Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
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| Six Months | |
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| Fiscal Year Ended March 31, |
| September 30, | |||||||||||
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| 2013 |
| 2014 |
| 2015 |
| 2016 |
| 2016 | |||||
Earnings available to cover fixed charges |
| $ | (1,015,082) |
| $ | (886,473) |
| $ | (14,143,431) |
| $ | (21,824,943) |
| $ | (17,881,563) |
Fixed charges |
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| 224,836 |
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| 325,348 |
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| 570,737 |
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| 3,024 |
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| 2,727 |
Ratio of earnings to fixed charges |
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| — |
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| — |
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| — |
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| — |
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| — |
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Calculation of earnings available: |
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Net loss |
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| (1,239,918) |
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| (1,211,821) |
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| (14,714,168) |
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| (21,827,967) |
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| (17,884,290) |
Fixed charges |
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| 224,836 |
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| 325,348 |
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| 570,737 |
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| 3,024 |
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| 2,727 |
Earnings (loss) available to cover fixed charges |
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| (1,015,082) |
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| (886,473) |
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| (14,143,431) |
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| (21,824,943) |
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| (17,881,563) |
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Calculation of earnings available: |
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Net loss |
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| 224,836 |
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| 325,348 |
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| 570,737 |
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| 3,024 |
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| 2,727 |
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Fixed charges |
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| 224,836 |
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| 325,348 |
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| 570,737 |
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| 3,024 |
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| 2,727 |
