Income Statement

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Products $ 1,862,500 $ 1,132,600 $ 3,551,500 $ 1,705,400
Services 555,500 271,400 1,390,000 2,256,200
Licensing 74,500 56,500 143,900 128,100
Total revenue [1] 2,492,500 1,460,500 5,085,400 4,089,700 [2]
Operating expenses:        
Products costs 1,227,700 697,400 2,406,100 1,065,500
Services costs 857,100 534,500 1,508,500 1,631,300
Solid waste costs 53,000 61,700 110,300 165,600
General and administrative expenses 750,200 471,600 1,293,700 968,100
Salaries and related expenses 534,400 591,900 1,039,200 1,250,300
Total operating expenses 3,422,400 2,357,100 6,357,800 5,080,800
Income (Loss) from operations (929,900) (896,600) (1,272,400) (991,100)
Other income (expense):        
Interest expense [1] (529,600) (154,600) (956,500) (199,500) [2]
Other (600) 15,800 (5,900) 28,500
Total non-operating expense, net (530,200) (138,800) (962,400) (171,000)
Net loss from continuing operations (1,460,100) (1,035,400) (2,234,800) (1,162,100)
Discontinued operations, net of tax 123,600 166,900 478,300 340,400
Net loss before earnings from equity method joint ventures (1,336,500) (868,500) (1,756,500) (821,700)
Income from equity method joint ventures   15,700   15,700
Net loss (1,336,500) (852,800) (1,756,500) (806,000)
Less: Net loss attributable to non-controlling interest (40,000) (56,900) (91,200) (139,500)
Net loss attributable to SEER common stockholders $ (1,296,500) $ (795,900) $ (1,665,300) $ (666,500)
Net loss per share from continuing operations (in dollars per share) $ (0.03) $ (0.03) $ (0.04) $ (0.02)
Net loss per share from discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Net income (loss) per share, basic and diluted (in dollars per share) $ (0.02) $ (0.02) $ (0.03) $ (0.01)
Weighted average shares outstanding - basic and diluted (in shares) 54,708,905 54,470,134 54,621,302 54,131,672
[1] Excludes discontinued operations
[2] Includes depreciation of property, equipment and leasehold improvement and amortization of intangibles

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