Gonzo

Gonzo is a Japanese anime studio established on September 11, 1992 by former Gainax staff members. In 2019, they reported a 600 million yen loss, and a insolvency of 3.4 billion yen. Due to this, Firebasket Studios/Typewriter Japan would try to buy out the company and keep the same staff, but have the staff work on "safe" projects, such as the Xelphos series. After a few weeks, the buyout was approved and confirmed on April 15, 2019.