"Jem and the Holograms" was pulled out from theaters just two weeks following its release after an apparently flop not only in ticket sales but in reviews.

According to Screen Rant, the film is most probably the "worst" movie Universal Studios has ever distributed with only $1.37 million ticket sales during in its opening weekend and measly $2.1 million earning for its entire stay in theaters.

This, says the outlet, may not seem a significant amount of loss for the studio who spent some $5 million on the film but when you put into consideration the 2,413 screens it is being shown at, it can now be considered an utter failure.

In fact, Exhibitor Relations senior analyst Jeff Bock dubbed the film's theatrical performance as "the worst all-time."

"This is unprecedented, and shows just how badly this film flopped. Not only is it the lowest-grossing debut for a studio film this year, but it's the worst all-time - by a considerable margin - for any film released in 2,000-plus theaters," he told the Business Insider.

The live-action film, which is based on a 1980s cartoon of the same title, garnered only 20 percent "fresh" rating from online movie reviewers on Rotten Tomatoes who believe that the reason why it flopped is because it "ignores its source material's goofy charm in favor of bland by-the-numbers drama."

Screen Rant believes that the film would have appealed to members of "Generation X" if only it remained true to its source.

"The utter failure of 'Jem and the Holograms' shines a light on how Hollywood studios should approach beloved properties. For starters, the live-action version of Jem deviated from the source material in such a way that put off longtime Jem fans well before the film hit theaters," the report explained.

Another thing the site noted about the film is that it seemed a bit more "calculated" and less "creative" or "well-thought out" which was made even worse by being developed as a conventional drama instead of the exciting "rockstar superhero" theme of the original cartoon.

In a review, Variety even called the flick a "considerably less fun than any paper-thin 'Star Is Born' ripoff has any right to be."

Either way, the outlet still believes that Universal Studios did not suffer much with this flop as it still has plenty of other record-breaking films and franchises that earn them billions of dollars like "Jurassic World," "Minions," and "Fifty Shades of Grey" among others.