EX-12.1 4 exhibit1212013930.htm RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1 2013.9.30


 
 
EXHIBIT 12.1
 
 
 
 
Omeros Corporation
Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges
 
 
 
 
 
 
 
For the
 
 
ninemonths
 
 
ended
 
 
September 30,
Year Ended December 31,
 
2013
2012
2011
2010
2009
2008
 
(in thousands, except share data)
Earnings before fixed charges:
 
 
 
 
 
Loss from continuing operations before income taxes
$
(37,951
)
$
(38,444
)
$
(28,546
)
$
(29,251
)
$
(21,089
)
$
(23,827
)
Add fixed charges
4,132

2,305

2,144

2,104

2,596

834

Add amortization of capitalized interest






Add distributed income of equity investees






Subtract capitalized interest






Loss before fixed charges
$
(33,819
)
$
(36,139
)
$
(26,402
)
$
(27,147
)
$
(18,493
)
$
(22,993
)
Fixed Charges:
 
 
 
 
 
 
Interest expense
$
1,365

$
1,355

$
1,532

$
1,328

$
1,948

$
280

Amortization of debt expense and loss from extinguishment of debt
371

374

352

503

254

55

Estimate of interest expense within rental expense
2,396

576

260

273

394

499

Preference security dividend requirements of consolidated subsidiaries






Total fixed charges
$
4,132

$
2,305

$
2,144

$
2,104

$
2,596

$
834

Deficiency of earnings available to cover fixed charges
$
(37,951
)
$
(38,444
)
$
(28,546
)
$
(29,251
)
$
(21,089
)
$
(23,827
)