(all amounts in dollars) YEAR ENDED DECEMBER 31, ---------------------------------------------------------------------- NINE MONTHS ENDED 1993 1994 1995 1996 1997 SEPTEMBER 30, 1998 Loss from Continuing Operations before provision for income taxes (2,389) (3,311) (2,452) (6,442) (985) (1,231) Add: Interest on indebtedness and amortization of debt expenses 0 0 0 755 1,052 4,093 ------ ------ ------ ------ ----- ------ Loss, as Adjusted (2,389) (3,311) (2,452) (5,687) 67 2,862 ------ ------ ------ ------ ----- ------ Fixed Charges: Interest on indebtedness and amortization of debt expense 0 0 0 755 1,052 4,093 Capitalized interest 0 0 0 0 150 1,500 ------ ------ ------ ------ ----- ------ Total Fixed Charges 0 0 0 755 1,202 5,593 ------ ------ ------ ------ ----- ------ Coverage Deficiency N/A N/A N/A 6,442 1,135 2,731 ====== ====== ====== ====== ===== ======