A disappointing performance from John Wick spinoff Ballerina has left TV and movie production company Lionsgate facing a $94 million quarterly net loss. The Ana de Armas-starring film opened on June 6 to positive reviews, though failed to match the box office of the main John Wick movies.

After spinning off its Starz cable and streaming business, Lionsgate‘s posted a $10.6 million loss during its most recent quarter. The company, which now consists of its film and television studios, released “The Studio,

John Wick spinoff Ballerina may have been a box office misfire in June, but its release stirred enough interest in the franchise to boost Lionsgate’s library revenue close to $1 billion over the trailing 12-month period.

Lionsgate is going through a turbulent period following its split with Starz, reporting a $109 million net loss in its latest quarterly earnings report on Thursday. Excluding one-item items, the adjusted loss for Lionsgate's reported fiscal first quarter ending June 30 was $88 million,