Remember Knight Capital Group’s algorithm-driven stock trading glitch from yesterday?

Turned out that 45 minute mistake, the company said in a statement, "has resulted in a realized pre-tax loss of approximately $440 million."

In other words, about $10 million per minute, which makes it a ridiculously expensive mistake.

In Q2 2012, the company took in $289 million in revenue—meaning this single’s day loss could possibly drive the company out of business. Investors agreed, dumping the stock as fast as possible. Trading of KCG stock closed on the day at $2.58 per share, a single-day loss of over 60 percent.

Knight Capital Group said that the loss has "severely impacted" the company’s capital base. That’s finance-speak for "We're in big trouble."

The company added that it is "actively pursuing its strategic and financing alternatives to strengthen its capital base." Translation: We need money, quick!