10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2023

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________________________

000-54987

(Commission File Number)

Strategic Environmental & Energy Resources, Inc.

(Exact name of registrant as specified in its charter)

Nevada	02-0565834
(State or other jurisdiction of incorporation)	(IRS Employer Identification Number)

370 Interlocken Blvd, Suite 680, Broomfield, CO 80021

(Address of principal executive offices including zip code)

303-277-1625

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
N/A	N/A	N/A

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Date File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer,” “small reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer ☐	Accelerated filer ☐	Emerging growth company ☐
Non-accelerated filer ☐	Smaller reporting company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

As of August 14, 2023, the Registrant had 65,088,575 shares outstanding of its $.001 par value common stock.

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION
Item 1.	Financial Statements
	Condensed Consolidated Balance Sheets as of June 30, 2023 (unaudited) and December 31, 2022	3
	Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2023, and 2022 (unaudited)	4
	Condensed Consolidated Statement of Changes in Stockholders’ Deficit as of June 30, 2023, and 2022 (unaudited)	5
	Condensed Consolidated Statements of Cash Flows for the Three and Six Months Ended June 30, 2023, and 2022 (unaudited)	6
	Notes to Unaudited Condensed Consolidated Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	19
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	25
Item 4.	Controls and Procedures	25
PART II. OTHER INFORMATION
Item 1.	Legal Proceedings	26
Item 1A.	Risk Factors	26
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	26
Item 3.	Defaults Upon Senior Securities	26
Item 4.	Mine Safety Disclosures	28
Item 5.	Other Information	28
Item 6.	Exhibits	29
SIGNATURES		30

2

Part I. FINANCIAL INFORMATION

Item 1. Financial Statements

STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

	June 30,			December 31,
	2023			2022*
	(unaudited)
ASSETS
Current Assets
Cash and cash equivalents	$	53,700		$	21,500
Accounts receivable, net of allowance for doubtful accounts of $179,000		536,300			640,500
Inventory		16,700			9,400
Contract assets		74,000			138,700
Prepaid expenses and other current assets		98,600			85,800
Assets held for sale		54,200			217,200
Total Current Assets		833,500			1,113,100
Property and equipment, net		28,800			38,600
Intangible Assets, net		19,300			20,700
Right of use assets		221,300			249,700
Investments		182,200			182,200
Other assets		40,100			40,100
TOTAL ASSETS	$	1,325,200		$	1,644,400
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Accounts payable	$	845,100		$	1,044,700
Accrued liabilities		3,371,200			2,953,800
Contract liabilities		513,000			536,000
Deferred revenue		13,900			-
Short term notes		4,263,500			3,518,000
Short term notes and accrued interest - related party		187,000			184,000
Convertible notes		1,605,000			1,605,000
Current portion of long term debt		504,400			504,300
Current portion of lease liabilities		67,600			63,100
Liabilities held for sale		58,700			85,500
Total Current Liabilities		11,429,400			10,494,400
Lease liabilities net of current portion		182,900			217,400
Long term debt		1,838,300			1,840,600
Total Liabilities		13,450,600			12,552,400
Commitments and contingencies		-			-
Stockholders’ deficit
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued		-			-
Common stock; $.001 par value; 70,000,000 shares authorized; 65,088,575 shares issued, issuable** and outstanding June 30, 2023 and December 31, 2022		65,100			65,100
Common stock issuable		25,000			25,000
Additional paid-in capital		22,973,800			22,973,800
Stock Subscription receivable		(25,000	)		(25,000	)
Accumulated deficit		(33,223,200	)		(32,005,100	)
Total stockholders’ deficit		(10,184,300	)		(8,966,200	)
Non-controlling interest		(1,941,100	)		(1,941,800	)
Total Deficit		(12,125,400	)		(10,908,000	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	1,325,200		$	1,644,400

*	Derived from audited information
**	Includes 2,785,000 shares issuable as of June 30, 2023, and December 31, 2022, per terms of note agreements.

The accompanying notes are an integral part of these consolidated financial statements.

3

STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2023			2022			2023			2022
Revenue:
Products	$	731,200		$	1,053,700		$	1,284,400		$	1,809,700
Solid waste		-			50,000			-			100,000
Total revenue		731,200			1,103,700			1,284,400			1,909,700
Operating expenses:
Products costs		494,900			799,300			983,900			1,356,500
Solid waste costs		-			7,400			-			14,800
General and administrative expenses		322,800			289,200			658,100			552,300
Salaries and related expenses		300,100			326,900			608,600			659,200
Total operating expenses		1,117,800			1,422,800			2,250,600			2,582,800
Loss from operations		(386,600	)		(319,100	)		(966,200	)		(673,100	)
Other income (expense):
Interest expense		(225,600	)		(188,600	)		(431,600	)		(377,600	)
Gain on debt extinguishment		-			-			-			96,600
Other income (expense)		(600	)		400			20,100			77,400
Total non-operating expense, net		(226,200	)		(188,200	)		(411,500	)		(203,600	)
Loss from continuing operations		(612,800	)		(507,300	)		(1,377,700	)		(876,700	)
Income (loss) from discontinued operations, net of tax		172,000			(34,000	)		160,300			(55,300	)
Net Loss		(440,800	)		(541,300	)		(1,217,400	)		(932,000	)
Less: Net income (loss) attributable to non-controlling interest		(2,100	)		(18,200	)		700			(22,200	)
Net Loss attributable to SEER common stockholders	$	(438,700	)	$	(523,100	)	$	(1,218,100	)	$	(909,800	)
Basic earnings per share attributable to SEER common stockholders
Loss from continuing operations, per share	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.01	)
Income from discontinued operations, per share		0.00			(0.00	)		0.00			(0.00	)
Net Loss per share, basic	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.01	)
Fully diluted earnings per share attributable to SEER common stockholders
Loss from continuing operations, per share		(0.01	)		(0.01	)		(0.02	)		(0.01	)
Income from discontinued operations, per share		0.00			(0.00	)		0.00			(0.00	)
Net Loss per share, basic	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.01	)
Weighted average shares outstanding – basic		65,088,575			65,088,575			65,088,575			65,088,575
Weighted average shares outstanding – diluted		65,088,575			65,088,575			65,088,575			65,088,575

The accompanying notes are an integral part of these consolidated financial statements.

4

STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIT

(Unaudited)

	Preferred Stock				Common Stock				Additional Paid-in		Common Stock		Stock Subscription			Accumulated			Non- controller			Total Stockholders’
	Shares		Amount		Shares		Amount		Capital		Subscribed		Receivable			Deficit			Interest			Deficit
Balances at December 31, 2022		-		-		65,088,600		65,100		22,973,800		25,000		(25,000	)		(32,005,100	)		(1,941,800	)		(10,908,000	)
Net loss		-		-		-		-		-		-		-			(779,400	)		2,800			(776,600	)
Balances at March 31, 2023		-		-		65,088,600		65,100		22,973,800		25,000		(25,000	)		(32,784,500	)		(1,939,000	)		(11,684,600	)
Net loss		-		-		-		-		-		-		-			(438,700	)		(2,100	)		(440,800	)
Balances at June 30, 2023		-		-		65,088,600		65,100		22,973,800		25,000		(25,000	)		(33,223,200	)		(1,941,100	)		(12,125,400	)

	Preferred Stock				Common Stock				Additional Paid-in		Common Stock		Stock Subscription			Accumulated			Non- controller			Total Stockholders’
	Shares		Amount		Shares		Amount		Capital		Subscribed		Receivable			Deficit			Interest			Deficit
Balances at December 31, 2021		-	$	-		65,088,600	$	65,100	$	22,973,800	$	25,000	$	(25,000	)	$	(29,364,800	)	$	(1,870,600	)	$	(8,196,500	)
Net loss		-		-		-		-		-		-		-			(386,600	)		(4,100	)		(390,700	)
Balances at March 31, 2022		-		-		65,088,600		65,100		22,973,800		25,000		(25,000	)		(29,751,400	)		(1,874,700	)		(8,587,200	)
Net loss		-		-		-		-		-		-		-			(523,100	)		(18,200	)		(541,300	)
Balances at June 30, 2022		-		-		65,088,600		65,100		22,973,800		25,000		(25,000	)		(30,274,500	)		(1,892,900	)		(9,128,500	)

The accompanying notes are an integral part of these consolidated financial statements.

5

STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)

	For the Six Months Ended June 30,
	2023			2022
Cash flows from operating activities:
Loss from continuing operations	$	(1,377,700	)	$	(876,700	)
Loss from discontinued operations		160,300			(55,300	)
Net Loss		(1,217,400	)		(932,000	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		11,200			59,000
Gain on sale of assets held for sale		(175,600	)		-
Gain on debt distinguishment		-			(96,600	)
Bad debt		-			19,800
Changes in operating assets and liabilities:
Accounts receivable		104,200			(27,600	)
Contract assets		64,700			(164,000	)
Inventory		(7,300	)		51,500
Prepaid expenses and other assets		66,800			26,600
Accounts payable, accrued liabilities, and customer deposits		204,200			838,300
Contract liabilities		(23,000	)		(176,600	)
Deferred revenue		13,900			6,400
Assets and liabilities held for sale		(26,700	)		-
Net cash used in operating activities		(985,000	)		(395,200	)
Cash flows from investing activities:
Purchase of property and equipment		-			(31,800	)
Proceeds from the sale of assets held for sale		338,500			-
Net cash (used in) provided by investing activities		338,500			(31,800	)
Cash flows from financing activities:
Payments of notes		(171,300	)		(47,500	)
Proceeds from short-term and long-term debt		850,000			319,300
Net cash provided by financing activities		678,700			271,800
Effect of exchange rate changes on cash		-
Net increase (decrease) in cash		32,200			(155,200	)
Cash at the beginning of period		21,500			188,800
Cash at the end of period	$	53,700		$	33,600
Supplemental disclosures of cash flow information:
Cash paid for interest	$	22,200		$	7,600
Financing of prepaid insurance premiums	$	51,100		$	36,800
Non-cash repayment of debt	$	-		$	50,800
Non-cash repayment of debt - PPP Loan	$	-		$	96,600
Non-cash payment of interest	$	-		$	15,400

The accompanying notes are an integral part of these consolidated financial statements.

6

NOTE 1 – ORGANIZATION AND FINANCIAL CONDITION

Organization and Going Concern

Strategic Environmental & Energy Resources, Inc. (“SEER,” or the “Company”), a Nevada corporation, is a provider of next-generation clean-technologies, waste management innovations and related services. SEER has two wholly owned operating subsidiaries and three majority-owned subsidiaries; all of which together provide technology solutions and services to companies primarily in the oil and gas, refining, landfill, food, beverage & agriculture, and renewable fuel industries. The two wholly owned subsidiaries include: 1) MV, LLC (d/b/a MV Technologies) (“MV”), designs and builds biogas conditioning solutions for the production of renewable natural gas, odor control systems and natural gas vapor capture primarily for landfill operations, waste-water treatment facilities, oil and gas fields, refineries, municipalities and food, beverage & agriculture operations throughout the U.S.; 2) Strategic Environmental Materials, LLC, (“SEM”), is a materials technology company focused on development of cost-effective chemical absorbents. SEM was discontinued in 2023 due to its products not meeting customer requirements.

The three majority-owned subsidiaries are 1) Paragon Waste Solutions, LLC (“PWS”), 2) PelleChar, LLC (“PelleChar”), and 3) Benefuels, LLC (“Benefuels”). PWS is currently owned 54% by SEER, PelleChar is owned 51% by SEER, and Benefuels is owned 85% by SEER. Benefuels, focuses specifically on treating biogas for conversion to pipeline quality gas and/or compressed natural gas (“CNG”) for fleet vehicle fuel.

PWS developed specific opportunities to deploy and commercialize patented technologies for a non-thermal plasma-assisted oxidation process that makes possible the clean and efficient destruction of solid hazardous chemical and biological waste (i.e., regulated medical waste, chemicals, pharmaceuticals, and refinery tank waste, etc.) without landfilling or traditional incineration and without harmful emissions. Additionally, this technology “cleans” and conditions emissions and gaseous waste streams (i.e., volatile organic compounds and other greenhouse gases) generated from diverse sources such as refineries, oil fields, and many others. In July 2022, the Company exchanged its patents and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”), in exchange for units in PSMW. The Company exchanged its interest in PSMW for 2% of Amlon Holdings in June 2023 when PSMW was acquired by Amlon Holdings. (See Note 9)

PelleChar was established in September 2018 and is owned 51% by SEER. Pellechar has secured third-party pellet manufacturing capabilities from one of the nation’s premier pellet manufacturers. Working closely with Biochar Now, LLC, Pellechar commenced sales in late 2019 of its proprietary pellets containing the proven and superior Biochar Now product starting with the landscaping and big agriculture markets. At this time, Pellechar is the only company able to offer a soil amendment pellet containing the Biochar Now product that is produced using the patented pyrolytic process.

Principals of Consolidation

The accompanying consolidated financial statements include the accounts of SEER, its wholly owned subsidiaries, SEM, and MV, and its majority-owned subsidiaries PWS and PelleChar, since their respective acquisition or formation dates. All material intercompany accounts, transactions, and profits have been eliminated in consolidation. The Company has non-controlling interest in joint ventures, which are reported on the equity method.

Going Concern

As shown in the accompanying consolidated financial statements, the Company has experienced recurring losses, and has accumulated a deficit of approximately $33.2 million as of June 30, 2023, and $32.0 million as of December 31, 2022. For the six months ended June 30, 2023, the Company incurred a net loss of approximately $1.2 million and for the six months ended June 30, 2022, the Company incurred a net loss of approximately $0.9 million. The Company had a working capital deficit of approximately $10.6 million as of June 30, 2023, and a working capital deficit of $9.4 million as of December 31, 2022. These factors raise substantial doubt about the ability of the Company to continue to operate as a going concern.

7

Realization of a major portion of the Company’s assets as of June 30, 2023, is dependent upon continued operations. The Company is dependent on generating additional revenue or obtaining adequate capital to fund operating losses until it becomes profitable. For the six months ended June 30, 2023, the Company raised approximately $0.9 million from the issuance of short-term and long-term debt, for a net cash provided by financing activities of approximately $0.7 million. In addition, the Company has undertaken a number of specific steps to continue to operate as a going concern. The Company continues to focus on developing organic growth in our operating companies and improving gross and net margins through increased attention to pricing, aggressive cost management and overhead reductions, including discontinuing SEM, a line of business with historically insufficient margins. The Company has limited common shares available for issue which may limit the ability to raise capital or settle debt through issuance of shares. The Company has increased business development efforts to address opportunities identified in expanding markets attributable to increased interest in energy conservation and emission control regulations. In addition, the Company is evaluating various forms of financing which may be available to it. There can be no assurance that the Company will secure additional financing for working capital, increase revenues and achieve the desired result of net income and positive cash flow from operations in future years. These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable to report on a going concern basis.

Basis of Presentation Unaudited Interim Financial Information

The accompanying interim condensed consolidated financial statements are unaudited. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all the normal recurring adjustments necessary to present fairly the financial position and results of operations as of and for the periods presented. The interim results are not necessarily indicative of the results to be expected for the full year or any future period.

Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company believes that the disclosures are adequate to make the interim information presented not misleading. These consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Report on Form 10-K filed on April 14, 2023, for the year ended December 31, 2022.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates

The preparation of these consolidated financial statements in conformity with accounting principles generally accepted in the United States (U.S. GAAP) requires management to make a number of estimates and assumptions related to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the forecasted cash flows used in the impairment testing of goodwill and intangible assets. The carrying amount of intangible assets; valuation allowances and reserves for receivables; revenue recognition related to contracts accounted for under the percentage of completion method; and the Company’s ability to continue as a going concern. Actual results could differ from those estimates.

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net loss.

Revenue Recognition

In May 2014, the FASB issued guidance on revenue from contracts with customers that superseded most current revenue recognition guidance, including industry-specific guidance. The underlying principle of the guidance is to recognize revenue to depict the transfer of goods or services to customers at an amount to which the company expects to be entitled in exchange for those goods or services. The new guidance requires an evaluation of revenue arrangements with customers following a five-step approach: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when (or as) the company satisfies each performance obligation. Revenues are recognized when control of the promised services are transferred to the customers in an amount that reflects the expected consideration in exchange for those services. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the services. Other major provisions of the guidance include capitalization of certain contract costs, consideration of the time value of money in the transaction price and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. (See Note 3)

8

Research and Development

Research and development (“R&D”) costs are charged to expense as incurred. R&D expenses consist primarily of salaries, project materials, contract labor and other costs associated with ongoing product development and enhancement efforts. R&D expenses were $0 for both the six months ended June 30, 2023, and 2022.

Inventories

Inventories are stated at the lower of cost or net realizable value on a first in, first out basis and includes the following amounts (unaudited):

	June 30, 2023		December 31, 2022
	(unaudited)
Finished goods	$	16,700	$	9,400
	$	16,700	$	9,400

Income Taxes

The Company accounts for income taxes pursuant to Accounting Standards Codification (“ASC”) 740, Income Taxes, which utilizes the asset and liability method of computing deferred income taxes. The objective of this method is to establish deferred tax assets and liabilities for any temporary differences between the financial reporting basis and the tax basis of the Company’s assets and liabilities at enacted tax rates expected to be in effect when such amounts are realized or settled.

ASC 740 also provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the financial statements. Tax positions must meet a “more-likely-than-not” recognition threshold at the effective date to be recognized. During the six months ended June 30, 2023, and 2022 the Company recognized no adjustments for uncertain tax positions.

The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. No interest and penalties related to uncertain tax positions were recognized as of June 30, 2023, and 2022. The Company expects no material changes to unrecognized tax positions within the next twelve months.

The Company has filed federal and state tax returns through December 31, 2021. The tax periods for the years ending December 31, 2019, through 2022 are open to examination by federal and state authorities.

NOTE 3 – REVENUE

Products Revenue

Product revenue generated from contracts with customers, for the manufacture of products for the removal and treatment of hazardous vapor and gases. Total estimated revenue includes all of the following: (1) the basic contract price, (2) contract options, and (3) change orders. Once contract performance is underway, the Company may experience changes in conditions, client requirements, specifications, designs, materials, and expectations regarding the period of performance. Such changes are “change orders” and may be initiated by us or by our clients. In many cases, agreement with the client as to the terms of change orders is reached prior to work commencing; however, sometimes circumstances require that work progress without obtaining client agreement. Revenue related to change orders is recognized as costs are incurred if it is probable that costs will be recovered by changing the contract price. The Company does not incur pre-contract costs. Under the new revenue recognition guidance, the Company found no change in the manner product revenue is recognized. Provisions for estimated losses on uncompleted contracts are recorded in the period in which the losses are identified and included as additional loss. Provisions for estimated losses on contracts are shown separately as liabilities on the balance sheet, if significant, except in circumstances in which related costs are accumulated on the balance sheet, in which case the provisions are deducted from the accumulated costs. A provision as a liability is reported as a current liability.

9

The Company includes in current assets and current liabilities amounts related to contracts realizable and payable. Costs and estimated earnings in excess of billings on uncompleted contracts represent the excess of contract costs and profits recognized to date over billings to date and are recognized as a current asset. Revenue contract liabilities represent the excess of billings to date over the amount of contract costs and profits recognized to date and are recognized as a current liability.

Products revenue also includes media sales which are recognized as the product is shipped to the customer for use.

Disaggregation of Revenue (Unaudited)

	Three months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	485,400	$	-	$	485,400
Media sales		245,800		-		245,800
Total Revenue	$	731,200	$	-	$	731,200

	Three months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales		740,100		-		740,100
Media sales		313,600		-		313,600
Management fees		-		50,000		50,000
Total Revenue	$	1,053,700	$	50,000	$	1,103,700

	Six months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	862,900	$	-	$	862,900
Media sales		421,500		-		421,500
Total Revenue	$	1,284,400	$	-	$	1,284,400

	Six months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	1,406,400		-	$	1,406,400
Media sales		403,300		-		403,300
Management fees		-		100,000		100,000
Total Revenue	$	1,809,700	$	100,000	$	1,909,700

Contract Balances

Where a performance obligation has been satisfied but not yet invoiced at the reporting date, a contract asset is recognized on the balance sheet. Where a performance obligation has not yet been satisfied but an invoice has been raised at the reporting date, a contract liability is recognized on the balance sheet.

10

The opening and closing balances of the Company’s accounts receivables and contract liabilities (current and non-current) are as follows:

							Contract Liabilities
	Accounts Receivable,			Contract			Contract			Deferred Revenue		Deferred Revenue
	net			Assets			Liabilities			(current)		(non-current)
Balance as of June 30, 2023 (unaudited)	$	536,300		$	74,000		$	513,000		$	13,900	$	-
Balance as of December 31, 2022		640,500			138,700			536,000			-		-
Increase (decrease)	$	(104,200	)	$	(64,700	)	$	(23,000	)	$	13,900	$	-

The majority of the Company’s revenue is generally invoiced on a weekly or monthly basis, and the payments are generally received within approximately 30-60 days. Contract liabilities are recorded when cash payments are received or due in advance of the Company’s performance, including amounts that are refundable.

Remaining Performance Obligations

As of June 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations was approximately $1.0 million, of which the Company expects to recognize approximately 85% of this revenue over the next 12 months.

The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected term of one year or less and (ii) contracts for which the Company recognizes revenue at the amounts to which it has the right to invoice for services performed.

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	June 30, 2023			December 31, 2022
	(unaudited)
Field and shop equipment	$	453,000		$	395,000
Vehicles		72,500			72,500
Furniture and office equipment		293,400			333,800
Leasehold improvements		36,200			36,200
		855,100			837,500
Less: accumulated depreciation and amortization		(826,300	)		(798,900	)
Property and equipment, net	$	28,800		$	38,600

Depreciation expense for the three months ended June 30, 2023, and 2022 was $4,900 and $23,100, respectively. For the three months ended June 30, 2023, and 2022, depreciation expense included in cost of goods sold was $4,900 and $19,700, respectively. For the three months ended June 31, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $0 and $3,400, respectively.

11

Depreciation expense for the six months ended June 30, 2023, and 2022 was $9,800 and $47,900, respectively. For the six months ended June 30, 2023, and 2022, depreciation expense included in cost of goods sold was $9,800 and $38,100, respectively. For the six months ended June 30, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $0 and $9,800, respectively.

NOTE 5 – INTANGIBLE ASSETS

	June 30, 2023
	Gross carrying amount		Accumulated amortization			Impairment		Net carrying value
	(unaudited)		(unaudited)			(unaudited)		(unaudited)
Goodwill	$	-	$	-		$	-	$	-
Customer list		42,500		(42,500	)		-		-
Technology		684,000		(664,700	)		-		19,300
Trade name		54,900		(54,900	)		-		-
	$	781,400	$	(762,100	)	$	-	$	19,300

	December 31, 2022
	Gross carrying amount		Accumulated amortization			Impairment			Net carrying value
Goodwill	$	277,800	$	-		$	(277,800	)	$	-
Customer list		42,500		(42,500	)		-			-
Technology		875,900		(813,300	)		(41,900	)		20,700
Trade name		54,900		(54,900	)		-			-
	$	1,251,100	$	(910,700	)	$	(319,700	)	$	20,700

The estimated useful lives of the intangible assets range from seven to twenty years. Amortization expense was $700 and $5,500 for the three months ended June 30, 2023, and 2022, respectively. Amortization expense was $1,400 and $11,100 for the six months ended June 30, 2023, and 2022, respectively.

NOTE 6 – LEASES

The Company has entered into operating leases primarily for real estate. These leases have terms which range from 1 to 8 years, and often include one or more options to renew. These renewal terms can extend the lease term from 1 year to month-to-month and are included in the lease term when it is reasonably certain that the Company will exercise the option. These operating leases are included in “Right of use assets” on the Company’s June 30, 2023, Consolidated Balance Sheets and represent the Company’s right to use the underlying asset for the lease term. The Company’s obligation to make lease payments are included in “Current portion of lease liabilities” and “Lease liabilities net of current portion” on the Company’s June 30, 2023, Consolidated Balance Sheets. As of June 30, 2023, total right-of-use assets and operating lease liabilities were approximately $221,300 and $250,500, respectively. All operating lease expense is recognized on a straight-line basis over the lease term. In the six months ended June 30, 2023, the Company recognized approximately $41,800 in operating lease costs for right-of-use assets.

Because the rate implicit in each lease is not readily determinable, the Company uses its incremental borrowing rate to determine the present value of the lease payments. The Company has certain contracts for real estate which may contain lease and non-lease components which it has elected to treat as a single lease component.

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

	For the Six Months Ended June 30,
	2023			2022
Cash paid for operating lease liabilities	$	84,800		$	63,000
Weighted-average remaining lease term		38 months			50 months
Weighted-average discount rate		10	%		10	%

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Maturities of lease liabilities as of June 30, 2023 were as follows:

2023	$	89,600
2024		92,300
2025		95,000
2026		17,000
2027		-
Thereafter		-
		293,900
Less imputed interest		(43,400	)
Total lease liabilities		250,500
Current operating lease liabilities		67,600
Non-current operating lease liabilities		182,900
Total lease liabilities	$	250,500

NOTE 7 – ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

	June 30, 2023		December 31, 2022
	(unaudited)
Accrued compensation and related taxes	$	94,400	$	81,900
Accrued interest		2,968,700		2,562,300
Accrued settlement/litigation claims		150,000		150,000
Warranty and defect claims		62,500		57,000
Other		95,600		102,600
Total Accrued Liabilities	$	3,371,200	$	2,953,800

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NOTE 8 – UNCOMPLETED CONTRACTS

Costs, estimated earnings and billings on uncompleted contracts are as follows:

	June 30, 2023			December 31, 2022
	(unaudited)
Revenue recognized	$	899,000		$	440,200
Less: billings to date		(825,000	)		(301,500	)
Contract assets		74,000			138,700
Billings to date		1,603,900			2,849,400
Revenue recognized		(1,090,900	)		(2,313,400	)
Contract liabilities	$	513,000		$	536,000

NOTE 9 – INVESTMENTS

Paragon Waste Solutions LLC

Since its inception through June 30, 2023, the Company has provided approximately $6.4 million in funding to PWS for working capital and the further development and construction of various prototypes and commercial waste destruction units. No members of PWS have made capital contributions or other funding to PWS other than SEER. The intent of the operating agreement is to provide the funding as an advance against future earnings distributions made by PWS.

Paragon Southwest Medical Waste

On July 20, 2022, PWS transferred all patents owned covering medical waste destruction, and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”), in exchange for units in PSMW. The units in PSMW transferred in connection with this transaction increased SEER’s equity in PSMW to approximately 30%, on a total consolidated basis. This transaction also canceled the irrevocable license and royalty agreement, and the management agreement between PWS and PSMW.

On June 30, 2023, the Company sold its interest in PSMW in exchange for a 2% interest in Amlon Holdings.

NOTE 10 – DEBT

Debt as of June 30, 2023 (Unaudited), and December 31, 2022, was comprised of the following:

	Short term notes			Convertible notes, unsecured		Current portion of long-term debt and capital lease obligations			Long term debt			Total
Balance December 31, 2022	$	3,518,000		$	1,605,000	$	504,300		$	1,840,600		$	7,467,900
Increase in borrowing		901,100	(1)		-		-			-			901,100
Principal reductions		(155,600	)		-		(2,200	)		-			(157,800	)
Long term debt to current		-			-		2,300			(2,300	)		-
Amortization of debt discount		-			-		-			-			-
Balance June 30, 2023	$	4,263,500	(2)	$	1,605,000	$	504,400		$	1,838,300	(3)	$	8,211,200

(1)	A) Secured note payable of $350,000, secured by certain real estate and equity, dated January 20, 2023, interest at an annual rate of 8.0% simple interest and matures on October 18, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $12,400. There was $12,400 accrued and unpaid interest as of June 30, 2023. B) A secured note payable of $300,000, secured by real estate and equity in subsidiaries dated March 10, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $7,400. There was $7,400 accrued and unpaid interest as of June 30, 2023. C) A secured note payable of $200,000, secured by real estate and equity in subsidiaries dated May 16, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $1,800. There was $1,800 accrued and unpaid interest as of June 30, 2023. D) Insurance financing of $51,100, which is being paid down with ten equal monthly payments of $5,100.
(2)	The balance consists of $3,746,500 of secured notes, and $517,000 unsecured notes payable.
(3)	Secured notes.

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NOTE 11 – RELATED PARTY TRANSACTIONS

Notes payable and accrued interest due to certain related parties are as follows:

	June 30, 2023		December 31, 2022
	(unaudited)
Short term notes	$	125,000	$	125,000
Accrued interest		62,000		59,000
Total short-term notes and accrued interest - Related parties	$	187,000	$	184,000

NOTE 12 – EQUITY TRANSACTIONS

2023 Common Stock Transactions

During the six months ended June 30, 2023, no new equity transactions have occurred.

2022 Common Stock Transactions

During the six months ended June 30, 2022, no new equity transactions have occurred.

Non-controlling Interest

The non-controlling interest presented in our condensed consolidated financial statements reflects a 46% non-controlling equity interest in PWS and 49% non-controlling equity interest in PelleChar. Net losses attributable to non-controlling interest, as reported on our condensed consolidated statements of operations, represents the net loss of each entity attributable to the non-controlling equity interest. The non-controlling interest is reflected within stockholders’ equity on the condensed consolidated balance sheet.

NOTE 13 – CUSTOMER CONCENTRATIONS

The Company had sales from operations to three customers, for the six months ended June 30, 2023, and 2022 that surpassed the 10% threshold of total revenue, respectively. In total, these customers represented approximately 43% and 53% of our total sales, respectively. The concentration of the Company’s business with a relatively small number of customers may expose us to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to cease being customers for non-financial related issues.

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NOTE 14 – NET GAIN OR LOSS PER SHARE

Basic net gain or loss per share is computed by dividing net gain or loss attributable to common shareholders by the weighted average number of common shares outstanding. Diluted net gain or loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares. Potentially dilutive securities are excluded from the calculation when their effect would be anti-dilutive. For six months ended June 30, 2023, all potentially dilutive securities have been excluded from the diluted share calculations because they were anti-dilutive as a result of the net losses incurred for the respective period, or were dilutive, but the exercise prices were above the stock price for the entire period, deeming them not to be converted, or exercised during the period. Accordingly, basic shares equal diluted shares for all periods presented.

Potentially dilutive securities were comprised of the following (unaudited):

	For the Six Months Ended June 30,
	2023		2022
Warrants		-		200,000
Options		1,000,000		1,590,000
Convertible notes payable, including accrued interest		3,392,200		3,170,700
		4,392,200		4,960,700

NOTE 15 – DISCONTINUED SEM OPERATIONS

On January 1, 2023, the Company’s board of directors, by unanimous consent, adopted a resolution to discontinue operations of the Company’s wholly owned subsidiary, SEM, LLC. For the unaudited three and six months ended June 30, 2023 and 2022, all operations from SEMS have been reported as discontinued operations.

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

	June 30,		December 31,
	2023		2022
	(unaudited)
ASSETS
Property and equipment, net	$	54,200		217,200
Total Assets held for sale	$	54,200	$	217,200
LIABILITIES
Accounts payable	$	27,600		40,900
Accrued liabilities		10,000		10,000
Current portion of long-term debt		21,100		25,400
Total current liabilities		58,700		76,300
Long-term debt		-		9,200
Total liabilities held for sale	$	58,700	$	85,500

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

	For the Six Months ended
	June 30,
	2023			2022
Product revenue	$	-		$	120,400
Product costs		-			(130,500	)
General and administrative expenses		(14,300	)		(25,800	)
Salaries and related expenses		-			(17,200	)
Other income (expense)		174,600			(2,200	)
Total income (expense)		160,300			(175,700	)
Operating income (loss)		160,300			(55,300	)
Income tax benefit		-			-
Total income (loss) from discontinued operations	$	160,300		$	(55,300	)

NOTE 16 – SEGMENT INFORMATION AND MAJOR CUSTOMERS

The Company currently has identified two segments as follows:

MV, PelleChar	Environmental Solutions
PWS	Solid Waste

The composition of our current reportable segments is consistent with that used by our chief decision makers to evaluate performance and allocate resources. All of our operations are located in the U.S. The Company has not allocated corporate selling, general and administrative expenses, and stock-based compensation to the segments. All intercompany transactions have been eliminated.

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Segment information for the (unaudited) three and six months ended June 30, 2023 and 2022 is as follows:

Three Months ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste			Corporate			Total
Revenue	$	731,200	$	-		$	-		$	731,200
Depreciation and amortization		5,600		-			-			5,600
Interest expense		200		-			225,400			225,600
Stock-based compensation		-		-			-			-
Net income (loss) attributable to SEER common stockholders		183,300		(1,000	)		(621,000	)		(438,700	)
Capital expenditures (cash and noncash)		-		-			-			-
Total assets	$	765,200	$	-		$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,053,700	$	50,000		$	-		$	1,103,700
Depreciation and amortization		21,200		9,600			(2,100	)		28,700
Interest expense		700		-			187,900			188,600
Net income (loss) attributable to SEER common stockholders		22,000		(35,900	)		(527,400	)		(541,300	)
Capital expenditures (cash and noncash)		3,500		-			-			3,500
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

Six Months Ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste		Corporate			Total
Revenue	$	1,284,400	$	-	$	-		$	1,284,400
Depreciation and amortization		11,200		-		-			11,200
Interest expense		500		-		431,100			431,600
Stock-based compensation		-		-		-			-
Net income (loss) attributable to SEER common stockholders		35,700		8,500		(1,262,300	)		(1,218,100	)
Capital expenditures (cash and noncash)		-		-		-			-
Total assets	$	765,200	$	-	$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,809,700	$	100,000		$	-		$	1,909,700
Depreciation and amortization		32,200		17,000			9,800			59,000
Interest expense		2,500		1,900			373,200			377,600
Net income (loss) attributable to SEER common stockholders		58,500		(41,800	)		(948,700	)		(932,000	)
Capital expenditures (cash and noncash)		31,800		-			-			31,800
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

(1) Segment information excludes the results of SEM, which was discontinued January 1, 2023, except net income (loss), of which SEM is categorized as discontinued operations. (See Note 15)

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion is intended to assist you in understanding our business and the results of our operations. It should be read in conjunction with the Condensed Consolidated Financial Statements and the related notes that appear elsewhere in this report as well as our Report on Form 10-K filed with the Securities and Exchange Commission on April 14, 2023. Certain statements made in our discussion may be forward looking. Forward-looking statements involve risks and uncertainties and a number of factors could cause actual results or outcomes to differ materially from our expectations. These risks, uncertainties, and other factors include, among others, the risks described in our Annual Report on Form 10-K filed with the Securities and Exchange Commission, as well as other risks described in this Quarterly Report. Unless the context requires otherwise, when we refer to “we,” “us” and “our,” we are describing Strategic Environmental & Energy Resources, Inc. and its consolidated subsidiaries on a consolidated basis.

SEER BUSINESS OVERVIEW

Strategic Environmental & Energy Resources, Inc. (“the Company” or “SEER”) was originally organized under the laws of the State of Nevada on February 13, 2002. SEER is dedicated to assembling complementary service and clean-technology environmental businesses that provide safe, innovative, cost effective, and profitable solutions in the environmental, waste management and renewable energy industries. SEER currently operates four companies. Through these operating companies, SEER provides products and services throughout North America. Some of SEER’s current customers include Cargill, ConAgra, Simplot, JBS, and many other companies in the food, beverage, and agricultural space, as well as water treatment and landfill businesses.

The Company’s domestic strategy is to grow internally through SEER’s subsidiaries that have well established revenue streams and, simultaneously, establish long-term alliances with and/or acquire complementary domestic businesses in rapidly growing markets for renewable energy, waste and water treatment and industrial services. The focus of the SEER family of companies, however, is to increase margins by securing or developing proprietary patented and patent-pending technologies and then leveraging its 25 plus-year service experience to place these innovations and solutions into the growing markets of emission capture and control, renewable “green gas” capture and sale, as well as general solid waste and medical/pharmaceutical waste destruction. Many of SEER’s current operating companies share customer bases and each provides synergistic services, technologies and products.

Subsidiaries

Wholly owned

MV, LLC (d/b/a MV Technologies), (“MV”): (operating since 2003) MV designs and sells patented and/or proprietary, dry scrubber solutions for management of Hydrogen Sulfide (H₂S) in biogas, landfill gas, and petroleum processing operations. These system solutions are marketed under the product names H2SPlus™ and OdorFilter™. The markets for these products include landfill operations, agricultural and food product processors, wastewater treatment facilities, and petroleum product refiners. MV also develops and designs proprietary technologies and systems used to condition biogas for use as renewable natural gas (“RNG”), for a number of applications, such as transportation fuel and natural gas pipeline injection.

SEER Environmental Materials, LLC (“SEM”): (formed September 2015) is a wholly owned subsidiary established as a materials technology business with the original purpose of developing advanced chemical absorbents and catalysts that enhance the capability of biogas produced from, landfill, wastewater treatment operations and agricultural digester operations. January 1, 2023, the operations of SEM were discontinued. Results for the six months ended June 30, 2023 and 2022 are included in discontinued operations. The entity remains active and will now be used to form a joint venture to manufacture licensed biochar products and/or process and repurpose windmill blades. The initial facility is currently targeted for Texas.

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Majority owned

Paragon Waste Solutions, LLC (“PWS”): (formed late 2010) PWS is an operating company that has developed a patented waste destruction technology using a pyrolytic heating process combined with “non-thermal plasma” assisted oxidation. This technique involves gasification of solid waste by heating the waste in a low-oxygen environment, followed by complete oxidation at higher temperatures in the presence of plasma. The term “non-thermal plasma” refers to a low energy ionized gas that is generated by electrical discharges between two electrodes. This technology, commercially referred to as CoronaLux™, is designed and intended for the “clean” destruction of hazardous chemical and biological waste (i.e., hospital “red bag” waste) thereby eliminating the need for costly segregation, transportation, incineration or landfill (with their associated legacy liabilities). PWS is a 54% owned subsidiary.

PWS recently sold certain assets and its technology and associated IP to its joint venture partner, Paragon Southwest Medical Waste, LLC (“PSMW”)(see below). The sale was a unit transfer transaction. PWS retained certain international rights and continues to promote and market the CoronaLux technology in international markets.

ReaCH4BioGas (“Reach” or “Benefuels”) (trade name for Benefuels, LLC): (formed February 2013) owned 85% by SEER. Reach develops renewable natural gas projects that convert raw biogas into pipeline quality gas and/or Renewable, “RNG”, for fleet vehicles. Reach has had minimal operations as of June 30, 2023.

PelleChar, LLC (“PelleChar”): (formed September 2018) owned 51% by SEER. PelleChar has secured third-party pellet manufacturing capabilities from one of the nation’s premier pellet manufacturers. Working closely with Biochar Now, LLC, PelleChar commenced sales in 2019 of its proprietary pellets containing the proven and superior Biochar Now product starting with the landscaping and big agriculture markets. At this time, PelleChar is the only company able to offer a soil amendment pellet containing the Biochar Now product that is produced using the patented pyrolytic process. PelleChar activity to date relates to startup of operations, and an increasing sales effort. Revenue and expenses of PelleChar were not material for the six months ended June 30, 2023.

Joint Ventures

Paragon Southwest Joint Venture: In December 2017, PWS and GulfWest Waste Solutions, LLC (“GWWS”) formed Paragon Southwest Medical Waste, LLC (“PSMW”) to exploit the PWS medical waste destruction technology. PSMW has an exclusive license to the CoronaLux™ technology in a six-state area of the Southern United States. In 2017, PSMW purchased and installed three CoronaLux™ units at an PSMW facility. In July 2022, the Company exchanged its patents and related technology to its joint venture, PSMW, in exchange for units in PSMW. The Company’s interest in PSMW was converted to a 2% interest in Amlon Holdings in June 2023 when PSMW was acquired by Amlon Holdings.

Eco SEER Saudi: On December 17, 2022, SEER and Eco Tadweer (“ET”), a business entity incorporated in the Kingdom of Saudi Arabia (“KSA”) entered into a joint venture with SEER owning a minority, non-controlling 49% interest in the joint venture. The purpose of the joint venture is to market and monetize SEER’s technologies in and around the KSA. While SEER is entitled to appoint one of three managers, ET is responsible for funding, operation and management of the joint venture.

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SEER’s Financial Condition and Liquidity

As shown in the accompanying consolidated financial statements, the Company has experienced recurring losses, and has accumulated a deficit of approximately $33.2 million as of June 30, 2023, and $32.0 million as of December 31, 2022. For the six months ended June 30, 2023, the Company incurred a net loss of approximately $1.2 million and for the six months ended June 30, 2022, the Company incurred a net loss of approximately $0.9 million. The Company had a working capital deficit of approximately $10.6 million as of June 30, 2023, and a working capital deficit of $9.4 million as of December 31, 2022. These factors raise substantial doubt about the ability of the Company to continue to operate as a going concern.

Realization of a major portion of the Company’s assets as of June 30, 2023, is dependent upon continued operations. The Company is dependent on generating additional revenue or obtaining adequate capital to fund operating losses until it becomes profitable. For the six months ended June 30, 2023, the Company raised approximately $0.9 million from the issuance of short-term and long-term debt, for a net cash provided by financing activities of approximately $0.7 million. In addition, the Company has undertaken a number of specific steps to continue to operate as a going concern. The Company continues to focus on developing organic growth in our operating companies and improving gross and net margins through increased attention to pricing, aggressive cost management and overhead reductions, including discontinuing SEM, a line of business with historically insufficient margins. The Company has limited common shares available for issue which may limit the ability to raise capital or settle debt through issuance of shares. The Company has increased business development efforts to address opportunities identified in expanding markets attributable to increased interest in energy conservation and emission control regulations. In addition, the Company is evaluating various forms of financing which may be available to it. There can be no assurance that the Company will secure additional financing for working capital, increase revenues and achieve the desired result of net income and positive cash flow from operations in future years. These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable to report on a going concern basis.

Results of Operations for the Three Months Ended June 30, 2023, and 2022

Total revenues were $0.7 million and $1.1 million for the three months ended June 30, 2023, and 2022, respectively. The decrease of approximately $0.4 million or 34% in revenues comparing the three months ended June 30, 2023, to the three months ended June 30, 2022, is attributable to the decreases in revenues from our products segment revenue, which includes our environmental solutions segment. Our product percent-complete contract revenue decreased due to several material projects being postponed due to site preparation delays.

Operating expenses, which include cost of products, cost of solid waste, general and administrative (G&A) expenses, and salaries and related expenses, were approximately $1.1 million for the three months ended June 30, 2023 and approximately $1.4 million for the three months ended June 30, 2022. Product costs decreased $0.3 million for the three months ended June 30, 2023, compared to the three months ended June 30, 2022, due to above mentioned percent-complete project delays.

Total other income and expense was a net expense of $0.2 million for both the three months ended June 30, 2023 and 2022. The majority of other income and expense is interest expense, with was consistent at $0.2 million for both the three months ended June 30, 2023 and 2022.

There is no provision for income taxes for both the three months ended June 30, 2023, and 2022, due to our net losses for both periods and we continue to maintain full allowances covering our net deferred tax benefits as of June 30, 2023, and 2022.

Loss from continuing operations was approximately $0.6 million and $0.5 million, for the three months ended June 30, 2023 and 2022, respectively. The net loss attributable to SEER after adding $2,100 for the non-controlling interest and deducting $0.2 million of income from discontinued operations was $0.4 million for the three months ended June 30, 2023, as compared to a net loss of $0.5 million, after deducting $18,200 in non-controlling interest and deducting $34,000 loss from discontinued operations, for the three months ended June 30, 2022. As noted above, income from discontinued operations, partially offset by a decrease in revenue, decreased net loss by $0.1 million.

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Results of Operations for the Six Months Ended June 30, 2023, and 2022

Total revenues were $1.3 million and $1.9 million for the six months ended June 30, 2023, and 2022, respectively. The decrease of approximately $0.6 million or 33% in revenues comparing the six months ended June 30, 2023, to the six months ended June 30, 2022, is attributable to the decreases in revenues from our products segment revenue, which includes our environmental solutions segment, and our solid waste segment. Our product percent-complete contract revenue decreased due to several material projects being postponed due to site preparation delays. Our solid waste segment also decreased $0.1 million, as we no longer collect a management fee from our PWS subsidiary.

Operating expenses, which include cost of products, cost of solid waste, general and administrative (G&A) expenses, and salaries and related expenses, were approximately $2.3 million for the six months ended June 30, 2023 and approximately $2.6 million for the six months ended June 30, 2022. Product costs decreased $0.3 million for the six months ended June 30, 2023, compared to the six months ended June 30, 2022 due to above mentioned percent-complete project delays.

Total other income and expense was a net expense of $0.4 million for the six months ended June 30, 2023, compared to $0.2 million for the six months ended June 30, 2022. The majority of other income and expense is interest expense, with was consistent at $0.4 million for both the six months ended June 30, 2023 and 2022. The prior year period also included a $0.1 million gain on debt extinguishment from the forgiveness of the Company’s PPP Loans from the US Treasury.

There is no provision for income taxes for both the six months ended June 30, 2023, and 2022, due to our net losses for both periods and we continue to maintain full allowances covering our net deferred tax benefits as of June 30, 2023, and 2022.

Loss from continuing operations was approximately $1.4 million and $0.9 million, for the six months ended June 30, 2023 and 2022, respectively. The net income attributable to SEER after adding $700 for the non-controlling interest and $160,300 gain from discontinued operations was $1.2 million for the six months ended June 30, 2023, as compared to a net loss of $0.9 million, after deducting $22,200 in non-controlling interest and deducting $0.1 million loss from discontinued operations, for the six months ended June 30, 2022. As noted above, the decrease in margin, prior years gain on debt distinguishment, partially offset by current year’s income from discontinued operations, increased net loss by $0.3 million.

22

Results of Discontinued Operations for the Six Months Ended June 30, 2023 and 2022

As of January 1, 2023, the Company abandoned its SEM subsidiary. All revenue and expenses of our SEMS subsidiary for 2023 are classified as discontinued operations.

	For the Six Months ended
	June 30,
	2023			2022
Services revenue	$	-		$	120,400
Services costs		-			(130,500	)
General and administrative expenses		(14,300	)		(25,800	)
Salaries and related expenses		-			(17,200	)
Other Expense		174,600			(2,200	)
Total expenses		160,300			(175,700	)
Operating income		160,300			(55,300	)
Income tax benefit		-			-
Total income (loss) from discontinued operations	$	160,300		$	(55,300	)

There is no provision for income taxes for both the six months ended June 30, 2023, and 2022, due to our net loss carryforwards and we continue to maintain full allowances covering our net deferred tax benefits as of June 30, 2023 and 2022.

Changes in Cash Flow

Operating Activities

The Company had net cash used by operating activities for the six months ended June 30, 2023, and 2022 of $1.0 million and $0.4 million, respectively. Cash used by operating activities is driven by our net loss and adjusted by non-cash items as well as changes in operating assets and liabilities. Non-cash adjustments primarily include depreciation and amortization of intangible assets. Net loss of $0.9 million for the six months ended June 31, 2022 increased to $1.2 million for the six months ended June 30, 2023. Non-cash adjustments increased cash uses of $0.2 million for the six months ended June 30, 2023, compared to cash uses of $17,800 for the six months ended June 30, 2022.

In addition to the non-cash adjustments to net income, changes in assets and liabilities include:

a)	changes in accounts payable, accrued liabilities, and customer deposits provided $0.2 million in the first six months of 2023, compared to providing $0.8 million in the first six months of 2022,
b)	changes in contract assets provided $0.1 million in the first six months of 2023, compared to using $0.2 million in the first six months of 2022,
c)	changes in contract liabilities used $23,000 in the first six months of 2023, compared to using $0.2 million in the first three months of 2022, and
d)	changes in accounts receivable provided $0.1 million in the first six months of 2023, compared to using $27,600 in the first three months of 2022.

Investing activities

Net cash provided by investing activities was $0.3 million for the six months ended June 30, 2023, compared to a use of $31,800 for the six months ended June 30, 2022. The Company sold fixed assets during the current year and collected $0.3 million.

23

Financing Activities

Net cash provided by financing activities was approximately $0.7 million for the six months ended June 30, 2023, compared with providing $0.3 million for the six months ended June 30, 2022. The Company’s financing activities for both periods consist of new borrowing, net of any principal payments made during the period.

Critical Accounting Policies, Judgments and Estimates

Use of Estimates

The preparation of these consolidated financial statements in conformity with accounting principles generally accepted in the United States (U.S. GAAP) requires management to make a number of estimates and assumptions related to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the forecasted cash flows used in the impairment testing of goodwill and intangible assets. The carrying amount of intangible assets; valuation allowances and reserves for receivables; revenue recognition related to contracts accounted for under the percentage of completion method; and the Company’s ability to continue as a going concern. Actual results could differ from those estimates.

Accounts Receivable and Concentration of Credit Risk

Accounts receivable are recorded at the invoiced amounts less an allowance for doubtful accounts and do not bear interest. The allowance for doubtful accounts is based on our estimate of the amount of probable credit losses in our accounts receivable. We determine the allowance for doubtful accounts based upon an aging of accounts receivable, historical experience and management judgment. Accounts receivable balances are reviewed individually for collectability, and balances are charged off against the allowance when we determine that the potential for recovery is remote. An allowance for doubtful accounts of approximately $179,000 has been reserved as of June 30, 2023, and December 31, 2022.

The Company is exposed to credit risk in the normal course of business, primarily related to accounts receivable. Our customers operate primarily in the food, beverage, and agricultural space, as well as water treatment and landfill industries in the United States. Accordingly, we are affected by the economic conditions in these industries as well as general economic conditions in the United States. To limit credit risk, management periodically reviews and evaluates the financial condition of its customers and maintains an allowance for doubtful accounts. As of June 30, 2023, and December 31, 2022, we do not believe that we have significant credit risk.

Fair Value of Financial Instruments

The carrying amounts of our financial instruments, including accounts receivable and accounts payable, are carried at cost, which approximates their fair value due to their short-term maturities. We believe that the carrying value of notes payable with third parties, including their current portion, approximate their fair value, as those instruments carry market interest rates based on our current financial condition and liquidity. We believe the amounts due to related parties also approximate their fair value, as their carried interest rates are consistent with those of our notes payable with third parties.

Long-lived Assets

The Company evaluates the carrying value of long-lived assets for impairment on an annual basis or whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. An asset is considered to be impaired when the anticipated undiscounted future cash flows of an asset group are estimated to be less than its carrying value. The amount of impairment recognized is the difference between the carrying value of the asset group and its fair value. Fair value estimates are based on assumptions concerning the amount and timing of estimated future cash flows. No impairments were determined as of June 30, 2023.

24

Revenue Recognition

Revenue is recognized under FASB guidelines, which requires an evaluation of revenue arrangements with customers following a five-step approach: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when (or as) the company satisfies each performance obligation. Revenues are recognized when control of the promised services are transferred to the customers in an amount that reflects the expected consideration in exchange for those services. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the services. Other major provisions of the guidance include capitalization of certain contract costs, consideration of the time value of money in the transaction price and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Not Applicable.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

The Company maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in our filings with the Securities and Exchange Commission (SEC) are recorded, processed, summarized and reported within the time period specified in the SEC’s rules and forms, and that such information is accumulated and communicated to management, including our chief executive officer and chief financial officer, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure based on the definition of “disclosure controls and procedures” as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

As of the end of the period covered by this report, and under the supervision and with the participation of our management, including our Chief Executive Officer and the person performing the similar function as Chief Financial Officer, we evaluated the effectiveness of the design and operation of these disclosure controls and procedures. Based on this evaluation and subject to the foregoing, our Chief Executive Officer and Interim Chief Financial Officer concluded that our disclosure controls and procedures were not effective.

Management’s Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the company’s principal executive and principal financial officers and effected by the company’s board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:

● Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company;

● Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and

● Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.

25

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

We carried out an assessment, under the supervision and with the participation of our management, including our CEO and Interim CFO, of the effectiveness of the design and operation of our internal controls over financial reporting, as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as of June 30, 2023. In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control — Integrated Framework (2013). Based on that assessment and on those criteria, our CEO and Interim CFO concluded that our internal control over financial reporting was not effective as of June 30, 2023. The principal basis for this conclusion is (i) failure to engage sufficient resources regarding our accounting and reporting obligations during our startup and (ii) failure to fully document our internal control policies and procedures.

This quarterly report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. The management’s report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the SEC that permit us to provide only the management’s report in this quarterly report.

The Company’s management, including the Company’s CEO and Interim CFO, does not expect that the Company’s internal control over financial reporting will prevent all errors and all fraud. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree or compliance with the policies or procedures may deteriorate.

Changes in Internal Control over Financial Reporting

There were no significant changes in our internal control over financial reporting during the last fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. Legal Proceedings

Not Applicable.

ITEM 1A. Risk Factors

Please review our report on Form 10-K Part 1, Item 1A for a complete statement of “Risk Factors” that pertain to our business.

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

The $500,000 secured short-term note issued on February 1, 2019, was past due as of June 30, 2023. We have accrued 100,000 shares of Company stock per month, recorded as interest, as penalty shares per agreement with the lender, until paid, through December 31, 2020, in accordance with a verbal agreement with the lender. No further share accrual is being made. A total of 1,850,000 penalty shares are accrued, and due on demand, in accordance with this borrowing. Unpaid interest is approximately $30,000 as of the date of this report.

26

The $100,000 secured short-term note issued on July 2, 2019, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 12% per annum, which is a total of approximately $48,000 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $150,000 secured short-term note issued on July 18, 2019, was past due as of June 30, 2023. We have accrued 15,000 shares of Company stock per month, which increased to 30,000 shares of common stock per month beginning March 16, 2020, recorded as interest, as penalty shares per agreement with the lender, until paid, through December 31, 2020, in accordance with a verbal agreement with the lender. A total of 360,000 penalty shares are accrued and due on demand, in accordance with this borrowing. Unpaid interest is approximately $10,000 as of the date of this report.

The $300,000 secured short-term note issued on October 17, 2019, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 15% per annum, which is a total of approximately $166,800 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $450,000 secured short-term note issued on December 14, 2019, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 15% per annum, which is a total of approximately $239,300 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $100,000 secured short-term note issued on March 16, 2020, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 14% per annum, which is a total of approximately $46,100 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $50,000 secured short-term note issued on March 17, 2020, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 14% per annum, which is a total of approximately $23,000 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $220,000 secured short-term note issued on July 8, 2020, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 15% per annum, which is a total of approximately $98,300 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

27

The $120,000 secured short-term note issued on August 18, 2020, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 15% per annum, which is a total of approximately $51,500 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $280,000 secured short-term note issued on September 3, 2020, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 15% per annum, which is a total of approximately $118,500 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $500,000 secured short-term note issued on August 15, 2022, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 10% per annum, which is a total of approximately $43,600 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $100,000 secured short-term note issued on July 20, 2022, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 10% per annum, which is a total of approximately $7,600 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

The $500,000 secured long-term note issued on July 13, 2018, was past due as of June 30, 2023. We are continuing to accrue interest at the stated rate of 20% per annum, which is a total of approximately $496,500 as of the date of this report, until the loan is paid in full, or an extension agreement is reached with the lender. We are in on-going discussions with our lenders regarding the terms and conditions of the respective loans. Although we have not obtained a written waiver(s) or entered into an amendment(s) formally extending or revising debt terms in all instances, the lenders, most of whom are also shareholders, have and are continuing to cooperate with the company in order to resolve the matters in the best interest of all parties.

ITEM 4. MINE SAFETY DISCLOSURES

Not Applicable.

ITEM 5. OTHER INFORMATION

On June 30, 2023, the Company engaged an Interim Chief Financial Officer, Clark Knopik. Mr. Knopik previously served as Interim Chief Financial Officer to the Company from August 2019 to September 2022. Mr. Knopik, 52, is a Certified Public Accountant, with over 25 years of experience in both public and private accounting across a wide range of industries. From October 2022 to May 2023, Mr. Knopik served in the SEC Reporting Department of Bumble. Mr. Knopik also currently serves, and since 2013 has served, as an independent consultant, serving various sized companies with SEC compliance, and other technical accounting needs. Mr. Knopik has no family relationships with other executives, nor the directors. No contractual obligations exist for either the Company or Mr. Knopik. Mr. Knopik is being paid $60,000 for 500 hours of service.

28

ITEM 6. EXHIBITS

EXHIBIT INDEX

31.1*	Certification of Principal Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934
31.2*	Certification of Principal Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934
32.1**	Certification of Principal Executive Officer) pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**	Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS***	Inline XBRL Instance Document
101.SCH***	Inline XBRL Taxonomy Extension Schema Document
101.CAL***	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF***	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB***	Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE***	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

*	Filed herewith.
**	This certification is deemed not filed for purposes of section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended or the Exchange Act.
***	Pursuant to applicable securities laws and regulations, these interactive data files will not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to the liability of that section, nor will they be deemed filed or made a part of a registration statement or prospectus for purposes of Sections 11 and 12 of the Securities Act of 1933, or otherwise subject to liability under those sections.

29

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: August 21, 2023	STRATEGIC ENVIRONMENTAL & ENERGY RESOURCES, INC.
	By	/s/ J. John Combs III
		J. John Combs III
		Chief Executive Officer with Responsibility to sign on behalf of Registrant as a duly authorized officer and principal executive officer
	By	/s/ Clark Knopik
		Clark Knopik
		Interim Chief Financial Officer with responsibility to sign on behalf of Registrant as a duly authorized officer and principal financial officer

30

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, J. John Combs III, certify that:

1. I have reviewed this Form 10-Q for the period ended June 30, 2023, of Strategic Environmental & Energy Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 21, 2023
	/s/ J. John Combs III
	J. John Combs III

EX-31.2

EXHIBIT 31.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Clark Knopik, certify that:

1. I have reviewed this Form 10-Q for the period ended June 30, 2023, of Strategic Environmental & Energy Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 21, 2023
	/s/ Clark Knopik
	Clark Knopik

EX-32.1

EXHIBIT 32.1

CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER

Pursuant to 18 U.S.C. 1350

(Section 906 of the Sarbanes-Oxley Act of 2002)

In connection with the Strategic Environmental & Energy Resources, Inc. (the “Company”) Quarterly Report on Form 10-Q for the period ended June 30, 2023, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, J. John Combs III, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company.

Dated: August 21, 2023

/s/ J. John Combs III

J. John Combs III

President and Chief Executive Officer

EX-32.2

EXHIBIT 32.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER

Pursuant to 18 U.S.C. 1350

(Section 906 of the Sarbanes-Oxley Act of 2002)

In connection with the Strategic Environmental & Energy Resources, Inc. (the “Company”) Quarterly on Form 10-Q for the period ended June 30, 2023, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Clark Knopik, Interim Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company.

Dated: August 21, 2023

/s/ Clark Knopik

Clark Knopik

Interim Chief Financial Officer

XML

Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 14, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-54987
Entity Registrant Name	Strategic Environmental & Energy Resources, Inc.
Entity Central Index Key	0001576197
Entity Tax Identification Number	02-0565834
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	370 Interlocken Blvd
Entity Address, Address Line Two	Suite 680
Entity Address, City or Town	Broomfield
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80021
City Area Code	303
Local Phone Number	277-1625
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		65,088,575

XML

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2023	Dec. 31, 2022	[1]
Current Assets
Cash and cash equivalents	$ 53,700	$ 21,500
Accounts receivable, net of allowance for doubtful accounts of $179,000	536,300	640,500
Inventory	16,700	9,400
Contract assets	74,000	138,700
Prepaid expenses and other current assets	98,600	85,800
Assets held for sale	54,200	217,200
Total Current Assets	833,500	1,113,100
Property and equipment, net	28,800	38,600
Intangible Assets, net	19,300	20,700
Right of use assets	221,300	249,700
Investments	182,200	182,200
Other assets	40,100	40,100
TOTAL ASSETS	1,325,200	1,644,400
Current Liabilities
Accounts payable	845,100	1,044,700
Accrued liabilities	3,371,200	2,953,800
Contract liabilities	513,000	536,000
Deferred revenue	13,900
Short term notes	4,263,500	3,518,000
Short term notes and accrued interest - related party	187,000	184,000
Convertible notes	1,605,000	1,605,000
Current portion of long term debt	504,400	504,300
Current portion of lease liabilities	67,600	63,100
Liabilities held for sale	58,700	85,500
Total Current Liabilities	11,429,400	10,494,400
Lease liabilities net of current portion	182,900	217,400
Long term debt	1,838,300	1,840,600
Total Liabilities	13,450,600	12,552,400
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued
Common stock; $.001 par value; 70,000,000 shares authorized; 65,088,575 shares issued, issuable** and outstanding June 30, 2023 and December 31, 2022	65,100	65,100
Common stock issuable	25,000	25,000
Additional paid-in capital	22,973,800	22,973,800
Stock Subscription receivable	(25,000)	(25,000)
Accumulated deficit	(33,223,200)	(32,005,100)
Total stockholders’ deficit	(10,184,300)	(8,966,200)
Non-controlling interest	(1,941,100)	(1,941,800)
Total Deficit	(12,125,400)	(10,908,000)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 1,325,200	$ 1,644,400

[1] Derived from audited information

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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)		Jun. 30, 2023	Dec. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Allowance for doubtful accounts		$ 179,000	$ 179,000
Preferred stock, par value		$ 0.001	$ 0.001
Preferred stock, shares authorized		5,000,000	5,000,000
Preferred stock, shares issued		0	0
Common stock, par value		$ 0.001	$ 0.001
Common stock, shares authorized		70,000,000	70,000,000
Common stock, shares issued	[1]	65,088,575	65,088,575
Common stock, shares outstanding		65,088,575	65,088,575
Common stock, shares issuable	[1]	65,088,575	65,088,575
Note Agreements [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, shares issuable		2,785,000	2,785,000

[1] Includes 2,785,000 shares issuable as of June 30, 2023, and December 31, 2022, per terms of note agreements.

XML

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Total revenue	$ 731,200	$ 1,103,700	$ 1,284,400	$ 1,909,700
Operating expenses:
Products costs	494,900	799,300	983,900	1,356,500
Solid waste costs		7,400		14,800
General and administrative expenses	322,800	289,200	658,100	552,300
Salaries and related expenses	300,100	326,900	608,600	659,200
Total operating expenses	1,117,800	1,422,800	2,250,600	2,582,800
Loss from operations	(386,600)	(319,100)	(966,200)	(673,100)
Other income (expense):
Interest expense	(225,600)	(188,600)	(431,600)	(377,600)
Gain on debt extinguishment				96,600
Other income (expense)	(600)	400	20,100	77,400
Total non-operating expense, net	(226,200)	(188,200)	(411,500)	(203,600)
Loss from continuing operations	(612,800)	(507,300)	(1,377,700)	(876,700)
Income (loss) from discontinued operations, net of tax	172,000	(34,000)	160,300	(55,300)
Net Loss	(440,800)	(541,300)	(1,217,400)	(932,000)
Less: Net income (loss) attributable to non-controlling interest	(2,100)	(18,200)	700	(22,200)
Net Loss attributable to SEER common stockholders	$ (438,700)	$ (523,100)	$ (1,218,100)	$ (909,800)
Basic earnings per share attributable to SEER common stockholders
Loss from continuing operations, per share	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.01)
Income from discontinued operations, per share	0.00	(0.00)	0.00	(0.00)
Net Loss per share, basic	(0.01)	(0.01)	(0.02)	(0.01)
Fully diluted earnings per share attributable to SEER common stockholders
Loss from continuing operations, per share	(0.01)	(0.01)	(0.02)	(0.01)
Income from discontinued operations, per share	0.00	(0.00)	0.00	(0.00)
Net Loss per share, basic	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.01)
Weighted average shares outstanding – basic	65,088,575	65,088,575	65,088,575	65,088,575
Weighted average shares outstanding – diluted	65,088,575	65,088,575	65,088,575	65,088,575
Product [Member]
Revenue:
Total revenue	$ 731,200	$ 1,053,700	$ 1,284,400	$ 1,809,700
Solid Waste [Member]
Revenue:
Total revenue		$ 50,000		$ 100,000

XML

Condensed Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Common Stock Subscribed [Member]	Stock Subscription Receivable [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2021		$ 65,100	$ 22,973,800	$ 25,000	$ (25,000)	$ (29,364,800)	$ (1,870,600)	$ (8,196,500)
Beginning balance, shares at Dec. 31, 2021		65,088,600
Net loss						(386,600)	(4,100)	(390,700)
Ending balance, value at Mar. 31, 2022		$ 65,100	22,973,800	25,000	(25,000)	(29,751,400)	(1,874,700)	(8,587,200)
Ending balance, shares at Mar. 31, 2022		65,088,600
Beginning balance, value at Dec. 31, 2021		$ 65,100	22,973,800	25,000	(25,000)	(29,364,800)	(1,870,600)	(8,196,500)
Beginning balance, shares at Dec. 31, 2021		65,088,600
Net loss								(932,000)
Ending balance, value at Jun. 30, 2022		$ 65,100	22,973,800	25,000	(25,000)	(30,274,500)	(1,892,900)	(9,128,500)
Ending balance, shares at Jun. 30, 2022		65,088,600
Beginning balance, value at Mar. 31, 2022		$ 65,100	22,973,800	25,000	(25,000)	(29,751,400)	(1,874,700)	(8,587,200)
Beginning balance, shares at Mar. 31, 2022		65,088,600
Net loss						(523,100)	(18,200)	(541,300)
Ending balance, value at Jun. 30, 2022		$ 65,100	22,973,800	25,000	(25,000)	(30,274,500)	(1,892,900)	(9,128,500)
Ending balance, shares at Jun. 30, 2022		65,088,600
Beginning balance, value at Dec. 31, 2022		$ 65,100	22,973,800	25,000	(25,000)	(32,005,100)	(1,941,800)	(10,908,000)	[1]
Beginning balance, shares at Dec. 31, 2022		65,088,600
Net loss						(779,400)	2,800	(776,600)
Ending balance, value at Mar. 31, 2023		$ 65,100	22,973,800	25,000	(25,000)	(32,784,500)	(1,939,000)	(11,684,600)
Ending balance, shares at Mar. 31, 2023		65,088,600
Beginning balance, value at Dec. 31, 2022		$ 65,100	22,973,800	25,000	(25,000)	(32,005,100)	(1,941,800)	(10,908,000)	[1]
Beginning balance, shares at Dec. 31, 2022		65,088,600
Net loss								(1,217,400)
Ending balance, value at Jun. 30, 2023		$ 65,100	22,973,800	25,000	(25,000)	(33,223,200)	(1,941,100)	(12,125,400)
Ending balance, shares at Jun. 30, 2023		65,088,600
Beginning balance, value at Mar. 31, 2023		$ 65,100	22,973,800	25,000	(25,000)	(32,784,500)	(1,939,000)	(11,684,600)
Beginning balance, shares at Mar. 31, 2023		65,088,600
Net loss						(438,700)	(2,100)	(440,800)
Ending balance, value at Jun. 30, 2023		$ 65,100	$ 22,973,800	$ 25,000	$ (25,000)	$ (33,223,200)	$ (1,941,100)	$ (12,125,400)
Ending balance, shares at Jun. 30, 2023		65,088,600

[1] Derived from audited information

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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Loss from continuing operations	$ (1,377,700)	$ (876,700)
Loss from discontinued operations	160,300	(55,300)
Net Loss	(1,217,400)	(932,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	11,200	59,000
Gain on sale of assets held for sale	(175,600)
Gain on debt distinguishment		(96,600)
Bad debt		19,800
Changes in operating assets and liabilities:
Accounts receivable	104,200	(27,600)
Contract assets	64,700	(164,000)
Inventory	(7,300)	51,500
Prepaid expenses and other assets	66,800	26,600
Accounts payable, accrued liabilities, and customer deposits	204,200	838,300
Contract liabilities	(23,000)	(176,600)
Deferred revenue	13,900	6,400
Assets and liabilities held for sale	(26,700)
Net cash used in operating activities	(985,000)	(395,200)
Cash flows from investing activities:
Purchase of property and equipment		(31,800)
Proceeds from the sale of assets held for sale	338,500
Net cash (used in) provided by investing activities	338,500	(31,800)
Cash flows from financing activities:
Payments of notes	(171,300)	(47,500)
Proceeds from short-term and long-term debt	850,000	319,300
Net cash provided by financing activities	678,700	271,800
Effect of exchange rate changes on cash
Net increase (decrease) in cash	32,200	(155,200)
Cash at the beginning of period	21,500	188,800
Cash at the end of period	53,700	33,600
Supplemental disclosures of cash flow information:
Cash paid for interest	22,200	7,600
Financing of prepaid insurance premiums	51,100	36,800
Non-cash repayment of debt		50,800
Non-cash repayment of debt - PPP Loan		96,600
Non-cash payment of interest		$ 15,400

XML

ORGANIZATION AND FINANCIAL CONDITION

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND FINANCIAL CONDITION

NOTE 1 – ORGANIZATION AND FINANCIAL CONDITION

Organization and Going Concern

Strategic Environmental & Energy Resources, Inc. (“SEER,” or the “Company”), a Nevada corporation, is a provider of next-generation clean-technologies, waste management innovations and related services. SEER has two wholly owned operating subsidiaries and three majority-owned subsidiaries; all of which together provide technology solutions and services to companies primarily in the oil and gas, refining, landfill, food, beverage & agriculture, and renewable fuel industries. The two wholly owned subsidiaries include: 1) MV, LLC (d/b/a MV Technologies) (“MV”), designs and builds biogas conditioning solutions for the production of renewable natural gas, odor control systems and natural gas vapor capture primarily for landfill operations, waste-water treatment facilities, oil and gas fields, refineries, municipalities and food, beverage & agriculture operations throughout the U.S.; 2) Strategic Environmental Materials, LLC, (“SEM”), is a materials technology company focused on development of cost-effective chemical absorbents. SEM was discontinued in 2023 due to its products not meeting customer requirements.

The three majority-owned subsidiaries are 1) Paragon Waste Solutions, LLC (“PWS”), 2) PelleChar, LLC (“PelleChar”), and 3) Benefuels, LLC (“Benefuels”). PWS is currently owned 54% by SEER, PelleChar is owned 51% by SEER, and Benefuels is owned 85% by SEER. Benefuels, focuses specifically on treating biogas for conversion to pipeline quality gas and/or compressed natural gas (“CNG”) for fleet vehicle fuel.

PWS developed specific opportunities to deploy and commercialize patented technologies for a non-thermal plasma-assisted oxidation process that makes possible the clean and efficient destruction of solid hazardous chemical and biological waste (i.e., regulated medical waste, chemicals, pharmaceuticals, and refinery tank waste, etc.) without landfilling or traditional incineration and without harmful emissions. Additionally, this technology “cleans” and conditions emissions and gaseous waste streams (i.e., volatile organic compounds and other greenhouse gases) generated from diverse sources such as refineries, oil fields, and many others. In July 2022, the Company exchanged its patents and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”), in exchange for units in PSMW. The Company exchanged its interest in PSMW for 2% of Amlon Holdings in June 2023 when PSMW was acquired by Amlon Holdings. (See Note 9)

PelleChar was established in September 2018 and is owned 51% by SEER. Pellechar has secured third-party pellet manufacturing capabilities from one of the nation’s premier pellet manufacturers. Working closely with Biochar Now, LLC, Pellechar commenced sales in late 2019 of its proprietary pellets containing the proven and superior Biochar Now product starting with the landscaping and big agriculture markets. At this time, Pellechar is the only company able to offer a soil amendment pellet containing the Biochar Now product that is produced using the patented pyrolytic process.

Principals of Consolidation

The accompanying consolidated financial statements include the accounts of SEER, its wholly owned subsidiaries, SEM, and MV, and its majority-owned subsidiaries PWS and PelleChar, since their respective acquisition or formation dates. All material intercompany accounts, transactions, and profits have been eliminated in consolidation. The Company has non-controlling interest in joint ventures, which are reported on the equity method.

Going Concern

As shown in the accompanying consolidated financial statements, the Company has experienced recurring losses, and has accumulated a deficit of approximately $33.2 million as of June 30, 2023, and $32.0 million as of December 31, 2022. For the six months ended June 30, 2023, the Company incurred a net loss of approximately $1.2 million and for the six months ended June 30, 2022, the Company incurred a net loss of approximately $0.9 million. The Company had a working capital deficit of approximately $10.6 million as of June 30, 2023, and a working capital deficit of $9.4 million as of December 31, 2022. These factors raise substantial doubt about the ability of the Company to continue to operate as a going concern.

Realization of a major portion of the Company’s assets as of June 30, 2023, is dependent upon continued operations. The Company is dependent on generating additional revenue or obtaining adequate capital to fund operating losses until it becomes profitable. For the six months ended June 30, 2023, the Company raised approximately $0.9 million from the issuance of short-term and long-term debt, for a net cash provided by financing activities of approximately $0.7 million. In addition, the Company has undertaken a number of specific steps to continue to operate as a going concern. The Company continues to focus on developing organic growth in our operating companies and improving gross and net margins through increased attention to pricing, aggressive cost management and overhead reductions, including discontinuing SEM, a line of business with historically insufficient margins. The Company has limited common shares available for issue which may limit the ability to raise capital or settle debt through issuance of shares. The Company has increased business development efforts to address opportunities identified in expanding markets attributable to increased interest in energy conservation and emission control regulations. In addition, the Company is evaluating various forms of financing which may be available to it. There can be no assurance that the Company will secure additional financing for working capital, increase revenues and achieve the desired result of net income and positive cash flow from operations in future years. These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable to report on a going concern basis.

Basis of Presentation Unaudited Interim Financial Information

The accompanying interim condensed consolidated financial statements are unaudited. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all the normal recurring adjustments necessary to present fairly the financial position and results of operations as of and for the periods presented. The interim results are not necessarily indicative of the results to be expected for the full year or any future period.

Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company believes that the disclosures are adequate to make the interim information presented not misleading. These consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Report on Form 10-K filed on April 14, 2023, for the year ended December 31, 2022.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates

The preparation of these consolidated financial statements in conformity with accounting principles generally accepted in the United States (U.S. GAAP) requires management to make a number of estimates and assumptions related to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the forecasted cash flows used in the impairment testing of goodwill and intangible assets. The carrying amount of intangible assets; valuation allowances and reserves for receivables; revenue recognition related to contracts accounted for under the percentage of completion method; and the Company’s ability to continue as a going concern. Actual results could differ from those estimates.

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net loss.

Revenue Recognition

In May 2014, the FASB issued guidance on revenue from contracts with customers that superseded most current revenue recognition guidance, including industry-specific guidance. The underlying principle of the guidance is to recognize revenue to depict the transfer of goods or services to customers at an amount to which the company expects to be entitled in exchange for those goods or services. The new guidance requires an evaluation of revenue arrangements with customers following a five-step approach: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when (or as) the company satisfies each performance obligation. Revenues are recognized when control of the promised services are transferred to the customers in an amount that reflects the expected consideration in exchange for those services. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the services. Other major provisions of the guidance include capitalization of certain contract costs, consideration of the time value of money in the transaction price and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. (See Note 3)

Research and Development

Research and development (“R&D”) costs are charged to expense as incurred. R&D expenses consist primarily of salaries, project materials, contract labor and other costs associated with ongoing product development and enhancement efforts. R&D expenses were $0 for both the six months ended June 30, 2023, and 2022.

Inventories

Inventories are stated at the lower of cost or net realizable value on a first in, first out basis and includes the following amounts (unaudited):

	June 30, 2023		December 31, 2022
	(unaudited)
Finished goods	$	16,700	$	9,400
	$	16,700	$	9,400

Income Taxes

The Company accounts for income taxes pursuant to Accounting Standards Codification (“ASC”) 740, Income Taxes, which utilizes the asset and liability method of computing deferred income taxes. The objective of this method is to establish deferred tax assets and liabilities for any temporary differences between the financial reporting basis and the tax basis of the Company’s assets and liabilities at enacted tax rates expected to be in effect when such amounts are realized or settled.

ASC 740 also provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the financial statements. Tax positions must meet a “more-likely-than-not” recognition threshold at the effective date to be recognized. During the six months ended June 30, 2023, and 2022 the Company recognized no adjustments for uncertain tax positions.

The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. No interest and penalties related to uncertain tax positions were recognized as of June 30, 2023, and 2022. The Company expects no material changes to unrecognized tax positions within the next twelve months.

The Company has filed federal and state tax returns through December 31, 2021. The tax periods for the years ending December 31, 2019, through 2022 are open to examination by federal and state authorities.

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REVENUE

6 Months Ended

Jun. 30, 2023

Revenue:

REVENUE

NOTE 3 – REVENUE

Products Revenue

Product revenue generated from contracts with customers, for the manufacture of products for the removal and treatment of hazardous vapor and gases. Total estimated revenue includes all of the following: (1) the basic contract price, (2) contract options, and (3) change orders. Once contract performance is underway, the Company may experience changes in conditions, client requirements, specifications, designs, materials, and expectations regarding the period of performance. Such changes are “change orders” and may be initiated by us or by our clients. In many cases, agreement with the client as to the terms of change orders is reached prior to work commencing; however, sometimes circumstances require that work progress without obtaining client agreement. Revenue related to change orders is recognized as costs are incurred if it is probable that costs will be recovered by changing the contract price. The Company does not incur pre-contract costs. Under the new revenue recognition guidance, the Company found no change in the manner product revenue is recognized. Provisions for estimated losses on uncompleted contracts are recorded in the period in which the losses are identified and included as additional loss. Provisions for estimated losses on contracts are shown separately as liabilities on the balance sheet, if significant, except in circumstances in which related costs are accumulated on the balance sheet, in which case the provisions are deducted from the accumulated costs. A provision as a liability is reported as a current liability.

The Company includes in current assets and current liabilities amounts related to contracts realizable and payable. Costs and estimated earnings in excess of billings on uncompleted contracts represent the excess of contract costs and profits recognized to date over billings to date and are recognized as a current asset. Revenue contract liabilities represent the excess of billings to date over the amount of contract costs and profits recognized to date and are recognized as a current liability.

Products revenue also includes media sales which are recognized as the product is shipped to the customer for use.

Disaggregation of Revenue (Unaudited)

	Three months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	485,400	$	-	$	485,400
Media sales		245,800		-		245,800
Total Revenue	$	731,200	$	-	$	731,200

	Three months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales		740,100		-		740,100
Media sales		313,600		-		313,600
Management fees		-		50,000		50,000
Total Revenue	$	1,053,700	$	50,000	$	1,103,700

	Six months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	862,900	$	-	$	862,900
Media sales		421,500		-		421,500
Total Revenue	$	1,284,400	$	-	$	1,284,400

	Six months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	1,406,400		-	$	1,406,400
Media sales		403,300		-		403,300
Management fees		-		100,000		100,000
Total Revenue	$	1,809,700	$	100,000	$	1,909,700

Contract Balances

Where a performance obligation has been satisfied but not yet invoiced at the reporting date, a contract asset is recognized on the balance sheet. Where a performance obligation has not yet been satisfied but an invoice has been raised at the reporting date, a contract liability is recognized on the balance sheet.

The opening and closing balances of the Company’s accounts receivables and contract liabilities (current and non-current) are as follows:

							Contract Liabilities
	Accounts Receivable,			Contract			Contract			Deferred Revenue		Deferred Revenue
	net			Assets			Liabilities			(current)		(non-current)
Balance as of June 30, 2023 (unaudited)	$	536,300		$	74,000		$	513,000		$	13,900	$	-
Balance as of December 31, 2022		640,500			138,700			536,000			-		-
Increase (decrease)	$	(104,200	)	$	(64,700	)	$	(23,000	)	$	13,900	$	-

The majority of the Company’s revenue is generally invoiced on a weekly or monthly basis, and the payments are generally received within approximately 30-60 days. Contract liabilities are recorded when cash payments are received or due in advance of the Company’s performance, including amounts that are refundable.

Remaining Performance Obligations

As of June 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations was approximately $1.0 million, of which the Company expects to recognize approximately 85% of this revenue over the next 12 months.

The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected term of one year or less and (ii) contracts for which the Company recognizes revenue at the amounts to which it has the right to invoice for services performed.

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PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment was comprised of the following:

	June 30, 2023			December 31, 2022
	(unaudited)
Field and shop equipment	$	453,000		$	395,000
Vehicles		72,500			72,500
Furniture and office equipment		293,400			333,800
Leasehold improvements		36,200			36,200
		855,100			837,500
Less: accumulated depreciation and amortization		(826,300	)		(798,900	)
Property and equipment, net	$	28,800		$	38,600

Depreciation expense for the three months ended June 30, 2023, and 2022 was $4,900 and $23,100, respectively. For the three months ended June 30, 2023, and 2022, depreciation expense included in cost of goods sold was $4,900 and $19,700, respectively. For the three months ended June 31, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $0 and $3,400, respectively.

Depreciation expense for the six months ended June 30, 2023, and 2022 was $9,800 and $47,900, respectively. For the six months ended June 30, 2023, and 2022, depreciation expense included in cost of goods sold was $9,800 and $38,100, respectively. For the six months ended June 30, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $0 and $9,800, respectively.

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INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

	June 30, 2023
	Gross carrying amount		Accumulated amortization			Impairment		Net carrying value
	(unaudited)		(unaudited)			(unaudited)		(unaudited)
Goodwill	$	-	$	-		$	-	$	-
Customer list		42,500		(42,500	)		-		-
Technology		684,000		(664,700	)		-		19,300
Trade name		54,900		(54,900	)		-		-
	$	781,400	$	(762,100	)	$	-	$	19,300

	December 31, 2022
	Gross carrying amount		Accumulated amortization			Impairment			Net carrying value
Goodwill	$	277,800	$	-		$	(277,800	)	$	-
Customer list		42,500		(42,500	)		-			-
Technology		875,900		(813,300	)		(41,900	)		20,700
Trade name		54,900		(54,900	)		-			-
	$	1,251,100	$	(910,700	)	$	(319,700	)	$	20,700

The estimated useful lives of the intangible assets range from seven to twenty years. Amortization expense was $700 and $5,500 for the three months ended June 30, 2023, and 2022, respectively. Amortization expense was $1,400 and $11,100 for the six months ended June 30, 2023, and 2022, respectively.

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LEASES

6 Months Ended

Jun. 30, 2023

Leases

LEASES

NOTE 6 – LEASES

The Company has entered into operating leases primarily for real estate. These leases have terms which range from 1 to 8 years, and often include one or more options to renew. These renewal terms can extend the lease term from 1 year to month-to-month and are included in the lease term when it is reasonably certain that the Company will exercise the option. These operating leases are included in “Right of use assets” on the Company’s June 30, 2023, Consolidated Balance Sheets and represent the Company’s right to use the underlying asset for the lease term. The Company’s obligation to make lease payments are included in “Current portion of lease liabilities” and “Lease liabilities net of current portion” on the Company’s June 30, 2023, Consolidated Balance Sheets. As of June 30, 2023, total right-of-use assets and operating lease liabilities were approximately $221,300 and $250,500, respectively. All operating lease expense is recognized on a straight-line basis over the lease term. In the six months ended June 30, 2023, the Company recognized approximately $41,800 in operating lease costs for right-of-use assets.

Because the rate implicit in each lease is not readily determinable, the Company uses its incremental borrowing rate to determine the present value of the lease payments. The Company has certain contracts for real estate which may contain lease and non-lease components which it has elected to treat as a single lease component.

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

	For the Six Months Ended June 30,
	2023			2022
Cash paid for operating lease liabilities	$	84,800		$	63,000
Weighted-average remaining lease term		38 months			50 months
Weighted-average discount rate		10	%		10	%

Maturities of lease liabilities as of June 30, 2023 were as follows:

2023	$	89,600
2024		92,300
2025		95,000
2026		17,000
2027		-
Thereafter		-
		293,900
Less imputed interest		(43,400	)
Total lease liabilities		250,500
Current operating lease liabilities		67,600
Non-current operating lease liabilities		182,900
Total lease liabilities	$	250,500

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ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2023

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

NOTE 7 – ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

	June 30, 2023		December 31, 2022
	(unaudited)
Accrued compensation and related taxes	$	94,400	$	81,900
Accrued interest		2,968,700		2,562,300
Accrued settlement/litigation claims		150,000		150,000
Warranty and defect claims		62,500		57,000
Other		95,600		102,600
Total Accrued Liabilities	$	3,371,200	$	2,953,800

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UNCOMPLETED CONTRACTS

6 Months Ended

Jun. 30, 2023

Contractors [Abstract]

UNCOMPLETED CONTRACTS

NOTE 8 – UNCOMPLETED CONTRACTS

Costs, estimated earnings and billings on uncompleted contracts are as follows:

	June 30, 2023			December 31, 2022
	(unaudited)
Revenue recognized	$	899,000		$	440,200
Less: billings to date		(825,000	)		(301,500	)
Contract assets		74,000			138,700
Billings to date		1,603,900			2,849,400
Revenue recognized		(1,090,900	)		(2,313,400	)
Contract liabilities	$	513,000		$	536,000

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INVESTMENTS

6 Months Ended

Jun. 30, 2023

Investments, All Other Investments [Abstract]

INVESTMENTS

NOTE 9 – INVESTMENTS

Paragon Waste Solutions LLC

Since its inception through June 30, 2023, the Company has provided approximately $6.4 million in funding to PWS for working capital and the further development and construction of various prototypes and commercial waste destruction units. No members of PWS have made capital contributions or other funding to PWS other than SEER. The intent of the operating agreement is to provide the funding as an advance against future earnings distributions made by PWS.

Paragon Southwest Medical Waste

On July 20, 2022, PWS transferred all patents owned covering medical waste destruction, and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”), in exchange for units in PSMW. The units in PSMW transferred in connection with this transaction increased SEER’s equity in PSMW to approximately 30%, on a total consolidated basis. This transaction also canceled the irrevocable license and royalty agreement, and the management agreement between PWS and PSMW.

On June 30, 2023, the Company sold its interest in PSMW in exchange for a 2% interest in Amlon Holdings.

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DEBT

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

DEBT

NOTE 10 – DEBT

Debt as of June 30, 2023 (Unaudited), and December 31, 2022, was comprised of the following:

	Short term notes			Convertible notes, unsecured		Current portion of long-term debt and capital lease obligations			Long term debt			Total
Balance December 31, 2022	$	3,518,000		$	1,605,000	$	504,300		$	1,840,600		$	7,467,900
Increase in borrowing		901,100	(1)		-		-			-			901,100
Principal reductions		(155,600	)		-		(2,200	)		-			(157,800	)
Long term debt to current		-			-		2,300			(2,300	)		-
Amortization of debt discount		-			-		-			-			-
Balance June 30, 2023	$	4,263,500	(2)	$	1,605,000	$	504,400		$	1,838,300	(3)	$	8,211,200

(1)	A) Secured note payable of $350,000, secured by certain real estate and equity, dated January 20, 2023, interest at an annual rate of 8.0% simple interest and matures on October 18, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $12,400. There was $12,400 accrued and unpaid interest as of June 30, 2023. B) A secured note payable of $300,000, secured by real estate and equity in subsidiaries dated March 10, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $7,400. There was $7,400 accrued and unpaid interest as of June 30, 2023. C) A secured note payable of $200,000, secured by real estate and equity in subsidiaries dated May 16, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $1,800. There was $1,800 accrued and unpaid interest as of June 30, 2023. D) Insurance financing of $51,100, which is being paid down with ten equal monthly payments of $5,100.
(2)	The balance consists of $3,746,500 of secured notes, and $517,000 unsecured notes payable.
(3)	Secured notes.

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RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 11 – RELATED PARTY TRANSACTIONS

Notes payable and accrued interest due to certain related parties are as follows:

	June 30, 2023		December 31, 2022
	(unaudited)
Short term notes	$	125,000	$	125,000
Accrued interest		62,000		59,000
Total short-term notes and accrued interest - Related parties	$	187,000	$	184,000

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EQUITY TRANSACTIONS

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

EQUITY TRANSACTIONS

NOTE 12 – EQUITY TRANSACTIONS

2023 Common Stock Transactions

During the six months ended June 30, 2023, no new equity transactions have occurred.

2022 Common Stock Transactions

During the six months ended June 30, 2022, no new equity transactions have occurred.

Non-controlling Interest

The non-controlling interest presented in our condensed consolidated financial statements reflects a 46% non-controlling equity interest in PWS and 49% non-controlling equity interest in PelleChar. Net losses attributable to non-controlling interest, as reported on our condensed consolidated statements of operations, represents the net loss of each entity attributable to the non-controlling equity interest. The non-controlling interest is reflected within stockholders’ equity on the condensed consolidated balance sheet.

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CUSTOMER CONCENTRATIONS

6 Months Ended

Jun. 30, 2023

Risks and Uncertainties [Abstract]

CUSTOMER CONCENTRATIONS

NOTE 13 – CUSTOMER CONCENTRATIONS

The Company had sales from operations to three customers, for the six months ended June 30, 2023, and 2022 that surpassed the 10% threshold of total revenue, respectively. In total, these customers represented approximately 43% and 53% of our total sales, respectively. The concentration of the Company’s business with a relatively small number of customers may expose us to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to cease being customers for non-financial related issues.

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NET GAIN OR LOSS PER SHARE

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

NET GAIN OR LOSS PER SHARE

NOTE 14 – NET GAIN OR LOSS PER SHARE

Basic net gain or loss per share is computed by dividing net gain or loss attributable to common shareholders by the weighted average number of common shares outstanding. Diluted net gain or loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares. Potentially dilutive securities are excluded from the calculation when their effect would be anti-dilutive. For six months ended June 30, 2023, all potentially dilutive securities have been excluded from the diluted share calculations because they were anti-dilutive as a result of the net losses incurred for the respective period, or were dilutive, but the exercise prices were above the stock price for the entire period, deeming them not to be converted, or exercised during the period. Accordingly, basic shares equal diluted shares for all periods presented.

Potentially dilutive securities were comprised of the following (unaudited):

	For the Six Months Ended June 30,
	2023		2022
Warrants		-		200,000
Options		1,000,000		1,590,000
Convertible notes payable, including accrued interest		3,392,200		3,170,700
		4,392,200		4,960,700

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DISCONTINUED SEM OPERATIONS

6 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED SEM OPERATIONS

NOTE 15 – DISCONTINUED SEM OPERATIONS

On January 1, 2023, the Company’s board of directors, by unanimous consent, adopted a resolution to discontinue operations of the Company’s wholly owned subsidiary, SEM, LLC. For the unaudited three and six months ended June 30, 2023 and 2022, all operations from SEMS have been reported as discontinued operations.

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

	June 30,		December 31,
	2023		2022
	(unaudited)
ASSETS
Property and equipment, net	$	54,200		217,200
Total Assets held for sale	$	54,200	$	217,200
LIABILITIES
Accounts payable	$	27,600		40,900
Accrued liabilities		10,000		10,000
Current portion of long-term debt		21,100		25,400
Total current liabilities		58,700		76,300
Long-term debt		-		9,200
Total liabilities held for sale	$	58,700	$	85,500

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

	For the Six Months ended
	June 30,
	2023			2022
Product revenue	$	-		$	120,400
Product costs		-			(130,500	)
General and administrative expenses		(14,300	)		(25,800	)
Salaries and related expenses		-			(17,200	)
Other income (expense)		174,600			(2,200	)
Total income (expense)		160,300			(175,700	)
Operating income (loss)		160,300			(55,300	)
Income tax benefit		-			-
Total income (loss) from discontinued operations	$	160,300		$	(55,300	)

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SEGMENT INFORMATION AND MAJOR CUSTOMERS

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

SEGMENT INFORMATION AND MAJOR CUSTOMERS

NOTE 16 – SEGMENT INFORMATION AND MAJOR CUSTOMERS

The Company currently has identified two segments as follows:

MV, PelleChar	Environmental Solutions
PWS	Solid Waste

The composition of our current reportable segments is consistent with that used by our chief decision makers to evaluate performance and allocate resources. All of our operations are located in the U.S. The Company has not allocated corporate selling, general and administrative expenses, and stock-based compensation to the segments. All intercompany transactions have been eliminated.

Segment information for the (unaudited) three and six months ended June 30, 2023 and 2022 is as follows:

Three Months ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste			Corporate			Total
Revenue	$	731,200	$	-		$	-		$	731,200
Depreciation and amortization		5,600		-			-			5,600
Interest expense		200		-			225,400			225,600
Stock-based compensation		-		-			-			-
Net income (loss) attributable to SEER common stockholders		183,300		(1,000	)		(621,000	)		(438,700	)
Capital expenditures (cash and noncash)		-		-			-			-
Total assets	$	765,200	$	-		$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,053,700	$	50,000		$	-		$	1,103,700
Depreciation and amortization		21,200		9,600			(2,100	)		28,700
Interest expense		700		-			187,900			188,600
Net income (loss) attributable to SEER common stockholders		22,000		(35,900	)		(527,400	)		(541,300	)
Capital expenditures (cash and noncash)		3,500		-			-			3,500
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

Six Months Ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste		Corporate			Total
Revenue	$	1,284,400	$	-	$	-		$	1,284,400
Depreciation and amortization		11,200		-		-			11,200
Interest expense		500		-		431,100			431,600
Stock-based compensation		-		-		-			-
Net income (loss) attributable to SEER common stockholders		35,700		8,500		(1,262,300	)		(1,218,100	)
Capital expenditures (cash and noncash)		-		-		-			-
Total assets	$	765,200	$	-	$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,809,700	$	100,000		$	-		$	1,909,700
Depreciation and amortization		32,200		17,000			9,800			59,000
Interest expense		2,500		1,900			373,200			377,600
Net income (loss) attributable to SEER common stockholders		58,500		(41,800	)		(948,700	)		(932,000	)
Capital expenditures (cash and noncash)		31,800		-			-			31,800
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

(1) Segment information excludes the results of SEM, which was discontinued January 1, 2023, except net income (loss), of which SEM is categorized as discontinued operations. (See Note 15)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Use of Estimates

Use of Estimates

The preparation of these consolidated financial statements in conformity with accounting principles generally accepted in the United States (U.S. GAAP) requires management to make a number of estimates and assumptions related to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the forecasted cash flows used in the impairment testing of goodwill and intangible assets. The carrying amount of intangible assets; valuation allowances and reserves for receivables; revenue recognition related to contracts accounted for under the percentage of completion method; and the Company’s ability to continue as a going concern. Actual results could differ from those estimates.

Reclassifications

Reclassifications

Certain amounts in the prior period financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net loss.

Revenue Recognition

Revenue Recognition

In May 2014, the FASB issued guidance on revenue from contracts with customers that superseded most current revenue recognition guidance, including industry-specific guidance. The underlying principle of the guidance is to recognize revenue to depict the transfer of goods or services to customers at an amount to which the company expects to be entitled in exchange for those goods or services. The new guidance requires an evaluation of revenue arrangements with customers following a five-step approach: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when (or as) the company satisfies each performance obligation. Revenues are recognized when control of the promised services are transferred to the customers in an amount that reflects the expected consideration in exchange for those services. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the services. Other major provisions of the guidance include capitalization of certain contract costs, consideration of the time value of money in the transaction price and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. (See Note 3)

Research and Development

Research and Development

Research and development (“R&D”) costs are charged to expense as incurred. R&D expenses consist primarily of salaries, project materials, contract labor and other costs associated with ongoing product development and enhancement efforts. R&D expenses were $0 for both the six months ended June 30, 2023, and 2022.

Inventories

Inventories

Inventories are stated at the lower of cost or net realizable value on a first in, first out basis and includes the following amounts (unaudited):

	June 30, 2023		December 31, 2022
	(unaudited)
Finished goods	$	16,700	$	9,400
	$	16,700	$	9,400

Income Taxes

Income Taxes

The Company accounts for income taxes pursuant to Accounting Standards Codification (“ASC”) 740, Income Taxes, which utilizes the asset and liability method of computing deferred income taxes. The objective of this method is to establish deferred tax assets and liabilities for any temporary differences between the financial reporting basis and the tax basis of the Company’s assets and liabilities at enacted tax rates expected to be in effect when such amounts are realized or settled.

ASC 740 also provides detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the financial statements. Tax positions must meet a “more-likely-than-not” recognition threshold at the effective date to be recognized. During the six months ended June 30, 2023, and 2022 the Company recognized no adjustments for uncertain tax positions.

The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. No interest and penalties related to uncertain tax positions were recognized as of June 30, 2023, and 2022. The Company expects no material changes to unrecognized tax positions within the next twelve months.

The Company has filed federal and state tax returns through December 31, 2021. The tax periods for the years ending December 31, 2019, through 2022 are open to examination by federal and state authorities.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

SCHEDULE OF INVENTORY

Inventories are stated at the lower of cost or net realizable value on a first in, first out basis and includes the following amounts (unaudited):

	June 30, 2023		December 31, 2022
	(unaudited)
Finished goods	$	16,700	$	9,400
	$	16,700	$	9,400

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REVENUE (Tables)

6 Months Ended

Jun. 30, 2023

Revenue:

SCHEDULE OF DISAGGREGATION OF REVENUE

Disaggregation of Revenue (Unaudited)

	Three months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	485,400	$	-	$	485,400
Media sales		245,800		-		245,800
Total Revenue	$	731,200	$	-	$	731,200

	Three months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales		740,100		-		740,100
Media sales		313,600		-		313,600
Management fees		-		50,000		50,000
Total Revenue	$	1,053,700	$	50,000	$	1,103,700

	Six months ended June 30, 2023
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	862,900	$	-	$	862,900
Media sales		421,500		-		421,500
Total Revenue	$	1,284,400	$	-	$	1,284,400

	Six months ended June 30, 2022
	Environmental Solutions		Solid Waste		Total
Sources of Revenue
Product sales	$	1,406,400		-	$	1,406,400
Media sales		403,300		-		403,300
Management fees		-		100,000		100,000
Total Revenue	$	1,809,700	$	100,000	$	1,909,700

SCHEDULE OF CONTRACT BALANCES

The opening and closing balances of the Company’s accounts receivables and contract liabilities (current and non-current) are as follows:

							Contract Liabilities
	Accounts Receivable,			Contract			Contract			Deferred Revenue		Deferred Revenue
	net			Assets			Liabilities			(current)		(non-current)
Balance as of June 30, 2023 (unaudited)	$	536,300		$	74,000		$	513,000		$	13,900	$	-
Balance as of December 31, 2022		640,500			138,700			536,000			-		-
Increase (decrease)	$	(104,200	)	$	(64,700	)	$	(23,000	)	$	13,900	$	-

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PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

SCHEDULE OF PROPERTY PLANT AND EQUIPMENT

Property and equipment was comprised of the following:

	June 30, 2023			December 31, 2022
	(unaudited)
Field and shop equipment	$	453,000		$	395,000
Vehicles		72,500			72,500
Furniture and office equipment		293,400			333,800
Leasehold improvements		36,200			36,200
		855,100			837,500
Less: accumulated depreciation and amortization		(826,300	)		(798,900	)
Property and equipment, net	$	28,800		$	38,600

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INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF INTANGIBLE ASSETS

	June 30, 2023
	Gross carrying amount		Accumulated amortization			Impairment		Net carrying value
	(unaudited)		(unaudited)			(unaudited)		(unaudited)
Goodwill	$	-	$	-		$	-	$	-
Customer list		42,500		(42,500	)		-		-
Technology		684,000		(664,700	)		-		19,300
Trade name		54,900		(54,900	)		-		-
	$	781,400	$	(762,100	)	$	-	$	19,300

	December 31, 2022
	Gross carrying amount		Accumulated amortization			Impairment			Net carrying value
Goodwill	$	277,800	$	-		$	(277,800	)	$	-
Customer list		42,500		(42,500	)		-			-
Technology		875,900		(813,300	)		(41,900	)		20,700
Trade name		54,900		(54,900	)		-			-
	$	1,251,100	$	(910,700	)	$	(319,700	)	$	20,700

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LEASES (Tables)

6 Months Ended

Jun. 30, 2023

Leases

SCHEDULE OF RIGHT-OF-USE-ASSETS AND RELATED LEASE LIABILITIES

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

	For the Six Months Ended June 30,
	2023			2022
Cash paid for operating lease liabilities	$	84,800		$	63,000
Weighted-average remaining lease term		38 months			50 months
Weighted-average discount rate		10	%		10	%

SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of lease liabilities as of June 30, 2023 were as follows:

2023	$	89,600
2024		92,300
2025		95,000
2026		17,000
2027		-
Thereafter		-
		293,900
Less imputed interest		(43,400	)
Total lease liabilities		250,500
Current operating lease liabilities		67,600
Non-current operating lease liabilities		182,900
Total lease liabilities	$	250,500

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ACCRUED LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2023

Payables and Accruals [Abstract]

SCHEDULE OF ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

	June 30, 2023		December 31, 2022
	(unaudited)
Accrued compensation and related taxes	$	94,400	$	81,900
Accrued interest		2,968,700		2,562,300
Accrued settlement/litigation claims		150,000		150,000
Warranty and defect claims		62,500		57,000
Other		95,600		102,600
Total Accrued Liabilities	$	3,371,200	$	2,953,800

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UNCOMPLETED CONTRACTS (Tables)

6 Months Ended

Jun. 30, 2023

Contractors [Abstract]

SCHEDULE OF UNCOMPLETED CONTRACTS

Costs, estimated earnings and billings on uncompleted contracts are as follows:

	June 30, 2023			December 31, 2022
	(unaudited)
Revenue recognized	$	899,000		$	440,200
Less: billings to date		(825,000	)		(301,500	)
Contract assets		74,000			138,700
Billings to date		1,603,900			2,849,400
Revenue recognized		(1,090,900	)		(2,313,400	)
Contract liabilities	$	513,000		$	536,000

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DEBT (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

SCHEDULE OF DEBT

Debt as of June 30, 2023 (Unaudited), and December 31, 2022, was comprised of the following:

	Short term notes			Convertible notes, unsecured		Current portion of long-term debt and capital lease obligations			Long term debt			Total
Balance December 31, 2022	$	3,518,000		$	1,605,000	$	504,300		$	1,840,600		$	7,467,900
Increase in borrowing		901,100	(1)		-		-			-			901,100
Principal reductions		(155,600	)		-		(2,200	)		-			(157,800	)
Long term debt to current		-			-		2,300			(2,300	)		-
Amortization of debt discount		-			-		-			-			-
Balance June 30, 2023	$	4,263,500	(2)	$	1,605,000	$	504,400		$	1,838,300	(3)	$	8,211,200

(1)	A) Secured note payable of $350,000, secured by certain real estate and equity, dated January 20, 2023, interest at an annual rate of 8.0% simple interest and matures on October 18, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $12,400. There was $12,400 accrued and unpaid interest as of June 30, 2023. B) A secured note payable of $300,000, secured by real estate and equity in subsidiaries dated March 10, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $7,400. There was $7,400 accrued and unpaid interest as of June 30, 2023. C) A secured note payable of $200,000, secured by real estate and equity in subsidiaries dated May 16, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $1,800. There was $1,800 accrued and unpaid interest as of June 30, 2023. D) Insurance financing of $51,100, which is being paid down with ten equal monthly payments of $5,100.
(2)	The balance consists of $3,746,500 of secured notes, and $517,000 unsecured notes payable.
(3)	Secured notes.

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RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

SCHEDULE OF RELATED PARTIES NOTES PAYABLE AND ACCRUED INTEREST

Notes payable and accrued interest due to certain related parties are as follows:

	June 30, 2023		December 31, 2022
	(unaudited)
Short term notes	$	125,000	$	125,000
Accrued interest		62,000		59,000
Total short-term notes and accrued interest - Related parties	$	187,000	$	184,000

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NET GAIN OR LOSS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES

Potentially dilutive securities were comprised of the following (unaudited):

	For the Six Months Ended June 30,
	2023		2022
Warrants		-		200,000
Options		1,000,000		1,590,000
Convertible notes payable, including accrued interest		3,392,200		3,170,700
		4,392,200		4,960,700

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DISCONTINUED SEM OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

SCHEDULE OF DISCONTINUED OPERATIONS

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

	June 30,		December 31,
	2023		2022
	(unaudited)
ASSETS
Property and equipment, net	$	54,200		217,200
Total Assets held for sale	$	54,200	$	217,200
LIABILITIES
Accounts payable	$	27,600		40,900
Accrued liabilities		10,000		10,000
Current portion of long-term debt		21,100		25,400
Total current liabilities		58,700		76,300
Long-term debt		-		9,200
Total liabilities held for sale	$	58,700	$	85,500

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

	For the Six Months ended
	June 30,
	2023			2022
Product revenue	$	-		$	120,400
Product costs		-			(130,500	)
General and administrative expenses		(14,300	)		(25,800	)
Salaries and related expenses		-			(17,200	)
Other income (expense)		174,600			(2,200	)
Total income (expense)		160,300			(175,700	)
Operating income (loss)		160,300			(55,300	)
Income tax benefit		-			-
Total income (loss) from discontinued operations	$	160,300		$	(55,300	)

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SEGMENT INFORMATION AND MAJOR CUSTOMERS (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT INFORMATION

Segment information for the (unaudited) three and six months ended June 30, 2023 and 2022 is as follows:

Three Months ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste			Corporate			Total
Revenue	$	731,200	$	-		$	-		$	731,200
Depreciation and amortization		5,600		-			-			5,600
Interest expense		200		-			225,400			225,600
Stock-based compensation		-		-			-			-
Net income (loss) attributable to SEER common stockholders		183,300		(1,000	)		(621,000	)		(438,700	)
Capital expenditures (cash and noncash)		-		-			-			-
Total assets	$	765,200	$	-		$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,053,700	$	50,000		$	-		$	1,103,700
Depreciation and amortization		21,200		9,600			(2,100	)		28,700
Interest expense		700		-			187,900			188,600
Net income (loss) attributable to SEER common stockholders		22,000		(35,900	)		(527,400	)		(541,300	)
Capital expenditures (cash and noncash)		3,500		-			-			3,500
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

Six Months Ended June 30,
	Environmental		Solid
2023	Solutions (1)		Waste		Corporate			Total
Revenue	$	1,284,400	$	-	$	-		$	1,284,400
Depreciation and amortization		11,200		-		-			11,200
Interest expense		500		-		431,100			431,600
Stock-based compensation		-		-		-			-
Net income (loss) attributable to SEER common stockholders		35,700		8,500		(1,262,300	)		(1,218,100	)
Capital expenditures (cash and noncash)		-		-		-			-
Total assets	$	765,200	$	-	$	560,000		$	1,325,200

	Environmental		Solid
2022	Solutions (1)		Waste			Corporate			Total
Revenue	$	1,809,700	$	100,000		$	-		$	1,909,700
Depreciation and amortization		32,200		17,000			9,800			59,000
Interest expense		2,500		1,900			373,200			377,600
Net income (loss) attributable to SEER common stockholders		58,500		(41,800	)		(948,700	)		(932,000	)
Capital expenditures (cash and noncash)		31,800		-			-			31,800
Total assets	$	1,421,300	$	299,200		$	428,000		$	2,148,500

(1) Segment information excludes the results of SEM, which was discontinued January 1, 2023, except net income (loss), of which SEM is categorized as discontinued operations. (See Note 15)

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ORGANIZATION AND FINANCIAL CONDITION (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Retained earnings	$ 33,200,000		$ 32,000,000.0
Net loss	1,200,000	$ 900,000
Working capital deficit	10,600,000		$ 9,400,000
Short term and long term debt	900,000
Net cash provided by (used in) financing activities	$ 678,700	$ 271,800
Paragon Waste Solutions, LLC [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Noncontrolling interest, ownership percentage	54.00%
Pelle Char, LLC [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Noncontrolling interest, ownership percentage	51.00%
Benefuels LLC [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Noncontrolling interest, ownership percentage	85.00%

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SCHEDULE OF INVENTORY (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Finished goods	$ 16,700	$ 9,400
Inventory, net	$ 16,700	$ 9,400	[1]

[1] Derived from audited information

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Accounting Policies [Abstract]
Research and development expense	$ 0	$ 0
Uncertain tax positions	0	0
Interest and penalties related to uncertain tax positions	$ 0	$ 0

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SCHEDULE OF DISAGGREGATION OF REVENUE (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenue	$ 731,200	$ 1,103,700	$ 1,284,400	$ 1,909,700
Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	485,400	740,100	862,900	1,406,400
Media Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	245,800	313,600	421,500	403,300
Management Fees [Member]
Disaggregation of Revenue [Line Items]
Total Revenue		50,000		100,000
Environmental Solutions [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	731,200	1,053,700	1,284,400	1,809,700
Environmental Solutions [Member] | Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	485,400	740,100	862,900	1,406,400
Environmental Solutions [Member] | Media Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	245,800	313,600	421,500	403,300
Environmental Solutions [Member] | Management Fees [Member]
Disaggregation of Revenue [Line Items]
Total Revenue
Solid Waste [Member]
Disaggregation of Revenue [Line Items]
Total Revenue		50,000		100,000
Solid Waste [Member] | Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue
Solid Waste [Member] | Media Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenue
Solid Waste [Member] | Management Fees [Member]
Disaggregation of Revenue [Line Items]
Total Revenue		$ 50,000		$ 100,000

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SCHEDULE OF CONTRACT BALANCES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Revenue:
Accounts Receivable, net	$ 640,500
Contract Assets	74,000		$ 138,700	[1]
Contract Liabilities	513,000		536,000
Deferred Revenue (current)	13,900
Deferred Revenue (noncurrent)
Accounts Receivable, net	536,300		$ 640,500
Increase (decrease) in Accounts Receivable, net	(104,200)
Increase (decrease) in Contract Assets	(64,700)	$ 164,000
Increase (decrease) in Contract Liabilities	(23,000)	$ (176,600)
Deferred Revenue (current), Increase (decrease)	13,900
Deferred Revenue (non-current), Increase (decrease)

[1] Derived from audited information

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REVENUE (Details Narrative) $ in Millions	Jun. 30, 2023 USD ($)
Revenue remaining performance obligations	$ 1.0
Next Twelve Months [Member]
Revenue remaining performance obligations, percentage	85.00%

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SCHEDULE OF PROPERTY PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 855,100	$ 837,500
Less: accumulated depreciation and amortization	(826,300)	(798,900)
Property and equipment, net	28,800	38,600	[1]
Field and Shop Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	453,000	395,000
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	72,500	72,500
Furniture and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	293,400	333,800
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 36,200	$ 36,200

[1] Derived from audited information

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PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Depreciation	$ 4,900	$ 23,100	$ 9,800	$ 47,900
Cost of Sales [Member]
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Depreciation	4,900	19,700	9,800	38,100
Selling, General and Administrative Expenses [Member]
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Depreciation	$ 0	$ 3,400	$ 0	$ 9,800

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SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 781,400	$ 1,251,100
Accumulated amortization	(762,100)	(910,700)
Impairment		(319,700)
Net carrying value	19,300	20,700
Goodwill [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount		277,800
Accumulated amortization
Impairment		(277,800)
Net carrying value
Customer List [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	42,500	42,500
Accumulated amortization	(42,500)	(42,500)
Impairment
Net carrying value
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	684,000	875,900
Accumulated amortization	(664,700)	(813,300)
Impairment		(41,900)
Net carrying value	19,300	20,700
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	54,900	54,900
Accumulated amortization	(54,900)	(54,900)
Impairment
Net carrying value

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INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Selling, General and Administrative Expenses [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 700	$ 5,500	$ 1,400	$ 11,100
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of the intangible assets	7 years		7 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives of the intangible assets	20 years		20 years

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SCHEDULE OF RIGHT-OF-USE-ASSETS AND RELATED LEASE LIABILITIES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Leases
Cash paid for operating lease liabilities	$ 84,800	$ 63,000
Weighted-average remaining lease term	38 months	50 months
Weighted-average discount rate	10.00%	10.00%

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SCHEDULE OF MATURITIES OF LEASE LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022	[1]
Leases
2023	$ 89,600
2024	92,300
2025	95,000
2026	17,000
2027
Thereafter
Total operating lease	293,900
Less imputed interest	(43,400)
Total lease liabilities	250,500
Current operating lease liabilities	67,600	$ 63,100
Non-current operating lease liabilities	$ 182,900	$ 217,400

[1] Derived from audited information

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LEASES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	[1]
Lease renewal term	1 year
Operating lease right of use asset	$ 221,300	$ 249,700
Operating lease liability	250,500
Operating lease costs	$ 41,800
Minimum [Member]
Lease term	1 year
Maximum [Member]
Lease term	8 years

[1] Derived from audited information

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SCHEDULE OF ACCRUED LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued compensation and related taxes	$ 94,400	$ 81,900
Accrued interest	2,968,700	2,562,300
Accrued settlement/litigation claims	150,000	150,000
Warranty and defect claims	62,500	57,000
Other	95,600	102,600
Total Accrued Liabilities	$ 3,371,200	$ 2,953,800	[1]

[1] Derived from audited information

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SCHEDULE OF UNCOMPLETED CONTRACTS (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Contractors [Abstract]
Revenue recognized	$ 899,000	$ 440,200
Less: billings to date	(825,000)	(301,500)
Contract assets	74,000	138,700
Billings to date	1,603,900	2,849,400
Revenue recognized	(1,090,900)	(2,313,400)
Contract liabilities	$ 513,000	$ 536,000	[1]

[1] Derived from audited information

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INVESTMENTS (Details Narrative) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jul. 20, 2022
Paragon Southwest Medical Waste [Member]
Equity percentage		30.00%
Amlon Holdings [Member]
Equity percentage	2.00%
Paragon Waste Solutions, LLC [Member]
Payment for funding of subsidiary	$ 6.4

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SCHEDULE OF DEBT (Details)	6 Months Ended
	Jun. 30, 2023 USD ($)
Short-Term Debt [Line Items]
Debt, beginning balance	$ 7,467,900
Increase in borrowing	901,100
Principal reductions	(157,800)
Long term debt to current
Amortization of debt discount
Debt, ending balance	8,211,200
Insurance financing	51,100
Monthly payments	5,100
Short Term Notes [Member]
Short-Term Debt [Line Items]
Debt, beginning balance	3,518,000
Increase in borrowing	901,100	[1]
Principal reductions	(155,600)
Long term debt to current
Amortization of debt discount
Debt, ending balance	4,263,500	[2]
Convertible Notes, Unsecured [Member]
Short-Term Debt [Line Items]
Debt, beginning balance	1,605,000
Increase in borrowing
Principal reductions
Long term debt to current
Amortization of debt discount
Debt, ending balance	1,605,000
Current Portion Of Long Term Debt [Member]
Short-Term Debt [Line Items]
Debt, beginning balance	504,300
Increase in borrowing
Principal reductions	(2,200)
Long term debt to current	2,300
Amortization of debt discount
Debt, ending balance	504,400
Long Term Debts [Member]
Short-Term Debt [Line Items]
Debt, beginning balance	1,840,600
Increase in borrowing
Principal reductions
Long term debt to current	(2,300)
Amortization of debt discount
Debt, ending balance	$ 1,838,300	[3]

[1] A) Secured note payable of $350,000, secured by certain real estate and equity, dated January 20, 2023, interest at an annual rate of 8.0% simple interest and matures on October 18, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $12,400. There was $12,400 accrued and unpaid interest as of June 30, 2023. B) A secured note payable of $300,000, secured by real estate and equity in subsidiaries dated March 10, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $7,400. There was $7,400 accrued and unpaid interest as of June 30, 2023. C) A secured note payable of $200,000, secured by real estate and equity in subsidiaries dated May 16, 2023, interest at an annual rate of 8% simple interest and matures on December 10, 2023. For the six months ended June 30, 2023, the Company recorded interest expense of $1,800. There was $1,800 accrued and unpaid interest as of June 30, 2023. D) Insurance financing of $51,100, which is being paid down with ten equal monthly payments of $5,100.

[2] The balance consists of $3,746,500 of secured notes, and $517,000 unsecured notes payable.

[3] Secured notes.

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SCHEDULE OF DEBT (Details) (Parenthetical) - USD ($)				6 Months Ended
	May 16, 2023	Mar. 10, 2023	Jan. 20, 2023	Jun. 30, 2023
Secured Note Payable [Member]
Short-Term Debt [Line Items]
Debt principal amount			$ 350,000
Note payable, interest			8.00%
Note payable, maturity date			Oct. 18, 2023
Interest expense				$ 12,400
Accrued and upaid interest				12,400
Secured Note Payable [Member] | Subsidiaries [Member]
Short-Term Debt [Line Items]
Debt principal amount	$ 200,000	$ 300,000
Note payable, interest	8.00%	8.00%
Note payable, maturity date	Dec. 10, 2023	Dec. 10, 2023
Interest expense				7,400
Accrued and upaid interest				7,400
Secured Note Payable One [Member] | Subsidiaries [Member]
Short-Term Debt [Line Items]
Interest expense				1,800
Accrued and upaid interest				1,800
Secured Notes [Member]
Short-Term Debt [Line Items]
Notes Payable				3,746,500
Unsecured Notes Payable [Member]
Short-Term Debt [Line Items]
Notes Payable				$ 517,000

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SCHEDULE OF RELATED PARTIES NOTES PAYABLE AND ACCRUED INTEREST (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Accrued interest	$ 62,000	$ 59,000
Related Party [Member]
Related Party Transaction [Line Items]
Short term notes	125,000	125,000
Total short-term notes and accrued interest - Related parties	$ 187,000	$ 184,000

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EQUITY TRANSACTIONS (Details Narrative)	6 Months Ended
	Jun. 30, 2023
Non-controlling interest, description	The non-controlling interest presented in our condensed consolidated financial statements reflects a 46% non-controlling equity interest in PWS and 49% non-controlling equity interest in PelleChar
PWS [Member]
Percentage of non controlling equity interest	46.00%
PelleChar [Member]
Percentage of non controlling equity interest	49.00%

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CUSTOMER CONCENTRATIONS (Details Narrative) - Revenue Benchmark [Member] - Customer Concentration Risk [Member]	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Three Customer [Member]
Concentration Risk [Line Items]
Concentration risk percentage	10.00%	10.00%
Customer [Member]
Concentration Risk [Line Items]
Concentration risk percentage	43.00%	53.00%

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SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES (Details) - shares	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities	4,392,200	4,960,700
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities		200,000
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities	1,000,000	1,590,000
Convertible Notes Payable Including Accrued Interest [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities	3,392,200	3,170,700

XML

SCHEDULE OF DISCONTINUED OPERATIONS (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
ASSETS
Property and equipment, net	$ 54,200		$ 217,200
Total Assets held for sale	54,200		217,200
LIABILITIES
Accounts payable	27,600		40,900
Accrued liabilities	10,000		10,000
Current portion of long-term debt	21,100		25,400
Total current liabilities	58,700		76,300
Long-term debt			9,200
Total liabilities held for sale	58,700		$ 85,500	[1]
Product revenue		$ 120,400
Product costs		(130,500)
General and administrative expenses	(14,300)	(25,800)
Salaries and related expenses		(17,200)
Other income (expense)	174,600	(2,200)
Total income (expense)	160,300	(175,700)
Operating income (loss)	160,300	(55,300)
Income tax benefit
Total income (loss) from discontinued operations	$ 160,300	$ (55,300)

[1] Derived from audited information

XML

SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022		Dec. 31, 2022	[2]
Segment Reporting Information [Line Items]
Revenue	$ 731,200	$ 1,103,700		$ 1,284,400	$ 1,909,700
Net income (loss) attributable to SEER common stockholders	(438,700)	(523,100)		(1,218,100)	(909,800)
Total assets	1,325,200	2,148,500	[1]	1,325,200	2,148,500	[1]	$ 1,644,400
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	731,200	1,103,700		1,284,400	1,909,700
Depreciation and amortization	5,600	28,700		11,200	59,000
Interest expense	225,600	188,600		431,600	377,600
Stock-based compensation
Net income (loss) attributable to SEER common stockholders	(438,700)	(541,300)		(1,218,100)	(932,000)
Capital expenditures (cash and noncash)		3,500			31,800
Environmental Solutions [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue	731,200	1,053,700		1,284,400	1,809,700
Depreciation and amortization	5,600	21,200		11,200	32,200
Interest expense	200	700		500	2,500
Stock-based compensation
Net income (loss) attributable to SEER common stockholders	183,300	22,000		35,700	58,500
Capital expenditures (cash and noncash)		3,500			31,800
Total assets	765,200	1,421,300	[1]	765,200	1,421,300	[1]
Solid Waste [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue		50,000			100,000
Depreciation and amortization		9,600			17,000
Interest expense					1,900
Stock-based compensation
Net income (loss) attributable to SEER common stockholders	(1,000)	(35,900)		8,500	(41,800)
Capital expenditures (cash and noncash)
Total assets		299,200	[1]		299,200	[1]
Corporate Segment [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue
Depreciation and amortization		(2,100)			9,800
Interest expense	225,400	187,900		431,100	373,200
Stock-based compensation
Net income (loss) attributable to SEER common stockholders	(621,000)	(527,400)		(1,262,300)	(948,700)
Capital expenditures (cash and noncash)
Total assets	$ 560,000	$ 428,000	[1]	$ 560,000	$ 428,000	[1]

[1] Segment information excludes the results of SEM, which was discontinued January 1, 2023, except net income (loss), of which SEM is categorized as discontinued operations. (See Note 15)

[2] Derived from audited information