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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net loss attributable to NextDecade Corporation $ (41,146) $ (14,016)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 129 136
Share-based compensation expense (forfeiture) 3,555 (5,571)
Loss on common stock warrant liabilities 7,192 2,363
Amortization of right-of-use assets 522 414
Amortization of other non-current assets 354 1,062
Changes in operating assets and liabilities:    
Prepaid expenses (460) (234)
Accounts payable 294 76
Operating lease liabilities (482) (396)
Accrued expenses and other liabilities 2,081 3,914
Net cash used in operating activities (27,961) (12,252)
Investing activities:    
Acquisition of property, plant and equipment (5,673) (8,390)
Acquisition of other non-current assets (5,343) (4,666)
Net cash used in investing activities (11,016) (13,056)
Financing activities:    
Proceeds from sale of Series C Convertible Preferred Stock 10,500 39,500
Proceeds from sale of common stock 115,000 389
Equity issuance costs (2) (117)
Preferred stock dividends (38) (50)
Shares repurchased related to share-based compensation (2,812) (279)
Net cash provided by financing activities 122,648 39,443
Net increase in cash and cash equivalents 83,671 14,135
Cash and cash equivalents – beginning of period 25,552 22,608
Cash and cash equivalents – end of period 109,223 36,743
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 470 329
Accrued liabilities for acquisition of property, plant and equipment 3,904 996
Pipeline assets obtained in exchange for other non-current liabilities 0 84
Non-cash financing activities:    
Paid-in-kind dividends on Convertible Preferred Stock 17,722 12,965
Accounts payable for equity issuance costs 3,888 148
Accretion of deemed dividends on Series A Convertible Preferred Stock 0 47
Accrued liabilities for equity issuance costs $ 83 $ 35