New Fortress Energy Inc
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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.
FY2024 · Filed Mar 10, 2025
NFE$3.58-10.9%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 Changes in Stockholders’ Equity
(in thousands of U.S. dollars, except share amounts)
| Series B convertible preferred stock · Class A common stock · Additionalpaid-in capital · Retained earnings (Accumulateddeficit) · Accumulatedothercomprehensive(loss) income · Non-controllingInterest · Totalstockholders’equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance as of January 1, 2022 | — | $— | 206,863,242 | $2,069 | $1,923,990 | $(132,399) | $(2,085) | $202,479 | $1,994,054 |
| Net income (loss) | — | — | — | — | — | 194,479 | — | (9,693) | 184,786 |
| Other comprehensive income | — | — | — | — | — | — | 69,505 | (1,102) | 68,403 |
| Currency translation adjustment released upon Sergipe Sale | — | — | — | — | — | — | (12,022) | — | (12,022) |
| Share-based compensation expense | — | — | — | — | 30,382 | — | — | — | 30,382 |
| Issuance of shares for vested RSU/PSUs | — | — | 3,426,213 | 19 | (12) | — | — | — | 7 |
| Shares withheld from employees related to share-based compensation, at cost | — | — | (1,519,367) | — | (74,822) | — | — | — | (74,822) |
| Deconsolidation of Nanook, Celsius and Penguin SPVs | — | — | — | — | — | — | — | (23,569) | (23,569) |
| Dividends | — | — | — | — | (709,284) | — | — | (16,076) | (725,360) |
| Balance as of December 31, 2022 | — | $— | 208,770,088 | $2,088 | $1,170,254 | $62,080 | $55,398 | $152,039 | $1,441,859 |
| Net income | — | — | — | — | — | 547,882 | — | 994 | 548,876 |
| Other comprehensive income | — | — | — | — | — | — | 16,130 | 418 | 16,548 |
| Share-based compensation expense | — | — | — | — | 1,573 | — | — | — | 1,573 |
| Acquisition and cancellation of shares | — | — | (4,100,000) | (41) | (123,778) | — | — | — | (123,819) |
| Issuance of shares for vested share-based compensation awards | — | — | 689,401 | 3 | — | — | — | — | 3 |
| Shares withheld from employees related to share-based compensation, at cost | — | — | (328,083) | — | (9,519) | — | — | — | (9,519) |
| Dividends | — | — | — | — | — | (81,976) | — | (15,676) | (97,652) |
| Balance as of December 31, 2023 | — | $— | 205,031,406 | $2,050 | $1,038,530 | $527,986 | $71,528 | $137,775 | $1,777,869 |
| Net income (loss) | — | — | — | — | — | (249,039) | — | 6,652 | (242,387) |
| Other comprehensive income (loss) | — | — | — | — | — | — | (68,439) | (1,029) | (69,468) |
| Share-based compensation expense | — | — | — | — | 50,625 | — | — | — | 50,625 |
| Class A stock issued, net of issuance costs | — | — | 61,389,733 | 614 | 562,201 | — | — | — | 562,815 |
| Issuance of shares for vested share-based compensation awards | — | — | 54,035 | — | — | — | — | — | — |
| Shares withheld from employees related to share-based compensation, at cost | — | — | (16,081) | — | (435) | — | — | — | (435) |
| Issuance of preferred stock and deemed dividend (Note 4) | 96,746 | 107,189 | — | — | 6,772 | (17,605) | — | — | (10,833) |
| Conversion of Series B convertible preferred stock | — | (16,619) | — | — | 16,619 | — | — | — | 16,619 |
| Dividends | — | — | — | — | — | (64,979) | — | (20,738) | (85,717) |
| Balance as of December 31, 2024 | 96,746 | $90,570 | 266,459,093 | $2,664 | $1,674,312 | $196,363 | $3,089 | $122,660 | $1,999,088 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.