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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities:    
Net loss attributable to NextDecade Corporation $ (14,329) $ (35,871)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 196 251
Share-based compensation expense (341) (9,646)
(Gain) loss on Common Stock Warrant liabilities (7,870) 2,657
Gain on investment securities 0 (100)
Realized loss (gain) on investment securities 423 (138)
Amortization of right-of-use assets 1,230 955
Amortization of other non-current assets 1,360 127
Prepaid expenses 191 573
Accounts payable (370) 207
Operating lease liabilities (874) (1,624)
Accrued expenses and other liabilities (5,869) 1,909
Net cash used in operating activities (26,253) (40,700)
Investing activities:    
Acquisition of property, plant and equipment (32,352) (20,303)
Acquisition of other non-current assets (10,911) (6,875)
Proceeds from sale of investment securities 61,972 77,000
Purchase of investment securities (188) (66,515)
Net cash provided by (used in) investing activities 18,521 (16,693)
Financing activities:    
Proceeds from sale of Rio Bravo Pipeline Company, LLC 15,000 0
Proceeds from equity issuance 0 70,945
Preferred stock dividends (50) (42)
Equity issuance costs 0 (293)
Shares repurchased related to share-based compensation (346) (650)
Net cash provided by financing activities 14,604 69,960
Net increase in cash and cash equivalents 6,872 12,567
Cash and cash equivalents – beginning of period 15,736 3,169
Cash and cash equivalents – end of period 22,608 15,736
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 16 11,351
Accrued liabilities for acquisition of property, plant and equipment 650 2,503
Pipeline assets obtained in exchange for other non-current liabilities 7,916 0
Common stock issued in lieu of cash 0 12,082
Non-cash financing activities:    
Paid-in-kind dividends on Series A Convertible Preferred Stock 14,277 11,122
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 128 $ 1,517