| EXHIBIT 12.1 | |||||||||||||||||||||||
| Omeros Corporation | |||||||||||||||||||||||
| Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges | |||||||||||||||||||||||
| For the three months ended | Year Ended December 31, | ||||||||||||||||||||||
| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||
| (in thousands) | (in thousands) | ||||||||||||||||||||||
| Earnings before fixed charges: | |||||||||||||||||||||||
| Loss from continuing operations before income taxes | $ | (15,089 | ) | $ | (66,745 | ) | $ | (75,096 | ) | $ | (73,673 | ) | $ | (39,796 | ) | $ | (38,444 | ) | |||||
| Add fixed charges | 3,552 | 16,697 | 8,295 | 6,824 | 5,621 | 2,305 | |||||||||||||||||
| Add amortization of capitalized interest | — | — | — | — | — | — | |||||||||||||||||
| Add distributed income of equity investees | — | — | — | — | — | — | |||||||||||||||||
| Subtract capitalized interest | — | — | — | — | — | — | |||||||||||||||||
| Loss before fixed charges | $ | (11,537 | ) | $ | (50,048 | ) | $ | (66,801 | ) | $ | (66,849 | ) | $ | (34,175 | ) | $ | (36,139 | ) | |||||
| Fixed Charges: | |||||||||||||||||||||||
| Interest expense | $ | 2,473 | $ | 6,359 | $ | 2,709 | $ | 2,710 | $ | 1,865 | $ | 1,355 | |||||||||||
| Amortization of debt expense and loss from extinguishment of debt | 190 | 7,055 | 2,177 | 759 | 502 | 374 | |||||||||||||||||
| Estimate of interest expense within rental expense | 889 | 3,283 | 3,409 | 3,355 | 3,254 | 576 | |||||||||||||||||
| Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | |||||||||||||||||
| Total fixed charges | $ | 3,552 | $ | 16,697 | $ | 8,295 | $ | 6,824 | $ | 5,621 | $ | 2,305 | |||||||||||
| Deficiency of earnings available to cover fixed charges | $ | (15,089 | ) | $ | (66,745 | ) | $ | (75,096 | ) | $ | (73,673 | ) | $ | (39,796 | ) | $ | (38,444 | ) | |||||
Omeros (OMER)
Filed: 10 May 17, 12:00am