Income Statement

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Products $ 717,300 $ 1,749,100 $ 4,268,800 $ 3,454,500
Services 413,000 167,600 1,803,000 2,423,800
Licensing 453,100 41,900 596,900 170,000
Total revenue [1] 1,583,400 1,958,600 6,668,700 6,048,300
Operating expenses:        
Products costs 506,700 1,322,800 2,912,800 2,388,300
Services costs 561,100 478,500 2,069,600 2,109,800
Solid waste costs 345,500 79,800 455,800 245,400
General and administrative expenses 783,800 413,100 2,077,500 1,381,200
Salaries and related expenses 548,300 459,300 1,587,500 1,709,600
Total operating expenses 2,745,400 2,753,500 9,103,200 7,834,300
Income (Loss) from operations (1,162,000) (794,900) (2,434,500) (1,786,000)
Other income (expense):        
Interest expense [1] (256,000) (55,700) (1,212,500) (255,200)
Loss contingency   (48,000)   (48,000)
Other 40,000 (32,400) 34,100 (3,900)
Total non-operating expense, net (216,000) (136,100) (1,178,400) (307,100)
Net loss from continuing operations (1,378,000) (931,000) (3,612,900) (2,093,100)
Net income from discontinued operations 215,400 57,200 693,700 397,600
Gain recognized on sale of rail operations 2,672,900   2,672,900  
Discontinued operations, net of tax 2,888,300 57,200 3,366,600 397,600
Net income (loss) before earnings from equity method joint ventures 1,510,300 (873,800) (246,300) (1,695,500)
Income from equity method joint ventures       15,700
Net income (loss) 1,510,300 (873,800) (246,300) (1,679,800)
Less: Net loss attributable to non-controlling interest (23,900) (83,600) (115,100) (223,100)
Net income (loss) attributable to SEER common stockholders $ 1,534,200 $ (790,200) $ (131,200) $ (1,456,700)
Net loss per share from continuing operations (in dollars per share) $ (0.02) $ (0.02) $ (0.06) $ (0.04)
Net loss per share from discontinued operations (in dollars per share) 0.05 0.00 0.06 0.01
Net income (loss) per share, basic and diluted (in dollars per share) $ 0.03 $ (0.02) [2] $ (0.03)
Weighted average shares outstanding - basic and diluted (in shares) 55,457,053 54,525,079 54,902,947 54,263,765
[1] Excludes discontinued operations
[2] Less than $0.01.

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