Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 1,120,200 $ 921,000 $ 2,030,100 $ 1,665,200
Operating expenses:        
Products costs 827,900 594,700 1,487,000 1,083,600
Solid waste costs 7,400 7,400 14,800 14,800
General and administrative expenses 305,100 309,100 578,100 620,100
Salaries and related expenses 331,800 301,500 676,400 437,900
Total operating expenses 1,472,200 1,212,700 2,756,300 2,156,400
Loss from operations (352,000) (291,700) (726,200) (491,200)
Other income (expense):        
Interest expense (189,700) (180,900) (379,800) (375,100)
Gain on debt extinguishment 96,600
Other 400 (100) 77,400 29,700
Total non-operating expense, net (189,300) (181,000) (205,800) (345,400)
Loss from continuing operations (541,300) (472,700) (932,000) (836,600)
Loss from discontinued operations, net of tax (167,100) (133,700)
Net loss (541,300) (639,800) (932,000) (970,300) [1]
Less: Net income (loss) attributable to non-controlling interest (18,200) (28,300) (22,200) (41,100)
Net loss attributable to SEER common stockholders $ (523,100) $ (611,600) $ (909,800) $ (929,200)
Basic earnings per share attributable to SEER common stockholders        
Loss from continuing operations, per share $ (0.01) $ (0.01) $ (0.01) $ (0.01)
Loss from discontinued operations, per share
Net loss per share, basic (0.01) (0.01) (0.01) (0.01)
Fully diluted earnings per share attributable to SEER common stockholders        
Loss from continuing operations, per share (0.01) (0.01) (0.01) (0.01)
Loss from discontinued operations, per share
Net loss per share, basic $ (0.01) $ (0.01) $ (0.01) $ (0.01)
Weighted average shares outstanding – basic 65,088,575 65,009,454 65,088,575 64,949,348
Weighted average shares outstanding – diluted 65,088,575 65,009,454 65,088,575 64,949,348
Product [Member]        
Revenue:        
Total revenue $ 1,070,200 $ 862,700 $ 1,930,100 $ 1,548,700
Solid Waste [Member]        
Revenue:        
Total revenue $ 50,000 $ 58,300 $ 100,000 $ 116,500
[1] The environmental solutions segment contains the total net income (loss) from discontinued operations of REGS.