NextDecade Corp
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 11, 2024
NEXT$6.30+8.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $38,241 | $62,789 |
| Restricted cash | 256,237 | — |
| Derivative asset | 17,958 | — |
| Prepaid expenses and other current assets | 2,089 | 1,149 |
| Total current assets | 314,525 | 63,938 |
| Property, plant and equipment, net | 2,437,733 | 218,646 |
| Operating lease right-of-use assets | 170,827 | 1,474 |
| Debt issuance costs | 389,695 | — |
| Other non-current assets | 11,021 | 28,372 |
| Total assets | $3,323,801 | $312,430 |
| Liabilities, Convertible Preferred Stock and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $243,129 | $1,084 |
| Accrued and other current liabilities | 299,264 | 23,184 |
| Common stock warrant liabilities | 6,851 | — |
| Operating lease liabilities | 3,143 | 1,093 |
| Total current liabilities | 552,387 | 25,361 |
| Common stock warrant liabilities | 1,818 | 6,790 |
| Operating lease liabilities | 145,962 | 465 |
| Derivative liability | 66,899 | — |
| Debt, net | 1,816,301 | — |
| Other non-current liabilities | — | 23,000 |
| Total liabilities | 2,583,367 | 55,616 |
| Commitments and contingencies (Note 16) | ||
| Series A-C convertible preferred stock (Note 10) | — | 202,443 |
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value, 480.0 million authorized: 256.5 million and 143.5 million outstanding, respectively | 26 | 14 |
| Treasury stock: 2.2 million and 1.0 million respectively, at cost | (14,214) | (4,587) |
| Preferred stock, $0.0001 par value, 0.5 million authorized after designation of the convertible preferred stock: none outstanding | — | — |
| Additional paid-in-capital | 693,883 | 289,084 |
| Accumulated deficit | (391,772) | (230,140) |
| Total stockholders' equity | 287,923 | 54,371 |
| Non-controlling interest | 452,511 | — |
| Total equity | 740,434 | 54,371 |
| Total liabilities, convertible preferred stock and stockholders’ equity | $3,323,801 | $312,430 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.