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Exhibit 12.1
CODEXIS, INC.
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
Years Ended December 31, | ||||||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | ||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||
Interest Expense | $ | — | $ | 13 | $ | — | $ | — | $ | 14 | ||||||||||||
Total Fixed Charges | — | 13 | — | — | 14 | |||||||||||||||||
Earnings (deficiency) available for fixed charges: | ||||||||||||||||||||||
Pre-tax income(loss) from continuing operations | (30,587 | ) | (41,390 | ) | (19,327 | ) | (7,919 | ) | (8,598 | ) | ||||||||||||
add: Fixed Charges | — | 13 | — | — | 14 | |||||||||||||||||
Earnings(deficiency of earnings) available to cover fixed charges | $ | (30,587 | ) | $ | (41,377 | ) | $ | (19,327 | ) | $ | (7,919 | ) | $ | (8,584 | ) | |||||||
Ratio of earnings to fixed charges (1) | 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, 2012 through December 31, 2016. |