EX-12.1 5 pure_s3-ex12x1.htm EXHIBIT 12.1

Exhibit 12.1

Pure Bioscience
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(in thousands of dollars, except for ratios)

Six Months Year Ended July 31,
Ended
January 31, 2009

2008
2007
2006
2005
2004
Earnings:                            
   Net income (loss)   $ (3,825 ) $ (6,538 ) $ (4,652 ) $ (3,681 ) $ (3,012 ) $ (2,821 )
     from continuing  
     operations before  
     taxes  
   Fixed charges   $ (8 ) $ (11 ) $ (9 ) $ (9 ) $ (119 ) $ (326 )






 
     Total   $ (3,833 ) $ (6,549 ) $ (4,661 ) $ (3,690 ) $ (3,131 ) $ (3,147 )






 
Fixed Charges:   
   Interest   $ (8 ) $ (11 ) $ (9 ) $ (9 ) $ (119 ) $ (326 )






     Total   $ (8 ) $ (11 ) $ (9 ) $ (9 ) $ (119 ) $ (326 )






        For each of the years ended July 31, 2004 to 2008 and the six months ended January 31, 2009, our earnings were insufficient to cover fixed charges. Because of the deficiency, ratio information is not applicable. Accordingly, the foregoing table sets forth the deficiency of earnings from continuing operations available to cover fixed charges for each of the periods presented.

        For purposes of computing the deficiency of earnings from continuing operations available to cover fixed charges, fixed charges consist of (a) interest expensed and capitalized, (b) amortized premiums, discounts and capitalized expenses related to indebtedness and (c) an estimate of the interest within rental expense. Earnings consist of net losses from continuing operations before income taxes plus fixed charges.

        For the periods indicated above, we had no outstanding shares of preferred stock with required dividend payments. Therefore, the ratios of earnings to combined fixed charges and preferred stock dividends are identical to the information presented above.