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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net loss attributable to NextDecade Corporation $ (35,871) $ (41,960)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 251 171
Share-based compensation expense (9,646) 16,840
Loss (gain) on Common Stock Warrant liabilities 2,657 (164)
(Gain) loss 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
Changes in operating assets and liabilities:    
Prepaid expenses 573 440
Other current assets 349
Accounts payable 207 124
Operating lease liabilities (1,624)
Accrued expenses and other liabilities 1,909 801
Net cash used in operating activities (40,700) (23,285)
Investing activities:    
Acquisition of property, plant and equipment (20,303) (18,658)
Proceeds from sale of investment securities 77,000 17,113
Purchase of investment securities (66,515) (84,616)
Acquisition of other non-current assets (6,875)
Net cash used in investing activities (16,693) (86,161)
Financing activities:    
Proceeds from equity issuance 70,945 79,055
Preferred stock dividends (42) (4)
Equity issuance costs (293) (2,104)
Shares repurchased related to share-based compensation (650) (35)
Net cash provided by financing activities 69,960 76,912
Net increase (decrease) in cash and cash equivalents 12,567 (32,534)
Cash and cash equivalents – beginning of period 3,169 35,703
Cash and cash equivalents – end of period 15,736 3,169
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 11,351 367
Accrued liabilities for acquisition of property, plant and equipment 2,503 4,014
Common stock issued in lieu of cash 12,082
Non-cash financing activities:    
Paid-in-kind dividends on Series A Convertible Preferred Stock 11,122 720
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 1,517 $ 822