NextDecade Corp

For the period ended Jun 30, 2025. Filed Aug 1, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 1, 2025

NEXT$6.30+8.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share data, unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Revenues	$—	$—	$—	$—
Operating expenses:
General and administrative expense	52,049	33,902	96,991	66,407
Development expense	1,248	2,409	1,555	4,918
Depreciation and amortization expense	2,971	3,223	6,120	6,326
Other	—	—	3,518	—
Total operating expenses	56,268	39,534	108,184	77,651
Total operating loss	(56,268)	(39,534)	(108,184)	(77,651)
Other (expense) income:
Derivative gain (loss)	25,157	109,067	(143,543)	367,939
Interest expense, net	(28,833)	(26,030)	(56,038)	(51,509)
Loss on debt extinguishment	(9,160)	(40,133)	(9,160)	(47,573)
Other income (expense), net	(1,528)	(1,066)	1,065	(2,127)
Total other (expense) income	(14,364)	41,838	(207,676)	266,730
Net (loss) income attributable to NextDecade Corporation	(70,632)	2,304	(315,860)	189,079
Less: net (loss) income attributable to non-controlling interest	(9,765)	34,880	(166,188)	193,309
Net loss attributable to common stockholders	$(60,867)	$(32,576)	$(149,672)	$(4,230)
Net loss per common share — basic and diluted	$(0.23)	$(0.13)	$(0.57)	$(0.02)
Weighted average shares outstanding — basic and diluted	260,877	257,842	260,646	257,275

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.