10-K Filing

NEXTDECADE CORP CIK: 1612720 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001213900-17-002160`
Period End Date	20161231
Filing Date	20170310
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	hrmn-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 21 Cash Flow Statement 65 Stockholders Equity 17

Balance Sheet 58 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$324.99K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.86K	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
Prepaid expenses	`PrepaidExpenseCurrent`	$20.41K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$46.69K	USD	Point-in-time
Common stock shares subject to possible conversion	`CommonStockSharesSubjectToPossibleConversion`	10.57M	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
Total current assets:	`AssetsCurrent`	$44.28K	USD	Point-in-time
Total current assets:	`AssetsCurrent`	$371.68K	USD	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.51M	USD	Point-in-time
Cash, cash equivalents and securities held in Trust	`CashCashEquivalentsAndSecuritiesHeldInTrust`	$117.37M	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`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.51M	shares	Point-in-time
Prepaid expenses - long term	`PrepaidExpenseCurrentAndNoncurrent`	$66.37K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.50M	shares	Point-in-time
Total assets:	`Assets`	$117.81M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.50M	shares	Point-in-time
Total assets:	`Assets`	$117.55M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.51M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$130.90K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$17.26K	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$130.90K	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
Note payable to stockholder	`LongTermNotesPayable`	$60.00K	USD	Point-in-time
Note payable to stockholder	`LongTermNotesPayable`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$4.52M	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 (10,573,050 and 10,585,784 shares at conversion value) as of December 31, 2016 and December 31, 2015 respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$108.04M	USD	Point-in-time
Common Stock, subject to possible conversion (10,573,050 and 10,585,784 shares at conversion value) as of December 31, 2016 and December 31, 2015 respectively.	`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, 4,511,700 issued and outstanding at December 31, 2016 and 4,498,966 at December 31, 2015 (excluding 10,573,050 and 10,585,784 respectively that are shares subject to possible conversion at December 31, 2016 and December 31, 2015).	`CommonStockValue`	$450.00	USD	Point-in-time
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,511,700 issued and outstanding at December 31, 2016 and 4,498,966 at December 31, 2015 (excluding 10,573,050 and 10,585,784 respectively that are shares subject to possible conversion at December 31, 2016 and December 31, 2015).	`CommonStockValue`	$451.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-699.21K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-264.51K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.68K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.00M	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`	$117.55M	USD	Point-in-time

Income Statement 21 line items

Line Item	Tag	Value	Unit	Period
General and administrative costs	`GeneralAndAdministrativeExpense`	$222.40K	USD	Annual
General and administrative costs	`GeneralAndAdministrativeExpense`	$1.32K	USD	2 Qtrs
General and administrative costs	`GeneralAndAdministrativeExpense`	$539.57K	USD	Annual
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	-	USD	2 Qtrs
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$150.00K	USD	Annual
General and administrative costs - related party	`OtherGeneralAndAdministrativeExpense`	$116.13K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-689.57K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-1.32K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-338.53K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$75.34K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$254.87K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$1.00	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-263.19K	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.32K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-434.70K	USD	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.06M	shares	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.50M	shares	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.64M	shares	2 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	Annual
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	Annual

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-263.19K	USD	Annual
Net Loss	`NetIncomeLoss`	$-1.32K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-434.70K	USD	Annual
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	-	USD	2 Qtrs
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	$-254.73K	USD	Annual
Interest earned on cash and securities in trust	`InterestEarnedOnCashAndSecuritiesInTrust`	$-74.89K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$113.06K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-92.64K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.26K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$113.64K	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-483.14K	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.32K	USD	2 Qtrs
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-433.88K	USD	Annual
Withdrawal of Trust funds to pay taxes	`ProceedsFromTrustFundsToPayTaxes`	-	USD	Annual
Withdrawal of Trust funds to pay taxes	`ProceedsFromTrustFundsToPayTaxes`	$122.02K	USD	Annual
Withdrawal of Trust funds to pay taxes	`ProceedsFromTrustFundsToPayTaxes`	-	USD	2 Qtrs
Investment in cash, cash equivalents and securities in Trust Account	`PaymentsForProceedsFromInvestments`	-	USD	Annual
Investment in cash, cash equivalents and securities in Trust Account	`PaymentsForProceedsFromInvestments`	-	USD	2 Qtrs
Investment in cash, cash equivalents and securities in Trust Account	`PaymentsForProceedsFromInvestments`	$117.30M	USD	Annual
Net cash provided by (used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$122.02K	USD	Annual
Net cash provided by (used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.30M	USD	Annual
Net cash provided by (used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	$82.91K	USD	Annual
Payment of offering costs	`PaymentOfOfferingCosts`	-	USD	Annual
Payment of offering costs	`PaymentOfOfferingCosts`	-	USD	2 Qtrs
Payment of deferred offering costs associated with initial public offering	`PaymentsForRepurchaseOfInitialPublicOffering`	-	USD	Annual
Payment of deferred offering costs associated with initial public offering	`PaymentsForRepurchaseOfInitialPublicOffering`	-	USD	Annual
Payment of deferred offering costs associated with initial public offering	`PaymentsForRepurchaseOfInitialPublicOffering`	$72.56K	USD	2 Qtrs
Note payable to stockholder	`ProceedsFromNotesPayable`	$-50.00K	USD	Annual
Note payable to stockholder	`ProceedsFromNotesPayable`	$50.00K	USD	2 Qtrs
Note payable to stockholder	`ProceedsFromNotesPayable`	$60.00K	USD	Annual
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of shares of common stock to initial stockholders	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	2 Qtrs
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Proceeds from Public Offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$112.61M	USD	Annual
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	2 Qtrs
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	Annual
Proceeds from Insider Units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	$5.58M	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$60.00K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.44K	USD	2 Qtrs
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$118.06M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.11K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$323.88K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-301.13K	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11K	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`	$23.86K	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`	$324.99K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.86K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	$4.33M	USD	Annual
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	-	USD	Annual
Accrual of deferred underwriting fee	`AccrualOfDeferredUnderwritingFee`	-	USD	2 Qtrs
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	-	USD	Annual
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	-	USD	Annual
Accrual of deferred offering costs	`AccrualDeferredUnderwritingFee`	$43.21K	USD	2 Qtrs
Change in value of ordinary shares subject to possible conversion	`ChangeInValueOfOrdinarySharesSubjectPossibleConversion`	-	USD	Annual
Change in value of ordinary shares subject to possible conversion	`ChangeInValueOfOrdinarySharesSubjectPossibleConversion`	-	USD	2 Qtrs
Change in value of ordinary shares subject to possible conversion	`ChangeInValueOfOrdinarySharesSubjectPossibleConversion`	$-7.95K	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$5.43M	USD	Point-in-time
Common shares issued to initial stockholders	`StockIssuedDuringPeriodValueIssuedForServices`	$25.00K	USD	2 Qtrs
Sale of 11,500,000 units	`StockIssuedDuringPeriodValueNewIssues`	$115.00M	USD	Annual
Underwriters discount and offering expenses	`UnderwritersDiscountAndOfferingExpenses`	$-6.87M	USD	Annual
Sale of 558,500 private units	`StockIssuedDuringPeriodValueOther`	$5.58M	USD	Annual
Net proceeds subject to possible conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-108.04M	USD	Annual
Change in common stock subject to possible conversion	`StockholdersEquityOther`	$7.95K	USD	Annual
Net loss	`NetIncomeLoss`	$-263.19K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.32K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-434.70K	USD	Annual
Ending Balance	`StockholdersEquity`	$23.68K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$5.43M	USD	Point-in-time

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