Quarterly report [Sections 13 or 15(d)]

DISCONTINUED SEM OPERATIONS

DISCONTINUED SEM OPERATIONS

3 Months Ended

Mar. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

NOTE 15 – DISCONTINUED SEM OPERATIONS

On January 1, 2023, the Company’s board of directors, by unanimous consent, adopted a resolution to discontinue the then-current media production operations of the Company’s wholly owned subsidiary, SEM, LLC. For the unaudited three months ended March 31, 2025 and 2024, all media production operations from SEM have been reported as discontinued operations. Management intends to use the SEM entity for the delivery of biochar kilns to Biochar Now and, further, to commence SEER’s own biochar production in Texas under a joint venture license from Biochar Now.

The following table presents the assets and liabilities associated with the discontinued operations of SEM:

SCHEDULE OF DISCONTINUED OPERATIONS

	March 31,		December 31,
	2025		2024
	(unaudited)		*
ASSETS
Property and equipment, net	$	-	$	-
Total Assets held for sale	$	-	$	-

LIABILITIES
Accounts payable		24,500		24,500
Accrued liabilities		10,000		10,000
Current portion of long-term debt		-		-
Total current liabilities		34,500		34,500

Long-term debt		-		-

Total liabilities held for sale	$	34,500	$	34,500

Major classes of line items constituting pretax income on discontinued operations (unaudited):

	2025		2024
	For the three months ended
	March 31,
	2025		2024

Services revenue	$	-	$	-

Services costs		-		-
General and administrative expenses		-		-
Salaries and related expenses		-		-
Other income (expense)		-		-
Gain on sale of assets held for sale		-		3,700
Total income (expense)		-		3,700

Operating income (loss)		-		3,700
Income tax benefit		-		-

Total income (loss) from discontinued operations	$	-	$	3,700