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S-3 Filing
Tyme (TYME) S-3Shelf registration
Filed: 19 May 16, 12:00am
Exhibit 12.1
Tyme Technologies, Inc.
Computation of Ratio of Earnings to Fixed Charges
|
| Year ended December 31, |
| Three |
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|
| 2012 |
| 2013 |
| 2014 |
| 2015 |
| 2016 |
| |||||
Determination of earnings |
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Loss before income taxes |
| $ | (887,579 | ) | $ | (1,057,672 | ) | $ | (2,660,677 | ) | $ | (11,726,818 | ) | $ | (2,887,740 | ) |
Add: |
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Fixed charges - per below |
|
| — |
|
| 5,885 |
|
| 86,272 |
|
| 54,893 |
|
| 3,212 |
|
Total loss |
|
| (887,579 | ) |
| (1,051,787 | ) |
| (2,574,405 | ) |
| (11,671,925 | ) |
| (2,884,528 | ) |
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Fixed charges: |
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Interest expense |
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| — |
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| 5,885 |
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| 76,561 |
|
| 38,301 |
|
| — |
|
Estimated component of rent expense |
|
| — |
|
| — |
|
| 9,711 |
|
| 16,592 |
|
| 3,212 |
|
Total fixed charges |
|
| — |
|
| 5,885 |
|
| 86,272 |
|
| 54,893 |
|
| 3,212 |
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Ratio of earnings to fixed charges (1) |
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Deficiency of earnings to cover fixed charges |
| $ | 887,579 |
| $ | 1,057,672 |
| $ | 2,660,677 |
| $ | 11,726,818 |
| $ | 2,887,740 |
|
(1) For all periods presented, no ratios are provided as earnings were insufficient to cover fixed charges.