10-Q Filing

NEXTDECADE CORP CIK: 1612720 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-008148`
Period End Date	20150930
Filing Date	20151103
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	hrmn-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 21 Cash Flow Statement 43 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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$379.94K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.34K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	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
Deferred offering costs	`DeferredOfferingCosts`	$115.77K	USD	Point-in-time
Common stock shares subject to possible conversion	`CommonStockSharesSubjectToPossibleConversion`	10.59M	shares	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
Prepaid expenses	`PrepaidExpenseCurrent`	$100.15K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total current assets:	`AssetsCurrent`	$116.89K	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
Total current assets:	`AssetsCurrent`	$480.09K	USD	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.03M	shares	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.50M	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`	3.03M	shares	Point-in-time
Total assets:	`Assets`	$116.89K	USD	Point-in-time
Total assets:	`Assets`	$117.89M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.26K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Offering Costs Payable	`OfferingCostsPayable`	$43.21K	USD	Point-in-time
Offering Costs Payable	`OfferingCostsPayable`	-	USD	Point-in-time
Note payable to stockholder	`NotesPayableCurrent`	-	USD	Point-in-time
Note payable to stockholder	`NotesPayableCurrent`	$50.00K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$93.21K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$17.26K	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`	$4.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$93.21K	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 September 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 September 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`	$-191.64K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.68K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$116.89K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$117.89M	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
General and administrative costs	`GeneralAndAdministrativeExpense`	$74.82K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$-1.12K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$151.41K	USD	3 Qtrs
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$37.50K	USD	1 Quarter
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$78.63K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-230.04K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$1.12K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-112.32K	USD	1 Quarter
Interest Income	`InterestIncomeExpenseNet`	$22.57K	USD	1 Quarter
Interest Income	`InterestIncomeExpenseNet`	$30.00	USD	1 Quarter
Interest Income	`InterestIncomeExpenseNet`	$39.73K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-89.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.32K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.91M	shares	3 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.64M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.50M	shares	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	3 Qtrs

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-89.74K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-190.32K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	$-39.35K	USD	3 Qtrs
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$166.52K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.26K	USD	3 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-378.94K	USD	3 Qtrs
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.09K	USD	1 Quarter
Investment in cash, cash equivalents and securities in trust account	`PaymentsForProceedsFromInvestments`	-	USD	1 Quarter
Investment in cash, cash equivalents and securities in trust account	`PaymentsForProceedsFromInvestments`	$117.30M	USD	3 Qtrs
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.30M	USD	3 Qtrs
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Payment of offering costs	`PaymentOfOfferingCosts`	$82.91K	USD	3 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	-	USD	1 Quarter
Payment of deferred offering costs associated with initial public offering	`PaymentsForRepurchaseOfInitialPublicOffering`	$67.56K	USD	1 Quarter
Payment of deferred offering costs associated with initial public offering	`PaymentsForRepurchaseOfInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from note payable, stockholder	`ProceedsFromNotesPayable`	$50.00K	USD	1 Quarter
Proceeds from note payable, stockholder	`ProceedsFromNotesPayable`	$-50.00K	USD	3 Qtrs
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	1 Quarter
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$112.61M	USD	3 Qtrs
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	$5.58M	USD	3 Qtrs
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$118.06M	USD	3 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$7.44K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.34K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$378.82K	USD	3 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`	$379.94K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.34K	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`	$379.94K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.34K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	-	USD	1 Quarter
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	$4.33M	USD	3 Qtrs
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	$30.80K	USD	1 Quarter
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	-	USD	3 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$5.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time
Sale of 11,500,000 units	`StockIssuedDuringPeriodValueNewIssues`	$115.00M	USD	3 Qtrs
Underwriters discount and offering expenses	`UnderwritersDiscountAndOfferingExpenses`	$-6.87M	USD	3 Qtrs
Sale of 558,500 private units	`StockIssuedDuringPeriodValueOther`	$5.58M	USD	3 Qtrs
Net proceeds subject to possible conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-107.97M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-89.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.32K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.09K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$5.57M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time

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