DocGo Inc. (DCGO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
35TH STREET WEST 35TH NEW YORK, NY 10001 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 80 - Health Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 109,160 | 120,057 | 157,335 | 169,599 | 198,138 | 188,354 | |||
Cash and cash equivalents | 109,160 | 120,057 | 157,335 | 169,599 | 198,138 | 188,354 | |||
Receivables | 118,499 | (3,781) | (7,819) | 80,000 | 72,254 | 76,168 | |||
Asset, held-in-trust | 4,480 | 1,333 | |||||||
Business combination, contingent consideration, asset | 94,970 | 69,148 | |||||||
Other undisclosed current assets | 6,787 | 47,147 | 47,936 | 1,061 | 5,285 | 3,649 | |||
Total current assets: | 234,445 | 258,394 | 271,081 | 251,993 | 275,678 | 268,171 | |||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 8,964 | 9,170 | 9,040 | 9,421 | 8,408 | 8,659 | |||
Operating lease, right-of-use asset | 9,289 | 9,375 | 9,074 | 8,186 | 3,812 | 3,963 | |||
Property, plant and equipment | 21,937 | 21,729 | 21,258 | 17,578 | 12,230 | 12,624 | |||
Long-term investments and receivables | 392 | 483 | 598 | 713 | 619 | 520 | |||
Long-term investments | 392 | 483 | 598 | 713 | 619 | 520 | |||
Intangible assets, net (including goodwill), including: | 85,871 | 47,669 | 61,870 | 55,181 | 19,102 | 19,266 | |||
Goodwill | 47,821 | 47,669 | 38,900 | 34,533 | 8,687 | 8,687 | |||
Intangible assets, net (excluding goodwill) | 38,050 | 38,939 | 22,969 | 20,648 | 10,415 | 10,579 | |||
Other undisclosed intangible assets, net (including goodwill) | (38,939) | ||||||||
Restricted cash and investments | 14,601 | 7,462 | 6,774 | 9,754 | 10,323 | 10,370 | |||
Deferred costs | 10,974 | 9,958 | |||||||
Deferred income tax assets | 11,248 | ||||||||
Other noncurrent assets | 3,539 | 3,351 | 3,625 | 3,095 | 1,683 | 1,623 | |||
Other undisclosed noncurrent assets | 38,939 | ||||||||
Total noncurrent assets: | 155,841 | 149,151 | 122,197 | 103,927 | 56,178 | 57,026 | |||
TOTAL ASSETS: | 390,286 | 407,545 | 393,278 | 355,920 | 331,855 | 325,196 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 41,478 | 49,572 | 2,259 | 63,245 | 64,031 | 61,684 | |||
Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 12,534 | 12,458 | 8,389 | ||
Accounts payable | 6,691 | 19,028 | 21,583 | 12,153 | 12,916 | 15,121 | |||
Accrued liabilities | 34,787 | 30,544 | 31,573 | 38,558 | 38,657 | 38,174 | |||
Other undisclosed accounts payable and accrued liabilities | (50,897) | ||||||||
Debt | 3,414 | 3,423 | 3,398 | 2,859 | 2,655 | 3,262 | |||
Derivative instruments and hedges, liabilities | 4,480 | ||||||||
Business combination, contingent consideration, liability | 4,000 | ||||||||
Due to related parties | ✕ | ✕ | ✕ | 26,244 | 9,802 | 694 | 1,411 | ||
Other liabilities | 635 | 1,014 | 707 | ||||||
Other undisclosed current liabilities | 46,230 | 54,966 | 63,071 | (8,768) | (9,445) | (5,365) | |||
Total current liabilities: | 91,757 | 108,975 | 100,158 | 71,138 | 57,935 | 60,992 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 7,507 | 7,334 | 5,914 | 12,493 | 8,977 | 10,362 | |||
Long-term debt, excluding current maturities | 1,581 | 1,272 | 1,049 | 1,171 | |||||
Finance lease, liability | 5,926 | 6,062 | 5,914 | 6,087 | 5,276 | 6,403 | |||
Liabilities, other than long-term debt | 7,162 | 7,315 | 7,041 | ||||||
Operating lease, liability | 7,162 | 7,315 | 7,041 | 6,406 | 2,652 | 2,788 | |||
Other undisclosed noncurrent liabilities | 1,237 | (4,950) | 7,898 | 10,789 | |||||
Total noncurrent liabilities: | 14,669 | 14,649 | 14,192 | 13,949 | 19,527 | 23,940 | |||
Total liabilities: | 106,425 | 123,624 | 114,350 | 85,087 | 77,462 | 84,932 | |||
Commitments and contingencies | 26,428 | ||||||||
Temporary equity, carrying amount | (26,428) | ||||||||
Equity | |||||||||
Equity, attributable to parent | 279,773 | 278,677 | 273,231 | 264,220 | 247,093 | 231,984 | |||
Common stock | 10 | 10 | 10 | 11 | 11 | 10 | |||
Additional paid in capital | 312,101 | 310,050 | 301,451 | 301,522 | 287,301 | 284,939 | |||
Accumulated other comprehensive income (loss) | 1,391 | 985 | 741 | (276) | (28) | (38) | |||
Accumulated deficit | (33,730) | (32,368) | (28,972) | (37,037) | (40,191) | (52,927) | |||
Equity, attributable to noncontrolling interest | 4,088 | 5,244 | 5,697 | 6,613 | 7,301 | 8,281 | |||
Total equity: | 283,861 | 283,921 | 278,927 | 270,833 | 254,394 | 240,264 | |||
TOTAL LIABILITIES AND EQUITY: | 390,286 | 407,545 | 393,278 | 355,920 | 331,855 | 325,196 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
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Revenues | 125,487 | 113,003 | 108,785 | 104,320 | 109,519 | 117,892 | ||
Cost of revenue | (3,649) | (516,695) | (3,015) | |||||
Cost of goods and services sold | (3,649) | (3,015) | ||||||
Gross profit: | 125,487 | 109,353 | (407,910) | 101,305 | 109,519 | 117,892 | ||
Operating expenses | (123,911) | (119,905) | (108,705) | (100,121) | (102,062) | (107,797) | ||
Other operating income (expense), net | 6,903 | (23,832) | ||||||
Noninterest income, other operating income | 6,903 | |||||||
Other undisclosed operating income (loss) | (3,253) | 540,526 | 3,015 | |||||
Operating income (loss): | 1,576 | (6,903) | 80 | 4,199 | 7,458 | 10,095 | ||
Nonoperating income (expense) | (920) | 215 | (2,418) | 31 | 1,404 | (4) | ||
Investment income, nonoperating | 8 | 1,388 | ||||||
Gain, foreign currency transaction, before tax | 70 | |||||||
Other nonoperating income (expense) | (920) | 31 | 16 | (4) | ||||
Interest and debt expense | (32) | (29) | 1,458 | (23) | ||||
Income (loss) from continuing operations before equity method investments, income taxes: | 624 | (6,717) | (880) | 4,230 | 8,862 | 10,068 | ||
Income (loss) from equity method investments | (115) | 9 | ||||||
Other undisclosed income (loss) from continuing operations before income taxes | 365 | 783 | (1,106) | (1,362) | 3,216 | (255) | ||
Income (loss) from continuing operations before income taxes: | 989 | (6,049) | (1,977) | 2,868 | 12,078 | 9,813 | ||
Income tax expense (benefit) | 355 | 2,130 | 9,125 | (402) | (322) | (440) | ||
Income (loss) from continuing operations: | 1,344 | (3,919) | 7,148 | 2,466 | 11,756 | 9,372 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 106,786 | 11,756 | 9,372 | |
Income from discontinued operations | 104,320 | |||||||
Other undisclosed net loss | (107,474) | (12,736) | ||||||
Net income (loss): | 1,344 | (3,919) | 7,148 | (688) | (980) | 9,372 | ||
Net income (loss) attributable to noncontrolling interest | (3,355) | 453 | 916 | 688 | 980 | 1,257 | ||
Other undisclosed net income (loss) attributable to parent | 2,925 | 2,466 | 11,756 | (1,257) | ||||
Net income (loss) attributable to parent: | (2,011) | (3,466) | 10,990 | 2,466 | 11,756 | 9,372 | ||
Other undisclosed net income (loss) available to common stockholders, basic | (2,925) | 688 | 980 | 1,257 | ||||
Net income (loss) available to common stockholders, diluted: | (2,011) | (3,466) | 8,065 | 3,154 | 12,736 | 10,630 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 1,344 | (3,919) | 7,148 | (688) | (980) | 9,372 | ||
Comprehensive income (loss): | 1,344 | (3,919) | 7,148 | (688) | (980) | 9,372 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (3,355) | 453 | 916 | 688 | 980 | 1,257 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 406 | 244 | 521 | 3,403 | 12,746 | (6) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (1,605) | (3,222) | 8,586 | 3,403 | 12,746 | 10,624 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.