Certain members of the population might remember a time when you had to use cameras to take photos and film things.

And one of the companies most synonymous with “film” was Kodak, a company which just announced it might be on the way out .

USA Today reports how Kodak — which was first founded in Rochester, New York, in 1888 — explained on Monday there was some “substantial doubt” that the company could continue operations as it faces over $470 million in debt. It has even slashed its pension plan as a means to keep the lights on.

“Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current terms,” Kodak stated in a regulatory to the Securities and Ex

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