EXHIBIT 12.1 | |||||||||||||||||||||||
Omeros Corporation | |||||||||||||||||||||||
Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges | |||||||||||||||||||||||
For the | |||||||||||||||||||||||
nine months | |||||||||||||||||||||||
ended | |||||||||||||||||||||||
September 30, | Year Ended December 31, | ||||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||
(in thousands) | (in thousands) | ||||||||||||||||||||||
Earnings before fixed charges: | |||||||||||||||||||||||
Loss from continuing operations before income taxes | $ | (55,270 | ) | $ | (73,673 | ) | $ | (39,796 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) | |||||
Add fixed charges | 5,327 | 6,824 | 5,621 | 2,305 | 2,144 | 2,104 | |||||||||||||||||
Add amortization of capitalized interest | — | — | — | — | — | — | |||||||||||||||||
Add distributed income of equity investees | — | — | — | — | — | — | |||||||||||||||||
Subtract capitalized interest | — | — | — | — | — | — | |||||||||||||||||
Loss before fixed charges | $ | (49,943 | ) | $ | (66,849 | ) | $ | (34,175 | ) | $ | (36,139 | ) | $ | (26,402 | ) | $ | (27,147 | ) | |||||
Fixed Charges: | |||||||||||||||||||||||
Interest expense | $ | 2,104 | $ | 2,710 | $ | 1,865 | $ | 1,355 | $ | 1,532 | $ | 1,328 | |||||||||||
Amortization of debt expense and loss from extinguishment of debt | 658 | 759 | 502 | 374 | 352 | 503 | |||||||||||||||||
Estimate of interest expense within rental expense | 2,565 | 3,355 | 3,254 | 576 | 260 | 273 | |||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | |||||||||||||||||
Total fixed charges | $ | 5,327 | $ | 6,824 | $ | 5,621 | $ | 2,305 | $ | 2,144 | $ | 2,104 | |||||||||||
Deficiency of earnings available to cover fixed charges | (55,270 | ) | $ | (73,673 | ) | $ | (39,796 | ) | $ | (38,444 | ) | $ | (28,546 | ) | $ | (29,251 | ) |
Omeros (OMER) 10-Q2015 Q3 Quarterly report
Filed: 9 Nov 15, 12:00am