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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net loss (income) attributable to NextDecade Corporation $ (3,658) $ 902
Adjustment to reconcile net loss (income) to net cash used in operating activities    
Depreciation 48 16
Share-based compensation expense (forfeiture) (3,729) (1,860)
Loss (gain) on common stock warrant liabilities 2,038 (8,339)
Realized loss on investment securities 0 423
Amortization of right-of-use assets 139 324
Amortization of other non-current assets 354 177
Changes in operating assets and liabilities:    
Prepaid expenses (169) (218)
Accounts payable (45) (28)
Operating lease liabilities (158) (271)
Accrued expenses and other liabilities 1,390 (5,364)
Net cash used in operating activities (3,790) (14,238)
Investing activities:    
Acquisition of property, plant and equipment (2,384) (13,826)
Acquisition of other non-current assets (1,533) (6,107)
Proceeds from sale of investment securities 0 61,972
Purchase of investment securities 0 (188)
Net cash (used in) provided by investing activities (3,917) 41,851
Financing activities:    
Proceeds from sale of Rio Bravo 0 15,000
Proceeds from equity issuance 24,500 0
Preferred stock dividends (13) (13)
Equity issuance costs (54) 0
Shares repurchased related to share-based compensation (44) (57)
Net cash provided by financing activities 24,389 14,930
Net increase in cash and cash equivalents 16,682 42,543
Cash and cash equivalents – beginning of period 22,608 15,736
Cash and cash equivalents – end of period 39,290 58,279
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 79 3,341
Accrued liabilities for acquisition of property, plant and equipment 395 7,862
Pipeline assets obtained in exchange for other non-current liabilities 84 0
Non-cash financing activities:    
Paid-in-kind dividends on Series A and Series B Convertible Preferred Stock 3,862 3,430
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 16 $ 76