What does TECX's flat EPS in Q2 2023 indicate?

Tectonic's (TECX) flat EPS in Q2 2023 indicates a significant financial strain for the company, suggesting that it may be operating at a loss or experiencing reduced profitability compared to the previous quarter. The negative net income and diluted EPS values further underscore the company's challenging financial position. |code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---|---| |TECX|TECX.O|Tectonic|2022 Q3||-2.2969E7|-0.52|185| |TECX|TECX.O|Tectonic|2022 Q4|0|-2.5034E7||185| |TECX|TECX.O|Tectonic|2023 Q1||-2.4957E7|-0.57|185| |TECX|TECX.O|Tectonic|2023 Q2||-1.0455E7|-8.51|185|