EX-12.1 4 nvta-ex121_250.htm EX-12.1 nvta-ex121_250.htm

Exhibit 12.1

INVITAE CORPORATION

STATEMENT REGARDING COMPUTATION OF RATIOS

(in thousands)

 

 

 

For the years ended December 31,

 

 

 

2012

 

 

2013

 

 

2014

 

 

2015

 

 

2016

 

Earnings (deficiency):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss before provision for income taxes

 

$

(8,602

)

 

$

(24,838

)

 

$

(47,492

)

 

$

(89,782

)

 

$

(100,256

)

Fixed charges, as calculated below

 

 

29

 

 

 

56

 

 

 

61

 

 

 

211

 

 

 

421

 

    Earnings (deficiency)

 

 

(8,573

)

 

 

(24,782

)

 

 

(47,431

)

 

 

(89,571

)

 

 

(99,835

)

Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

29

 

 

 

56

 

 

 

61

 

 

 

211

 

 

 

(420,869

)

Amortization of debt issuance cost

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

421,290

 

Estimated interest portion of rental expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

    Total fixed charges

 

 

29

 

 

 

56

 

 

 

61

 

 

 

211

 

 

 

421

 

Ratio of earnings to fixed charges (1)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1)

Our earnings were inadequate to cover fixed charges for the year ended December 31, 2012,2013, 2014, 2015 and 2016 by $8.6 million, $24.8 million, $47.5 million, $89.8 million and 100.3 million, respectively.