EXHIBIT 12.1
STATEMENT REGARDING COMPUTATION OF RATIOS
(in thousands)
| Year Ended December 31, | Nine Months Ended September 30, | |||||||||||||||||||||||
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |||||||||||||||||||
| Earnings: | ||||||||||||||||||||||||
| Pretax loss | $ | (4,406 | ) | $ | (36,445 | ) | $ | (59,312 | ) | $ | (117,372 | ) | $ | (76,390 | ) | $ | (51,746 | ) | ||||||
| Add fixed charges | 828 | 1,460 | 883 | 482 | 40 7 | 2 40 | ||||||||||||||||||
| Total earnings | (3,578 | ) | (34,985 | ) | (58,429 | ) | (116,890 | ) | (75,98 3 | ) | (51,5 06 | ) | ||||||||||||
| Fixed charges: | ||||||||||||||||||||||||
| Interest expensed, including amortization of debt discount and deferred financing costs | 676 | 1,344 | 776 | 222 | - | - | ||||||||||||||||||
| Estimated interest component of rent expense | 152 | 116 | 108 | 259 | 40 7 | 2 40 | ||||||||||||||||||
| Total fixed charges | 828 | 1,460 | 883 | 482 | 40 7 | 2 40 | ||||||||||||||||||
| Ratio of earnings to fixed charges | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||
| Deficiency of earnings available to cover fixed charges | $ | (4,406 | ) | $ | (36,445 | ) | $ | (59,312 | ) | $ | (117,372 | ) | $ | (76,390 | ) | $ | (51,746 | ) | ||||||
