Overview
- IndustryHazardous Waste Management1
- HeadquartersBroomfield, Colorado1
- Incorporated inNV2
- Business address370 Interlocken Boulevard, Suite 680, Broomfield, Co 800212
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Solutions, Inc. (“SOZG”). In January 2008, SOZG changed its name to Strategic Environmental & Energy Resources, Inc.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs78¢$3.4M
- Interest22¢$932.1K
Out of $4.3M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.3M5 | $4.3M6 | $2.7M7 | $3.5M8 | $4.0M9 | $2.9M4 | $4.3M4 |
| Cost of revenue | |||||||
| Research and development | $6005 | $06 | $06 | $08 | $09 | $04 | $04 |
| Selling, general and admin | $1.3M5 | $1.5M6 | $1.1M7 | $1.0M8 | $1.3M8 | ||
| Operating expenses | $4.2M8 | $5.4M9 | $4.6M4 | $5.3M4 | |||
| Operating income | -$657.9K5 | -$755.1K6 | -$1.5M7 | -$736.3K8 | -$1.4M9 | -$1.7M4 | -$1.0M4 |
| Interest | $1.4M5 | $553.2K6 | $875.7K7 | $738.6K8 | $801.6K9 | $877.1K4 | $932.1K4 |
| Income before tax | $227.6K7 | ||||||
| Income tax | $012 | ||||||
| Net income | -$2.9M5 | -$2.5M6 | -$2.8M7 | $328.9K8 | -$2.6M9 | -$2.4M4 | -$1.8M4 |
| Earnings per share | -$0.047 | $0.018 | -$0.049 | -$0.044 | -$0.034 | ||
| Earnings per share (diluted) | -$0.047 | $0.018 | -$0.049 | -$0.044 | -$0.034 | ||
| Shares (weighted, basic) | 65.1M shares8 | 65.1M shares9 | 65.1M shares4 | 65.1M shares4 | |||
| Shares (weighted, diluted) | 65.2M shares8 | 65.2M shares9 | 65.1M shares4 | 65.1M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $115.7K5 | $354.7K6 | $46.8K7 | $188.8K8 | $21.5K9 | $57.9K4 | $537.1K4 |
| Receivables | $536.6K8 | $640.5K9 | $340.8K4 | $591.0K4 | |||
| Inventory | $201.7K8 | $9.4K9 | $16.8K4 | $2.1K4 | |||
| Current assets | $2.2M5 | $1.5M6 | $831.7K7 | $1.0M8 | $1.1M9 | $568.2K4 | $1.2M4 |
| Property, plant and equipment | $433.0K8 | $38.6K9 | $33.6K4 | $44.0K4 | |||
| Goodwill | $09 | $277.8K9 | $277.8K9 | ||||
| Intangible assets | $419.3K8 | $20.7K9 | $17.9K4 | $14.7K4 | |||
| Total assets | $3.8M5 | $3.1M6 | $2.2M7 | $2.2M8 | $1.6M9 | $851.0K4 | $1.5M4 |
| Accounts payable | $471.2K8 | $1.0M9 | $816.6K4 | $905.0K4 | |||
| Short-term debt | $504.3K9 | $509.8K4 | $506.5K4 | ||||
| Current liabilities | $7.5M5 | $8.7M6 | $10.6M7 | $8.5M8 | $10.5M9 | $12.2M4 | $14.5M4 |
| Long-term debt | $4.7M5 | $3.6M6 | $6.8M7 | $1.8M9 | $1.8M4 | $1.8M4 | |
| Total liabilities | $8.0M5 | $9.3M6 | $10.9M7 | $10.4M8 | $12.6M9 | $14.1M4 | $16.4M4 |
| Retained earnings | -$29.4M8 | -$32.0M9 | -$34.4M4 | -$36.2M4 | |||
| Shareholders’ equity | -$1.8M5 | -$4.3M6 | -$6.7M7 | -$6.3M8 | -$9.0M9 | -$11.3M4 | -$13.0M4 |
| Shares outstanding | 61.7M shares5 | 65.1M shares6 | 65.1M shares7 | 65.1M shares8 | 65.1M shares9 | 65.1M shares4 | 65.1M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.0M5 | -$2.1M6 | -$1.7M7 | -$1.5M8 | -$1.0M9 | -$937.5K4 | -$436.1K4 |
| Depreciation and amortization | $134.0K8 | $70.8K8 | $22.6K4 | $15.0K4 | |||
| Stock-based compensation | $12.6K8 | $09 | $09 | $144.0K4 | |||
| Capital spending | $60.3K5 | $70.1K6 | $131.6K7 | $3.0K8 | $18.4K9 | $14.9K4 | $22.7K4 |
| Free cash flow | -$1.1M | -$2.2M | -$1.8M | -$1.6M | -$1.0M | -$952.4K | -$458.8K |
| Cash from investing | $189.1K8 | -$8.3K9 | $323.6K4 | $36.8K4 | |||
| Cash from financing | $1.5M8 | $865.0K9 | $650.3K4 | $878.5K4 |
Compare Strategic Environmental & Energy Resources, Inc. with another company
What it owns
What Strategic Environmental & Energy Resources, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $780.9K4 Dec 31, 2024 | $762.2K4 Dec 31, 2023 | +2.5% |
| Accumulated depreciation | $736.9K4 Dec 31, 2024 | $728.6K4 Dec 31, 2023 | +1.1% |
| Property and equipment, net | $44.0K4 Dec 31, 2024 | $33.6K4 Dec 31, 2023 | +31.0% |
| Operating-lease assets (leased space) | $126.2K4 Dec 31, 2024 | $191.3K4 Dec 31, 2023 | −34.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $537.1K4 Dec 31, 2024 | $57.9K4 Dec 31, 2023 | +827.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $781.4K4 Dec 31, 2024 | $781.4K4 Dec 31, 2023 | 0% |
| Accumulated amortization | -$766.7K4 Dec 31, 2024 | -$763.5K4 Dec 31, 2023 | −0.4% |
| Finite-lived intangibles, net | $14.7K4 Dec 31, 2024 | $17.9K4 Dec 31, 2023 | −17.9% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $2.1K4 Dec 31, 2024 | $16.8K4 Dec 31, 2023 | −87.5% |
| Finished goods | $2.1K4 Dec 31, 2024 | $16.8K4 Dec 31, 2023 | −87.5% |
Properties, in its own words
Location · Owned/Leased · Function · Building(s) Sq. Footage · Total Acreage
Broomfield, CO (1) · Leased · Corporate office, MV, PWS · 3,864 · n/a
The rest of Item 2
(1) · On May 1, 2019, the Company executed a lease for 3,864 square feet of office space that serves as the headquarters for SEER, MV and PWS. The new lease terminates August 31, 2026, unless otherwise extended.
Item 2 of the 10-K filed Jun 6, 2025.3
Leadership
Who has led Strategic Environmental & Energy Resources, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
201520202025
- Chief executive officerJoseph John Combs Iii. Aug 27, 2013 to Aug 30, 201613
- ChairJoseph John Combs Iii. Jan 17, 2014 to Jan 17, 201414
- PresidentMichael John Cardillo Aug 27, 2013 to Sep 28, 201615
- PresidentFortunato Villamagna Dec 3, 2013 to Jan 17, 201416
- Chief financial officerMonty R. Lamirato Oct 11, 2013 to Jan 17, 201417
Board members and other officers (5)
- Executive VPMichael Jeffrey Readey Apr 17, 2014 to Apr 17, 201418
- Pres, PWS *Fortunato Villamagna Aug 15, 2014 to Jun 13, 201719
- Executive VPJohn Paul Jenkin Aug 27, 2013 to Jan 17, 201420
- Board memberJohn Paul Jenkin Aug 27, 2013 to Jan 17, 201420
- Board memberJoseph John Combs Iii. Aug 27, 2013 to Aug 30, 201613
Timeline
- Mar 3, 20258-K Other events21
- Nov 22, 20248-K Other events22
- Jul 24, 20248-K Other events23
- Jun 14, 20248-K Other events24
- Nov 3, 20238-K Other events25
- Jul 3, 20238-K Executive or director change26
- Nov 7, 20228-K Executive or director change27
- Aug 27, 2013New chief executive Joseph John Combs Iii. becomes CEO13
Filings
41 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 7 major events, 17 other. The latest 20:
- Aug 19, 202615-12G EDGAR
- Mar 31, 2026NT 10-K EDGAR
- Jan 14, 202610-Q EDGAR
- Nov 14, 2025NT 10-Q EDGAR
- Oct 2, 202510-Q EDGAR
- Aug 15, 2025NT 10-Q EDGAR
- Jun 17, 202510-Q EDGAR
- Jun 6, 202510-K EDGAR
- May 16, 2025NT 10-Q EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Mar 3, 20258-K EDGAR
- Feb 14, 2025DEF 14C EDGAR
- Jan 28, 2025PRE 14C EDGAR
- Nov 22, 20248-K EDGAR
- Nov 19, 202410-Q EDGAR
- Nov 15, 2024NT 10-Q EDGAR
- Aug 19, 202410-Q EDGAR
- Aug 15, 2024NT 10-Q EDGAR
- Jul 24, 20248-K EDGAR
- Jun 14, 20248-K EDGAR
The 41 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Strategic Environmental & Energy Resources, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARStrategic Environmental & Energy Resources, Inc.1
- CIK0001576197
- Employer ID (EIN)02-05658343
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)4955 Hazardous Waste Management1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address370 Interlocken Boulevard, Suite 680, Broomfield, CO 800211
- Phone(303)295-64981
- Shares outstanding68,888,575 as of Jan 13, 202611
- Public float$4.9M as of Jun 30, 20243
- AuditorLJ Soldinger Associates, LLC, Deer Park, IL PCAOB ID 318; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMay 21, 20131
- Filings175 in all: 8-K (59), 10-Q (37), 10-K (12), NT 10-K (12), NT 10-Q (10), 4 (8), 3 (6), UPLOAD (6)1
All 22 form types
5 (5), CORRESP (4), D/A (3), 10-12G/A (2), 10-Q/A (2), 10-12B (1), 10-12G (1), 10-K/A (1), 15-12G (1), D (1), DEF 14C (1), PRE 14C (1), RW (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Jun 6, 2025
Quarterly report (10-Q) Jan 14, 2026
Latest 8-K (8-K) Mar 3, 2025
Risk factors and legal proceedings
The risks Strategic Environmental & Energy Resources, Inc. names in Item 1A of its 10-K filed Jun 6, 2025: 31 risks under these headings, as written.3
- Risks Related to Our Business
- Our auditors have expressed substantial doubt about our ability to continue as a going concern.
- We are subject to extensive governmental regulation, which is frequently difficult, expensive, and time-consuming with which to comply; noncompliance could adversely affect our operations and efforts to grow our business results.
- The level of governmental enforcement of environmental and other regulations has an uncertain effect on our business and could reduce the demand for our services.
- We may incur significant charges as a result of divestitures.
- Our substantial indebtedness could adversely affect our financial condition and ability to fulfill our obligations.
- We have a history of losses and we may not be able to achieve profitability in the future.
- We are subject to operating and litigation risks that may not be covered by insurance.
- We have substantial customer concentration, with a limited number of customers accounting for a substantial portion of our 2024 revenues.
- Aggressive pricing by existing competitors and the entrance of new competitors could significantly and adversely affect our results of operations.
- Adverse economic conditions, government funding or competitive pressures affecting our customers could harm our business.
- Our proprietary rights may be difficult to enforce.
The other 20 risks
- We may be found to infringe on intellectual property rights of others.
- Our success in the future may depend on our ability to establish and maintain strategic alliances, and any failure on our part to establish and maintain such relationships could adversely affect our market penetration and revenue growth.
- Attacks on our information technology systems could damage our reputation, negatively impact our businesses and expose us to litigation risk.
- The handling of regulated waste exposes us to the risk of environmental liabilities.
- Our businesses are subject to operational and safety risks.
- The extensive environmental regulations to which we are subject may increase our costs and potential liabilities and limit our ability to expand our facilities.
- We may not be able to obtain timely or cost-effective transportation services which could adversely affect our profitability.
- We may not be able to effectively adopt or adapt to new or improved technologies.
- In the event that we undertake future acquisitions, we may not be able to successfully execute our acquisition strategy.
- Acquisitions that we undertake could be difficult to integrate, disrupt our business, dilute stockholder value and adversely affect our results of operations.
- We face risks associated with project work and services that are provided on a non-recurring basis.
- Some of our customers have suffered financial difficulties, which could negatively impact our operating results.
- Our success depends on our executive officers and other key personnel. If we lose key personnel or are unable to hire additional qualified personnel, our business may be harmed.
- Natural disasters, terrorist attacks or other catastrophic events could negatively affect our business, financial condition, and results of operations.
- Risks Related to Our Common Stock
- The material weaknesses in our internal control over financial reporting may adversely impact our company.
- We are subject to the reporting requirements of the federal securities laws, which can be expensive.
- The issuance or sale of equity, convertible or exchangeable securities in the market, or the perception of such future sales or issuances, could lead to a decline in the price, if any, of our common stock.
- We may experience volatility in our stock price, which could negatively affect your investment, and you may not be able to resell your shares at or above the offering price.
- We do not presently intend to pay any cash dividends on or repurchase any shares of our common stock.
- Because our shares are deemed “penny stock,” you may have difficulty selling them in the secondary trading market.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARJoseph John Combs Iii., Chair
- 15SEC EDGARMichael John Cardillo, President
- 16SEC EDGARFortunato Villamagna, President
- 17
- 18SEC EDGARMichael Jeffrey Readey, Executive VP
- 19SEC EDGARFortunato Villamagna, Pres, PWS *
- 20SEC EDGARJohn Paul Jenkin, Executive VP
- 21SEC EDGAROther events
- 22SEC EDGAROther events
- 23SEC EDGAROther events
- 24SEC EDGAROther events
- 25SEC EDGAROther events
- 26SEC EDGARExecutive or director change
- 27SEC EDGARExecutive or director change