The cyber company hired by Arizona Republicans to investigate the 2020 presidential elections results is shutting down. Cyber Ninjas has confirmed plans to shutter the business after a court ruling issued the company a hefty ultimatum.

On Thursday, the Maricopa Superior Court found Cyber Ninjas in contempt and ordered the company to comply with a prior ruling to release material related to a public record request or pay $50,000 a day in fines until it complies.

According to The Washington Examiner:

“Yes, Cyber Ninjas is shutting down,” Rod Thomson, a spokesman for the company told the Washington Examiner.

Thomson said the decision to shut down the company came “well prior to that ruling” and declined to comment on the court decision.

Jack Wilenchik, a lawyer for Cyber Ninjas, said that the company was insolvent and could not afford to produce the requested records, an argument that did not go over well with Maricopa County Superior Court Judge John Hannah.

“The court is not going to accept the assertion that Cyber Ninjas is an empty shell and that no one is responsible for seeing that it complies,” the judge said in response, according to the Arizona Daily Sun.

Ultimately, Cyber Ninjas confirmed that Joe Biden did win Arizona in the 2020 election.