NextDecade Corp. Files Q1 2024 10-Q Amendment

Ticker: NEXT · Form: 10-Q/A · Filed: 2024-05-13T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q/A, amendment, financials

TL;DR

NextDecade amended its Q1 2024 10-Q. Financials updated.

AI Summary

NextDecade Corp. filed an amended 10-Q for the period ending March 31, 2024. The filing, dated May 13, 2024, provides updated financial information for the first quarter of 2024. The company, previously known as Harmony Merger Corp., is involved in natural gas transmission and distribution.

Why It Matters

This amended filing provides updated financial disclosures for NextDecade Corp.'s first quarter of 2024, which is crucial for investors and analysts to assess the company's current financial health and performance.

Risk Assessment

Risk Level: low — This is a routine amendment to a quarterly filing, not indicating new material adverse events.

Key Players & Entities

FAQ

What is the filing type and period of report for this document?

The filing type is a 10-Q/A (amended quarterly report), and the period of report is March 31, 2024.

When was this amended filing submitted to the SEC?

This amended filing was submitted on May 13, 2024.

What was NextDecade Corp.'s former name?

NextDecade Corp.'s former name was Harmony Merger Corp., with a name change date of July 3, 2014.

What is NextDecade Corp.'s primary industry classification?

NextDecade Corp. is classified under NATURAL GAS TRANSMISSION & DISTRIBUTION [4923].

What is the business address of NextDecade Corp.?

The business address is 1000 LOUISIANA STREET, SUITE 3900, HOUSTON, TX 77002.

From the Filing

0001628280-24-022756.txt : 20240513 0001628280-24-022756.hdr.sgml : 20240513 20240513070226 ACCESSION NUMBER: 0001628280-24-022756 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NextDecade Corp. CENTRAL INDEX KEY: 0001612720 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 465723951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36842 FILM NUMBER: 24936839 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135741880 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3900 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: Harmony Merger Corp. DATE OF NAME CHANGE: 20140703 10-Q/A 1 next-20240331.htm 10-Q/A next-20240331 0001612720 --12-31 Q1 2024 true 2 xbrli:shares iso4217:USD iso4217:USD xbrli:shares next:train utr:t xbrli:pure next:renewal_period utr:D 0001612720 2024-01-01 2024-03-31 0001612720 2024-05-03 0001612720 2024-03-31 0001612720 2023-12-31 0001612720 2023-01-01 2023-03-31 0001612720 2022-12-31 0001612720 us-gaap:CommonStockMember 2023-12-31 0001612720 us-gaap:CommonStockMember 2022-12-31 0001612720 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001612720 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001612720 us-gaap:CommonStockMember 2024-03-31 0001612720 us-gaap:CommonStockMember 2023-03-31 0001612720 us-gaap:TreasuryStockCommonMember 2023-12-31 0001612720 us-gaap:TreasuryStockCommonMember 2022-12-31 0001612720 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001612720 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0001612720 us-gaap:TreasuryStockCommonMember 2024-03-31 0001612720 us-gaap:TreasuryStockCommonMember 2023-03-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001612720 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001612720 us-gaap:RetainedEarningsMember 2023-12-31 0001612720 us-gaap:RetainedEarningsMember 2022-12-31 0001612720 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001612720 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001612720 us-gaap:RetainedEarningsMember 2024-03-31 0001612720 us-gaap:RetainedEarningsMember 2023-03-31 0001612720 2023-03-31 0001612720 us-gaap:NoncontrollingInterestMember 2023-12-31 0001612720 us-gaap:NoncontrollingInterestMember 2022-12-31 0001612720 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001612720 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0001612720 us-gaap:NoncontrollingInterestMember 2024-03-31 0001612720 us-gaap:NoncontrollingInterestMember 2023-03-31 0001612720 us-gaap:PreferredStockMember 2023-12-31 0001612720 us-gaap:PreferredStockMember 2022-12-31 0001612720 us-gaap:PreferredStockMember 2024-01-01 2024-03-31 0001612720 us-gaap:PreferredStockMember 2023-01-01 2023-03-31 0001612720 us-gaap:PreferredStockMember 2023-03-31 0001612720 next:RioGrandeLiquefiedNaturalGasFacilityMember 2024-03-31 0001612720 us-gaap:RevolvingCreditFacilityMember 2024-03-31 0001612720 us-gaap:OilAndGasPropertiesMember 2024-03-31 0001612720 us-gaap:OilAndGasPropertiesMember 2023-12-31 0001612720 us-gaap:CorporateAndOtherMember 2024-03-31 0001612720 us-gaap:CorporateAndOtherMember 2023-12-31 0001612720 us-gaap:InterestRateSwapMember next:RioGrandeMember 2024-03-31 0001612720 us-gaap:InterestRateSwapMember srt:MaximumMember next:RioGrandeMember 2024-03-31 0001612720 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member 2

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