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H.S. junior Good
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Removed:
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EXHIBIT 12.1 | ||||||||||||||||||
Omeros Corporation | ||||||||||||||||||
Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges | ||||||||||||||||||
For the | ||||||||||||||||||
three months | ||||||||||||||||||
ended | ||||||||||||||||||
March 31, | Year Ended December 31, | |||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||
(in thousands) | ||||||||||||||||||
Earnings before fixed charges: | ||||||||||||||||||
Loss from continuing operations before income taxes | $ | (16,642 | ) | $ | (39,796 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) | $ | (21,089 | ) |
Add fixed charges | 1,511 | 5,621 | 2,305 | 2,144 | 2,104 | 2,596 | ||||||||||||
Add amortization of capitalized interest | — | — | — | — | — | — | ||||||||||||
Add distributed income of equity investees | — | — | — | — | — | — | ||||||||||||
Subtract capitalized interest | — | — | — | — | — | — | ||||||||||||
Loss before fixed charges | $ | (15,131 | ) | $ | (34,175 | ) | $ | (36,139 | ) | $ | (26,402 | ) | $ | (27,147 | ) | $ | (18,493 | ) |
Fixed Charges: | ||||||||||||||||||
Interest expense | $ | 515 | $ | 1,865 | $ | 1,355 | $ | 1,532 | $ | 1,328 | $ | 1,948 | ||||||
Amortization of debt expense and loss from extinguishment of debt | 157 | 502 | 374 | 352 | 503 | 254 | ||||||||||||
Estimate of interest expense within rental expense | 839 | 3,254 | 576 | 260 | 273 | 394 | ||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | ||||||||||||
Total fixed charges | $ | 1,511 | $ | 5,621 | $ | 2,305 | $ | 2,144 | $ | 2,104 | $ | 2,596 | ||||||
Deficiency of earnings available to cover fixed charges | $ | (16,642 | ) | $ | (39,796 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) | $ | (21,089 | ) |