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S-3 Filing
Standard BioTools (LAB) S-3Shelf registration
Filed: 4 Apr 12, 12:00am
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS
Fiscal Year Ended | ||||||||||||||||||||
(In thousands) | December 29, 2007 | December 27, 2008 | December 31, 2009 | December 31, 2010 | December 31, 2011 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Net loss before income taxes | (25,346) | (29,646) | (19,178) | (16,819) | (22,304) | |||||||||||||||
Add: Combined fixed charges | 3,448 | 2,562 | 3,761 | 2,908 | 3,621 | |||||||||||||||
Less: Capitalized interest | - | - | - | - | - | |||||||||||||||
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Total earnings for computation of ratio | (21,898) | (27,084) | (15,417) | (13,911) | (18,683) | |||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense including capitalized interest | 2,790 | 2,031 | 2,876 | 2,158 | 3,101 | |||||||||||||||
Estimated interest component of rent | 658 | 531 | 885 | 750 | 520 | |||||||||||||||
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Total fixed charges | 3,448 | 2,562 | 3,761 | 2,908 | 3,621 | |||||||||||||||
Combined fixed charges and preference dividends: | ||||||||||||||||||||
Interest expense including capitalized interest | 2,790 | 2,031 | 2,876 | 2,158 | 3,101 | |||||||||||||||
Estimated interest component of rent | 658 | 531 | 885 | 750 | 520 | |||||||||||||||
Deemed dividend | - | - | - | - | 9,900 | |||||||||||||||
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Total combined fixed charges and preference dividends | 3,448 | 2,562 | 3,761 | 2,908 | 13,521 | |||||||||||||||
Ratio of earnings to fixed charges (1) | - | - | - | - | - | |||||||||||||||
Ratio of earnings to combined fixed charges and preference dividends (1) | - | - | - | - | - |
(1) | Earnings for 2007, 2008, 2009, 2010, and 2011 were insufficient to cover fixed charges and preference dividends by $25.3 million, $29.6 million, $19.2 million, $16.8 million and $32.2 million, respectively. As of the date of this prospectus, we have no shares of preferred stock outstanding and, consequently, our ratio of earnings to combined fixed charges and preference dividends and ratio of earnings to fixed charges would be identical. |