The pyruvates can only be broken down into many atp if oxygen is present, Fermentation in animals is the breakdown of glucose in the absence of oxygen.
Glucose → Pyruvate ↔ Lactate
The product of this reaction is Lactate. This reaction is reversible, and lactate can be converted back into pyruvate in the presence of oxygen.
It only takes place in the cytoplasm and only releases a small amount of energy, enough to produce only the initial 2 molecules of ATP.