Form: S-3

Registration statement under Securities Act of 1933

Exhibit 12.1


 
 
Year Ended December 31,
 
Six months ended 
June 30
 
 
2014
 
2015
 
2016
 
2017
Earnings:
 
 
 
 
 
 
 
 
Net loss
 
$
(9,890
)
 
$
(15,557
)
 
$
(20,467
)
 
$
(15,475
)
 
 
 
 
 
 
 
 
 
Fixed charges to add to earnings:
 
 
 
 
 
 
 
 
Interest expense
 
152

 
499

 
528

 
270

Amortization of financing costs
 
41

 
79

 
70

 
20

Rent interest factor (1)
 
62

 
66

 
105

 
61

Total fixed charges
 
255

 
644

 
703

 
351

Earnings before fixed charges
 
(9,635
)
 
(14,913
)
 
(19,764
)
 
(15,124
)
Ratio of earnings to fixed charges
 
N/A
 
N/A
 
N/A
 
N/A

Ratio of earnings to fixed charges is not applicable as the Company was deficient in earnings by approximately $9,635 and $14,913 and $19,764 for the years ended December 31, 2014, 2015 and 2016 respectively and approximately $15,124 for the six months ended June 30, 2017

(1)
Approximately one-third of rental expense is deemed representative of interest factor