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(one's) last gasp
The final moment or action before one can no longer continue to live, function, compete, fight, etc. Many believe the company's latest product could be their last gasp—if it flops, many predict they'll go under. This debate is likely his last gasp to keep his election hopes alive.
Final, usually drastic or risky, with failure as the only alternative. The home team is mounting one last-gasp attempt in the final seconds of the game to try to force an overtime showdown. In a last-gasp effort to avoid a government shutdown, congress has pushed forward a new spending bill.
the/(one's) last gasp
1. The final moment before one dies; the last period of one's life. Even though my grandfather's lungs were riddled with cancer and emphysema, he remained a smoker until his very last gasp.
2. The last moment before a person or group ultimately fails or must give up. We might be down by 10 points, but we have to keep on fighting to the last gasp! Even as their stocks plummeted, the company maintained a public image of success right to their last gasp. Some say we're seeing capitalism's last gasp, but I think that view ignores a lot of factors.
3. One's or something's final attempt to succeed or else face failure, death, destruction, etc. The play was their last gasp to tie the game, but the quarterback fumbled the snap. Many see this latest video game console as the company's last gasp, especially following the disastrous flop of their last one.
The moment before death; also, the end. For example, "Fight till the last gasp" (Shakespeare, 1 Henry VI, 1:2), or He was determined to stay at the party until the last gasp. This idiom alludes to taking one's last breath, literally (first example) or figuratively (second example). [Late 1500s]
your/the last ˈgaspthe point at which you/something can no longer continue living, fighting, existing, etc: People are saying that the group’s latest actions are simply the last gasp of a dying campaign.
A gasp is a quick deep breath.