Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenue:    
Products $ 3,233,900 $ 4,302,500
Services 8,346,300 12,886,400
Solid waste disposal 1,064,700 109,000
Total revenue 12,644,900 17,297,900
Operating expenses:    
Products costs 2,381,300 3,155,500
Services costs 6,600,900 8,463,100
Solid waste disposal costs 1,411,200 397,500
General and administrative expenses 3,034,800 3,292,500
Salaries and related expenses 2,601,200 2,676,700
Total operating expenses 16,029,400 17,985,300
Loss from operations (3,384,500) (687,400)
Other income (expense):    
Interest expense (93,300) (77,800)
Gain on debt settlements 50,100 24,400
Other (2,300) 14,800
Total non-operating expense, net (45,500) (38,600)
Net loss before earnings from equity method joint ventures (3,430,000) $ (726,000)
Income from equity method joint ventures 6,400
Net Loss (3,423,600) $ (726,000)
Less: Net loss attributable to non-controlling interest (536,300) (441,400)
Net loss attributable to SEER common stockholders $ (2,887,300) $ (284,600)
Net loss per share, basic and diluted (in dollars per share) $ (0.05) $ (0.01)
Weighted average shares outstanding - basic and diluted (in shares) 52,320,762 50,826,800