7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 
      
    		                                
      revenues
    		                                
      operating expenses:
    		                                
      general and administrative expense
    		66,105,000 44,942,000 40,104,000 43,598,000 33,902,000 32,505,000 26,273,000 32,128,000 26,795,000 26,271,000 7,308,250 14,616,000 11,293,000 3,323,000 2,710,000 2,937,000 6,533,000 1,369,000 4,145,500 5,069,000 4,700,000  2,601,250 3,579,000 -5,076,000        
      development expense
    		2,881,000 307,000 956,000 2,386,000 2,409,000 2,509,000 2,926,000 1,083,000 418,000 464,000 231,000 1,133,000 1,193,000 1,545,000                   
      depreciation and amortization expense
    		2,977,000 3,149,000                               
      other
    		 3,518,000 -102,000 1,719,000 -1,066,000 455,000 1,410,250 5,682,000 192,000 130,000 65,000 65,000 20,000 1,000     -1,000 -1,000  -17,000 -195,000 -7,000 94,000 176,000 -83,000  3,000    
      total operating expenses
    		71,963,000 51,916,000 44,268,000 49,156,000 39,534,000 38,117,000 32,146,000 35,835,000 27,576,000 27,110,000 20,435,000 16,089,000 12,818,000 5,134,000 7,853,000 3,220,000 6,812,000 1,621,000 4,003,000 5,557,000 5,211,000 7,241,000 12,519,000 4,413,000 5,581,000 12,488,000 12,140,000 10,979,000 3,616,000 16,280,000 16,435,000 14,290,000 
      total operating income
    		-71,963,000 -51,916,000 -44,268,000 -49,156,000 -39,534,000 -38,117,000 -32,146,000 -35,835,000 -27,576,000 -27,110,000 -20,435,000 -16,089,000 -12,818,000 -5,134,000 -7,853,000 -3,220,000 -6,812,000 -1,621,000 -4,003,000 -5,557,000 -5,211,000 -7,241,000 -12,519,000 -4,413,000 -5,581,000 -12,488,000 -12,140,000 -10,979,000 -3,616,000 -16,280,000 -16,435,000 -14,290,000 
      other income:
    		                                
      derivative gain
    		-74,141,000 -168,700,000 548,335,000 -329,733,000 109,067,000 258,872,000 38,204,000 240,265,000                         
      interest expense
    		-38,632,000                                
      loss on debt extinguishment
    		  -1,741,000  -40,133,000 -7,440,000                           
      other income
    		-20,000 2,593,000                            -42,000  -12,000 
      total other income
    		-112,793,000 -193,312,000 525,711,000 -343,919,000 41,838,000 224,892,000 -223,702,000 217,679,000 -92,713,000 -237,000 1,510,000 -2,708,000 1,906,000 -6,303,000 -170,000 4,442,000 -4,768,000 -2,037,000 1,724,000 -1,621,000 -563,000 8,143,000 -1,362,000 1,185,000 -1,138,000 445,000 542,000 299,000 134,000 80,000 107,000 133,000 
      net income attributable to nextdecade corporation
    		-184,756,000 -245,228,000 481,443,000 -393,075,000 2,304,000 186,775,000 -255,848,000 181,844,000 -120,289,000 -27,347,000 -18,925,000 -18,797,000 -10,912,000 -11,437,000 -8,023,000 1,222,000 -11,580,000  -2,279,000 -7,178,000 -5,774,000 902,000 -13,881,000 -3,228,000 -6,719,000 -12,043,000 -11,598,000 -10,680,000     
      less: net income attributable to non-controlling interest
    		-75,274,000 -156,423,000 415,765,000 -269,876,000 34,880,000 158,429,000 -126,583,000 67,204,000                         
      net income attributable to common stockholders
    		-109,482,000 -88,805,000 65,678,000 -123,199,000 -32,576,000 28,346,000 -129,265,000 107,610,000 -127,043,000 -34,047,000 -25,430,000 -25,045,000 -16,686,000 -17,191,000 -13,318,000 -4,058,000 -15,471,000 -7,549,000 -6,056,000 -10,807,000 -9,304,000 -2,617,000 -17,417,000 -6,363,000 -7,207,000 -17,566,000 -12,873,000 -10,951,000     
      net income per common share — basic and diluted
    		-420 -340                               
      weighted-average shares outstanding — basic and diluted
    		262,581,000                                
      interest expense, net of capitalized interest
    		 -27,205,000 -20,125,000 -15,905,000 -26,030,000 -25,479,000 -17,749,000 -32,536,000                         
      weighted-average shares outstanding — basic
    		 260,405,000                               
      weighted-average shares outstanding — diluted
    		 260,405,000                               
      lease expense
    		  2,594,000 2,559,000 2,603,000 3,019,000 2,896,000 2,582,000 325,000 337,000 311,000 299,000 290,000 219,000                   
      depreciation expense
    		  614,000 613,000 620,000 84,000 51,000 42,000 38,000 38,000 33,000 41,000 42,000 47,000 48,000 43,000 45,000 48,000 50,000 65,000 64,000 16,000 87,000 80,000 43,000 41,000 44,000 50,000 48,000 29,000 28,000 26,000 
      less: preferred stock dividends
    		       7,030,000                         
      net income per common share - basic and diluted
    		  -122.5 -470 -130 110   -840 -230 -180 -190 -130 -140 -110 -30 -130 -60 -50 -90 -80 -20 -160 -60 -70 -160 -120 -100 -30 -150 -160 -140 
      weighted-average shares outstanding - basic and diluted
    		   259,379,000 257,842,000    150,933,000 146,931,000 130,136,000 129,418,000 126,314,000 121,328,000 119,201,000 119,374,000 118,382,000 118,262,000 117,524,000 117,564,000 117,388,000 117,353,000 109,057,000 107,181,000 107,061,000 106,940,000 106,564,000 106,639,000 106,398,000 106,388,000 100,926,000 103,870,000 
      loss on common stock warrant liabilities
    		     -1,516,000    -367,000    -6,304,000           -1,641,000 -197,000       
      weighted-average shares outstanding - basic
    		     256,707,000  222,466,000                         
      weighted-average shares outstanding - diluted
    		     266,886,000  226,336,000                         
      operating expenses
    		                                
      gain on common stock warrant liabilities
    		      -630,000 3,302,000   -1,798,000 -2,773,000 1,886,000  -170,000 4,442,000 -4,768,000 -2,038,000 1,723,000 -1,627,000 -565,000 8,339,000 -1,692,000 873,000   81,000 83,000     
      interest income
    		      332,250 966,000          1,000 2,000 7,000 2,000 233,000 525,000 319,000 409,000 466,000 544,000 222,000 131,000 122,000 107,000 145,000 
      net income per common share - basic
    		      -77.5 480                         
      net income per common share - diluted
    		      -77.5 480                         
      gain on common stock warrant liabilities
    		        -5,455,000                        
      derivative loss
    		        -87,450,000                        
      preferred stock dividends
    		        -6,754,000 -6,700,000 -6,505,000 -6,248,000 -5,774,000 -5,754,000 -5,279,000 -5,264,000 -3,876,000 -3,875,000 -3,762,000 -3,613,000 -3,509,000 -3,443,000 -3,343,000 -2,849,000  -4,972,000       
      deemed dividends on series a convertible preferred stock
    		              -16,000 -16,000 -15,000 -16,000 -15,000 -16,000 -21,000 -76,000 -193,000 -286,000 -488,000 -551,000 -1,093,000 271,000     
      land option and lease expense
    		              169,500 240,000 234,000 204,000 320,250 423,000 447,000  437,500 754,000 451,000        
      loss on redemption of investment securities
    		                     -412,000           
      net ( loss) income attributable to nextdecade corporation
    		                 -3,658,000               
      invitation to bid contract costs
    		                        10,163,000  2,145,000 4,418,000     
      general and administrative expenses
    		                     6,814,000    12,019,000 9,649,000 6,214,000 3,318,000 16,001,000   
      land option and lease expenses
    		                     411,000    428,000 302,000 297,000 250,000 250,000 248,000 250,000 
      operations
    		                                
      comprehensive loss
    		                          -11,598,000 -10,680,000 -3,482,000 -16,200,000 -16,350,000 -14,151,000 
      other comprehensive loss:
    		                                
      change in fair value of investments
    		                              -22,000 6,000 
      net income
    		                            -3,482,000 -16,200,000 -16,328,000 -14,157,000 
      yoy
    		                                
      qoq
    		                            -78.51% -0.78% 15.34%  
      net income margin %
    		                                
      general and administrative
    		                              4,598,000 14,014,000 
      impairment loss on capital projects
    		                                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.