Why did NXTT's EPS drop to zero in Q2 2023?

The EPS of Next Technology (NXTT) dropped to zero in Q2 2023 due to a significant decline in net margin, which was -364.48% during that quarter. This indicates that the company's expenses far exceeded its revenues, resulting in a negative net margin and a corresponding drop in EPS. Such a substantial decline in net margin suggests that NXTT faced considerable challenges or inefficiencies during that period, leading to a substantial increase in costs or a significant decrease in revenue compared to the previous quarter.

|code|Ticker|Name|Date|Net Profit Margin YoY|Net Profit Margin|market_code|
|---|---|---|---|---|---|---|
|NXTT|NXTT.O|Next Technology|2022 Q3|-367.7954954539161|-92.8372|186|
|NXTT|NXTT.O|Next Technology|2022 Q4|-317.77575863669074|-78.3751|186|
|NXTT|NXTT.O|Next Technology|2023 Q1|-1544.4953616182888|-362.1841|186|
|NXTT|NXTT.O|Next Technology|2023 Q2|-11954.556690301177|-364.4802|186|