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)

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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments40,012,00051,141,00062,789,000109,223,00040,500,00022,358,000
Cash and cash equivalents40,012,00051,141,00062,789,000109,223,00040,500,00022,358,000
Restricted cash and investments      
Prepaid expense157,000300,000619,000484,00041,000186,000
Derivative instruments and hedges, assets      
Other current assets259,000468,000107,000547,000462,000366,000
Other undisclosed current assets12,912,000802,000423,000278,000498,000477,000
Total current assets:53,340,00052,711,00063,938,000110,532,00041,501,00023,387,000
Noncurrent Assets
Operating lease, right-of-use asset951,0001,216,0001,474,0001,065,0001,257,000450,000
Property, plant and equipment266,427,000243,870,000218,646,000182,818,000177,420,000175,172,000
Derivative instruments and hedges      
Other noncurrent assets32,068,00030,108,00028,372,00026,301,00024,566,00022,661,000
Other undisclosed noncurrent assets      
Total noncurrent assets:299,446,000275,194,000248,492,000210,184,000203,243,000198,283,000
TOTAL ASSETS:352,786,000327,905,000312,430,000320,716,000244,744,000221,670,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24,090,00014,367,00011,761,00016,589,0008,303,0003,938,000
Employee-related liabilities4,619,0002,759,0001,446,000
Accounts payable12,815,0001,854,0001,084,0004,887,0001,456,000516,000
Accrued liabilities11,275,00012,513,00010,677,0007,083,0004,088,0001,976,000
Deferred compensation liability 403,000182,000182,000182,000182,000182,000
Derivative instruments and hedges, liabilities 3,395,000     
Other undisclosed current liabilities17,420,00020,343,00013,418,000254,000(569,000)3,124,000
Total current liabilities:45,308,00034,892,00025,361,00017,025,0007,916,0007,244,000
Noncurrent Liabilities
Long-term debt and lease obligation   143,000364,000 
Long-term debt, excluding current maturities      
Liabilities, other than long-term debt107,386,00023,395,00023,465,00023,000,00023,000,00023,000,000
Other liabilities 23,000,00023,000,00023,000,00023,000,00023,000,00023,000,000
Operating lease, liability331,000395,000465,000143,000364,000 
Derivative instruments and hedges, liabilities 84,055,000     
Other undisclosed noncurrent liabilities3,910,0003,653,0006,790,0008,234,0005,461,0007,620,000
Total noncurrent liabilities:111,296,00027,048,00030,255,00031,377,00028,825,00030,620,000
Total liabilities:156,604,00061,940,00055,616,00048,402,00036,741,00037,864,000
Equity
Equity, attributable to parent(19,682,000)56,836,00054,371,00076,356,00018,277,000(135,000)
Common stock16,00015,00014,00014,00013,00012,000
Treasury stock, value(4,657,000)(4,634,000)(4,587,000)(4,127,000)(3,067,000)(1,779,000)
Additional paid in capital362,735,000318,942,000289,084,000291,684,000213,749,000183,138,000
Accumulated deficit(377,776,000)(257,487,000)(230,140,000)(211,215,000)(192,418,000)(181,506,000)
Equity, attributable to noncontrolling interest      
Other undisclosed equity 215,864,000209,129,000202,443,000195,958,000189,726,000183,941,000
Total equity:196,182,000265,965,000256,814,000272,314,000208,003,000183,806,000
TOTAL LIABILITIES AND EQUITY:352,786,000327,905,000312,430,000320,716,000244,744,000221,670,000

Income Statement (P&L) (USD)

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
Operating expenses(27,576,000)(27,110,000)(20,435,000)(16,089,000)(12,818,000)(5,134,000)
Operating loss:(27,576,000)(27,110,000)(20,435,000)(16,089,000)(12,818,000)(5,134,000)
Nonoperating income (expense)(92,713,000)(237,000)1,510,000(2,708,000)1,906,000(6,303,000)
Investment income, nonoperating(87,450,000)     
Other nonoperating income192,000130,00065,00065,00020,0001,000
Interest and debt expense      
Income (loss) from continuing operations:(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)
Loss before gain (loss) on sale of properties:(18,797,000)(10,912,000)(11,437,000)
Other undisclosed net income      
Net income (loss):(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)
Net loss attributable to noncontrolling interest      
Other undisclosed net income attributable to parent      
Net income (loss) attributable to parent:(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)
Other undisclosed net loss available to common stockholders, basic(6,754,000)(6,700,000)(6,505,000)(6,248,000)(5,774,000)(5,754,000)
Net income (loss) available to common stockholders, diluted:(127,043,000)(34,047,000)(25,430,000)(25,045,000)(16,686,000)(17,191,000)

Comprehensive Income (USD)

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):(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)
Comprehensive income (loss):(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)
Comprehensive loss, net of tax, attributable to noncontrolling interest      
Comprehensive income (loss), net of tax, attributable to parent:(120,289,000)(27,347,000)(18,925,000)(18,797,000)(10,912,000)(11,437,000)

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.

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