Exhibit 12.1
Athersys, Inc.
Computation of Ratio of Earnings to Fixed Charges
(amounts in thousands)
Year Ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Consolidated pretax loss from continuing operations | $ | (15,374 | ) | $ | (16,460 | ) | $ | (22,335 | ) | $ | (30,743 | ) | $ | (14,735 | ) | |||||
Interest expense | 10 | 16 | 13 | 11 | 8 | |||||||||||||||
Interest portion of rental expense | 29 | 29 | 30 | 29 | 29 | |||||||||||||||
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Total loss | $ | (15,335 | ) | $ | (16,415 | ) | $ | (22,292 | ) | $ | (30,703 | ) | $ | (14,698 | ) | |||||
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Interest expense | $ | 10 | $ | 16 | $ | 13 | $ | 11 | $ | 8 | ||||||||||
Interest portion of rental expense | 29 | 29 | 30 | 29 | 29 | |||||||||||||||
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Fixed Charges Requirements | $ | 39 | $ | 45 | $ | 43 | $ | 40 | $ | 37 | ||||||||||
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Ratio of Earnings to Fixed Charges | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) |
(1) | For the years ended December 31, 2016, 2015, 2014, 2013, and 2012 there was a deficiency of earnings to cover the fixed charges of $39, $45, $43, $40 and $37, respectively |