NASDAQ·Natural Gas Transmisison & Distribution

NextDecade Corp

NextDecade Corp (ticker: NEXT) is an NASDAQ-listed natural gas transmisison & distribution company. DredgeCap's structured extraction of NEXT's SEC filings surfaces 7 active risk signals, including 4 late-filing signals, 2 delisting/deregistration signals, and 1 auditor-change signal. NEXT reported $0 in revenue and -$195.04M for the period ending 2026-03-31, with operating cash flow of -$110.83M. Cash and equivalents stood at $143.12M (up 9.3% year-over-year). Total assets of $13.23B exceed total liabilities of $10.87B. Each signal on this page is sourced verbatim from the underlying SEC filing. Use the tabs above to drill into auditor history, going-concern citations, dilution mechanics, cash runway, and the full risk-flag inventory.

NEXT Cash Runway

Months-of-runway analysis for NEXT, derived directly from SEC XBRL: latest cash and operating cash flow, monthly burn rate, runway under current conditions. Historical trend + verbatim citation panel ships in Phase 2.

Coming in Phase 2

The dedicated per-ticker cash-runway page will surface a 6-8 quarter trend with the underlying us-gaap:CashAndCashEquivalentsAtCarryingValue + us-gaap:NetCashProvidedByUsedInOperatingActivities citations alongside each data point. In the meantime, see the ranked cross-company view:

All companies ranked by months-of-runway →

Related on NEXT

Share-count dilution →

Dilution is the natural counterpart to runway burn.

Going-concern history →

Auditor + management language across filings.