SEER specializes in environmental and clean-technology solutions including waste management, renewable energy, and biochar technologies, with a focus on international markets and recent decarbonization efforts.

# Company Overview: Strategic Environmental & Energy Resources, Inc. (SEER)

## Business Focus
- SEER specializes in environmental and clean-technology solutions, waste management innovations, and related services.
- Operates in industries including environmental compliance, renewable energy, waste minimization, and medical/pharmaceutical waste destruction.
- Focuses on developing proprietary, patented, and patent-pending technologies for international markets.
- Recent emphasis on decarbonization technologies and monetization/tokenization of biochar carbon credits.

## Operating Structure
- Headquarters: Broomfield, Colorado.
- Operates four companies:
  - **Wholly Owned Subsidiaries:**
    - **MV, LLC (MV Technologies):** Designs and sells dry scrubber solutions for management of Hydrogen Sulfide (H₂S) in biogas, landfill gas, and petroleum processing.
      - Products include H2SPlus™ and OdorFilter™.
      - Develops biogas conditioning systems for renewable natural gas (RNG) applications.
    - **SEER Environmental Materials, LLC:** Initially focused on chemical absorbents; current goal is to manufacture and sell biochar kilns and operate a biochar production facility in Texas.
  - **Majority Owned Subsidiaries:**
    - **Paragon Waste Solutions, LLC (PWS):** Develops patented waste destruction technology using pyrolytic heating and non-thermal plasma (CoronaLux™) to safely destroy hazardous chemical and biological waste without landfilling or incineration.
    - **PelleChar, LLC:** Produces soil amendment pellets containing biochar via a proprietary pyrolytic process; engages in domestic and international sales.

## Strategic Initiatives & Markets
- Markets served include:
  - Environmental compliance
  - Renewable “green gas” energy (biogas/RNG)
  - Gaseous and solid waste minimization/management
  - Organic fertilizers and soil amendments
  - Medical waste destruction
- International markets targeted, especially in Saudi Arabia via the Eco SEER Saudi joint venture.
- Focus on increasing margins through licensing, strategic partnerships, and technology innovations.

## Customers
- As of June 4, 2025, the company had approximately **81 record holders of common stock**:
  - 2 customers accounted for 10% or more of accounts receivable, totaling approximately **$481,800**.
  - The two largest customers represent roughly 28-29% of revenue in recent years.
- The company has a limited number of large customers making up a significant portion of revenue, with potential revenue fluctuations depending on project activity and customer demand.

## Employees
- As of December 31, 2024, SEER employed **11 non-union employees** (including management and staff), of which **2** were part-time.

## Financial Highlights (2024)
- **Total Revenue:** Approximately **$4.3 million**, representing a 49% increase from 2023.
- **Net Loss (from continuing operations):** Approximately **$1.8 million**.
- **Total Assets (2024):** About **$1.46 million**.
- **Total Liabilities (2024):** About **$16.41 million**, with current liabilities exceeding current assets by approximately **$13.3 million**, raising doubts about ongoing viability.
- **Issues:** 
  - Recurring losses and significant accumulated deficit (~$36.2 million as of December 31, 2024).
  - Limited cash position (~$537,100 at year-end).
  - No current profitability reported; ongoing need for external capital and financing.
  
This summary encapsulates SEER's operational focus, market presence, customer base, employee count, and financial status based solely on provided information.

Strategic Environmental & Energy Resources, Inc. (SEER) specializes in innovative environmental solutions and renewable energy technologies through various subsidiaries and joint ventures.

# Summary of Strategic Environmental & Energy Resources, Inc. (SEER)

## Company Overview
Strategic Environmental & Energy Resources, Inc. ("SEER") is engaged in the environmental solutions and renewable energy sectors. Founded in 2002 and headquartered in Broomfield, Colorado, SEER specializes in providing innovative, cost-effective solutions for environmental compliance, waste management, and renewable energy industries.

## Business Operations
SEER operates through several subsidiaries and focuses on developing and acquiring complementary technologies and services. Its main areas of operation include:

- **Environmental Solutions**: Includes services and products for emissions capture and treatment, hazardous waste management, and renewable natural gas.
- **Waste Management Technologies**: Provides patented technologies for waste destruction and biogas conditioning.

### Operating Entities/Subsidiaries
1. **MV Technologies (MV)**: A wholly owned subsidiary offering patented dry scrubber solutions for the management of Hydrogen Sulfide (H2S) in biogas and petroleum processing, alongside technologies for biogas conditioning.
2. **Paragon Waste Solutions (PWS)**: A majority-owned subsidiary focused on patented waste destruction technology using pyrolytic heating and non-thermal plasma, designed for the clean destruction of hazardous waste.
3. **PelleChar (PelleChar)**: A 51% owned subsidiary selling proprietary biochar pellets for land use and agricultural applications.
4. **SEER Environmental Materials (SEM)**: Formed in 2015 but discontinued operations in 2023.

### Joint Ventures
- **Eco SEER Saudi**: A joint venture with Eco Tadweer in Saudi Arabia to market SEER technologies; SEER holds a 49% non-controlling interest.

## Financial Overview
- **Accumulated Deficit**: Approximately $34.4 million as of December 31, 2023.
- **Net Loss**: Approximately $2.5 million from continuing operations for the year ended December 31, 2023.
- **Current Liabilities**: Exceeded current assets by approximately $11.6 million.

### Customer Base
- SEER has a concentrated customer base, with **three customers** accounting for over **10%** of accounts receivable, amounting to approximately **$289,100** as of December 31, 2023.

## Employment and Workforce
- **Total Employees**: 12 as of December 31, 2023 (including 1 part-time employee) with reliance on seasonal day laborers for operational needs.

## Revenue Segmentation (2023)
- **Environmental Solutions**: Comprised 100% of revenue, primarily driven by MV, SEM, and PelleChar.
- **Solid Waste**: PWS contributed 0% to revenue in 2023, as it was deemed non-operational.

## Strategic Goals
SEER aims to:
- Grow through internal subsidiaries and establish alliances or acquire businesses in fast-growing renewable energy and waste management markets.
- Leverage proprietary technologies and enhance service offerings based on over 25 years of operational experience.

## Conclusion
SEER remains dedicated to providing sustainable environmental solutions and plans to expand its presence in domestic and international markets while managing financial challenges, regulatory compliance, and competition within the industry.

Strategic Environmental & Energy Resources, Inc.

10-K / June 6, 2025

10-K / April 16, 2024

10-K / June 6, 2025

Company Overview: Strategic Environmental & Energy Resources, Inc. (SEER)

Business Focus

Operating Structure

Strategic Initiatives & Markets

Customers

Employees

Financial Highlights (2024)