Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 1,338,500 $ 1,686,500 $ 4,192,000 $ 6,011,100
Operating expenses:        
General and administrative expenses 465,700 433,300 1,548,300 1,576,700
Salaries and related expenses 416,400 540,600 1,267,100 1,536,000
Total operating expenses 2,006,200 2,457,900 6,343,500 7,683,300
Loss from operations (667,700) (771,400) (2,151,500) (1,672,200)
Other income (expense):        
Interest income 9,800 21,700
Interest expense (185,600) (453,000) (447,800) (1,432,600)
Gain on debt extinguishment 128,000 128,000
Other 337,300 (400) 503,700 38,900
Total non-operating expense, net 151,700 (325,400) 65,700 (1,244,000)
Loss from continuing operations (516,000) (1,096,800) (2,085,800) (2,916,200)
Gain on sale of rail operations 41,000
Discontinued operations, net of tax 41,000
Less: Net loss attributable to non-controlling interest (36,000) (24,400) (103,400) (45,200)
Net loss attributable to SEER common stockholders $ (480,000) $ (1,072,400) $ (1,982,400) $ (2,830,000)
Net loss from continuing operations $ (0.01) $ (0.02) $ (0.03) $ (0.05)
Discontinued operations
Net loss per share, basic and diluted $ (0.01) $ (0.02) $ (0.03) $ (0.05)
Weighted average shares outstanding - basic and diluted 62,152,488 60,285,314 61,987,641 58,474,271
Products [Member]        
Revenue:        
Total revenue $ 953,300 $ 797,400 $ 2,934,000 $ 3,216,600
Operating expenses:        
Costs 499,400 652,200 1,711,300 2,120,000
Services [Member]        
Revenue:        
Total revenue 327,000 795,500 1,052,400 2,515,500
Operating expenses:        
Costs 615,000 827,800 1,770,400 2,420,900
Solid Waste [Member]        
Revenue:        
Total revenue 58,200 93,600 205,600 279,000
Operating expenses:        
Costs $ 9,700 $ 4,000 $ 46,400 $ 29,700