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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net loss attributable to NextDecade Corporation $ (27,347) $ (11,437)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 38 47
Share-based compensation expense (forfeiture) 1,559 (2,372)
Loss on common stock warrant liabilities 367 6,304
Amortization of right-of-use assets 258 140
Amortization of other non-current assets 0 354
Changes in operating assets and liabilities:    
Prepaid expenses (421) (194)
Accounts payable 815 114
Operating lease liabilities (290) (156)
Accrued expenses and other liabilities 1,836 (2,994)
Net cash used in operating activities (23,185) (10,194)
Investing activities:    
Acquisition of property, plant and equipment (21,528) (1,314)
Acquisition of other non-current assets (1,875) (1,703)
Net cash used in investing activities (23,403) (3,017)
Financing activities:    
Proceeds from sale of Series C Convertible Preferred Stock 0 10,500
Proceeds from sale of common stock 35,000 0
Preferred stock dividends (13) (19)
Shares repurchased related to share-based compensation (47) (464)
Net cash provided by financing activities 34,940 10,017
Net decrease in cash and cash equivalents (11,648) (3,194)
Cash and cash equivalents – beginning of period 62,789 25,552
Cash and cash equivalents – end of period 51,141 22,358
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 72 339
Accrued liabilities for acquisition of property, plant and equipment 15,826 839
Accrued liabilities for acquisition of other non-current assets 140 0
Non-cash financing activities:    
Paid-in-kind dividends on Convertible Preferred Stock 6,686 5,735
Accounts payable for equity issuance costs $ 0 $ 50