Exhibit 12.1
Chiasma Inc.
Computation of Ratio of Earnings to Fixed Charges
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||||||||||||||||
| (dollars in thousands) | ||||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 131 | $ | 264 | $ | 349 | $ | 27 | $ | 1,066 | ||||||||||
Interest expense on portion of rent expense representative of interest | 76 | 98 | 28 | 24 | 27 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Fixed Charges | $ | 207 | $ | 362 | $ | 377 | $ | 51 | $ | 1,093 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Earnings (loss): | ||||||||||||||||||||
Pre-tax income (loss) from continuing operations | $ | (27,416 | ) | $ | (60,764 | ) | $ | (35,747 | ) | $ | (1,835 | ) | $ | 37,405 | ||||||
Fixed charges per above | 207 | 362 | 377 | 51 | 1,093 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total earnings (loss) | $ | (27,209 | ) | $ | (60,402 | ) | $ | (35,370 | ) | $ | (1,784 | ) | $ | 38,498 | ||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Ratio of earnings to fixed charges | N/A | N/A | N/A | N/A | 35.22 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Deficiency of earnings available to cover fixed charges | $ | (27,416 | ) | $ | (60,764 | ) | $ | (35,747 | ) | $ | (1,835 | ) | $ | 37,405 | ||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Preferred share dividend requirements | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||
Total combined fixed charges and preferred share dividends | $ | 207 | $ | 362 | $ | 377 | $ | 51 | $ | 1,093 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Ratios of earnings to combined fixed charges and preferred share dividends | N/A | N/A | N/A | N/A | 35.22 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Deficiency of earnings available to cover fixed charges and preferred share dividend requirements | N/A | $ | (60,764 | ) | $ | (35,747 | ) | $ | (1,835 | ) | $ | 37,405 | ||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
