Exhibit 12.1
Sorrento Therapeutics, Inc.
Ratio of Earnings to Fixed Charges
(in thousands) | | Nine Months Ended September 30, | | | Fiscal Year Ended December 31 | |
| | 2017 | | | 2016 | | | 2015 | | | 2014 | | | 2013 | | | 2012 | |
Pretax Income (Loss) from Continuing Operations | | $ | 53,316 | | | $ | (64,833 | ) | | $ | (13,760 | ) | | $ | (36,359 | ) | | $ | (21,911 | ) | | $ | (4,845 | ) |
Fixed Charges (per below) | | | 4,028 | | | | 1,615 | | | | 1,651 | | | | 1,628 | | | | 254 | | | | 0 | |
Interest Capitalized | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Earnings | | $ | 57,344 | | | $ | (63,218 | ) | | $ | (12,109 | ) | | $ | (34,731 | ) | | $ | (21,657 | ) | | $ | (4,845 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Interest and Other Financial Charges | | | 4,028 | | | | 1,615 | | | $ | 1,651 | | | $ | 1,628 | | | $ | 254 | | | $ | 0 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Fixed Charges | | $ | 4,028 | | | $ | 1,615 | | | $ | 1,651 | | | $ | 1,628 | | | $ | 254 | | | $ | 0 | |
Ratio of Earnings to Fixed Charges | | | 14.2 | | | | (39.1 | ) | | | (7.3 | ) | | | (21.3 | ) | | | (85.3 | ) | | | n/a | |