EXHIBIT 12.1 | |||||||||||||||||||||||
Omeros Corporation | |||||||||||||||||||||||
Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges | |||||||||||||||||||||||
For the six months ended | Year Ended December 31, | ||||||||||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||
(in thousands) | (in thousands) | ||||||||||||||||||||||
Earnings before fixed charges: | |||||||||||||||||||||||
Loss from continuing operations before income taxes | $ | (63,750 | ) | $ | (53,481 | ) | $ | (66,745 | ) | $ | (75,096 | ) | $ | (73,673 | ) | $ | (39,796 | ) | |||||
Add fixed charges | 8,992 | 13,987 | 16,697 | 8,295 | 6,824 | 5,621 | |||||||||||||||||
Add amortization of capitalized interest | — | — | — | — | — | — | |||||||||||||||||
Add distributed income of equity investees | — | — | — | — | — | — | |||||||||||||||||
Subtract capitalized interest | — | — | — | — | — | — | |||||||||||||||||
Loss before fixed charges | $ | (54,758 | ) | $ | (39,494 | ) | $ | (50,048 | ) | $ | (66,801 | ) | $ | (66,849 | ) | $ | (34,175 | ) | |||||
Fixed Charges: | |||||||||||||||||||||||
Interest expense | $ | 5,907 | $ | 10,013 | $ | 6,359 | $ | 2,709 | $ | 2,710 | $ | 1,865 | |||||||||||
Amortization of debt expense and loss from extinguishment of debt | 595 | 804 | 7,055 | 2,177 | 759 | 502 | |||||||||||||||||
Estimate of interest expense within rental expense | 2,490 | 3,170 | 3,283 | 3,409 | 3,355 | 3,254 | |||||||||||||||||
Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | |||||||||||||||||
Total fixed charges | $ | 8,992 | $ | 13,987 | $ | 16,697 | $ | 8,295 | $ | 6,824 | $ | 5,621 | |||||||||||
Deficiency of earnings available to cover fixed charges | $ | (63,750 | ) | $ | (53,481 | ) | $ | (66,745 | ) | $ | (75,096 | ) | $ | (73,673 | ) | $ | (39,796 | ) |
Omeros (OMER) 10-Q2018 Q2 Quarterly report
Filed: 9 Aug 18, 4:17pm