Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue:    
Total revenue $ 4,137,900 $ 3,478,400
Operating expenses:    
Products costs 3,374,900 2,221,300
Solid waste costs 14,800 29,100
General and administrative expenses 1,257,700 1,018,200
Salaries and related expenses 1,250,300 946,100
Impairment - Intangibles 41,900
Impairment - Goodwill 277,800
Total operating expenses 6,217,400 4,214,700
Loss from operations (2,079,500) (736,300)
Other income (expense):    
Interest expense (805,700) (738,600)
Gain on abandonment 1,458,200
Gain on debt extinguishment 96,600 213,200
Other 77,100 31,100
Total non-operating expense, net (632,000) 963,900
Income (loss) from continuing operations (2,711,500) 227,600
Income from discontinued operations, net of tax 292,100
Net lncome (loss) (2,711,500) 519,700
Less: Net income (loss) attributable to non-controlling interest (71,200) 190,800
Net income (loss) attributable to SEER common stockholders $ (2,640,300) $ 328,900
Basic earnings per share attributable to SEER common stockholders    
Loss from continuing operations, per share $ (0.04) $ 0.00
Income from discontinued operations, per share 0.01
Net income (loss) per share, basic (0.04) 0.01
Fully diluted earnings per share attributable to SEER common stockholders    
Loss from continuing operations, per share (0.04) 0.00
Income from discontinued operations, per share 0.01
Net income (loss) per share, basic $ (0.04) $ 0.01
Weighted average shares outstanding – basic 65,088,575 65,088,575
Weighted average shares outstanding – diluted 65,088,575 65,178,575
Product [Member]    
Revenue:    
Total revenue $ 4,037,900 $ 3,238,300
Solid Waste [Member]    
Revenue:    
Total revenue $ 100,000 $ 240,100