EX-12.1 3 file3.htm EXHIBIT 12.1

Exhibit 12.1

L-1 Identity Solutions, Inc.
Calculation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)


            Three months ended
  Year ended December 31, March 31, March 31,
  2002 2003 2004 2005 2006 2006 2007
EARNINGS              
Pre-tax loss from continuing operations before Fixed Charges $ (9,530.0 )  $ (5,466.0 )  $ (6,038.0 )  $ (5,971.0 )  $ (28,233.0 )  $ (2,158.0 )  $ (8,831.0 ) 
FIXED CHARGES              
Interest expense and amortization of debt discount and
issuance costs
1,071.0 1,068.0 1,933.0 159.0 1,598.0 6.0 1,771.0
One-third of rental expense 433.0 467.0 400.0 267.0 733.0 183.0 302.0
Total Fixed Charges 1,504.0 1,535.0 2,333.0 426.0 2,331.0 189.0 2,073.0
Pre-tax loss from continuing operations including Fixed Charges $ (8,026.0 )  $ (3,931.0 )  $ (3,705.0 )  $ (5,545.0 )  $ (25,902.0 )  $ (1,969.0 )  $ (6,758.0 ) 
Ratio of Earnings to Fixed Charges * * * * * * *
DEFICIENCY $ 9,530.0 $ 5,466.0 $ 6,038.0 $ 5,971.0 $ 28,233.0 $ 2,158.0 $ 8,831.0
* Ratio is less than 1.00.
We have calculated our ratio of earnings to fixed charges as earnings, which are the sum of earnings from continuing operations before income taxes, income applicable to minority interests and equity in net income (loss) of unconsolidated affiliates, plus fixed charges, divided by fixed charges. Fixed charges are the sum of interest on indebtedness, amortization of debt discount and expense and that portion of net rental expense deemed representative of the interest component.

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