Why is OKLO's EPS consistently zero?

Oklahoma Gas and Electric Company (OKLO) reported a negative net income of $10.29 million for the most recent quarter ending on December 31, 2024. The company's diluted EPS (Earnings Per Share) has been consistently zero or close to zero, which can be attributed to the following factors: |code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---|---| |OKLO|OKLO.N|Oklo|2024 Q1||1528369|0.04|169| |OKLO|OKLO.N|Oklo|2024 Q2||-2.9345984E7|-5.17|169| |OKLO|OKLO.N|Oklo|2024 Q3||-9959165|-0.08|169| |OKLO|OKLO.N|Oklo|2024 Q4||-1.0288767E7||169| 1. **Negative Net Income**: The negative net income indicates that the company has been unprofitable in the recent past. This is a red flag for investors, as it suggests that the company may not be generating enough revenue to cover its expenses. 2. **Low Revenue**: The total revenue for the same period was not provided, but the absence of positive net income despite a non-zero revenue suggests that the company's expenses are significantly higher than its revenue. This could be due to high operational costs, one-time expenses, or a combination of both. 3. **Economic Conditions**: The company's financial performance may also be influenced by broader economic conditions. Factors such as market competition, regulatory changes, and overall economic health can impact a company's ability to generate profits. In conclusion, OKLO's zero or negative EPS is likely a result of the company's inability to generate sufficient profit to cover its expenses, despite some revenue generation. The negative net income and low revenue figures for the recent quarter underscore these challenges. Investors should monitor the company's future financial reports to assess whether these trends are improving or worsening.