Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Products $ 1,749,100 $ 965,500 $ 3,454,500 $ 2,796,000
Services 1,045,400 1,891,200 5,277,900 6,461,700
Solid waste 42,000 111,500 170,100 183,400
Total revenue 2,836,500 2,968,200 8,902,500 9,441,100
Operating expenses:        
Products costs 1,323,100 674,600 2,388,600 1,929,300
Services costs 1,193,100 1,423,800 4,254,400 5,030,900
Solid waste costs 79,800 194,900 245,400 490,400
General and administrative expenses 532,200 668,800 1,582,800 2,093,500
Salaries and related expenses 445,700 685,600 1,817,900 2,012,600
Total operating expenses 3,573,900 3,647,700 10,289,100 11,556,700
Income (loss) from operations (737,400) (679,500) (1,386,600) (2,115,600)
Other income (expense):        
Interest expense (56,000) (5,500) (258,300) (45,000)
Gain on debt settlement   42,400   42,400
Loss contingency (48,000)   (48,000)  
Other (32,400) (1,900) (2,600) 1,000
Total non-operating expense, net (136,400) 35,000 (308,900) (1,600)
Net loss before earnings from equity method joint ventures (873,800) (644,500) (1,695,500) (2,117,200)
Income from equity method joint ventures     15,700  
Net income (loss) (873,800) (644,500) (1,679,800) (2,117,200)
Less: Net loss attributable to non-controlling interest (83,600) (107,700) (223,100) (380,500)
Net income (loss) attributable to SEER common stockholders $ (790,200) $ (536,800) $ (1,456,700) $ (1,736,700)
Net loss per share, basic and diluted (in dollars per share) $ (0.02) $ (0.01) $ (0.03) $ (0.04)
Weighted average shares outstanding - basic and diluted (in shares) 54,525,079 52,362,015 54,263,765 52,304,573