1 EXHIBIT 12.1 COMPUTATION OF COVERAGE DEFICIENCY (IN THOUSANDS) Year Ended Six Months Ended December 31, June 30, 1995 1996 1996 1997 ----------------------- ------------------------ Net Income (Loss) Before Taxes, Discounted Operations, Extraordinary Items and Cumulative Effect of a Change in Accounting $(907) $(2,793) $(1,283) $(4,193) Principle . . . . . . . . . . . . . . . . . Interest Expense . . . . . . . . . . . . . . . 463 2,121 437 2,247 Portion of Rents Representative of the Interest Factor . . . . . . . . . . . . . . 322 988 334 1,417 ----- ------- ------- ------- Income (Loss) Before Taxes as Adjusted . . . . (122) 316 (512) (529) Fixed Charges: Interest Expense . . . . . . . . . . . . . 463 2,121 437 2,247 Interest Capitalized . . . . . . . . . . . 0 0 0 0 Portion of Rents Represented of the Interest Factor . . . . . . . . . . . . 322 988 334 1,417 ----- ------- ------- ------- Total Fixed Charges . . . . . . . . . . . . $ 785 $ 3,109 $ 771 $ 3,664 ----- ------- ------- ------- Deficiency of Earnings to Fixed Charges . . . . $(907) $(2,793) $(1,283) $(4,193) ===== ======= ======= =======