Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(in thousands)
Fiscal Year Ended December 31, | ||||||||||||||||||||
2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
Loss: | ||||||||||||||||||||
Loss from continuing operations | $ | (60,712 | ) | $ | (48,214 | ) | $ | (40,112 | ) | $ | (19,885 | ) | $ | (14,542 | ) | |||||
Add: Fixed charges | 9,142 | 4,012 | 2,516 | 1,232 | 1,540 | |||||||||||||||
Less: Capitalized interest | (1,332 | ) | (297 | ) | — | — | — | |||||||||||||
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Total loss | $ | (52,902 | ) | $ | (44,499 | ) | $ | (37,596 | ) | $ | (18,653 | ) | $ | (13,002 | ) | |||||
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Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 5,464 | $ | 2,649 | $ | 1,612 | $ | 868 | $ | 283 | ||||||||||
Amortization and expensing of debt expense | 2,206 | 928 | 762 | 235 | 1,102 | |||||||||||||||
Interest component of rent expense | 140 | 138 | 142 | 129 | 155 | |||||||||||||||
Capitalized interest | 1,332 | 297 | — | — | — | |||||||||||||||
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Total fixed charges | $ | 9,142 | $ | 4,012 | $ | 2,516 | $ | 1,232 | $ | 1,540 | ||||||||||
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Ratio of Earnings to Fixed Charges | — | — | — | — | — | |||||||||||||||
Deficiency of Earnings Available to Cover Fixed Charges | $ | (62,044 | ) | $ | (48,511 | ) | $ | (40,112 | ) | $ | (19,885 | ) | $ | (14,542 | ) |