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 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 1,142,400 $ 1,234,300 $ 3,172,500 $ 2,899,500
Operating expenses:        
Products costs 1,020,900 802,300 2,507,900 1,885,900
Solid waste costs 7,400 14,800 22,200
General and administrative expenses 254,800 198,400 832,900 818,600
Salaries and related expenses 278,500 170,700 954,900 608,500
Total operating expenses 1,554,200 1,178,800 4,310,500 3,335,200
Income (loss) from operations (411,800) 55,500 (1,138,000) (435,700)
Other income (expense):        
Interest expense (198,600) (181,500) (578,400) (556,600)
Gain on abandonment 1,458,000 1,458,000
Gain on debt extinguishment 213,200 96,600 213,200
Other 100 (5,800) 77,500 24,000
Total non-operating expense, net (198,500) 1,483,900 (404,300) 1,138,600
Income (loss) from continuing operations (610,300) 1,539,400 (1,542,300) 702,900
Income from discontinued operations, net of tax 425,900 292,100
Net lncome (loss) (610,300) 1,965,300 (1,542,300) 995,000
Less: Net income (loss) attributable to non-controlling interest (10,700) 251,000 (33,000) 210,000
Net income (loss) attributable to SEER common stockholders $ (599,600) $ 1,714,300 $ (1,509,300) $ 785,000
Basic earnings per share attributable to SEER common stockholders        
Loss from continuing operations, per share $ (0.01) $ 0.02 $ (0.02) $ 0.01
Loss from discontinued operations, per share 0.01
Net income (loss) per share, basic (0.01) 0.03 (0.02) 0.01
Fully diluted earnings per share attributable to SEER common stockholders        
Loss from continuing operations, per share (0.01) 0.02 (0.02) 0.01
Loss from discontinued operations, per share 0.01
Net income (loss) per share, basic $ (0.01) $ 0.03 $ (0.02) $ 0.01
Weighted average shares outstanding – basic 65,088,575 65,088,575 65,088,575 64,996,267
Weighted average shares outstanding – diluted 65,088,575 65,178,575 65,088,575 65,086,267
Product [Member]        
Revenue:        
Total revenue $ 1,142,400 $ 1,176,100 $ 3,072,500 $ 2,724,800
Solid Waste [Member]        
Revenue:        
Total revenue $ 58,200 $ 100,000 $ 174,700