| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Operating activities: | ||||||
Net loss attributable to NextDecade Corporation | ||||||
-35,871 | -41,960 | -35,326 | -434 | -7,764 | ||
Adjustment to reconcile net income (loss) to net cash used in operating activities | ||||||
Depreciation | ||||||
251 | 171 | 106 | - | 80 | ||
Share-based compensation expense (forfeiture) | ||||||
-9,646 | 16,840 | 22,693 | - | - | ||
Gain (loss) on Common Stock Warrant liabilities | ||||||
-2,657 | 164 | - | - | - | ||
Gain on investment securities | ||||||
100 | -114 | - | - | - | ||
Realized gain on investment securities | ||||||
138 | - | - | - | - | ||
Amortization of right-of-use assets | ||||||
955 | - | - | - | - | ||
Amortization of other non-current assets | ||||||
127 | - | - | - | - | ||
Interest earned on cash and securities in trust | ||||||
- | - | - | -254 | - | ||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses and other currents assets | ||||||
-573 | -440 | 1,003 | -92 | 475 | ||
Other assets | ||||||
- | - | - | - | 672 | ||
Other current assets | ||||||
- | -349 | -349 | - | - | ||
Accounts payable | ||||||
207 | 124 | -137 | 113 | 39 | ||
Operating lease liabilities | ||||||
-1,624 | - | - | - | - | ||
Accrued expenses and other liabilities | ||||||
1,909 | 801 | 488 | - | 2,565 | ||
Net cash used in operating activities | ||||||
-40,700 | -23,285 | -12,830 | -483 | -6,227 | ||
Investing activities: | ||||||
Acquisition of property, plant and equipment | ||||||
20,303 | 18,658 | 14,833 | - | 33,213 | ||
Acquisition of other non-current assets | ||||||
6,875 | - | - | - | - | ||
Proceeds from sale of investment securities | ||||||
77,000 | 17,113 | - | - | - | ||
Issuance of note receivable | ||||||
- | - | 115 | - | - | ||
Repayment of note receivable | ||||||
- | - | 115 | - | - | ||
Cash received in reverse recapitalization | ||||||
- | - | 26,774 | - | - | ||
Purchase of investment securities | ||||||
66,515 | 84,616 | 79 | - | - | ||
Withdrawal of Trust funds to pay taxes | ||||||
- | - | - | 122 | - | ||
Addition to principal in the Trust Account | ||||||
- | - | - | 0 | - | ||
Net cash provided by investing activities | ||||||
-16,693 | -86,161 | 11,862 | 122 | -33,213 | ||
Financing activities: | ||||||
Proceeds from equity issuance | ||||||
70,945 | 79,055 | 30,100 | - | 87,000 | ||
Preferred stock dividends | ||||||
42 | 4 | - | - | - | ||
Equity issuance costs | ||||||
293 | 2,104 | 5,953 | - | 2,746 | ||
Shares repurchased related to share-based compensation | ||||||
650 | 35 | - | - | - | ||
Dividends paid | ||||||
- | - | - | - | 1,040 | ||
Payment of offering costs | ||||||
- | - | - | 0 | - | ||
Payment of deferred offering costs associated with initial public offering | ||||||
- | - | - | 0 | - | ||
Proceeds from note payable and notes payable to stockholders | ||||||
- | - | - | 60 | - | ||
Proceeds from sale of shares of common stock to initial stockholders | ||||||
- | - | - | 0 | - | ||
Proceeds from Public Offering, net of offering costs | ||||||
- | - | - | 0 | - | ||
Proceeds from Insider Units | ||||||
- | - | - | 0 | - | ||
Net cash provided by (used in) financing activities | ||||||
69,960 | 76,912 | 24,147 | 60 | 83,214 | ||
Net increase in cash and cash equivalents | ||||||
12,567 | -32,534 | 23,179 | -301 | 43,774 | ||
Accounts payable for acquisition of property, plant and equipment | ||||||
11,351 | 367 | 498 | - | 1,200 | ||
Accrued liabilities for acquisition of property, plant and equipment | ||||||
2,503 | 4,014 | 3,317 | - | 1,989 | ||
Common stock issued in lieu of cash | ||||||
12,082 | - | - | - | - | ||
Non-cash financing activities: | ||||||
Paid-in-kind dividends on Series A and Series B Convertible Preferred Stock | ||||||
11,122 | 720 | - | - | - | ||
Paid-in-kind dividends on series A and series B convertible preferred stock | ||||||
11,122 | 720 | - | - | - | ||
Accretion of deemed dividends on Series A Convertible Preferred Stock | ||||||
1,517 | 822 | - | - | - | ||
Supplemental disclosure of non-cash investing and financing activities | ||||||
Accrual of deferred underwriting fee | ||||||
- | - | - | 0 | - | ||
Accrual of deferred offering costs | ||||||
- | - | - | 0 | - | ||
Change in value of ordinary shares subject to possible conversion | ||||||
- | - | - | -7 | - | ||