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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net loss attributable to NextDecade Corporation $ (147,636) $ (22,349)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 75 89
Share-based compensation expense 12,340 515
Loss on common stock warrant liabilities 5,822 4,418
Derivative loss 87,450 0
Amortization of right-of-use assets 523 330
Amortization of other non-current assets 0 354
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (51) (166)
Accounts payable 309 432
Operating lease liabilities (593) (266)
Accrued expenses and other liabilities 557 (832)
Net cash used in operating activities (41,204) (17,475)
Investing activities:    
Acquisition of property, plant and equipment (52,953) (2,602)
Acquisition of other non-current assets (3,518) (3,608)
Net cash used in investing activities (56,471) (6,210)
Financing activities:    
Proceeds from sale of Series C Convertible Preferred Stock 0 10,500
Proceeds from sale of common stock 75,000 30,000
Equity issuance costs 0 (76)
Preferred stock dividends (32) (39)
Shares repurchased related to share-based compensation (70) (1,752)
Net cash provided by financing activities 74,898 38,633
Net (decrease) increase in cash and cash equivalents (22,777) 14,948
Cash and cash equivalents – beginning of period 62,789 25,552
Cash and cash equivalents – end of period 40,012 40,500
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 7,066 777
Accrued liabilities for acquisition of property, plant and equipment 0 1,227
Accrued liabilities for acquisition of other non-current assets 457 0
Non-cash financing activities:    
Paid-in-kind dividends on Convertible Preferred Stock 13,421 11,490
Accounts payable for debt and equity issuance costs 4,473 0
Accrued liabilities for debt and equity issuance costs $ 7,627 $ 9