NextDecade Corp
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout 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.
Sep 30, 2024 · Filed Nov 7, 2024
NEXT$6.35+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity and Convertible Preferred Stock
Consolidated Statement of Stockholders’ Equity and Convertible Preferred Stock
(in thousands, unaudited)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Total stockholders' equity, beginning balances | $1,278,784 | $(19,682) | $740,434 | $54,371 |
| Common stock: | ||||
| Beginning balance | 26 | 16 | 26 | 14 |
| Issuance of common stock | — | 4 | — | 6 |
| Preferred stock conversion | — | 6 | — | 6 |
| Ending balance | 26 | 26 | 26 | 26 |
| Treasury Stock: | ||||
| Beginning balance | (14,367) | (4,657) | (14,214) | (4,587) |
| Shares repurchased related to share-based compensation | (6,424) | (9,537) | (6,577) | (9,607) |
| Ending balance | (20,791) | (14,194) | (20,791) | (14,194) |
| Additional paid-in-capital: | ||||
| Beginning balance | 1,043,307 | 362,735 | 693,883 | 289,084 |
| Share-based compensation | 4,984 | 10,128 | 13,967 | 22,235 |
| Issuance of common stock, net | — | 179,396 | — | 254,394 |
| Receipt of equity commitments | 160,040 | (14,424) | 493,333 | (14,424) |
| Exercise of common stock warrants | 1,422 | — | 8,570 | — |
| Preferred stock conversion | — | 222,868 | — | 222,868 |
| Preferred stock dividends | — | (7,030) | — | (20,484) |
| Ending balance | 1,209,753 | 753,673 | 1,209,753 | 753,673 |
| Accumulated deficit: | ||||
| Beginning balance | (396,002) | (377,776) | (391,772) | (230,140) |
| Rio Bravo de-consolidation | — | 629 | — | 629 |
| Net (loss) income | (123,199) | 114,640 | (127,429) | (32,996) |
| Ending balance | (519,201) | (262,507) | (519,201) | (262,507) |
| Total stockholders' equity | 669,787 | 476,998 | 669,787 | 476,998 |
| Non-controlling interest: | ||||
| Beginning balance | 645,820 | — | 452,511 | — |
| Sale of equity in Intermediate Holdings | — | 273,433 | — | 273,433 |
| Net (loss) income | (269,876) | 67,204 | (76,567) | 67,204 |
| Ending balance | 375,944 | 340,637 | 375,944 | 340,637 |
| Total equity, ending balances | $1,045,731 | $817,635 | $1,045,731 | $817,635 |
| Preferred Stock, Series A-C: | ||||
| Beginning balance | $— | $215,864 | $— | $202,443 |
| Preferred stock dividends | — | 7,010 | — | 20,431 |
| Preferred stock conversion | — | (222,874) | — | (222,874) |
| Ending balance | $— | $— | $— | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.