Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes

Schedule of effective income tax rate reconciliation

The reconciliation of the federal statutory income tax rate to our effective income tax rate is as follows:

	Year Ended
	December 31,
	2018		2017
U.S. federal statutory rate, beginning of year	21	%	35	%
NextDecade LLC pre-merger net loss	—		(5)
Officers' compensation	(5)		(12)
U.S. tax reform rate change	—		(7)
Other	(1)		—
Valuation allowance	(15)		(11)
Effective tax rate as reported	—	%	—	%

Schedule of components of deferred tax assets and liabilities

Significant components of our deferred tax assets and liabilities at December 31, 2018 and 2017 are as follows (in thousands):

	Year Ended
	December 31,
	2018		2017
Deferred tax assets
Net operating loss carryforwards and credits	$	5,302	$	1,694
Share-based compensation expense		3,548		2,203
Property, plant and equipment		1,399		3
Other		51		11
Less: valuation allowance		(10,300)		(3,911)
Total deferred tax assets		—		—
Deferred tax liabilities
Total deferred tax liabilities		—		—
Net deferred tax assets (liabilities)	$	—	$	—