Exhibit 12.1
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | Three Months Ended March 31, 2016 | |||||||||||||||
2015 | 2014 | 2013 | ||||||||||||||
(in thousands) | ||||||||||||||||
Net loss before income tax benefit (provision) | $ | (13,322 | ) | $ | (1,516 | ) | $ | (953 | ) | $ | (9,748 | ) | ||||
Ratio of earnings to fixed charges(1) | N/A | N/A | N/A | N/A | ||||||||||||
Deficiency of earnings available to cover fixed charges(2) | $ | (12,973 | ) | $ | (1,516 | ) | $ | (953 | ) | $ | (9,063 | ) |
(1) | In each of the periods presented, earnings were not sufficient to cover fixed charges. |
(2) | For purposes of this calculation, earnings consist of loss before income taxes and fixed charges. Fixed charges consist of interest expense. |