Atari recently posted its annual report for last year and is reporting a loss of over $71 million dollars, a great deal of which is ‘goodwill impairment charges’. I am not an economist, but this doesn’t look good for the future of the company.
“The company now says it will report a loss of USD 71.3 million, or USD 5.29 a share, compared with a lost of USD 69 million for the prior year. Without the goodwill impairment charge, Atari would have posted a loss of USD 17.2 million, or USD 1.28 per share.”
The article doesn’t really say what a ‘goodwill impairment charge’ is, but this site has a pretty concise explanation.