Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Products $ 1,061,400 $ 1,159,300 $ 1,581,500 $ 2,060,900
Services 3,135,600 1,769,600 5,398,500 3,436,900
Licensing 78,700   78,700  
Total revenue 4,275,700 2,928,900 7,058,700 5,497,800
Operating expenses:        
Products costs 747,400 824,200 1,127,600 1,396,500
Services costs 1,988,900 1,385,500 3,570,200 2,584,100
Licensing costs 123,500   123,500  
Selling, general and administrative expenses 1,062,800 801,500 2,971,600 1,816,100
Total operating expenses 3,922,600 3,011,200 7,792,900 5,796,700
Income (Loss) from operations 353,100 (82,300) (734,200) (298,900)
Other income (expense):        
Interest income   2,000   4,000
Interest expense (19,100) (29,400) (42,700) (53,300)
Gain on debt settlement     24,400  
Other 32,800 46,400 16,000 45,000
Total non-operating income (expense), net 13,700 19,000 (2,300) (4,300)
Net income (loss) 366,800 (63,300) (736,500) (303,200)
Less: Net loss attributable to non-controlling interest (97,800) (46,000) (165,900) (114,400)
Net income (loss) attributable to SEER common stockholders $ 464,600 $ (17,300) $ (570,600) $ (188,800)
Net income (loss) per share, basic and diluted (in dollars per shares) $ 0.01    [1] $ (0.01) $ (0.01)
Weighted average shares outstanding - basic and diluted (in shares) 51,196,100 42,927,700 50,277,400 42,044,900
[1] Less than $(.01) per share