The cupcake craze that marked dessert trends of the past few years is running out of steam. Crumbs Bake Shop, the national bakery specializing in over the top, pricy cupcakes in fancy flavors, abruptly ceased operations at the end of the day yesterday, July 7, per the Wall Street Journal.

Crumbs had locations in 11 states and DC, including three in Massachusetts at 176 Federal Street, the Prudential Center and the Natick Mall. When the Federal Street location first opened its doors in 2011, the same year the company went public, lines stretched out the door. Now, three years later, gourmet cupcakes don’t have the same draw. Last year, during the cronut craze of 2013, Crumbs introduced their take on the hybrid dessert, the “Crumbnut,” but apparently, the of-the-moment dessert wasn’t enough to keep the business afloat.

The Wall Street Journal reports that the company’s stock, which once sold for $13 a share, dropped to 30 cents a share before being delisted by Nasdaq this June. After Crumbs closed all locations Monday, a spokeswoman for the company told the Wall Street Journal that filing bankruptcy could be their next option. As of today, the company’s website is still functioning, but their online store is closed.

Crumbs isn’t the only high-end cupcake shop facing closures. Local bakery Cakeology closed its Downtown Crossing location this summer after relocating to the space just last year.

Image via Crumbs Bake Shop/Facebook