10-Q Filing

NEXTDECADE CORP CIK: 1612720 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-006025`
Period End Date	20150630
Filing Date	20150813
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	hrmn-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 21 Cash Flow Statement 40 Stockholders Equity 11

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.09K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.96K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock shares subject to possible conversion	`CommonStockSharesSubjectToPossibleConversion`	10.59M	shares	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$115.77K	USD	Point-in-time
Common stock shares subject to possible conversion	`CommonStockSharesSubjectToPossibleConversion`	10.59M	shares	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$154.48K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets:	`AssetsCurrent`	$116.89K	USD	Point-in-time
Total current assets:	`AssetsCurrent`	$633.57K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	27.50M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	27.50M	shares	Point-in-time
Cash, cash equivalents and securities held in trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.32M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.03M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.50M	shares	Point-in-time
Cash, cash equivalents and securities held in trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.03M	shares	Point-in-time
Prepaid expenses - long term	`PrepaidExpenseCurrentAndNoncurrent`	$66.37K	USD	Point-in-time
Prepaid expenses - long term	`PrepaidExpenseCurrentAndNoncurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.50M	shares	Point-in-time
Total assets:	`Assets`	$118.02M	USD	Point-in-time
Total assets:	`Assets`	$116.89K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$58.51K	USD	Point-in-time
Offering Costs Payable	`OfferingCostsPayable`	-	USD	Point-in-time
Offering Costs Payable	`OfferingCostsPayable`	$43.21K	USD	Point-in-time
Note payable to stockholder	`NotesPayableCurrent`	$50.00K	USD	Point-in-time
Note payable to stockholder	`NotesPayableCurrent`	-	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$58.51K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$93.21K	USD	Point-in-time
Deferred Underwriters Fee	`DeferredUnderwritersFee`	-	USD	Point-in-time
Deferred Underwriters Fee	`DeferredUnderwritersFee`	$4.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$93.21K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.38M	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, subject to possible conversion (10,585,784 shares at conversion value)	`CommonStockSubjectToPossibleConversion`	$107.97M	USD	Point-in-time
Common Stock, subject to possible conversion (10,585,784 shares at conversion value)	`CommonStockSubjectToPossibleConversion`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 1,000,000 authorized, 0 outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 1,000,000 authorized, 0 outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,498,966 issued and outstanding at June 30, 2015 (excluding 10,585,784 shares subject to possible conversion) and 3,026,250 issued and outstanding at December 31, 2014.	`CommonStockValue`	$303.00	USD	Point-in-time
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,498,966 issued and outstanding at June 30, 2015 (excluding 10,585,784 shares subject to possible conversion) and 3,026,250 issued and outstanding at December 31, 2014.	`CommonStockValue`	$450.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.70K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.32K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-101.90K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.68K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$118.02M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$116.89K	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
General and administrative costs	`GeneralAndAdministrativeExpense`	$72.01K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$76.60K	USD	2 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$542.00	USD	Point-in-time
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$41.13K	USD	2 Qtrs
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$37.50K	USD	1 Quarter
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	-	USD	Point-in-time
Operating loss	`OperatingIncomeLoss`	$-542.00	USD	Point-in-time
Operating loss	`OperatingIncomeLoss`	$-109.51K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-117.73K	USD	2 Qtrs
Interest Income	`InterestIncomeExpenseNet`	$17.15K	USD	2 Qtrs
Interest Income	`InterestIncomeExpenseNet`	-	USD	Point-in-time
Interest Income	`InterestIncomeExpenseNet`	$17.13K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.38K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-100.58K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-542.00	USD	Point-in-time
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.62M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.64M	shares	Point-in-time
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.50M	shares	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	2 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	Point-in-time
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-92.38K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-100.58K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-542.00	USD	Point-in-time
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	-	USD	Point-in-time
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	$-16.86K	USD	2 Qtrs
Deferred offering costs associated with initial public offering	`DeferredOfferingCostsInInitialPublicOffering`	$-22.50K	USD	Point-in-time
Deferred offering costs associated with initial public offering	`DeferredOfferingCostsInInitialPublicOffering`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Point-in-time
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$220.86K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$58.51K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	Point-in-time
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.04K	USD	Point-in-time
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-279.79K	USD	2 Qtrs
Investment in cash, cash equivalents and securities in trust account	`PaymentsForProceedsFromInvestments`	$117.30M	USD	2 Qtrs
Investment in cash, cash equivalents and securities in trust account	`PaymentsForProceedsFromInvestments`	-	USD	Point-in-time
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Point-in-time
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.30M	USD	2 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	$82.91K	USD	2 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	-	USD	Point-in-time
Payment of note to stockholder	`PaymentOfNoteToStockholder`	$50.00K	USD	2 Qtrs
Payment of note to stockholder	`PaymentOfNoteToStockholder`	-	USD	Point-in-time
Cash received from initial stockholder	`CashReceivedFromInitialStockholder`	-	USD	2 Qtrs
Cash received from initial stockholder	`CashReceivedFromInitialStockholder`	$75.00K	USD	Point-in-time
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$112.61M	USD	2 Qtrs
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	$5.58M	USD	2 Qtrs
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	Point-in-time
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$75.00K	USD	Point-in-time
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$118.06M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$51.96K	USD	Point-in-time
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$477.97K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$479.09K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$51.96K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$479.09K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$51.96K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	-	USD	Point-in-time
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	$4.33M	USD	2 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$5.66M	USD	Point-in-time
Sale of 11,500,000 units	`StockIssuedDuringPeriodValueNewIssues`	$115.00M	USD	2 Qtrs
Underwriters discount and offering expenses	`UnderwritersDiscountAndOfferingExpenses`	$-6.87M	USD	2 Qtrs
Sale of 558,500 private units	`StockIssuedDuringPeriodValueOther`	$5.58M	USD	2 Qtrs
Net proceeds subject to possible conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-107.97M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-92.38K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-100.58K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-542.00	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$5.66M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.