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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net loss attributable to NextDecade Corporation $ (11,437) $ (3,658)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 47 48
Share-based compensation expense (forfeiture) (2,372) (3,729)
Loss on common stock warrant liabilities 6,304 2,038
Amortization of right-of-use assets 140 139
Amortization of other non-current assets 354 354
Changes in operating assets and liabilities:    
Prepaid expenses (194) (169)
Accounts payable 114 (45)
Operating lease liabilities (156) (158)
Accrued expenses and other liabilities (2,994) 1,390
Net cash used in operating activities (10,194) (3,790)
Investing activities:    
Acquisition of property, plant and equipment (1,314) (2,384)
Acquisition of other non-current assets (1,703) (1,533)
Net cash used in investing activities (3,017) (3,917)
Financing activities:    
Proceeds from sale of Series C Convertible Preferred Stock 10,500 24,500
Equity issuance costs 0 (54)
Preferred stock dividends (19) (13)
Shares repurchased related to share-based compensation (464) (44)
Net cash provided by financing activities 10,017 24,389
Net (decrease) increase in cash and cash equivalents (3,194) 16,682
Cash and cash equivalents – beginning of period 25,552 22,608
Cash and cash equivalents – end of period 22,358 39,290
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 339 79
Accrued liabilities for acquisition of property, plant and equipment 839 395
Pipeline assets obtained in exchange for other non-current liabilities 0 84
Non-cash financing activities:    
Paid-in-kind dividends on Convertible Preferred Stock 5,735 3,862
Accrued liabilities for equity issuance costs 50 0
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 0 $ 16