2006 saw the band facing bankruptcy. 'WineDark Records', their label, had imploded, leaving them without distribution, tour support, or promised advance payments. Crew members and other staff went unpaid. To add insult to injury, an expected tax refund that would have helped didn't arrive due to the accountant failing to file their taxes, leaving them owing $120,000 to the government.
A lucky break would bestow them with the signing to 'Asylum Records' (a 'Warner Brothers' imprint) making them the first rock band on that label, with the release of their sixth full-length studio album, Alpha, on March 6, 2007. The album debuted at 14 in the US, the band's highest chart position yet, selling over 42,000 copies in its first week of sale. Between 2005 and 2008 Sonny Mayo would assume rhythm guitar while Connolly focused on his lead guitar duties until Mayo's departure in 2008.
Chapter VII: Hope & Sorrow (2008), Cold Day Memory (2010), Black Out the Sun (2013), Time Travelers & Bonfires (2014), Kill the Flaw (2015) and All I See Is War (2018) followed.