10-Q Filing

NEXTDECADE CORP CIK: 1612720 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-16-013671`
Period End Date	20160331
Filing Date	20160520
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	hrmn-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 16 Cash Flow Statement 37

Balance Sheet 53 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`	$878.68K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$324.99K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.42K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Common stock shares subject to possible conversion	`CommonStockSharesSubjectToPossibleConversion`	10.59M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$48.55K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$46.69K	USD	Point-in-time
Total current assets:	`AssetsCurrent`	$205.98K	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`	$371.68K	USD	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.37M	USD	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.42M	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
Prepaid expenses - long term	`PrepaidExpenseCurrentAndNoncurrent`	$66.37K	USD	Point-in-time
Prepaid expenses - long term	`PrepaidExpenseCurrentAndNoncurrent`	$65.76K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.50M	shares	Point-in-time
Total assets:	`Assets`	$117.69M	USD	Point-in-time
Total assets:	`Assets`	$117.81M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.26K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$53.19K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$53.19K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$17.26K	USD	Point-in-time
Deferred Underwriters Fee	`DeferredUnderwritersFee`	$4.33M	USD	Point-in-time
Deferred Underwriters Fee	`DeferredUnderwritersFee`	$4.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.34M	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)	`TemporaryEquityCarryingAmountAttributableToParent`	$108.09M	USD	Point-in-time
Common Stock, subject to possible conversion (10,585,784 shares at conversion value)	`TemporaryEquityCarryingAmountAttributableToParent`	$108.04M	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 March 31, 2016 (excluding 10,585,784 shares subject to possible conversion) and 4,498,966 issued and outstanding at December 31, 2015.	`CommonStockValue`	$450.00	USD	Point-in-time
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,498,966 issued and outstanding at March 31, 2016 (excluding 10,585,784 shares subject to possible conversion) and 4,498,966 issued and outstanding at December 31, 2015.	`CommonStockValue`	$450.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-420.71K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-264.51K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.43M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$117.81M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$117.69M	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
General and administrative costs	`GeneralAndAdministrativeExpense`	$164.80K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$8.22K	USD	1 Quarter
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$37.50K	USD	1 Quarter
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.22K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-202.30K	USD	1 Quarter
Interest Income	`InterestIncomeExpenseNet`	$24.00	USD	1 Quarter
Interest Income	`InterestIncomeExpenseNet`	$46.10K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-156.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.32K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-263.19K	USD	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.73M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.50M	shares	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter

Cash Flow Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-8.19K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-156.21K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-1.32K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-263.19K	USD	Annual
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	-	USD	1 Quarter
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	$-46.05K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$119.34K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.25K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$81.98K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$35.93K	USD	1 Quarter
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-45.56K	USD	1 Quarter
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-167.57K	USD	1 Quarter
Investment in cash, cash equivalents and securities in Trust Account	`PaymentsForProceedsFromInvestments`	$117.30M	USD	1 Quarter
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.30M	USD	1 Quarter
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Payment of offering costs	`PaymentOfOfferingCosts`	$43.21K	USD	1 Quarter
Payment of offering costs	`PaymentOfOfferingCosts`	-	USD	1 Quarter
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	$75.67K	USD	1 Quarter
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$112.61M	USD	1 Quarter
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	1 Quarter
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	$5.58M	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$118.22M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.57K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$877.57K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$878.68K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$324.99K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.42K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$878.68K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$324.99K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.42K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	$-4.33M	USD	1 Quarter
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	-	USD	1 Quarter

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