NextDecade Corporation (NEXT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1000 LOUISIANA STREET HOUSTON, TX 77002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4923 - Natural Gas Transmission and Distribution (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 38,241,000 | 62,789,000 | 25,552,000 | 22,608,000 | 77,943,000 | 75,622,000 | |||
| Cash and cash equivalents | 38,241,000 | 62,789,000 | 25,552,000 | 22,608,000 | 15,736,000 | 3,169,000 | |||
| Short-term investments | 62,207,000 | 72,453,000 | |||||||
| Restricted cash and investments | 256,237,000 | ||||||||
| Prepaid expense | 619,000 | 272,000 | 314,000 | 292,000 | 233,000 | ||||
| Derivative instruments and hedges, assets | 17,958,000 | ||||||||
| Other current assets | 107,000 | 418,000 | 267,000 | 381,000 | 255,000 | ||||
| Other undisclosed current assets | 2,089,000 | 423,000 | 145,000 | 89,000 | 186,000 | 822,000 | |||
| Total current assets: | 314,525,000 | 63,938,000 | 26,387,000 | 23,278,000 | 78,802,000 | 76,932,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 170,827,000 | 1,474,000 | 590,000 | 429,000 | 1,054,000 | ✕ | |||
| Property, plant and equipment | 2,437,733,000 | 218,646,000 | 173,816,000 | 161,662,000 | 134,591,000 | 92,070,000 | |||
| Derivative instruments and hedges | |||||||||
| Other noncurrent assets | 11,021,000 | 28,372,000 | 21,312,000 | 16,299,000 | 6,748,000 | ||||
| Other undisclosed noncurrent assets | 389,695,000 | ||||||||
| Total noncurrent assets: | 3,009,276,000 | 248,492,000 | 195,718,000 | 178,390,000 | 142,393,000 | 92,070,000 | |||
| TOTAL ASSETS: | 3,323,801,000 | 312,430,000 | 222,105,000 | 201,668,000 | 221,195,000 | 169,002,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 542,393,000 | 11,761,000 | 5,146,000 | 589,000 | 18,160,000 | 5,058,000 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 4,358,000 | 14,000 | 4,221,000 | 3,130,000 | ||
| Accounts payable | 243,129,000 | 1,084,000 | 281,000 | 207,000 | 11,912,000 | 719,000 | |||
| Accrued liabilities | 299,264,000 | 10,677,000 | 507,000 | 368,000 | 2,027,000 | 1,209,000 | |||
| Debt | 698,000 | ||||||||
| Deferred compensation liability | 182,000 | 182,000 | 182,000 | 182,000 | 3,018,000 | ||||
| Other undisclosed current liabilities | 9,994,000 | 13,418,000 | 2,898,000 | 4,372,000 | 2,503,000 | 4,014,000 | |||
| Total current liabilities: | 552,387,000 | 25,361,000 | 8,226,000 | 5,143,000 | 21,543,000 | 12,090,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,816,301,000 | 3,000 | |||||||
| Long-term debt, excluding current maturities | 1,816,301,000 | ||||||||
| Liabilities, other than long-term debt | 212,861,000 | 23,465,000 | 23,000,000 | 22,916,000 | |||||
| Other liabilities | 23,000,000 | 23,000,000 | 22,916,000 | ||||||
| Operating lease, liability | 145,962,000 | 465,000 | 3,000 | ✕ | |||||
| Derivative instruments and hedges, liabilities | 66,899,000 | ||||||||
| Other undisclosed noncurrent liabilities | 1,818,000 | 6,790,000 | 2,587,000 | 874,000 | 12,034,000 | 7,441,000 | |||
| Total noncurrent liabilities: | 2,030,980,000 | 30,255,000 | 25,587,000 | 23,790,000 | 12,037,000 | 7,441,000 | |||
| Total liabilities: | 2,583,367,000 | 55,616,000 | 33,813,000 | 28,933,000 | 33,580,000 | 19,531,000 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 287,923,000 | 54,371,000 | 19,892,000 | 60,432,000 | 89,717,000 | 83,221,000 | |||
| Common stock | 14,000 | 12,000 | 12,000 | 12,000 | 11,000 | ||||
| Treasury stock, value | (14,214,000) | (4,587,000) | (1,315,000) | (1,031,000) | (685,000) | (35,000) | |||
| Additional paid in capital | 693,883,000 | 289,084,000 | 191,264,000 | 209,481,000 | 224,091,000 | 180,862,000 | |||
| Accumulated deficit | (391,772,000) | (230,140,000) | (170,069,000) | (148,030,000) | (133,701,000) | (97,617,000) | |||
| Other undisclosed equity, attributable to parent | 26,000 | ||||||||
| Equity, attributable to noncontrolling interest | 452,511,000 | ||||||||
| Other undisclosed equity | 202,443,000 | 168,400,000 | 112,303,000 | 97,898,000 | 66,250,000 | ||||
| Total equity: | 740,434,000 | 256,814,000 | 188,292,000 | 172,735,000 | 187,615,000 | 149,471,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,323,801,000 | 312,430,000 | 222,105,000 | 201,668,000 | 221,195,000 | 169,002,000 | |||
Income Statement (P&L) (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (122,668,000) | (54,475,000) | (19,507,000) | (22,012,000) | (35,001,000) | (43,015,000) | ||
| Other undisclosed operating income | 412,000 | |||||||
| Operating loss: | (122,668,000) | (54,475,000) | (19,507,000) | (22,012,000) | (35,001,000) | (43,015,000) | ||
| Nonoperating income (expense) | (98,972,000) | (5,596,000) | (2,532,000) | 7,683,000 | (870,000) | 1,055,000 | ||
| Investment income, nonoperating | (44,803,000) | |||||||
| Interest and debt expense | (9,531,000) | |||||||
| Loss from continuing operations: | (231,171,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | |
| Other undisclosed net income | 9,531,000 | |||||||
| Net loss: | (221,640,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
| Net income (loss) attributable to noncontrolling interest | 59,379,000 | |||||||
| Other undisclosed net income attributable to parent | ||||||||
| Net income (loss) attributable to parent: | (162,261,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
| Preferred stock dividends and other adjustments | (63,000) | (128,000) | (1,517,000) | (822,000) | ||||
| Other undisclosed net loss available to common stockholders, basic | (20,484,000) | (24,282,000) | (18,294,000) | (14,327,000) | (11,164,000) | (724,000) | ||
| Net loss available to common stockholders, diluted: | (182,745,000) | (84,353,000) | (40,396,000) | (28,784,000) | (48,552,000) | (43,506,000) | ||
Comprehensive Income (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (221,640,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
| Comprehensive loss: | (221,640,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 59,379,000 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (162,261,000) | (60,071,000) | (22,039,000) | (14,329,000) | (35,871,000) | (41,960,000) | ||
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.