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S-3/A Filing
Tyme (TYME) S-3/AShelf registration (amended)
Filed: 8 Aug 17, 12:00am
Exhibit 12.1
Tyme Technologies, Inc.
Computation of Ratio of Earnings to Fixed Charges
Year ended December 31, | Year ended March 31, | |||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2017 | ||||||||||||||||
Determination of earnings | ||||||||||||||||||||
Loss before income taxes | $ | (887,579 | ) | $ | (1,057,672 | ) | $ | (2,660,677 | ) | $ | (11,726,818 | ) | $ | (15,206,781 | ) | |||||
Add: | ||||||||||||||||||||
Fixed charges - per below | — | 5,885 | 86,272 | 54,893 | 98,039 | |||||||||||||||
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Total loss | (887,579 | ) | (1,051,787 | ) | (2,574,405 | ) | (11,671,925 | ) |
| (15,108,742 | ) | |||||||||
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Fixed charges: | ||||||||||||||||||||
Interest expense | — | 5,885 | 76,561 | 38,301 |
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Estimated component of rent expense | — | — | 9,711 | 16,592 | 98,039 | |||||||||||||||
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Total fixed charges | — | 5,885 | 86,272 | 54,893 | 98,039 | |||||||||||||||
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Ratio of earnings to fixed charges (1) | (1 | ) | (1 | ) | (1 | ) | (1 | ) |
| (1 | ) | |||||||||
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Deficiency of earnings to cover fixed charges | $ | 887,579 | $ | 1,057,672 | $ | 2,660,677 | $ | 11,726,818 | $ | 15,206,781 | ||||||||||
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(1) | For period presented, no ratio is provided as earnings were insufficient to cover fixed charges. |