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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net loss attributable to NextDecade Corporation $ (22,039) $ (14,329)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 184 196
Share-based compensation expense (forfeiture) (4,313) (341)
Loss (gain) on Common Stock Warrant liabilities 2,533 (7,870)
Realized loss on investment securities 0 423
Amortization of right-of-use assets 551 1,230
Amortization of other non-current assets 1,416 1,360
Changes in operating assets and liabilities:    
Prepaid expenses (186) 191
Accounts payable (26) (370)
Operating lease liabilities (548) (874)
Accrued expenses and other liabilities 4,468 (5,869)
Net cash used in operating activities (17,960) (26,253)
Investing activities:    
Acquisition of property, plant and equipment (12,105) (32,352)
Acquisition of other non-current assets (6,429) (10,911)
Proceeds from sale of investment securities 0 61,972
Purchase of investment securities 0 (188)
Net cash (used in) provided by investing activities (18,534) 18,521
Financing activities:    
Proceeds from sale of Rio Bravo Pipeline Company, LLC 0 15,000
Proceeds from sale of Series C Convertible Preferred Stock 39,500 0
Proceeds from sale of common stock 557 0
Equity issuance costs (268) 0
Preferred stock dividends (67) (50)
Shares repurchased related to share-based compensation (284) (346)
Net cash provided by financing activities 39,438 14,604
Net increase in cash and cash equivalents 2,944 6,872
Cash and cash equivalents – beginning of period 22,608 15,736
Cash and cash equivalents – end of period 25,552 22,608
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 117 16
Accrued liabilities for acquisition of property, plant and equipment 926 650
Pipeline assets obtained in exchange for other non-current liabilities 84 7,916
Non-cash financing activities:    
Paid-in-kind dividends on Convertible Preferred Stock 18,227 14,277
Accretion of deemed dividends on Series A Convertible Preferred Stock 63 128
Accrued liabilities for equity issuance costs $ 35 $ 0