Exhibit 12.1
STATEMENT REGARDING COMPUTATION OF CONSOLIDATED RATIOS OF EARNINGS TO
FIXED CHARGES AND RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS
Nine Months Ended Sept 30, | Fiscal Year Ended December 31, | |||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
Loss from operations | (91,086 | ) | (110,732 | ) | (119,076 | ) | (75,846 | ) | (33,950 | ) | (15,890 | ) | ||||||||||||
add: Fixed charges (see below) | 298 | 383 | 344 | 173 | 58 | 53 | ||||||||||||||||||
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Pre-tax loss from continuing operations plus fixed charges | (90,788 | ) | (110,349 | ) | (118,732 | ) | (75,673 | ) | (33,892 | ) | (15,837 | ) | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense on indebtedness | — | — | — | — | — | — | ||||||||||||||||||
Interest expense on portion of rent expense representative of interest | 298 | 383 | 344 | 173 | 58 | 53 | ||||||||||||||||||
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Total fixed charges | 298 | 383 | 344 | 173 | 58 | 53 | ||||||||||||||||||
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Ratio of earnings to fixed charges | — | — | — | — | — | — | ||||||||||||||||||
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Deficiency of earnings available to cover fixed charges | (91,086 | ) | (110,732 | ) | (119,076 | ) | (75,846 | ) | (33,950 | ) | (15,890 | ) | ||||||||||||
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$ in thousands