Nextdecade corp. (NEXT)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
Current assets
Cash and cash equivalents

58,279

15,736

3,841

4,543

5,569

3,169

33,880

18,846

24,705

35,703

44,709

50

196

12,524

34

113

157

324

379

479

878

1

Investment securities

-

62,207

40,374

52,573

56,088

72,453

60,135

5,088

5,065

5,063

5,060

-

-

4,997

-

-

-

-

-

-

-

-

Deferred equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

578

-

-

-

-

0

0

0

115

Prepaid expenses and other current assets

1,079

859

1,288

1,755

1,781

1,310

1,804

2,195

2,282

2,099

1,043

42

58

1,096

19

36

48

46

100

154

119

0

Total current assets

59,358

78,802

45,503

58,871

63,438

76,932

95,819

26,129

32,052

42,865

50,812

92

255

19,195

54

149

205

371

480

633

998

116

Property, plant and equipment, net

146,012

134,591

119,918

104,198

96,026

92,070

88,870

86,060

79,364

73,226

67,602

-

-

56,233

-

-

-

-

-

-

-

-

Operating lease right-of-use assets, net

730

1,054

1,336

1,608

1,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets, net

12,677

6,748

3,071

-

-

-

-

-

-

-

349

-

-

349

-

-

-

-

-

-

-

-

Cash, cash equivalents and securities held in Trust

-

-

-

-

-

-

-

-

-

-

-

113,939

112,865

-

117,462

117,391

117,420

117,374

117,339

117,316

117,300

0

Prepaid expenses - long term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

54

65

66

66

66

-

0

Total assets

218,777

221,195

169,828

164,677

160,842

169,002

184,689

112,189

111,416

116,091

118,763

114,031

113,120

75,777

117,553

117,596

117,692

117,812

117,885

118,016

118,298

116

Current liabilities
Accounts payable

3,873

11,912

1,400

1,856

1,513

719

991

623

247

726

1,820

484

372

1,167

33

21

53

17

17

58

81

0

Share-based compensation liability

182

182

182

182

402

3,018

6,394

7,548

1,949

1,815

993

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities and other current liabilities

8,749

8,751

19,911

4,789

4,187

8,353

14,556

9,892

5,469

5,856

4,105

-

-

3,767

-

-

-

-

-

-

-

-

Current operating lease liabilities

430

698

1,512

1,784

1,320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

13,234

21,543

23,005

8,611

7,422

12,090

21,941

18,063

7,665

8,397

6,918

484

372

4,934

33

21

53

17

17

58

207

93

Non-current Common Stock Warrant liabilities

3,696

12,034

10,343

11,216

7,638

7,441

7,522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current operating lease liabilities

-

3

10

273

352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

15,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current compensation liabilities

-

-

-

-

-

-

-

-

1,000

2,015

2,015

-

-

2,745

-

-

-

-

-

-

-

-

Non-current share-based compensation liability

-

-

-

-

-

-

-

-

3,419

2,587

1,312

-

-

-

-

-

-

-

-

-

-

-

Deferred Underwriters Fee

-

-

-

-

-

-

-

-

-

-

-

4,325

4,325

-

4,325

4,325

4,325

4,325

4,325

4,325

4,325

0

Advances from stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-

Offering Costs Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

43

Note payable

-

-

-

-

-

-

-

-

-

-

-

110

110

-

-

-

-

-

0

0

50

50

Note payable to stockholders

-

-

-

-

-

-

-

-

-

-

-

1,430

522

-

-

-

-

0

-

-

-

-

Total liabilities

31,930

33,580

33,358

20,100

15,412

19,531

29,463

18,063

12,084

12,999

10,245

6,349

5,330

7,679

4,358

4,346

4,378

4,342

4,342

4,383

4,532

93

Commitments and contingencies (Note 13)

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

Convertible Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

102,682

102,790

-

108,043

108,043

108,086

108,043

107,974

107,974

107,974

0

Stockholders’ equity
Common stock, $0.0001 par value Authorized: 480.0 million shares at March 31, 2020 and December 31, 2019 Issued and outstanding: 117.4 million shares and 117.3 million shares at March 31, 2020 and December 31, 2019, respectively

12

12

11

11

11

11

11

11

11

11

11

0

0

10

0

0

0

0

0

0

0

0

Treasury stock: 149,167 shares and 137,860 shares at March 31, 2020 and December 31, 2019, respectively, at cost

742

685

685

466

295

35

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock, $0.0001 par value Authorized: 0.9 million, after designation of the Series A and Series B Convertible Preferred Stock Issued and outstanding: none at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

Additional paid-in-capital

218,972

224,091

162,590

170,374

183,834

180,862

176,274

169,454

171,178

158,738

147,814

5,989

5,880

88,406

5,690

5,690

5,648

5,690

5,759

5,759

5,799

24

Accumulated deficit

-132,799

-133,701

-119,820

-116,592

-109,873

-97,617

-86,019

-75,339

-71,857

-55,617

-39,289

-989

-881

-20,291

-540

-485

-420

-264

-191

-101

-9

-1

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-40

-18

-

-

-27

-

-

-

-

-

-

-

-

Total stockholders’ equity

85,443

89,717

42,096

53,327

73,677

83,221

90,247

94,126

99,332

103,092

108,518

5,000

5,000

68,098

5,150

5,205

5,228

5,426

5,568

5,658

5,790

23

Total liabilities, Series A and Series B Convertible Preferred Stock and stockholders’ equity

218,777

221,195

169,828

164,677

160,842

169,002

184,689

112,189

111,416

116,091

118,763

114,031

113,120

75,777

117,553

117,596

117,692

117,812

117,885

118,016

118,298

116

Series A Convertible Preferred Stock [Member]
Convertible Preferred Stock

49,917

48,084

46,186

-

-

40,091

38,820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

49,917

48,084

46,186

-

-

40,091

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series A convertible preferred stock
Convertible preferred stock

49,917

48,084

46,186

44,263

43,775

40,091

38,820

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Series B Convertible Preferred Stock [Member]
Convertible Preferred Stock

51,487

49,814

48,188

46,987

27,978

26,159

26,159

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

51,487

49,814

48,188

-

-

26,159

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-