or retained earnings.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
4880746 usd
CY2022Q4 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
8125966 usd
CY2022 us-gaap Other Expenses
OtherExpenses
2000000 usd
CY2022 us-gaap Related Parties Amount In Cost Of Sales
RelatedPartiesAmountInCostOfSales
1080000 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
3000000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2921958 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3465670 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10629694 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102579291 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100177082 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1236473 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
14569654 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102579291 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115652049 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9337239 shares
CY2021Q4 dcgo National Providers Association Llc Description
NationalProvidersAssociationLLCDescription
the Company acquired a 20% interest in National Providers Association, LLC (“NPA”) for $30,000. The Company uses the equity method to account for investments in which the Company has the ability to exercise significant influence over the operating and financial policies of the investee, but does not exercise control. The Company’s carrying value in the equity method investee is reflected in the caption “Equity method investment” in the unaudited Condensed Consolidated Balance Sheets. Changes in value of NPA are recorded in “Gain (loss) on equity method investment” in the unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income. The Company’s judgment regarding its level of influence over the equity method investee includes considering key factors, such as ownership interest, representation on the board of directors, and participation in policy-making decisions. Effective December 21, 2021, three members withdrew from NPA resulting in the remaining two members obtaining the remaining ownership percentage. Since December 31, 2021, DocGo has owned 50% of NPA.
CY2023Q1 us-gaap Property Plant And Equipment Gross
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31774910 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10045450 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8524013 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21729460 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21258175 usd
CY2023Q1 us-gaap Depreciation
Depreciation
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CY2022Q1 us-gaap Depreciation
Depreciation
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CY2022Q4 dcgo Gain On Bargain Purchase
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1593612 usd
CY2023Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
229937 usd
CY2023Q1 dcgo Insurance Deposit
InsuranceDeposit
48979760 usd
CY2023Q1 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
1000000 usd
CY2023Q1 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
17279201 usd
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
1333333 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
26377730 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Asset Current
BusinessCombinationContingentConsiderationAssetCurrent
94970024 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
9796233 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
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CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
1761911 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
9648473 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
29167150 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
73638404 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
2288289 usd
CY2023Q1 dcgo Due To Seller Business Combination
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CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
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6476000 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
21141783 usd
CY2023Q1 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
42473403 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
94970024 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2921958 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
35299136 usd
CY2023Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
47668654 usd
CY2022Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
38900413 usd
CY2023Q1 us-gaap Goodwill Transfers
GoodwillTransfers
8642190 usd
CY2023Q1 dcgo Cumulative Translation Adjustment Net Of Tax Period
CumulativeTranslationAdjustmentNetOfTaxPeriod
126051 usd
CY2023Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
47668654 usd
CY2023Q1 dcgo Increase Decrease In Additions
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CY2023Q1 us-gaap Property Plant And Equipment Other Net
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CY2022 dcgo Increase Decrease In Additions
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CY2022Q4 us-gaap Property Plant And Equipment Other Net
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CY2023Q1 us-gaap Other Amortization Of Deferred Charges
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CY2022Q1 us-gaap Other Amortization Of Deferred Charges
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CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
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3149231 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3796183 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3621413 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3240049 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3239331 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12431293 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
29477500 usd
CY2023Q1 dcgo Accrued Subcontractors
AccruedSubcontractors
8889201 usd
CY2022Q4 dcgo Accrued Subcontractors
AccruedSubcontractors
8101150 usd
CY2023Q1 dcgo Accrued General Expenses
AccruedGeneralExpenses
7080279 usd
CY2022Q4 dcgo Accrued General Expenses
AccruedGeneralExpenses
11436462 usd
CY2023Q1 dcgo Accrued Workers Compensation
AccruedWorkersCompensation
6564201 usd
CY2022Q4 dcgo Accrued Workers Compensation
AccruedWorkersCompensation
3766469 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
3688168 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
4245838 usd
CY2023Q1 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
1312368 usd
CY2022Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
1500717 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1014005 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
706528 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
706351 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
584203 usd
CY2023Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
629694 usd
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
344417 usd
CY2023Q1 dcgo Accrued Fuel And Maintenance
AccruedFuelAndMaintenance
555528 usd
CY2022Q4 dcgo Accrued Fuel And Maintenance
AccruedFuelAndMaintenance
253243 usd
CY2023Q1 dcgo Credit Card Payable
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