Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenue:    
Products $ 4,494,700 $ 3,233,900
Services 6,958,600 8,346,300
Solid waste disposal 230,200 1,064,700
Total revenue 11,683,500 12,644,900
Operating expenses:    
Products costs 3,417,000 2,381,300
Services costs 5,789,300 6,600,900
Solid waste disposal costs 315,000 1,411,200
General and administrative expenses 2,358,800 3,034,800
Salaries and related expenses 2,329,700 2,601,200
Other asset impairment 720,000  
Fixed asset impairment 809,000  
Litigation settlement 277,500  
Total operating expenses 16,016,300 16,029,400
Loss from operations (4,332,800) (3,384,500)
Other income (expense):    
Interest expense,net (327,700) (93,300)
Gain on debt settlements 50,100
Gain on disposition of assets 27,800 2,500
Other (22,900) (4,800)
Total non-operating expense, net (322,800) (45,500)
Loss before earnings from equity method joint ventures (4,655,600) (3,430,000)
Income from equity method joint ventures 15,700 6,400
Net Loss (4,639,900) (3,423,600)
Less: Loss attributable to non-controlling interest (753,500) (536,300)
Net loss attributable to SEER common stockholders $ (3,886,400) $ (2,887,300)
Net loss per share, basic and diluted (in dollars per share) $ (.07) $ (0.05)
Weighted average shares outstanding - basic and diluted (in shares) 53,951,309 52,320,762