Exhibit 12.1
CODEXIS, INC.
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
| Nine Months Ended September 30, | ||||||||||||||||||||||||
| Years Ended December 31, | ||||||||||||||||||||||||
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest Expense | $ | — | $ | — | $ | 13 | $ | — | $ | — | $ | 12 | ||||||||||||
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Total Fixed Charges | — | — | 13 | — | — | 12 | ||||||||||||||||||
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Earnings available for fixed charges: | ||||||||||||||||||||||||
Pre-tax income (loss) from continuing operations | (16,309 | ) | (30,587 | ) | (41,390 | ) | (19,327 | ) | (7,919 | ) | (3,313 | ) | ||||||||||||
Add: Fixed Charges | — | — | 13 | — | — | 12 | ||||||||||||||||||
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Earnings (deficiency of earnings) available to cover fixed charges | $ | (16,309 | ) | $ | (30,587 | ) | $ | (41,377 | ) | $ | (19,327 | ) | $ | (7,919 | ) | $ | (3,301 | ) | ||||||
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Ratio of earnings to fixed charges(1) | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||
| (1) | Our earnings were inadequate to cover fixed charges for the years ended December 31, 2011 through December 31, 2015 and the nine months ended September 30, 2016 |