Financial insights of NEXT

MyFinsight

For the quarter ending 2025-09-30.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenues	0	0	-	-
General and administrative expense	66,105,000	52,049,000	44,942,000	36,304,500
Lease expense	-	-	-	2,806,500
Depreciation expense	-	-	-	349,000
Development expense	2,881,000	1,248,000	307,000	1,732,500
Depreciation and amortization expense	2,977,000	2,971,000	3,149,000	-
Other	0	0	3,518,000	-
Total operating expenses	71,963,000	56,268,000	51,916,000	41,192,500
Total operating loss	-71,963,000	-56,268,000	-51,916,000	-41,192,500
Derivative (loss) gain	-74,141,000	25,157,000	-168,700,000	403,603,500
Interest expense, net	38,632,000	28,833,000	27,205,000	22,802,000
Loss on debt extinguishment	0	-9,160,000	-	-3,060,333.333
Other (expense) income, net	-20,000	-1,528,000	2,593,000	-909,500
Total other expense	-112,793,000	-14,364,000	-193,312,000	375,301,500
Net loss attributable to nextdecade corporation	-184,756,000	-70,632,000	-245,228,000	334,109,000
Less net loss attributable to non-controlling interest	-75,274,000	-9,765,000	-156,423,000	287,097,000
Net loss attributable to common stockholders	-109,482,000	-60,867,000	-88,805,000	47,012,000

Net loss per common share - basic (in usd per share)	-0.42	-0.23	-0.34	0.18
Net loss per common share - diluted (in usd per share)	-0.42	-0.23	-0.34	0.18
Weighted average shares outstanding - basic (in shares)	262,581,000	260,877,000	260,405,000	-129,343,000
Weighted average shares outstanding - diluted (in shares)	262,581,000	260,877,000	260,405,000	-129,343,000