EXHIBIT 12.1
Published on March 9, 2017
Exhibit 12.1
CODEXIS, INC.
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
Years Ended December 31, |
||||||||||||||||||||||
2012 |
2013 |
2014 |
2015 |
2016 |
||||||||||||||||||
Fixed charges: |
||||||||||||||||||||||
Interest Expense |
$ |
— |
$ |
13 |
$ |
— |
$ |
— |
$ |
14 |
||||||||||||
Total Fixed Charges |
— |
13 |
— |
— |
14 |
|||||||||||||||||
Earnings (deficiency) available for fixed charges: |
||||||||||||||||||||||
Pre-tax income(loss) from continuing operations |
(30,587 |
) |
(41,390 |
) |
(19,327 |
) |
(7,919 |
) |
(8,598 |
) |
||||||||||||
add: Fixed Charges |
— |
13 |
— |
— |
14 |
|||||||||||||||||
Earnings(deficiency of earnings) available to cover fixed charges |
$ |
(30,587 |
) |
$ |
(41,377 |
) |
$ |
(19,327 |
) |
$ |
(7,919 |
) |
$ |
(8,584 |
) |
|||||||
Ratio of earnings to fixed charges (1) |
N/A |
N/A |
N/A |
N/A |
N/A |
(1) |
Our earnings were inadequate to cover fixed charges for the years ended December 31, 2012 through December 31, 2016. |