Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Total revenue $ 1,234,300 $ 907,900 $ 2,899,500 $ 2,495,400
Operating expenses:        
Products costs 802,300 623,400 1,885,900 1,573,200
Solid waste costs 7,400 9,700 22,200 43,000
General and administrative expenses 198,400 224,100 818,600 881,800
Salaries and related expenses 170,700 342,800 608,500 958,700
Total operating expenses 1,178,800 1,200,000 3,335,200 3,456,700
Income (loss) from operations 55,500 (292,100) (435,700) (961,300)
Other income (expense):        
Interest expense (181,500) (225,800) (556,600) (599,300)
Gain on abandonment 1,458,000 1,458,000
Gain on debt extinguishment 213,200 213,200
Other (5,800) (1,200) 24,000 (4,900)
Total non-operating income (expense), net 1,483,900 (227,000) 1,138,600 (604,200)
Income (loss) from continuing operations 1,539,400 (519,100) 702,900 (1,565,500)
Income (loss) from discontinued operations, net of tax 425,900 (136,600) 292,100 (344,800)
Net income (loss) 1,965,300 (655,700) 995,000 (1,910,300)
Less: Net income (loss) attributable to non-controlling interest 251,000 (30,700) 210,000 (96,000)
Net income (loss) attributable to SEER common stockholders $ 1,714,300 $ (625,000) $ 785,000 $ (1,814,300)
Basic earnings per share        
Income (loss) from continuing operations, per share $ 0.02 $ (0.01) $ 0.01 $ (0.02)
Income (loss) from discontinued operations, per share 0.01 (0.00) 0.00 (0.01)
Net income (loss) per share, basic 0.03 (0.01) 0.01 (0.03)
Fully diluted earnings per share        
Income (loss) from continuing operations, per share 0.02 (0.01) 0.01 (0.02)
Income (loss) from discontinued operations, per share 0.01 (0.00) 0.00 (0.01)
Net income (loss) per share, diluted $ 0.03 $ (0.01) $ 0.01 $ (0.03)
Weighted average shares outstanding – basic 65,088,575 64,200,640 64,996,267 63,865,814
Weighted average shares outstanding – diluted 65,178,575 64,200,640 65,086,267 63,865,814
Product [Member]        
Revenue:        
Total revenue $ 1,176,100 $ 849,700 $ 2,724,800 $ 2,320,700
Solid Waste [Member]        
Revenue:        
Total revenue $ 58,200 $ 58,200 $ 174,700 $ 174,700