It’s hard to overstate how much Zynga has collapsed in recent years, and it's struggling to regain its past glory. Since 2008, Zynga has lost nearly $1 billion and has only had one profitable year (2010).

Over the course of 2015, its quarterly average of daily average users (DAU) steadily declined from 25 million during the first quarter to 18 million in the fourth quarter. By comparison, Zynga DAU peaked at 72 million back in Q2 2012.

So what will the tenacious San Francisco startup do now? According to a new filing with the Securities and Exchange Commission , founder Mark Pincus has been ousted again—he came back as CEO for the second time in April 2015. On March 7, the job will go to Frank Gibeau, a veteran of Electronic Arts—and he will be paid handsomely for it. Gibeau’s minimum salary will be $1 million and a “guaranteed minimum annual bonus equal to 100% of his annual base salary, pro-rated for the number of days he works for Zynga in 2016.”

According to the company’s own annual report, which was released last month:

Moreover, our mobile games generally monetize at a lower rate than our web-based games and we may not be successful in our efforts to increase our monetization from mobile games. If we are unable to offset the decline in our web-based games with bookings from our mobile games, our revenue and our financial performance will suffer. We are also a relatively new entrant in the mobile game market and, as a result have a relatively short history in developing and launching mobile games. As a result of this we may have difficulty predicting the development schedule of a new game and forecasting bookings for a game.

Ars covered Zynga’s rise and fall in a large feature in September 2013.