NextDecade Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
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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.
Mar 31, 2024 · Filed May 9, 2024
NEXT$6.30+8.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except per share data, unaudited)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $45,753 | $38,241 |
| Restricted cash | 205,645 | 256,237 |
| Derivatives | 29,327 | 17,958 |
| Prepaid expenses and other current assets | 3,193 | 2,089 |
| Total current assets | 283,918 | 314,525 |
| Property, plant and equipment, net | 3,158,242 | 2,437,733 |
| Operating lease right-of-use assets | 169,504 | 170,827 |
| Debt issuance costs | 371,466 | 389,695 |
| Derivatives | 175,699 | — |
| Other non-current assets | 17,054 | 11,021 |
| Total assets | $4,175,883 | $3,323,801 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $175,384 | $243,129 |
| Accrued and other current liabilities | 321,997 | 299,264 |
| Common stock warrants | 5,297 | 6,851 |
| Operating leases | 2,972 | 3,143 |
| Total current liabilities | 505,650 | 552,387 |
| Common stock warrants | — | 1,818 |
| Operating leases | 145,466 | 145,962 |
| Derivative liability | — | 66,899 |
| Debt, net | 2,393,730 | 1,816,301 |
| Total liabilities | 3,044,846 | 2,583,367 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value, 480.0 million authorized: 257.5 million and 256.5 million outstanding, respectively | 26 | 26 |
| Treasury stock: 2.2 million shares and 2.2 million respectively, at cost | (14,308) | (14,214) |
| Preferred stock, $0.0001 par value, 0.5 million authorized after designation of the convertible preferred stock: none outstanding | — | — |
| Additional paid-in-capital | 897,805 | 693,883 |
| Accumulated deficit | (363,426) | (391,772) |
| Total stockholders’ equity | 520,097 | 287,923 |
| Non-controlling interest | 610,940 | 452,511 |
| Total equity | 1,131,037 | 740,434 |
| Total liabilities and equity | $4,175,883 | $3,323,801 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.