EXHIBIT 12.1 MENTUS MEDIA CORP. CALCULATION OF RATIO OF DEFICIENCY OF EARNINGS TO FIXED CHARGES THREE MONTHS ENDED MARCH 31, ------------------------ PRO FORMA YEARS ENDED DECEMBER 31, YEAR ENDED HISTORICAL --------------------------------------------------------------- DECEMBER 31, ------------------------ 1993 1994 1995 1996 1997 1997 1997 1998 ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- Net loss as reported in the statements of operations....... $(1,791,813) $(2,143,364) $(2,334,576) $(2,055,504) $(6,388,484) $(13,268,000) $(1,508,910) $(3,264,296) Add Portion of rents representative of the interest factor......... 60,667 50,000 50,000 63,597 421,443 421,443 74,693 145,524 Interest on indebtedness... 145,193 191,769 239,859 231,355 280,806 7,161,000 65,120 843,774 ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- Loss as adjusted..... (1,585,953) (1,901,595) (2,044,717) (1,760,552) (5,686,235) (5,685,557) (1,369,097) (2,274,998) ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- Fixed charges Portion of rents representative of the interest factor......... 60,667 50,000 50,000 63,597 421,443 421,443 74,693 145,524 Interest on indebtedness..... 145,193 191,769 239,859 231,355 280,806 7,161,000 65,120 843,774 ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- 205,860 241,769 289,859 294,952 702,249 7,582,443 139,813 989,298 ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- Deficiency of earnings to fixed charges.......... $(1,791,813) $(2,143,364) $(2,334,576) $(2,055,504) $(6,388,484) $(13,268,000) $(1,508,910) $(3,264,296) ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- ------------- ----------- ----------- PRO FORMA 1998 ----------- Net loss as reported in the statements of operations....... $(4,415,000) Add Portion of rents representative of the interest factor......... 145,524 Interest on indebtedness... 1,745,000 ----------- Loss as adjusted..... (2,524,476) ----------- Fixed charges Portion of rents representative of the interest factor......... 145,524 Interest on indebtedness..... 1,745,000 ----------- 1,890,524 ----------- Deficiency of earnings to fixed charges.......... $(4,415,000) ----------- -----------