Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Products $ 1,132,600 $ 941,500 $ 1,705,400 $ 1,830,500
Services 1,372,400 1,993,800 4,232,500 4,570,500
Solid waste 56,500 43,900 128,100 71,900
Total revenue 2,561,500 2,979,200 6,066,000 6,472,900
Operating expenses:        
Products costs 697,400 588,800 1,065,500 1,254,700
Services costs 1,371,000 1,740,700 3,061,300 3,607,100
Solid waste costs 61,700 167,200 165,600 295,500
General and administrative expenses 480,600 606,900 1,050,600 1,276,200
Salaries and related expenses 681,500 751,900 1,372,200 1,475,500
Total operating expenses 3,292,200 3,855,500 6,715,200 7,909,000
Income (loss) from operations (730,700) (876,300) (649,200) (1,436,100)
Other income (expense):        
Interest expense (154,600) (22,000) (202,300) (39,500)
Other 16,800 2,900 29,800 2,900
Total non-operating expense, net (137,800) (19,100) (172,500) (36,600)
Net loss before earnings from equity method joint ventures (868,500) (895,400) (821,700) (1,472,700)
Income from equity method joint ventures 15,700   15,700  
Net income (loss) (852,800) (895,400) (806,000) (1,472,700)
Less: Net loss attributable to non-controlling interest (56,900) (151,400) (139,500) (272,800)
Net income (loss) attributable to SEER common stockholders $ (795,900) $ (744,000) $ (666,500) $ (1,199,900)
Net loss per share, basic and diluted (in dollars per share) $ (0.02) $ (0.01) $ (0.01) $ (0.02)
Weighted average shares outstanding - basic and diluted (in shares) 54,470,134 52,362,000 54,131,672 52,275,400